Internal Controls 2008 - Toronto
Practical Solutions for Ongoing Compliance Challenges
Conference: August 19 and 20, 2008
Optional Workshop: August 21, 2008
Radisson Admiral Harbourfront Hotel · Toronto, Ontario
Optional Workshop Program Agenda
Thursday, August 21, 2008
9:00 - 12:00
Workshop One
Leveraging Technology to Streamline Your Compliance Framework
Steve Taylor, President, Resolver Inc.
Without proper systems in place, keeping track of your internal controls can be time consuming, confusing and can increase compliance costs. Learn how you can leverage technology to streamline your certification efforts and consequently, decreasing the time spent documenting and testing your processes.
- Risk assessment: using technology to enhance the risk assessments required by a top-down approach
- Accelerating the scoping process and reducing controls being tested
- Eliminating overlap between compliance areas: never ask the business the same question twice
- Streamlining top-down risk process
- Eliminating duplication of efforts
- Bringing disparate risk and compliance functions together
1:00 - 4:00
Workshop Two
Integrating Testing Strategies and Methodologies to Increase Effectiveness and Efficiency
Brent Kenny, Manager, Business Risk, Protiviti
- Performing a control optimization/rationalization exercise to reduce testing work
- Decreasing resources spent while increasing effectiveness
- Rationalized documentation and testing efforts moving forward
- Implementing a “risk-based” testing approach for internal controls
- Creating a sustainable control structure
- Managing entity- and activity-level controls to minimize risks
- Developing effective testing plan
- Testing internal controls: ensuring maximum results
- Testing the operating effectiveness of entity-level controls: successful interview processes and other techniques
- Documentation and walkthroughs
- Effective strategies for testing of operating fffectiveness
| 
