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FANR wins Global Internal Audit Excellence Award
FANR wins Global Internal Audit Excellence Award

Sharjah 24

time5 days ago

  • Business
  • Sharjah 24

FANR wins Global Internal Audit Excellence Award

Global acknowledgment for UAE's public sector This recognition places FANR among a select group of UAE organisations to gain international acclaim for leadership and innovation in internal auditing within the public sector. Award-winning collaboration with CNSC The award was granted to the International Internal Audit Collaboration Working Group (IIACWG)—a joint initiative formed in 2020 by FANR and the Canadian Nuclear Safety Commission (CNSC). The initiative promotes knowledge-sharing and best practices in nuclear regulatory auditing. Launch of a new global benchmark A major output of this collaboration was the white paper titled 'Auditing Inspection Process—Nuclear Regulator', unveiled at the IAEA General Conference in September 2024. The paper introduced a risk-based methodology and a framework of eight core elements to standardise nuclear facility audit inspections globally. FANR's key contributions FANR played a pivotal role in the project, integrating its Anti-Fraud Framework and Audit and Risk Methodology into the white paper. These contributions significantly strengthened the international exchange of internal audit practices. Statement from FANR leadership 'We are honoured to receive the IIA Excellence Award for Public Sector Leadership,' said Amna Faridoon, Chief Audit Executive at FANR. 'This award reflects our team's dedication and the success of our collaboration with CNSC. It highlights FANR's ongoing commitment to excellence, transparency, and continuous improvement across the UAE and globally.' Recognising public sector audit innovation The Public Sector Leadership category celebrates government audit entities that excel in accountability, innovation, and public trust. FANR's award underscores its pioneering role in advancing governance and internal audit standards. Global impact of the IIA Excellence Awards The 2025 IIA Excellence Awards attracted hundreds of nominations from across 45 countries, making FANR's achievement a distinguished honour on the global stage.

FANR wins Global Internal Audit Excellence Award
FANR wins Global Internal Audit Excellence Award

Al Etihad

time5 days ago

  • Business
  • Al Etihad

FANR wins Global Internal Audit Excellence Award

24 July 2025 17:31 ABU DHABI (ALETIHAD)The Federal Authority for Nuclear Regulation (FANR) has received the prestigious Global Institute of Internal Auditors Excellence Award from the Institute of Internal Auditors (IIA) under the Public Sector Leadership award was presented during the IIA's Global Internal Audit Conference held in Toronto, Canada, which brought together over 2,600 internal audit professionals from more than 120 countries. This recognition places FANR among the few organisations from the UAE to be internationally acknowledged for leadership and innovation in internal auditing within the public global recognition was awarded to the International Internal Audit Collaboration Working Group (IIACWG)—a joint initiative launched in 2020 by the FANR and the Canadian Nuclear Safety Commission (CNSC) to advance knowledge sharing and best practices in nuclear regulatory auditing.A major output of this collaboration was the 'Auditing Inspection Process—Nuclear Regulator' white paper, officially launched during the IAEA General Conference in September 2024. The white paper introduced a risk-based methodology and a structured framework of eight core elements to audit inspection processes at nuclear facilities, establishing a new global contributions to the working group were instrumental, including the integration of its Anti-Fraud Framework and Audit and Risk Methodology, which enriched the development of the white paper and enhanced the international exchange of internal audit practices.'We are honoured to receive the IIA Excellence Award for Public Sector Leadership—a reflection of our team's dedication and the strength of our collaboration with CNSC. This award underscores FANR's commitment to excellence, transparency, and continuous improvement, not only within our organisation but also in promoting high standards across the UAE's public sector and globally,' said Amna Faridoon, Chief Audit Executive at Public Sector Leadership category celebrates government audit teams or individuals who demonstrate outstanding commitment to public trust, innovation, accountability, and operational effectiveness. FANR's recognition is a testament to its pioneering efforts to enhance governance and raise the global standard of internal auditing. This year's IIA Excellence Awards selected winners from hundreds of nominations across 45 countries. Source: Aletihad - Abu Dhabi

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