Melbourne Hosts Sixth Round Of 'From Riyadh To The World' Initiative Showcasing Saudi Internal Auditing Expertise

The Saudi Institute of Internal Auditors (IIA KSA), led by CEO Abdullah Saleh Al-Shebeili, took part in the sixth "From Riyadh to the World" initiative. This event occurred alongside the National Internal Audit Conference in Melbourne, Australia. The institute's involvement highlights Saudi Arabia's expertise in internal auditing and oversight.

Al-Shebeili emphasised that IIA KSA's participation showcases Saudi Arabia's significant strides in internal auditing. He stated, "The Saudi experience has become an international model, thanks to the continuous development of the regulatory and internal auditing system." This progress is attributed to adopting best practices that enhance institutional performance and governance.

The event gathered leaders from Australia's Institute of Internal Auditors, senior executives, and professionals from major government agencies and companies. Discussions focused on professional topics and successful experiences from Saudi Arabia. These included innovative auditing methods at Sadara Chemical Company and a case study on digital transformation in internal auditing.

Al-Shebeili highlighted that with wise leadership support, Saudi Arabia has transformed its business environment. This transformation has improved institutional compliance, placing the Kingdom among leading countries in this field. The CEO noted that these advancements have helped rank IIA KSA among the world's top 10 professional associations.

The role of data analytics in revolutionising internal auditing was also discussed at the conference. It aligns with company strategies and strengthens auditing functions. Al-Shebeili reiterated IIA KSA's commitment to enhancing Saudi Arabia's global presence through knowledge exchange with leading institutions.

This recognition underscores Saudi Arabia's esteemed position in the sector. Al-Shebeili mentioned that showcasing achievements reflects the Kingdom's dedication to sector development, aligning with Saudi Vision 2030 objectives. The institute continues to promote knowledge sharing globally.

IIA KSA aims to maintain its influence by sharing successful experiences internationally. The focus remains on developing professional expertise within the Kingdom while contributing to global discussions on internal auditing advancements.

With inputs from SPA