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 Two - Internal Controls - Calgary
Wednesday, October 22, 2008
| 8:00 - 9:00 |
Continental Breakfast |
8:00 - 9:00 |
9:00 - 9:10
Opening Remarks from the Chair
Nitin Khare, Manager, Risk Advisory Services, BDO Dunwoody LLP
9:10 - 10:10
Implementing IT General Controls in Medium-Sized Businesses
Andrew Boulton, TRS Team Lead, Western Canada, Technology Risk and Security, BDO Dunwoody LLP
- Designing and implementing general computing controls (GCCs): an introduction
- Confronting IT control challenges facing mid-sized companies
- Devising strategies to remediate deficiencies
| 10:10 - 10:30 |
Networking Break |
10:10 - 10:30 |
10:30 - 11:30
Risk-Based Testing and Rationalizing Controls
Corey Wells, Managing Director, Sunera Canada
- Determining the right controls to test
- Understanding the controls "ROI" (rationalization, optimization, and improvement)
- Leveraging entity-level controls to reduce testing
- Assessing the risk requirements for testing controls
- Tiering testing approaches to accommodate differing levels of risk
- Analyzing challenges and leading practice on testing strategies
11:30 - 12:30
Case Study
SOX 404: Initial Compliance and Beyond
Bill Hewson, Chief Internal Auditor, Canadian Pacific Railway
Alistair Bryden, Partner, Advisory Services, PricewaterhouseCoopers LLP
- Exploring the compliance journey: lessons learned in SOX compliance
- Identifying changes since initial SOX 404 compliance
- Focusing on the years beyond compliance
- Acknowledging the internal audit evolution: from assisting with compliance to total independence
| 12:30 - 1:45 |
Luncheon Break |
12:30 - 1:45 |
1:45 - 2:45
Key Issues in Corporate Governance
Maggie Kiel, Partner, Enterprise Risk Services, Meyers Norris Penny
- Corporate governance: international trends and drivers
- Examining some of the key challenges organizations face
- Enterprise risk managment's role in corporate governance: how can it assist?
| 2:45 - 3:00 |
Networking Break |
2:45 - 3:00 |
3:00 - 4:00
Enterprise Risk Management: A More Pragmatic Approach
Amit Prabhu, Trident Exploration
- Driving oversight of risk in an organization
- Emerging trends in enterprise risk management (ERM)
- Challenges to successful implementation of ERM
- Key success factors and leading practices around ERM
4:00 - 5:00
Sustaining Controls: Making Compliance an Ongoing Process Rather Than a One-Time Project
Nitin Khare, Senior Manager, Risk Advisory Services, BDO Dunwoody
- Creating a sustainable program
- Best practices in achieving compliance
- Making your internal controls implementation project an ongoing process
- Key control rationalization
- Suggested ongoing timelines
- Establishing a process of ongoing testing and documentation
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