Audit Conference To Focus On Digitisation Challenges

Dubai: Over 100 auditing professionals are expected to speak at the upcoming International Internal Audit Conference, highlighting issues such as corporate governance and the fourth industrial revolution.

The conference, taking place from May 6-9, will be held in Dubai, marking the first time it comes to the Middle East. More than 3,000 people are expected to attend.

The UAE’s Internal Auditors Association (IAA), which is organising the event, said the conference will focus on innovation and new technology such as Blockchain that impact auditors, as well as other challenges facing the internal audit sector.

Abdul Qader Obaid Ali, chairman of the UAE’s IAA, said there has been increased demand in the country for internal auditors following the implementation of excise tax and Value-Added Tax as companies try to comply with the new tax regime.

As a result, he said it was important to highlight the role of auditors and address challenges in the industry, as well as the future role of auditors considering increased automation.

The UAE’s Minister of Economy, Sultan Al Mansouri, is expected to attend the Audit Conference, alongside minister from Singapore and Europe. Also speaking at the conference will be Mohammad Al Abbar, chairman of Emaar Properties.