+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

SOX and Internal Controls Update (October 19-20, 2021)

  • ID: 5360099
  • Conference
  • Region: Global
  • 2 Days
  • Accounting Conferences and Seminars LLC
  • Conference Dates: October 19-20, 2021
OFF
until Sep 17th 2021

SOX and Internal Control best practices continue to evolve. Led by national accounting firm technical experts and complemented by industry panelists, the program includes a combination of lectures and interactive discussions for a deeper understanding of the topics.

Learning Objectives:

  • Understand the latest regulatory/best practice changes in key areas
  • What to expect under the new administration
  • Begin to assess the effects of the latest accounting standards on your SOX compliance

This event will run 8:45-4:40pm (EDT) each day.

Note: Product cover images may vary from those shown

Agenda: DAY 1

8:45 - 10:45

  • ICFR Lessons Learned and Best Practices
  • Common challenges in the SOX program life cycle including risk assessment and control selection and design
  • Controls related to significant unusual transactions
  • Information Used in Controls (IUC) and the use of technology to modernize the SOX program

10:45 - 11:00

  • Break

11:00 - 12:15

  • SPACs: Internal Control Considerations
  • Market Trends
  • SPAC transaction basics
  • Transaction accounting and internal control considerations

12:15 - 1:00

  • Lunch Break

1:00 - 2:30

  • Industry Panel Discussion (IPE, Data Security, New Accounting Rules), Impact of COVID...

2:30 - 2:40

  • Break

2:40 - 3:50

  • Cybersecurity Update
  • Ransomware
  • Latest attack trends
  • Practical examples

3:50 - 3:55

  • Break

3:55 - 5:00

  • Robotic Process Automation (RPA) Update
  • Understand and control RPA risks
  • Getting it right from the start rather than patching later
  • Practical examples and cases

Agenda: DAY 2

8:45 - 10:00

  • ESG Trends (Environmental, Social and Governance)
  • Recent Market Trends
  • Example - Sustainability Activities
  • Internal Audit's Role
  • What are other companies doing now?

10:00 - 10:10

  • Break

10:10 - 11:25

  • SOX: Revenue Recognition Implications
  • Overview of Impact of Standard - Beyond Accounting
  • Changes in Information and Related Data - Quality Needs
  • ASC 606 Internal Control Considerations
  • On-going ASC 606 Controls

11:25 - 11:35

  • Break

11:35 - 12:50

  • IT Controls
  • Terminology
  • IT general and application controls concepts
  • What is the in-scope IT system
  • How to determine what in IT to test
  • How many cloud/3rd party vendors?
  • Deficiencies

12:50 - 1:20

  • Lunch

1:20 - 2:40

  • Audit Committee Panel - What is Top of Mind?

2:40 - 2:55

  • Break

2:55 - 4:10

  • IT Risks Impacting Financial Reporting
  • Three dangerous trends: technology proliferation and mutating cyber attacks, regulation changes, shortages of IT risk and compliance talent
  • Solutions everyone should know to succeed
  • How to get ahead - meet with your external audit firm with these planned agenda topics
Note: Product cover images may vary from those shown
  • Kim Le A2Q2, Founder and CEO
  • Jamie Tolles Ernst & Young, Senior Manager
  • Brooke Reid Deloitte, Audit Senior Manager
  • Edda Ong Deloitte, Senior Manager
  • Trey Slinkard Ernst & Young, Senior Manager, Global Advisory
  • Cameron Andriola Deloitte, Manager - Intelligent Automation and Analytics
  • Jason Emmons Moss Adams, Partner
  • Sanjay Khunti Ernst & Young, Partner/Principal
  • Keith Kawashima Protiviti, Managing Director
  • Kevin Kirst Ernst & Young, Cybersecurity and Incident Response
  • Mark Wuchte KPMG, Principal
  • Sue King KPMG, Partner
  • Bassam Qasem KPMG, Senior Manager
Note: Product cover images may vary from those shown
Adroll
adroll