Pre-Conference Master Class – Tuesday, May 16, 2023

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07:30 - 09:00

Registration

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09:00 - 16:00

Master Class

Assessing Fraud Evidence – Advanced Skills for Auditors

Trainer: Ian Ross

Overview

This enhanced program is designed to support the internal auditor in these challenging business times.  We will focus on investigating and reporting emerging risks of fraud and how auditors need to gain clinical skills in distinguishing evidence of fraud from information.

We advance beyond ‘red flags’ and probe into evidence and the approach of the perpetrator,

This innovative workshop will provide skills and method to bolster the auditor’s skill-set.

Objectives

By the end of the programme, participants will be able to:

  • Demonstrate adaptability of internal auditing practices in terms of fraud
  • Briskly evaluate an audit to ‘flush out’ fraud
  • Understand and reason why the term ‘white-collar crime’ is out of date 
  • Understand the metrics of fraudulent misstatements, and handling a range of evidential fraud types and issues
  • Apply excellent forensic evidential prioritizing skills
  • Keep up with different business models and fraud evidence aligned with it
  • Understand fraud techniques with crypto currency
  • Apply quality case management
  • Reconcile internal controls with investigations and audit policy

    Programme Outline: Sessions

    • FRAUD: key concepts, an essential review,
    • Analysing the investigative challenges in Internal Audit
    • The ‘journey’ from Information to Evidence
    • Essential profiling of the corporate fraudster
    • Audit trail evidence v inference-based evidence
    • The Discovery of fraud. How to react and when
    • Case Studies and Interaction,

      Training Style

      The course takes a thorough and practical delivery approach.  We will use presentations, skills, interactive group activities, multi-directional discussions and case studies which differ in involvement and complexity.

      End of Pre-Conference Workshop

      Day 1 – Wednesday, May 17, 2023

      }

      07:30 - 09:00

      Lobby/Exhibition Area

      Registration & Welcome Breakfast

      Welcome to the 9th CAE 3D Virtual Conference. Kindly register and mark your attendance. Browse through the 3D virtual platform.

      }

      09:00 - 09:10

      Sheikh Rashid CDF HALL

      Welcome Speech

      Abdulqader Obaid Ali, Chairman of the UAE IAA Board

      Abdulqader Obaid Ali, Chairman of the Board of UAE IAA will formally welcome the dignitaries, speakers, delegates and guests to the event.

      }

      09:10 - 10:10

      Sheikh Rashid CDF HALL

      “Leveraging Risk to Elevate Your Business and Life”

      Jordan Belfort, The Real Wolf of Wall Street, American author, motivational speaker, and former stockbroker

      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.

      }

      10:10 - 11:00

      Sheikh Rashid CDF HALL

      “Continuation and Innovation – A Challenge to evolve Internal Audit in a strongly regulated environment”

      Henrick Stein, Former President of ECIIA – European Confederation of the Institutes of Internal Auditing

      Chief Audit Executive, Hamburg Commercial Bank

      Since 2013, the large and largest credit institutions in Europe have been under the uniform banking supervision of the European Central Bank (ECB). Through their rules and supervisory practice, the supervisory authority determines the activities of internal auditing to a significant extent. On the other hand, Internal Audit, as an ‘internal management tool’ in best sense of the words, represents an essential element of internal corporate governance. Internal audit is called upon to make visible contributions to the success of the company in an efficient, pro-active and risk-oriented manner. It is compulsory but challenging, to manage the existing set-up, especially since further stakeholders have, from their point of view, comprehensible demands and expectations on the activities of Internal Audit.

      The presentation provides an overview of the current area of (potential) tension, combined with the opportunities and possibilities for the further operational development of the internal audit function under the given framework.

