Initiative to double number of Emirati internal auditors by 2021

DUBAI, The UAE Internal Auditors Association, UAE-IAA, has announced that it recorded a remarkable growth in the participation of Emiratis in internal auditing sectors through its HASAAD programme, which was launched to provide training in internal auditing.

The UAE’s internal auditors professional body has launched the 8th cycle of the programme, which will run from 14th October to 20th December in Abu Dhabi, with the participation of a number of new internal auditors from across different sectors.

The UAE-IAA Chairman Abdulqader Obaid Ali said, “Our strategy is focused on enhancing the role of Emiratis in the internal auditing profession due to its importance in supporting the national economy and ensuring the success of institutions.”

He added, “The UAE-IAA aims to double the current number of Emirati internal auditors in the public and private sectors by 2021, with a view to cope with UAE Vision 2021 aiming to shift to knowledge-based economy with the leadership of Emirati nationals equipped with knowledge and innovation skills.”

HASAAD, since its inception in 2015, has contributed to the graduation of over 60 Emirati nationals, who are currently occupying senior positions in various public and private sector institutions. The programme is aimed at young UAE national graduates to provide them with knowledge in internal audit.

The UAE Internal Auditors Association was set up in July 1995 as a non-profit organisation along the lines of its parent body with the support and co-operation of the Emirates Group, Dubai Economic Department, Dubai Chamber of Commerce, Al Futtaim Group, Emirates Bank and Dubai Aluminium Company. In June 2006, it sought and gained approval to become the official IIA affiliate in the UAE The programme is designed to impart technical training on 15 major topics related to internal audit, to develop overall soft skills of individuals, share real life scenarios and challenges in the field and train them for Certified Internal Auditor qualification. It is a consolidated three-month programme and its benefits include better job opportunities, increasing the number of Emiratis working in private sector and in the field. The programme was developed to meet the needs of institutions working in this sector and has been designed by more than 20 internal auditor and CEO combining their experiences and ideas in line with the internal audit departments. Of the 7,000 Internal Auditors in the region, 45 percent are in the UAE, of whom 22 percent are Emirati.

Source: Emirates News Agency