Internal Audit Maldives

Independent articles, insights, perspectives, and discussions dedicated to advancing the internal auditing profession in the Maldives.

A free compliance self-assessment for SOEs is now available

Ask a state-owned enterprise whether it complies with the Code of Corporate Governance and the answer is almost always yes. Ask which provisions it does not meet, and the room tends to go quiet, not because anyone is hiding anything, but because most organisations have never sat down and counted.

internalaudit.mv now hosts a free self-assessment that does the counting. It covers the Code of Corporate Governance for SOEs and the Procurement Procedures and Guidelines, either separately or together, and takes about an hour per instrument.

It runs entirely in your browser. There is no account, no submission, and no server that receives your answers, which means we could not see them even if we wanted to.

What you get at the end

A compliance report you can take to your Audit Committee: a compliance index, your critical departures ranked and referenced to clause, your explanation rate, and a section-by-section ledger. Here is a complete sample, generated from illustrative answers.

https://internalaudit.mv/compliance/sample-report.pdf

Start

The dedicated page explains what the assessment covers, how the comply-or-explain obligation works, and exactly why your answers stay on your own device.

Start the self-assessment → · Read more first


This is not an official service of the Privatisation and Corporatization Board or the Ministry of Finance and Public Enterprises, and is not endorsed by either. It is an independent reading of two published instruments, and it is not an audit, an assurance opinion, or legal advice.

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