SIAS has entered into a tripartite relationship with the Institute of Internal Auditors Singapore (IIAS) and SMU with the recent inking of a MOU to launch the Internal Audit Excellence Award (IAEA), as part of SIAS Investors' Choice Awards. Five representatives from SIAS, IIAS and SMU Sim Kee Boon Institute for Financial Economics, will form the IAEA Selection Committee. SMU President, Prof Arnoud De Meyer said that SMU was pleased to embark on this tripartite collaboration and that all three parties would explore new initiatives to encourage listed Singapore companies to adopt the best internal audit practices to further strengthen corporate governance.
Lianhe Zaobao