agenda



09:00-09:10 Welcome & introduction to the conference. Opening remarks from the chairman & co-chair.
Lady Olga Maitland and Mariano A. Davies
09:10-09:20 The 7 P's Of The Audit Committee: Purpose, Process, Professionalism, People, Project, Product And Partners and the introduction to the conference speakers and presentations
  • Clarification on what it takes for audit committee members to be responsible, knowledgeable, and effective.
  • What is the Audit Committee's Role in Governance, Risk, Compliance & IT Security?
  • What is the Audit Committee's Role in monitoring the code of ethics and code of conduct in the organisation
Kersi F. Porbunderwalla, Secretary General, Copenhagen Compliance
09:20-09:40 The Role and Interdependence of The Audit Committees, Boards Of Directors and Internal Audit.
  • How to ensure proper oversight, monitor internal controls and guarantee quality in disclosures.
  • The key issues of assessing and reporting on risk management and internal controls.
  • The critical relationship between audit committee effectiveness and internal auditing mandates
  • How can audit committee members maintain an in-depth understanding of the risks involved in the best practices and key activities
Jesper Jarlbæk, CPA. Member and Chairman of several Audit Committees
09:40-10:00 The Audit Committee's Role in the Strategy Process: Stress-Testing Plans in Scenario Simulations
Scenario planning is the audit committee's bridge from oversight to foresight. The audit committee should play an active role in the critical analysis of strategic plans:
  • More than just an important line of defense against rogue strategies,
  • The audit committee's involvement in strategic scenario planning prepares organizations to be more agile, robust, risk aware and resilient.
Matthew Spaniol, Scenario Planning Advisor. Trends & Scenario Group
10:00-10:30 Panel Discussion. Scenario Planning, Roles, Purpose, Processes and Independence
10:30-10:45 Coffee Break
10:45-11:05 Updating The Audit Committee Charter
  • Revising KPI's of The Audit Committee Oversight, Best practices, Standards.
  • The Audit Committee's Role and Responsibility in International Mergers and Acquisitions. Case Study
Gareth Garvey
11:05-11:25 How to incorporate integrated enterprise risk management in the audit committee - when standard Governance components and internal controls are no longer adequate. We review the components of an audit committee's toolbox.
  • Integrating risk management and compliance into the organization
  • How do Danish companies comply with the recommendations on risk management and internal controls?
  • How compliance can serve as a risk mitigation tool
  • Transforming the compliance function into a value center
Prof. Caspar Rose, CBS
11:25-11:45 Case Study. The need for audit and risk committees as independent committee. A practical example
Torben Nielsen, Chairman Audit Committee for Tryg Gruppen and others
11:45-12:15 QA session and panel discussion with Frank, Caspar and Torben for clarification on this morning's subjects
12:15-13:15 Lunch Break
13:15-13:35 Best In Class Audit Committee Behaviour
  • The right people, focus and facilitation for effectiveness vs. efficiency·
  • Taking advantage of board evaluations
Jakob Stengel, Managing Partner, Case Rose / InterSearch Denmark
13:35-13:55 How to deal with the Audit Committee Issues in China - Case based presentation.
  • An open and thought-provoking discussion on the performance of the audit committees in China.
Kai Martinsen, M.Sc, International Business Board Memner
13:55-14:15 Audit Committee and Internal Audit - what works best
  • Why Internal Audit is the Audit Committee's best friend
  • How to get maximum value from the Internal Audit function
  • Audit Committees roles and responsibilities
Johan Bogentoft, Director, PwC
14:15-14:30 QA session and panel discussion with Johan, Kai, and Jacob for clarification on this afternoon's subjects
14:30-14:50 Coffee Break
14:50-15:10 The Role of the Audit Committee in Implementing a Holistic View of Risk.
  • Perspectives on enterprise risk management (ERM).
  • The value Audit Committees brings to the ERM process.
Anni Harazuk, CPA, Board Member
15:10-15:30 Improving financial accounting and reporting by monitoring the compliance, auditing and independence.
  • Enforceable master netting arrangement
  • New balance sheet offsetting disclosures
Jens Røder, CPA, Secretary general Nordic CPA Association
15:30-16:00 What Are The Audit Committee Self-Assessment IT Tools
  • Assessing and monitoring the performance based on the Audit Committee Charter
  • Developing a customized IT tool to the committee's activities and assurance.
Hans Henrik Berthing, CPA
16:00-16:30 Round Table QA session and panel discussion with all speakers for clarification on todays subjects
16:30-17:00 Wrap-up of todays session.
This presentation summarises the speakers' presentations and judges it for positive correlations regarding the audit committee behavior, action and reaction.
  • The strategies of practical optimism can be applied by the audit committee members to improve results.
  • How can audit committee's clarify and align the goals, values and strategies to shrink the obstacles for alignment
Arthur Buchman, Corporate Psycologist


    *Conference Program is subject to changes. The Conference Language is English