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Note from the Chief Editor



          Building Bridges & Fostering a

          Culture of Belonging!




           Dear Readers,
           I hope you had a wonderful Diwali celebration with   is  being  invited  to  the  dance.
           your family and loved ones. It’s December, when we   Inclusion is being asked to
           all look forward to the joyful festivities of Christmas   dance. Equity is being allowed
           and the New Year. In this spirit, I wish you abundant   to choose the music.” Cynthia is
           love, joy, hope, and success as the festive season   known for her insightful quotes  Punam Sharma
           enriches your lives.                           on topics like diversity and   Chief Editor, Internal Audit Today
                                                          inclusion, emphasising the importance of creating
           This season, our theme is Diversity, Equity and   equitable environments.
           Inclusion(DEI), a vital foundation for fostering
           thriving workplaces and successful businesses. DEI   In this edition of Internal Audit Today, I hope
           plays a significant role in promoting social cohesion   you find engaging and informative content that
           and cultural development. As we explore ways to   offers  diverse perspectives on enhancing value
           enhance our organisational culture, integrating DEI   within internal audit. From unique insights of
           into our core values is essential for making a positive   industry experts about internal auditing, building
           impact. Think of organisational culture as water; it   strong  banking  relationships  to data  analytics
           requires continuous effort and attention to achieve   and the importance of DEI in digital marketing,
           the right balance and flow, just as we must do with   there is something for everyone. We also explore
           DEI.                                           the evolution of internal audits in a hybrid work
                                                          model, the creation of inclusive cultures through
           The importance of DEI is increasingly recognised   mindfulness, and real-world examples of how
           among candidates and employees alike. As I read   companies integrate DEI into their practices.
           in a post recently, three-fourths of job seekers   Additionally, we touch on the importance of finding
           and employees consider DEI a major factor when   life balance, longevity and prioritising wellness for
           choosing a company or employment.              the mind, body and spirit.

           DEI serves as a powerful catalyst, enhancing   We bring you what’s been happening at IIA India
           every facet of our work and has the potential to   since our last edition and a brief on what’s in store!
           significantly influence overall outcomes. With all the
           excitement and frenzy surrounding DEI, I urge us all   I would like to express my heartfelt gratitude to all
           to reflect on the pitfalls of promoting it merely for   our contributors whose insights and expertise have
           appearances.  If treated as just a checkbox activity, its   significantly enriched the content of this publication.
           true value is undermined.                      Your dedication enhances our discussions and
                                                          helps us provide valuable resources to our readers.
           DEI functions at a mindset level, subtly influencing   We are thrilled by the valuable contributions from
           our  environments.  It  resembles  a  creeping  vine   the student forum. Additionally, I would like to
           that grows unnoticed, potentially obstructing the   thank our editorial and design teams for their hard
           progress of surrounding plants. We have the choice to   work in bringing this edition together. Your efforts
           nurture its growth or allow it to become unwelcome.  are truly appreciated!

           A recent news report highlighted that Foxconn, an   We are grateful for your support and trust that
           Apple supplier, instructed hiring agents in India who   you will enjoy this edition filled with industry
           were recruiting iPhone assembly workers to remove   knowledge, wisdom, wellness, and a touch of
           age, gender, marital criteria, and the manufacturer’s   humour to brighten your day!
           name from job advertisements. An earlier
           investigation allegedly found that Foxconn’s Indian   Happy Reading!
           hiring vendors excluded married women from jobs
           at its India iPhone assembly plant, contravening   Punam Sharma
           Apple and Foxconn anti-discrimination policies.

           I love how Cynthia Olmedo, a career enthusiast,
           eloquently articulates the essence of DEI: “Diversity



        INTERNAL AUDIT TODAY                                                                     EDITORIAL | 3
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