internal audit and risk assurance brochure

Internal Audit & Risk Assurance25 – 29 September 2011 • Dusit Thani Hotel, Dubai, UAE

Reassessing The Role Of Internal Audit And RiskAssurance To Enable And Support Business Goals

A diversified learning experience with international and regional thought leaders:

International Insights Directors & Vice Presidents OfAudit & Risk Management Heads Of Internal Audit

Robert RudloffVice President Internal AuditMGM Resorts International, USA

Keith ReadDirector Group Compliance & EthicsBT, UK

Roger HickmanHead of Business IntegrityShell, The Netherlands

Furqan Ali NasriDirector Internal Controls AssessmentSiemens Middle East, KSA

Aley RazaVice President Internal AuditENOC, UAE

Ahmed Al AnsariAudit & Risk Assessment Group DirectorDubai Aviation City Corporation, UAE

Harsh MohanVice President Internal Audit & Risk ManagementEtihad Airways, UAE Rehan KhalidResident Vice PresidentCitibank, UAEPrashanth NaikExecutive Director Internal AuditDubai Properties Group, UAEHussam A. Abu AishehExecutive Vice President Chief Of Internal Audit, Sharjah Islamic Bank, UAEAvinash TotadeVice President Internal AuditDubai Aluminum Company, UAE

Zeid JaradatGroup Head of Internal AuditAW Rostamani Group, UAE

Malcolm WalkerGeneral Manager Corporate GovernanceNational Bank Of Abu Dhabi, UAE

Paul ShantzHead Of Internal AuditNCB Capital, Bahrain

Kalim Ahmed Khan,General Manager Group Internal AuditMajid Al Futtaim Group, UAEShagufta FaridHead Of Internal Audit & ComplianceFinance House, UAEGhaith R. FayezLead AuditorSaudi Aramco, KSA Shabbir JawadwalaChief Internal AuditorTamweer, UAEAnd Many More!

Critical Learning AreasMitigating The Added Cost Of Fluctuating Risks

Adding Value Operations And Business Goals

Management’s Supporting Role In Maintaining A Robust OrganisationPreventing Fraud Related Losses

Overcoming Compliance Hurdles With The Updated Bribery Act

Combating The Constant Threat Of Corruption

Creating Leverage Between Internal Audit And Risk Management

Increasing Scope Of Internal Audit: Buy-In With Process Owners And Stakeholders

Workshop A: Increasing Depth And Scope Of An Audit: Creating Buy-In With Process Owners And Stakeholders

Workshop B: Identifying And Monitoring Key Risk Indicators (KRIs): Developing A Targeted Internal Audit Plan

Workshop C: Avoiding Fraud Related Losses: Developing Effective Fraud Indicators And Anti-Fraud Frameworks For Early Detection And Prevention

Workshop D: Integrated Assurance Framework: Practical Tools And Strategies To Implement An Integrated Assurance Framework

See page 7 for more details

Plus! Certificate In Internal Audit 27- 29 September 2011

Led by renowned expert Phil Griffiths, Founder & Managing Director, Business Risk Management, UK See page 6 for more details

In association withwww.iirme.com/internalaudit

85% New Speakers From Across Different Industries And Sectors More Networking Opportunities With Structured Sessions And

Hosted Lunches Maximised Interaction With Open Forums, Q&A’s And Interactive

Panels The Bribery Act A Major Audit, Risk Compliance And Procurement

Challenge Overcoming Corruption Risks Corruption Risk Management Internal Audit Effectiveness Measuring KPIs, Balanced Scorecard &

Quality Assurance Review Strategically Aligning Internal Audit To Contribute To Business

Objectives

Exhibitors

New2011 Programme

Comprehensive and intensive learningfacilitated by leading practitioners:

Be an Early Bird!Register before

15 July 2011 andsave up to US$ 3,780!

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Time Critical Sessions tailor-made to meet your needs:

The Evolving Role Of Internal Audit• Where should the internal audit profession be going• Strategically aligning internal audit: Contributing to Overall Business

Performance• Maintaining A Robust Internal Audit Plan: Developing A Flexible Audit

Plan To Target Emerging Risks

Metrics & Effectiveness• Measuring the impact of advisory services provided by audit

functions: using balanced scorecard• Engaging auditees as active partners in the audit process• quality assurance review of internal audit• Proactively measuring factors of internal audit effectiveness• Developing objectives and KPIs for the internal audit function and

preparing performance reports for audit committees and senior management

• Building constructive communication channels with management to promote internal audit within the organisation

Corporate Governance & Compliance• Does Internal Audit’s Performance Align With Management’s

Expectations• Audit’s Role In Reviewing The Company’s Corporate Governance

Framework• Audit Committees: A Call To Excellence• Who Should Internal Audit Report To: Its Implications On Objectivity,

