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       Ecosystem for Assurance











                                                                                                                                           INTERNAL AUDITOR
                                                                                                                                                MID DLE EA ST            MARCH 2018     WWW.INTERNALAUDITOR.ME
                                                         Audit

















                         Controls                                                                                                                                 FEA TURES



                                                                Analytics                                                                  14 COVER STORY:  Improving Internal Audit Performance through Strategic Planning
                                                                                                                                           The Impact of organizational strategic planning on internal audit activities and operation
                                                                                                                                           By Farah Araj, and Robert Kuling
                                                                                                                                           18 Green Internal Audit  20 The most common      23 Company Objec-
                                                                                                                                           what is it and how it would support  mistakes in audit com-  tive and Internal Audit
                                                                                                                                           the environment and sustainable   mittees’ work  contribution How can
                                                                                                                                           development in order to add value   What can go wrong in audit com-  internal Audit  effectively align its
                                                                                                                                           to the organization and improve its   mittee’s preventive role in the   activities with business activities
                                                                                                                                           reputation.              control system and risk manage-  and provide needed support?
                                                                                                                                           BY Ayman Abdlerahim      ment within the organization?  By Lalit Dua.
                                                                                                                                                                    BY Alaa Abu Nabaa





       To achieve new heights, finding the right balance of audit tools is essential. Only                                                                  D EP AR TMENT S
       TeamMate offers an integrated set of solutions that include the industry’s leading                                                  4 Reader Feedback        8 UAE-IAA Events         28 Frosting Funda-
       audit  management  system,  an  innovative  controls  management  system  and                                                       6 Knowledge Update:      25 Corporate Govern-    mentals
                                                                                                                                                                                            The internal audit function
       powerful data analytics.                                                                                                            Executive perspectives on Top   ance             through its disciplined approach
                                                                                                                                           Risks 2018,7 Factors for Internal   Role of governance in companies  enables the management to
                                                                                                                                                                                            understand the risk profile of
                                                                                                                                           Audit’s Role in Artificial Intel-  stages of  growth  the various processes within the
       TeamMate AM                  TeamMate CM                   TeamMate Analytics                                                       ligence, Cyber Risk Management   BY Eslam El Rayes  organization, BY Aysha Rashed
                                                                                                                                           Using the Three Lines of Defense  12 Conversations   AlHamrani AlShamsi
                                                                                                                                           Model, Characteristics of Financial  with Colleagues : Richard    10 IT Audit
       Learn more at: TeamMateSolutions.com                                                                                                Restatements and Frauds, Pulling   Chambers IIA CEO “shares” his   Cloud computing introduces
                                                                                                                                           fraud out of the shadows.  thoughts on the future of internal  a new set of risk and control
                                                                                                                                            BY VISHAL THAKKAR       auditing                implications BY Arif Zaman

                                                                                                                             MARCH 2018                                                          INTERNAL AUDITOR - MIDDLE EAST     03
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