Internal Audit Masterclass (Gurgaon)
Internal Audit today is just no more a function of cross check overs of the accounts of a company. Today internal audit as a function has evolved into an indispensable control tool in the hands of the management to effectively and efficiently run the show. It has come up a long way in becoming a strategic business partner to the organization in evaluating the adequacy of internal controls and assessing the extent of compliance with applicable laws and regulations, policies and procedures and suggesting ways to reduce the costs and enhance profitability. In a fast-changing regulatory environment and growing ambitions, internal audit function calls for an assertive approach towards corporate governance by providing effective and independent assurance to the board and management on how key business processes are managed and strategies are implemented to achieve organizational objective.
CorpKonnect’s upcoming Internal Audit Masterclass will provide relevant insights on the evolving dynamics of an internal audit function, international best practices of control mechanisms, emerging challenges of the profession and a facilitator of governance.
Benefits of the Masterclass:
- Understand the newer dimensions of an internal audit function
- Uncover new strategies for aligning internal audit for stakeholder interest protection
- Implementation of a risk based approach
- Learn and explore the power of technological tools in your hands for the job
- Learn more on the emerging challenges of an internal audit function in a more digital business world
Session 1: Changing Dynamics of Internal Audit – Key Perspectives
- Governance Risk and Compliance – Modern Day Challenges for IA
- Real Case Studies
- Challenges of Internal Audit in a more digital business world
- Enhancing the Value Creation through Internal Audit
Session 2: Risk Based Internal Auditing
- What is RBIA & Why RBIA
- COSO Model
- Top Global Risks 2017- World Economic Forum
- Building a Risk Aware Enterprise- Risk Identification & Evaluation
- Approach & Implementation - Methodology & techniques/ ERM/ Risk Score/ Heat Map etc
- Risk management process & Internal Audit engagement planning
Some Practical Case Studies on ERM
Session 3: Modern Day Technology and Internal Audit
- Latest Developments in Data Analytics in Internal Audit
- Fraud Investigation and Forensic Accounting – Internal Auditor’s Perspective
- Misuse of Data – Points of Caution in Data Digging
Case Study on Implementation of an Automated Analytical framework
Case Studies on Fraud Investigation
Session 4: Cyber Security – Role of Internal Audit
- Audit committee’s role in Cyber Security
- Transforming Cyber Defence System
- Framework for Cyber Risk Management
- Internal Audit Plan to address cyber risk
Real Life Case Studies
Director - Internal Audit Services
Deloitte Haskins & Sells LLP
Sidheshwar Bhalla is a Chartered Accountant and Company Secretory with over 12 years of professional experience. Sidheshwar has managed various assignments involving internal and management audits, process reviews, development of operating procedures and finance manuals, Clause 49 Assistance (Risk Management and CEO/ CFO Certification framework), Internal Financial Controls, SOX covering a range of industries including Cement, Power, Fertilizer, Oil and Gas, Infrastructure, Petrochemical, Automobiles etc.
He has led various Internal Audit and business process review engagements.
BDO India LLP
Aashish is a Partner at BDO India and leads the North India’s – Risk Advisory Services. He has ~15 years of professional experience in handling diverse risk advisory engagements. Prior to joining BDO, he has worked with PwC and E&Y at senior levels.
He has successfully managed and delivered engagements related to competencies like Enterprise Risk Management (ERM), quality assurance reviews, risk-based internal audits, business process improvement, designing and testing Governance, Risk and Compliance (GRC) framework, SOX/IFC implementation, and developing SOPs. He managed firm’s priority and some of largest engagement. Aashish has vast experience in Aviation, E-commerce, Telecom (Passive and Active), FMCG, Manufacturing, Auto and Auto ancillary, Consumer goods, IT/ITES etc.
He has proven track of partnering with process owners from multi-geographies including UK, US, Africa, Middle-east, India.
Partner – Forensics
BDO India LLP
Somyajit Sethi is a Partner with Forensics practice of BDO India LLP and operates out of New Delhi-Gurgaon office and has over 15 years of experience in Forensic advisory, strategy consulting and investment research. He specialises in conducting Forensic investigations, and providing anti-fraud and anti-corruption advisory solutions. Prior to joining BDO, he has worked with larger firms at senior levels.
He has led numerous Forensic engagements involving Forensic investigations, anti-fraud frameworks, fraud risk assessments, FCPA due diligence, end-use monitoring of funds, and anti-fraud awareness programs. He has extensive experience of serving large and mid-market clients across various industries, including automotive, manufacturing, consumer business and retail, infrastructure, pharmaceuticals, telecom, government and donor agencies. Somyajit has also led and executed Forensic engagements in various international geographies including Kenya, Mexico, the USA, and Zambia.
Site No 2, Sector 44, Gurgaon
0124 - 4886400
Registration Fees: INR 8,500 + 18% GST Per Delegate
Avail 10% early bird discount on 2 or more registrations till 18th Aug
Note: The fees would include Course Material, Participation Certificate and Lunch & Refreshments at the Hotel
Modes of Payment and Registration:
Online Registrations through Credit/Debit Card : Click Here
For Offline registration through Cheque/DD/ and NEFT: Please contact the below mentioned:
Mob No: 8130826342