Effectiveness And Business Goals• Internal Audit’s Changing Relationship With Compliance

Fraud, Forensics & Anti-Bribery• Implementing An Effective Fraud And Forensic Auditing Process• The Bribery Act: A Major Audit, Risk Compliance And Procurement

Challenge• Navigating Anti-Corruption Risk Management: Developing Corruption

Risk Indicators

Risk Management & Assurance• Designing Frameworks To Support Effective Management Of The

Highest Compliance Risks• Adopting And Embedding ERM In Your Organisation: The Pros And Cons• Identifying And Monitoring KRIs: Raising Reliability And Preparedness

Of Internal Audit

Al Baraka Islamic Bank • ARABSAT • Gulf International Bank • Al Ghanim Industries• Qatar Telecom • SAMBA Financial Group • Saudi Arabian Mining Co. • Saudi Aramco Mobil Refinery • Saudi British Bank • Siemens • National Bank Of Abu Dhabi • Dubai Aluminium Co.Ltd • Egyptian General Petroleum Corp. • Kuwait Petroleum Corporation• Saudi Electricity Company • National Drilling Company • Invest AD • ADMA-OPCO• The National Commercial Bank • Arab Monetary Fund • DP World • GASCO • ADNOC • HSBC • Oman LNG • Central Bank Of Kuwait • Arab National Bank • ZADCO • Abu Dhabi Investment Authority • Oman Housing Bank • Kuwait Finance House • American University Of Sharjah • Saudi Electricity Company • Coca Cola • Ministry Of Defence - Muscat • Bank Indonesia • Abu Dhabi Ports Company • State Audit Bureau Qatar• Abu Dhabi Electricity And Water Authority • Saudi Oger • Etisalat • Dolphin Energy Ltd • Department Of Finance – Dubai • Tadawul • Emaar Economic City • Dubai Gold & Commodities Exchange • Marafiq • Roads & Transport Authority • ALDAR Properties• And Many More

Past Participants Include:

Internal Audit & Risk Assurance25 – 29 September 2011 | Dusit Thani Hotel, Dubai, UAE

Tel: 971-4-335 2437 Fax: 971-4-335 2438 Email: [email protected] Web: www.iirme.com/internalaudit2

20+ Leading Experts from:

• Banking & Finance• Oil & Gas• Real Estate• Hospitality• Telecoms• Manufacturing• Aviation

• IT • Construction• Retail• Automotive• Travel & Leisure• Shipping• Logistics

Directors, Heads of, Managers:Internal AuditRisk ManagementRisk AssuranceRisk AssessmentControl RiskComplianceLegal & ComplianceFraud ControlFraud & Investigation

Internal ControlsCorporate GovernanceEthicsQualityPolicies & ProceduresFinancial ControllerIT AuditFinancial Audit

Internal Audit is evolving so rapidly and each day brings a new challenge to any business. Internal Auditors need to keep learning and improving their qualifications to face those challenges. Part of the development of Internal Auditors is sharing experience and exchanging information for which Internal Audit & Risk Assurance presents a unique opportunity.Ghaith R. Fayez, Lead Auditor, Saudi Aramco, KSA

Not only the selection of the topics, but the mix of unique methodologies and techniques in Internal Audit and risk consultations are really very attractive for internal auditors who are willing to learn, share and upgrade their own professional experience.Zeid Jaradat, Group Head of Internal Audit,AW Rostamani, UAE

Who you

will meet

Regional Keynote

Conference Day 1: AgendaSunday, 25 September 2011

OpeningPanel

Interactive Session

Tel: 971-4-335 2437 Fax: 971-4-335 2438 Email: [email protected] Web: www.iirme.com/internalaudit

12:00 Measuring The Impact Of Advisory Services Provided By Audit Functions: Using Balanced Scorecard

- Understanding the crucial advisory needs of executive management- Mapping the IA advisory services to Balanced Scorecard goals- Linking executive management needs with items on the audit plan- Implementing a web portal reporting system for holistic monitoringFurqan Ali Nasri, Director Internal Controls Assessment, Siemens Middle East, KSAFurqan has held leadership positions at Fortune 100 companies such as Siemens, Motorola, Deloitte and ABC Television. He has led highly effective teams in assignments covering IT Services Rollouts, Establishing Project Management Offices, ImplementingERM Solutions, and establishing Corporate Governance Programs.

12:45 Networking Lunch

13:45 Open Forum: Engaging Auditees As Active Partners In The Audit Process

Engaging and creating buy-in with the process owners is one of the biggest challenges faced by internal auditors, having dire consequences to the organisation. In this open and interactive session, professionals from across industries will share and develop ideas to overcome process owner hostility, increasing the depth and scope of audit. The combined inputs and insights of audit professionals across industries will lead to a solution that can be successfully implemented in every unit.

