| James Kon |
SOME 100 participants from both the public and private sectors joined a talk on ‘Quality Assessment Review of Internal Audit’ organised by French-Bruneian Business Association (FBBA) in collaboration with Deloitte & Touche at The Empire Hotel & Country Club.
Topics such as Quality Assessment Review Requirements and Approach, The Evolution of Internal Audit as well as Best Practices of Internal Audit were presented to the attendees.
Two overseas speakers also shared their experiences and discussed the importance of quality Internal Audit namely Philip Chong, Executive Director with the Risk Consulting Practice of Deloitte South East Asia, who leads the Governance, Regulation and Risk Practice and Karen Cruz-Ngking, Manager with Enterprise Risk Services of Deloitte Philippines, who leads the Quality Assessment Review services.
Philip and Karen discussed the challenges faced by companies to improve the internal audit functions while touching on issues faced by the senior management and audit committees such as governance processes, ethical issues, fraud and internal controls in an automated environment.
Meanwhile, the French Ambassador to Brunei Darussalam, Loan Forgeron said, “I would like to pay tribute to the FBBA members for organising such an event. With my arrival in Brunei, it is my desire to further reinforce the cooperation between Brunei Darussalam and France.
“Quality Assessment Review of Internal Audit is informative and very relevant. This topic is very close to my heart because I was the Audit Inspector of Foreign Affairs in France before my arrival to Brunei.”
Tan Cheng Voon, Secretary General of the FBBA in her opening speech highlighted that this joint collaboration between FBBA and Deloitte & Touche was beneficial. “As Brunei encourages companies in the private sector to place better internal controls and appropriate management to enhance business standards, the talks on ‘Quality Assessment Review of Internal Audit’ is relevant and timely.
Also at the seminar was Yves Grosjean, General manager of TOTAL E&P, Borneo BV cum Vice President of FBBA.