Introduction

Welcome to the first-ever Auditors Forum, hosted by CA Maldives. This milestone event brings together audit professionals from across the country to discuss key developments, challenges, and opportunities shaping the future of the audit profession.

Strengthening Quality. Embracing Innovation. Enhancing Trust.

From strengthening quality management through ISQM 1 and ISQM 2 to navigating the impact of AI on audits, this forum will tackle some of the most pressing and transformative issues in the profession today. This year’s forum will explore how audit professionals can provide assurance on ESG using ISSA 5000, enhance IT audit readiness, align with AML expectations, and address pricing strategies for professional services. Participants will also gain key insights into common pitfalls in local audits from a quality review perspective.

The forum offers a space for meaningful conversations, practical insights, and shared learning. It’s an opportunity to reflect on where we are, where the profession is heading, and how we can better respond to growing expectations around quality, transparency, and innovation.

We look forward to a productive and engaging experience as we work together to strengthen the role of auditors in today’s fast-changing environment.

Speakers

Rukshan Bharatha

Partner, Controls Assurance, Deloitte

Sampath Jayawardena

Senior Director, Climate Change and Sustainability Services (CCaSS), Ernst & Young

Jagath Perera

Partner – Governance Risk & Compliance Services, Forensic Services Risk Management Partner, KPMG

Supun Muthukuda

Associate Director, Audit & Assurance, BDO

Mohamed Ishraq Faisal

Deputy Head of FIU, MMA

Ibrahim Fazeel

Assistant Auditor General, AGO & Council Member, CA Maldives

Ahmed Salih

Director – Technical Services and Research Department, AGO

Hawwa Saaiga

Director, Financial and Compliance Audit (SoEs and PLCS), AGO

Hassan Mohamed

Managing Partner, Crowe Maldives LLP

Fareeha Shareef

Managing Partner, Nexia Maldives Assurance LLP

Sudhuna Sulaimaan

Partner, AIX Associates LLP

Krishna Rengaraj

Senior Partner, EY Maldives

Dheena Rafiu

Manager, Financial and Compliance Audit (SoEs and PLCS), AGO

Agenda

Date: 19 July 2025 | Saturday
Venue: Kamana Maalan (G. Seeraazee, 3rd Floor)

08:15 – 09:00

Registration and Arrival of Participants & Guests

09:00 – 09:05

Recitation of Holy Qur’an
Ms. Aminath Nasha – CA Maldives

09:05 – 09:15

Welcoming Remarks by the President of CA Maldives
Mr. Mohamed Haleem Abdulla – President, CA Maldives

09:15 – 09:25

Speech by the Chief Guest
Mr. Hassan Ziyath – Former Auditor General & Past President of CA Maldives

09:25 – 09:40

COFFEE BREAK & NETWROKING

09:40 – 10:25

Panel Discussion: SOE Audits and Their Quality Management
Mr. Ibrahim Fazeel – Assistant Auditor General, AGO
Mr. Ahmed Salih – Director, Technical Services and Research Department, AGO
Ms. Hawwa Saaiga – Director, Financial and Compliance Audit (SoEs and PLCS), AGO
Moderator:
Ms. Dheena Rafiu – Manager, Financial and Compliance Audit (SoEs and PLCS), AGO

10:25 – 11:10

Panel Discussion: Pricing Professional Services
Mr. Hassan Mohamed – Managing Partner, Crowe Maldives LLP
Ms. Fareeha Shareef – Managing Partner, Nexia Maldives Assurance LLP
Ms. Sudhuna Sulaiman – Partner, AIX Associates LLP
Mr. Krishna Rengaraj – Senior Partner, EY Maldives
Moderator:
Mr. Ibrahim Fazeel – Council Member, CA Maldives

11:10 – 11:25

COFFEE BREAK & NETWROKING

11:25 – 12:25

Implementing ISQM 1 and ISQM 2
Mr. Supun Muthukuda – Associate Director, Audit & Assurance, BDO Sri Lanka

12:25 – 13:25

LUNCH & PRAYER BREAK

13:25 – 13:55

Domestic AML Obligations for Accountancy Professionals
Mr. Mohamed Ishraq Faisal – Deputy Head of FIU, MMA

13:55 – 14:55

Expectation on the Auditor under AML
Mr. Jagath Perera – Partner, Governance Risk & Compliance Services, Forensic Services Risk Management Partner, KPMG Sri Lanka

14:55 – 15:55

Audit of IT for Financial Statement Auditors
AI Transforming Audit Practices

Mr. Rukshan Bharatha – Partner, Controls Assurance, Deloitte

15:55 – 16:10

COFFEE BREAK & NETWORKING

16:10 – 17:10

Assurance on ESG: Embracing ISSA 5000 in Our Practice
Mr. Sampath Jayawardena – Senior Director, Climate Change and Sustainability Services (CCaSS), Ernst & Young

17:10 – 17:15

Closing Remarks
Mr. Ali Muaaz – Council Member, CA Maldives

17:15 – 17:25

Photo Session & Networking

Sponsored By

AIX
BDO
Crowe
Deloitte
EY
Faris & Co
KPMG
MHPA
Prudent
QVL