14:30 Quality Assurance Review Of Internal Audit

- Quality Assurance: Defining its standards in an internal audit context- Evaluating various Quality Assurance Assessments: Selection and

implementation- Understanding the quality maturity model and Quality Assurance

Rating- Creating an accurate and practical quality assurance report- Assessing common challenges: Overcoming the implicationsAmr Sami El Kasaby, Group Chief Internal Auditor, Burgan Bank, KuwaitAmr is responsible for leading and directing all internal audit reviews/audits and special projects in the financial, operational, compliance and information systems areas of the Bank and its four subsidiaries.

15:15 Proactively Measuring Factors Of Internal Auditing Effectiveness- Assessing the various factors that influence audit effectiveness- Transforming internal audit effectiveness: Tools and frameworks- Increasing internal audit effectiveness: Applying best practicesGhaith R. Fayez, Lead Auditor, Saudi Aramco, KSAGhaith supervises and performs operational audits for different business lines including project management, refineries, constructions, product distribution, gas plants, producing and terminals. In addition he performs other activities, which include providing on-the-job to inexperienced staff and providing consulting services.

16:00 Refreshment And Networking Break

16:15 Developing Objectives And KPIs For The Audit Function And Preparing Performance Reports For Audit Committees And Senior Management

- Identifying KPIs and objectives for the audit function- Obtaining a reliable measure for audit function KPIs- Preparing performance reports for audit committees and senior

managementKalim Ahmed Khan, General Manager, Group Internal Audit,Majid Al Futtaim Group, UAE

17:30 Building Constructive Communication Channels With Management To Promote Internal Audit Within The Organisation

- Management’s requirements of internal audit - Delivering expectations: Building constructive communication

channels- Continuously improve communication channels: Developing a long

term alliance with managementHussam A. Abu Aisheh, Executive Vice President, Chief Of Internal Audit, Sharjah Islamic Bank, UAE

18:15 Closing Remarks From The Chair

18:30 End Of Day 1

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08:00 Registration And Morning Refreshments

08:45 Opening Remarks From The ChairPhil Griffiths, Founder & Managing Director,Business Risk Management, UK

09:00 Where Should The Internal Audit Profession Be Going?- Revaluating the role of internal audit in changing times- Providing objective reports on business activities- The impacts of organisational and external changes on internal

audit functions- How is internal audit responsible for business objectives?Hussam A. Abu Aisheh, Executive Vice President, Chief Of Internal Audit, Sharjah Islamic Bank, UAEPrior to joining Sharjah Islamic Bank, Hussam worked with KPMG managing a diversified portfolio of statutory audit clients operating in different industries as well as being involved in forensic engagements.Kalim Ahmed Khan, General Manager, Group Internal Audit, Majid Al Futtaim Group, UAE Kalim Khan is General Manager of Group Internal Audit at Majid Al-Futtaim (MAF) Holdings,and possess more than sixteen years of experience in the field of auditing and quality assurance. Prior to MAF, Kalim worked for KPMG Lower Gulf, Philips Electronics and Citibank NA. Shabbir Jawadwala, Chief Internal Auditor, Tamweer, UAESince 2006 Shabbir has been the Chief Internal Auditor at Tameer Holding Investment , reporting to the Board and Audit Committee. Prior to joining Tameer he was the Director of Internal Audit at Omantel.Avinash Totade, Vice President Internal Audit, Dubai Aluminum Company, UAEAvinash is the secretary of the Governance and Internal Controls Committee of Dubai Aluminum Company. He is responsible for managing a world class assurance function and has a passion for corporate governance. He is an advisor to the Finance and Audit Committee of Emirates Aluminum Company and also serves as Vice President on the board of the ISACA UAE Chapter.

09:45 Strategically Aligning Internal Audit: Contributing To Overall Business Performance

- Meeting business expectations: How internal audit supports business performance and objectives

- Defining the role of internal audit within the wider corporate governance framework

- Structuring internal audit to promote objectivity, consistency and business understanding

- Ensuring that internal audit contributes to KPIs and brings added value to the business

Harsh Mohan, Vice President - Internal Audit & Risk Management, Etihad Airways, UAEHarsh is responsible for the Governance, Compliance and Internal Audit functions of Etihad Airways. In addition he also looks after ERM. Prior to joining Etihad Airways he was the Auditor General of Air Canada.

10:30 Meeting Accelerator - Structured Networking SessionA structured session designed to give you the opportunity to meet all participants including your peers, industry leaders and speakers. Share your concerns, success stories, practices and insights - one professional to another. Bring plenty of business cards!

