IIA Ireland event
Thursday 3rd March 2016
The internal Control System – its use in managing internal
and external risk
The auditing of financial statements, if it is to result in credible information,
must include an examination of the internal control system. The ICS is a
governance mechanism that delivers governance transparency, a function
that allows both the manager of the firm and the firm’s stakeholders to
“look” inward. The presentation will demonstrate how internal control is not
confined to managing internal risk only but can be adjusted to “look”
outward to anticipate external risk. Achieving this underpins the role of the
internal auditor as a contributor to strategic management of risk. Key
aspects to be discussed:
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
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Control is binary in function
Governance mechanisms deliver corporate transparency
The COSO Framework captures nuts and bolts of controls while
demonstrating the “tone at the top”.
This event is kindly sponsored by Deloitte
Timetable for event
15.45 - 16.00
16:00 - 17.00
Arrival and Coffee
Presenter: Dr. John Heneghan
Course Director, BA in Law & Accounting at the Kemmy
Business School, University of Limerick
.
John lectures in accounting and corporate governance at the KBS where he delivers Corporate
Transparency and Business Ethics to the final year L&A students and Risk and Governance in the Public
Sector to staff from Revenue in the BA in Applied Taxation. John has worked in the Unites States in
banking, mortgage lending and as a Chief Financial Officer.
He has published Financial accounting with Corporate governance(2006) Gill & Macmillan and created the
Business Transformation Programme designed to assist SMEs. He is on the board of directors of Limerick
City Build Ltd, an entity that facilitates individuals in Limerick to start their own businesses.
17.00 – 17:15
Questions and Answers
17:15
Close
Fee for event
Free
Venue
Contact
Savoy Hotel
Mandy Coleman
Henry Street
Tel: + 353 1 284 9669
Chartered InstituteLimerick
of Internal Auditors,
13 Abbeville Mews, 88 Clapham Park
Road,mandy.coleman@iia.org.uk
London SW4 7BX
City
Email: