»»   REGISTER 
A lot of excellent information was presented. Great resource material to follow up on. - Associate Vice-President, Financial Services
University of Saskatchewan
 
 
 

Public Sector Internal Controls

Managing Internal Controls to Shield Your Organization's Reputation


May 22 - 23, 2019 · Ottawa, Ontario
 
   
 
Conference Day One: Wednesday, May 22, 2019
 
7:30 - 8:30        Registration and Continental Breakfast
 
8:30 - 8:40
Welcome and Opening Remarks from the Chair
John Lark, Managing Principal, Coherent Advice
 
8:40 - 9:40
Opening Keynote Address- Public Sector Governance: Insights for Internal Controls and Risk Governance in Public Institutions
Dr Richard Leblanc, Professor of Governance, Law & Ethics, York University
  • Role of the Board of Directors in internal control oversight
  • Risk appetite framework and internal controls
  • Assurance over the design and testing of internal controls
  • Where internal control weaknesses frequently occur
  • Internal controls over non-financial risks
  • The link between risk-taking and incentive pay
  • Independence of internal audit, risk and compliance functions
 
9:40 - 10:00        Networking Break
 
10:00 - 11:00
Data Analytics and Continuous Monitoring for Policy Compliance & Risk Mitigation
Darrell Mathews, Financial Processes & Controls Manager, City of Lethbridge
  • Benefits of data analytics and Continuous Controls Monitoring
  • Why the City of Lethbridge needed a solution
  • Integrating risk assessments and data analytics for Policy Compliance and Risk Mitigation
  • Examples of Continuous Controls Monitoring and data analytics for Policy Compliance and Risk Mitigation
    1. Employee Reimbursement Analytics (T & E Expenses & Cell Phones)
    2. Policy attestations
    3. PCI Assessments
  • Where Lethbridge’s control program is heading
 
11:00 - 12:00
Internal Audit's Role in Supporting Good Governance in the Public Sector
Nick Rolfe, Partner, KPMG Risk Consulting Services
  • Speaking frankly to key stakeholders
  • Embedding internal audits to ensure discussions
  • Understanding clear roles in governance
  • Managing complex multi-year initiatives
  • Making sure the right information is being reported
  • Risk, delays and overruns
 
12:00 - 1:15        Luncheon Break
 
1:15 - 2:15
Lessons from the Frontlines: Internal Controls in the Federal Government
Howard Godby, Manager, Financial Policy and Internal Control, Canada School of Public Service
  • Operations of internal controls in the federal government environment
  • Practical realities of working daily on the frontline
  • Challenges of communicating financial risk to senior management
  • Experience matters - lessons learned from case studies
  • Valuing media and the Office of the Auditor General in supporting internal controls
 
2:15 - 2:30        Networking Break
 
2:30 - 3:30
Industry Insights on Using Analytics in Internal Controls
Amie Das, Senior Manager, Forensic Services, KPMG
  • Tools and tricks to analyzing data
  • Detecting inappropriate activity and fraud
  • Increase certainty in your decision making by utilizing data analytics
  • Explore the benefits of increasing departmental transparency
 
3:30 - 4:20
Moving from ICFR to ICFM – Lessons from the Trenches
Cara Cosgrove, Manager, Internal Controls, Department of National Defence
Kristann Rose, Owner and Principal Consultant, KER Consulting Inc.
  • Practical tools, tips, and lessons learned in effectively (and efficiently!) transforming from a focus on internal controls over financial reporting (ICFR) to the broader context of financial management including those provided in the Treasury Board Policy on Financial Management. The presenters are hands-on practitioners that will leverage their experience working within Government of Canada organizations to provide a view of:
  • Critical success factors in navigating the transformation to Internal Controls for Financial Management;
  • How to effectively leverage and transition existing ICFR work, practices and tools; and
  • Building sustainability into control documentation, testing and monitoring.
 
4:20        End of Day One
   

SHARE:

 
 

Operational and compliance risks have become complex and entwined, increasing the potential for failed processes that govern control breakdowns. A holistic governance approach, that brings the entire risk portfolio of an organization together, is now followed by today’s OpRisk leaders.

You need to mitigate risks with an eye on the big picture. Cybersecurity ranks as the #1 priority for financial institutions today, affecting all functions within your organization. Many risk leaders without technical skills are overwhelmed by the scale of the potential threat.

Infonex's Operational Risk event, now in its 14th year, will provide you with strategies to focus your efforts on mitigating risk in the current regulatory environment. Learn how you can improve conduct, culture, and customer experience; not in isolation, but combined to truly seize a competitive advantage.

As a leader with risk oversight you are in a constant need to strengthen your systems against dynamic, ever-changing risks. Get guidance on your most pressing operational risk challenges.

Telephone: 1.800.474.4829  |   360 Bay Street, Suite 900, Toronto, ON  M5H 2V6   |   Fax: 1.800.558.6520  |  Contact Us
© 2000-2018 INFONEX Inc.