11:00 Refreshment Break

11:15 Maintaining A Robust Internal Audit Plan: Developing A Flexible Audit Plan To Target Emerging Risks

- Major requirements for an internal audit plan: Risk Assessment, BOD expectations, Audit Committee concerns, ERM updates, Key Business Strategic Plans

- Developing and maintaining a KRI dashboard, automation of the risk factors and defining thresholds

- Continuously monitoring risk factors and KRIs- Being prepared: Developing an action plan for possible scenarios

and appropriate contingency plans- Updating audit plans: Addressing new and emerging risks Zeid Jaradat, Group Head of Internal Audit, AW Rostamani, UAEA Certified Internal Auditor, Fraud Examiner and Risk Professional, Zeid established the Risk Management function for the AW Rostamani Group. His previous experience includes international assignments in USA, Italy, Portugal, UK, North Africa and Middle East for the Big Four.

The Evolving Role Of Internal Audit

Metrics & Effectiveness

Interactive Session

International Keynote

Settle the ongoing debate

Interactive Session


Must Attend!

SpecialInsight

Conference Day 2: AgendaMonday, 26 September 2011

08:30 Morning Refreshments

08:45 Opening Remarks From The ChairPhil Griffiths, Founder & Managing Director,Business Risk Management, UK

09:00 Does Internal Audit’s Performance Align With Management’s Expectations?

- Aligning internal audit’s performance with management expectations- Ensuring that internal audit performance is in sync with

management’s expectations: A framework- Updating the framework: Ensuring internal audit continues to meet

management’s evolving expectationsRobert Rudloff, Vice President Internal Audit, MGM Resorts International, USABob is a 30 year veteran of the hospitality and gaming industry. Currently he is responsible for directing internal audit program at all MGM Resorts’ owned and operated properties. Prior to joining MGM Resorts, Bob was Director of Internal Audit Services with PricewaterhouseCoopers. Bob is a recognised leader in the internal auditing profession having held positions of leadership within the IIA at the local and international level for over twenty years.

09:40 Audit’s Role In Reviewing The Company’s Corporate Governance Framework

- Providing an objective evaluation of existing risks and internal control frameworks

- Conducting a systematic analysis of business processes and associated controls

- Assessing the accomplishment of corporate goals and objectivesMalcolm Walker, General Manager-Corporate Governance, National Bank Of Abu Dhabi, UAEBefore joining NBAD in 2010, Malcolm spent over 20 years Standard Chartered Bank based in London, Dubai, Singapore, Seoul, Tokyo and New York. He previously spent 12 years with the British Army’s Special Investigation Branch serving for 2 years on Anti-Terrorist operations in Northern Ireland.

10:25 Audit Committees: A Call To Excellence- The organisation’s Central nervous system- Identify areas requiring audit committees’ increasing understanding- What does an effective audit committee look like?- Audit’s role in supporting the audit committee’s pursuit of excellence- What are the committee’s criteria when evaluating internal audit?- Chief Audit Executive: How will his/her role evolve from here?Paul Shantz, Head Of Internal Audit, NCB Capital, BahrainPaul has played leading roles in transforming and managing internal audit departments in North America, Europe and the Middle East. He has held executive level positions at CIBC, NatWest/RBS, Riyad Bank, Allied Irish Banks and Alghanim International. Paul has also consulted to a number of regulators as well as to professional firms and their clients in Asia and Australia.

11:10 Networking & Refreshment Break

11:30 Evaluating The Role Of Corporate Governance In Influencing Internal Audit

- Corporate governance and its impact on an organisation’s activities- The role of corporate governance in supporting internal audit- Improving Internal Audit: Addressing changes in corporate

governance frameworksAhmed Al Ansari, Audit & Risk Assessment Group Director, Dubai Aviation City Corporation, UAEAhmed performs Financial, Compliance and Performance Audit, in addition to the Risk Assessment and Corporate Governance assignments. His position covers all the entities that come under the Dubai Aviation City Corporation including Dubai World Central, Dubai Airports Corporate, Engineering Services Department, Dubai Duty Free, Dubai Aviation Navigation Services, Dubai Aviation Club, Airport Hotels.

