Audit/Risk Agenda | Building Better Boards: Committee Series

I am an audit committee member, why should I attend?

Expand your thinking on how your board can take a proactive, and predictive, approach to your oversight of technology and business model disruptions.

Learn what questions your board should be asking about your company’s data privacy and cybersecurity programs and improve your ability to monitor risk mitigation activities.

Explore what voluntary disclosure changes other companies are implementing to increase transparency and improve reporting efforts.

Earn continuing professional education (CPE) credits!

Audit & Risk Committee Program Agenda

Tuesday, September 10, 2019

7:30-8:15 AM	Networking Breakfast and Registration
8:15-8:30 AM	Welcome
8:30-9:20 AM	A New Board Mandate: Oversight of Technology and Business Model Disruptions and Risks Azita Arvani \| Board Member, Tennant Company, Former Head of Innovation Partner & Venture Mgmt, Nokia Blythe McGarvie \| Board Member , LKQ Corp, Apple Hospitality REIT, Sonoco, Inc., and Wawa, former Harvard Business School Professor Richard Reck \| Board Member, Tribune Publishing Amongst a smorgasbord of new technologies impacting every business in every industry, directors are now expected to advise and oversee companies through ever-shifting technological challenges and weigh the need to reinvent business models to adapt to changing times and emerging technologies. But how do boards prepare for the unpredictable? This panel will share perspectives on the audit committee’s role in stewarding management through this era of massive digital transformation. You’ll learn how to implement a more agile approach to risk oversight that incorporates forward-looking insights, data analytics and predictive indicators. You’ll gain advice to help your board shift your risk mitigation approach from reactive to proactive monitoring of the company’s business operations, while staying out of the day-to-day weeds of management.
9:20-10:10 AM	Accelerating Data Security and Privacy Priorities in the Boardroom Alissa Bergman \| VP, Chief Privacy Officer, Adobe Trevor Hughes \| President and Chief Executive Officer, International Association of Privacy Professionals (IAPP) Sagi Leizerov \| SVP, Enterprise Privacy Solutions, DataGuise Stephen Reynolds \| Board Member, International Association of Privacy Professionals Every minute, 16 million text messages are sent and 156 million emails are sent. As we advance in the Fourth Industrial Revolution, almost every company is presented with new opportunities to leverage cloud technologies, AI, robotics or machine learning to develop sharper insights and competitive advantages. But, how are companies protecting customers' and partners' data? Data security and privacy is no longer a background issue for boards-- are you asking the right questions? As data sharing, data access and data protection risks evolve, regulatory and public scrutiny on data management is increasing. What lessons can we learn from recent front-page news data breaches? How can your organization make cyber security a competitive advantage? Find out what questions your board should be asking management about data privacy and security program risks, both internally and with third party partners, and gain tips to implement a holistic approach to managing those risks.
10:10-10:30 AM	Networking Break
10:30-11:30 AM	Peer Collaboration Attendees will be divided into small groups to discuss important audit committee issues such as: Managing key relationships: CFO, internal and external auditors, chief compliance officer Oversight of the company’s ethics and compliance Developing a talent strategy to support transformation of the finance function These peer-driven discussions are always an attendee favorite, providing a unique opportunity to share challenges and solutions while building new relationships with other public company directors.
11:30 AM-12:20 PM	A New Barometer for Audit Committee Reporting and Transparency Cambria Alle-Ratzlaff \| Corporate Governance Director, UAW Retiree Medical Benefits Trust Ken Bertsch \| Executive Director, Council of Institutional Investors The amount of information investors are seeking on audit committee oversight continues to increase, but what information do they really want and need to strengthen their decision-making? Investors are skeptics, so how can boards create higher confidence? This panel will share what voluntary disclosures many audit committees are adding beyond financial statement reporting, such as oversight of external auditor, culture, cyber and business continuity, and investors’ feedback on where they are seeing disclosure improvements. Obtain tangible examples of key operating performance indicators, non-GAAP metrics and alternative measurement standards you can capture and disclose to enhance the information you provide for investors and other stakeholders. Building a Sustainable and Competitive Economy: An Examination of Proposals to Improve Environmental, Social, and Governance Disclosures Audit Committee Disclosure in Proxy Statements-- 2019 Proxy Review Voluntary Audit Committee Disclosures Continue To Evolve
12:20-12:30 PM	Top Audit Committee Take-aways and Action Items
12:30-1:15 PM	Networking Lunch

Note: Agenda subject to change.