Agenda

Day One: Tuesday, November 22, 2022

10:15 EST

45 min
Monia Lahaie
Keynote Address

Monia Lahaie, Assistant Comptroller General of Financial Management Sector at Office of the Comptroller General, Treasury Board of Canada Secretariat, Government of Canada

  • The need to for organizational change to remain viable
  • Identifying new risks that arise as transformation proceeds in the new environment
  • Transforming controls to meet the new challenges
  • Using transformational initiatives to build resilience and efficiency (eg.technoloy) into organizational controls

11:00 EST

45 min

Evaluating Internal Controls Across the Procure-to-Pay Process

Isabelle Roberge, Senior Manager, PWC Canada

Alex Gong, One Analytics - Senior Manager, PWC Canada

This session will cover how the UiPath process mining tool was used to evaluate the Procure-to-Pay process for a major government department. Topics will include process mining functionalities including:

  • Exploring variations in the process
  • Identifying inefficiencies with root cause analysis
  • Reviewing automation opportunities, and accessing process non-conformance

11:45 EST

45 min

Internal Control Best Practices

How a strong ERM program can be used to:

  • Prioritize options to mature the internal control framework and
  • Monitor the effectiveness of these controls

 

12:30 EST

60 min

Break

14:15 EST

45 min

Internal Controls to Monitor Progress in Diversity, Equity and Inclusion

Jane Whynot, Partner, Goss Gilroy Inc.

  • Internal Controls to identify gaps and monitor DEI progress
  • The need for quantifiable goals to increase accountability
  • What metrics are required?

15:00 EST

15 min

Break

16:00 EST

45 min

Internal Control Considerations When Outsourcing to Third Parties

Nina Grimes, Partner, Deloitte LLP

Nicole Dufresne Baker, Director | Risk Advisory / Government and Public Service (GPS), Deloitte LLP

This session will provide high level insights for managing internal controls when relying on third parties.

  • Mitigating outsourcing risks by setting standards for outsourced providers
  • What level of due diligence is required?
  • Public sector obligations in outsourcing
  • Confidentiality and security issues
  • Contractual terms when dealing with the private sector

16:45 EST

End of Day One

Day Two: Wednesday, November 23, 2022

11:00 EST

45 min
Brian (Drew) McKenna

Data Analytics, Quantitative Risk & Internal Controls

Brian (Drew) McKenna, Manager Audit Technology Optimization & Modernization (ATOM) Office of the Comptroller General, Government of Canada

  • Our journey with data analytics across 40 large Federal Departments and Agencies
  • Transforming and Analyzing financial transactional data
  • Identifying risks or control failures through the actions of people
  • Visualising internal control results using a risk-based approach in PowerBI (demo)

12:30 EST

60 min

Break

13:30 EST

45 min

Building Resilience into your Financial Controls Monitoring Program

Kristann Rose

Continually identifying risks, analyzing impacts, accelerating monitoring, and applying appropriate controls

  • Role of digitalization
  • Identifying issues and providing insights in real time
  • Leveraging emerging technologies in automation, AI, advanced analytics and visualization to make controls more dynamic and responsive to disruption
  • Four lines of sight to help your organization withstand shocks

15:00 EST

15 min

Break

15:15 EST

45 min

Preventing Benefits Fraud in the Public Sector

Gary Askin, Fraud Investigator, Sun Life

Employers and their insurance providers are reeling at the proliferation of fraud rings — groups of employees who work together to abuse and exploit benefit plans, with medical services providers as their eager accomplices. Find out:

  • What long-standing auditing weaknesses allows this sort of brazen abuse to go unchecked?
  • What went wrong with internal controls – what controls were in place but ignored?
  • Control delusion – there is a control but it is not being exercised?
  • Role of data scientists
  • Solutions: Using an artificial intelligence program to spot fraudulent claims
  • Solutions: The approved providers network

16:00 EST

45 min

Environmental Scanning – Techniques to Identify Changes, Trends and Best Practices for internal Control

  • Tracking system modernization and policy change as they proceed
  • What does the scan entail?
  • Anticipating and reacting changing requirements internal controls
  • Avoiding noise and embracing opportunity
  • Internal controls by design

16:45 EST

End of Day Two