Internal Audit & Risk Assurance
Be an Early Bird! Register before 15 July 2011 and save up to US$ 3,380!
25 – 29 September 2011 • Dusit Thani Hotel, Dubai, UAE
Reassessing The Role Of Internal Audit And Risk Assurance To Enable And Support Business Goals
A diversified learning experience with international and regional thought leaders: Directors & Vice Presidents Of Audit & Risk Management
International Insights Robert Rudloff Vice President Internal Audit MGM Resorts International, USA Keith Read Director Group Compliance & Ethics BT, UK Roger Hickman Head of Business Integrity Shell, The Netherlands Burzin Dubash Executive Director Axis Risk Consulting, India
Critical Learning Areas Mitigating
The Added Cost Of Fluctuating Risks Value Operations And Business Goals Management’s Supporting Role In Maintaining A Robust Organisation Preventing Fraud Related Losses Overcoming Compliance Hurdles With The Updated Bribery Act Combating The Constant Threat Of Corruption Creating Leverage Between Internal Audit And Risk Management Increasing Scope Of Internal Audit: Buy-In With Process Owners And Stakeholders Adding
Furqan Ali Nasri Director Internal Controls Assessment Siemens Middle East, KSA
Zeid Jaradat Group Head of Internal Audit AW Rostamani Group, UAE
Aley Raza Vice President Internal Audit ENOC, UAE
Paul Shantz Head Of Internal Audit NCB Capital, Bahrain
Ahmed Al Ansari Audit & Risk Assessment Group Director Dubai Aviation City Corporation, UAE Harsh Mohan Vice President Internal Audit & Risk Management Etihad Airways, UAE Rehan Khalid Resident Vice President Citibank, UAE Prashanth Naik Executive Director Internal Audit Dubai Properties Group, UAE Hussam A. Abu Aisheh Executive Vice President Chief Of Internal Audit, Sharjah Islamic Bank, UAE Avinash Totade Vice President Internal Audit Dubai Aluminum Company, UAE
Comprehensive and intensive learning facilitated by leading practitioners: Workshop A: Increasing Depth And Scope Of An Audit: Creating Buy-In With Process Owners And Stakeholders Workshop B: Identifying And Monitoring Key Risk Indicators (KRIs): Developing A Targeted Internal Audit Plan Workshop C: Avoiding Fraud Related Losses: Developing Effective Fraud Indicators And Anti-Fraud Frameworks For Early Detection And Prevention Workshop D: Integrated Assurance Framework: Practical Tools And Strategies To Implement An Integrated Assurance Framework
See page 7 for more details
Plus! Certificate In Internal Audit
Heads Of Internal Audit
In association with
27- 29 September 2011
Led by renowned expert Phil Griffiths, Founder & Managing Director, Business Risk Management, UK See page 6 for more details
Kalim Ahmed Khan, General Manager Group Internal Audit Majid Al Futtaim Group, UAE Shagufta Farid Head Of Internal Audit & Compliance Finance House, UAE Shabbir Jawadwala Chief Internal Auditor Tameer, UAE And Many More!
www.iirme.com/internalaudit
New mme 2011 Progra 85% New Speakers From Across Different Industries And Sectors More Networking Opportunities With Structured Sessions And Hosted Lunches Maximised Interaction With Open Forums, Q&A’s And Interactive Panels The Bribery Act A Major Audit, Risk Compliance And Procurement Challenge Overcoming Corruption Risks Corruption Risk Management Internal Audit Effectiveness Measuring KPIs, Balanced Scorecard & Quality Assurance Review Strategically Aligning Internal Audit To Contribute To Business Objectives
Sponsor
Exhibitors
Internal Audit & Risk Assurance 25 – 29 September 2011 | Dusit Thani Hotel, Dubai, UAE
Time Critical Sessions tailor-made to meet your needs: The Evolving Role Of Internal Audit • Where should the internal audit profession be going • Strategically aligning internal audit: Contributing to Overall Business Performance • Maintaining A Robust Internal Audit Plan: Developing A Flexible Audit Plan To Target Emerging Risks
Metrics & Effectiveness • Measuring the impact of advisory services provided by audit functions: using balanced scorecard • Engaging auditees as active partners in the audit process • quality assurance review of internal audit • Proactively measuring factors of internal audit effectiveness • Developing objectives and KPIs for the internal audit function and preparing performance reports for audit committees and senior management • Building constructive communication channels with management to promote internal audit within the organisation
Corporate Governance & Compliance • Does Internal Audit’s Performance Align With Management’s Expectations • Audit’s Role In Reviewing The Company’s Corporate Governance Framework • Audit Committees: A Call To Excellence • Who Should Internal Audit Report To: Its Implications On Objectivity, Effectiveness And Business Goals • Internal Audit’s Changing Relationship With Compliance
20+
Leading Experts from: • IT • Construction • Retail • Automotive • Travel & Leisure • Shipping • Logistics
