ACCA UK’s 2019 annual Internal Audit Conference on Collaborative Independence will take place on 16 May 2019 in Birmingham.
The International Standards for the Professional Practice of Internal Auditing makes reference to the necessity for Independence and Objectivity (Standard 1100). Independence is defined as meaning ‘the freedom from conditions that threaten the ability of the internal audit activity to carry out internal audit responsibilities in an unbiased manner’. In other words, an absence of interference, threat or restriction on access to personnel and information required to do the job.
Objectivity, on the other hand, relates to the auditor’s own mentality in approaching the work – recognition of conscious and unconscious bias and their ability to provide an opinion substantiated by complete, accurate and valid data rather than preference and compromise.
However, we’re all faced with challenges to ‘do more with less’, ‘rely on other assurance providers’ and ‘accept that the compliance work is covered by others’. So how can we, as internal auditors, make a positive step change in delivery through ‘collaborative independence’, and what would this mean in reality?
Join us on 16 May 2019 as we consider these challenges.
Register your interest now and we’ll ensure you receive a personal invitation as soon as bookings open. Simply email our Professional Courses team.