1. Internal Audit &
Be an Early Bird!
Register before
15 July 2011 and
save up to US$ 3,780!
Risk Assurance
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
International Insights Heads Of Internal Audit
Audit & Risk Management
Robert Rudloff Furqan Ali Nasri Zeid Jaradat
Vice President Internal Audit Director Internal Controls Assessment Group Head of Internal Audit
MGM Resorts International, USA Siemens Middle East, KSA AW Rostamani Group, UAE
Keith Read Aley Raza Malcolm Walker
Director Group Compliance & Ethics Vice President Internal Audit General Manager Corporate
BT, UK ENOC, UAE Governance
National Bank Of Abu Dhabi, UAE
Roger Hickman Ahmed Al Ansari Paul Shantz
Head of Business Integrity Audit & Risk Assessment Group Head Of Internal Audit
Shell, The Netherlands Director NCB Capital, Bahrain
Dubai Aviation City Corporation, UAE
Harsh Mohan Kalim Ahmed Khan,
Critical Learning Areas Vice President Internal Audit & Risk Management General Manager Group Internal Audit
Etihad Airways, UAE
Mitigating The Added Cost Of Fluctuating Risks Majid Al Futtaim Group, UAE
Rehan Khalid
Adding Value Operations And Business Goals Resident Vice President Shagufta Farid
Management’s Supporting Role In Maintaining Citibank, UAE Head Of Internal Audit & Compliance
A Robust Organisation Prashanth Naik Finance House, UAE
Preventing Fraud Related Losses Executive Director Internal Audit Ghaith R. Fayez
Overcoming Compliance Hurdles With The Dubai Properties Group, UAE Lead Auditor
Updated Bribery Act Hussam A. Abu Aisheh
Saudi Aramco, KSA
Combating The Constant Threat Of Corruption Executive Vice President Chief Of Internal Audit,
Shabbir Jawadwala
Creating Leverage Between Internal Audit And Sharjah Islamic Bank, UAE
Risk Management Avinash Totade Chief Internal Auditor
Increasing Scope Of Internal Audit: Buy-In With Vice President Internal Audit Tamweer, UAE
Process Owners And Stakeholders Dubai Aluminum Company, UAE And Many More!
New
mme
Comprehensive and intensive learning 2011 Progra
facilitated by leading practitioners: 85% New Speakers From Across Different Industries And Sectors
Workshop A: Increasing Depth And Scope Of An Audit: More Networking Opportunities With Structured Sessions And
Creating Buy-In With Process Owners And Stakeholders Hosted Lunches
Workshop B: Identifying And Monitoring Key Risk Indicators (KRIs): Maximised Interaction With Open Forums, Q&A’s And Interactive
Developing A Targeted Internal Audit Plan Panels
The Bribery Act A Major Audit, Risk Compliance And Procurement
Workshop C: Avoiding Fraud Related Losses:
Challenge
Developing Effective Fraud Indicators And Anti-Fraud
Frameworks For Early Detection And Prevention Overcoming Corruption Risks Corruption Risk Management
Internal Audit Effectiveness Measuring KPIs, Balanced Scorecard &
Workshop D: Integrated Assurance Framework: Quality Assurance Review
Practical Tools And Strategies To Implement An Integrated Strategically Aligning Internal Audit To Contribute To Business
Assurance Framework
See page 7 for more details Objectives
In association with
www.iirme.com/internalaudit
Plus! Certificate In Internal Audit
27- 29 September 2011 Exhibitors
Led by renowned expert
Phil Griffiths, Founder & Managing Director,
Business Risk Management, UK See page 6 for more details
2. 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
20+ Leading Experts from:
• Where should the internal audit profession be going • Banking & Finance • IT
• Strategically aligning internal audit: Contributing to Overall Business
• Oil & Gas • Construction
Performance
• Maintaining A Robust Internal Audit Plan: Developing A Flexible Audit • Real Estate • Retail
Plan To Target Emerging Risks • Hospitality • Automotive
• Telecoms • Travel & Leisure
Metrics & Effectiveness • Manufacturing • Shipping
• Measuring the impact of advisory services provided by audit
• Aviation • Logistics
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 Who you
will meet
• Developing objectives and KPIs for the internal audit function and
preparing performance reports for audit committees and senior
management Directors, Heads of, Managers:
• Building constructive communication channels with management to
Internal Audit
promote internal audit within the organisation
Risk Management Internal Controls
Corporate Governance & Compliance Risk Assurance Corporate Governance
• Does Internal Audit’s Performance Align With Management’s Risk Assessment Ethics
Expectations Control Risk Quality
• Audit’s Role In Reviewing The Company’s Corporate Governance Compliance Policies & Procedures
Framework Legal & Compliance Financial Controller
• Audit Committees: A Call To Excellence Fraud Control IT Audit
• Who Should Internal Audit Report To: Its Implications On Objectivity, Financial Audit
Fraud & Investigation
Effectiveness And Business Goals
• Internal Audit’s Changing Relationship With Compliance
Fraud, Forensics & Anti-Bribery
• Implementing An Effective Fraud And Forensic Auditing Process
• The Bribery Act: A Major Audit, Risk Compliance And Procurement Internal Audit is evolving so rapidly and each
Challenge day brings a new challenge to any business.
