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The Board and Audit Committee's Role in Risk Oversight: Taking a Strategic View of the Enterprise

Date: Oct 23 - Oct 24, 2008
Location: AICPA Boardroom
New York, NY
Recommended CPE Credit: 13
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Overview

AICPA has partnered with the Enterprise Risk Management Initiative faculty at North Carolina State University to offer the one and a half day workshop: The Board and Audit Committee's Role in Risk Oversight: Taking a Strategic View of the Enterprise to help board and audit committee members understand emerging expectations for greater risk oversight and develop effective audit committee practices for evaluating and monitoring techniques used to manage entity risks so that stakeholder value is protected and enhanced. 

This high-level forum —limited to 60 participants— offers attendees an interactive setting for dialogue with leading experts on emerging trends related to the intersection of ERM and board and audit committee governance and strategic planning, in addition to providing an opportunity for the exchange of ideas among other individuals currently serving in board and audit committee roles.

If you missed the workshop that took place in March 2008, this is your chance to pick up the information you missed.

Who Should Attend
Board and audit committee members or other individuals who serve on boards of directors, as well as senior executives who frequently interact with audit committees about risk management issues.       

About NC State’s ERM Initiative
NC State’s ERM Initiative, created in 2004, is widely-known for providing international thought-leadership on enterprise risk management, with an emphasis on the role of ERM in strategic planning and corporate governance. 

Agenda

The Board and Audit Committee's Role in Risk Oversight: Taking a Strategic View of the Enterprise
October 23-24, 2008
AICPA Boardroom
New York, NY


Thursday, October 23, 2008

7:15am - 8:15am

Registration and Continental Breakfast

8:15am - 8:30am

Welcome and Introductions

8:30am - 10:15am

1. Emerging Expectations for Boards: Oversight of Enterprise Risks  BMO
Mark Beasley, North Carolina State University, Raleigh, NC

10:15am - 10:30am

Morning Break

10:30am - 12:00pm

2. Risk Management Trends:  What are the Leading Authorities Saying?  BMO
Bruce Branson, North Carolina State University, Raleigh, NC

12:00pm - 1:00pm

Lunch

1:00pm - 2:30pm

3. Applying Enterprise Risk Management Techniques in Strategy Setting  BMO
Bonnie Hancock, North Carolina State University, Raleigh, NC

2:30pm - 2:45pm

Afternoon Break

2:45pm - 3:45pm

4. Using Risk Appetite to Optimize Decision-making BMO
Spencer Schwarz, MasterCard Worldwide, Purchase, NY

3:45pm - 5:00pm

5. Group Exercise – Identifying and Prioritizing Risks  BMO
Mark Beasley, North Carolina State University, Raleigh, NC
Bonnie Hancock, North Carolina State University, Raleigh, NC

5:15pm - 6:15pm Networking & Cocktail Reception
 
Friday, October 24, 2008

7:45am - 8:30am

Continental Breakfast

8:30am - 9:20am

6. Communicating and Monitoring Risks: What Information and Reports Should Management be providing the Audit Committee?  BMO
Bruce Branson, North Carolina State University, Raleigh, NC

9:20am - 9:40am

Morning Break

9:40am – 11:10am

7. Panel Discussion:  How is Your Audit Committee handling its Risk Oversight Responsibilities?  BMO
Panel of Audit Committee Members:
Dave Landsittel, Phil Livingston, and George Munoz

Moderated by Mark Beasley

11:10am – 12:10pm

8. Assessing an Organization’s Risk Management Capabilities and Readiness for ERM BMO
Mark Beasley, North Carolina State University, Raleigh, NC

12:10pm – 12:40pm 

9. Leaving with a Vision and Closing Remarks  BMO
Mark Beasley, North Carolina State University, Raleigh, NC

12:40pm

Workshop Concludes

Location

AICPA Boardroom
1211 Avenue of the Americas
New York, NY 10036
(PLEASE NOTE: Photo ID is required for building security check-in)

RECOMMENDED HOTEL ACCOMODATIONS – please note the following do not have an official room block, but offer AICPA Member Hotel Rates – please request “AICPA Corporate Rate” for the applicable pricing:

Crowne Plaza Manhattan
1605 Broadway
New York, NY 10019
Hotel Phone:  (212) 977-4000
Hotel Reservations:
(800) 243-6969

The Muse Hotel
130 West 46th Street
New York, NY 10036
Hotel Phone:  (212) 485-2400
Hotel Reservations:
(877) NYC-MUSE

Sheraton New York
811 7th Avenue at 53rd Street
New York, NY  10019
Hotel Phone:  (212) 581-1000
Hotel Reservations:  (800) 325-3535

Hilton Garden Inn Times Square
790 Eighth Avenue
New York, NY 10019
Hotel Phone:  (212) 581-7000
Hotel Reservations: 
(877) 782-9444

Optional Workshops

Product Code: AUDITCONF208
Regular: $1,295.00
AICPA Member: $1,095.00
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