Independent Member of the Audit Committee

United Kingdom


Melvyn has over 30 years experience in Internal Audit. He is also a qualified accountant. He has led internal audit functions in both the private and public sectors including manufacturing, logistics, banking, financial services and central government, most notably as Director of Internal Audit for Her Majesty’s Revenue and Customs, the UK’s tax authority.

Melvyn retired from full-time employment in 2012 but is currently an independent member of the audit committee for the Office of Rail and Road, the safety and economic regulator for Britain’s railways and monitor of performance and efficiency for England’s Strategic Road Network, vice-chairman of the Joint Audit Committee for Hampshire Police and an independent audit committee member for a private company responsible for the administration of racecourse bookmakers and the conduct of on-course betting.

Melvyn is a past President of the Chartered IIA for the UK and Ireland and in 2016 he was presented with a distinguished service award in recognition of his outstanding service to the profession of internal auditing. For the last four years he has represented the UK & Ireland on the management board of the ECIIA where he chairs the Governance Committee and the recently formed Public Sector Committee.


 15:50 - 16:40 (04/10/2018)


(AUDITORIUM) C.S 3.4. What do Audit Committees expect from Internal Audit? Are these expectations always met?

Melvyn Neate has spent a great deal of time in his career working with Audit Committees.

His work has ranged from providing information and advice to committees as an internal auditor to chairing committees and reporting their work to boards. As a result, he is now firmly convinced that an Audit Committee is a key component of governance, providing support, assurance and challenge to the Board and executive management and consequently making a major contribution to an organisation’s success.

Melvyn will share his experiences with the audience in Madrid, both good and bad and, whilst his presentation will include a bit of theory, the majority of what he has to say is based on actual experiences. He will be able to explain what works well and what doesn’t!

Essential to Audit Committee success is an effective relationship with Internal Audit. The presentation will closely examine this relationship and will look at what the Audit Committee expects from Internal Audit and how these expectations can be met, or even exceeded, illustrated by actual examples.

Internal Audit will only prosper if it understands the Audit Committee’s expectations and continues to adapt and improve in line with these expectations.

 14:00 - 15:00 (05/10/2018)


(AUDITORIUM) Plenary Session 5: Discussion Panel. Future challenges for Audit Committees

Audit committees from different business agree with the fact that they face several threats from political and economic uncertainty, as well as regulatory compliance (especially aligning local and general laws and regulations).

Let´s not forget the “not so new” digital revolution the world is facing which impacts in businesses on a global scale and is a disruption threat that concerns audit committees.

These challenges are greater than ever due to the fast changes businesses are facing globally. To better understand these challenges, this discussion panel counts with highly skilled Board Members / Chairs of Audit Committees of some of the finest and most distinguished companies from Europe.







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