Latest news with #InternalAudit
Arab News
03-08-2025
- Business
- Arab News
ECOVIS Al Sabti Saudi Arabia hosts landmark event on Digital Transformation in Internal Audit and Enterprise Risk Management
Saad Saleh Al Sabti and Partners Co. Chartered Accountants and Auditors, ECOVIS Saudi Arabia (ECOVIS Al Sabti), in collaboration with TransVare® Corporation, hosted a high-impact event focused on 'Digital Transformation in Internal Audit and Enterprise Risk Management Functions.' The event brought together over a hundred industry leaders, decision-makers, and professionals from diverse sectors, all keen to explore how digital innovation is transforming the risk and audit landscape. The event commenced with a warm welcome address by Khaled Saad Al-Sabti, Managing Partner at ECOVIS Al-Sabti. He underscored the growing importance of digitalization in enhancing the effectiveness, agility, and value of internal audit and risk management functions. Khaled Saad Al-Sabti highlighted that in an era marked by rapid technological advancements, organizations must adapt to remain competitive and resilient. A key highlight of the event was the keynote speech by Norman Marks, a globally renowned authority in risk management, internal audit, and corporate governance. His forward-looking insights offered a compelling vision of how organizations can modernize their governance, risk, and control frameworks in today's fast-evolving environment. The event concluded with live demonstrations of ECOVIS Al-Sabti and TransVare Corporation's cutting-edge digital tools. These innovative solutions reflect the joint commitment of ECOVIS Al Sabti and TransVare Corporation USA to empower organizations through technology-driven governance, risk, and compliance strategies. Muhammad Ghazali, Managing Director at ECOVIS Al Sabti, emphasized the importance of digitally transforming the Compliance function through competitive and user-friendly solutions available with local support in Saudi Arabia. He also expressed his sincere gratitude to all participants for their presence, active engagement, and valuable contributions, which collectively ensured the event's resounding success.
Yahoo
07-07-2025
- Business
- Yahoo
Monahans names Joel Haft as head of Internal Audit
South West-based accountancy firm Monahans has revealed the appointment of Joel Haft as head of Internal Audit at its Swindon office in England. This move marks the launch of the firm's new Internal Audit service line, a significant addition to Monahans' advisory services. Haft brings his expertise from SS&C Financial Services, where he was stated to be instrumental in enhancing internal control frameworks and providing valuable assurance. His experience spans working with boards, audit committees, and regulators, particularly within the financial services, fintech, and blockchain industries. Joel said: 'I'm really looking forward to getting started. Monahans has big ambitions for its advisory services, and building an agile Internal Audit function is a great challenge to take on.' 'There's a real opportunity here to build a service line that helps organisations strengthen their governance, meet regulatory expectations and confidently manage challenges.' Haft's contribution to the audit sector includes thought leadership, particularly on the role of internal audit in the context of cryptocurrency and digital assets. The new Internal Audit service line at Monahans is designed to offer clients practical support in managing risks, improving controls, and navigating the complexities of evolving regulations. Monahans managing partner Simon Tombs said: 'Joel is a fantastic addition to the team. His experience, passion and point of view are exactly what we need as we grow this part of the business. We're thrilled to have him on board.' Earlier in the month, Monahans welcomed Simon Cunningham as an audit partner, effective from 1 July 2025. Cunningham, who has more than two decades of experience in audit and advisory, joined the firm in November 2024 following Monahans' acquisition of Moore South West. "Monahans names Joel Haft as head of Internal Audit" was originally created and published by International Accounting Bulletin, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Zawya
30-06-2025
- Business
- Zawya
The West African Development Bank (BOAD) achieves French Institute of Audit and Internal Control (IFACI) Professional Certification for Internal Audit — A first among Multilateral Development Banks
The West African Development Bank (BOAD) ( has achieved a major milestone in strengthening its governance by securing professional certification for its Internal Audit function from the French Institute of Audit and Internal Control (IFACI). This certification, formalized under Certificate No. IFACI/2025/0227r, issued on February 27, 2025 and valid through February 28, 2028, attests to the organizational maturity of BOAD's Internal Audit function and its ability to deliver tangible value to the Bank's overall performance and governance. It also reinforces BOAD's credibility with its technical and financial partners by demonstrating the Bank's commitment to upholding the highest international standards. With this achievement, BOAD becomes the first Multilateral Development Bank to receive this international certification, underscoring its leadership in adopting international best practices in internal audit. Mr. Serge Ekue, President of BOAD, welcomed this accomplishment and extended his congratulations to the Internal Audit team and all Bank staff for their dedication and professionalism. He reaffirmed the institution's commitment to its core values: integrity, agility, collaboration, social responsibility, excellence, and professionalism. 'Securing this quality certification is a key milestone in the maturity of our Internal Audit function and its ability to act as a true driver of added value for the Bank's governance and overall performance,' declared Mr. Ekue. This achievement is fully aligned with the objectives of BOAD's Strategic Plan DJOLIBA, which seeks to position the Bank as a leading institution in sustainable development across West Africa. Distributed by APO Group on behalf of Banque Ouest Africaine de Développement (BOAD).
