Industrial training report: Department of Penang Port Sdn Bhd / Nurfarhanah Mohd Fauzi Althani

During my internship at the Internal Audit Department of Penang Port Sdn. Bhd., spanning from 1st September 2023 to 9th February 2024, I had privilege of delving into the intricate workings of the company’s internal control systems and risk management processes. The primary objective of my internship was to gain practical experience in internal audit practices, contribute to the enhancement of the company’s internal controls, and apply academic knowledge to real-world audit scenarios
My responsibilities in the Internal Audit Department included is my involvement in the follow-up audit, where I ensure that the selected sample adheres to the specific standards set for each department, providing me with hands-on experience in conducting internal audits, risk assessments, and compliance evaluations. These tasks allowed me to develop a comprehensive understanding of audit methodologies, regulatory compliance, and the importance of maintaining a robust internal control environment.
.The internship has been a transformative learning experience, equipping me with practical skills in risk identification, audit planning and report generation. Working closely with the Internal Audit team exposed me to the nuances of corporate governance and regulatory frameworks, providing insights that will undoubtedly shape my future endeavors in the field of internal audit.
I extend my sincere appreciation to the Internal Audit team at Penang Port Sdn. Bhd. For their mentorship and support throughout the internship. Their guidance was instrumental in my understanding of internal audit practices, and I am grateful for the opportunity to learn from seasoned professionals in the field.
In conclusion, this executive summary encapsulates the enriching experience of my internship in the Internal Audit Department. It highlights the practical skills gained, challenges overcome, and the invaluable insights into the crucial role of internal audit in ensuring organizational effectiveness and compliance.