Arab Confederation For Internal Auditors To Host Second Conference In AlUla Focusing On Innovation And Development

The Arab Confederation for Institutes of Internal Auditors (ARABCIIA) is set to commence its second conference in AlUla. This event, happening under the auspices of Dr. Hussam Alangari, President of the General Court of Audit and ARABCIIA Chairman, will see participation from the ARABCIIA Board of Directors, executive management of the Institute of Internal Auditors, and various officials and specialists from both public and private sectors across the Arab world.

The conference aims to foster innovation-driven development and introduce new ideas to align with changes in the Arab region. It seeks to enhance the business sector's oversight framework, thereby improving professional efficiency and adding qualitative value to development plans. This aligns with best professional practices and supports strategic visions established by member associations.

Building on its first edition held in Egypt in early 2024, this conference emphasizes investing in human competencies and their ongoing development. The goal is to keep pace with professional advancements. The previous conference highlighted the importance of continuous skill enhancement to meet evolving industry standards.

Key topics at this year's event include innovative technologies, data analytics, governance, risk management, and professional ethics. These subjects are crucial for addressing responsibilities within the internal auditing field. The conference will also showcase the latest global developments in these areas.

ARABCIIA was established through a Cabinet decision as the first Arab federation dedicated to internal auditing professionals across the Arab world. Its presidency, headquarters, and general secretariat are located in Saudi Arabia. This organization plays a pivotal role in uniting internal auditors from various regions under a common platform.

By focusing on these key areas, ARABCIIA aims to enhance its members' capabilities while contributing significantly to regional development strategies. The federation's efforts are directed towards aligning with global standards and ensuring that internal auditing practices remain relevant and effective.

The conference not only aims to support innovation but also seeks to improve oversight frameworks within businesses. This initiative is expected to contribute positively towards enhancing efficiency within the profession while adding value to developmental success plans.

This gathering serves as an opportunity for stakeholders from different sectors to collaborate and share insights on advancing internal auditing practices across the Arab world. By doing so, it helps ensure that strategic visions are effectively implemented while keeping up with international trends.

With inputs from SPA