Top rating for conformance with the International Professional Practices Framework of Internal Auditing

In 2023, BAS Internal Audit department has achieved the top rating for its Quality Assurance and Improvement Program (QAIP) for conformance with the International Professional Practices Frame- work of Internal Auditing (IPPF). The full assessment was carried out during February 2023 by UAE Internal Auditors Association (UAE IAA), which is the official IIA (The Institute of Internal Auditors) affiliate in the UAE and is authorised by the Institute of Internal Auditors, USA to conduct Quality Assessments under provisions of Addendum GG, and resulted in a “Generally Conforms” rating.