Vendor Expo Hall Open

Breakfast

Opening Remarks

Navigating AI in Aviation Audits: Enhancing Oversight, Fraud Detection, and Advisory Roles

Rising Above: Strategies for Internal Audit to Overcome Organizational Challenges

Whether driven by turnover, strategic initiatives, competing priorities, or differences of opinion, Internal Audit teams must learn to adapt and react to change in order to be effective. Please join a talented group of experienced Internal Audit executives in discussing obstacles that surface and how to best navigate those obstacles in a quest to deliver value and build trust with Management and the Board.

Coffee/Snack Break

Integrated Risk Management (IA and ERM)

In this interactive session, our specialists will showcase enterprise risk survey results and provide valuable insights into how enterprise risk management concepts can be embedded into an integrated risk approach alongside Internal Audit. Through an open and dynamic discussion, our presenters will address your burning questions, share key takeaways from recent surveys, and explore the strategic implications for Internal Audit. Specifically, we will walk through a maturity scale for enterprise risk capabilities and highlight how to mature over time, in a right-sized manner for your organization. We will also highlight the evolution of risk assessments and potential methods to embed artificial intelligence for streamlined reporting and real-time evaluation.

Learning Objectives:

• Analyze a deep understanding of the leading risks for the near term and the next decade, for internal audit teams.

• Discover how risks shift and evolve, aligned to your business landscape.

• Examine actionable strategies to proactively respond to these challenges and transform them into opportunities for your organization.

Fraud Workshop – trends, identification tools, etc.

Fraud in the airline industry is evolving, with new schemes targeting ticketing, procurement, cyber, and many other areas. This session will equip auditors with a comprehensive understanding of emerging fraud trends and equip them with strategies to detect and prevent fraud effectively. Attendees will gain knowledge of fraud risk assessment methodologies, key detection techniques, and tools designed to enhance mitigation efforts.  Through an industry-specific case study, this session will offer practical solutions to strengthen audit effectiveness in combating fraud.

Lunch

Airline Innovation Spotlight - "Review of Key ESG/Sustainability Metrics"

Internal Audit plays a critical role in assessing an organization’s sustainability strategy, ensuring transparency, accountability, and alignment with stated environmental goals. By assessing governance structures, risk management, and control mechanisms, Internal Audit helps prevent reputational and financial risks linked to misleading (e.g., greenwashing) sustainability narratives.

This session will explore Atlas Air Internal Audit’s approach in reviewing key sustainability metrics (e.g., greenhouse gas emissions) associated with the Company’s annual sustainability report and highlight considerations in the reporting process. Key discussions will include:

• Objective and scope of the review;

• Deep dive into emissions testing strategy;

• Recommendations; and

• Our team’s role in strengthening sustainability efforts.

Join Atlas Air’s Internal Audit team to explore key sustainability auditing considerations and start a conversation about how Internal Audit teams can add value in their organization’s sustainability landscape and enhance stakeholder trust in the company’s environmental commitments.

Evolution of the SOX Journey

Join KPMG as we explore how technology is transforming the audit approach. We will examine the type of tools being used by external auditors, and then explore the impact that will have on the design and approach to first-line controls.

Through this session, you will gain a comprehensive understanding of how tools like data analytics, artificial intelligence, and automation are reshaping the audit process. We will discuss the benefits and challenges associated with adopting these audit tools in control environments, best practices for effectively adapting first-line controls to create a strong ICFR environment.

Don't miss this opportunity to navigate the future of controls and ensure SOX compliance in a technology-driven world.

Intelligent Automation through the use of AI and Similar Tools

In aviation’s complex regulatory world, precision in financial reporting and risk management is critical. In this session, we explore how AI and automation are revolutionizing audits—cutting manual work, spotting anomalies, and streamlining reconciliations. Learn how these smart tools improve decision-making and ensure compliance, setting a new standard for accuracy and efficiency.

Coffee/Snack Break

Headshot Photos

Cybersecurity and the Role of IA

An overview of the IIA’s newly published Cybersecurity Topical Requirement document, a review of the User Guide to the Cybersecurity Topical Requirement, and how those documents relate to the SEC Cybersecurity disclosure requirement

Developing and Retaining Audit Talent

As organizations face greater challenges whether as the result of a pandemic, economic uncertainties, supply chain or industry disruptions, or whatever, audit committees and management teams are raising the bar on internal audit teams demanding that they “add greater value to the organization” in addition to the compliance assurance they currently provide.

Those increased demands are compounded by a very difficult labor market facing internal audit leaders today. Most internal audit teams have open headcount they cannot fill, putting internal audit’s ability to fulfill its charter and perform to the expectations of the audit committee and executive management at risk.

In this session we will explore how internal audit leaders can leverage the IIA Competency Framework and learn other development practices they can implement to develop and retain high performing team members.

Learning Objectives: After completing this session you will be able to:

•Understand the IIA’s Competency Model and how to apply it effectively

•Guide team members through an effective career mapping process

•Implement an effective staff development program to develop and retain staff

Closing Remarks

Potential Group Activity / Dinner