Finance, Tax, Audit, Securities interpreting

Interpreting at Smart Train’s webinar on transforming internal audit function

2022/07/11

The article pertains to the interpreting topics of Internal audit, Internal control and Risk management.
Smart Train – the officially authorized CIA training partner in Vietnam since 2013 – has collaborated with the American Association of Internal Auditors IIA, PwC Vietnam, and Wolters Kluwer TeamMate to organize numerous conferences in the past. The purpose of this workshop is to improve the capacity and skills of the Internal Audit community in Vietnam. To meet the demand, the conference with the theme "Transforming Internal Audit function with data analytics and process mining" was conducted via the online platform.

In a business environment where business activities are expanding in both breadth and depth, the use of technology applications in internal auditing has become essential. Not only do these applications facilitate data visualization, but they also enable auditors to easily identify high-risk areas so they can allocate more resources to executing transactions. Consequently, the compliance, assurance, and effectiveness of the internal audit function are enhanced, thereby contributing to the business's practical value. 

In the webinar, the importance of data analytics for internal audit was particularly highlighted via its 4 unique attributes (4V), including Volume, Velocity, Variety and Veracity. Also, process mining software was introduced as a useful tool to identify process variants and bottlenecks, thereby enabling auditors to proactively manage potential risks.

The webinar was rounded off with an exciting panel discussion, demonstrating the top-notch translation service offered by AKT and extending our long list of satisfied clients.

Over 20 years of service, we have been trusted as a reliable English Vietnamese interpreting service provider for many conferences, seminars and workshops on audit and accounting, including the webinar on “Collaboration of Accountancy Firms Between Malaysia and Vietnam”, Accounting seminar at the University of Economics Ho Chi Minh City.

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