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Global Institute of Internal AuditorsBreadcrumb SeparatorNewsBreadcrumb SeparatorIIA‒Montenegro Offers High Level Discourse and Multinational Presenters at Annual Conference

​IIA‒Montenegro Offers High Level Discourse and Multinational Presenters at Annual Conference 

IIA‒Montenegro held its third annual conference in Podgorica last month with two days of plenary sessions and networking opportunities for the event, Internal Audit Essential To Improve Governance: Searching for Stability. Several hundred attendees and speakers from countries including Albania, Austria, Bosnia & Herzegovina, Bulgaria, Croatia, Israel, Macedonia, and Slovenia, from an impressive list of industries joined IIA‒Montenegro members to discuss trends in internal audit including topics such as governance, financial reporting, and fraud.

After an introduction from IIA‒Montenegro President Prof. Đorđije Rakočević, Ph.D., the conference got underway with a presentation from keynote speakers such as Head of EU Delegation to Montenegro, Ambassador Mitja Drobnič who spoke on public financial management in the context of accession. He was followed by Dr Branislav Radulović, member of the Senate of the Supreme Audit Institution, who provided best practices on state audit vs. internal control in the public sector.

Other topics from day one included The Missing Link Between Process Management and Risk Management, presented by Mag. Norbert Wagner, CEO of IIA‒Austria. The day ended with a session on best practices for consulting vs. assurance during internal audit engagements from Dragan Vučić, CAE and chairman of the internal audit committee at Banking Association in Bosnia and Herzegovina.

Suzana Radulović, general secretary of the Montenegrin Employers Federation, began day two with an engaging presentation on the Importance of Financial Reporting and Auditing in Companies. An overview of new trends in internal audit followed from IIA‒Serbia President Professor Jozefina Beke Trivunac. She was followed by IIA‒Montenegro Chairman Dr. Slavko Rakočević who updated the audience on the Membership Servicing Alternative Model. Dr. Gaby Sayag, director of the internal audit program at Haifa University in Israel, offered a review of the upcoming CBOK 2015 Survey, “What Is Next for Internal Auditing?” The day continued with presentations and panel discussions on topics such information systems, risk, and control.

Attendees enjoyed a field trip to to Šipčanik Winery, with more than two million liters of aging wine and also enjoyed a dinner cruise on Skadar Lake to enjoy the beauty of Montenegro.

To review conference content, visit the IIA–Montenegro website. For more photos from the conference, visit our Flickr and Facebook pages.