• Banking & Finance • Oil & Gas • Real Estate • Hospitality • Telecoms • Manufacturing • Aviation
Who you will meet Directors, Heads of, Managers:
Internal Audit Risk Management Risk Assurance Risk Assessment Control Risk Compliance Legal & Compliance Fraud Control Fraud & Investigation
Internal Controls Corporate Governance Ethics Quality Policies & Procedures Financial Controller IT Audit Financial Audit
Fraud, Forensics & Anti-Bribery • Implementing An Effective Fraud And Forensic Auditing Process • The Bribery Act: A Major Audit, Risk Compliance And Procurement Challenge • Navigating Anti-Corruption Risk Management: Developing Corruption Risk Indicators
Risk Management & Assurance • Designing Frameworks To Support Effective Management Of The Highest Compliance Risks • Adopting And Embedding ERM In Your Organisation: The Pros And Cons • Identifying And Monitoring KRIs: Raising Reliability And Preparedness Of Internal Audit
Internal Audit is evolving so rapidly and each day brings a new challenge to any business. Internal Auditors need to keep learning and improving their qualifications to face those challenges. Part of the development of Internal Auditors is sharing experience and exchanging information for which Internal Audit & Risk Assurance presents a unique opportunity. Ghaith R. Fayez, Lead Auditor, Saudi Aramco, KSA
Past Participants Include: Al Baraka Islamic Bank • ARABSAT • Gulf International Bank • Al Ghanim Industries • Qatar Telecom • SAMBA Financial Group • Saudi Arabian Mining Co. • Saudi Aramco Mobil Refinery • Saudi British Bank • Siemens • National Bank Of Abu Dhabi • Dubai Aluminium Co.Ltd • Egyptian General Petroleum Corp. • Kuwait Petroleum Corporation • Saudi Electricity Company • National Drilling Company • Invest AD • ADMA-OPCO • The National Commercial Bank • Arab Monetary Fund • DP World • GASCO • ADNOC • HSBC • Oman LNG • Central Bank Of Kuwait • Arab National Bank • ZADCO • Abu Dhabi Investment Authority • Oman Housing Bank • Kuwait Finance House • American University Of Sharjah • Saudi Electricity Company • Coca Cola • Ministry Of Defence Muscat • Bank Indonesia • Abu Dhabi Ports Company • State Audit Bureau Qatar • Abu Dhabi Electricity And Water Authority • Saudi Oger • Etisalat • Dolphin Energy Ltd • Department Of Finance – Dubai • Tadawul • Emaar Economic City • Dubai Gold & Commodities Exchange • Marafiq • Roads & Transport Authority • ALDAR Properties • And Many More
Not only the selection of the topics, but the mix of unique methodologies and techniques in Internal Audit and risk consultations are really very attractive for internal auditors who are willing to learn, share and upgrade their own professional experience. Zeid Jaradat, Group Head of Internal Audit, AW Rostamani, UAE
Follow us on: www.twitter.com/@jennyiir #internalaudit www.youtube.com/iirmiddleeast
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Tel: 971-4-335 2437
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www .linkedin.com/IIR Middle East – Finance and Banking Group
Fax: 971-4-335 2438
Email: register@iirme.com
Web: www.iirme.com/internalaudit
Conference Day 1: Agenda Sunday, 25 September 2011 08:00
Registration And Morning Refreshments
08:45
Opening Remarks From The Chair Phil Griffiths, Founder & Managing Director, Business Risk Management, UK
Metrics & Effectiveness 12:00
The Evolving Role Of Internal Audit 09:00 Opening Panel
Where Should The Internal Audit Profession Be Going? - Revaluating the role of internal audit in changing times - Providing objective reports on business activities - The impacts of organisational and external changes on internal audit functions - How is internal audit responsible for business objectives? Hussam A. Abu Aisheh, Executive Vice President, Chief Of Internal Audit, Sharjah Islamic Bank, UAE
Furqan has held leadership positions at Fortune 100 companies such as Siemens, Motorola, Deloitte and ABC Television. He has led highly effective teams in assignments covering IT Services Rollouts, Establishing Project Management Offices, Implementing ERM Solutions, and establishing Corporate Governance Programs.
12:45
Prior to joining Sharjah Islamic Bank, Hussam worked with KPMG managing a diversified portfolio of statutory audit clients operating in different industries as well as being involved in forensic engagements.
Kalim Ahmed Khan, General Manager, Group Internal Audit, Majid Al Futtaim Group, UAE
Kalim Khan is General Manager of Group Internal Audit at Majid Al-Futtaim (MAF) Holdings, and possess more than sixteen years of experience in the field of auditing and quality assurance. Prior to MAF, Kalim worked for KPMG Lower Gulf, Philips Electronics and Citibank NA.
Shabbir Jawadwala, Chief Internal Auditor, Tamweer, UAE
Since 2006 Shabbir has been the Chief Internal Auditor at Tameer Holding Investment , reporting to the Board and Audit Committee. Prior to joining Tameer he was the Director of Internal Audit at Omantel.
