Monday, September 21, 2020

Internal Auditors conference to equip professionals with skills

In a bid to continuously train professionals in Internal Auditing sector, the Institute of Internal Auditors Botswana (IIA Botswana) will gather professionals for a conference aimed at uplifting their skills.

Boemo Maboane, the Publicity Chairman of IIA Botswana told Sunday Standard this week that the conference is a training event for the professionals and skills enhancement with latest developments.

“We have realised that organisations are lacking in terms of advisory roles,” explained Maboane.

“(Therefore) we need to continuously develop or train the professionals in order to be up to date with current challenges,” he added.

Internal Auditors play advisory roles in the organisations. This field is a multi disciplinary in that it deals with review of systems and controls of the organisations in order to assist organisations reach objectives.

The current challenges are lack of expertise in areas such as fraud, human resources, IT and governance amongst others.

“We are not just bringing Internal Auditors (IA) to the conference, but also Hr personnel, IT staff, Chief Executive Officers and law enforcement officers,” said Maboane, who is an IA at Botswana International University of Science and Technology (BIUST).

Maboane added that in order to avoid being struck off the register, IAs should have a Continuous Professional Development or CPD.

“This is why organisations should bring their staff to the trainings and sessions hosted by IIA Botswana,” he added.

The trainings are said to be globally recognised because the presenters are fully qualified and affiliate to the global body of the profession in the U.S called IIA Global.

Maboane pointed out that currently some of the challenges they face are that Chief Executive Officers do not fully utilise the services of Internal Auditing and subsequently, there is occurrence of fraud and lack of compliance with laid down procedures and regulation.

The conference is expected to be attended by Chief Audit Executives, HR Practinoners, Finance and Accountants, IT Personnel, Supplies, Law Enforcement Officers and Non Executive Directors (Board and Audit Committee members).

The speakers will include Phil Tarling, IIA Global Board Vice Chairman, a representative of CQS Technology Holdings, who will speak on Information Technology Auditing, a representative of PriceWaterHouseCoopers, who will talk on Contemporary Auditing in Today’s Business Changing Environment.

Other speakers will be Veronica du Preez from African Federation of Institutes of Internal Auditors (AFIIA), who will speak on How Internal Audit, can help mitigate Fraud and Corruption.

Igbal Batty of KPMG will speak on the topic The Financial Crisis, where were the Internal Auditors? What is the role of IA in Risk Management?

The other speakers are Jafar Sayed of K-SAP Total Solutions, Ndeke Ndeke from UB, Kaelo Mokomo from Association of Certified Fraud Examiners, a representative of Botswana Police Service.

Others will be from Ernst & Young, Delloite, I-Value, Heart Foundation. It will be followed by a dinner which will be graced by Vice President Mompati Merafhe.

Between 200 and 300 delegates are expected at the conference that will be held at the GICC on May 6-7. It is sponsored by CQS Technology Holdings, PriceWaterHouseCooper, Delloite, KPMG and Grand Palm.

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Sunday Standard September 20 – 26

Digital copy of Sunday Standard issue of September 20 - 26, 2020.