UAE Internal Audit Department cooperates with Central Bank on international best practices

The UAE Internal Audit Department is cooperating with the Central Bank on international best practices. | Courtesy of Shutterstock

The Central Bank of the United Arab Emirates (UAE) recently sent a delegation to the Roads and Transport Authority (RTA) to review the Internal Audit Department’s best practices and procedures and to share their expertise and knowledge. 

The Internal Audit Department recently won awards for Governance Audit, IT Audit and Corruption and Fraudulence Audit, and the meeting highlighted both the RTA’s values, vision, mission and goals and the department’s objectives and core operations. 

The meeting was organized to promote bringing the department’s policies in line with international industry best practices. The Central Bank delegation applauded the RTA for its openness and cooperation. 

"Such visits aim at achieving the best practices of revamping government performance across the UAE in general and Dubai Emirate in particular,” RTA Director of Internal Audit Abdullah Al Jawi said. “The Internal Audit Department is committed to adopting the highest local and international standards and practices, and implementing them in advancing the corporate governance such as enhancing the role of monitoring and questioning through audit. Thanks to this policy, the Department has garnered three distinctive awards all about top government practices of the sector nationwide; a testament to the commitment and professional transparency."

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