Best Practice on the Statement on Internal Control (with CAI)
19 November 2024
10:00–12:30
IPA, 57-61 Lansdowne Road, Ballsbridge, Dublin 4
The joint IPA Governance Forum-Chartered Accountants Ireland event is designed to share insights, experience and approaches on assurance and approval by the Board of the Statement on Internal Control (SIC). The event will also provide a regulatory oversight perspective and discuss expectations on an organisation's Statement on Internal Control.
The scale, size and complexity of organisations subject to the Code of Practice for the Governance of State Bodies (2016) and other public sector requirements can vary, and as can their approach to internal control assessment and procedures supporting their Statement on Internal Control. This event will explore some of the approaches taken to get assurance on the SIC, what works well or not so well, and, applying a holistic perspective of internal control reviews across public and private sector, what practical tips might improve the quality of work done to support the Statement of Internal Control.
- Appraise various approaches to obtaining assurance to support approval of the Statement on Internal Control
- Demonstrate and explain the appropriateness of content for the Statement on Internal Control
- Apply a constructive and critical approach to assessing reliability and completeness of data for the Statement on Internal Control, and identify the relevant questions to ask about the process
- Describe examples of compliance with the Code of Practice for the Governance of State Bodies and other public sector requirements that are relevant to the compilation of the Statement on Internal Controls
- Design an effective policy and guidance for a public sector organisation on compiling and obtaining assurance on the Statement on Internal Control
The speaker line-up for the event will include:
- Andy Harkness, Director of Audit, Office of the Comptroller and Auditor General
- Terence O'Rourke FCA, highly experienced INED and Chairperson of ESB, RTÉ, Hugh Lane Gallery and the Irish Film Institute
- Dr Tom Ward , Senior Governance Specialist, Institute of Public Administration
- Anne Sykes FCA , Audit and Assurance Technical Manager, Chartered Accountants Ireland
- Níall Fitzgerald FCA , Head of Ethics and Governance, Chartered Accountants Ireland. Non-Executive Director and Advisory Committee Member
- Kevin O’Donovan FCA, Independent Non-Executive Director
Additional speakers will be added in due course.
Forum members are welcome to register attendees. The event will be subject to capacity and places will be confirmed on a first come first served basis.