Introduction:
Audit committees play a critical role in ensuring good governance and enhancing the reliability of financial reporting. In today's fast-paced business environment, audit committees face new challenges, including increased regulatory scrutiny, evolving risks, and emerging technologies. This training program is designed to equip audit committee members with the knowledge and skills needed to navigate these challenges and fulfill their roles effectively.
Objectives:
- Understand the evolving role and responsibilities of audit committees in today's business environment
- Develop a thorough understanding of the key legal and regulatory requirements applicable to audit committees
- Learn how to effectively oversee financial reporting and auditing processes
- Gain insights into emerging risks and technologies impacting audit committees
- Strengthen the effectiveness of audit committee meetings and communications
Target Audience:
This training program is designed for audit committee members, including board members, CFOs, finance directors, and other senior executives responsible for overseeing financial reporting and auditing processes.
Outline:
Day 1:
The Evolving Role of Audit Committees
- Overview of the audit committee's role and responsibilities
- Key trends impacting audit committees in a new era of governance
- Best practices for audit committee oversight
Day 2:
Legal and Regulatory Requirements for Audit Committees
- Understanding the legal and regulatory requirements applicable to audit committees
- The role of the audit committee in regulatory compliance
- Managing conflicts of interest and maintaining independence
Day 3:
Effective Oversight of Financial Reporting and Auditing Processes
- Understanding financial reporting and auditing processes
- The audit committee's role in overseeing the financial reporting process
- Best practices for effective auditing oversight
Day 4:
Emerging Risks and Technologies Impacting Audit Committees
- Identifying emerging risks and trends impacting audit committees
- Understanding the impact of emerging technologies on audit committee oversight
- Best practices for leveraging technology to enhance audit committee effectiveness
Day 5:
Strengthening Audit Committee Effectiveness
- Strengthening the effectiveness of audit committee meetings and communications
- Developing effective reporting and communication frameworks
- Strategies for continuous improvement of audit committee effectiveness
About Amsterdam
Amsterdam, capital of the Netherlands, is a popular destination amongst travelers from all around the world. Once just a little fishing village, Amsterdam is now a major international city after having become an important port during the 1600s. Throughout its history, the city has had many famous residents, including artists, philosophers and other historical figures. There is much to discover along Amsterdam's quaint streets and picturesque canals. So much so that a flight to Amsterdam comes with a guarantee of cultural and historical attractions that will provide memories to last a lifetime. Amsterdam is a hotbed of culture for travelers of all ages and tastes.
Things to do and places to visit in Amsterdam
From the moment passengers step off their flight to Amsterdam, they will find it a friendly city with a lively atmosphere. Its flat geography means that it is perfect for exploring by bicycle. If you're feeling less active, it the city is also well-served by public transport. The so-called Venice of the North has something for every visitor. Culture vultures have museums, galleries and theaters to see, Families can visit the zoo or the Science Center NEMO.
When visiting Amsterdam, be sure to:
- See the picture-perfect and colorful houses of the Grachtengordel district.
- See the iconic works of one of Holland's most famous artists at the Van Gogh Museum.
- Visit the house where Anne Frank and her family hid from the Nazis.
- Browse through the extensive collection of fantastic art in the Rijksmusem.
- Wander through the blaze of colors that is the Singel Flower Market.
- See the city at a leisurely pace on a canal cruise.
- Marvel at one of the city's many historic churches.
- Learn about life aboard a ship at the National Maritime Museum.
- Discover the Begijnhof's well-preserved medieval architecture.
- See animals of all kinds, as well as the butterfly pavilion and aquarium, at the Artis Zoo.