Third Foreseeing Government Audit Future Conference Highlights Smart Audit Initiatives in Dubai

Dubai:The third edition of the Foreseeing Government Audit Future Conference commenced in Dubai, organized by the Financial Audit Authority under the theme 'Smart Audit.' The event aims to explore emerging trends and applications in government auditing, focusing on the integration of advanced technologies to enhance audit practices and address future challenges.

According to Emirates News Agency, the conference is being held at the Joharah Ballroom, Madinat Jumeirah, and brings together senior officials, experts, and specialists from diverse fields including auditing, oversight, governance, cybersecurity, and artificial intelligence. These participants are examining the evolving responsibilities of auditors, especially in assessing risks associated with new technologies and ensuring the reliability of AI systems in decision-making processes.

In his opening remarks, Abdulrahman Al Hareb, Director General of the Financial Audit Authority, emphasized the necessity for an audit framework that can adapt to the rapid transformation of government operations driven by innovation. He underscored the importance of using advanced technologies to enhance audit efficiency while maintaining governance, independence, and accountability standards.

The conference featured a keynote address by Dr. Mohamed Hamad Al-Kuwaiti, focusing on financial cybersecurity oversight amid the rise of artificial intelligence. The discussion highlighted the UAE's efforts in building a robust national cybersecurity system as AI introduces new opportunities and risks.

Further sessions addressed topics such as AI governance, risk management, and the practical applications of AI in internal auditing. Experts like Dominique Vincenti and Mark Thomas provided insights into the role of AI in modernizing audit methodologies and improving audit effectiveness.

The event also included workshops and discussions on tax laws, strategic planning in internal audit, and the development of data science capabilities within audit processes. These sessions emphasized the importance of collaboration among audit, technical, and regulatory experts to keep pace with technological innovations while upholding governance standards.

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