NATIONAL CONFERENCE 2023
THEME
Future-Ready Internal Auditors: Agile, Adaptable and Forward-Thinking
The “Future-Ready Internal Auditors” conference is designed to address the current challenges faced by internal auditors in Malaysia and equip them with the knowledge and skills required to embrace the future of their profession. The conference will consist of three key segments that will provide insights into the present state of internal auditing, explore the future landscape, and discuss strategies for becoming future-ready.
Segment 1: Taking Stock of the Present
• Rebranding the profession: Addressing the misconceptions and stereotypes associated with internal auditors and exploring ways to promote a positive image of the profession within organizations. Understanding the evolving expectations of stakeholders and exploring how internal auditors can become trusted advisors to senior management, adding value beyond traditional compliance-focused roles.
Segment 2: Envisioning the Future
• Harnessing the power of data and AI: Examining the impact of data analytics and artificial intelligence on the internal audit function and discussing how auditors can leverage these technologies to enhance their effectiveness.
Segment 3: Embracing Transformation
• Building future-ready skills: Identifying the key skills and competencies that internal auditors need to develop to thrive in navigating the current challenges such as Auditing ESG.
• Embracing agility: Exploring the role of agility in internal auditing and understanding how it enables auditors to adapt to rapidly changing business environments.
THE SPONSORS
GOLD SPONSOR
BRONZE SPONSOR
SUPPORTING BODIES
2023 IIAMNC – PROGRAMME OUTLINE
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8.00am Registration, Welcome Refreshments, Networking & Exhibition 9.00am Welcome Address by
Dominic Chegne President, IIA Malaysia9.10am Sponsorship Appreciation 9.25am Keynote Address by GOH:
“Future-Ready Internal Auditors: Agile, Adaptable and Forward Thinking”
9.40am Opening Gambit 9.50am Refreshments, Networking & Exhibition 10.15am Segment 1: Taking Stock of the Present
Session 1: Unveiling the Internal Audit Landscape: Paving the Path Forward
Summary:
• This presentation delves into the present state of the internal audit profession while charting a course for its future advancement.
• It tackles fundamental questions: “Where do we stand today?”
• and “How can we propel ourselves forward?”
• By examining the latest updates in the field, this presentation provides valuable insights into the dynamic landscape of internal auditing.
• It offers a comprehensive perspective on the profession’s current status and offers strategic guidance on navigating the path ahead.11.00am Special Segment: Latest Updates from The Institute of Internal Auditors Malaysia
11.15am Session 2: Envisaging Considerations and Empowering Internal Audit’s Role
Summary:
• This presentation thoroughly examines the crucial domain of board evaluation and incorporates Board Evaluation as a fundamental component alongside Governance and meeting the expectations of Audit Committees.
• It sheds light on imperative considerations while also highlighting the significant contribution of internal audit.
• Going beyond the customary emphasis on controls, this discourse aims to readjust auditors’ viewpoints to encompass a broader governance perspective. By delving into the ways in which board evaluations can act as a catalyst for this transformative realignment, the presentation introduces a paradigm that holds the potential to shift the focus of audit professionals towards governance matters.
• This presentation offers a compelling exploration of how board evaluation can not only trigger a change in focus but also provide internal audit with the means to assume a pivotal role in the wider
governance landscape.
• This integrated approach acknowledges the synergy between Board Evaluation, Governance, and the expectations set by the AC, amplifying the understanding of all stakeholders involved.Panellists:
Dato’ Aminudin Hashim Independent Non-Executive Director LBS, Bina Berhad Group and Olympia Industries Berhad12.00pm Segment 2: Envisioning the Future
Session 3: Spark of Transformation: Unleashing Agile Auditing’s Power on Modern Audit Practices – Case Studies by Maxis Berhad
Summary:
• This presentation is a dynamic exploration of the groundbreaking concept of Agile Auditing. In the ever-evolving landscape of audits, embracing agility has become paramount.
• This session ignites a conversation on how Agile methodologies can revolutionize traditional audit practices, enabling, adaptability, responsiveness, and enhanced outcomes.
• Attendees will uncover the principles, strategies, and real-world applications that fuel this transformation.
• By fusing the strengths of Agile methodology with audit practices, organizations can drive efficiency, collaboration, and innovation in their auditing processes.
• Join us to discover the potential that Agile Auditing holds in reshaping the future of audits.Speakers:
Shafik Azlee Mashar Chief Audit Executive, Maxis Berhad
Faizul Abdullah Head of Continuous Assurance Maxis Berhad1.00pm Lunch Break, Networking and Exhibition Viewing 2.15pm Session 4: Leveraging AI Chat GPT and Data Analytics in Internal Audit: Unveiling Best PracticesSummary:
• This presentation offers an insightful journey into the world of modern internal audit, where cutting-edge technologies such as AI Chat GPT and Data Analytics are transforming traditional approaches.
• Delving into practical applications, this discourse showcases the remarkable potential of these tools in enhancing audit efficacy and accuracy.
• By spotlighting best practices, attendees will gain a comprehensive understanding of how to seamlessly integrate AI Chat GPT and Data Analytics into their audit processes.
• This session serves as a guide to harnessing the power of technology to optimize internal audit practices, enabling professionals to achieve heightened insights and proficiency in their roles.Speaker:
Pang Sern Yong Founder of AIHQ | ChatGPT Expert3.15pm Segment 3: Embracing Transformation Through Best Practices
Session 5: Navigating ESG Auditing: A Definitive Guide to Best Practices for Internal Auditors
Summary:
• This presentation is a comprehensive journey through the intricate landscape of ESG (Environmental, Social, and Governance) auditing.
• As businesses embrace sustainability and responsible practices, internal auditors play a crucial role in ensuring transparency and compliance.
• This session unveils a definitive guide, equipping auditors with the tools and insights needed to navigate the complexities of ESG audits effectively. Attendees will gain an in-depth understanding of best practices, methodologies, and practical approaches to assess a company’s ESG performance.
• From environmental impact to social responsibility and governance standards, this presentation empowers auditors to contribute meaningfully to organizations’ ethical, sustainable, and accountable evolution.Moderator:
Mohd Khaidzir Shahari Chairman, Research and Technical Advisory Committee, IIA MalaysiaPanellists:
Suhailah Mohamed Abdulla Governor, IIA Malaysia
Lizah Abdul Wahab Chief Audit Executive, Group Internal Audit Department, TNB4.00pm Refreshments, Networking & Exhibition
4.30pm Session 6: Audit Unplugged: Harnessing Digital Synergy for Unprecedented Insights – Case Studies by Maxis Berhad
Speakers:
Shafik Azlee Mashar Chief Audit Executive, Maxis Berhad
Faizul Abdullah Head of Continuous Assurance Maxis Berhad5.30pm Networking Session – Special Presentation: Predict, Prevent, and Protect: Cultivating Positive Mental Health in Internal Audit
• Understanding what what is positive mental health and fitness (Resilience, Focus, Optimism, Curiosity, Connectedness)
• Quantifying the state of mental health so that we can take a predictive and preventive approach to maintain positive mental health
• Data on distribution of depression, anxiety and stress risks in the Malaysia workforce and early signs of burnout
• Why Risk Management and Internal Audit professionals have higher risks (the All-or Nothing/Black-and-White mindset)
• Building Resilience with the T.H.I.N.K. model (Take Control, Hopeful Outlook, Informed Actions to respond rather than react, Nurture yourself through mindfulness, exercise, sleep and nutrition) and Knowing your goalsSpeaker:
Azran Osman-Rani CEO and Co-Founder, Naluri5.30pm End of Conference