8:00 - 9:00 | |
Registration and Continental Breakfast |
9:00 - 9:15
Welcome and Opening Remarks from the Chair
Nitin Khare, Senior Manager, Risk Advisory Services, BDO Dunwoody LLP
9:15 - 10:15
Shadows of Bill 198 Compliance ‚ A View From the Trenches
Arnold L. D'Souza, Compliance Manager, Finning International Ltd.
- Managing risk of misstatement due to error or fraud
- fraud risk assessment ‚ identifying efficient cause
- segregation of duties ‚ a continuing headache
- changes in controls ‚ an underestimated challenge
- rationalizing & refining controls ‚ a rich harvest
- entity level detective controls - the power of financial reporting that can be harnessed for Bill 198 compliance
- Resistance from ëinsidersí‚ unexpected suspects
- Identifying and empowering owners ‚ Business process owners the unwilling heroes
10:15 - 10:30 | |
Networking Break |
10:30 - 11:30
Leveraging Technology to Streamline Your Compliance Framework
Steve Taylor, President and CEO, Resolver
- Risk assessment: using software to enhance the risk assessments required by a top-down approach
- Scoping: using technology to accelerate the scoping process and allow companies to reduce the controls they test
- Eliminating overlap between compliance areas: never ask the business the same question twice!
11:30 - 12:30
Internal Controls Testing: General Computer Controls (GCCs)
Diego Tabares, Manager, Business Risk Services, Grant Thornton LLP
- Defining and scoping controls for testing IT GCC: obtaining risk coverage with reduced work efforts
- Proceduralizing IT GCC testing: moving from project to process
- Documentation, reporting, and remediation of deficiencies
- Testing outsourced IT environments: 5970 and SAS70 testing
1:45 - 2:45
Control Optimization and Risk-Based Testing
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
2:45 - 3:00 | |
Networking Break |
3:00 - 4:00
Successfully Incorporating Internal Controls within Your Organization to Achieve Compliance and Minimize Cost
Edward Baird, Coordinator, Business Processes, Explosives Limited
- Successfully implementing internal controls in your organization
- Leveraging available tools
- Rationalizing key controls
- Streamlining and tailoring approach to fit your business process
- Developing a top-down, risk-based approach
- Testing and assessing key controls
- Documenting procedures and remedial efforts
4:00 - 5:00
Integrating Cost-Effective Compliance Strategies into Business Processes: Maintaining Certification Efforts with Minimal Resources
Craig Trail, Partner, Deloitte LLP
- Strategies to successfully support efficient compliance and enhance profitability
- Deriving value from the SOX 404 compliance process and applying this to NI 52-109
- Integrating compliance within a holistic enterprise risk management vision
- Reducing cost, balancing test plans, and leveraging self-assessment
- Adding focus and value through risk assessment linked to key performance indicators
- Common opportunities and quick wins in business operations and finance
| 