Avinash is the secretary of the Governance and Internal Controls Committee of Dubai Aluminum Company. He is responsible for managing a world class assurance function and has a passion for corporate governance. He is an advisor to the Finance and Audit Committee of Emirates Aluminum Company and also serves as Vice President on the board of the ISACA UAE Chapter.
Strategically Aligning Internal Audit: Contributing To Overall Business Performance Regional - Meeting business expectations: How internal audit supports Keynote business performance and objectives - Defining the role of internal audit within the wider corporate governance framework - Structuring internal audit to promote objectivity, consistency and business understanding - Ensuring that internal audit contributes to KPIs and brings added value to the business Harsh Mohan, Vice President - Internal Audit & Risk Management, Etihad Airways, UAE
Maintaining A Robust Internal Audit Plan: Developing A Flexible Audit Plan To Target Emerging Risks Interactive - Major requirements for an internal audit plan: Risk Assessment, BOD expectations, Audit Committee concerns, ERM updates, Key Business Session Strategic Plans - Developing and maintaining a KRI dashboard, automation of the risk factors and defining thresholds - Continuously monitoring risk factors and KRIs - Being prepared: Developing an action plan for possible scenarios and appropriate contingency plans - Updating audit plans: Addressing new and emerging risks Zeid Jaradat, Group Head of Internal Audit, AW Rostamani, UAE A Certified Internal Auditor, Fraud Examiner and Risk Professional, Zeid established the Risk Management function for the AW Rostamani Group. His previous experience includes international assignments in USA, Italy, Portugal, UK, North Africa and Middle East for the Big Four.
14:30
09:45
Meeting Accelerator - Structured Networking Session A structured session designed to give you the opportunity to meet all Interactive participants including your peers, industry leaders and speakers. Session Share your concerns, success stories, practices and insights - one professional to another. Bring plenty of business cards! Refreshment Break
11:15
Emerging Trends In Internal Audit - Maturity assessment of current state - Practical aspects of how to move up the value curve - Areas where Internal Audit can add value • Contract review • Model reviews • Program management Burzin Dubash, Executive Director, Axis Risk Consulting, India
Burzin Dubash has been with Axis Risk Consulting for the last 6 years, having joined as part of the founding team in 2005. At Axis, Burzin is responsible for clients within the Telecom, Technology, Logistics, Automotive and Hospitality sectors and is closely involved in managing Process Improvement, Internal Audit, Sox Advisory, Enterprise Risk Management and Fraud Assessment & Investigation projects. His prior experience spans 12 years at Arthur Andersen and Ernst & Young in their Assurance & Risk Advisory practices. Burzin is a Chartered Accountant and a Certified Fraud Examiner. He is also a Fulbright Scholar having participated in the Fulbright-Nehru-CII Fellowship Program at Carnegie Mellon University’s Tepper School of Business.
Tel: 971-4-335 2437
Fax: 971-4-335 2438
Quality Assurance Review Of Internal Audit - Quality Assurance: Defining its standards in an internal audit context - Evaluating various Quality Assurance Assessments: Selection and implementation - Understanding the quality maturity model and Quality Assurance Rating - Creating an accurate and practical quality assurance report - Assessing common challenges: Overcoming the implications Amr Sami El Kasaby, Group Chief Internal Auditor, Burgan Bank, Kuwait Amr is responsible for leading and directing all internal audit reviews/audits and special projects in the financial, operational, compliance and information systems areas of the Bank and its four subsidiaries.
15:15
Refreshment And Networking Break
15:30
Developing Objectives And KPIs For The Audit Function And Preparing Performance Reports For Audit Committees And Senior Management - Identifying KPIs and objectives for the audit function - Obtaining a reliable measure for audit function KPIs - Preparing performance reports for audit committees and senior management Kalim Ahmed Khan, General Manager, Group Internal Audit, Majid Al Futtaim Group, UAE
16:15
Building Constructive Communication Channels With Management To Promote Internal Audit Within The Organisation - Management’s requirements of internal audit - Delivering expectations: Building constructive communication channels - Continuously improve communication channels: Developing a long term alliance with management Hussam A. Abu Aisheh, Executive Vice President, Chief Of Internal Audit, Sharjah Islamic Bank, UAE
17:00
Overcoming Auditee Hostility To Internal Audit: Creating Buy-In With The Auditees To Expand Depth And Scope Of The Audit - Understanding the root cause of auditee hostility towards internal audit - Assessing various ways of redressing the root cause of auditee hostility towards internal audit - Liaising with management to assure the auditee of internal audit’s role in supporting organisational goals - Capitalising of the positive aspects of internal audit and utilising them to gain support from the auditee - Creating buy-in with the auditee Syed Ali Shah, Group Senior Manager Finance, Supreme Foods Group, KSA
17:45
Closing Remarks From The Chair
18:00
End Of Day 1
Harsh is responsible for the Governance, Compliance and Internal Audit functions of Etihad Airways. In addition he also looks after ERM. Prior to joining Etihad Airways he was the Auditor General of Air Canada.