Yahoo
19-06-2025
- Business
- Yahoo
Miller Kaplan adds new partner to lead risk advisory practice
Miller Kaplan, a US-based public accounting firm, has announced the appointment of Steven Gin as a new partner in its Los Angeles office. Gin has more than 20 years of experience in public accounting. He will spearhead the launch of the firm's Risk Advisory practice, expanding its service offerings to address client needs, the accounting firm said in a statement. Gin's career began in financial statement auditing before transitioning to IT auditing. Over the past decade, he has focused on risk advisory, assisting clients with Sarbanes-Oxley (SOX) compliance, internal audits, and the design and testing of business processes and IT controls. Gin said: 'I'm thrilled to join the firm at such a pivotal time and to help bring new solutions that not only strengthen our service offerings but also create meaningful value for our clients. 'This is an exciting opportunity to build something impactful together.' The new Risk Advisory practice under his leadership will provide services such as SOX compliance, internal audit, board governance, enterprise risk management, and staff augmentation. Miller Kaplan managing partner Michael Kaplan said: 'Steven's arrival marks an exciting new chapter for Miller Kaplan. 'His experience and leadership will be invaluable as we continue to expand our capabilities and help our clients manage risk in increasingly complex business environments.' Founded in 1941, Miller Kaplan offers audit, accounting, tax, business management, information security, licensing and royalties, industry metrics, and consulting services to individuals, businesses, fiduciaries, and tax-exempt organisations. "Miller Kaplan adds new partner to lead risk advisory practice" was originally created and published by International Accounting Bulletin, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Times of Oman
26-05-2025
- Business
- Times of Oman
OQ Group hosts Internal Audit Forum
Muscat: OQ, the global energy investment group, hosts the Internal Audit Forum in collaboration with the Institute of Internal Auditors Oman and KPMG. The two-day event, held under the auspices of Sheikh Ghosn Hilal Al Alawi, Chairman of the State Audit Institution (SAI), welcomed over 300 internal audit professionals from the public and private sectors. In his remarks, Abdulrahman Ahmad Al Harthy, Chief Internal Audit Officer at OQ Group, stated: 'Hosting this forum reflects OQ's commitment to strengthening effective audit practices and contributing to developing transparent, accountable, and well-governed institutions. We consider internal audit a central pillar for organisational empowerment and decision-making.' The forum coincided with International Internal Audit Awareness Month and convened experts from around the world to explore the evolving role of internal audit as a strategic business partner. Discussions addressed a wide spectrum of themes, including the digital audit revolution, emerging geopolitical risks, ESG considerations, cybersecurity, and integrated assurance models. The agenda was designed to equip internal auditors with the tools and insight needed to elevate performance, build trust, and drive organisational resilience. 'At OQ, we celebrate International Internal Audit Month with impactful initiatives and knowledge-sharing platforms, investing in national talent and exchanging expertise with global peers to uphold best practices in control, compliance, and risk management,' Al Harthy added. Forum sessions examined global audit trends, regulatory shifts in Oman, and the future of internal audit excellence, underscoring its role in advancing sustainable governance models aligned with Oman's national strategies. Delegates explored how internal audit can add strategic value across organisations through greater integration, innovation, and agility. The forum was attended by more than 300 internal auditors from various public and private sector organisations. Also in attendance were members of the Board of the Institute of Internal Auditors in Oman, the Oman Investment Authority, senior executives, and representatives from the Institute of Internal Auditors Global. This initiative is part of OQ's broader transformation journey to embed accountability, resilience, and performance across its business, while supporting national efforts to foster a modern, responsible, and innovation-led private sector