      }

      11:00 - 11:40

      Sheikh Rashid ABE HALL

      Networking Break

      }

      11:40 - 12:30

      Track Rooms

      Concurrent Tracks

      The importance of ESG for businesses and governments across the globe is undoubtedly on the rise. Increased focus driven by regulators and investors is demanding organizations to assess their well-being not only against financial metrics but also to reflect their Environmental, Social and Governance commitments. On top of that, businesses are under pressure to make public their dedication to Sustainability and ESG related strategies while ensuring the metrics they hold themselves against are suitably accurate. However, with little categorical guidance on what could still be considered an immature space of reporting, top business executives are struggling to accept the concept all together. In this session, we will review the basics of ESG Reporting, further highlighting recent regional regulations alongside the associated key challenges facing organisations. More importantly, we will shed light on the role Chief Audit Executives have on this in order to support management with giving advice and driving assurance on ESG matters.

      Sheikh Rashid CDF Hall

      Cracking the Code: ESG and Climate Risk

      by KPMG

      • Fadi Al Shihabi
      • Siddharth Behal

      The importance of ESG for businesses and governments across the globe is undoubtedly on the rise. Increased focus driven by regulators and investors is demanding organizations to assess their well-being not only against financial metrics but also to reflect their Environmental, Social and Governance commitments. On top of that, businesses are under pressure to make public their dedication to Sustainability and ESG related strategies while ensuring the metrics they hold themselves against are suitably accurate. However, with little categorical guidance on what could still be considered an immature space of reporting, top business executives are struggling to accept the concept all together. In this session, we will review the basics of ESG Reporting, further highlighting recent regional regulations alongside the associated key challenges facing organisations. More importantly, we will shed light on the role Chief Audit Executives have on this in order to support management with giving advice and driving assurance on ESG matters.

      Sheikh Maktoum A

      The corporate journey towards circular business models: Sustainable growth for people, planet, and profit

      by Beeah

      • Dr. Hashem Stietiya

      TBA

      Sheikh Maktoum B

      Global and Middle East Cybersecurity Trends

      by Protiviti

      • Niraj Mathur

      TBA

      Sheikh Maktoum C

      Overview of the rapidly developing data privacy landscape in the Middle East

      by PwC

      • Phil Mennie
      • Dabeer Rasul

      TBA

      Sheikh Maktoum D

      How can an audit management system be automated effectively? 

      by Diligent and ZeeDimension

      • Elias Hanna
      }

      12:30 - 13:40

      Prayer & Lunch Break

      Exhibition Area – Sheikh Rashid ABE Hall

       

      Special Invitation (Sponsors and LPIA Ceremony)

      Bubble Lounge, 1st floor

      }

      13:40 - 14:30

      Track Rooms

      Concurrent Tracks

      The importance of ESG for businesses and governments across the globe is undoubtedly on the rise. Increased focus driven by regulators and investors is demanding organizations to assess their well-being not only against financial metrics but also to reflect their Environmental, Social and Governance commitments. On top of that, businesses are under pressure to make public their dedication to Sustainability and ESG related strategies while ensuring the metrics they hold themselves against are suitably accurate. However, with little categorical guidance on what could still be considered an immature space of reporting, top business executives are struggling to accept the concept all together. In this session, we will review the basics of ESG Reporting, further highlighting recent regional regulations alongside the associated key challenges facing organisations. More importantly, we will shed light on the role Chief Audit Executives have on this in order to support management with giving advice and driving assurance on ESG matters.

      Sheikh Rashid CDF Hall

      Is Internal Audit a Dying Practice

      by ANB

      • Anil Bhandari

      The importance of ESG for businesses and governments across the globe is undoubtedly on the rise. Increased focus driven by regulators and investors is demanding organizations to assess their well-being not only against financial metrics but also to reflect their Environmental, Social and Governance commitments. On top of that, businesses are under pressure to make public their dedication to Sustainability and ESG related strategies while ensuring the metrics they hold themselves against are suitably accurate. However, with little categorical guidance on what could still be considered an immature space of reporting, top business executives are struggling to accept the concept all together. In this session, we will review the basics of ESG Reporting, further highlighting recent regional regulations alongside the associated key challenges facing organisations. More importantly, we will shed light on the role Chief Audit Executives have on this in order to support management with giving advice and driving assurance on ESG matters.

