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UGANDA TO HOST FIRST AFRICAN AUDITORS CONFERENCE

KAMPALA, Feb 21– Uganda is to host the first meeting of the African Federation of Institutes of Internal Auditors (AFIIA), which is expected to bring together more than 500 audit professionals from across the continent and the world.

Sponsored by the Ugandan multimedia conglomerate Vision Group and Pricewater House Coopers, one of the Big Four auditors, the three-day conference will start on April 6 at the Commonwealth Resort Munyonyo here, says the Commissioner for Inspection and Internal Audit at the Ugandan Ministry of Finance, Dr. Fixon Akonya.

He told journalists at the Media Centre in Kampala Wednesday that Mervyn King, the chairman of South Africa’s King Committee on Corporate Governance which produced King I, II and III, will address the conference. Compliance with the King Reports is a requirement for companies listed on the Johannesburg Stock Exchange.

Uganda’s Auditor-General, John Muwanga, and his counterparts from Kenya and Tanzania will also address the conference under the theme, “Unity in diversity, one continent, one internal auditing profession”.

Akonya said the general conference would be preceded by a workshop of leaders of institutes of auditors in Africa on April 6 and 7, and the board and audit committee workshop on April 8. “These events will bring together leaders of internal audit institutes and internal audit professionals from across the continent. It is the first of its kind in Africa,” he said.

The auditors are to discuss ways to improve governance, risk management and controls across the continent. Other keynote speakers will include the Auditor-General of South African as well as officials from the International Institute of Internal Auditors, including its chairman, Paul Sobel.

“The conference will demonstrate the progress of the auditing profession in Uganda, showcase our beautiful country to the rest of Africa, raise the profile of accountability, governance and risk management on the continent,” Akonya said.

Source: NEW VISION

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