CPAs Assn. to host Internal Audit Forum on Friday
By The Star Staff
Aware of the importance and contribution that internal auditing makes in the fiscal and operational processes of companies, businesses, non-profit organizations, municipalities and public administration in general, the Certified Public Accountants Association of Puerto Rico (CCPA by its Spanish initials) will hold the XII Internal Audit Forum on Friday.
CCPA President Aixa González Reyes said that during the XII Internal Audit Forum, the new global internal audit standards will be discussed and the most common findings in government audits will be presented. It is very important in these times, she said, to identify opportunities to guarantee privacy through effective data management and analyze real-life cases of great interest as well as investigations related to money laundering, fraud and government corruption.
“The audit is an independent and objective evaluation activity to add value and improve the accounting, financial and administrative operations of an organization,” González Reyes said. “It is certainly one of the most valuable resources for maximizing operational processes and profits, and achieving proposed goals, through accountability, both in private companies and in the sector of non-profit organizations and the public sector.”
Among the instructors invited to the XII Internal Audit Forum are personnel from the Office of the Inspector General of Puerto Rico and the Office of the Comptroller of Puerto Rico. In addition, there will be representatives from the FBI, the CIA, the insurance industry, banking, and cybersecurity and artificial intelligence.
“Participants in this forum will also be able to learn how internal audit departments can include in their programs measures to prevent and detect possible scenarios of internal control deficiencies and corruption,” the CCPA president added. “And just as important, understanding how to implement them.”
The face-to-face event is to be held from 8:30 a.m. to late afternoon at Vivo Beach Club in Isla Verde.