09:00AM – 09:15 AM : Registration
09:15 AM - 09:30 AM: Opening Remarks / Introduction
09:30 AM - 11:00 AM- Session 1 ( 15 mins Tea Break from 10:45 AM - 11:00 AM)
Session 1: Evolving role of an Internal Auditing Function
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Positioning of Internal Audit in an organization
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Strategic partner to business by providing quality assurance on various critical risks that are crucial to achieving organization goals
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Benchmarking the internal audit function
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Risk based audit approach
11:00 AM - 12:30 PM - Session 2
Session 2: International best practice standards & framework for Internal Auditing
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IPPF (IIA) - The updated guidance framework for internal auditors
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COSO 2013– New approaches to Enterprise Risk Management
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COBIT 5 - A business framework for the governance and management of enterprise
12:30 PM - 01:30 PM - Networking Luncheon
01:30 PM - 03:15 PM - Session 3 ( 15 mins Tea Break from 03:00 PM - 03:15 PM)
Session 3: Use of technology and data analytics in improving governance and compliance
03:15 PM – 04:30 PM - Session 4
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Technology Tools for Detection, Prevention and Investigation of Frauds
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Importance of technology in establishing an early warning system to predict potential frauds
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Data driven intelligence to unearth fraud patterns and irregular transactions/ schemes
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Discussion of relevant case studies
Session 4: Regulatory update on internal Audit Function
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New Companies Act 2013 & its impact on internal audit
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Internal Audit role in Strengthening regulatory compliance & corporate governance
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Governance Processes-Role of Board, Audit Committee, CEO & CFO
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Changes related to Audit, Auditors & Audit Committee
Case Study