• Navigating Anti-Corruption Risk Management: Developing Corruption
Risk Indicators Internal Auditors need to keep learning and
improving their qualifications to face those
Risk Management & Assurance
• Designing Frameworks To Support Effective Management Of The challenges. Part of the development of Internal
Highest Compliance Risks Auditors is sharing experience and exchanging
• Adopting And Embedding ERM In Your Organisation: The Pros And Cons information for which Internal Audit & Risk
• Identifying And Monitoring KRIs: Raising Reliability And Preparedness
Of Internal Audit 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 Not only the selection of the topics, but the mix of
• The National Commercial Bank • Arab Monetary Fund • DP World • GASCO • ADNOC
• HSBC • Oman LNG • Central Bank Of Kuwait • Arab National Bank • ZADCO • Abu
unique methodologies and techniques in Internal
Dhabi Investment Authority • Oman Housing Bank • Kuwait Finance House • American Audit and risk consultations are really very attractive
University Of Sharjah • Saudi Electricity Company • Coca Cola • Ministry Of Defence -
Muscat • Bank Indonesia • Abu Dhabi Ports Company • State Audit Bureau Qatar
for internal auditors who are willing to learn, share
• Abu Dhabi Electricity And Water Authority • Saudi Oger • Etisalat • Dolphin Energy and upgrade their own professional experience.
Ltd • Department Of Finance – Dubai • Tadawul • Emaar Economic City • Dubai Gold
& Commodities Exchange • Marafiq • Roads & Transport Authority • ALDAR Properties
Zeid Jaradat, Group Head of Internal Audit,
• And Many More AW Rostamani, UAE
Follow us on:
www.twitter.com/@jennyiir #internalaudit www.facebook.com/iirmiddleeast
www.youtube.com/iirmiddleeast www .linkedin.com/IIR Middle East – Finance and Banking Group
2 Tel: 971-4-335 2437 Fax: 971-4-335 2438 Email: register@iirme.com Web: www.iirme.com/internalaudit
3. Conference Day 1: Agenda
Sunday, 25 September 2011
08:00 Registration And Morning Refreshments
Metrics & Effectiveness
08:45 Opening Remarks From The Chair
Phil Griffiths, Founder & Managing Director, 12:00 Measuring The Impact Of Advisory Services Provided By Audit
Business Risk Management, UK Functions: Using Balanced Scorecard
- Understanding the crucial advisory needs of executive management
The Evolving Role Of Internal Audit - Mapping the IA advisory services to Balanced Scorecard goals
- Linking executive management needs with items on the audit plan
09:00 Where Should The Internal Audit Profession Be Going? - Implementing a web portal reporting system for holistic monitoring
- Revaluating the role of internal audit in changing times Furqan Ali Nasri, Director Internal Controls Assessment, Siemens
Opening - Providing objective reports on business activities Middle East, KSA
Panel - The impacts of organisational and external changes on internal 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
audit functions
Services Rollouts, Establishing Project Management Offices, Implementing
- How is internal audit responsible for business objectives? ERM Solutions, and establishing Corporate Governance Programs.