10:30
Networking Lunch
13:45
Avinash Totade, Vice President Internal Audit, Dubai Aluminum Company, UAE
11:00
Measuring The Impact Of Advisory Services Provided By Audit Functions: Using Balanced Scorecard - Understanding the crucial advisory needs of executive management - Mapping the IA advisory services to Balanced Scorecard goals - Linking executive management needs with items on the audit plan - Implementing a web portal reporting system for holistic monitoring Furqan Ali Nasri, Director Internal Controls Assessment, Siemens Middle East, KSA
Email: register@iirme.com
Web: www.iirme.com/internalaudit
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Conference Day 2: Agenda Monday, 26 September 2011
08:30
Morning Refreshments
08:45
Opening Remarks From The Chair Phil Griffiths, Founder & Managing Director, Business Risk Management, UK
13:15
Settle the ongoing debate
Corporate Governance & Compliance 09:00 Does Internal Audit’s Performance Align With Management’s Expectations? International - Aligning internal audit’s performance with management expectations - Ensuring that internal audit performance is in sync with Keynote management’s expectations: A framework - Updating the framework: Ensuring internal audit continues to meet management’s evolving expectations Robert Rudloff, Vice President Internal Audit, MGM Resorts International, USA Bob is a 30 year veteran of the hospitality and gaming industry. Currently he is responsible for directing internal audit program at all MGM Resorts’ owned and operated properties. Prior to joining MGM Resorts, Bob was Director of Internal Audit Services with PricewaterhouseCoopers. Bob is a recognised leader in the internal auditing profession having held positions of leadership within the IIA at the local and international level for over twenty years.
Fraud, Forensics & Anti-Bribery 14:00
09:40 Audit’s Role In Reviewing The Company’s Corporate Governance Framework - Providing an objective evaluation of existing risks and internal control frameworks - Conducting a systematic analysis of business processes and associated controls - Assessing the accomplishment of corporate goals and objectives 10:25
Audit Committees: A Call To Excellence - The organisation’s Central nervous system - Identify areas requiring audit committees’ increasing understanding - What does an effective audit committee look like? - Audit’s role in supporting the audit committee’s pursuit of excellence - What are the committee’s criteria when evaluating internal audit? - Chief Audit Executive: How will his/her role evolve from here? Paul Shantz, Head Of Internal Audit, NCB Capital, Bahrain Paul has played leading roles in transforming and managing internal audit departments in North America, Europe and the Middle East. He has held executive level positions at CIBC, NatWest/RBS, Riyad Bank, Allied Irish Banks and Alghanim International. Paul has also consulted to a number of regulators as well as to professional firms and their clients in Asia and Australia.
11:10
Networking & Refreshment Break
11:30
Evaluating The Role Of Corporate Governance In Influencing Internal Audit - Corporate governance and its impact on an organisation’s activities - The role of corporate governance in supporting internal audit - Improving Internal Audit: Addressing changes in corporate governance frameworks Ahmed Al Ansari, Audit & Risk Assessment Group Director, Dubai Aviation City Corporation, UAE
Interactive Session
Speaker Hosted Lunch This is your chance to chat with leading speakers over a relaxed seated lunch. Ask them to elaborate on points made during their presentation or take the opportunity to put your ideas to the people shaping internal audit and risk assurance. Sign up for the table of your choice below: Table 1 – Robert Rudloff, MGM Resorts International Table 2 – Keith Read, BT Table 3 – Roger Hickman, Shell
Implementing An Effective Fraud And Forensic Auditing Process - Obtaining a more detailed understanding of the entity and its activities to identify areas risk - Determining the direction of the audit - Minimising organisation’s losses by implementation of an anti fraud framework to facilitate prevention, detection and investigation of fraud - Insight into role of internal audit in fraud investigation and fraud auditing techniques Prashant Naik, Executive Director-Internal Audit, Dubai Properties Group, UAE Prashant has over 18 years of multi industry experience, specialising in internal audit, fraud risk management and enterprise risk management. Before joining Dubai Properties Group he was Cummins India & KEC International.
14:40 Special Insight
The Bribery Act - A Major Audit, Risk, Compliance And Procurement Challenge - What the Bribery Act means for your business and internal audit - Identifying risks of bribery in international operations - Proving you have adequate anti-bribery procedures - Challenges in implementing adequate procedures Keith Read, Director-Group Compliance & Ethics, BT, UK
Keith has extensive experience in international regulatory compliance, ethics, broad-based governance, the Bribery Act, associated ‘adequate procedures’ and telecommunications, including the Regulatory Settlement with Ofcom as part of the UK’s Telecommunications Strategic Review.He is a former winner of the Compliance Register’s Best Compliance Officer award, and also won the Best Compliance Company award for BT.
