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With the slowing economy it is imperative to sharpen risk assessment practices to focus on the ever expanding range of strategic, operational and business risks. With expanding financial and market risk, internal audit is subjected to enhanced expectations from audit committees and face growing pressure to reduce audit cycle times and costly audit processes.
The increasing rate of merger and acquisitions in current state of economy coupled with the recent large scale trading frauds, has resulted in the urgency for enterprise wide internal control standards. Investors are becoming ever more selective about the make up of their investment portfolios. They now demand business transparency, assurances relating to the quality of information they receive and more critical of the Board of Directors.
Thus, the role of internal audit is moving away from a traditional policing and control perspective towards that of a proactive strategic tool to combat potential operational and functional risks. Strengthening compliance and internal governance standards to withstand regulatory, shareholder and the media scrutiny has been brought to the forefront to increase their accountability and transparency with the aim of increasing trust and shareholder value.
Jacob Flemings Contemporary Internal Audit Conference 19 - 21 October 2009, to be held in Doha, Qatar provides diverse speakers, topics for discussion, and the latest technology to educate and motivate you in your quest for professional development. You will walk away armed with a deeper understanding on how to deploy iron-clad internal controls that can eliminate the gaps within your organization to optimize productivity and revenue
Which questions does this conference answer?
•Are you facing growing pressure to reduce audit cycle times and costly audit processes?
•Does the trend towards information transparency and quality assurance influence your audit practice?
•Are you looking for new and innovative technology to help you exceed the “expectation gap” of your management towards internal auditor’s performance
For More Information:
Contact: Mehwish Hilal, 009714 609 1576, Mehwish.hilal@
Photo:
http://www.prlog.org/
