The Evolution of the Internal Audit Function to be Discussed in Upcoming Conference

Kuala Lumpur, Malaysia, December 15, 2010 --(PR.com)-- Marcus Evans’ Internal Audit conference, which has been held annually since 2006, sees exciting new themes this year. This conference will bring together 15 industry experts across the regions to share their insights of a modern internal auditor such as enhancing the independence and objectivity of his role, emerging roles in targeting business risks while also focusing on better talent management and need for technology enhancement to maximise the audit process. It is tailored for audit professionals to redefine their audit plans, move towards corporate governance and ensure business continuity.

Given the increasing regulatory pressures along with a push for transparency, internal auditors are looking for better ways to organise their practice. They are looking to rebalance their audit plans focusing more on traditional fieldwork, operational and risk areas while addressing new concerns such as the need to monitor controls more efficiently.

A recent survey by the CFO Magazine states that more than 70% of auditors have difficulty hiring competent staff that is capable of tackling business and strategic risks in today's volatile environment. Also, the need for improvement in FRM, ERM and COSO ERM is understandable - these processes have emerged relatively recently as priorities for internal auditors and businesses have undergone a lot of change.

The speaker line up includes representatives from Emirates Group – UAE, Flextronics - Hong Kong, InterContinental Hotels Group - China, Maybank – Malaysia, Malaysia Airlines, Singapore Exchange, Institute of Internal Auditors Singapore, Unilever Asia – Singapore, Standard Chartered Bank – Singapore, Novartis Asia Pacific – Singapore, Xilinx – Singapore, DKSH Management – Singapore, Dow Chemical - Singapore, Bridgestone Finance Europe – Singapore and 3M – Singapore.

This 2-day conference also features a post-conference workshop on Continuous Auditing by Ernst & Young Advisory, Singapore. The workshop aims to offer systematic approaches to continuous auditing and to set a platform for rapid improvements and advancement.

Headquartered in London, Marcus Evans is one of the world's largest conference organizer with offices in over 30 countries worldwide. As a world leader in business events, we hold over 1000 summits, congresses, conferences and training courses per annum. More comprehensive information on our company can be found at www.marcusevans.com

Media Contact:
Ms. Lee Chew Wan
Tel: +603-2723-6748
Email: LeeC@marcusevanskl.com

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