We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners. Read More

Menu
Log in




Log in

M2035 - Triggering Action through effective Internal Audit Reporting (Online)

  • 24 Jun 2020
  • 13:30 - 16:45
  • Online Webinar

Registration


Registration is closed
Registration Time: 13.15
Sessions Time: 13.30 - 16.45 including a 15-minute break
Speaker: Mr Giancarlo Millo 
Venue: Online Webinar
Participation Fees (The Institute is now accepting payments via Paypal)
MIA Members: €40.00
Non-MIA Members: €75.00
Retired Members: €20.00
Students: €30.00

Background Information

If you ask internal auditors why they write audit reports, some might answer that it is to communicate an engagement's objectives, scope and results. Others might state that it is to describe what the auditors found and to make recommendations for improvement. But the ultimate objective of internal audit reporting is not to describe what was found or to make recommendations for improvement. It is to persuade readers to take action.

Objectives of the session:

Impact is imperative, but not all internal auditors realise the difference that writing style can make to ensure corrective action is complete and timely. The content of a report informs readers, but writing style is what really motivates. The aim of this seminar is to highlight ways of how internal auditors can help ensure that their audit reports are effective – that they will not only change minds, but that they will create a call to action that gets results. The seminar shall also focus on the periodic reports through which the internal audit function communicates its overall progress to the Audit Committee. While the speaker will be sharing some of his tips for making internal audit reporting more persuasive, the participants will be welcome to put forward any other thoughts or suggestions they may have during the session.

TOPICS ON THE AGENDA

- Recognising the importance of thinking before writing.
- Understanding the needs of readers and writers.
- The components of the audit report.
- The importance of identifying cause and impact of audit observations.
- Advantages and disadvantages of different report formats.
- How to improve writing quality.
- Developing reports that are accurate, objective, clear, concise, constructive, complete, and timely.

Target Audience:

This seminar is targeted at internal audit practitioners and students.

Speaker's Profile:

Giancarlo Millo FIA, CPA, CIA, CISA, CRISC, MBA (Fin) is the Group Chief Internal Auditor at Mizzi Organisation, a conglomerate of business units spanning a broad portfolio of business interests and industry sectors including automotive, tourism and leisure, manufacturing and retail, real estate, and mechanical and engineering contracting. Mr Millo previously held the post of Deputy Group Head Internal Audit at FIMBank plc, also responsible for IT assurance and advisory services within the group. He is a Past President of the ISACA Malta Chapter and has been invited to deliver talks on internal audit and IT audit subjects both locally and overseas.

EVENT CPE COMPETENCES

3 Hours Core 

TERMS AND CONDITIONS

Terms and conditions apply

DISCLAIMER

By Registering and/or Booking for this event, you agree that MIA will collect your information, who will be using it as per the MIA Privacy Policy for CPE Events. Please read the MIA’s Privacy Notice for CPE Events in its entirety which can be found at this link. By accepting to participate in this event you accept that MIA shall process personal data in accordance with this Privacy Notice.
If registration is being affected by a company or other corporate entity on behalf of an attendee or the registering company or other corporate entity supplies to the MIA personal data of third parties, such as of employees, affiliates, management companies or service providers, the registering company or other corporate entity shall be solely responsible for making sure that the provision of such data to the MIA fully complies with applicable laws and the relevant person in regard to whom the data relates has been provided with the necessary information at law regarding the MIA’s processing of his personal data.
Any information notices, consents or other applicable requirements that may be required to be fulfilled for the provision of third party data to the MIA shall be borne solely by the registering company or other corporate entity. The registering company or other corporate entity hereby fully indemnifies the MIA and shall render the MIA completely harmless against all costs, damages or liability of whatsoever nature resulting from any claims or litigation (instituted or threatened) by any third party against the MIA as a result of the provision of any third party personal data to the MIA by the registering company or other corporate entity.
The Malta Institute of Accountants may take photos during this event. These images will be used by the Institute to share news about the event in newsletters, the Annual Report, The Accountant journal and printed publicity. Photos can also be published on MIA’s Facebook, Linkedln and Twitter. Such images may be used to publicise future events of the same nature and for reporting purposes.


               

Contact Us

Suite 4, Level 1, Tower Business Centre, Tower Street, Swatar, BKR 4013, Malta 

E-mail: info@miamalta.org

Tel. +356 2258 1900

© MALTA INSTITUTE OF ACCOUNTANTS, 2024