      Sheikh Maktoum A

      Future Audit: Now!

      by  Dubai Islamic Bank

      • Volkan Pekince

      The importance of ESG for businesses and governments across the globe is undoubtedly on the rise. Increased focus driven by regulators and investors is demanding organizations to assess their well-being not only against financial metrics but also to reflect their Environmental, Social and Governance commitments. On top of that, businesses are under pressure to make public their dedication to Sustainability and ESG related strategies while ensuring the metrics they hold themselves against are suitably accurate. However, with little categorical guidance on what could still be considered an immature space of reporting, top business executives are struggling to accept the concept all together. In this session, we will review the basics of ESG Reporting, further highlighting recent regional regulations alongside the associated key challenges facing organisations. More importantly, we will shed light on the role Chief Audit Executives have on this in order to support management with giving advice and driving assurance on ESG matters.

      Sheikh Maktoum B

      تطبيق نظم المحاسبة القضائية في مكافحة الاحتيال

      by

      نقيب محمد عيسى المري

      أحمد الجناحي

      محادثة و مداخلة نقاشية

      Sheikh Maktoum C

      ESG and the Role of Internal Audit

      by RSM Kuwait

      • Rami Wadie

      The importance of ESG for businesses and governments across the globe is undoubtedly on the rise. Increased focus driven by regulators and investors is demanding organizations to assess their well-being not only against financial metrics but also to reflect their Environmental, Social and Governance commitments. On top of that, businesses are under pressure to make public their dedication to Sustainability and ESG related strategies while ensuring the metrics they hold themselves against are suitably accurate. However, with little categorical guidance on what could still be considered an immature space of reporting, top business executives are struggling to accept the concept all together. In this session, we will review the basics of ESG Reporting, further highlighting recent regional regulations alongside the associated key challenges facing organisations. More importantly, we will shed light on the role Chief Audit Executives have on this in order to support management with giving advice and driving assurance on ESG matters.

      Sheikh Maktoum D

      Innovative technology in Financial Supervision (SUPTECH) – Regulatory Technology (REGTECH)

      by Palmira Software House

      • Jamal Almahamid

      As a subset of Financial Technology (FinTech), Supervisory Technology (SupTech) uses innovative technology to enable supervisor authority to digitise reporting and regulatory processes. Offering more efficient and proactive monitoring of risk and
      compliance at financial institutions.
      SupTech refers to technology adopted by regulators to support supervisory activities.

      On the other hand, RegTech refer to technology deployed by banks and insurance entities to support their regulatory compliance and focusing on achieving higher efficiency and effectiveness that facilitate their compliance and regulatory requirements.

      }

      14:30 - 15:30

      Sheikh Rashid CDF HALL

      “Insider Secrets to HOW hackers are getting in, and WHY”

      By Terry Cutler – CEO –Cyology Labs, Canada and Ethical Hacker

      TBA

      }

      15:30 - 16:20

      Sheikh Rashid CDF HALL

      “The Future of the Remote Work in the Government Sector”

      By Dr. Saeed Al Dhaheri – Author, Thought leader, Lecturer, Public Speaker

      End of Day 1

      We hope you had a wonderful first day at the conference and look forward to your presence tomorrow. Thank you and have a great evening.

      Day 2 – Thursday, May 18, 2023

      }

      08:00 - 09:00

      Lobby / Exhibition Area

      Networking & Welcome Breakfast

      }

      09:00 - 09:10

      Sheikh Rashid CDF Hall

      Welcome Speech: UAE Internal Auditors Association; and

      External Quality Assessment Recognition

      }

      09:10 - 10:10

      Sheikh Rashid CDF HALL

      Panel Discussion: Digital, cyber security, and resilience trends

      Panel Members

      • Ayesha Bin Lootah, Director – Internal Audit, Department of Economy and Tourism
      • Amer Sharaf, Senior Director of Cooperation and Compliance – Department at the Dubai Electronic Security Center
      • Marc Chamoun, Executive Partner, Gartner

      Moderated by

      • Hala Bou Alwan, Entrepreneur, Financial Crimes Expert & Trainer, TV Presenter, MC and Moderator

      Bee’ah, the Middle East’s sustainability pioneer, is introducing sustainable initiatives across industries, driving zero-waste targets and supporting wider environmental agendas in the region. Drawing from successful strategies and projects at Bee’ah, Group CEO Khaled Al Huraimel will share insights on how companies can support a circular economy, while optimising operations and minimising ecological impact.

