E M E R G I N G G L O B A L I S S U E S

Sessions will cover new and emerging global issues, such as social responsibility, climate change, IFRS implementation and the future of internal auditing.

CS 1-10
The Greatest Story Never Told – A Report from the Future: The Death of Internal Auditing
Tom McLeod, Rio Tinto

We often hear about how important Internal Audit is. What if we woke up one day and discovered that it wasn’t important at all! After this session, participants will be able to:

Identify the challenge to the internal audit community to stay relevant.
Envisage what could lead to the demise of internal audit.
Recognize what can be done to ensure professional perpetuity.

FIELD OF STUDY: AUDITING

CS 2-10
Sustaining Your Bottom Line
Steve Leffin, UPS
Eric Hespenheide, Deloitte & Touche

Join us as we peek into the future to discuss what it holds for your company’s sustainability activities including the benefits of reporting, reporting structures and what you can proactively do to prepare for what awaits you in the next decade and beyond.

In this session, participants will learn how to:

Identify the benefits of sustainability reporting.
Compare various reporting structures.
Identify the impact of reporting expectations on their organizations and understand the actions to be taken.

FIELD OF STUDY: BUSINESS MANAGEMENT AND ORGANIZATION

CS 3-10
Reporting in the 21st Century: What You Need to Know About Climate Change and Carbon Reporting
Eric Israel, KPMG

Due to the speed in which the Obama administration’s regulatory initiatives on carbon management are proceeding and the recent SEC interpretive guidelines on Climate Change Disclosures this important topic has quickly risen to the top of corporate agendas. In addition, the Environmental Protection Agency’s new reporting requirements for large emitters of greenhouse gases, and the impending Congressional legislation to advance the reduction of greenhouse gas or carbon emissions both are equally gaining attention and traction.

To develop an understanding of the current and evolving state and of carbon accounting and sustainability reporting this session will discuss the following learning objectives:

An overview of the current initiatives driving Climate Change Disclosure and Carbon Emission Reporting in the US.
An analysis of the current state of Sustainability and Climate Change Reporting in the US and a review of the business risks and economic impacts at sector level.
A questions and answer session to promote timely intelligence on the current state of carbon accounting, reporting, and climate change disclosure.

FIELD OF STUDY: BUSINESS MANAGEMENT AND ORGANIZATION

CS 4-10
Auditing Sustainable Development
Jean-Francois Sautin, Lafarge Group

Sustainable Development was defined by the Brundtland Commission in 1987. It has become a focal point of management in global groups. Classically analyzed from three angles: environment, social development and management; it translates in many processes that shape programs and drive the perceptions of stakeholders.

After this session, participants will be able to:

Translate Sustainable Development into auditable processes.
Identify the risks in imprecise definitions and the challenges in setting targets.
Understand a Sustainable Development audit guide developed by IFACI in France.
Review examples from the world leader in construction materials group.

FIELD OF STUDY: AUDITING

CS 5-10
Global Economic Crime Survey
Bob Gallagher, PricewaterhouseCoopers

PricewaterhouseCooper's latest survey shows that economic crime continues to be a serious issue affecting organizations worldwide, despite increasing regulatory actions. The session will discuss the results of PwC's 2009 Global Economic Crime Survey and observations and insights about what it means for companies and their efforts to battle fraud.

In this session, participants will learn:

How the economic downturn is impacting economic crime.
Global trends in the incidence of fraud.
How companies are responding to the threat of fraud.

FIELD OF STUDY: BUSINESS MANAGEMENT AND ORGANIZATION

CS 6-10
Real-world Experience in Implementation of IFRS
Gary Duryea, ING

Most everyone has already been to a number of Continuing Professional Education (CPE) courses on the IFRS and US GAAP Convergence and the differences in standards. In this course, you will be able to hear about the real-world experience of an IFRS implementation for a large international financial services company.

Participants in this session will learn:

What went wrong and how to avoid the pitfalls.
Underlying successes and the hidden challenges.
The importance of communication and partnership will all stakeholders.
Other planning and implementation considerations.

FIELD OF STUDY: AUDITING

CS 7-10
Emerging Issues in the Financial Services Industry
Paul Flora, Quality Plus & Associates (Moderator)
Andrew Jackson, First Horizon
Steve Jameson, Community Trust Bancorp
Kevin McCabe, Wells Fargo

The economic conditions of the past couple of years have presented unique challenges to the financial services sector. This panel discussion - with a representative from a small, a medium, and a large bank - will focus on increased regulatory actions, internal audit’s role regarding real estate and troubled loans and general challenges facing Financial Service Auditors.

In this interactive session, participants will be able to:

Identify Regulatory “hot topics.”
Understand issues and obstacles in managing and auditing Other Real Estate Owned, expanded disclosure items, and the identification and tracking of impaired loans and troubled debt restructuring.
Develop ideas for dealing with challenges facing Financial Service Auditors such as generational diversity of staff, multitasking and allocation of limited resources to key items and changes.

FIELD OF STUDY: AUDITING