Internal Audit – Combating business disruption through innovation

audit

The Institute of Internal Auditors (IIA) – Calcutta Chapter organized a two day (January 12th – 13th 2018) National Conference in Kolkata themed – “Internal Audit – Combating business disruption through innovation”

The conference started with a welcome note by Mr. Abhijit Bandyopadhyay, President, IIA Calcutta Chapter where-in he stated that in today’s business world disruption is inevitable, innovation is the only response.

Mr. Debashish Mitra, President, IIA India emphasized on collaborative approach taken by ICAI and IIA members leading to synergy for profession.

Mr. SubhashisNath, Senior Global Partner, Genpact Risk Consulting focused on innovation across – business, leaders, regulators, tech folks. With the advancement of technology, fraud risk in business has also enhanced manifold, it needs newer techniques and skill set for professionals to curb such risk

Mr. Denny Beran, Past Chairman, IIA Global said that today management, Board, other stakeholders need to know key risk in the business. He stated that one cannot continue to audit in analog way in the digital world thus will have to adopt newer methods and technology.

Chief Guest, Mr. J. Michael Peppers, Chairman, IIA Global addressed the delegates thanking IIA for the opportunity. He emphasized on auditor having a Purpose which would include protection and enhancing organization’s value. We need to help to educate and prepare the auditee and act as a catalyst to align business to its goals.

Mr. Abdulqader Obaid Ali,Director of Group Internal Audit and Business Excellence of Dubai World spoke about  Internal Auditors International Conference 2018  which would be held at the Dubai World Trade Centre from 6th – 9th May. The theme for the conference is: “Connecting the World through Innovation”.

IIA recognized exceptional contribution of following in the Internal Audit space:

For adopting the Agile technology:

  • Godrej Industries
  • BPCL

For innovation:

  • Wipro
  • Infosys

 

Mr. Nirupam Halder was awarded with Lifetime Achievement Award and Dr. Sanjay Chougule, ICICI Bank was awarded the Internal Auditor of the year.

 

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