Institute of Internal Auditors to Hold Technology Trends Virtual Conference on Dec. 8 – CPAPracticeAdvisor.com

The Institute of Internal Auditors, the internal audit profession’s leader in standards, certification, education, research, and technical guidance worldwide, will host its Technology Trends Virtual Conference on December 8, 2022.

The particular conference comes at a time when cryptocurrency companies are under a great deal of scrutiny for their internal governance practices following the bankruptcy of prominent cryptocurrency exchange FTX. The dramatic collapse of FTX, and the public overview around its practices, is the latest example associated with why a deep understanding of the particular enhanced risk associated with technological innovation and implementation across industries will be required to ensure they’re being mitigated properly.  

The IIA’s Technology Styles Conference is usually designed in order to help inner auditors of all levels stay ahead of critical technology issues through an unique blend of interactive facilitated sessions, informative presentations, and stimulating dialogue.

“A scan associated with the headlines underscores the downside of not properly knowing and controlling for the increased risks of new technologies and the potential fallout for companies, their own shareholders, plus entire industries, ” said IIA President and CEO Anthony J. Pugliese, CIA, CPA, CGMA, CITP. “The FTX collapse is the current reminder that organizations without a robust internal audit function are, at best, playing with fire and, at worst, setting themselves and their stakeholders up for the disastrous – and entirely preventable – fall. Dramatic changes to the danger landscape make it imperative that will organizations invest in internal review and equip their internal auditors with the access, tools, and development opportunities in order to stay ahead of change and risk. ”

Daniel Hulme, PhD, Chief Executive Officer, Satalia and Chief AI Officer, WPP will open the particular conference with a keynote upon why AI is here to stay plus its impact in the long run. Dr . Hulme will explain why it is essential the internal audit profession embrace emerging systems while outlining the ethical and philosophical issues surrounding them.

The particular conference will certainly feature classes detailing:

  • Internal audit’s digital transformation journey and key digital transformation success factors, including minimum technologies infrastructure with regard to dynamic danger assessment, data analytics, knowledge management plus communications, and why establishing a single source of truth for inner audit’s needs is critical
  • How the internal audit profession can harness risk intelligence about an organization’s information and electronic assets (e. g., crypto assets, AI, RPA) plus prepare for a future digital state
  • The current state of machine learning, the mitigating controls for it and why auditing it is so important, with an overview of how to implement the control-centric assurance program regarding machine studying systems
  • An overview of the particular cryptocurrency and blockchain environment, including key developments, plus what the regulatory state looks like
  • How rapid technological developments such as cryptocurrencies, NFTs, and the Web3 signal a revolution in the business world and how internal auditors can apply these advancements to support their organizations in making risk-informed decisions

Media representatives are invited to attend the particular Technology Trends conference virtually.