EY Nigeria says audit committee summit to examine emerging reporting risks – Businessday NG

EY Nigeria is set to convene Audit Committee and Board members, business leaders, regulators and other key stakeholders at its Audit Committee Transformation Summit, providing a strategic platform to examine emerging issues shaping corporate governance, financial reporting, risk management, regulatory compliance and organisational resilience.

This year’s summit, themed “Shaping High-Performing Audit Committees,” which holds on Wednesday November 11 in Lagos comes at a time when businesses are navigating an increasingly complex operating and regulatory environment, creating greater expectations for effective oversight, transparency and accountability.

This year’s edition will explore the evolving responsibilities of Audit Committees and consider how they can strengthen their oversight role, respond effectively to emerging risks and regulatory developments, and reinforce stakeholder confidence.

Commenting on the objectives of the Summit, EY said: “This year’s Summit will provide an important platform for sharing practical insights and perspectives on emerging risks, regulatory developments and leading governance practices. It will deepen understanding of evolving corporate governance, financial reporting and regulatory issues, while promoting meaningful dialogue and knowledge sharing among Audit Committee members, business leaders, regulators and other stakeholders.

“The Summit will also seek to strengthen collaboration across the governance ecosystem and reinforce the critical role of Audit Committees in promoting transparency, accountability and sustainable long-term value creation.”

The Summit is targeted at senior stakeholders with responsibility for governance, oversight, risk and financial stewardship, including Audit Committee Chairs and members; Board Chairs and Board members; Chief Financial Officers and Finance Directors; Chief Audit Executives and Internal Audit leaders; Chief Risk and Compliance Officers; senior executives and business leaders; regulators; and governance, risk, accounting and assurance professionals.

Through the Summit, EY seeks to facilitate constructive engagement among key players within the corporate governance ecosystem, enabling participants to exchange perspectives on the issues reshaping the Audit Committee agenda and consider practical approaches to strengthening governance and oversight.

EY is a global leader in assurance, tax, strategy and transactions, and consulting services. Through its multidisciplinary teams and global capabilities, EY is committed to building a better working world by helping to create long-term value for clients, people and society, and build trust in the capital markets.

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Iheanyi Nwachukwu

Iheanyi Nwachukwu, is a creative content writer with over two decades journalism experience writing on banking, finance, capital markets, and tax. The multiple awards winning journalist is Deputy Editor, BusinessDay. Iheanyi holds BSc Degree in Economics from Imo State University; Master of Science (MSc) Degree in Management from University of Lagos.

Iheanyi has attended several work-related trainings including (i) Advanced Writing and Reporting Skills (Pan African University, Lagos); (ii) News Agency Journalism (Indian Institute of Mass Communication {IIMC}, New Delhi, India); and (iii) Capital Markets Development and Regulations (International Law Institute {ILI} of Georgetown University, Washington DC, USA).

Other trainings Iheanyi attended include: Economic/Political Risk Analysis (By Thomson Reuters Foundation); International Financial Journalism (IFJ) (By PMA Media Training, UK); Effective Business Writing Skills (By Phillips Consulting); Reporting on Corporate Governance (By International Finance Corporation (IFC) & Thomson Reuters Foundation UK); etc. In addition, he has participated in high-level economy & markets events in Dubai, South Africa, Morocco, and other African countries like Zambia, Ghana and Gambia.

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