IIA National Conference on “Digital Resilience: Reinventing Internal Audit” inaugurated in Chennai

Chennai, March 02, 2023: The Institute of Internal Auditors India (IIA), a National body of Internal Auditors jointly with its Madras chapter has organised this 2 day mega meet in Chennai, today and tomorrow 3rd and 4th March 2023. This national event consists of 12 technical sessions, 2 panel discussions, a fireside chat, a gamified session and talk by a management guru.

Event video link👇👇

The Conference was inaugurated  and the Presidential address was  delivered by Mrs Uma Prakash, President, IIA India. The Welcome address was   given by Mr Ravi Veeraraghavan, President, IIA Madras Chapter. Mr. Gopal Krishna Agarwal, Strategic Advisor to Government of India  on Economic Affairs, Mr. Romal Shetty (President, Deloitte), and CA (Dr) Debashis Mitra, Immediate Past President, ICAI  delivered very meaning ful and impact making speeches.

(L to R) Ravi Veera raghavan, President, IIA; Uma Prakash, President-IIA India & Conference Chair; Romal Shetty, President-Consulting & CEO Elect, Deloitte South Asia; Gopal Krishna Agarwal, Strategic Advisor to Govt in Economic Affairs & Independent Director; CA (Dr) Debashis Mitra, Immediate Past President, ICAI; Sidheshwar Bhalla, SVP, IIA India

Around 300 Audit Committee members, Independent Directors, CFOs, CROs, CAEs, CISOs, Internal auditors/Risk professionals, from India and abroad are participating. It will offer Internal Audit/Risk/Finance professionals a unique platform to connect, learn, innovate, and collaborate with peers from across the country. 

ABOUT THE CONFERENCE THEME  

The Theme of the Conference is “Digital Resilience – Reinventing Internal Audit”.  Flowing from this theme, the Conference will discuss very current topics under three parallel tracks in four technical sessions under each track.

Track A: Emerging Technologies

Track B: Risk Trends

Track C: Evolving IA Mindset

The need for digital resilience in an organization arises from the increasing reliance on technology and digital systems in today's business environment. These systems are essential for the functioning of the organization and are used for a variety of critical activities such as data storage, financial transactions, and communication.

However, these systems are also vulnerable to a variety of risks, including technology failures, human failures, cyber-attacks, frauds, and natural and man-made disasters. These risks can have a significant impact on the organization, including financial loss, damage to reputation, and loss of critical data.

Digital resilience refers to an organization's ability to withstand and recover from disruptions caused by technology failures or cyber-attacks. In today's increasingly digital business environment, it is essential for organizations to have a robust digital resilience strategy in place.

Internal audit plays a critical role in ensuring digital resilience within an organization. The traditional role of internal audit has been to provide assurance on the effectiveness of internal controls and compliance with laws and regulations. However, with the increasing reliance on technology and digital systems, internal audit must adapt to ensure that it is providing assurance on the resilience of these systems as well.

This Conference has been specially designed for Internal auditors and risk managers who wish to develop internal audit strategies that will encourage innovation in the organization as well as the internal audit function, eventually leading to a more scalable and sustainable digital transformation of the business and the internal audit function.  

The Institute of Internal Auditors is the only global professional association devoted entirely to the Internal Audit profession which has footprints in around 170 countries around the world with more than 200,000 members. The Institute also offer the CIA certification the only internationally recognised qualification in internal auditing

IIA India has a Womens’ Forum  and  today it is a major All India organisation with more than 1000 Women members serving the Internal Audit Profession.  As part of the WOMEN’s week, they celebrate this week with women speakers in the March 3, 4 event Further IIA india is headed by woman President Ms Uma Prakash and Treasurer in Madras Chapter, Ms Deephika.

****