About Emerging Risks Cautions Internal Auditors Global Chief

Risks are evolving at an unprecedented rate, and it is vital that internal auditors at all levels are properly organized for what lies ahead. That will be the focus of the 20th Annual Regional Audit Conference (ARAC) geared up by the UAE Internal Auditors Association (UAE IAA). Themed Future Technology Shaping IA, the event will be held April 12-14, 2020 at the Dubai International Convention and Exhibition Center.

Richard Chambers, President and CEO of the global association, The Institute of Internal Auditors (IIA), will be discussing essential subject matters for the career in his address, Vision 2020s: The Decade Ahead for Internal Audit.

The event, extensively considered the largest Smart conference and premier training event associated to Internal Audit in the Middle East, will provide delegates an chance to have interaction with leading experts who have an impact on change in the profession.

The 2020s will almost definitely pose considerable new challenges and opportunities for the internal audit profession. We have to look at where we have been, where we are now, and, importantly, where we are heading. Its not adequate to predict the future: Our mission is to determine how we will get there, stated Chambers.

The UAE IAA is making excellent strides to growth the internal audit profession in the Middle East, the place we are seeing sustained growth in membership. I am delighted to return to Dubai for this marquee event.
UAE IAA Chairman of the Board, Abdulqader Obaid Ali, said: We look ahead to showcasing thepath ahead for the world of internal audit. Our future-oriented conference provides world-class professional improvement sessions that focus on how upcoming developments in technology will reshape the career in this decade and beyond.

Targeting 1,500+ professionals to attend the event from the Middle East and North African region, key topics will encompass Digitization, Agile Auditing, Governance and Risks, Fraud and Corruption, Information Security and Transformational Leadership.

To maintain and construct on our successes of the previous two decades, internal auditors will need to pivot yet again to address the changing desires driven by high-tech disruptions that basically impact how work gets done, added Chambers. To successfully adapt, internal auditors will need to embrace technology like never before.

UAE IAA, a non-profit organization, was set up in 1995 along the lines of its parent body, the Institute of Internal Auditors (IIA Global) which has 200,000 members from more than 190 countries and organizations. The UAE accounts for about 45% of the total number of internal auditors working in the region, estimated at about 7,000 auditors, of which 22% are Emiratis.