The Abu Dhabi Accountability Authority (ADAA) has introduced revised internal audit regulations for entities under its supervision.

Key changes to the regulatory framework include: Implementation of continuous audits for financial and operational activities, Expanded role for internal audit units in selecting statutory auditors, New performance indicators for internal audit departments, Requirements for increased use of data analytics in audit procedures and New regulations governing the appointment of external audit firms.

The updated rules strengthen internal audit units’ involvement in monitoring audit outcomes and require the integration of digital tools in audit processes to enhance accuracy and effectiveness.

The revisions also establish new standards for appointing audit firms providing internal audit services to ADAA-supervised entities, with a specific focus on maintaining transparency and quality in audit results.

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