Raising awareness of the Internal Audit profession through the first ever ‘Audit Festival’
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Greetings!
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On behalf of the UAE Internal Audit Association’s Board of Governors, I take this opportunity to thank the facilitators, members, sponsors and all who participated in the Audit Festival which took place from 11th to 22nd December 2011. It was indeed a historic event which was made possible with the vision and pursuit of a goal. The Audit Festival took place under the patronage of H.H. Sheikh Maktoum Bin Mohammed Bin Rashid Al Maktoum, Deputy Ruler of Dubai, in line with the UAE’s 40th Anniversary and the IIA Global’s 70th Anniversary. |
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The festival commenced with the launch of the Arabic version of the Certified Internal Auditor (CIA) certification. After 10 months of dedication and hard work, the Steering Committee of the CIA Arabization was pleased to announce the launch of the long awaited Arabic CIA program. This was a joint effort of the Regional Chapters, namely Saudi Arabia, Qatar, Oman, Lebanon and Sudan. |
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The objectives of the Audit Festival which covered the sectors of Banking, IT, Oil & Gas, Government and Family Owned Businesses across the Emirates of Abu Dhabi, Dubai, Sharjah and Ras Al Khaimah are outlined below : |
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- Raising awareness about the Internal Audit function in both the private & public sectors
- To share best practices in the domain in various sectors on Internal Audit in the UAE
- Enhancing governance and transparency in government and private entities
- Motivating UAE nationals to join the field of the Internal Audit
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Whole days were dedicated for different Sectors in various Emirates encompassing sharing best practices in audit methodology and special projects emphasizing on industry specifics to meet their challenges. Candidates were awarded 4 CPE’s for each day’s attendance. |
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We were extremely pleased to welcome the following regional and global heads on the festival’s inaugural day, as their presence elevated the Festival to an even greater recognition : |
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- Yousef Al Mobarak, Saudi Arabia
- Naji Fayad, Lebanon
- Aisha Al Mawaly – Sultanate of Oman
- Hassan Al Mulla - Qatar
- Adla Al Tayeb, Sudan,
- Hisham Al Jundi, Egypt,
- Mohamed Naaima, Tunisia,
- Phil Tarling, Vice Chairman of the IIA Global
- Kevin Rafiq, Director of Institute Relations, IIA Global
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On the launch of the Audit Festival, presentations on Internal Audit were delivered simultaneously in 23 Colleges/Universities and High schools across various Emirates. We aim to further spread awareness and interest of the profession by covering more scholastic institutions by the second academic semester.
Last but not least, a charity event was organized, where IAA partners, sponsors, members and public were invited to football and golf tournaments in collaboration with Al Noor Center. The proceeds were gathered in a fund which was donated to the Centre which caters to children with special needs.
I would once again place on record my sincere appreciation of the efforts by all to make this event a success. |
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Abdulqader Obaid Ali |
President – UAE Internal Audit Association |
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