12:15 Speaker Hosted LunchThis is your chance to chat with leading speakers over a relaxed seated lunch. Ask them to elaborate on points made during their presentation or take the opportunity to put your ideas to the people shaping internal audit and risk assurance. Sign up for the table of your choice below:Table 1 – Robert Rudloff, MGM Resorts InternationalTable 2 – Keith Read, BTTable 3 – Roger Hickman, Shell

4

13:15 Panel Discussion: Who Should Internal Audit Report To? Its Implications On Objectivity, Effectiveness And Business Goals

- Ensuring that internal audit is independent of the audited activities and internal processes

- Avoiding situations conducive for conflict of interest- Maintaining objectivity and the authority to communicate directly with

stakeholders- The pros and cons of reporting to management and audit committee- Exploring alternative entities to govern internal auditAhmed Al Ansari, Audit & Risk Assessment Group Director, Dubai Aviation City Corporation, UAEPrashant Naik, Executive Director – Internal Audit, Dubai Properties Group, UAE

Shagufta Farid, Head Of Internal Audit & Compliance, Finance House, UAE

14:00 Implementing An Effective Fraud And Forensic Auditing Process - Obtaining a more detailed understanding of the entity and its activities

to identify areas risk- Determining the direction of the audit- Minimising organisation’s losses by implementation of an anti fraud

framework to facilitate prevention, detection and investigation of fraud

- Insight into role of internal audit in fraud investigation and fraud auditing techniques

Prashant Naik, Executive Director-Internal Audit, Dubai Properties Group, UAEPrashant has over 18 years of multi industry experience, specialising in internal audit, fraud risk management and enterprise risk management. Before joining Dubai Properties Group he was Cummins India & KEC International.

14:40 The Bribery Act - A Major Audit, Risk, Compliance And Procurement Challenge

- What the Bribery Act means for your business and internal audit- Identifying risks of bribery in international operations- Proving you have adequate anti-bribery procedures- Challenges in implementing adequate proceduresKeith Read, Director-Group Compliance & Ethics, BT, UKKeith has extensive experience in international regulatory compliance, ethics, broad-based governance, the Bribery Act, associated ‘adequate procedures’ and telecommunications, including the Regulatory Settlement with Ofcom as part of the UK’s Telecommunications Strategic Review.He is a former winner of the Compliance Register’s Best Compliance Officer award, and also won the Best Compliance Company award for BT.

15:30 Navigating Anti-Corruption Risk Management: Developing Corruption Risk Indicators

- Changing corruption threats: Identifying the key corruption risks facing the organisation

- Developing reliable corruption risk indicators- Continuously improving corruption risk management: Monitoring

emerging risks- Assessing the role of internal audit, risk management and

management in anti-corruption risk managementRoger Hickman, Global Head Of Business Integrity, Shell, The NetherlandsPrior to joining Shell Roger worked for KPMG, conducting investigations into fraud and misconduct in multiple jurisdictions in the Middle East and Africa as well as China, the United Kingdom the USA. Roger has a dual qualification as a Chartered Accountant and lawyer. He previously taught law to undergraduate students and finance to MBA students. Since June 2011 he is on secondment from Shell to the Qatar International Petroleum Marketing Company in the role of CFO.

16:15 Internal Audit’s Changing Relationship With Compliance- The evolving objectives of compliance and its impact on internal audit- Developing innovative methods to support the objectives of

compliance- Building an active partnership together to support business objectivesMuhammed Zahid, Compiance Officer, Riyad Bank, KSABefore joining Riyad Bank, Muhammed was the Assistant Director of the State Bank of Pakistan. He introduced transformational approach to compliance management to managing change through phased manner.

Corporate Governance & Compliance

Fraud, Forensics & Anti-Bribery

17:00 Fighting High-Tech Fraud: Preventing And Detecting Fraud In An Automated World

- The risk and potential cost of high – tech fraud to an organisation- Utilising Data Anaylsis to effectively combat fraud- Assessing the effectiveness of IT Techniques for early prevention and

detectionShagufta Farid, Head Of Internal Audit & Compliance, Finance House, UAEOver the past 20 years, Shagufta has occupied several senior positions in financial institutions locally as well as internationally in the fields of auditing and consultancy, project/asset management, finance, investment and other areas of banking products. She is also Audit Committee member in a few organisations.

17:45 Adopting And Embedding ERM In Your Organisation: The Pros And Cons

- The approach: Top down or bottom up?- Engaging top management and identifying the advocates- Where are we now and where should we go?- Evaluating the next steps in effective implementationAley Raza, Vice President Internal Audit, ENOC, UAEAley has over 15 years of experience in internal audit. He currently manages an internal audit team of 15, serves on a number of Audit Committees as a support / secretary and has become an integral part of the ENOC’s senior management team.

Vishal Verma, Internal Audit Manager, ENOC, UAEVishal is a seasoned Audit & Risk professional working having Internal Audit experience in broad spectrum of industries including Energy sector including Oil & Gas -Exploration & Production, Refining and Trading.

18:30 Closing Remarks From The Chair

18:55 End Of Main Conference


Conference Day 2: AgendaMonday, 26 September 2011

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Sponsorship Opportunities Available

Participating as a sponsor at Internal Audit & Risk Assurance presents you with a unique one stop opportunity to meet with top industry decision makers and position yourself as a market leader.

