The Wayside Network

One day (19 CPE points)

Who will benefit?

• Heads of Internal Audit
• Risk Managers
• Managers charged with creating and building a sound system of internal control
• Practitioners offering risk mangement and assurance services to clients

How will you benefit?
From Cadbury to Turnbull, and on to the Sarbanes-Oxley Act in the USA and the the new Combined Code in the UK, the principles and practice of good corporate governance have been adopted by organisations in both the public and private sectors, some of them because they had to, others because they recognised the advantages offered to their shareholders and other stakeholders. Most wide ranging of the corporate governance principles is the use of enterprise risk management techniques to promote the achievement of corporate objectives.

The course gives practical guidance on how to introduce risk management into your or your client's organisation and how to make sure it becomes embedded in the culture.

What does the course cover?
Corporate Governance Issues

• The Combined Code 2003
• The Turnbull Guidance on Internal Control
• Introducing Risk Management to the Board and the senior executives
• overnance for prosperity not just for accountability
• A UK view of Sarbanes-Oxley

Risk Management and Internal Control Issues

• Standards for Risk Management: A/NZS 4360 and after
• COSO 1: Internal Control - Integrated Framework
• COSO 2: Enterprise Risk Management Framework
• CoCo: A goal-centred alternative approach
• Techniques for identifying, evaluating and reporting on risks
• Creating an internal audit work plan which addresses the most significant risks

Speaker
Dr Sarah Blackburn, DBA, MBA, MA, FCA
Director, The Wayside Network Limited
Sarah has 19 years experience in auditing and has been head of internal audit in three FTSE100 companies. She is a member of two audit committees.