Introduction

Internal Audit in India has evolved significantly in the last few years; corporate frauds, governance failures, regulatory scrutiny and globalization have contributed to an increased focus on the internal audit function.

 

The role of Internal Audit function in an organization is to provide effective and independent assurance to the board and management on how key business processes are managed and strategies are implemented to achieve organizational objective.

 

VCCircle’s upcoming Internal Audit Forum will provide fresh insight on the evolving role of an internal auditing and share new ideas, best practices, international standards and recent trends besides the emerging challenges in the internal auditing function. 

 

Benefits of attending:

  • Understanding  how internal controls can manage risk, reduce fraud and increase profits

  • Understanding various critical risks that are crucial to achieving corporate goals

  • Key imperatives that internal auditors must address immediately

  • New strategies for aligning internal audit with stakeholder’s expectations

  • Implementation of a risk based approach

  • Use of technology & data analytics in Internal Audit Function

  • Current issues, challenges, and emerging practices in internal auditing

  • Enhancing role of internal audit in corporate governance

  • New Companies Act 2013  and its impact on internal audit

 

Who Should Attend:

 
  • Chief Audit Executives

  • Chief Internal Auditors

  • Chief Risk Officers     

  • Internal Audit Team members

  • Practicing Internal Auditors

  • Auditors & Audit Committee Members

  • Finance professionals                              

  • Chartered accountants

  • Chief Financial Officers                    

  • Managing Directors

  • Legal Counsels

  • Company Secretary

  • Heads of IT Audit

  • Cost Accountants


Agenda

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

  • Positioning of Internal Audit in an organization

  • Strategic partner to business by providing quality assurance on various critical risks that are crucial to achieving organization goals

  • Benchmarking the internal audit function

  • Risk based audit approach

11:00 AM - 12:30 PM - Session 2

 

Session 2: International best practice standards & framework for Internal Auditing

  • IPPF (IIA) - The updated guidance framework for internal auditors

  • COSO 2013– New approaches to Enterprise Risk Management

  • 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

  • Technology Tools for Detection, Prevention and Investigation of Frauds

  • Importance of technology in establishing an early warning system to predict potential frauds

  • Data driven intelligence to unearth fraud patterns and irregular transactions/ schemes

  • Discussion of relevant case studies

Session 4: Regulatory update on internal Audit Function 

  • New Companies Act 2013 & its impact on internal audit

  • Internal Audit role in Strengthening regulatory compliance & corporate governance

  • Governance Processes-Role of Board, Audit Committee, CEO & CFO

  • Changes related to Audit, Auditors & Audit Committee 

Case Study


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Want to be part of it?

VCC Events opens up the avenues for participation. Join hands to be a part of India’s largest gathering of alternative investments leaders, industry stakeholders and Asia’s influential limited partners, general partners and marquee advisors. Your chance to actively participate and augment yourself as thought leaders.


Venue :

THE LALIT, Delhi

THE LALIT

Barakhamba Avenue, Connaught Place
New Delhi-110001


Do you have any queries?

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