Audit and Risk Committees - at the Centre of Assurance
The final Governance Forum event of 2018 took place on the morning of 6th December at the IPA, on the topic of “Audit & Risk Committees – at the centre of assurance”. Attendees heard from three experienced practitioners who each brought a particular perspective to the topic. Dermot Byrne, Head of Internal and EU Audit at the Department of Public Expenditure & Reform (and also the Department of Finance on a shared service basis), provided an internal audit perspective on what makes for a good ARC and the role and value-add of internal audit, including recent guidance. Noreen Fahy, Director of Finance and Corporate Services at the IPA, reflected on her years supporting Audit/Audit & Risk Committees (as a consultant) as well as being a member and chair of Audit Committees. And Brian McEnery, Partner at BDO, and Board Member/Audit Committee Chair at NAMA reflected on the topic from the position of Chairperson, as well as his experience of audit committees across a number of sectors. Discussion focused around issues such as getting the most out of internal audit (IA), assessing the effectiveness of IA, what makes for effective committees and effective members, culture audit, and the statement on internal control and supporting assurances.
Please click one of the links below to access the presentations: