COSO EVENT UPDATE: Due to high interest in this event, we have changed the event location to allow for an additional 30 attendees! The agenda has also been updated to include a panel discussion along with an additional speaker. Seating is now limited to 90 people, so hurry and sign up now!!!
Please note the new location at 870 Winter Street in Waltham. If you have already registered, please be sure to go to this location NOT the 235 Wyman street address.
Still wondering how the COSO 2013 framework will impact your audit process? Join Raytheon and EY for an overview of how the COSO 2013 framework has been adopted.
Date: Monday, March 3rd, 2014
Agenda: 8:00 am – 8:30 am Registration, Networking and Continental Breakfast
8:30 am – 12:30 pm Program
Location: Raytheon Company - 870 Winter Street, Waltham, MA 02451
Member Price: FREE
Nonmember Price: $50
CPE Credit: 4.0
Event Contacts: Jeff Sardelli or Michael McShea
Due to security protocol, pre-registration is required for this event. Registration will close Tuesday February 26, 2014 at 5:00pm. After this date, substitutions will not be accepted.
In May 2013, the Committee of Sponsoring Organizations of the Treadway Commission (COSO) issued the 2013 Internal Control–Integrated Framework (2013 Framework) – a broadened and updated version of the 1992 framework which has been the profession’s leading guidance for designing, implementing, and evaluating a system of internal controls. This event will walk participants though the actual application of the framework and its impact on the audit process of Raytheon. EY will also be presenting information about the impact of COSO framework changes and how companies have been assessing and incorporating the new framework.
By attending this seminar, you will learn about:
• Brief overview of COSO 2013 Framework
• EY perspective and examples of new COSO framework adoption
• Raytheon’s adoption process and impact on auditing process
• Panel Discussion on COSO 2013
Steven A. Forrest: Steve is the assistant controller for Raytheon Company and the controller for the Global Business Services group. In his role as assistant controller, Forrest’s responsibilities include overseeing Raytheon’s compliance with Sections 404 and 302/906 of the Sarbanes-Oxley Act of 2002. In his GBS controller role, Forrest has overall responsibility for protecting the assets controlled by GBS, and ensuring the accuracy of the reported financial results/transactions and compliance with Sarbanes-Oxley Section 404.
Since joining Raytheon in 1999, Forrest has held various positions within finance and accounting and led the design and implementation of Raytheon’s Internal Control Excellence program. He joined Raytheon from Compaq Computer Corporation (formerly Digital Equipment Corporation). He began his career as a certified public accountant at Arthur Andersen in the commercial audit practice.
Forrest received a bachelor of science in business administration (BSBA) degree with a concentration in accounting from Boston University. He is also a graduate of the Penn State Executive Management program. Forrest is a qualified Raytheon Six Sigma specialist and a recipient of a 2005 CEO Award – Raytheon Company’s highest award for leadership.
Tom Sanglier: A Director of Internal Audit for Raytheon Company. Raytheon (NYSE: RTN), with 20013 sales of $24.4 billion, is a technology leader specializing in defense, homeland security and other government markets throughout the world. Headquartered in Waltham, Mass., Raytheon employs 75,000 people worldwide. Tom has over 20 years of combined experience in serving multinational public and private companies in the areas of financial and operational auditing, risk assessment, anti-fraud/corruption, internal control, and project management. He joined Raytheon in December 2010 from EY, where he was a Partner in their Advisory Services practice.
Tom is a CPA, a CIA and CRMA. He earned a bachelors degree in Business Administration, with an Accounting emphasis, from the University of Michigan. Tom is a member of the Greater Boston Chapter of the IIA and the IIA’s Professional Issues Committee.
Amanda Goldschmidt: Senior Manager in the Advisory Services Practice at EY. She has over ten years of accounting and auditing experience, and in providing enterprise risk management; internal audit establishment, outsourcing/co-sourcing and transformation; regulatory compliance and control optimization; and licensing and third-party manufacturing contract compliance services to clients. Amanda has worked with various multinational clients in execution of their internal audit and Sarbanes-Oxley compliance activities. She has presented to clients regarding the impact of the new COSO framework. Amanda is a Certified Fraud Examiner (CFE) and on the Board of the IIA Westchester-Fairfield chapter.
Heather Alman: Manager in the Advisory Services Practice at EY. She has over five years of experience with internal audit and Sarbanes-Oxley compliance, focusing on regulated industries such as Aerospace & Defense and Utilities. She has worked with several multinational companies to develop and manage their internal audit plans, including risk assessment, project execution and reporting. She has also helped with internal control assessment process updates to reflect the changes to COSO. Heather is a CPA and is on the Board of the IIA Greater Boston chapter.