Our First Annual Meeting, Pre-Conference Training & Conference has been planned around the theme Audit Committees:  Making Corporate Governance Work in the Caribbean, and will provide a forum for existing/potential audit committee members, company directors and internal audit personnel in the Caribbbean to meet and discuss matters in relation to the development of corporate governance initiatives in the region, and in particular issues which affect audit committees and their effective operation.

The Pre-Conference Training session is part of an educational programme for audit committee members and directors - both new and more experienced - who would like to enhance their knowledge and understanding of audit committee responsibilities and activities. The curriculum will include:

·     The role and responsibilities of the audit committee

·     Audit committee interactions with CEO, management, internal and external auditors, IT directors and regulatory agencies

·     The regulatory environment  and requirements for financial disclosures

·     An update on current accounting principles and issues

·     Fiduciary responsibilities and minimizing legal exposure

The Conference emphasises the need to maximize excellence in corporate governance through the examination and discussion of issues critical to audit committee effectiveness, such as:

·     Earnings Management

·     IT Governance

·     IFRS Implementation

·     BASEL II Capital Accord

·     Institutional and Regulatory Challenges to Caribbean Audit Committee Effectiveness

·     Audit Committee Executive Sessions & Self-Assessment

·     Audit Committee Selection Process & Independence.

Our specially selected presenters and panellists will deliver addresses,  share their knowledge and experience and give meaningful feedback in discussion forums, in an effort to better equip audit committee members in their quest of "Making Corporate Governance work in the Caribbean."

This year we invite attendees to apply for the following levels of sponsorship:

GOLD SPONSOR - US$5,000

• 10-minute presentation relevant to the Conference Theme at the Conference.
• Signage on the Conference Web Portal and at the pre-Conference Training, Annual Meeting and Conference.
• Midi advertisement (180 x 120 pixels) on CAACM's Conference Web Portal from date of payment of Sponsorship fees until end of August 2007.
• Distribution of promotional items in Conference Kits or at the Conference.
• Full listing and contact information for all CAACM members and Conference attendees.
• Waiver of registration fee for two representatives from your company (CAACM members) and one representative (non members).

SILVER SPONSOR - US$3,500

• Signage on the Conference Web Portal and at the pre-Conference Training, Annual Meeting and Conference.
• Midi advertisement (180 x 120 pixels) on CAACM's Conference Web Portal from date of payment of Sponsorship fees until end of July 2007.
• Distribution of promotional items in Conference Kits or at the Conference.
• Full listing and contact information for all CAACM members and Conference attendees.
• Waiver of registration fee for one representative from your company (CAACM members).

BRONZE SPONSOR - US$2,000

• Signage on the Conference Web Portal and at the pre-Conference Training, Annual Meeting and Conference.
• Thumbnail advertisement (122 x 60 pixels) on CAACM's Conference Web Portal for two consecutive months from date of payment of Sponsorship fees until end of June 2007.
• Distribution of promotional items in Conference Kits or at the Conference.
• Full listing and contact information for all CAACM members and Conference attendees.

“AUDIT COMMITTEES:  MAKING CORPORATE GOVERNANCE WORK IN THE CARIBBEAN”

 
THURSDAY 21ST  JUNE, 2007

 
PRE-CONFERENCE TRAINING

 
Audit Committee Fundamentals – Roles, Responsibilities and Resources

• Role of the Audit Committee
• What an Audit Committee Member needs to know about the organisation
• Understanding the Audit Committee Charter
• The Mechanics of Audit Committee Meetings
• Managing Relationships with Other Stakeholders

Berkley Greenidge, Director, Advisory Services, PricewaterhouseCoopers

Audit Committee Fundamentals - Financial Reporting  

• Introduction to Financial Reporting and Investor Relations
• What are International Financial Reporting Standards (IFRS)
• Introduction to the Framework of Financial Reporting
• Bridging the Gap – Management Accounts and Financial Statements, Understanding Financial Statement Assertions
• Probing Questions to ask of Management on Financial Reporting

Mrs Kathy M David, Resident Manager, PricewaterhouseCoopers

Breakout WORKSHOP

Audit Committee Fundamentals - Regulatory Environment & Financial Reporting

Sarbanes-Oxley and Basel 11 Capital Accord

Frederick Bernard, Manager, KPMG Advisory Services

 
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FRIDAY 22nd JUNE, 2007

CAACM 1st ANNUAL CONFERENCE

“Audit Committees:  Making Corporate Governance Work in the Caribbean”

OPENING CEREMONY

PLENARY SESSION

"Audit Committees:  Assessing Critical Issues”

Berkeley Greenidge, Director, Advisory Services, PricewaterhouseCoopers

 Panel Discussion

 Berkeley Greenidge, Director, Advisory Services, PricewaterhouseCoopers

IT Governance – A Critical Audit Committee Responsibility

  Andrea Gaillard-St Rose

Fraud Risk & The Audit Committee

PLENARY SESSION

“Regulatory Environment:  Increasing Complexities and Challenges”

Ms Esco Henry, Legal Advisor, Eastern Caribbean Central Bank

Concurrent Breakout workshops

Workshop 1:  BASEL II Capital Accord - A Practical Approach

David Millar: COO, Professional Risk Managers’ International Association (PRMIA)

PLENARY SESSION

“Creating and Sustaining an Effective Audit Committee in the Caribbean”

Deborah Hicks Midanek, President, Solon Group I