Page 84 - IAT

Integrity Meets Innovation at the IIA India Delhi
Branch Conference on AI

On November 23, 2024, the IIA India Delhi Branch hosted a transformative conference titled "Integrity and
Insight: Impact of AI on Forensics & Governance" at The Suryaa, New Delhi. The landmark event attracted over
100 participants, including a diverse group of industry leaders, auditors, and forensic professionals passionate about
exploring the evolving role of artificial intelligence (AI) in their fields.

After a heartwarming welcome by Gaurav Bhatia, Treasurer of IIA India Delhi Branch, Yukti Arora, Vice President
of the Delhi Branch, addressed participants. Delhi BOG member Priya Gupta elegantly played her role as the master
of this ceremony.

The event featured a galaxy of speakers, including Anjani Kumar Sharma, Co-Founder & Director of SAGA, who
delivered an enlightening keynote address that captivated the audience. His scintillating speech set the reflective
tone for discussions on the intersection of AI and human intelligence, emphasising that while AI offers remarkable
capabilities, human oversight remains crucial to ensure ethical standards and accountability. In his invigorating
address, Dinesh Bahl, managing partner at SNB, touched participants to the core, bringing them anecdotes and
real-life experiences.

A panel discussion titled "From Boardrooms to Algorithms: The Role of AI in Governance Strategy" featured
insights from industry leaders including Sanjeev Singhal (Independent Director), Niraj Kumar (SVP Global Head
IA, Forensics & Risk, Oyo Hotels), Pravin Kumar (National Head - Assurance, ASA), and Ritu Gupta (SVP, MAS,
Times of India). The panellists addressed the opportunities and challenges AI presents in modern organisational
frameworks.

Nikhel Kochhar, Partner JHS & Associates LLP and former Chief Advisor at IIA India, moderated a key technical
session titled "AI and Forensics: A Game Changer for Modern Auditors and Investigators," featuring an esteemed
panel including Suparna Bhattacharyya (CFO, Schneider Electric Infra. Ltd.), Rahul Gambhir (CAE Brookfield
Properties), Alok Gupta (Cyber-Forensic Leader), and Rahul Kaushik (CAE O2 Power). They explored how
technology is transforming investigative approaches and auditor efficiency.

Sidheswar Bhalla, the immediate past President of IIA India, appreciated the thought-provoking deliberations and
shared insights on "Astroficial Intelligence" during his engaging session titled "Astroficial Intelligence – Astrology
vs. Artificial Intelligence." He explored the fascinating parallels between ancient wisdom and modern technology,
illustrating how both can offer valuable perspectives on decision-making.

The conference's central theme highlighted that human intelligence remains vital, with artificial intelligence as a
powerful tool to enhance our capabilities. Sessions consistently focused on integrating humane perspectives and
examining the diverse impacts of AI on various aspects of life. An interesting survey was conducted by Yukti Arora,
Mukesh Gupta and Mohit Gupta.

Among those who graced the occasion were CA Charanjot Singh Nanda (VP, ICAI), Shalini Gupta (VC, NIRC of
ICAI) and leaders from IIA India—Sana Baqai, President, IIA Delhi Branch and past President IIA Delhi Branch
Bharat Garg who interacted with the participants during the networking sessions. Mukesh Gupta, Secretary of IIA
India Delhi Branch, delivered the vote of thanks. The event concluded with heartfelt thanks to sponsors Quantlab
Wealth, an Algo Trading company whose support enabled this vital dialogue on AI and innovation in internal
auditing.

80 INTERNAL AUDIT TODAY