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Events
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The Effective Audit Committee: Strengthening Controls, Managing Risk, and Improving Financial Reporting
January 16, 2015Warsaw Stock Exchange


The Audit Oversight Commission of Poland, in cooperation with the World Bank’s Centre for Financial Reporting Reform and the Polish Institute of Directors, is presenting this conference hosted by the Warsaw Stock Exchange to help audit committee members perform their functions more effectively, and to improve communication and cooperation between audit committees and auditors, regulators, and stakeholders.

Objectives

As the economies in Poland and the region become ever more diverse and sophisticated, audit committees face increasing challenges in helping listed companies to manage risk, maintain robust internal controls, and provide reliable financial reporting.  The Audit Oversight Commission of Poland, in cooperation with the World Bank’s Centre for Financial Reporting Reform and the Polish Institute of Directors, is presenting this conference hosted by the Warsaw Stock Exchange to help audit committee members perform their functions more effectively, and to improve communication and cooperation between audit committees and auditors, regulators, and stakeholders.

This program builds upon the event held at the Warsaw Stock Exchange on the 10th of January, 2013, called The Audit Committee:  A key link in the financial reporting and audit process.  That program offered perspectives and insights on the audit committee’s roles and responsibilities.  This program will focus more on the “nuts and bolts” of the audit committee’s work, offering information and tools to help audit committees do their jobs better and contribute even more to the growth of listed companies.

Who should attend

  • Chairs and members of audit committees wanting to broaden their knowledge and effectiveness in their roles, supervisory board members
  • Chief Financial Officers, Chief Executive Officers and other senior executives who work with their audit committees
  • Investors
  • Statutory auditors, lawyers and other professionals who advise audit committees
  • This conference will also bring together members and staff of financial reporting regulatory and supervisory bodies, along with academics and journalists.

Why you should attend

  • Receive concrete information and cutting-edge advice from experts on some of the most challenging aspects of the audit committee’s work, including oversight of internal controls, risk management, relations with external auditors, and compliance
  • Learn from the experience of audit committee members, regulators, and others
  • Learn what audit committees can expect and how they can benefit from the work of audit oversight bodies

Network with your peers—speakers, panel members and other members of audit committees—professionals who are dealing with similar challenges  

08:00 - 09:00

Registration and Coffee

 

 

09:00 - 09:15

Welcoming remarks by Warsaw Stock Exchange and Henri Fortin,

 

Head of the World Bank’s CFRR

 

09:15 - 09:40

Address by Dorota Podedworna-Tarnowska,

 

Chair of the Audit Oversight Commission and Undersecretary of State in the Ministry of Finance

 

 

09:40 - 10:40

Address by Raimondo Eggink, CFA

 

Independent Board Member and former Professional Investor and Investor Activist

 

 

10:40 - 11:00

Coffee Break

11:00 - 12:20

Panel Discussion I:  Oversight of the External Auditor

 

An expert panel including Dan Goelzer, Founding Member of the U.S. PCAOB, Piotr Kaminski, Member of the KNA, and Petr Kriz of the Fédération des Experts-comptables Européens (FEE), moderated by Jarett Decker of the World Bank’s CFRR, will discuss the relevance of public audit oversight to audit committees, the impact of new EU requirements on audit committees, and other issues relevant to audit committee oversight of external auditors.

 

 

12:20 - 13:20

Lunch Break

 

13:20 – 13:30

The Swiss Contribution

 

13:30 - 14:45

Internal Controls and Risk Management:  What the Audit Committee Should Know

 

Krzysztof Szuldrzynski of PWC will discuss how effective internal controls and risk management can be implemented and describe the latest frameworks used to structure and evaluate them.

 

14:45 - 15:00

Coffee break

 

 

15:00 - 16:15

Panel Discussion II:  Stepping Up to the Challenge

 

A panel moderated by Wieslaw Rozlucki, current President of the Supervisory Board of the Warsaw Stock Exchange and including KNA member Ewa Jakubczyk-Cały as well as corporate Board members Raimondo Eggink, Stanislaw Knaflewski and Miroslaw Kosmider will discuss concrete examples of the audit committee’s work in responding to internal control, risk management, and financial reporting issues.

 

 

16:15 - 16:30

Wrap Up and Closing Remarks by Marina Wes,

 

World Bank Country Manager  for Poland

  • Reserve your seat :