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AI will not replace auditors, expert says

AI will not replace auditors, expert says  08 Feb 2021 - 8:22 The Peninsula An expert at a recent webinar hosted by the Institute of Internal Auditors Qatar on  Artificial intelligence vs.Auditing- the future state, have disclosed that Artificial Intelligence (AI) would not replace auditors. Speaking at the webinar, Susan Paul, a System security trainer from the USA, said, “Artificial intelligence (AI) will not replace auditors. However, the job market would get competitive for those who can adapt and learn AI in this ever-changing audit field. An auditor can be more effective when they provide greater insight and assurance to the client.” 

Internal auditors conduct training on Simple Risk Assessment Techniques

Internal auditors conduct training on ‘Simple Risk Assessment Techniques’  23 Jan 2021 - 9:32 The Peninsula The Institute of Internal Auditors Qatar Chapter held a training session on ‘Simple Risk Assessment Techniques for Internal Auditors’ by Alaba Adedamola Awolaja from Nigeria. Alaba Awolaja, CIA, is a business professional and consultant with over a decade of banking and financial services. He is a dedicated risk management professional with a keen focus on identifying, assessing, managing, and controlling potential events that may affect entities’ objectives and prevent/ detecting fraud. “Risk assessment is the overall process of risk identification, risk analysis, and risk evaluation. Risk assessment is at the centre of a typical risk management process. Internal audit’s risk assessments start by considering inherent risk, the combination of internal and external risks in their pure, uncontrolled state,” said Alaba in his opening remarks.

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