Hussam A. Abu Aisheh, Executive Vice President, Chief Of Internal
Audit, Sharjah Islamic Bank, UAE 12:45 Networking Lunch
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 13:45 Open Forum: Engaging Auditees As Active Partners In
in forensic engagements. The Audit Process
Kalim Ahmed Khan, General Manager, Group Internal Audit, Majid Al Interactive Engaging and creating buy-in with the process owners is one of the
Futtaim Group, UAE Session
biggest challenges faced by internal auditors, having dire consequences
Kalim Khan is General Manager of Group Internal Audit at Majid Al-Futtaim (MAF) Holdings, to the organisation. In this open and interactive session, professionals
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. from across industries will share and develop ideas to overcome process
Shabbir Jawadwala, Chief Internal Auditor, Tamweer, UAE owner hostility, increasing the depth and scope of audit. The combined
Since 2006 Shabbir has been the Chief Internal Auditor at Tameer Holding Investment , inputs and insights of audit professionals across industries will lead to a
reporting to the Board and Audit Committee. Prior to joining Tameer he was the Director solution that can be successfully implemented in every unit.
of Internal Audit at Omantel.
Avinash Totade, Vice President Internal Audit, Dubai Aluminum 14:30 Quality Assurance Review Of Internal Audit
Company, UAE - Quality Assurance: Defining its standards in an internal audit context
Avinash is the secretary of the Governance and Internal Controls Committee of Dubai - Evaluating various Quality Assurance Assessments: Selection and
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
implementation
Committee of Emirates Aluminum Company and also serves as Vice President on the board - Understanding the quality maturity model and Quality Assurance
of the ISACA UAE Chapter. Rating
- Creating an accurate and practical quality assurance report
09:45 Strategically Aligning Internal Audit: Contributing - Assessing common challenges: Overcoming the implications
To Overall Business Performance Amr Sami El Kasaby, Group Chief Internal Auditor, Burgan Bank,
Regional - Meeting business expectations: How internal audit supports Kuwait
Keynote business performance and objectives 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
- Defining the role of internal audit within the wider corporate and its four subsidiaries.
governance framework
- Structuring internal audit to promote objectivity, consistency and 15:15 Proactively Measuring Factors Of Internal Auditing Effectiveness
business understanding - Assessing the various factors that influence audit effectiveness
- Ensuring that internal audit contributes to KPIs and brings added - Transforming internal audit effectiveness: Tools and frameworks
value to the business - Increasing internal audit effectiveness: Applying best practices
Harsh Mohan, Vice President - Internal Audit & Risk Management, Ghaith R. Fayez, Lead Auditor, Saudi Aramco, KSA
Ghaith supervises and performs operational audits for different business lines including
Etihad Airways, UAE project management, refineries, constructions, product distribution, gas plants, producing
Harsh is responsible for the Governance, Compliance and Internal Audit functions of Etihad
and terminals. In addition he performs other activities, which include providing on-the-job to
Airways. In addition he also looks after ERM. Prior to joining Etihad Airways he was the
inexperienced staff and providing consulting services.
Auditor General of Air Canada.
10:30 Meeting Accelerator - Structured Networking Session 16:00 Refreshment And Networking Break
A structured session designed to give you the opportunity to meet all 16:15 Developing Objectives And KPIs For The Audit Function And
Interactive participants including your peers, industry leaders and speakers.
Session Preparing Performance Reports For Audit Committees And
Share your concerns, success stories, practices and insights - one Senior Management
professional to another. Bring plenty of business cards! - Identifying KPIs and objectives for the audit function
11:00 Refreshment Break - Obtaining a reliable measure for audit function KPIs
- Preparing performance reports for audit committees and senior
11:15 Maintaining A Robust Internal Audit Plan: Developing A Flexible management
Audit Plan To Target Emerging Risks Kalim Ahmed Khan, General Manager, Group Internal Audit,
- Major requirements for an internal audit plan: Risk Assessment, Majid Al Futtaim Group, UAE
BOD expectations, Audit Committee concerns, ERM updates, Key
Business Strategic Plans 17:30 Building Constructive Communication Channels With
- Developing and maintaining a KRI dashboard, automation of the risk Management To Promote Internal Audit Within The Organisation
factors and defining thresholds - Management’s requirements of internal audit
- Continuously monitoring risk factors and KRIs - Delivering expectations: Building constructive communication
- Being prepared: Developing an action plan for possible scenarios channels
and appropriate contingency plans - Continuously improve communication channels: Developing a long
- Updating audit plans: Addressing new and emerging risks term alliance with management
Zeid Jaradat, Group Head of Internal Audit, AW Rostamani, UAE Hussam A. Abu Aisheh, Executive Vice President, Chief Of Internal
A Certified Internal Auditor, Fraud Examiner and Risk Professional, Zeid established the Audit, Sharjah Islamic Bank, UAE
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 18:15 Closing Remarks From The Chair
Big Four.
