Welcome to the IIA Malta Chapter!
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2024, May 8: CPE Seminar “Auditing the Second Line”
Internal Audit must evaluate and contribute to the improvement of governance, risk management, and control processes. If certain Second Line functions are deemed critical to monitoring and/or providing assurance on the effectiveness of risk management and internal control, Internal Audit must evaluate the effectiveness of those functions relative to this objective. This session focuses on key areas which need to be considered when auditing the Second Line, and addresses the safeguards which must be implemented if Internal Audit is also assuming the role of Second Line.
2024, April 17: Sponsorship Agreement with PwC Malta
IIA Malta is pleased to announce that it has signed a platinum sponsorship agreement with PwC Malta for a period up to 31 December 2024.
2023, November 27: CPE Seminar “CSRD & ESRSs – An Update”
The enacted Corporate Sustainability Reporting Directive (CSRD) mandates large and most listed companies in the EU, including Malta, to adopt sustainability reporting, with disclosure requirements governed by the approved European Sustainability Reporting Standards (ESRSs). Internal auditors will play a crucial role in the successful implementation of the CSRD and ESRSs. This online seminar was intended for internal auditors to gain knowledge of this Directive and related Standards and to keep abreast of developments on the topic.
2023, October 26: CPE Seminar “Fraud Prevention and Detection”
Environmental, geopolitical, financial and social pressures are creating a risk landscape that is more volatile than ever. This volatility complicates the challenge of preventing fraud and other economic crime. As organisations act quickly to navigate change, bad actors look to exploit the potentially widening cracks in fraud defences. This online seminar has focused on the types of fraud, the perpetrators and how to detect them. The session also addressed how companies can prepare, prevent and respond to fraud to emerge stronger.
2023, July 31: CPE Seminar "Auditing Corporate Governance"
An online seminar was held for internal auditors on the topic of corporate governance. The session focused on how internal audit strengthens corporate governance through risk-based audits and its key role in assessing Board effectiveness and succession thereof, internal control functions, stakeholder engagement and the corporate culture. The session considered specific corporate governance aspects, such as the level of interaction between the Board and senior management, including the communication between the Chairperson of the Board and the Chief Executive Officer.
2023, July 7–9: Attendance to the IIA Global Assembly 2023
IIA Malta was invited to attend the 2023 Global Assembly "Where it all Comes Together". Alex Azzopardi attended the 2-day assembly where a number of topics were discussed including the vision for the profession to be achieved by 2035, an update on the evolution of the IPPF, and new avenues of collaboration between the affiliates.
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Welcome to the IIA Malta Chapter
IIA Malta became a Chapter of the Institute of Internal Auditors (IIA) in August 2023. The organisation was founded in 2007 as the Malta Forum for Internal Auditors (MFIA) and it has been working on a voluntary basis to boost awareness and education about the role of the internal auditor, and to facilitate networking and exchanging of views between internal auditors in Malta.
The main objective of the Chapter is to provide dynamic leadership for the profession of internal auditing in Malta. In support of this mission, the Chapter will:
- Advocate for the profession – promote the value of the internal audit profession and represent the interest of internal audit professionals.
- Strengthen the Maltese internal audit professional network – foster greater collaboration between internal audit professionals in Malta by becoming a natural home for practitioners through a thriving and growing membership.
- Provide for stronger member competency and professional development – providing comprehensive professional education and development opportunities.
Chapter Officers
Alex Azzopardi
Chairperson
Glenn Cassar
Vice Chairperson
Aidan Massa
Secretary
Giancarlo Millo
Officer
Ingrid Azzopardi
Officer
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Welcome to the home of internal auditors in Malta. At IIA Malta, we look forward to continuously be of service to the community of internal auditors practicing locally. We serve a small well-knit community of internal audit professionals within a rapidly evolving commercial environment. IIA Malta looks to the future knowing that the internal audit profession will play a pivotal role in enabling the entrepreneurial community navigate the upcoming changes and capitalise on opportunity.
In looking to the future we are also aware and proud of our past - an organisation that has been serving internal auditors in Malta since 2007. And our past sets a high benchmark we are confident of achieving as we set forth in this new leg of our journey as part of the IIA. Based on our three fundamentals of Advocacy, Outreach and Continuous Professional Education, we look forward to contributing towards elevating the internal audit profession. -
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