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Internal Audit Innovation Forum

November 9-11th, 2009
Logo: Thought Leader GLoabl conference. Amsterdam

In the current environment, internal audit, risk and internal control have the unprecedented opportunity to help manage costs, expand its role in mitigating operational, financial and strategic risk and plan for long-term value creation. Companies are required to act now to be prepared for the challenges and opportunities in a fiercely competitive environment. Therefore audit and GRC directors, and managers need to develop leaner and more efficient internal audit and internal control models.

Increased oversight of financial, credit and liquidity risk is very critical, and internal audit has an opportunity to be more involved in these processes. In addition, audit must be brought closer to business strategy in order to better detect the future high risk areas in the business and properly test internal controls. Governance, risk and compliance will continue to play a huge role in internal audit’s mission to provide assurance to stakeholders, as well as external quality assessments.

Finally, with increased incidents of fraud worldwide, it is critical for corporations to develop and improve their fraud prevention, detection and investigation programmes. Fraud audits should be incorporated into all auditing, and a multi-pronged approach should be used in audit prevention that examines business processes and data management.

Audit, Risk and Compliance must embrace innovation to help position itself as an effective control tool and provide assurance for the organisation. This event features numerous thought leaders who are currently leading innovation in their corporate environments. Utilise this event to learn from their experiences, compare solutions and take away concrete strategies that you can use to drive transformation in your enterprise.

For more information, visit the website at:
www.thoughtleaderglobal.com/3audit.html

 


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