18:30 End Of Day 1
Tel: 971-4-335 2437 Fax: 971-4-335 2438 Email: register@iirme.com Web: www.iirme.com/internalaudit 3
4. Conference Day 2: Agenda
Monday, 26 September 2011
08:30 Morning Refreshments 13:15 Panel Discussion: Who Should Internal Audit Report To? Its
Implications On Objectivity, Effectiveness And Business Goals
08:45 Opening Remarks From The Chair Settle the
- Ensuring that internal audit is independent of the audited activities
ongoing
Phil Griffiths, Founder & Managing Director, debate and internal processes
Business Risk Management, UK - Avoiding situations conducive for conflict of interest
- Maintaining objectivity and the authority to communicate directly with
Corporate Governance & Compliance stakeholders
- The pros and cons of reporting to management and audit committee
09:00 Does Internal Audit’s Performance Align With Management’s - Exploring alternative entities to govern internal audit
Expectations? Ahmed Al Ansari, Audit & Risk Assessment Group Director, Dubai
International - Aligning internal audit’s performance with management expectations Aviation City Corporation, UAE
Keynote - Ensuring that internal audit performance is in sync with Prashant Naik, Executive Director – Internal Audit, Dubai Properties
management’s expectations: A framework Group, UAE
- Updating the framework: Ensuring internal audit continues to meet Shagufta Farid, Head Of Internal Audit & Compliance, Finance House, UAE
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
Fraud, Forensics & Anti-Bribery
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. 14:00 Implementing An Effective Fraud And Forensic Auditing Process
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. - Obtaining a more detailed understanding of the entity and its activities
to identify areas risk
09:40 Audit’s Role In Reviewing The Company’s Corporate Governance - Determining the direction of the audit
Framework - Minimising organisation’s losses by implementation of an anti fraud
- Providing an objective evaluation of existing risks and internal framework to facilitate prevention, detection and investigation of
control frameworks fraud
- Conducting a systematic analysis of business processes and - Insight into role of internal audit in fraud investigation and fraud
associated controls auditing techniques
- Assessing the accomplishment of corporate goals and objectives Prashant Naik, Executive Director-Internal Audit, Dubai Properties
Malcolm Walker, General Manager-Corporate Governance, National Group, UAE
Bank Of Abu Dhabi, UAE Prashant has over 18 years of multi industry experience, specialising in internal audit, fraud
Before joining NBAD in 2010, Malcolm spent over 20 years Standard Chartered Bank based in risk management and enterprise risk management. Before joining Dubai Properties Group he
London, Dubai, Singapore, Seoul, Tokyo and New York. He previously spent 12 years with the was Cummins India & KEC International.
British Army’s Special Investigation Branch serving for 2 years on Anti-Terrorist operations in
Northern Ireland. 14:40 The Bribery Act - A Major Audit, Risk, Compliance And
Procurement Challenge
10:25 Audit Committees: A Call To Excellence
- What the Bribery Act means for your business and internal audit
- The organisation’s Central nervous system Special
- Identifying risks of bribery in international operations
- Identify areas requiring audit committees’ increasing understanding Insight
- Proving you have adequate anti-bribery procedures
- What does an effective audit committee look like?
- Challenges in implementing adequate procedures
- Audit’s role in supporting the audit committee’s pursuit of excellence
Keith Read, Director-Group Compliance & Ethics, BT, UK
- What are the committee’s criteria when evaluating internal audit? Keith has extensive experience in international regulatory compliance, ethics, broad-based
- Chief Audit Executive: How will his/her role evolve from here? governance, the Bribery Act, associated ‘adequate procedures’ and telecommunications,
including the Regulatory Settlement with Ofcom as part of the UK’s Telecommunications
Paul Shantz, Head Of Internal Audit, NCB Capital, Bahrain Strategic Review.He is a former winner of the Compliance Register’s Best Compliance Officer
Paul has played leading roles in transforming and managing internal audit departments in award, and also won the Best Compliance Company award for BT.
