THE NEED FOR CONTINUING PROFESSIONAL DEVELOPMENT FOR INTERNAL AUDITORS

Oct 14, 2018 News

The Institute of Internal Auditors – Guyana Chapter (IIAGC)— which is affiliated to the Global IIA and headquartered in the USA, has as a major goal to promote the growth and development of the internal audit profession.
In so doing, the IIAGC is required to be involved in continuing professional development of its internal auditors in order to enhance their knowledge, skills, and other competencies by having, among others, seminars/workshops over a two to three-day period.
Such seminars have been ongoing since 2000; the most recent one was held in the last week of September.
With the focus on continuing professional development, the Local Chapter will facilitate such seminars on pertinent auditing activities, and in so doing, will share with the auditors the current best practices in existence globally.
Hence, extensive research is always being done on auditing activities so that the auditors are given the opportunity to update their knowledge, skills, etc.
At the recent IIAGC’s seminar/workshop, the focus was on the IIA’s Code of Ethics and on its International Standards for the Professional Practice of Internal Auditing on the opening day.
On Day 2, it was on Audit Reports – Communicating Assurance Results, and on Risk Management.
The Facilitators for this Seminar were well qualified and experienced practitioners.
They were Messrs. John Seeram, Chair of IIAGC’s Board on Day 1, and Ramesh Persaud of the Private Sector Commission, and Mandy Mickle of the IIAGC on Day 2.
It should be mentioned that the Global IIA requires, among others, that the presentation of these seminars must meet the required quality assurance standards, and indeed they were attained, judging from the responses of the participants.
Before the sessions began, as is customary, there were opening remarks given by Devi Kaladeen, President of the IIAGC, John Seeram, Chair of the IIAGC’s Board, and the feature address by the Commissioner General of the Guyana Revenue Authority, Godfrey Statia, who all spoke on aspects on the growth, development, and constraints of the internal auditing profession.
The emphasis of the IIAGC is for its seminars to attract a minimum of 30 Organisations. On this occasion, 37 Organisations were in attendance of which there were 60 participants on Day 1 and 72 on Day 2.
Representation was from the private, public, which included central government agencies, sectors.
The numbers were – private sector 16, public sector 14, and central government agencies 7. This representation indeed met one of the seminar goals. It is evident that a wide cross-section of organisations sees the great need for its staff to benefit from the IIAGC’s continuing professional development programme.
More so, with irregularities, non-compliance with laws, regulations, etc presently on the rise, the need for this form of quality assurance training is of a major priority.
That being said, although the IIAGC has been delivering seminars over the past eighteen years, it major goal, among others, is to develop the growth and development of the internal audit profession in Guyana, which must be an ongoing exercise.
However, it is imperative that the IIAGC cannot do it alone; it has to be in partnership with both the private and public sectors’ organisations.
And this partnership is in existence and is still growing for the benefit of the internal auditing profession.
(John Seeram)

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