Topic: 2013 COSO Internal Control – Integrated Framework: Challenges and Opportunities
Location: Deloitte Tysons/McLean Office
1750 Tysons Boulevard, McLean, VA 22102
Lower Level (LL) Development Center
Date: Monday, November 4, 2013, 8:30 AM – 5:30 PM
Contact: Kristin Kole (703) 727-0671 firstname.lastname@example.org or Courtney Leith email@example.com
Speaker: Deloitte & Touche LLP (Dawn Jones / TBD)
Sponsor: Deloitte & Touche LLP
Price: Early Registration (through 10/15/2013):
Registration (after 10/15/2013):
The 1992 COSO Internal Control – Integrated Framework (ICF) provided the foundation for nearly every internal controls and risk management standard and regulation. In May 2013, the much anticipated update to the 1992 ICF was released and is already having far-reaching effects upon management teams, auditors, process & controls specialists, compliance teams as well as those with responsibilities related to internal controls over financial reporting (ICFR).
Please join us on November 4, 2013 for training on the updated 2013 COSO Internal Control - Integrated Framework presented by Deloitte & Touche LLP. During this 8 hour session, Deloitte will provide an overview of the 2013 COSO framework’s structure and mission, including what was carried forward into the new framework, broad changes and transition and implementation guidance.
Deloitte will highlight the key changes including the significant enhancements that may pose challenges to management, provide a detailed understanding of each of the 17 principles, and help you formulate specific actions for how you can identify, assess and implement the changes to your specific organization. The facilitators will also discuss the limitations of internal control and considerations and next steps during the transition period, including available tools and resources.
At the end of this course, participants will be able to:
· Provide an overview of COSO’s structure and mission
· Provide an overview of the COSO 2013 framework, including:
o Core components of the 1992 Framework carried forward in the 2013 ICF
o Expectations for governance and oversight
o Application of ICF to complexities in laws, rules, regulations, and standards
o Expectations related to competencies and accountabilities
o Use of, and reliance upon, evolving technologies
o Expectations related to the prevention and detection of fraud
· Provide practical implementation examples facilitated through directed questions and activities
· Discuss considerations and next steps during the transition period, including available tools and resources
Dawn Jones, Director
Deloitte & Touche LLP
Dawn is a Director in the Greater Washington Advisory practice. Dawn has over 16 years of experience with providing risk and internal controls, business process, revenue assurance and regulatory services to her clients. Her industry focus has primarily been in the technology, media and telecommunications sectors. She also serves clients in other industries including government contracting and not for profits. She also has prior experience in industry, establishing a new internal audit function and audit plan for a telecommunications company.
Dawn also supports the practice development of Deloitte’s national Internal Audit Transformation service offering within the U.S, and is involved in the development of strategy, methodology and tools, as well as a national and global advisor to client teams on internal audit services. Dawn also leads internal audit training initiatives, including Deloitte’s training relationship with the Institute of Internal Auditors – and is a frequent developer and facilitator of internal auditing, risk management, and core consulting training and presentations. She has also co-authored risk management thoughtware.
Dawn is a Certified Public Accountant (MD, VA, and DC), Certified Internal Auditor, and Certified in Risk Management Assurance.