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 15:30 Navigating Anti-Corruption Risk Management: Developing
and Australia. Corruption Risk Indicators
Must - Changing corruption threats: Identifying the key corruption risks
11:10 Networking & Refreshment Break
Attend! facing the organisation
11:30 Evaluating The Role Of Corporate Governance In Influencing - Developing reliable corruption risk indicators
Internal Audit - Continuously improving corruption risk management: Monitoring
- Corporate governance and its impact on an organisation’s activities emerging risks
- The role of corporate governance in supporting internal audit - Assessing the role of internal audit, risk management and
- Improving Internal Audit: Addressing changes in corporate management in anti-corruption risk management
governance frameworks Roger Hickman, Global Head Of Business Integrity, Shell, The Netherlands
Prior to joining Shell Roger worked for KPMG, conducting investigations into fraud and
Ahmed Al Ansari, Audit & Risk Assessment Group Director, Dubai misconduct in multiple jurisdictions in the Middle East and Africa as well as China, the United
Aviation City Corporation, UAE Kingdom the USA. Roger has a dual qualification as a Chartered Accountant and lawyer. He
Ahmed performs Financial, Compliance and Performance Audit, in addition to the Risk previously taught law to undergraduate students and finance to MBA students. Since June
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 2011 he is on secondment from Shell to the Qatar International Petroleum Marketing Company
Corporate, Engineering Services Department, Dubai Duty Free, Dubai Aviation Navigation in the role of CFO.
Services, Dubai Aviation Club, Airport Hotels.
16:15 Internal Audit’s Changing Relationship With Compliance
12:15 Speaker Hosted Lunch - The evolving objectives of compliance and its impact on internal audit
This is your chance to chat with leading speakers over a relaxed seated - Developing innovative methods to support the objectives of
Interactive lunch. Ask them to elaborate on points made during their presentation or compliance
Session take the opportunity to put your ideas to the people shaping internal audit - Building an active partnership together to support business objectives
and risk assurance. Sign up for the table of your choice below: Muhammed Zahid, Compiance Officer, Riyad Bank, KSA
Table 1 – Robert Rudloff, MGM Resorts International Before joining Riyad Bank, Muhammed was the Assistant Director of the State Bank of
Table 2 – Keith Read, BT Pakistan. He introduced transformational approach to compliance management to managing
change through phased manner.
Table 3 – Roger Hickman, Shell
4 Tel: 971-4-335 2437 Fax: 971-4-335 2438 Email: register@iirme.com Web: www.iirme.com/internalaudit
5. Conference Day 2: Agenda
Monday, 26 September 2011
Risk Management & Assurance 17:45 Adopting And Embedding ERM In Your Organisation: The Pros
And Cons
17:00 Fighting High-Tech Fraud: Preventing And Detecting Fraud In An - The approach: Top down or bottom up?
Automated World - Engaging top management and identifying the advocates
- The risk and potential cost of high – tech fraud to an organisation - Where are we now and where should we go?
- Utilising Data Anaylsis to effectively combat fraud - Evaluating the next steps in effective implementation
- Assessing the effectiveness of IT Techniques for early prevention and Aley Raza, Vice President Internal Audit, ENOC, UAE
detection Aley has over 15 years of experience in internal audit. He currently manages an internal audit
Shagufta Farid, Head Of Internal Audit & Compliance, Finance House, team of 15, serves on a number of Audit Committees as a support / secretary and has become
UAE an integral part of the ENOC’s senior management team.
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 Vishal Verma, Internal Audit Manager, ENOC, UAE
management, finance, investment and other areas of banking products. She is also Audit Vishal is a seasoned Audit & Risk professional working having Internal Audit experience in
Committee member in a few organisations. broad spectrum of industries including Energy sector including Oil & Gas -Exploration &
Production, Refining and Trading.
18:30 Closing Remarks From The Chair
18:55 End Of Main Conference
Exhibitors
As the world’s leading audit management software, TeamMate has As a prominent provider of financial education and training LYNCHPIN
revolutionised the audit industry, empowering audit departments of all sizes Financial Training Centre has built a reputation for excellence. As the
to spend less time documenting and reviewing and more time providing trainer of choice for many of successful professionals the course structures
value-added services. TeamMate’s award winning system increases the incorporate the use of innovative learning materials and teaching and
efficiency and productivity of the entire internal audit process, including risk are carefully designed around the needs of course aspirants. LYNCHPIN
assessment, scheduling, planning, execution, review, report generation, Financial Training Centre offers real choice with programmes across an ever
trend analysis, audit committee reporting and storage. By providing an widening range of business professions, highly experienced tutors, strong
integrated paperless strategy for managing audits, TeamMate eliminates the links with leading global course review providers and unmatched flexibility
barriers associated with paper-filled binders and disconnected electronic in the way one can study.
files, driving efficiencies into all facets of the internal audit workflow.
