Finance pledges K15,000 for auditors conference

THE Department of Finance has pledged its support for the Institute of Internal Auditors Papua New Guinea’s eighth annual conference by donating K15,000.
Presenting the cheque last week, department assistant secretary Samuel Penias said it was glad to be a gold sponsor for the 2012 annual conference.
Penias said the Finance Minister  James Marape was very supportive of the work of internal auditors.
He said the public sector arm would be funded and upgraded to counter accountability and transparency challenges.
Institute president Daisy Bautista thanked the Finance Department and its officers for their support and confidence in auditors.
“We will seek the minister’s further assistance to enact the IIA’s legislation,” she said.
Bautista said the institute provided professional training for public sector internal auditors through workshops.
The two-day conference, themed “Internal Auditors’ Approach to corporate governance”, starts today at the Holiday Inn, Port Moresby.
The conference aims to challenge audit professionals to look at global challenges, and how internal auditing can add value to corporate governance, transparency and accountability by changing and shaping an organisation.