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 NFRA issues Draft Procedure for Submission of Audit Files
 Auditors barred from putting a value on companies they are auditing
 Standard on Internal Audit (SIA) 18, Related Parties
 Standard on Internal Audit (SIA) 17, Consideration of Laws and Regulations in an Internal Audit
 Standard on Internal Audit (SIA) 16, Using the Work of an Expert
 Standard on Internal Audit (SIA) 14, Internal Audit in an Information Technology Environment
 Standard on Internal Audit (SIA) 13, Enterprise Risk Management
 Standard on Internal Audit (SIA) 12, Internal Control Evaluation
 Standard on Internal Audit (SIA) 11, Consideration of Fraud in an Internal Audit
  Standard on Internal Audit (SIA) 9, Communication with Management
  Standard on Internal Audit (SIA) 8, Terms of Internal Audit Engagement

Internal auditors hold seminar
June, 04th 2009

The Institute of Internal Auditors in association with Qatar Universitys Scientific Accounting Association held a seminar on internal audit managing costs and focus in a downturn.

Speaking on the occasion, Price WaterhouseCoopers (PwC) director Jill Emney said: Boards should be looking at their internal audit to provide the robust scrutiny and assurance they need to navigate through an exceptionally tough business climate and increasingly uncertain risk environment.

Emney recently moved to Qatar from a risk assurance practice in the UK. Her presentation was based on the findings of PwC survey of 100 top companies.

The expert also identified a number of areas where an internal auditor can address the challenges faced by executives such as cost reduction, talent management, business productivity enhancement, better quality information and stakeholder collaboration.

Forums president Sundaresan Rajeswar said: It is the 12th and last seminar for the term 2008-09 that ended on May 31.

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