The 27th Annual Southern African Internal Audit Hybrid Conference, themed “Audit Metaverse: Where Tradition Meets Tomorrow,” recently convened a panel of experts and practitioners from across the globe to deliberate on internal audit’s future. Hosted by the Institute of Internal Auditors South Africa (IIASA), this event was an ideal opportunity to share ideas and best practices in internal audit.
The participants at the conference were able to look back at the present state and consider the future of internal audit. The move to provide both live and online participation made the possibility to engage and make connections a reality for everybody.
Another focus of the conference was the alchemy of recent changes in the internal audit profession. Expert panelists and key figures within the industry discussed the ways in which internal auditors have approached and dealt with the challenges of the past years, underscoring the need for sustained resolve and creativity in the face of constant changes. The discussions were centered on the importance of internal auditors as the providers of the much-desired assurance and advice to organizations operating in an environment that has been described as having higher levels of risk and uncertainty.
The technological growth and advancement of techniques further require internal auditors to embrace new technologies and techniques for improved performance. Sessions that took place at the conference focused on the trends that are going to be decisive for the development of the profession, such as data analysis, artificial intelligence, and cybersecurity. Participants actively engaged in the discussions by learning the emerging ideas, technologies, and methods that are shaping the current and future practice of internal audit and advancing the careers of practitioners.
Cura Software is proud to announce our sponsorship and active participation, reaffirming our commitment to driving excellence and innovation in the realms of internal audit, risk management, governance, and compliance. With a focus on forward-thinking practices and trailblazing technologies, Cura Software exemplifies the spirit of leadership and advancement that defines the internal audit profession.
Attendees got a wonderful opportunity to elaborate on the approaches, create strategies, and learn new viewpoints on the challenges internal auditors experience at the moment. Due to the large assortment of the presented workshops, the event was useful for all the professionals without exception. Another area that was well executed and which was evident during the conference was the choice of keynote speakers, each of whom has years of experience and training in the field. Their contributions not only educated but also motivated attendees to push boundaries and drive positive change in their workplaces.
Overall, the 27th Annual Southern African Internal Audit Hybrid Conference was a success, which demonstrated the strength and flexibility of the internal audit profession in the context of challenges. The benefit of the conference was in presenting the state of the art in the field to allow attendees to learn from industry success and increase the use of valuable information and technologies that would improve knowledge and bring value to organizations.
As we look towards the future, the conference is a perfect example of how internal audit as a field should persist in developing new ideas, sharing knowledge, and growing. By staying informed and proactive, internal auditors can address the challenges posed by the complexity of the current business environment and support the success and sustainability of the organization.
