Inaugural roundtable discusses strategic issues and market dynamics affecting internal audit
Dubai: Ernst & Young announced the launch of its Internal Audit Roundtable Series in the Middle East. The inaugural session was recently held at the Capital Club, DIFC. Key clients, special invitees from the industry and senior Ernst & Young partners attended the roundtable.
The theme of the day was Demonstrating value - In an environment where cost cutting is top of every organization's agenda, how can Internal Audit deliver greater value with a lower budget? The regional networking event offered Internal Audit executives and Audit Committee members an opportune platform to share relevant business practices, discuss critical issues, and address other market dynamics affecting the role of internal audit departments in major corporations.
Outlining long term objectives, Ali Al Shabibi, Partner, Advisory, Ernst & Young Middle East said, "Our priority was to create a secure environment to encourage candid and insightful discussion on the evolving role of internal audit. Over the past few years and especially in the recent past, there's been a fundamental shift in the spheres of responsibilities and emerging risks. This warrants an ongoing dialogue within the industry to share and develop leading practices. Ernst & Young is committed to initiating such industry programs which go a long way in addressing various challenges that businesses in the Middle East currently face."
The collaborative and interactive networking session was led by Jonathan Blackmore, Director, Advisory, Ernst & Young. His professional milestones include leading one of Ernst & Young largest internal audit outsourcing assignments globally.
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About Ernst & Young Middle East
The Middle East practice of Ernst & Young has been operating in the region since 1923. For over 85 years, we have evolved to meet the legal and commercial developments of the region. Across the Middle East, we have over 4,500 people united across 20 offices and 15 Arab countries, sharing the same values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve their potential.
About Ernst & Young
Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 144,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve their potential. For more information, please visit www.ey.com.
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© Press Release 2009