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 5
6. 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
• How to assess internal audit’s contribution as a function • The techniques of environmental auditing
• How to audit Corporate Governance • How to audit business continuity planning
• How to audit the Audit Committee • The modern approach to contract and project audit
• The techniques of continuous audit • The techniques of IT and VFM audit
Agenda
1. The New Internal Audit Challenges 3. CSR And VFM Audit
• Recent Professional Guidance And Practice Advisory Statements • Social Responsibility, Ethics And Meeting Stakeholder Expectations
Exercise 1 – The Challenges Of New Standards Exercise 11 – CSR And Meeting Expectations – The Audit Challenges
• The Key Aspects Of Corporate Governance • The Modern Approach To VFM Auditing
Exercise 2 – Defining The Parties And The Key Governance Issues • The 3 Es
For Each Party Exercise 12 – VFM Review Of Customer Service
• Auditing Governance Readiness • Key Steps In Completing A VFM Review
Exercise 3 – The Challenges In Carrying Out A Governance Audit Exercise 13 – Assessing Performance Via Pls
• Auditing The Risk Management Process • VFM Audit Techniques
Exercise 4 – The Challenges In Meeting Risk Management Case Studies
Governance Requirements Exercise 14 – Topics Will Be Chosen By You And The Audit Will Be
• Auditing The Audit Committee Process Brainstormed
Exercise 5 – The Audit Committee Challenges
4. Auditing Projects And IT Audit
2. The Wider Internal Audit Brief
• Auditing Projects
• Continuous Auditing Exercise 15 – Completing A Project Audit
Exercise 6 – Opportunities For Continuous Auditing • Auditing Systems Under Development
• Environmental Audit Exercise 16 – Challenges Of Systems Development Audit
Exercise 7 – Challenges Of Environmental Audit
• IT Auditing
• Auditing Business Continuity Management (BCM) Exercise 17 – Challenges Of IT Audit
Exercise 8 – BCP Audit Discussion
• Auditing Outsourced Contracts
Exercise 9 – Challenges Of Auditing External Contracts Visit www.iirme.com/auditcert for more information
• Brand And Reputation Audit – The Ultimate Challenge
Exercise 10 – Auditing A Reputational Disaster
Why You Should Attend Meet Your Expert Course Leader Phil Griffiths
As a progressive audit practitioner who strives for excellence, your Phil is founder and Managing Director of Business
Risk Management Ltd and is regarded as one of the
vision is world-class and you realise that long term survival in today’s
world’s leading experts in Internal Audit. A Chartered
competitive marketplace means delivering impeccable products and Accountant, and an Associate of the Institute of Internal
services and auditing the wide range of business risks. Auditors, he has over 25 years’ experience in internal
audit, risk management and fraud prevention and
An advanced and innovative auditing strategy coupled with effective detection as practitioner, professional adviser, facilitator
implementation can greatly enhance the departmental value added and and trainer. He has held top management positions with three international
company – wide support of your auditing function groups, in roles embracing internal audit, finance, project management and
risk management.
Expertise in the more technical business areas are essential to He has extensive experience of the Middle Eastern market having worked
maintaining a stable foundation from which your company can with over 250 organisations in the UAE, Oman, Lebanon, Qatar, Bahrain, Saudi
effectively compete in the Middle East. Arabia and Kuwait during the past 10 years and worked in all major sectors.
He is a renowned author – his recent book ‘Risk Based Auditing’ is an
The biggest challenges to modern internal audit functions will be international best seller. Phil has published research into many aspects of
covered in the course – including auditing your organisations reputation internal audit and risk management best practice, including “Strategic Risk
management”, “The Need to Co-ordinate Assurance Providers” and “The
and brand.