       

      Bee’ah has businesses in Waste Management, Clean Energy, Environmental Consulting, Technology, Sustainable Transportation, and Training & Development. Drawing from his experience in these sectors, Khaled will also highlight how digital enablement is key to successful sustainability initiatives, driving better financial and ecological outcomes.

      }

      10:10 - 11:10

      Sheikh Rashid CDF HALL

      Tech Talk: Reimagining Digitalization of the Information Security World

      Panel Members

      • Alaa Elshimy, Managing Director & Senior Vice President, Huawei Enterprise Business Group, Middle East
      • Bashar Kilani, Managing Director, Accenture
      • Olivier Crespin, Co-Founder & CEO, Zand

      Moderated by

      • Abdulaziz Almutawa, Advisor to H.E. The President of GCA, KSA

      Bee’ah, the Middle East’s sustainability pioneer, is introducing sustainable initiatives across industries, driving zero-waste targets and supporting wider environmental agendas in the region. Drawing from successful strategies and projects at Bee’ah, Group CEO Khaled Al Huraimel will share insights on how companies can support a circular economy, while optimising operations and minimising ecological impact.

       

      Bee’ah has businesses in Waste Management, Clean Energy, Environmental Consulting, Technology, Sustainable Transportation, and Training & Development. Drawing from his experience in these sectors, Khaled will also highlight how digital enablement is key to successful sustainability initiatives, driving better financial and ecological outcomes.

      }

      11:10 - 11:40

      Exhibition Area - Sheikh Rashid ABE Hall

      Networking Break

      Exhibition Area – Sheikh Rashid ABE Hall

      }

      11:40 - 12:30

      Track Rooms

      Concurrent Tracks

      The importance of ESG for businesses and governments across the globe is undoubtedly on the rise. Increased focus driven by regulators and investors is demanding organizations to assess their well-being not only against financial metrics but also to reflect their Environmental, Social and Governance commitments. On top of that, businesses are under pressure to make public their dedication to Sustainability and ESG related strategies while ensuring the metrics they hold themselves against are suitably accurate. However, with little categorical guidance on what could still be considered an immature space of reporting, top business executives are struggling to accept the concept all together. In this session, we will review the basics of ESG Reporting, further highlighting recent regional regulations alongside the associated key challenges facing organisations. More importantly, we will shed light on the role Chief Audit Executives have on this in order to support management with giving advice and driving assurance on ESG matters.

      Sheikh Maktoum A

      The Role of Internal Audit in delivering strong Operational Resilience

      by Empowered Systems

      • Maurits Le Poole

      TBA

      Sheikh Maktoum B

      Real-time Assurance: Riding the Next Techno-Intelligence Wave

      by Beinex

      • Indumon Das

      Indumon Das, the Founder and Managing Director of Beinex, in the session, will showcase, the dawn of the new age of Real-time Assurance. The trio of Natural Language Processing (NLP), Natural Language Generation (NLG) and Advanced Analytics (AA) will drive this age with data for fuel. Now we have the power to carry out Continuous Audit and Continuous Controls Monitoring with near-zero latency. The data generated could be visualised, analysed and interpreted for insights-to-action for Assurance. The newest paradigm will be outlined in this session.

      Sheikh Maktoum C

      How Organizational Leadership can bring the Downfall of Internal Audit

      by Ex- Vice Chair of the Institute of Internal Auditors’ Board of Directors

      Michael Fusilli

      The importance of ESG for businesses and governments across the globe is undoubtedly on the rise. Increased focus driven by regulators and investors is demanding organizations to assess their well-being not only against financial metrics but also to reflect their Environmental, Social and Governance commitments. On top of that, businesses are under pressure to make public their dedication to Sustainability and ESG related strategies while ensuring the metrics they hold themselves against are suitably accurate. However, with little categorical guidance on what could still be considered an immature space of reporting, top business executives are struggling to accept the concept all together. In this session, we will review the basics of ESG Reporting, further highlighting recent regional regulations alongside the associated key challenges facing organisations. More importantly, we will shed light on the role Chief Audit Executives have on this in order to support management with giving advice and driving assurance on ESG matters.

