IIA SA Delegation Visits Austria To Share Insights On Internal Auditing Practices

A delegation from the Saudi Institute of Internal Auditors (IIA SA), led by chief executive Abdullah Saleh Al-Shebeili, met with IIA Austria's executive management in Vienna. This meeting is part of the "From Riyadh to the World" initiative, which aims to exchange auditing experiences. Chief executives from various governmental bodies attended the event.

Al-Shebeili highlighted the progress in internal auditing within Saudi Arabia over the past seven years. He pointed out advancements in both the institute and government oversight sectors, stressing their commitment to improving internal auditing practices. "The IIA SA is dedicated to keeping pace with developments and sharing new practices across various sectors in the Kingdom with the world through this initiative," he stated.

The "From Riyadh to the World" initiative seeks to enhance Saudi Arabia's global reputation by sharing knowledge and successful professional experiences internationally. Over the last five years, significant changes have occurred in Saudi Arabia's oversight sector, drawing substantial involvement from both government and private entities. This engagement is vital for promoting sustainable development, a primary goal of Saudi Vision 2030.

Saudi Arabia's leadership has supported its pioneering role globally, particularly in internal auditing. As a result, IIA SA has been ranked among the top 10 internal auditing institutions worldwide by the Institute of Internal Auditors (IIA). The initiative underscores Saudi Arabia's commitment to maintaining its leading position across various fields.

The meeting in Vienna served as a platform for discussing how Saudi Arabia can continue to share its successful practices with other countries. Al-Shebeili emphasized that ongoing efforts are crucial for advancing internal auditing standards both locally and internationally. The initiative reflects a broader strategy to align with global best practices while contributing to international discourse on effective governance.

The delegation's visit highlights Saudi Arabia's dedication to fostering international collaboration in internal auditing. By engaging with global partners, IIA SA aims to bring innovative solutions back home, further enhancing its domestic practices. This approach not only benefits Saudi Arabia but also contributes positively to global auditing standards.

Through initiatives like "From Riyadh to the World," Saudi Arabia demonstrates its commitment to excellence and leadership in internal auditing. The kingdom continues to play a significant role on the world stage, driven by a vision that prioritizes sustainable development and effective governance.

With inputs from SPA