What’s more is that Internal Audit & Risk Assurance gives you a platform for a targeted marketing approach to promoting your corporate image, products and services as well as creating greater market awareness. Our sponsorship packages are designed to give your brand targeted exposure and increase your client base with networking opportunities, including:

• Pre-arranged one to one meetings with decision makers• An opportunity to present a paper to our audience• Unique product demonstration area• Increasing you brand awareness through our above and below the line marketing campaign

Please call Mark Butler on +971 (0)4 4072516 or email him at [email protected] for more information.

Exhibitors

Risk Management & Assurance

As the world’s leading audit management software, TeamMate has revolutionised the audit industry, empowering audit departments of all sizes to spend less time documenting and reviewing and more time providing value-added services. TeamMate’s award winning system increases the efficiency and productivity of the entire internal audit process, including risk assessment, scheduling, planning, execution, review, report generation, trend analysis, audit committee reporting and storage. By providing an integrated paperless strategy for managing audits, TeamMate eliminates the barriers associated with paper-filled binders and disconnected electronic files, driving efficiencies into all facets of the internal audit workflow.

As a prominent provider of financial education and training LYNCHPIN Financial Training Centre has built a reputation for excellence. As the trainer of choice for many of successful professionals the course structures incorporate the use of innovative learning materials and teaching and are carefully designed around the needs of course aspirants. LYNCHPIN Financial Training Centre offers real choice with programmes across an ever widening range of business professions, highly experienced tutors, strong links with leading global course review providers and unmatched flexibility in the way one can study.

Registration will start at 07:30 on 27 September. The course will commence promptly at 08:00 and conclude at 17:00.Lunch will be served at 12:00 and there will be refreshment breaks at appropriate intervals


What You Will Learn

• How to assess internal audit’s contribution as a function• How to audit Corporate Governance• How to audit the Audit Committee• The techniques of continuous audit

• The techniques of environmental auditing• How to audit business continuity planning• The modern approach to contract and project audit• The techniques of IT and VFM audit

Why You Should Attend

As a progressive audit practitioner who strives for excellence, your vision is world-class and you realise that long term survival in today’s competitive marketplace means delivering impeccable products and services and auditing the wide range of business risks.

An advanced and innovative auditing strategy coupled with effective implementation can greatly enhance the departmental value added and company – wide support of your auditing function

Expertise in the more technical business areas are essential to maintaining a stable foundation from which your company can effectively compete in the Middle East.

The biggest challenges to modern internal audit functions will be covered in the course – including auditing your organisations reputation and brand.

Certificate In Internal AuditTuesday 27- Thursday 29 September 2011

Phil is founder and Managing Director of Business Risk Management Ltd and is regarded as one of the world’s leading experts in Internal Audit. A Chartered Accountant, and an Associate of the Institute of Internal Auditors, he has over 25 years’ experience in internal audit, risk management and fraud prevention and detection as practitioner, professional adviser, facilitator

and trainer. He has held top management positions with three international groups, in roles embracing internal audit, finance, project management and risk management.

He has extensive experience of the Middle Eastern market having worked with over 250 organisations in the UAE, Oman, Lebanon, Qatar, Bahrain, Saudi Arabia and Kuwait during the past 10 years and worked in all major sectors.

He is a renowned author – his recent book ‘Risk Based Auditing’ is an international best seller. Phil has published research into many aspects of internal audit and risk management best practice, including “Strategic Risk management”, “The Need to Co-ordinate Assurance Providers” and “The Expectations of Chief Executives towards Internal Audit and its future”

Meet Your Expert Course Leader Phil Griffiths

1. The New Internal Audit Challenges

• Recent Professional Guidance And Practice Advisory StatementsExercise 1 – The Challenges Of New Standards

• The Key Aspects Of Corporate GovernanceExercise 2 – Defining The Parties And The Key Governance Issues For Each Party

• Auditing Governance ReadinessExercise 3 – The Challenges In Carrying Out A Governance Audit

• Auditing The Risk Management ProcessExercise 4 – The Challenges In Meeting Risk Management Governance Requirements

• Auditing The Audit Committee ProcessExercise 5 – The Audit Committee Challenges

2. The Wider Internal Audit Brief

• Continuous AuditingExercise 6 – Opportunities For Continuous Auditing

• Environmental AuditExercise 7 – Challenges Of Environmental Audit

• Auditing Business Continuity Management (BCM)Exercise 8 – BCP Audit Discussion

• Auditing Outsourced ContractsExercise 9 – Challenges Of Auditing External Contracts

• Brand And Reputation Audit – The Ultimate ChallengeExercise 10 – Auditing A Reputational Disaster

3. CSR And VFM Audit

• Social Responsibility, Ethics And Meeting Stakeholder ExpectationsExercise 11 – CSR And Meeting Expectations – The Audit Challenges

