Invitation to Nigerian Universities Audit Conference
Invitation to Nigerian Universities Audit Conference
Participants are required to complete payment and registration by November 8, 2024, via the United Bank for Africa account provided. On-site payments may result in logistical issues and participants cannot hold the organiser liable for problems related to souvenirs and other logistics. This underscores the need for pre-registration to ensure all arrangements are in place .
The conference discussions are designed to address internal audit complexities by exploring challenges related to multiple interests and strict regulations. By bringing together diverse stakeholders, the conference aims to uncover practical solutions and streamline auditing processes, making them more effective in navigating these complexities .
The participation fee of N250,000 covers e-course materials, tea break, lunch during the event, a certificate of participation, and a knowledge sharing session. These provisions aim to enhance the overall experience and learning outcomes for participating delegates, ensuring they have the resources and networking opportunities to gain from the conference .
The key objectives of the 37th Conference and Annual General Meeting of CHIADINU are to facilitate interaction between internal audit members and the highest level of government to gain a deeper understanding of ongoing reforms in the educational sector, provide quality advice to university leadership, address governance issues in public and private universities, and discuss challenges with internal audit processes. The conference also aims to redefine the role of Internal Audit Departments in managing compliance with data protection regulations .
The primary facilitators at the CHIADINU Conference include the Auditor-General of the Federation and the Executive Secretary of the National Universities Commission (NUC). Their involvement is significant as they are key figures in shaping and overseeing governance structures within Nigerian universities, making their insights crucial for aligning audit practices with national standards .
The implementation of the 2023 Data Protection Acts will require universities to manage information more carefully to avoid penalties. The Internal Audit Department will play a crucial role in helping the Vice-Chancellor and the university system understand and comply with these regulations. This involves defining strategies to avoid contraventions and ensuring that the University’s operations align with data protection requirements .
Having the Vice-Chancellor of Lagos State University as matron/chief host underscores the leadership’s commitment to improving governance and audit processes across Nigerian universities. This role amplifies the importance of strong leadership in facilitating discussions on educational reforms and ensuring the successful implementation of solutions proposed during the conference .
To ensure participants have a satisfactory experience at the conference, the organiser and the Executive Committee are committed to attending to all logistics and ensuring that all members have a great experience. Anyone with questions or needing more information can contact the Director of Internal Audit, LASU, Mrs. Margaret J. Ogunkoya .
The conference seeks to address differences between private and public universities by focusing on tailored solutions to enhance governance. This involves engaging with government officials and stakeholders to discuss unique challenges faced by each type of institution and proposing measures to improve governance structures accordingly .
The conference is expected to strengthen the advisory role of internal auditors by providing them with insights into governance reforms, allowing them to offer more informed guidance to university leadership. By understanding changes in the educational sector and governance challenges, internal auditors can more effectively advise on risk management and compliance strategies .