LAR conference: Role of auditing in an environment of technology and cyber threats

2026-09-11

Picture for LAR conference: Role of auditing in an environment of technology and cyber threatsDeputy Auditor General Živilė Kindurytė, together with Danguole Krištopavičienė, Head of the Financial Audit Department 1, and Giedre Stalauskienė, Head of the Financial Audit Department 2, are taking part in the Lithuanian Chamber of Auditors (LAR) conference „Resilient Audit: Security, Technology and Professional Value“.
  
The conference focuses primarily on the auditor’s role in a rapidly changing environment – the prevention of money laundering and other financial threats, professional scepticism, new regulatory requirements, the application of advanced technologies and cyber security. Discussions will also cover how new technologies are changing audit procedures, competencies and the value created by the profession itself.
  
“An auditor’s responsibility is to be able to spot signs of potential risk: unusual cash flows, economically unjustified transactions or other discrepancies requiring explanation. Every institution must be clear about the limits of its responsibilities, but at the national level it is important that there are no blind spots on the risk radar and that any signals detected are not left unaddressed,” says Deputy Auditor General Živilė Kindurytė.
  
During a discussion held at the event, Ms Kindurytė, together with representatives from the Financial Crime Investigation Service, the State Tax Inspectorate, the Audit, Accounting, Property Valuation and Insolvency Management Service and the Anti-Money Laundering Competence Centre, discussed the new anti-money laundering regulations and the practical challenges of their implementation. The discussion also covered public procurement as a high-risk area, the implementation of targeted financial sanctions, and their impact on audit procedures carried out by independent auditors in accordance with international auditing standards.
  
The conference devoted considerable attention to technological audit resilience: the use of advanced technologies in assessing the risks posed by clients and beneficiaries was examined, and cyber security threats were discussed. According to the speakers, audit resilience is not built solely on technology or new methodologies. It is underpinned by competent people who are able to adapt to change and maintain professional scepticism and independence.
  
Representatives of the National Audit Office participate in and exchange knowledge at professional conferences organised by the LAR every year. Sharing experience between the public and independent audit communities helps to strengthen professional competencies and work towards a common goal – greater transparency, accountability and public trust.