Learning Series: Internal Audit Master Program (IAMP)

October 30 and 31, 2019

Finance director internal auditors, senior executives and Corporate Governance practitioners from 12 companies and government agencies attended MIoD’s 2-day Internal Audit Master Program on October 30th – 31st, 2019.

Day 1 of the program started with opening remark by U Tun Myat from Yoma Bank followed with Internal Audit Overview by Ms. Kate Lazarus from International Finance Corporation (IFC) and why it is important for any organization to have an independent and well-functioning IA department. The session then continued with Case study about audit risk assessment and annual planning with interesting group presentation and role play exercises.

Day 2 comprises with IT audits best practices and CAATS/Data Analytics Techniques by Ms. Sie Sie Htun from KPMG Myanmar focusing on the importance of data analytics and explore various data analytics technology, software, and tools. Good corporate governance and its benefits were discussed by Mr. Anar Aliyev from IFC. The program then continued with the role of internal audit in sustainable development by Ms. Leyal Savas from IFC. Participants were excitedly participated with internal audit reporting and audit follow-up case study. The program was lightened by Group panel Discussion between Mr. Dominic Notario from MOB Bank, Mr. Tin Htoo Khaing from Access Spectrum Co., Ltd., Mr. Zaw Toe Moe from City Mart and Ms. Kim Chawsu form MIoD about Audit Committee and Senior executives’ expectations from Internal Audit. The program warped up with preparation of participants’ internal audit action plans.