Audit Conference Features In-House Audit & Risk Directors in Amsterdam,Thought Leader Global

Jan. 12, 2012 - PRLog -- Thought Leader Global will host a 2 day high profile conference in Amsterdam: "4th Internal Audit, Assurance and Risk Forum" on the 14th and 15th of May 2012.

It will be a unique opportunity to hear from both CAEs and CROs.
In particular, the new COSO Framework, Auditing Cloud Computing, Social Media and Governance frameworks for Sovereign Wealth Funds will be covered in detail.


The conference will feature presentations from expert speakers and leading industry experts. Some key highlights of the event include:


-Telenor:  Create Opportunities by Risk Handling
-Emirates Investment Authority: Governance Framework for Sovereign Wealth Funds
-Special Case Study:  Auditing Cloud Computing
-MIH Group: The Internal Auditor in Cyberspace
-Paychex:  Improving Risk Appetite Dialogue
-GAVI Alliance: Updated COSO Framework 2012
-IBM: Improving Governance and Compliance
-Swisscom: Auditing Social Media and Data
-easyJet: Enhancing the Risk Reporting Process
-Vale: Risk Management Compliance in Emerging Markets
-ASML: Evaluating Audit Effectiveness
-Nokia Siemens Networks: Incorporating ERM into Decision Processes to Leverage Opportunities and Enhance Business Value
-Randstad Holding: Forensic Examinations and Approaches
-Gemalto: Proactive Audit Strategies


For more info please visit:
http://www.thoughtleaderglobal.com/AuditandRisk2012.pdf



   Internal Audit  and Corporate Risk have reached a critical time for their role and perception by management.  Both Audit’s and Corporate Risk’s unique positions within GRC are vital. Only through innovation will they succeed in their goals. These innovations depend on goals which include self-assessment, ERM, technology, compliance & business integrity
   Developments in self-assessment have to be liberated through embedded testing, or continuous monitoring. This will require a better understanding of the business and of technology. First, audit must further perform audits on the actual strategy of the enterprise. To aide in this process, audit must measure the effectiveness of its own audits; then use better outcome-based metrics and data to demonstrate value. It must also bring IT audit and operational audit closer together. On notable area of interest is auditing cloud computing, where there is significant risk to enterprises. In addition social media holds a categority of its own in terms of risk.
   Strengthening Enterprise Risk Oversight has recently gained significant attention. Companies must review the COSO framework and recent guidance on ERM, then re-examine its risk philosophy, risk appetite and formulate a company-wide definition of risk management and tolerance levels. To support this, corporate risk and audit must each understand their roles to support the compliance process: deploying the necessary controls and technology while adhering to the appropriate policies, procedures & regulations.
   Both Audit and Risk’s role in risk (including fraud risk) continues to grow. As such, examining governance frameworks from a variety of industries ranging from IT, telecom, consumer goods, and even sovereign wealth funds provides ample insight. This unique event features numerous thought leaders who are currently leading innovation in their corporate environments.




For more information about this conference, please contact
Scott Rogers
Marketing Manager
Thought Leader Global
+44 203 239 1927
info@thoughtleaderglobal.com

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Thought Leader Global is a dynamic networking organisation which produces targeted business media and events on various issues to senior management in multinational enterprises.