requirements, and to fulfil requests from BAC and Management. vii. BAC assessed GIA’s effectiveness through quarterly review of its performance comprising amongst others, contribution to cost saving and process improvement, BAC survey index, completion of audit plan, and audit turnaround. The BAC also appraised the overall FY2022 performance of GIA and discussed on succession planning for the CIA. viii. BAC deliberated the outcome of GIA’s Quality Assurance and Improvement Programme (QAIP) resulting from the annual internal assessment and acknowledged the implementation status of GIA’s 3-year Strategic Plan. ix. Reviewed GIA’s organisational independence declaration for FY2022 to assist BAC in fulfilling necessary disclosures mandated by the MCCG pertaining to independence and objectivity of the internal audit function. GIA carried out its responsibilities independently and objectively under the existing reporting arrangements,where GIA reports functionally to BAC. GIA has established mechanisms to report conflict of interest situations at department, engagement and individual levels. No conflict of interest situations were reported for FY2022. x. BAC convened three (3) private meetings with Chief Internal Auditor, in the absence of Management and Executive Directors, to address issues and concerns arising from audit engagements. xi. Acknowledged GIA’s annual review of the Internal Audit Charter, conducted to evaluate whether the purpose, authority, and responsibilities of the internal audit function continue to enable it to accomplish its objectives. xii. Approved the acquisition of new audit management system software to enhance effectiveness and efficiency of internal audit activities. 2. EXTERNAL AUDIT i. Reviewed and endorsed the revised TNB Implementation Guideline on Provision of Services by External Auditors before recommending to Board for approval. The guideline primarily addresses matters related to audit services offered by External Auditor, categorisation of non-audit services and its threshold,