27th Annual Conference- IIA –Calcutta Chapter “APPLIED AUDIT –THE EVOLVING FRONTIER” An International Summit on Applied Audit
Kolkata, February 20, 2020: IIA-India, a non-profit professional organisation dedicated to the advancement and development of the Applied auditing profession in India, hosted a one of its kind conference ‘Applied Audit- The Evolving Frontier’ which witnessed some path breaking developments in the domain. Eminent personalities like Mr. Pankaj Dhingra, Global Finance Director, BCG Consulting, Mr. Sandip Ranjan Ghosh, Cheif Operating Officer, Birla Corporations, Mr. Neel Patnaik, Executive Director & Group CFO, Chatterjee Group, Mr. Tanmay Chatterjee, CGM Indian Oil, Mr. Arup Sen, Partner, Deloitte India, made their graceful presence at the seminar.
Applied Audit has been undergoing a metamorphosis in the current economic, business and regulatory scenario. The underlying imperative of the Applied Audit today is to provide value far beyond assurance and become an indispensable resource for managers to better manage the organization. The theme of the seminar, “Applied Audit – The Evolving Frontier” captures the essence of the expectations that industry has from Applied audit. Since “value” can mean many things, it is interesting to note that applied audit can provide value in most of the business areas and hence live up to almost all meanings of the term in business parlance. This summit will allow delegates to revolutionise debate on real-life experiences and cultivate innovative solutions to reshape the quality of Applied Audit & amp; its evolving Framework. Delegates will engage in valuable information exchange in regards Business and Finance Group’s Future endeavours, disinvestments of Indian Oil giants, accounting in the age of data juggling etc., in regards to Applied Audit.
The applied audit analytics are enabling auditors to better identify financial reporting, fraud and operational business risks and tailor their approach to deliver a more relevant audit.