Middle East to set global agent for internet audit

But, amidst an increasingly turbulent economic backdrop, speculation is rife as organisations look to the industry for answers.

As the world reels from the consequences of bad investments, the world of auditing has suddenly assumed an altogether more audacious allure. Control and assurance have suddenly become buzz words amongst businesses seeking risk management solutions, adding further pressure to an industry that's already inundated.

The world's leading luminaries are set to gather in Dubai from 9 -13 November 2008 to tackle the mounting challenges and to chart a way forward for the region. They'll be speaking at the 15th Annual Internal Audit Congress, which is sponsored by The Institute of Chartered Accountants in England and Wales (ICAEW) and Barclay Simpson, and which has already received enthusiastic approval from the critics.

"The Internal Audit Congress has built up an enviable reputation over its 14 year history, and is renowned for setting the industry benchmark," commented Jeremy Butcher, Conference Director of the event.

"The Annual Internal Audit Congress regularly attracts leading practitioners from around the world, and this year is no exception. Contrary to the universal slowdown, we are actually witnessing additional momentum from interested parties,"

he added.

"An audit revolution is about to take place and the Middle East is gearing up to embrace it".

Internal audit, controls, assurance and risk will all come under the spotlight in a bid to determine best practice techniques for the future. Governance, legislation and ethics will all be analysed as experts chart the path to long term survival in today's competitive marketplace.

The face of the industry is changing and with a new set of rules, comes a new set of skills to master. The Annual Internal Audit Congress aims to carry out a long overdue autopsy on auditing techniques, in a bid to ensure that a world class vision is strategised.

Experts are predicting that the Congress will set the tone for the audit industry, with potentially powerful repercussions for the industry at large. The elite of the audit world are expected to gather at the event.