Balancing product sustainability against business profitability: Sustainability reporting practices and corporate governance by Dr. Hashem Stietiya

The commonly held view is that sustainable practices at the corporate level entail profit sacrifices, conflicting with the business strive of maximizing shareholder wealth. Sustainability is in fact about enhancing profitability as much as it is about environmental protection. Businesses need to adopt strategies for balancing tomorrow’s sustainability with today’s profitability by gearing up sustainability principles into the business model and adopting the triple-bottom-line approach. A sustainable mindset ensures benefit to the environment, society, and to the firm’s financial bottom line. Sustainability reporting functions by addressing those three components of economic, environmental, and social aspects of a businesses’ operations.

Audit, Risk and Compliance Committee (ARCC) Effectiveness by Madian Al-Hajji

The session will cover key fundamentals related to the ARCC role, composition, planning and evaluation in the most practical way by sharing real-life experience on what works and what does not.

Re-imagining Risk Management by Fady Sameh

Risk management has been put to the test extensively during the COVID era, which lead to a lot of learning opportunities eventually urging practitioners to relook in their risk management programs and whether they are equipped to face the ongoing disruptions and challenges. In our session we will tackle such learning opportunities and challenges faced, leading to reimagining risk management practices.

محمد حافظ by المواضيع الرئيسية بجدول أعمال لجان التدقيق لعام

“الهدف من الورشة هو مناقشة بيئة المخاطر المتغيرة وأهم الأولويات التي تواجه لجان التدقيق في بيئة الأعمال الحالية. كما سيتم مناقشة أفضل الممارسات الخاصة بالتركيز على بناء المرونة اللازمة لمواجهة التحديات الجديدة لمهنة التدقيق خلال عام 2022.

Adopt Agile Audit techniques – Advantages and Challenges by Abir Machaco

This session will mainly focus on how an agile internal audit approach can provide a timely internal audit service to the board (or equivalent governing body), audit committee and senior management. This can be achieved by leveraging agile project management techniques such as sprints to split the internal audit engagements into manageable parts, enabling internal auditors and stakeholders to collaboratively work together to stay timely and quickly deliver internal audit services.

The session will discuss the definition of agile auditing, components, supporting elements, challenges and risks. The session will expand to visualize the agile audit process while clearly showing how to maintain the compliance with the IIA standards and IPPF.

Building A Modern Audit Function: A Take-to-enterprise Road Map by Indumon Das

In this power-packed session, Indumon Das, the Founder and Managing Director of Beinex, will survey and lay out a 100% pragmatic road map on how to build an enterprise-wide modern audit function. It is rich with take-to-enterprise action points and steps that you can start covering from day one to kickstart your transformation journey.

The modern Audit function as envisaged has a modular but seamless architecture to alter and revolutionize the way functions are conceived, planned, and conducted. This arrangement presupposes a range of transformations beforehand in the current ecosystem constituted by a string of factors: People-Process-Technology-Data. Be it any revolution or evolution; it starts with People, they being the prime drivers and consumers of that change. And change management is the catchphrase when it comes to processes. But no change is effective or efficient unless the facilitating technological ecosystem is robust and ready. Above all, insights-to-action models are impossible to fructify without a healthy and corresponding data-driven architecture. Yes, the roadmap for accelerated transformation to a modern audit function is constituted by seamless, synchronous transformations in the People-Process-Technology-Data string.

Global and Middle East Cybersecurity Trends

3 main objectives of the session:

1. What’s changing in the cybersecurity world for Middle east and global organizations
2. Understanding the Top risks
3. Key Actions by IA teams to add value

 Internal Audit in 2031: Future proofing our profession

This session will explore what today’s Chief Audit Executives can do to prepare themselves to navigate a disruptive risk landscape over the next decade through 2031. During our session, we will explore various themes including:

Disruptive Decade Ahead: Speed of innovation, threat of substitute products and services and ease of entrance of new competitors

• People and Culture: Future of work and ability to attract and retain top talent
• Shift in longer term priorities: Concerns over the economy and resistance to change
• Effective use of Data Analytics

Jordan delivers an intriguing and educational blend of stories centering on his unique life experiences, balanced by invaluable, business-focused skills training. The REAL Wolf of Wall Street shares ways to mitigate emerging risk factors and how to use unforeseen challenges as an opportunity to take your business and life to the next level.

Jordan delivers an intriguing and educational blend of stories centering on his unique life experiences, balanced by invaluable, business-focused skills training. The REAL Wolf of Wall Street shares ways to mitigate emerging risk factors and how to use unforeseen challenges as an opportunity to take your business and life to the next level.

Jordan delivers an intriguing and educational blend of stories centering on his unique life experiences, balanced by invaluable, business-focused skills training. The REAL Wolf of Wall Street shares ways to mitigate emerging risk factors and how to use unforeseen challenges as an opportunity to take your business and life to the next level.

From black box AI algorithms to robotic process automation (RPA), the world of audit is changing like never before. With profound new technologies, it comes with greater responsibility but also the real concern of human displacement. How will you thrive and survive in the new world of AI and automation?

This particular session will show attendees a “behind the scenes look” at how hackers harvest as much information on you before launching a targeted attack.

At the end of this talk, the audience will be more alert as to what they’re posting online and how it can be used against them, as well as advice to improve their current set up.

A competency framework is a measurement tool for the skills, knowledge, and attributes of a particular job or position, which helps employees to perform their roles effectively and recognize qualified candidates for job applications. Furthermore, a competency framework helps your employees grow in their jobs and expand their skill sets, by articulating the skills level in each job in the organization, you’ll develop a competency framework that gives you a clear way to measure employees’ performance.

The pace of change in the Banking Industry has increased significantly, with new and unconventional players. You either adapt or be redundant. Not only the skillset, but also the approach and methodologies of Internal Audit functions should become much more flexible and adaptable to ensure staying relevant and continue to add value, beyond standard / minimum expectations.

TBA.

TBA.