Mid Cap Non-Executive Directors workshop: Audit Committee workshop 2 – Practical Audit Committee issues

Date: 27 November 2008

Location: Royal Automobile Club, 89 Pall Mall, London, SW1

Overview: The workshop will cover a number of areas that feature regularly on the Audit Committee agenda, focusing on where an Audit Committee can look for comfort that risks are being effectively managed. It will consider a suggested risk management framework and reflect on the proposed roles of external audit and internal audit within that framework. The workshop will also provide an opportunity to share experiences and exchange views with other Audit Committee members.

Amongst the areas the workshop will address are:

• External audit
  • What an effective audit should look like
  • The role of external audit within the framework of risk management
  • The increasing need for closer alignment with the Audit Committee.
• Internal audit
  • Internal audit effectiveness
  • The role of internal audit within the framework of risk management
  • The type of internal audit appropriate to differing organisational maturity.
• Audit Committee effectiveness
  • What makes an Audit Committee most effective
  • Practical aspects of effectiveness reviews.

Timings: