Arab Today, arab today iia uae a leader in corporate governance
Last Updated : GMT 19:58:22
Arab Today, arab today
Arab Today, arab today

IIA: UAE a leader in corporate governance

Arab Today, arab today

Arab Today, arab today IIA: UAE a leader in corporate governance

Abu Dhabi - Arabstoday

The United Arab Emirates was recognised as a leader in corporate governance and transparency drives during the 2nd Annual Chief Audit Executive Conference, organised by UAE Internal Audit Association (UAE-IAA) in Abu Dhabi. The conference, which concluded on Monday with the attendance of over 150 experts from major international and regional auditing firms, showcased the latest trends in internal audit. The two-day conference discussed the best means to consolidate corporate governance and transparency, in the presence of Philip Tarling, Chairman of the Institute of Internal Auditors (IIA) in USA. The conference also stressed on the need to increase awareness around the internal audit profession and praised the vital role that internal auditors play in proper risk management and fraud prevention. Abdul Qader Obeid Ali, President, UAE Internal Audit Association, said: “There is no doubt that the growing interest in auditing by institutions and companies, reflects the active role that internal audit departments play to protect companies from financial volatility in the global markets, through adopting the best standards of governance, accountability and transparency in order to verify that the money paid is spent efficiently, effectively and economically.” He added, “The internal audit profession achieved a significant growth over the past few years in the UAE, in-line with the rapid growth in the national economy, and this reflects the increase in the number of members who joined the association, which reached over 1500. UAE holds 820 internationally certified auditors out of 2672 in the Arab world.” Speakers at the Conference discussed topics relevant to the internal audit sector, such as the challenges of applying transparency in light of the economic openness, and the relationship of institutions with external regulatory bodies, as well as the ways to strengthen the relationship with audit committees. The conference highlighted the importance of having internal auditors on board, as they are the backbone who can identify risks and ensure companies’ performance and continuity. Internal audit departments help institutions to point out permanent risks in all sections of the company or organisation, and to identify the causes and effects and provide solutions. The UAE Internal Audit Association (IAA) was set up in July 1995, as a non-profit organization along the lines of its parent body with the support and co-operation of the Emirates Group, the Economic Department, Dubai Chamber of Commerce, Al Futtaim, Emirates Bank and Dubal. On June 24, 2006 the IIA in Dubai sought and gained approval to become IIA UAE. In 2008 they obtained a ministerial decree from the Ministry of Social Affairs to become the UAE Internal Audit Association. The Association now has the support of leading companies from the UAE who are involved in promoting the profession of Internal Auditing through this medium. Keeping with the mission Provide dynamic leadership to advocate and promote the profession of internal auditing throughout the UAE, UAE IIA offers regular trainings, workshops, seminars and an annual conference with the objective of promoting the profession within the business community. It has in the past invited leading speakers from various countries to share their expertise and knowledge. From Gulf Today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today iia uae a leader in corporate governance Arab Today, arab today iia uae a leader in corporate governance

 



Arab Today, arab today
Arab Today, arab today Hats, scarves add beauty to women

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women
Arab Today, arab today Tourist guide reveals methods of tourist attractions

GMT 17:46 2017 Saturday ,18 February

Tourist guide reveals methods of tourist attractions
Arab Today, arab today To release new antiques collection

GMT 20:33 2017 Friday ,17 February

To release new antiques collection
Arab Today, arab today Leader Omar Abdel Rahman dies in US prison

GMT 19:00 2017 Sunday ,19 February

Leader Omar Abdel Rahman dies in US prison
Arab Today, arab today Murder of 2 reporters in Dominican Republic

GMT 22:45 2017 Thursday ,16 February

Murder of 2 reporters in Dominican Republic
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Kidogo provides childcare for underserved

GMT 20:24 2017 Wednesday ,15 February

Kidogo provides childcare for underserved
Arab Today, arab today Tragic fluctuations of Bakhtiari's life revealed

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Porsche reveals new 2018 Panamera

GMT 17:31 2017 Wednesday ,15 February

Porsche reveals new 2018 Panamera
Arab Today, arab today Actress Nadeen Al Rassi views art as her entity

GMT 07:30 2017 Saturday ,18 February

Actress Nadeen Al Rassi views art as her entity
Arab Today, arab today Teach monkeys to recognize themselves in mirror

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 07:05 2017 Friday ,17 February

Singer Diana Karzon will issue a new album soon

GMT 06:40 2017 Friday ,10 February

MP calls for removing text from Islamic story

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome

GMT 10:26 2017 Tuesday ,14 February

Emergency UN meeting in Harare

GMT 14:04 2017 Tuesday ,14 February

"Lagom" new Swedish concept in interior design

GMT 12:07 2017 Thursday ,16 February

Bite-mimicking malaria vaccine

GMT 09:03 2017 Thursday ,16 February

Tour guide praises women’s beaches

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 21:42 2017 Sunday ,12 February

Rania al-Ghazali designs candles of bubbles
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday