Internal Controls - Toronto
Integrating Internal Control Compliance with Your Everyday Business Processes
Conference: December 2 and 3, 2008
Optional Workshops: December 4, 2008
Toronto, Ontario
Conference Program Agenda - Day Two
Wednesday, December 3, 2008
| 8:00-9:00 |
Continental Breakfast |
8:00-9:00 |
9:00-9:10
Opening Remarks from the Chair
Massood Oroomchi, Partner, FinEx Group
9:10-10:10
Case Study Panel Discussion:
Best Practices and Lessons Learned from Three, Leading Organizations
MODERATOR: Hubert Huang, Associate Director, Protiviti
- Overview of market trends
- Identifying experiences and lessons learned
- Focusing on improvement opportunities and next steps
- Question and answer session
| 10:10-10:30 |
Networking Break |
10:10-10:30 /nobr> |
10:30 - 11:30
Control Rationalization: Reducing the Scope of Controls
Rani Turna, Partner, Advisory Services, PricewaterhouseCoopers LLP
- Rationalization, optimization, and improvement (ROI)
- Determining the proper framework needed to rationalize controls
- Assessing risk requirements for testing controls
- Making testing a sustainable process rather than a one-time project
11:30 –12:30
Enhancing and Sustaining IT Controls
Chris Anderson, Partner, Specialist Advisory Services, Grant Thornton LLP
Tom Marinelli, Chief Information Officer and Vice-President, Information Technology, Ontario Lottery and Gaming Corporation
- Identifying the IT controls environment
- Catching up with an expectation of maturity equivalent to engineering discipline; the rapid pace of change
- Moving to the next plateau: going beyond point solutions and responding to auditor comments
- Building a framework: COBIT, accountability, discipline, CMM, and process maturity
- Becoming organized for success: structure, culture, and behaviours
- Challenges and lessons learned
| 12:30 - 1:45 |
Luncheon Break |
12:30 - 1:45 |
1:45 - 2:35
Exploring Your Best Measures Against Fraud
Jerry Gaertner, Director, Soberman LLP
- Fraud and your organization
- Strategies of fraud prevention at all organizational levels
- Anti-fraud programs and internal controls: the key synergistic relationship
- Getting started with anti-fraud initiatives
| 2:45 - 3:00 |
Networking Break |
2:45 - 3:00 |
3:00 - 4:00
Beyond Identification: Monitoring Your Entity-Level Controls
Lori Caltagirone, President, Sunesis Consulting Inc.
Bill Ardiel, Manager, Internal Controls, Agrium Inc.
- Identifying different types of entity-level controls
- 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
4:00 - 5:00
Exploring the Sustainable Future: Where We're Heading in the Next Phase of Internal Controls
Peter Yien, Partner, Enterprise Risk, Deloitte & Touche LLP
- Designing a framework to be sustainable over time
- Incorporating a compliance plan into the fabric of your company
- Generating a routine baseline for testing
- Establishing a maintenance plan of ongoing testing and documentation
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