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

Date: Mar 26 - Mar 27, 2009
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 a two-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.

In this critical time when risks are greater and fallout is substantial, this workshop is a must for those who deal with strategy and risk.

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 boards and 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


Thursday, March 26 - Day One

7:30am - 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
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?
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
Bonnie Hancock, North Carolina State University, Raleigh, NC

2:30pm - 2:45pm

Afternoon Break

2:45pm - 3:45pm

4. Enterprise Risk Management In Practice
Speaker: Industry Practitioner TBD

3:45pm - 5:00pm

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

5:15pm - 6:15pm Networking & Cocktail Reception
 
Friday, March 27 - Day Two

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?
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?
Panel Members: Dave Landsittel, Phil Livingston and Robert McKay
Moderated by Mark Beasley

11:10am – 12:10pm

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

12:10pm – 12:40pm 

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

12:40pm

Conference Adjourns

Location

AICPA Boardroom
1211 Avenue of the Americas
New York, NY 10009
(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:

Sheraton Manhattan at Times Square
790 7th Avenue (at 51st Street)
New York, NY 10019
Hotel Phone:  (212) 581-3300
Hotel Reservations:  (800) 325-3535
Hotel Room Rate:  $369 single/double

The Muse Hotel
130 West 46th Street
New York, NY  10036
Hotel Phone:  (212) 485-2400
Hotel Reservations:  (877) NYC-MUSE
Hotel Room Rate:  $359: King Deluxe, $409: Executive King

Sheraton New York Hotel & Towers
811 7th Avenue (at 53rd Street)
New York, NY  10019
Hotel Phone:  (212) 581-1000
Hotel Reservations:  (800) 325-3535
Hotel Room Rate:  $369 single/double

Hilton Garden Inn Times Square
790 8th Avenue (at 48th Street)
New York, NY 10019
Hotel Phone:  (212) 581-7000
Hotel Reservations:  (877) 782-9444
Hotel Room Rate:  12% off Best Available Rate

Optional Workshops

Table of Contents

Excerpts

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(Register by 02/09/09)
Product Code: AUDITCONF09
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