Finance Indaba 2016: Increase your understanding of internal audit with IIA SA
“In the current volatility, uncertainty and complexity, internal audit brings objective assurance to the finance professional who is constantly under pressure.” says Dr Claudelle von Eck, CEO of the Institute of Internal Auditors South Africa (IIA SA), a gold partner at the Finance Indaba Africa 2016 on 13 and 14 October 2016 at the Sandton Convention Centre in Johannesburg.
In the coming weeks and months, we will be chatting to all the Indaba partners, asking them why they are joining the event and what their most important message for finance professionals is.
Do you want to hear IIA SA explain the role of internal audit in strategic and imperative thinking? Do you want to be informed about the latest and greatest in finance? Then don't miss the Finance Indaba Africa 2016.
Why will you be present at the Finance Indaba?
"The Institute will participate in the activities of the Indaba. Although internal audit is not primarily a financial discipline, finance professionals are a key stakeholder of internal audit. Being present at the Indaba gives the Institute the opportunity to engage with finance professionals with the objective of educating them on the role, mandate and value of internal audit."
What will you be talking about?
"We will be focusing on internal audit as a strategic imperative, as well as the role of internal audit in integrated thinking."
What are the challenges you can help finance professionals/firms with in 2016?
"Internal audit provides assurance and best practice advice to the finance function, among others, in the organisation. Finance professionals should see internal audit as a partner in their quest to instil financial discipline in the organisation. As a risk-based discipline, internal audit is able to advise on the areas where the organisation is exposed, but also on the opportunities that may be wasted."
"In the current volatility, uncertainty and complexity, internal audit brings objective assurance to the finance professional who is constantly under pressure."
How has membership of IIA SA grown over the years?
"The Institute currently stands at 8 200 members strong, up from 5 260 eight years ago. This is primarily as a result of a concerted effort from the Institute to professionalise internal audit. Membership is voluntary, which makes recruitment a tough challenge. Unlike professional bodies, where legislation mandates membership, the IIA SA continually has to prove its value."
What is ethics intelligence?
"Ethics intelligence speaks to the individual's ability to recognise ethical implications in decisions and situations and respond appropriately. It also speaks to the ability to recognise ethical dilemmas and being able to find the best means to deal with such a dilemma, i.e. finding a solution that would have the least adverse impact."