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Bank auditors pledge commitment to improve internal audit practice

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By Lydia Ngwakwe

The Association of Chief Audit Executives of Banks in Nigeria (ACAEBIN) says it’s committed to making internal auditing in Nigeria a world-class.

The Chairman, ACAEBIN, Mr Prince Akamadu, said this in a statement on Thursday in Lagos.

Akamadu, at the association’s two-day training on “Internal Audit staff on Report Writing and Effective Communication Skills,” said the association would remain committed to professionalism.

He also stressed the association’s commitment to improving the quality of internal audit reports that would surpass the expectations of stakeholders.

The training was held in conjunction with Platinum Edge Consulting.

He said the association would ensure that internal auditors in Nigeria had the skills and knowledge they needed to perform their jobs at the highest level.

“One of the association’s core objectives is to develop the capacity of the Internal Audit Function to meet global standards and help auditors to deliver more effectively and efficiently.

“Over the years, ACAEBIN has been passionate about developing the skill set of Chief Audit Executives (CAEs) and Internal Auditors.

“This is one of the many ways the association is adding value to the industry,” he said.

Akamadu urged the trainees to make the best use of the opportunity provided by the exercise.

The statement quoted Mr Mogbitse Atsagbede, the Second-Vice Chairman, ACAEBIN, as saying that capacity development was at the core of the association’s mandate.

According to him, such training is usually bankrolled by the association at no cost to the individual member banks.

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“We are committed to promoting competence and professionalism in the industry.

“Our training and capacity development programmes are usually free and we do not compromise on quality.

“We have committed to organising at least two training sessions for Internal Auditors and one for the CAEs (its members) every year,” Mogbitse said. (NAN)(www.nannews.ng)

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Edited by Chinyere Joel-Nwokeoma

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Afonne Emmanuel
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