1. Healthcare

AUDIT AND
RISK COMMITTEE FORUM
SYDNEY
16 MARCH 2015
HILTON SYDNEY HOTEL
Sponsor
Audit and Risk Committee Forum 1
PROGRAM OVERVIEW
AUDIT AND RISK COMMITTEE FORUM
The Audit and Risk Committee Forum is specially designed for Audit and Risk Committee members to address
strategic issues that are shaping the operating environment of organisations today and to gain insights to
effectively manage the associated risks of business.
The program will be structured with a mix of high level keynote sessions (which are part of SOPAC® 2015)
and closed door break-out sessions for Directors to get down to the practicalities of addressing the key issues
on the role of Audit and Risk Committees.
To promote discussion and knowledge sharing on practical approaches that internal audit and risk functions
and Audit and Risk Committee members can employ to effectively manage risk, numbers to the forum will
be strictly limited.
SOME KEY BENEFITS OF ATTENDING THE FORUM INCLUDE:
•
Be
part of a unique opportunity to gather and
exchange knowledge with peers
•
Hear
what’s on the mind of leading Company
Directors as organisations address risk in today’s
business landscape
•
Gain
an understanding of ASIC’s expectations of
Audit Committees
*Eligible for 7 CPE hours for IIA-Australia members
•
Address,
discuss and discover solutions on the
day-to-day challenges of the Audit and Risk
Committee and find out what really makes
a good committee
•
Hear
from the front-line about the current and
future cyber threat that will face all organisations
•
Grow
your professional networks and contacts
to support your role as an Audit and Risk
Committee member
ORGANISATION PROFILES
The Australian Institute of Company Directors is Australia’s pre-eminent organisation for directors,
dedicated to making a difference to the quality of governance and directorship by providing education,
information and advocacy for company directors. With offices in each Australian state, we have more
than 35,000 members, representing a diverse range of small-to-medium enterprises, listed corporations,
public sector organisations, not-for profit companies, large private companies and smaller private family
concerns.
By providing a powerful series of educational and professional development programs, we provide
directors and organisations with informed answers to tough questions by educating them about the
issues that matter. We offer a range of director and board development courses to ensure that directors
with diverse levels of experience receive training that meets their needs.
The Institute of Internal Auditors is the leading body representing internal auditors. Globally, the Institute
represents more than 180,000 members in 165 countries.
IIA-Australia has a connection of nearly 7,000 professionals inclusive of 3,000 members Australia-wide.
Governed by a Board and supported by a national office, the Institute’s activities include the following:
• Providing
standards, guidance and information on internal auditing best practices
• Providing professional development activities and certification
• Bringing together internal auditors to share information and experiences in internal auditing
• Upholding standards by undertaking quality assurance services
• Advocating, promoting and publicising the profession to industry professionals, universities, government,
public and private sectors
• Contributing to the global profession with representation on international committees and
the global board.
Audit and Risk Committee Forum 3
MONDAY 16 MARCH 2015
8.00am – 8.45am
REGISTRATION
8.45am – 9.55am
SESSION 1 (Attendance at SOPAC® Keynote 1)
Living up to expectations - Leadership Innovation Value Effectiveness
With operational dynamics for organisations today changing at such a rapid rate, board members, business leaders, operational
managers and staff really to need to “LIVE the experience” of what is happening in the environment around them to ensure
that their organisations survive and thrive into the future.
This session will provide a global perspective on the dynamics that are impacting business today including impacts of
technology, emerging risks and opportunities and the changing expectations of boards, management and operational staff.
Key themes to be covered include:
• LEADING organisations through change – Being effective in a dynamic business environment
• Applying INNOVATIVE business practices to achieve the right balance between risk and opportunity
• Deriving more VALUE from the risk, internal audit and compliance functions to support the business
• Building EFFECTIVE governance structures that will live up to the business demands of the future
Dr Marianne Broadbent, Managing Partner, NGS Global
9.55am – 10.25am
MORNING TEA BREAK
10.25am – 11.15am
SESSION 2
Risk from the Board perspective
This session will delve into the concepts of risk tolerance, appetite and comfort levels, exploring how Audit Committees and
board members can best address risk management from the board room. Key areas of focus will include:
• Addressing ASX corporate governance principles
• Defining acceptable risk, risk ownership and responsibility
• Seeing the value in risk
• Knowing how to spot bad risk
• Developing a practical risk appetite framework
Brian Long, Independent Non-Executive Director, Commonwealth Bank, Cantarella Bros. Pty Ltd and Ten Network
Holdings Limited
11.20am – 12.10pm
SESSION 3
Cyber risk – A priority for the Audit and Risk Committee
This session will explore the real exposure that organisations face now and will face in the future in relation to cyber risk.
Key questions to be addressed include:
• What is the ASD seeing? - Threat trends, risk areas and understanding the cost and implications of cyber risk
• What are the common and not so common types of threats and attacks?
• Where are organisations letting their guards down?
• Why should organisations be putting cyber as the focal point of their risk register?