15:30
Must Attend!
Ahmed performs Financial, Compliance and Performance Audit, in addition to the Risk Assessment and Corporate Governance assignments. His position covers all the entities that come under the Dubai Aviation City Corporation including Dubai World Central, Dubai Airports Corporate, Engineering Services Department, Dubai Duty Free, Dubai Aviation Navigation Services, Dubai Aviation Club, Airport Hotels.
12:15
Panel Discussion: Who Should Internal Audit Report To? Its Implications On Objectivity, Effectiveness And Business Goals - Ensuring that internal audit is independent of the audited activities and internal processes - Avoiding situations conducive for conflict of interest - Maintaining objectivity and the authority to communicate directly with stakeholders - The pros and cons of reporting to management and audit committee - Exploring alternative entities to govern internal audit Ahmed Al Ansari, Audit & Risk Assessment Group Director, Dubai Aviation City Corporation, UAE Prashant Naik, Executive Director – Internal Audit, Dubai Properties Group, UAE Shagufta Farid, Head Of Internal Audit & Compliance, Finance House, UAE Burzin Dubash, Executive Director, Axis Risk Consulting, India
Navigating Anti-Corruption Risk Management: Developing Corruption Risk Indicators - Changing corruption threats: Identifying the key corruption risks facing the organisation - Developing reliable corruption risk indicators - Continuously improving corruption risk management: Monitoring emerging risks - Assessing the role of internal audit, risk management and management in anti-corruption risk management Roger Hickman, Global Head Of Business Integrity, Shell, The Netherlands
Prior to joining Shell Roger worked for KPMG, conducting investigations into fraud and misconduct in multiple jurisdictions in the Middle East and Africa as well as China, the United Kingdom the USA. Roger has a dual qualification as a Chartered Accountant and lawyer. He previously taught law to undergraduate students and finance to MBA students. Since June 2011 he is on secondment from Shell to the Qatar International Petroleum Marketing Company in the role of CFO.
16:15
Internal Audit’s Changing Relationship With Compliance - The evolving objectives of compliance and its impact on internal audit - Developing innovative methods to support the objectives of compliance - Building an active partnership together to support business objectives Muhammed Zahid, Compiance Officer, Riyad Bank, KSA Before joining Riyad Bank, Muhammed was the Assistant Director of the State Bank of Pakistan. He introduced transformational approach to compliance management to managing change through phased manner.
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Tel: 971-4-335 2437
Fax: 971-4-335 2438
Email: register@iirme.com
Web: www.iirme.com/internalaudit
Conference Day 2: Agenda Monday, 26 September 2011
Risk Management & Assurance 17:00
Fighting High-Tech Fraud: Preventing And Detecting Fraud In An Automated World - The risk and potential cost of high – tech fraud to an organisation - Utilising Data Anaylsis to effectively combat fraud - Assessing the effectiveness of IT Techniques for early prevention and
detection Shagufta Farid, Head Of Internal Audit & Compliance, Finance House, UAE
17:45 18:00
Over the past 20 years, Shagufta has occupied several senior positions in financial institutions locally as well as internationally in the fields of auditing and consultancy, project/asset management, finance, investment and other areas of banking products. She is also Audit Committee member in a few organisations.
Closing Remarks From The Chair End Of Main Conference
Exhibitors
Sponsor
Axis Risk Consulting, a 100% subsidiary of Genpact (NYSE:G), is a specialist risk and compliance firm offering governance and risk consulting services to clients across the globe. The Leadership team comprises ex-Big 4 and IA heads of large publicly listed corporate. Axis has a “One Global Client Team” philosophy which allows them to offer consistent global delivery and unique global benchmarking for all clients. Axis has a dedicated ITRM team of 25 professionals led by an experienced partner. Services are best in class and of a lower cost – global cost effective delivery solution through a mix of onsite/offshore models. The company’s client base is diverse in terms of industry, business size and solutions need which include 60+ international and large to mid sized Indian corporate clients across a breadth of industries.
As the world’s leading audit management software, TeamMate has revolutionised the audit industry, empowering audit departments of all sizes to spend less time documenting and reviewing and more time providing value-added services. TeamMate’s award winning system increases the efficiency and productivity of the entire internal audit process, including risk assessment, scheduling, planning, execution, review, report generation, trend analysis, audit committee reporting and storage. By providing an integrated paperless strategy for managing audits, TeamMate eliminates the barriers associated with paper-filled binders and disconnected electronic files, driving efficiencies into all facets of the internal audit workflow.
As a prominent provider of financial education and training LYNCHPIN Financial Training Centre has built a reputation for excellence. As the trainer of choice for many of successful professionals the course structures incorporate the use of innovative learning materials and teaching and are carefully designed around the needs of course aspirants. LYNCHPIN Financial Training Centre offers real choice with programmes across an ever widening range of business professions, highly experienced tutors, strong links with leading global course review providers and unmatched flexibility in the way one can study.