• The Modern Approach To VFM Auditing• The 3 Es

Exercise 12 – VFM Review Of Customer Service• Key Steps In Completing A VFM Review

Exercise 13 – Assessing Performance Via Pls• VFM Audit Techniques

Case StudiesExercise 14 – Topics Will Be Chosen By You And The Audit Will Be Brainstormed

4. Auditing Projects And IT Audit

• Auditing ProjectsExercise 15 – Completing A Project Audit

• Auditing Systems Under DevelopmentExercise 16 – Challenges Of Systems Development Audit

• IT AuditingExercise 17 – Challenges Of IT Audit

Visit www.iirme.com/auditcert for more information

Agenda

6

In association with

WorkshopDay One: Tuesday, 27 September 2011 & Day Two: Wednesday, 28 September 2011

Day One: Tuesday, 27 September 2011 Day Two: Wednesday, 28 September 2011

Registration for each workshop will begin at 08:00 on the day with breaks at appropriate times and one hour for lunch.


Workshop CThe Integrated Assurance Framework: Practical Tools And Strategies To Implement An Integrated Assurance FrameworkShagufta Farid, Head Of Internal Audit & Compliance, Finance House,UAE

Timing: 08:30 – 12:00RationaleThe underlying premise of integrated assurance is that every entity and function exists to provide value for its stakeholders. Every entity faces uncertainty and the challenge for management is to determine how much uncertainty to accept as it strives to grow stakeholder value. Uncertainty presents both risk and opportunity, with the potential to erode or enhance value. The assurance framework enables the organisation to deal with uncertainty and associated risk and opportunity, enhancing the capacity to build value. This workshop will give you key insights that will enable you to develop and implement an integrated assurance framework in your organisation. This will support your orgaisation to maximise value by striking a balance between growth and returns, goals and related risks, effectively and efficiently to meet business objectives.

Learning Objectives- Effectively develop and implement an integrated framework reflecting

organisational objectives and goals- Optimise governance structures and linking risk oversight processes- Aligning governance and oversight- Embedding effective fraud risk management as part of the integrated

framework- Using the integrated framework to create leverage between internal audit

and risk management

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Workshop DAvoiding Fraud Related Losses: Developing Effective Fraud Indicators And Anti-Fraud Frameworks For Early Detection And Prevention Santosh Agarwal, Head Of Compliance, ADCO, UAE

Timing: 13:00-16:30RationaleResponsible for millions of dollars worth of losses each year, fraud is a major concern that continues to plague organisations across the globe. A recent GCC survey reveals that 56% of entities consider internal processes and controls as the most effective methods to detect fraud related incidents. Internal audit and risk assurance professionals hold a significant responsibility in combating fraud. This workshop will enable you to which will ensure that your organisation is well equipped to avoid fraud related losses by developing frameworks and indicators that will not only enable early fraud detection but will also equip your organisation to prevent fraud.

Learning Objectives- Designing and implementing reliable fraud indicators- Monitoring fraud indicators and developing preventive measures- Establishing internal anti-fraud controls: Selecting one best suited to your

organisational needs - Testing and improving the effectiveness of internal anti-fraud controls - Whistle blowing policies: How effective are they and implementing them

in your organisations

Workshop A

Must Attend – International Practitioner Led!Increasing Depth And Scope Of An Audit: Creating Buy-In With Process Owners And StakeholdersRobert Rudloff, Vice President Internal Audit, MGM Resorts International, USA

Timing: 08:30 – 12:00RationaleOne of the biggest challenges that internal auditors face despite developments and innovations in the field, is process owner hostility. Although this is accepted as merely an occupational hazard, process owner hostility has far reaching effects. Withholding information, reluctance to co-operate and the negativity associated with auditing and auditors negatively impact the results of an audit and therefore the organisation. This workshop will enable you to create buy-in with process owners and stakeholdersby developing your soft skills and building on perceptiveness. Not only will you increase the depth and scope of an audit but also increase benefit to the organisation, resulting in improved reliability and effectiveness of the audit.

Learning Objectives- Understanding the motivations and objectives of the process owners: A

framework- Building effective and open communication channels: Enabling accurate

information transfer- Highlighting audit’s role in adding value to operations: Developing and

implementing trainings- A crash course in soft skills: Overcoming process owner hostility- Obtaining updated documentation and records of all operations and

transactions of the audited department- Maintaining a long term, mutually beneficial working partnership with

process owners and stakeholders

Workshop BDealing with Bribery And Corruption Including the Bribery Act:Tools, Techniques, Indicators And Avoiding LossesKeith Read, Director Group Compliance & Ethics, BT, UK

Timing: 13:00 – 16:30RationaleThe UK’s new Bribery Act will be a major challenge for all Governance, Risk, Compliance (GRC), audit and procurement professionals. However, the requirements of the Bribery Act are only part of the wider anti-bribery and corruption with these areas - representing millions of dollars - continuing to plague organisations across the globe.