• How organisations and protective authorities can work together to better manage cyber risk
Major General Stephen Day DSC AM, Head of Cyber Security, Australian Signals Directorate (ASD)
12.15pm – 1.15pm
LUNCH
1.20pm – 2.10pm
SESSION 4
ASIC’s expectation of the Audit Committee
With increasingly stringent corporate and financial compliance requirements for organisations ASIC’s expectation of the Audit
Committee responsibilities is also on the rise. Key issues to be covered include:
• Key areas of ASIC’s compliance focus
• ASIC’s expectations of Audit committees reporting obligations - disclosure requirements, financial reporting and compliance
breaches
• ASIC’s expectations of Directors and Audit Committees on ensuring the quality of audit
• ASIC’s view on the working relationship between Director’s, Audit Committees, internal and external auditors
• How ASIC and the internal audit function can work better together in achieving good governance practices
Doug Niven, Senior Executive Leader, Financial Reporting & Audit, Australian Securities and Investments Commission
4 Audit and Risk Committee Forum
2.15pm – 3.05pm
SESSION 5
What makes a good Audit Committee?
This panel session will address the day-to-day management that all Audit Committees’ face. It will provide a forum for Audit
Committee members and CAEs to exchange ideas on the practicalities of Audit Committee management. Key points of
discussion will include:
• Audit Committee involvement in appointment and dismissal of CAEs
• Involvement, appointment and evaluation of external auditors
• Audit Committee private sessions
• Costs of audit programs
• Dealing with recommendations
• Audit report performance
• Supporting the CAE within the business
Geoff Brown, Chief Audit Executive, Department of Defence
Michael Coleman, Audit Committee Chair, Macquarie Bank and Audit Committee Member, Reserve Bank of Australia
Adjunct Professor Peter Achterstraat AM, President NSW Council of Australian Institute of Company Directors and
former Auditor-General of NSW
Anne McDonald, Chair Audit and Risk Management Committee, The GPT Group, Spark Infrastructure, Specialty Fashion
Group and Sydney Water
Facilitator: Mike Purvis, Managing Director, Sydney, Protiviti
3.05pm – 3.35pm
AFTERNOON TEA BREAK
3.35pm – 5.00pm
SESSION 6 (Attendance at SOPAC® Keynote 2)
Conformance vs performance – Setting the future direction of business
This interactive panel session will provide the opportunity for you to ask questions and hear insights from leaders in the
business community on their expectations on meeting the challenge of good business governance and the changing focus of
compliance vs performance. Key questions for discussion will include:
• The changing focus of performance driven organisations - Does it equate to the focus of the audit and risk functions, boards,
shareholders, customers and the community?
• Organisational controls – Stifling growth or growing shareholder value?
• What are the essentials to good governance and decision making structures?
• How to build the right organisational culture to sustain a successful approach to business?
Stephen Johns, Chairman, Brambles
Anton van Wyk CIA QIAL CRMA, Chairman, IIA-Global and Risk Assurance Leader for Africa, PwC
Jenny Boddington, Chief Executive Officer - QBE Lenders’ Mortgage Insurance and Executive General Manager –
Financial Institutions, QBE
Emily Canning, A/g Chief Financial Officer, Department of Human Services
THANK YOU TO OUR SPONSOR
Protiviti is a global business consulting and internal audit firm composed of experts specialising in risk, advisory and transaction services.
Our firm includes leading experts in areas of finance and accounting, internal audit, risk and compliance, technology effectiveness,
investigations and financial restructuring. Our professionals have powerful insights on par with the largest consulting organisations
in the world; however, we are more nimble and adept in delivering value for our clients.
Audit and Risk Committee Forum 5
HOW TO REGISTER
Online Registration
Register online at www.iia.org.au and follow
the prompts. Each delegate must complete a
separate online registration form.
Other Registration Options
Fax +61 2 9264 9240 (IIA-Australia)
Email
[email protected]
Mail
IIA-Australia
PO Box A2311
Sydney South NSW 1235
IIA-Australia members must be financial at
the time of registration to be eligible for the
member rate.
Please complete and return the registration
form along with full payment. Each delegate
must complete a separate registration form.
Forum fees
All fees are quoted in Australian Dollars and
are inclusive of the 10% compulsory goods
and services tax (GST).
Member Benefits
7 CPE hours for IIA-Australia Members
6 Audit and Risk Committee Forum
Audit and Risk Committee Forum 2015 Registration Fees
Registration type
Member*
Non-Member
Individual
$700
$850
# Combined – CAE with Audit Committee Member
(Only if CAE is attending SOPAC® 2015)
$800
$950
* To claim the member rate delegates must be financial at the time of registration with IIA-Australia
# A combined ticket is a discounted ticket for 2 people to attend the forum only when the CAE has purchased a ticket to
attend SOPAC® 2015. The two people who can attend on the combined ticket is the CAE who is attending SOPAC® 2015
and a representative from their Audit Committee. Not available for online registrations.
