Internal audit practitioners globally are bearing the brunt of dramatically shifting reforms and changes in the business environment, technology and regulatory landscape. The economic environment in Kuwait is no different. With the changing regulatory and business environment, the responsibilities of Internal Auditors are expanding and the focus on Internal Audit function has heightened and their importance as independent advisors to the Board has amplified.
To address the problems and challenges faced by professional auditors of the 21st century, UAE Internal Audit Association (IAA) in conjunction with Protiviti (www.protiviti.com), a global consulting firm is organizing a seminar on Internal Audit at Sheraton Kuwait on January 28th 2014.
Abdulqader Obaid Ali, President of UAE Internal Audit Association and Chief of Internal Audit for Dubai World will be the keynote speaker of this event. He will share his personal experiences and lessons learnt during his tenure both as a chief audit executive and an auditee in a seminar presentation while addressing the current challenges faced by young Auditors. While detailing the intricacies of an audit process, he will also shed light on the necessity of setting up a fraud detection department and whistle blowing system.
In addition, the changing paradigms of internal audit landscape in Kuwait will be discussed in a panel discussion featuring some of the top industry executives. Chief Moderator of this discussion will be Protiviti MD & Head of Banking & Financial Services, Adnan Zakariya, who has been instrumental in developing the Internal Audit & Risk Advisory practice catering to Banking and Financial Services Sector in Kuwait.
Protiviti has been actively engaging the local business community through a series of workshops and business seminars on the practices of Internal Audit and Risk Management, Business Continuity Management, Fraud and Forensics and IT consulting. This exclusive seminar on the changing paradigms of Internal Audit is yet another commitment from the global consulting firm to continue with its knowledge sharing endeavours for the industry.