AZ Valley of the Sun Chapter
6:00 to 6:20 - Networking
6:20 to 7:10 - "1st Session: "Creating a Strong Foundation for Your System of Internal Controls and Compliance"
Speaker: Sandra B. Richtermeyer, Ph.D., Past Chair of IMA Global and Executive Vice Chancellor and Provost at Rutgers University - Camden, Greater Philadelphia
Synopsis: An organization's control environment is critical in enabling an effective foundation for a strong and effective system of internal controls, overall compliance objectives, and risk management. It is essential in establishing a healthy climate for a thriving organization. In this session, we will discuss how a robust control environment contributes to:
1. Setting the right tone for organizational leaders
2. Assisting an organization in fulfilling its mission, achieving its vision, and creating value
3. Facilitating good governance
4. Enabling a strong and ethical culture
5. Promoting accountability
6. Supporting risk management
7. Ensuring the system of controls reaches all levels of the organization
Attendees will learn how to apply the objectives of the COSO Internal Controls Integrated Framework and Enterprise Risk Management Framework to enable a strong control environment.
Topics covered: internal controls, accountability, ethics, governance, risk management, and organizational culture.
7 :10 to 8:00 - "Building Competencies for Sustainable Business Management"
Speaker: Brigitte de Graaff, Ph.D., Assistant Professor at Vrije Universiteit Amsterdam, IMA Global Board Director:
Synopsis: This session will discuss the emerging responsibilities of corporate accounting and reporting teams regarding sustainable business management and reporting. How can existing competencies be mapped to the skills needed in the changing environment?
Learning Objectives:
1. Understand how companies are building internal capacity by leveraging existing resources and bringing on new talent
2. Explain the corporate structures and responsibilities of sustainability controllership, including the reporting agenda, controls, internal audit and external audit, measurement toward organizational targets and performance, sustainable business strategy, and senior management
3. Incorporate existing competencies into sustainable business management