INTERNAL CONTROL FOR BUSINESS workshop

Transcription

1 workshop perspective that matters 18 th April 2019 Serena Hotel, Islamabad

2 WHY IS THERE A NEED FOR THE Governance, Risk Management and Internal Control by their very nature are perceived to be compliance-oriented and not considered relevant for the Business. This perception needs to be changed and the workshop will strive to equip participants with the skills and mindset to become the agents of change for this purpose. how the day will look More than 60% of the workshop content is designed upon case studies. Putting on the hats of "Business" & "Risk" Professionals, participants will work together in a team setting to propose practical solutions. There will be activities where a team will need to convince the "Business side" of their proposed control. WHAT WILL BE THE KEY TAKE AWAYS At the end of the day you should be equipped to go back and have answers to the following questions within your set up: Are all the risks within a process catered for? Are our current controls really mitigating the risks? Have we maintained an optimum trade-off between the operational objectives and risk-mitigation? Why am I not able to get a buy-in from the stakeholders?

3 program Internal Control Mindset we need to project Tone at the Top How to see the Problem Looking beyond procedures Holistic approach to Control Development Do we have the right controls? Evaluation When the Rubber hits the Road How to get the control Implemented Emerging Business Operating Models Importance of Technology Governance who should attend? Internal Auditors External Auditors Finance Professionals Governance & Compliance Professionals

4 trainer profiles FAHEEM PIRACHA Internal Control is something very close to Faheem s heart. Back in 2005 when he left the Big 4 after mandatory training his first job was related to SOX 404 implementation in BHP Billiton. Later he worked for 5 years in Telenor and worked with a dynamic team in the areas of Governance, Internal Control & Risk Management. If BHP was related to implementation, Telenor was for optimization of controls. He also got a great opportunity to work along side the professionals of almost 13 countries from Asia & Europe to take controls to the next level. Faheem kicked off a consulting practice in 2013 with an aim to create better working lives through well governed organizations. He took the initiative of conducting the 1st Internal Audit Summit in Islamabad in In the same year a survey was issued by Hyphen on the State of Internal Audit in Pakistan. Being the CEO of Hyphen he has the privilege to lead the development of Pakistan s 1st Internal Audit Management Solution, Abilite. Faheem regularly writes in this domain and has led various consulting assignments in the areas of Internal Control, Process Improvement, IFRS Conversions & Governance within and outside Pakistan. He is a qualified Chartered Accountant and has more than 18 years of experience. azhar zia-ur-rehman Azhar Zia-ur-Rehman is a governance consultant with 40 years of experience in 20 countries in many verticals including telecommunications, petroleum, manufacturing, government, utilities, construction, health and engineering. He is the author of the only book ever written on the subject of technology governance. His specializations include fourth industrial revolution, corporate governance, technology governance, anti-bribery and transformation. He is the inventor of the DIGI4MATION methodology for transformation in the fourth industrial revolution.

5 Kehkeshan-3 Hall serena islamabad Thursday, 18th of April 2019 Registration Fee: Rs.21,500 (Group discount available) For Registration contact us at: Bank Details for Registration Fee: Bank Al Falah Hyphen Consultancy (Pvt.) Ltd. Acc# Deadline for Registration: 10 th April 2019 perspective that matters House# 193, Main Road (Khalid Bin Waleed Road), Opposite Qurtaba Mosque, Services Society SCHS E-11/2 Islamabad Tel: (051)