With SECs mandatory
requirement for corporations’ board of directors to practice good corporate
governance comes the importance of having a functioning audit committee headed
by a member of the board. This is one
of the reasons why corporations are now focused on strengthening the
effectiveness of their audit committees.
To address the clamour of board directors and management for a
professional and formal training on this very important issue, the Center for
Global Best Practices is re-running its yearly pioneering CPD-accredited best
practices program entitled, Board Directors’ Guide for Audit Committees to be
held on Wednesday and Thursday of July 6 & 7, 2016 at the EDSA Shangri-La
Hotel, Mandaluyong City, Philippines
This unique program is designed for
board chairmen who must fully understand the functions and roles of audit
committees to lead effectively, for the audit committee members and chair so
they know what they must really do and not do, for the board directors and
members of management including CEOs, CFOs, auditors, and accountants so they
can all learn how to craft a working program and agenda with audit committees
to relate and align their working relationship more effectively.
This
once-a-year event is a very useful guide with practical applications to
help audit committees work more effectively. The special event will feature the top 10 best
practices for audit committees, reading and spotting key issues in audit
reports, special investigation and financial reporting function, risk
assessment protocols and tools, and solutions to challenges and problems faced
by the board and audit committees. It will also feature PriceWaterhouseCoopers
findings and valuable research on the global best practices of world-class
audit committees. Attendees of this
one-time event will get free templates and practical reference materials that
they can use and apply immediately to simplify their work and save time in
crafting an audit committee program. Participants are encouraged to avail of the early bird group
discounts. Full
details and all other upcoming seminars are at www.cgbp.org. For queries, please contact program officer Camille
Jonas through email camille@cgbp.org or
manila telephone numbers 556-8968/ 69; Cebu lines (032) 512-3106/ 07 or Baguio number
(074) 423-5148.
The
special lecturers for this event are Judith Lopez, former chairperson
and senior partner of Isla Lipana and Company, a member firm and Philippine
office of the largest accounting firm in the world,
PriceWaterhouseCoopers. She will share
her valuable insights in Audit Committee Effectiveness with her 34 years of
experience of practice in her profession. It will also feature Juan Carlos
Robles, MM, CPA, CIA, CFE, CISA, CRMA, FICD who has recently completed his
Owners-Presidents’ Program at Harvard Business School. He held 3 positions at Punongbayan and
Araullo such as being chairman of its audit committee, partner of risk
management and partner of specialist advisory services division.
The next time you have a board meeting, YES, you can speak up authoritatively about audit committees. Bring your group and avail of the early bird and group discounts. Pre-registration is required in this limited-seats-only event.
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