AICPA has partnered with the Enterprise Risk Management Initiative faculty at North Carolina State University to offer a two-day workshop: The Board and Audit Committee's Role in Risk Oversight: Taking a Strategic View of the Enterprise to help 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 audit committee governance and strategic planning, in addition to providing an opportunity for the exchange of ideas among other individuals currently serving in 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
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.
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 |
10:15am - 10:30am |
Morning Break |
10:30am - 12:00pm |
2. Risk Management Trends: What are the Leading Authorities Saying? BMO |
12:00pm - 1:00pm |
Lunch |
1:00pm - 2:30pm |
3. Applying Enterprise Risk Management Techniques in Strategy Setting BMO |
2:30pm - 2:45pm |
Afternoon Break |
2:45pm - 3:45pm |
4. Using Risk Appetite to Optimize Decision-making BMO |
3:45pm - 5:00pm |
5. Group Exercise – Identifying and Prioritizing Risks BMO |
| 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 |
9:20am - 9:40am |
Morning Break |
9:40am – 11:10am |
7. Panel Discussion: How is Your Audit Committee handling its Risk Oversight Responsibilities? BMO |
11:10am – 12:10pm |
8. Assessing an Organization’s Risk Management Capabilities and Readiness for ERM BMO |
12:10pm – 12:40pm |
9. Leaving with a Vision and Closing Remarks BMO |
12:40pm |
Workshop Concludes |
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

