The forum, in its fifteenth edition, convened to discuss the role of boards of directors in managing internal audit activities in light of newly updated principles and standards for auditing governance functions. It also explored the role of audit activities in digital services and artificial intelligence, as well as the auditing of an institution’s culture and environment.
Given the rapid developments in the business environment, digital services, and artificial intelligence, along with institutions’ efforts to evolve their methods and techniques, it has become imperative for regulatory and professional bodies to update their systems, laws, and standards to keep pace with these changes. Consequently, the Institute of Internal Auditors (IIA) issued a new version of the standards in January 2024, necessitating that audit departments prepare for the Implementation of these standards and enhance their procedures and techniques accordingly, in alignment with best practices in areas such as IT auditing, corporate culture, and supply chains.
A series of workshops and practical experiences will be offered, focusing on the application of artificial intelligence in internal auditing and the auditing of social responsibility. The forum will also present proposals and solutions through discussion sessions that will review working papers presented by numerous experts practicing in the field of internal auditing