Sponsorship Opportunities Available Participating as a sponsor at Internal Audit & Risk Assurance presents you with a unique one stop opportunity to meet with top industry decision makers and position yourself as a market leader. What’s more is that Internal Audit & Risk Assurance gives you a platform for a targeted marketing approach to promoting your corporate image, products and services as well as creating greater market awareness. Our sponsorship packages are designed to give your brand targeted exposure and increase your client base with networking opportunities, including: • Pre-arranged one to one meetings with decision makers • An opportunity to present a paper to our audience • Unique product demonstration area • Increasing you brand awareness through our above and below the line marketing campaign Please call Mark Butler on +971 (0)4 4072516 or email him at sponsorship@iirme.com for more information.
Tel: 971-4-335 2437
Fax: 971-4-335 2438
Email: register@iirme.com
Web: www.iirme.com/internalaudit
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Certificate In Internal Audit Tuesday 27- Thursday 29 September 2011
In association with
Registration will start at 07:30 on 27 September. The course will commence promptly at 08:00 and conclude at 17:00. Lunch will be served at 12:00 and there will be refreshment breaks at appropriate intervals
What You Will Learn • The techniques of environmental auditing • How to audit business continuity planning • The modern approach to contract and project audit • The techniques of IT and VFM audit
• How to assess internal audit’s contribution as a function • How to audit Corporate Governance • How to audit the Audit Committee • The techniques of continuous audit
Agenda 1. The New Internal Audit Challenges
3. CSR And VFM Audit
• Recent Professional Guidance And Practice Advisory Statements Exercise 1 – The Challenges Of New Standards • The Key Aspects Of Corporate Governance Exercise 2 – Defining The Parties And The Key Governance Issues For Each Party • Auditing Governance Readiness Exercise 3 – The Challenges In Carrying Out A Governance Audit • Auditing The Risk Management Process Exercise 4 – The Challenges In Meeting Risk Management Governance Requirements • Auditing The Audit Committee Process Exercise 5 – The Audit Committee Challenges
• Social Responsibility, Ethics And Meeting Stakeholder Expectations Exercise 11 – CSR And Meeting Expectations – The Audit Challenges • The Modern Approach To VFM Auditing • The 3 Es Exercise 12 – VFM Review Of Customer Service • Key Steps In Completing A VFM Review Exercise 13 – Assessing Performance Via Pls • VFM Audit Techniques Case Studies Exercise 14 – Topics Will Be Chosen By You And The Audit Will Be Brainstormed 4. Auditing Projects And IT Audit
2. The Wider Internal Audit Brief
• Auditing Projects Exercise 15 – Completing A Project Audit • Auditing Systems Under Development Exercise 16 – Challenges Of Systems Development Audit • IT Auditing Exercise 17 – Challenges Of IT Audit
• Continuous Auditing Exercise 6 – Opportunities For Continuous Auditing • Environmental Audit Exercise 7 – Challenges Of Environmental Audit • Auditing Business Continuity Management (BCM) Exercise 8 – BCP Audit Discussion • Auditing Outsourced Contracts Exercise 9 – Challenges Of Auditing External Contracts • Brand And Reputation Audit – The Ultimate Challenge Exercise 10 – Auditing A Reputational Disaster
Visit www.iirme.com/auditcert for more information
Meet Your Expert Course Leader Phil Griffiths
Why You Should Attend As a progressive audit practitioner who strives for excellence, your vision is world-class and you realise that long term survival in today’s competitive marketplace means delivering impeccable products and services and auditing the wide range of business risks. An advanced and innovative auditing strategy coupled with effective implementation can greatly enhance the departmental value added and company – wide support of your auditing function
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Phil is founder and Managing Director of Business Risk Management Ltd and is regarded as one of the world’s leading experts in Internal Audit. A Chartered Accountant, and an Associate of the Institute of Internal Auditors, he has over 25 years’ experience in internal audit, risk management and fraud prevention and detection as practitioner, professional adviser, facilitator and trainer. He has held top management positions with three international groups, in roles embracing internal audit, finance, project management and risk management.
Expertise in the more technical business areas are essential to maintaining a stable foundation from which your company can effectively compete in the Middle East.
He has extensive experience of the Middle Eastern market having worked with over 250 organisations in the UAE, Oman, Lebanon, Qatar, Bahrain, Saudi Arabia and Kuwait during the past 10 years and worked in all major sectors.
The biggest challenges to modern internal audit functions will be covered in the course – including auditing your organisations reputation and brand.
He is a renowned author – his recent book ‘Risk Based Auditing’ is an international best seller. Phil has published research into many aspects of internal audit and risk management best practice, including “Strategic Risk management”, “The Need to Co-ordinate Assurance Providers” and “The Expectations of Chief Executives towards Internal Audit and its future”
Tel: 971-4-335 2437
Fax: 971-4-335 2438
Email: register@iirme.com
Web: www.iirme.com/internalaudit
Workshop Day One: Tuesday, 27 September 2011 & Day Two: Wednesday, 28 September 2011
Registration for each workshop will begin at 08:00 on the day with breaks at appropriate times and one hour for lunch.
