FRS 102 implementation issues and planning for 2017
Speaker: Aidan Clifford, ACCA
• Issues that arose at 2016 year end
• Investment accounting and interest income management
• Planning for 2017 year end
• Operational Risk Reserve
Implementing an internal audit and risk function (PART 1)
Speaker: Tom Connaughton, Internal Auditor, The Rehab Group
• Creating value from the internal audit function
• Internal V external appointments
• Part time internal audit functions
• Reporting structures for internal audit
• External audit of the internal audit and risk function
• Managing staff who have statutory positions
• Managing relationships with external, internal auditors
• Planning and controlling the internal audit
Implementing an internal audit and risk function (PART 2)
Speaker: Tom Connaughton, Internal Auditor, The Rehab Group
• Creating value from the internal audit function
• Internal V external appointments
• Part time internal audit functions
• Reporting structures for internal audit
• External audit of the internal audit and risk function
• Managing staff who have statutory positions
• Managing relationships with external, internal auditors
• Planning and controlling the internal audit
External Audit & the CEO
Conflicts of interest
Auditing v Preparation
Ethical standards
Speaker: John McCarthy, John McCarthy Consulting Ltd
- Staturtory appointment and the reporting to shareholders and the statutory duty report to CBI
- Internal v's external audit duties
- Accounting preparation v's audits
- The planning meeting
- Ethical standards with specific reference to audit rotation, accounting functions and role in management
- Tendering
- The management letter
- The audit findings meeting
- Presenting to the Board and Board involvement in the audit
Managing staff with a statutory reporting obligation
Speaker: Deirdre McHugh, 353 Management
• Managing professional staff
• Managing staff with statutory responsibilities
• Developing reporting lines with statutory staff
• Implementing an appropriate reporting up regime
• Developing internal staff
RCU
Speakers: Anne Marie Finnegan, Elaine Byrne
• Implementation issued for January 2016 Regulation
Managing year end
Preparing for year end
• 2016 year end issues identified
• Planning for 2017
• RCU priorities for 2017+