2018 International Conference Daily News

Get a Head Start on the Conference


This afternoon, five workshops will give attendees an early start on the 2018 International Conference. The sessions begin at 1:00 pm.

Robert Mainardi, president of Mainardi & Co. in Furlong, Pa., will present "Finding the First Domino — The Key to Root Cause." Mainardi will define root cause and review the process for identifying it. Considerations will include incorporating root cause identification into discussions with clients, increasing the value of implementing change, and creating options to validate the accuracy of identifying root causes.

Mainardi has 21 years of internal audit experience in the financial services industry, most recently as vice president of internal audit for Penn Mutual Life Insurance Co.

Interested in key performance indicators (KPIs) and Lean production? Ramin Alakbarov, technical audit consultant with ARAO in Azerbaijan, will lead a workshop on "Main Operational KPIs for Auditing Lean Production Systems." The session will focus on Lean systems in manufacturing and services environments and provide advice on how internal auditors can recognise the risks and provide assurance on Lean operations. Amongst the topics will be techniques for auditing Lean environments, and KPI metrics and strategies for auditing "leanliness."

Alakbarov is an internal audit consultant with a background in the energy, construction, and financial services industries.

Chief audit executives (CAEs) will be particularly interested in the workshop, "The Boundary Span's Influence on the Ethical Pathways of the CAE." Salem Al Fayi, an assistant professor at Najran University in Saudi Arabia, will discuss how CAE reporting relationships affect ethical choices. The session will address the advantages and disadvantages of CAEs' reporting relationships, factors that may affect a CAE's reporting decisions, and how the "boundary span" of knowledge and geography impact the CAE's ethical pathway in reporting relationships.

Also for CAEs is the Internal Auditor Leadership Forum hosted by Jim Pelletier, IIA vice president of Professional and Stakeholder Relations. Pelletier will lead a discussion on how internal audit can transform itself to address business disruptions. The session will provide specific strategies for transforming the internal audit function, including embracing agile methods, becoming innovators, managing audit talent, and getting board support.

Pelletier leads The IIA's advocacy initiatives and the Audit Executive Center, Financial Services Audit Center, American Center for Government Auditing, and Environmental, Health, and Safety Audit Center.

Attendees looking for a fast-paced workshop running the gamut of fraud, governance, and risk may be interested in "Internal Audit X-Factor: Success Stories." This workshop is actually several workshops in one, featuring 20-minute sessions that present case studies from organisations such as DP World, Dubai Aviation City Corp., Dubai Holding, Etisalat, GDRFA, Mashreq, and RTA. Topics include "Breaking the Fraud Circle," "Guest Auditor Programs," "Preventive Re-engineering Project Certificate Process," and "Audit's Sixth Sense."

And Sunday is only the start of a great conference. Be sure to join us Monday for two great general sessions.

The morning session will feature United Arab Emirates Minister of Economy His Excellency Sultan bin Saeed Al Mansoori and other panellists discussing global issues impacting business. The session will be moderated by CNN international business correspondent Richard Quest. In the afternoon, Claudia Olsson, CEO of Exponential AB, will give a presentation on "A Whole New World? Exponential Technology Development and Its Implications for Individuals, Organisations, and Society."

2019 International Conference

CIA Learning System