Mr. Turki Al-Aufi made a valuable contribution to a seminar titled “The Role of Internal Audit in Governance, Risk Management, and Internal Control,” organized by the Internal Audit Department of the Royal Commission for Jubail and Yanbu, under the patronage of His Excellency the Chairman, Mr. Khalid Al-Salem. This seminar was part of the events held in conjunction with the Global Internal Audit Month.
During his participation, Mr. Turki Al-Aufi emphasized the crucial role of internal audit in ensuring sound governance and achieving sustainability in organizations. He also discussed the positive impact of internal audit in enhancing processes and reducing risks, thereby fostering trust in management and achieving financial sustainability. Furthermore, he highlighted the importance of establishing strong internal control structures that contribute to monitoring and evaluating potential risks, as well as ensuring compliance with laws and regulations. The role of internal audit extends beyond control and efficiency in operations; it also ensures the proper implementation of policies and approved procedures.
This seminar provides a valuable opportunity for participants to benefit from knowledge sharing and exchange of experiences, while raising awareness about the significance of internal audit as a fundamental tool in achieving organizational goals and ensuring sustainability. It holds great importance in enhancing general knowledge and guiding organizations towards best practices in the fields of internal audit, governance, risk management, and internal control.