General Court Of Audit Announces Fifth Internal Auditing Forum In Riyadh

The General Court of Audit (GCA) in Saudi Arabia is set to host the Fifth Internal Auditing Forum on May 12, aligning with the International Internal Audit Awareness Month. This significant event will be held at the GCA's headquarters in Riyadh, drawing in a host of specialized speakers from both national and international backgrounds. The forum is designed to serve as a platform for leaders and specialists from internal audit departments across various government agencies, facilitating a deep dive into the evolving role of internal audit in organizational success.

The primary aim of this year's forum is to spotlight the critical role of internal auditing in achieving organizational strategic objectives, enhancing audit and governance frameworks, and fostering a rich exchange of knowledge on current challenges and future development opportunities within the field. Highlighting the event, Sally-Anne Pitt, Chair of the Institute of Internal Auditors Board of Directors, is scheduled to deliver a keynote speech. Her address will focus on the anticipated global impact of the standards change in 2024 on internal audit work, marking a pivotal moment for professionals worldwide.

The forum will feature two engaging discussion sessions. The first session aims to explore the contribution of internal audit towards achieving strategic goals of public sector institutions and its role in creating value. Meanwhile, the second session is set to examine the implications of artificial intelligence (AI) on internal audit practices and applications. These discussions promise to offer valuable insights into the dynamic nature of internal audit and the challenges and opportunities that lie ahead.

In addition to these sessions, an 'Internal Audit Applications' exhibition will take place, where various organizations will present their experiences in enhancing internal audit functions within their entities. This exhibition presents a unique opportunity for attendees to engage with a wide array of internal audit practices and network with professionals in the field.

As the Fifth Internal Auditing Forum approaches, it stands as a testament to the GCA's commitment to advancing the internal audit profession. By bringing together esteemed leaders and specialists, the forum aims to catalyze discussions on pivotal topics that shape the future of auditing and governance across sectors. The event not only promises to enrich participants' understanding but also to equip them with insights to navigate the complexities of an ever-evolving audit landscape.

With inputs from SPA