Day One: Tuesday, 27 September 2011
Day Two: Wednesday, 28 September 2011
Workshop A
Workshop C
Must Attend – International Practitioner Led! Increasing Depth And Scope Of An Audit: Creating Buy-In With Process Owners And Stakeholders
Robert Rudloff, Vice President Internal Audit, MGM Resorts International, USA Timing: 08:30 – 12:00 Rationale One of the biggest challenges that internal auditors face despite developments and innovations in the field, is process owner hostility. Although this is accepted as merely an occupational hazard, process owner hostility has far reaching effects. Withholding information, reluctance to cooperate and the negativity associated with auditing and auditors negatively impact the results of an audit and therefore the organisation. This workshop will enable you to create buy-in with process owners and stakeholders by developing your soft skills and building on perceptiveness. Not only will you increase the depth and scope of an audit but also increase benefit to the organisation, resulting in improved reliability and effectiveness of the audit. Learning Objectives - Understanding the motivations and objectives of the process owners: A framework - Building effective and open communication channels: Enabling accurate information transfer - Highlighting audit’s role in adding value to operations: Developing and implementing trainings - A crash course in soft skills: Overcoming process owner hostility - Obtaining updated documentation and records of all operations and transactions of the audited department - Maintaining a long term, mutually beneficial working partnership with process owners and stakeholders
The Integrated Assurance Framework: Practical Tools And Strategies To Implement An Integrated Assurance Framework Shatruguhna Samaddar, Executive Director, Axis Risk Consulting, India
Timing: 08:30 – 12:00 Rationale The underlying premise of integrated assurance is that every entity and function exists to provide value for its stakeholders. Every entity faces uncertainty and the challenge for management is to determine how much uncertainty to accept as it strives to grow stakeholder value. Uncertainty presents both risk and opportunity, with the potential to erode or enhance value. The assurance framework enables the organisation to deal with uncertainty and associated risk and opportunity, enhancing the capacity to build value. This workshop will give you key insights that will enable you to develop and implement an integrated assurance framework in your organisation. This will support your orgaisation to maximise value by striking a balance between growth and returns, goals and related risks, effectively and efficiently to meet business objectives. Learning Objectives - Effectively develop and implement an integrated framework reflecting organisational objectives and goals - Optimise governance structures and linking risk oversight processes - Aligning governance and oversight - Embedding effective fraud risk management as part of the integrated framework - Using the integrated framework to create leverage between internal audit and risk management
- Workshop D
Workshop B Dealing with Bribery And Corruption Including the Bribery Act: Tools, Techniques, Indicators And Avoiding Losses Keith Read, Director Group Compliance & Ethics, BT, UK Compliance Timing: 13:00 – 16:30
Register’s Best cer Compliance Offi
Rationale The UK’s new Bribery Act will be a major challenge for all Governance, Risk, Compliance (GRC), audit and procurement professionals. However, the requirements of the Bribery Act are only part of the wider anti-bribery and corruption with these areas - representing millions of dollars - continuing to plague organisations across the globe. GRC and Internal Audit professionals hold a significant responsibility in the areas of anti-bribery and corruption this workshop will enable you to ensure that your organisation is well equipped to meet the requirements of the Bribery Act, understand the relative requirements of the Foreign and Corrupt Practices Act (FCPA) and avoid bribery and Learning Objectives - The requirements of the Bribery Act - The requirements of the Bribery Act versus the FCPA - The compliance requirements of the Bribery Act - Create and manage effective whistle-blowing policies - Anti-bribery and corruption tools, techniques, frameworks and indicators - Governance structures and risk oversight, including roles and responsibilities of audit - Create and manage effective whistle blowing policies
Tel: 971-4-335 2437
Fax: 971-4-335 2438
Avoiding Fraud Related Losses: Developing Effective Fraud Indicators And Anti-Fraud Frameworks For Early Detection And Prevention Santosh Agarwal, Head Of Compliance, ADCO, UAE Timing: 13:00-16:30 Rationale Responsible for millions of dollars worth of losses each year, fraud is a major concern that continues to plague organisations across the globe. A recent GCC survey reveals that 56% of entities consider internal processes and controls as the most effective methods to detect fraud related incidents. Internal audit and risk assurance professionals hold a significant responsibility in combating fraud. This workshop will enable you to which will ensure that your organisation is well equipped to avoid fraud related losses by developing frameworks and indicators that will not only enable early fraud detection but will also equip your organisation to prevent fraud. Learning Objectives - Designing and implementing reliable fraud indicators - Monitoring fraud indicators and developing preventive measures - Establishing internal anti-fraud controls: Selecting one best suited to your organisational needs - Testing and improving the effectiveness of internal anti-fraud controls - Whistle blowing policies: How effective are they and implementing them in your organisations
Email: register@iirme.com
Web: www.iirme.com/internalaudit
7
Internal Audit & Risk Assurance 25 – 29 September 2011 | Dusit Thani Hotel, Dubai, UAE
