Compliance Audit Checklist in Senegal: A Step Towards Strengthening Internal Auditing Practices
Introduction
The Institute of Internal Auditors (IIA) Global has approved the IIA Senegal Chapter, marking a significant milestone for internal auditing practices in Senegal. This development comes after a long and arduous process that began with the re-establishment of contact between internal auditors from Senegal and IIA Global in 2018.
The Journey to Approval
The journey to get to this point is a testament to the dedication and perseverance of internal auditors in Senegal. The country’s first internal auditors institute, ISACI, was established in May 1993, making it one of the pioneers in West Africa. However, due to non-compliance issues, IIA Global terminated its affiliation with IIA Senegal in April 2016.
Despite this setback, internal auditors from major companies in Senegal came together to form a committee in 2020, determined to re-establish the connection with IIA Global and strengthen their profession. After years of effort, the chapter was finally approved on September 8, 2022.
Benefits for Members
As a member of the IIA Senegal Chapter, professionals will gain access to:
- The institute’s standards
- Guidance on best practices
- Networking opportunities with other internal auditors
- Savings on world-class training
The approval of this chapter is expected to have a significant impact on compliance audit practices in Senegal, as it provides a framework for internal auditors to follow and improve their skills.
Strengthening the Profession
The IIA Senegal Chapter’s approval is also seen as a major step towards strengthening the country’s internal auditing profession, which is essential for ensuring accountability and transparency in businesses. With this development, Senegalese companies can now tap into the expertise and resources of the global internal auditing community, enhancing their ability to manage risk and achieve their goals.
Professional Growth and Contribution
The IIA Senegal Chapter is an opportunity for professionals to:
- Grow professionally and personally
- Contribute to the development of the country’s internal auditing profession
- Access benefits such as standards, guidance, networking opportunities, and savings on world-class training
For those interested in becoming a member, the benefits are numerous. The IIA Senegal Chapter is an opportunity to be part of a global community of internal auditors, share knowledge and best practices, and contribute to the development of the profession.
Key Takeaways:
- The IIA Senegal Chapter has been approved by IIA Global
- Members will gain access to standards, guidance, networking opportunities, and savings on world-class training
- The chapter’s approval is expected to have a significant impact on compliance audit practices in Senegal
- The chapter provides an opportunity for professionals to grow professionally and personally, while contributing to the development of the country’s internal auditing profession.