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 Business Intelligence and its Impact on the Audit Process

Chapter Event
12/9/2013 8:00 AM
12/9/2013 12:30 PM
Boston |
Business Intelligence and its Impact on the Audit Process
Are you prepared for the new wave of Business Intelligence and Predictive Analytics? Are you certain your related system of internal controls properly mitigate the risks associated with Business Intelligence?  If you can’t answer a firm “yes” to these questions, then you should attend this event!
Date:                    Monday, December 9st, 2013
Agenda:                8:00 am – 8:30 am       Registration, Networking and Continental Breakfast
                                           8:30 am – 12:30 pm    Program
Location:               Grant Thornton LLP
75 State Street, 13th Floor                               
Boston, MA 02109
Member Price:                 $50
Nonmember Price:       $75
CPE Credit:                       4.0
Event Contacts:           Jeff Sardelli or Michael McShea
Contacts E-mail:  or
Seating is limited, so sign up now!!!
Event Summary and Speaker Bios:
Companies are becoming increasingly more dependent on Business Intelligence (BI) to make material business decisions. The speed of decision making and the corresponding need for information is increasing; substantive audits cannot cope with the increase in speed resulting in the need for a paradigm shift in control processes. If the information provided by the BI ecosystem is wrong, the organization is prone to make bad decisions and put the company at operational and perhaps financial risk!
Systems of Internal Control and the Audit Process have to take into account the Operational Risk posed by bad Business Intelligence!
By attending this seminar, you will:
      Understand what Business Intelligence is
      The  components of Business Intelligence ecosystems
      Understand how Business Intelligence impacts the System of internal control
      The implications of Business Intelligence on the audit process
Speakers Harry Hanelt & Phil Teplitzky:
 Harry Hanelt:
 Mr. Hanelt is a Managing Director and President of HPSquared LLC, a best in class Boutique Management Consultancy focused on Data and Information Management domains helping clients align business solutions with technology and process enablement through strategy, advisory, and implementation services. Mr. Hanelt has over thirty years experience in both Consulting and Industry, where has held leadership positions in several large firms including KPMG, BearingPoint, SunGard, Heublein and CBT. Mr. Hanelt provides strategy, advisory and leadership for large complex Transformation program s. He has been responsible, at two large consultancies, for Enterprise Data Management, Data Warehouse and Business Intelligence solutions. His experience ranges across Financial Services, Insurance, Consumer Markets, High Tech and other industries.
Mr. Hanelt has served as an Industry Advisor to the University of Connecticut’s School of Business. He holds a BA in Mathematics from CCSU and an MBA from the University of Connecticut.
Phil Teplitzky:
Mr. Teplitzky is a Managing Director and Chief Technology Officer (CTO) of HPSquared LLC. Mr. Teplitzky has more than thirty-five (35) years of experience in the field, holding major Technical and Managerial positions in both the Consulting and Corporate environments. He has been a National Director at Coopers & Lybrand with responsibility for Data and Architecture, a founding Partner of The Plagman Group a consultancy specializing in Data related areas (company was bought by Price Waterhouse), and Managing Director at SHL SystemHouse. In addition, he has been the CIO at The Harry Fox Agency, CTO for The and Head of Data Architecture for Citi Bank Retail US and Europe.
Mr. Teplitzky has been both a speaker and author at many functions including the New York DAMA (Data Management Association) meeting and the MIT Data Quality conference. He has given lectures at the Watson School of Engineering on Data Management and Project Management and has over his career contributed several articles to various Computer Journals. Mr. Teplitzky holds a Master’s of Science in computer System from the School of advanced Technology, Watson School of Engineering, State University of New York at Binghamton and a Bachelor of Arts degree in Social Science from Harpur College. He is a Member of the IEEE (Institute of Electrical and Electronics Engineers) and the ACM (Association of Computing Machinery).