A picture taken on January 24, 2022 shows Abu Dhabi, capital of the UAE which has come again under attack by Yemen's Huthi rebels
IBTimes US

The first Regional Great Audit Minds (GAM) Conference has gathered more than 1,300 industry leaders and professionals from around the globe in Abu Dhabu's Yas Island Hotel.

It was the first time a GAM Conference took place outside the United States, making it the first Regional GAM. The three-day event, which concluded on Wednesday, was organized by the United Arab Emirates (UAE) Internal Auditors Association (IAA) and supported by the Supreme Audit Institution (SAI) UAE.

"Our visionary leadership has always stressed the significance of sustainable development, and our presence at this event serves as a timely reminder of the UAE's unwavering dedication to sustainability and its crucial role in the global discourse on climate change," a spokesperson from SAI UAE said, as per Khaleej Times.

The event centered on promoting social, environmental, sustainability and governance (ESG) practices when it comes to auditing.

The spokesperson explained that auditing is not limited to numbers, as it is also about upholding the values of transparency, accountability and integrity, adding that these are the principal foundation upon which the UAE has been built.

"In a rapidly evolving world, we must wholeheartedly embrace sustainability in all its facets. Whether it's optimizing resource utilization or adopting sustainable business practices, every action we take today will shape the lasting legacy we leave for the future generations to come," the spokesperson said further.

During the conference, participating professionals and leaders shared their perspectives and offered cutting-edge solutions related to the challenges faced during the audit process.

Abdulqader Ali, chairman of the UAE IAA, said it was not a mere gathering but a "crucible where the brightest minds in auditing converge to redefine and shape the future of our profession."

Ali mentioned that it was the first time the event was held in Abu Dhabi, which he described as a "city synonymous with innovation and leadership, underscores our commitment to setting new standards in the industry."

"We are thrilled to see such overwhelming participation from around the world, reaffirming the need for continuous evolution and global collaboration in our field," Ali added.

The Department of Culture and Tourism, alongside EY, KPMG Lower Gulf, Protiviti, PwC Middle East, Beeah and Etihad Airways, also supported the event.