FIVE EASY WAYS TO REGISTER 971-4-3352437
IIR Holdings Ltd. PO Box 21743, Dubai, UAE
971-4-3352438
register@iirme.com
GCS/IIR Holdings Ltd. PO Box 13977, Muharraq, Kingdom of Bahrain
www.iirme.com/internalaudit Programme At A Glance Internal Audit & Risk Assurance Day Conference 2
25.09.11
26.09.11
27.09.11
Workshop A
Workshop B
Workshop C
28.09.11
29.09.11
Workshop D
Certificate In Internal Audit Course
A1170
Please () the session/s you wish to attend: No. Of Days
Event
Price before 20 July 2011
Price before 31 August 2011
Price After 31 August 2011
4
Entire Event: 2 Conference days + 4 Workshops
US$ 4,495 Save US$ 3,780
US$ 4,695 Save US$ 3,580
US$ 4,895 Save US$ 3,380
4
2 Day Conference + 3 Workshops A B C D
US$ 4,295 Save US$ 2,585
US$ 4,495 Save US$ 2,385
US$ 4,695 Save US$ 2,185
3
2 Day Conference + 2 Workshops A B C D
US$ 3,999 Save US$ 1,486
US$ 4,199 Save US$ 1,286
US$ 4,399 Save US$ 1,086
3
2 Day Conference + 1 Workshop A B C D
US$ 3,190 Save US$ 900
US$ 3,390 Save US$ 700
US$ 3,590 Save US$ 500
2
2 Day Conference
US$ 2,295 Save US$ 400
US$ 2,495 Save US$ 200
US$ 2,695
1
1 Workshop A B C D
US$ 995 Save US$ 400
US$ 1,195 Save US$ 200
US$ 1,395
3
Certificate In Internal Audit Course
US$ 3,950 Save US$ 800
US$ 4,450 Save US$ 300
US$ 4,750
5
Certificate In Internal Audit Course + 2 Day Conference
US$ 5,299 Save US$ 2146
US$ 5,799 Save US$ 1646
US$ 6, 099
DISCOUNTS AVAILABLE FOR 2 OR MORE PEOPLE CALL – 971 -4-3352483 E-MAIL – a.watts@iirme.com Course fees include documentation, luncheon and refreshments. Delegates who attend all sessions will receive a Certificate of Attendance.
All registrations are subject to our terms and conditions which are available at www.iirme.com/terms. Please read them as they include important information. By submitting your registration you agree to be bound by the terms and conditions in full.
Payments
Please (Insert tick) the workshops that you wish to attend: A B C D
DELEGATE DETAILS Name: ................................................................................................................................................................................................... Job Title: ......................................................................................................... Email: .......................................................................... Tel: ..................................................... Fax: .................................................... Mobile: ......................................................................... Name: ...................................................................................................................................................................................................
A confirmation letter and invoice will be sent upon receipt of your registration. Please note that full payment must be received prior to the event. Only those delegates whose fees have been paid in full will be admitted to the event. You can pay by company cheques or bankers draft in Dirhams or US$. Please note that all US$ cheques and drafts should be drawn on a New York bank and an extra amount of US$ 6 per payment should be added to cover bank clearing charges. In any event payment must be received not later than 48 hours before the Event. Entry to the Event may be refused if payment in full is not received. Credit card payment If you would like to pay by credit card, please tick here and a member of our team will contact you to take the details
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Cancellation
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Company: ............................................................................................................................................................................................................
If you are unable to attend, a substitute delegate will be welcome in your place. Registrations cancelled more than 7 days before the Event are subject to a $200 administration charge. Registration fees for registrations cancelled 7 days or less before the Event must be paid in full. Substitutions are welcome at any time.
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Delegates requiring visas should contact the hotel they wish to stay at directly, as soon as possible. Visas for non-GCC nationals may take several weeks to process. All registrations are subject to acceptance by IIR which will be confirmed to you in writing. Due to unforeseen circumstances, the programme may change and IIR reserves the right to alter the venue and/or speakers.
Event Venue: Department: ................................................ Mobile: .......................................... Email: ....................................................................... Training Manager: .................................................................................................................................................................................. Department: ................................................ Mobile: .......................................... Email: ....................................................................... Booking Contact: .................................................................................................................................................................................... Department: ................................................ Mobile: .......................................... Email: .......................................................................
Dusit Thani Hotel, Dubai, UAE Tel: +971-4-343 3333 Accommodation Details We highly recommend you secure your room reservation at the earliest to avoid last minute inconvenience. You can contact the IIR Hospitality Desk for assistance on: Tel: +971-4-4072693 Fax: +971-4-4072517 Email: hospitality@iirme.com
JW/GM G201
AUDIT
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