Newsletter | Volume 1

Good Corporate Governance is Good Business if implemented and communicated is an excellent vehicle to improve the structure or the company's Compliance and Risk management capabilities. This year's themes and priority issues are on automation and optimization of processes, record keeping, reporting and disclosures, to ensure that even a diversified organization with 'part-time' Governance Officer can identify the crevices from the Governance gaps.

The conference speakers will additionally focus on developing solutions utilizing existing in-house expertise. The main focus is to create a holistic view of how Corporate Governance can maintain their compliance and risk management requirements, without creating additional burdens or bureaucratic processes within the organization.

Managing the GRC policies and procedures and processes that regulate a corporation's day-to-day operations brings its own set of challenges.

How to manage these policies current, communicating them to employees, addressing exception requests and violations, and much more.
Effective policy management brings insights on how they can apply those lessons to your own organization

Another speech is on The Stakeholder and investor's demands on Management, Board of Directors and Committees

How to develop a program for collecting metrics on your organizations GRC efforts and what to presents to the board.
What should directors and senior management report, disclose and inform? Based on their vast array of available data and concerns, boards of directors need to know, understand, and act upon issues of vital concern.

The various Committees play a rather significant role to liaise between the board, management and external and internal auditors on Governance issues. Participants will receive the full deck of audit committee conference presentations if you send us an email, together with your registration.

Financial reporting of many larger companies are extremely complex including the impairment test problems (Impairment issues), counter party risks, going concern relationship etc. These problems occur from complex issues that both challenge AC'ere and require a stimulating dialogue with the external auditors.

CFO's and Auditors believe that there is an urgent need to simplifying Financial, Accounting & GRC reports and disclosures. From the top audit authority in Scandinavia we will go thru:

Disclosure and reporting demands from regulators, oversight authorities, and other stakeholders are extensive. How can you improve your ability to demonstrate effective compliance—if the processes are properly crafted.
Reporting and visualization tools can provide a complete visibility into and across GRC operations, including your controls, policies, and attestations that the employees know the difference between ethical and non-ethical conduct.

The UK Bribery Act and The Foreign Corrupt Practices Act are indeed creating quite an argument, frustration and confusion both in the board rooms and in the internal audit departments.

The compliance uncertainty creates a bit of disturbance. The conference will shed light on the nuts-and-bolts of Bribery and the Foreign Corrupt Practices Act.

How to fix the various permissible Bribery Fraud and Corruption theories.
Master the BA and FCPA concerns as they have developed during the past couple of years.

In order to comply with The Bribery Act and The Foreign Corrupt Practices Act, Anti corruption due diligence involving and engaging third parties is fundamental to avoid disasters. Whatever the location or nature of the arrangement, can expose any organisation to the risks in a number of areas including export controls, fraud, money laundering, conflicts of interest and other unethical business practices.

This can result in reputational if not financial damage to your organisation, if not well managed.
There are a number of well publicised cases of organisations being brought into disrepute by associations with third parties whose ethical practices are not aligned. There is now an expectation from certain prosecutors that organisations proactively manage these business partner relationships.
Specifically in connection with bribery, we will examine the expectations of the prosecutors and what your organisation can do to address these.

No conference is complete without at least one case Study: We will go thru the Role of a company’s poor ethical culture:

A sound company, with diligent employees and high technical strength can be involved in misconduct that is intensified due to poor corporate culture, will now renew itself.
Directors should be independent, not connected to management or business partners.
Candid conversations, dissenting opinions, create a culture of accountability and transparency.
Question the consultation of your advisors, approve highly complex transactions, how can a transaction generate economic growth if it has more form than substance.
Whistleblower to "prevent misconduct by executives". The need to pursue an ethical work culture as part of any fraud response program.

Effective internal control environments in international organisations are central in many processes, reports disclosures and mandates. Internal controls are a key component of effective management of any business because they increase the awareness across the organization. The challenge associated with implementing and maintaining an effective control environment is constant.

The world and organisations are constantly changing, such that measures are subject to review and revision regularly. Ensuring that your organisation is prepared for this and that they are acting appropriately when the business may cover a large number of different cultures is a complex problem.
How an effective internal control environment can be established and maintained in an international organisation

The challenge is to find innovative ways to make significant topics like Ethics & Codes to be relevant by engaging individual contributors and management in the conversation and creating a willingness to discuss these difficult subjects.

How can interactive exercises, small-group work, facilitated discussion, and multimedia to showcase how to initiate conversation, gain stronger insights, and execute all elements of Ethics and the culture of Compliance relevant for your global workforce.
Executive Compensation
Sustainability and CSR
Transparency

Copenhagen Compliance has pleaded and emphasised the need for the introduction of Global Governance Regulations since 2007.

We believe that after all of the information, guidance, training and inspiration, it is time for some Brain Food provided by the Radisson Blu Hotel Scandinavia at the conference.