Internal Controls - Calgary
Planning for a Sustainable Future in Compliance: Translating Theory into Practice
Conference: October 21 and 22, 2008
Hyatt Regency Calgary · Calgary, Alberta
Day One - Internal Controls - Calgary
Tuesday, October 21, 2008
| 8:00 - 9:00 |
Registration and Continental Breakfast |
8:QQ - Q:QQ |
9:00 - 9:10
Welcome and Opening Remarks from the Chair
Nitin Khare, Senior Manager, Risk Advisory Services, BDO Dunwoody LLP
9:10 - 10:10
Case Study
Enhancing Corporate Governance through Respective Risk-Based Testing of Internal Controls
Kaveh Rikhtegar, Director, Office of the Auditor General of Canada
- Scoping and validation of business processes using a top-down risk-based approach
- Reducing cost, balancing test plans, and leveraging self-assessments
- Entity-level and general computer control approaches
| 10:10 - 10:30 |
Networking Break |
10:10 - 10:30 |
10:30 - 11:30
Case Study
Lessons Learned in Internal Control Compliance
Barry Yuzwa, Senior Director, Audit, Internal Control and Compliance Services, Enbridge Inc.
Lori Caltagirone, President, Sunesis Consulting Inc.
- Lessons learned in internal control compliance from Canadian and U.S. perspectives
- Integrating large and small company perspectives
- Assessing design and operating effectiveness of controls
- Designing assessments based on size and complexity of organization
11:30 - 12:30
Update Session on 52-109: New Regulations and How They Will Impact Your Company
Fred Snell, Chief Accountant, Alberta Securities Commission
- Comments on new regulations and how to interpret them
- Identifying the impact of these new regulations on your company
- Exploring what these changes will mean for the future
- How these regulatory changes will affect your certification process
| 12:30 - 1:45 |
Luncheon Break |
12:30 - 1:45 |
1:45 - 2:45
Ethical Tone at the Top: Your Best Line of Defence
Gordon Chan, Partner, Enterprise Risk Services, Meyers Norris Penny LLP
- Studying the ethical tone at the top of a leading organization
- Understanding the ethics and value continuum
- Defining management's responsibilities
- Identifying the top ten entity-level controls essential to achieving an effective ethical tone at the top
| 2:45 - 3:00 |
Networking Break |
2:45 - 3:00 |
3:00 - 4:00
Anti-Fraud: Building and Testing a Sustainable Plan over Time
Suzanne Schulz, Senior Manager, Forensic, KPMG LLP
- Strengthening anti-fraud controls at every level
- Testing anti-fraud programs and controls
- Designing a plan to maintain controls over time
- Moving forward from initially implemented anti-fraud measures
4:00 - 5:00
Beyond Identification: Monitoring Your Entity-Level Controls
Lori Caltagirone, President, Sunesis Consulting Inc.
Bill Ardiel, Manager, Internal Controls, Agrium Inc.
- COSO guidance on monitoring operating effectiveness of entity-level controls
- Practical methods for implementing, enhancing, and evaluating entity-level monitoring controls
- Lessons learned on leveraging entity-level monitoring controls
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