Expectations of Chief Executives towards Internal Audit and its future”
6 Tel: 971-4-335 2437 Fax: 971-4-335 2438 Email: register@iirme.com Web: www.iirme.com/internalaudit
7. 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! The Integrated Assurance Framework: Practical Tools
Increasing Depth And Scope Of An Audit: Creating Buy-In And Strategies To Implement An Integrated Assurance
Framework
With Process Owners And Stakeholders Shagufta Farid, Head Of Internal Audit & Compliance, Finance House,UAE
Robert Rudloff, Vice President Internal Audit, MGM Resorts International,
USA
Timing: 08:30 – 12:00
Timing: 08:30 – 12:00
Rationale
Rationale
The underlying premise of integrated assurance is that every entity
One of the biggest challenges that internal auditors face despite
and function exists to provide value for its stakeholders. Every entity
developments and innovations in the field, is process owner hostility.
faces uncertainty and the challenge for management is to determine
Although this is accepted as merely an occupational hazard, process owner
how much uncertainty to accept as it strives to grow stakeholder
hostility has far reaching effects. Withholding information, reluctance to co-
value. Uncertainty presents both risk and opportunity, with the
operate and the negativity associated with auditing and auditors negatively
potential to erode or enhance value. The assurance framework enables
impact the results of an audit and therefore the organisation. This workshop
the organisation to deal with uncertainty and associated risk and
will enable you to create buy-in with process owners and stakeholders
opportunity, enhancing the capacity to build value. This workshop will
by developing your soft skills and building on perceptiveness. Not only will
give you key insights that will enable you to develop and implement an
you increase the depth and scope of an audit but also increase benefit to the
integrated assurance framework in your organisation. This will support
organisation, resulting in improved reliability and effectiveness of the audit.
your orgaisation to maximise value by striking a balance between growth
and returns, goals and related risks, effectively and efficiently to meet
Learning Objectives
business objectives.
- Understanding the motivations and objectives of the process owners: A
framework Learning Objectives
- Building effective and open communication channels: Enabling accurate - Effectively develop and implement an integrated framework reflecting
information transfer organisational objectives and goals
- Highlighting audit’s role in adding value to operations: Developing and - Optimise governance structures and linking risk oversight processes
implementing trainings - Aligning governance and oversight
- A crash course in soft skills: Overcoming process owner hostility - Embedding effective fraud risk management as part of the integrated
- Obtaining updated documentation and records of all operations and framework
transactions of the audited department - Using the integrated framework to create leverage between internal audit
- Maintaining a long term, mutually beneficial working partnership with and risk management
process owners and stakeholders
-
Workshop B Workshop D
Dealing with Bribery And Corruption Including the Bribery Act: Avoiding Fraud Related Losses: Developing Effective
Tools, Techniques, Indicators And Avoiding Losses Fraud Indicators And Anti-Fraud Frameworks For Early
Keith Read, Director Group Compliance & Ethics, BT, UK Compliance
Register’s Best
Detection And Prevention
cer
Timing: 13:00 – 16:30 Compliance Offi Santosh Agarwal, Head Of Compliance, ADCO, UAE
Rationale
The UK’s new Bribery Act will be a major challenge for all Governance, Timing: 13:00-16:30
Risk, Compliance (GRC), audit and procurement professionals. However, the Rationale
requirements of the Bribery Act are only part of the wider anti-bribery and Responsible for millions of dollars worth of losses each year, fraud is a
corruption with these areas - representing millions of dollars - continuing to major concern that continues to plague organisations across the globe. A
plague organisations across the globe. recent GCC survey reveals that 56% of entities consider internal processes
GRC and Internal Audit professionals hold a significant responsibility in the and controls as the most effective methods to detect fraud related
areas of anti-bribery and corruption this workshop will enable you to ensure incidents. Internal audit and risk assurance professionals hold a significant
that your organisation is well equipped to meet the requirements of the responsibility in combating fraud. This workshop will enable you to which
Bribery Act, understand the relative requirements of the Foreign and Corrupt will ensure that your organisation is well equipped to avoid fraud related
Practices Act (FCPA) and avoid bribery and 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
- The requirements of the Bribery Act Learning Objectives
- The requirements of the Bribery Act versus the FCPA - Designing and implementing reliable fraud indicators
- The compliance requirements of the Bribery Act - Monitoring fraud indicators and developing preventive measures
- Create and manage effective whistle-blowing policies - Establishing internal anti-fraud controls: Selecting one best suited to your
- Anti-bribery and corruption tools, techniques, frameworks and indicators organisational needs
- Governance structures and risk oversight, including roles and - Testing and improving the effectiveness of internal anti-fraud controls
responsibilities of audit
- Whistle blowing policies: How effective are they and implementing them
- Create and manage effective whistle blowing policies
in your organisations
Tel: 971-4-335 2437 Fax: 971-4-335 2438 Email: register@iirme.com Web: www.iirme.com/internalaudit 7
