By Vision Reporter
Audit professionals have been challenged to adhere to the principles of integrity, objectivity, confidentiality and competence.
This will enhance their performance, reduce corruption, fraud and an unethical behavior, the Vice President Edward Ssekandi has said.
He made the remarks on Wednesday while presiding over the inaugural African Federation of the Institute of Internal Auditors (AFIIA) conference at Commonwealth Resort at Munyonyo in Kampala.
Ssekandi said that studies conducted show that good corporate governance is linked to good performance and increasing in shareholder returns as well as making significant impact in wooing investors.
He said that the African continent is yearning for people of integrity who can assist their respective governments to provide services to their people at affordable prices.
Ssekandi called upon the professionals to ensure that the evils impacting negatively on service delivery are fought in both public and private sector institutions.
The Chairperson African Federation of Institute of Internal Auditors, Lesedi Lesetedi said that the conference that has also attracted six Auditor Generals from Africa will offer participants a forum to network, learn and share with fellow professional peers and practitioners their experiences and examples from their own countries.
The Chairman of the Institute of Internal Auditors Uganda Chapter Timothy Etoori said that internal auditing has becoming essential to daily life since it pivots along the tenets of the millennium development goals like good governance and accountability.
The 3-day conference that is convening under the theme “Unity in Diversity, one continent, one Internal Auditing Profession” has attracted about 500 delegates from 25 countries across the world.