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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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