In recent years internal audit has become a very significant part of every business in the CEE region. However, the influence of the Communist Era puts obstacles ahead of internal auditors as perception of their role is still quite different from that of Western Europe. Sadly, many well established businesses managed by older generations see the presence of the internal auditors as something negative. They are perceived not as a source of valuable recommendations, but controllers who are only looking for faults in the organisation.

Recently internal auditors have received the right attention. Managing bodies look to internal auditors for business improvement recommendations. After recognising the importance of the internal audit, time has now come to meet new challenges. 

CEE Internal Audit and Compliance 2010 is bringing together some of the leading industry experts to address the key issues facing the financial, public and industrial sectors and explore different approaches of internal auditors to challenges of the financial crisis.