Schedule and General Changes
IIA-Australia endeavours to ensure that accurate information is contained in this brochure at time of printing,
however program content, speakers and information within this brochure are subject to change without notice.
At times it might be necessary to cancel or reschedule a forum after receipt of the confirmation letter.
IIA-Australia will provide advance notice of such changes, and in doing so will not be responsible for penalties
related to the cancelling or rescheduling of airfares, lodging, etc.
Liability/Disclaimer
To the extent permitted by law, IIA-Australia is not responsible for the actions, advice or representations
of delegates and speakers of the Audit and Risk Committee Forum. In completing the registration form, the
delegate indemnifies IIA-Australia for any direct, indirect or consequential loss or damage in connection with
any personal accidents, losses or damage to the personal property of delegates and any later substitutes. It
is strongly recommended that delegates take out adequate medical, travel and personal insurance prior to
commencement of the forum and travel.
AUDIT AND RISK COMMITTEE FORUM 2015
REGISTRATION FORM AND TAX INVOICE
16 MARCH 2015 HILTON SYDNEY HOTEL
1. PROVIDE PERSONAL DETAILS – Please use block letters
3. SPECIAL REQUIREMENTS
Title
Dietary requirements
Prof
Dr
Mr
Mrs
Ms
Miss
Other
Please specify if you have any meal requirements. Please note that
some special meals will incur an additional change. You will be
notified if this is the case for the food type you have indicated.
Family name
Given name
Name you wish to appear on name badge
CIA® QIAL™ Postnominal CCSA™ CRMA™
CGAP™
Other
CFSA™
Position
Organisation
Address for correspondence
City/State
Country
Telephone (
)
Facsimile (
)
Postcode
Special assistance
Mobile
Please indicate if you have a disability or require assistance to
participate fully. Please list the type of assistance you require.
Email
Please indicate your membership number
IIA Member
2. CONFIRM NAMES FOR COMBINED TICKET
Chief Audit Executive Name:
Audit & Risk Committee Member Name:
NOTE: All fees are quoted in Australian dollars (AUD) inclusive of GST.
This document will be a tax invoice/receipt for GST when you make payment
ABN 80 001 797 557
Audit and Risk Committee Forum 7
4. PAYMENT DETAILS
5. RETURNING FORM
Method of payment
Please return form and payment to
1
I wish to pay by credit card*
*3% surcharge for Amex/Diners 1.5% surcharge for Visa/MasterCard
Please complete the following:
Visa
MasterCard
Amex
Diners
Total amount in AUD $ Audit and Risk Committee Forum 2015
Institute of Internal Auditors – Australia
PO Box A2311
Sydney South NSW 1235 Australia
Fax +61 2 9264 9240
[email protected]
General enquiries
Credit Card Number Name of Card Holder IIA-Australia
[email protected]
Tel +61 2 9267 9155
Tel Toll free (within Australia) 1800 236 366
www.iia.org.au
Signature Expiry Date 2
I will transfer the above sum to the Audit and Risk Committee
Forum 2015 bank account (details below).
Level 7, 133 Castlereagh Street
Sydney NSW 2000 Australia
Account Name: The Institute of Internal Auditors – Australia
Bank: Westpac Banking Corporation
Address: 84 King Street, Sydney NSW 2000
Branch (BSB): 032003
Account Number: 478233
Swift code: WPACAU2S
To enable us to identify your payment, please ensure that your
name and ARC Forum 2015 appear on the transfer.
Please email a record to [email protected].
3
I have enclosed an Australian cheque (cheques should be
made payable to The Institute of Internal Auditors Australia)
Cancellation Policy
Cancellations must be notified in writing to IIA-Australia. Cancellations received 30 days prior to the forum will receive a full refund. Cancellations received from 30 days to 15 days
prior to the forum will receive a refund less AUD $200.00 administration fee, cancellations received within 14 days of the forum will forfeit the registration fee paid. A substitute
delegate will be accepted at no extra charge, subject to membership status, if advised in writing. Transfer of monies to any other IIA-Australia product or service is not permitted.
Privacy Statement
I, or a later substitute hereby consent to my/their name, position and organisation being included in the Forum Delegate list and contact details forwarded by IIA-Australia to
related third parties including sponsors and exhibitors. I understand that if I do not provide consent my name will not be published in the list of participants that is distributed to
each forum delegate upon registration.
I acknowledge that details will be used to confirm my membership status at IIA-Australia. If you do not indicate your preference it will be assumed that we may use your
details as described.
Do not consent IIA-Australia will handle any personal information collected on this form in accordance with its Privacy Policy.
Liability/Disclaimer
On completing this registration form, I accept that to the extent permitted by law IIA-Australia is not responsible for the actions, advice or representations of delegates
and speakers of Audit and Risk Committee Forum 2015. In completing the registration form I indemnify the IIA-Australia for any direct, indirect or consequential loss or
damage in connections with any personal accidents, losses or damage to personal property of myself and any later substitutes.
Office Use Only
Cheque $
Comments
Credit card $
Entered
Date