GRC and Internal Audit professionals hold a significant responsibility in the areas of anti-bribery and corruption this workshop will enable you to ensure that your organisation is well equipped to meet the requirements of the Bribery Act, understand the relative requirements of the Foreign and Corrupt Practices Act (FCPA) and avoid bribery and

Learning Objectives- The requirements of the Bribery Act- The requirements of the Bribery Act versus the FCPA- The compliance requirements of the Bribery Act- Create and manage effective whistle-blowing policies- Anti-bribery and corruption tools, techniques, frameworks and indicators- Governance structures and risk oversight, including roles and

responsibilities of audit- Create and manage effective whistle blowing policies

Compliance

Register’s Best

Compliance Officer

7

A1170

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971-4-3352438 [email protected]

IIR Holdings Ltd.PO Box 21743, Dubai, UAE

GCS/IIR Holdings Ltd.PO Box 13977, Muharraq, Kingdom of Bahrain

www.iirme.com/internalaudit

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Payments

A confirmation letter and invoice will be sent upon receipt of your registration. Please note that full payment must be received prior to the event. Only those delegates whose fees have been paid in full will be admitted to the event. You can pay by company cheques or bankers draft in Dirhams or US$. Please note that all US$ cheques and drafts should be drawn on a New York bank and an extra amount of US$ 6 per payment should be added to cover bank clearing charges. In any event payment must be received not later than 48 hours before the Event. Entry to the Event may be refused if payment in full is not received.

Cancellation

If you are unable to attend, a substitute delegate will be welcome in your place. Registrations cancelled more than 7 days before the Event are subject to a $200 administration charge. Registration fees for registrations cancelled 7 days or less before the Event must be paid in full. Substitutions are welcome at any time.

Event Venue:

Dusit Thani Hotel, Dubai, UAE Tel: +971-4-343 3333

Accommodation DetailsWe highly recommend you secure your room reservation at the earliest to avoid last minute inconvenience. You can contact the IIR Hospitality Desk for assistance on:Tel: +971-4-4072693Fax: +971-4-4072517Email: [email protected]

G201JW/GM AUDIT

CALL – 971 -4-3352483E-MAIL – [email protected]

DISCOUNTS AVAILABLE FOR 2 OR MORE PEOPLE

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Course fees include documentation, luncheon and refreshments. Delegates who attend all sessions will receive a Certificate of At-tendance.

Avoid Visa Delays - Book Now

Delegates requiring visas should contact the hotel they wish to stay at directly, as soon as possible. Visas for non-GCC nationals may take several weeks to process.

All registrations are subject to acceptance by IIR which will be confirmed to you in writing. Due to unforeseen circumstances, the programme may change and IIR reserves the right to alter the venue and/or speakers.

Internal Audit & Risk Assurance25 – 29 September 2011 | Dusit Thani Hotel, Dubai, UAE

Programme At A Glance

Internal Audit & Risk Assurance 25.09.11 26.09.11 27.09.11 28.09.11 29.09.11

Day Conference 2

Workshop A

Workshop B

Workshop C

Workshop D

Certificate In Internal Audit Course

Please () the session/s you wish to attend:

No. Of Days

EventPrice before20 July 2011

Price before 31 August 2011

Price After31 August 2011

4Entire Event: 2 Conference days+ 4 Workshops

US$ 4,495Save US$ 3,780

US$ 4,695Save US$ 3,580

US$ 4,895Save US$ 3,380

42 Day Conference + 3 Workshops A B C D

US$ 4,295Save US$ 2,585

US$ 4,495Save US$ 2,385

US$ 4,695Save US$ 2,185

32 Day Conference + 2 Workshops A B C D

US$ 3,999Save US$ 1,486

US$ 4,199Save US$ 1,286

US$ 4,399Save US$ 1,086

32 Day Conference + 1 Workshop A B C D

US$ 3,190Save US$ 900

US$ 3,390Save US$ 700

US$ 3,590Save US$ 500

2 2 Day Conference US$ 2,295

Save US$ 400US$ 2,495

Save US$ 200 US$ 2,695

11 Workshop A B C D

US$ 995Save US$ 400

US$ 1,195Save US$ 200 US$ 1,395

3 Certificate In Internal Audit CourseUS$ 3,950

Save US$ 800US$ 4,450

Save US$ 300 US$ 4,750

5Certificate In Internal Audit Course + 2 Day Conference

US$ 5,299Save US$ 2146

US$ 5,799Save US$ 1646 US$ 6, 099

Please (Insert tick) the workshops that you wish to attend: A B C D