The business environment has undergone rapid disruption in recent years, posing a threat to organisations in terms of heightened sustainability requirements, economic turbulence, as well as cybersecurity threats among others. Regulation has evolved to try and mitigate these risks, and in turn the compliance and governance obligations of audit committees over time have become more complex. As such, audit committees need to amplify their oversight to ensure that their organisations comply with regulations, anticipate future risks and leverage on new norms and standards in technologies to remain competitive.
The Audit Committee Conference 2024 jointly organised by MIA with the Institute of Internal Auditors Malaysia is focused on these emerging risks facing audit committees. Taking place on 5 September 2024, at Wyndham Grand Bangsar, Kuala Lumpur, with the theme of “Embracing Strategic Oversight: The Future of Audit Committees, this Conference is specifically tailored to update and upskill audit committee members, C-suite executives, internal auditors, and aspiring directors who are eager to stay ahead of the curve.
The conference will feature a series of insightful sessions and panel discussions focused on providing participants with the knowledge and tools to enhance the capabilities of audit committees in elevating governance, countering risks and strengthening trust. Delegates to this Conference can look forward to the following highlights:
Global Internal Audit Standards – Focusing on the most recent advancements in Global Internal Audit Standards, this discussion will focus on key changes, best practices, and how audit committees can enhance risk assessments to align with robust governance frameworks.
Strengthening Tax Governance – In light of Malaysia’s changing tax environment, this session will examine strategies for enhancing tax governance to ensure compliance and paying the right tax. Topics will include the Tax Corporate Governance Framework, managing tax risks, and optimising financial outcomes.
Risk Oversight in AI and Cybersecurity – Audit committees need to remain alert to emerging digital hazards as digital transformation picks up speed. With an emphasis on artificial intelligence (AI) and cybersecurity threats, this session will explore the vital role that IT audits play in safeguarding organisational assets and data.
The Future of Corporate Reporting – With economic landscapes and market conditions in constant flux, corporate reporting is becoming increasingly complex. This panel will discuss evolving standards in corporate reporting and sustainability reporting, particularly in the context of International Financial Reporting Standards (IFRS).
Integrating ESG into Audit Committee Agendas – As sustainability becomes integral to corporate strategy, this session will highlight the challenges and opportunities of embedding Environmental, Social, and Governance (ESG) principles into governance frameworks. Participants will learn how to enhance ESG reporting to meet stakeholder expectations and regulatory requirements.
In short, the Audit Committee Conference 2024 is an essential event for professionals looking to enhance their strategic oversight skills. Attendees will gain valuable insights into risk management, corporate governance, and the integration of ESG principles, positioning themselves to effectively guide their organisations in a complex and rapidly changing environment.
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