      Sheikh Maktoum D

      Audit, Risk and Compliance Committee (ARCC) Effectiveness

      by Mubadala Investment Company

      • Madian Al-Hajji

      The importance of ESG for businesses and governments across the globe is undoubtedly on the rise. Increased focus driven by regulators and investors is demanding organizations to assess their well-being not only against financial metrics but also to reflect their Environmental, Social and Governance commitments. On top of that, businesses are under pressure to make public their dedication to Sustainability and ESG related strategies while ensuring the metrics they hold themselves against are suitably accurate. However, with little categorical guidance on what could still be considered an immature space of reporting, top business executives are struggling to accept the concept all together. In this session, we will review the basics of ESG Reporting, further highlighting recent regional regulations alongside the associated key challenges facing organisations. More importantly, we will shed light on the role Chief Audit Executives have on this in order to support management with giving advice and driving assurance on ESG matters.

      }

      12:30 - 13:30

      Lobby / Exhibition Area

      Prayer & Lunch Break

      Exhibition Area – Sheikh Rashid ABE Hall

      }

      13:30 - 14:10

      Sheikh Rashid CDF HALL

      “Building a Successful Competency Framework for Auditors”

      By Dr. Seita Almandeel, President’s Consultant- General Court of Audit – Head of internal audit department in GCA – KSA

      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.

      }

      14:10 - 15:10

      Sheikh Rashid CDF HALL

      “Auditing the new world of AI & automation… and your place in it.”

      By Scott Amyx, Managing Partner – Astor Perkins

      Emerging trends in supply chain finance talks about

      1. How large organizations are using their supply chains to tightly manage their working capital.
      2. How buyers, suppliers, lenders are benefitting from new trends in technology for SCF by connecting to the trade networks for collaboration and competition
      3. The role federal trade credit insurance providers are playing to ensure SMEs are getting funded to remain in business given the pandemic. The role of governments to boost SME financing.
      4. SCF model for Open account trades
      5. How FinTechs are enabling supply chain financing in the pandemic situation to create a larger pool of suppliers and offering a wider array of financing options
      6. Risks and controls to consider while ensuring a robust supply chain financing program

      3 main objectives for the session

      1. Understand the importance of supply chain financing in managing working capital given pandemic
      2. Understand the emerging trends in supply chain financing – role of TCI providers, lenders, fintechs in supply chain financing
      3. Understand the Risks and controls to consider while ensuring a robust supply chain financing program
      }

      15:10 - 16:00

      Sheikh Rashid CDF HALL

      Sofia the Humanoid Robot in discussion with Abdulqader Obaid Ali

      on

      “The Future of Artificial Intelligence in the field of Internal Audit Profession.”

      A brief about the session

      Will look into the developments and progress of Fintech in MENA, which sectors are gaining momentum, where are opportunities for FinTech’s and what is the future outlook for Fintech sector and its relationship with banks

      Challenges and 3 main objectives about the session

      1. Regional Fintech developments
      2. Opportunities for the sector
      3. Challenges facing fintech companies and how to overcome these challenges
      }

      16:00

      Sheikh Rashid CDF HALL

      Vote of Thanks

      Topic Brief

      Internal auditors are navigating a new landscape – How to capitalise on the potential of innovation to respond to the changes in technology and the business environment. This new landscape asks for internal auditors to have an agile internal audit response.

       

      Objectives of Session:

       

      1. Know the various concepts in the innovation space
      2. Understand the anatomy of an effective innovation strategy
      3. Learn to manoeuvre the risks of innovation towards required outcomes

      End of Conference

      We hope that you had a very productive conference and enjoyed the sessions presented. We look forward to hearing from you and request you to please submit your feedback via the survey forms which are available on the UAE IAA Events app. Thank you once again for your presence.