“Internal Audit: Embracing the challenges of the future” IAS Conference 2018, Belgium.

Posted by | September 10, 2018 | Latest Audit Information & News, Uncategorized

IAS Conference 2018, Belgium – “Internal Audit: Embracing the challenges of the future”

The Internal Audit Service of European Commission will hold its annual international conference on 6 November 2018 in Brussels, Belgium focusing on the global challenges affecting the Internal Audit (IA) profession and will be opened by the First Vice-President of the European Commission, Mr Frans Timmermans.

In addition, Mr Richard Chambers, President and CEO of IIA Global will be a keynote speaker.

The Conference being ever more aware of the fact that the global challenges affecting the IA profession are evolving at a rate beyond expectations, this year the IAS Conference will aim at thoroughly focusing on the challenges for Internal Audit in the future in order to outline those strategies, tools and approaches deemed most effective for the delivery of value-added results and assurance.

Moreover, the most recent peer discussions and developments are based on the assumption that the IA function is still able to represent a reference point for its stakeholders. However, the Fourth Industrial Revolution is challenging governments and organizations to keep pace with the exponential growth in innovations in technology and fast-evolving external framework. This urgently calls for an adaptation of the IA profession to the new upcoming needs.

On the one hand, the world is changing faster and faster, which makes it also more complicated for auditors to stay aligned to the entity’s top risks and to smoothly execute their audit plans. On the other hand, innovation may lead to new areas of focus for auditing, requiring a new, updated skill set in terms of both technical and soft skills.

We shall therefore look at the many changes, actual and potential, that are affecting our world, to better understand it rather than just being in awe of it, whilst taking into consideration all of the implications for our profession.

This conference will have the following sessions:

  1. Future changes in our external political and business environment.
  2. Keeping pace with the Fourth Industrial Revolution and the changes in society and Panel on how to deal with these changes (short separate presentations and discussion).
  3. Showcases on new internal audit methodologies.
  4. Public sector auditing 2018: Imperatives for the future.
  5. Future-proofing the Internal Auditors’ skill set and Panel on various changes impacting on the (internal) audit profession (short separate presentations and discussion).
  6. Providing assurance and addressing stakeholders’ expectations and Panel on how representatives of Internal Control (IC), Risk Management (RM), Internal Audit (IA) and Audit Committees (AC) deal with these issues (short separate presentations and discussions):

This conference should be attended by High-level internal audit managers, auditors, representatives from financial ministries and other international organizations.

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