The annual State Internal Audit Conference officially commenced Wednesday at the Islamic Center Conference Hall, drawing over 170 auditors from various government agencies and institutions for a two-day forum focused on accountability and strategic change.
The conference was inaugurated by the Vice President Hussain Mohammed Lateef, who was accompanied at the opening ceremony by the Minister of Finance and Planning, Moosa Zameer.
During the event, the Vice President officially launched two significant initiatives - the nation's new Risk Management Framework and the State Internal Audit Strategic Action Plan 2026-2028.
The Ministry of Finance and Planning said that the Risk Management Framework is designed to establish a system of early identification and preparedness, ensuring a crucial step towards responsible fiscal arrangements. The new Strategic Action Plan, meanwhile, signals a commitment to further strengthening the existing system through the prioritisation of digitalisation.
Operating under the theme, "Driving Public Value; Internal Audit in the Era of Change and Accountability," the conference focuses closely on the internal auditor's role in promoting public interest and ensuring full accountability within a constantly evolving regulatory environment.
The State Internal Audit Committee Chairperson Reema Rasheed highlighted the importance of the gathering, noting that the conference transcends technical discussions.
"I would say that this is not only a conference based on technical skills and discussions. This will breathe new life into the work that we do," she said, emphasising the importance of participants exchanging experiences and ideas to strengthen the entire sector.
Over the course of the conference, attendees will hear firsthand experiences of those working in the audit field in the Maldives, discuss challenges facing internal auditors, and participate in a dedicated workshop focused on practical auditing and audit reporting—all aimed at bolstering the system established by the Ministry to monitor state assets and ensure compliance with financial oversight regulations.