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ACI's Fall 2009 Audit Committee Roundtable Series Going Forward: Risk, Reform, and Recovery December 2009
Given the severity of the economic recession, companies and boards have been focused squarely on the critical issues that are directly in their headlights—cash flow, liquidity, cost controls, even survival. Yet, the belt-tightening and restructuring that many companies have undertaken may pose a host of challenges and risks as they navigate the "New Economy." Adding to the complexity of this new environment: financial regulatory overhaul, climate change and cap-and-trade legislation, international tax changes, and healthcare reforms impacting financial reporting, transparency, and compliance. At the same time, increased demands by investors, regulators, legislators, and other stakeholders for effective risk management are causing boards to reassess how they oversee risk. Are the risk oversight responsibilities of the board and its standing committees clear? Is the company's risk appetite appropriate? Does the board have a solid understanding of the company's strategy—and the risks inherent in that strategy? Through moderated panel discussions with seasoned directors and business executives, KPMG's Fall 2009 Audit Committee Roundtable series–Going Forward: Risk, Reform, and Recovery – Implications for Audit Committee Oversight—will explore how boards and audit committees are responding to increased expectations for risk oversight, as well as the challenges and opportunities presented by an uncertain economic recovery. Industry-Specific Roundtable Session An industry-specific Audit Committee Roundtable session designed for the Mutual Funds sector will be held in New York on December 1, 2009 following the general Audit Committee Roundtable session. Click here for further details and to register for this industry-specific session. Continuing Education Credits
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The NACD Corporate Directors Institute has accredited this program to provide two continuing education credits (CDEs) for those who hold the Certificate of Director Education.
Additionally, 2–3 continuing professional education (CPE) credits are available to participants, although state boards have final authority on the acceptance and determination of individual course credits. The roundtables are an update on key audit committee challenges and leading practices. There are no prerequisites and there is no advanced preparation required for these events.