Dbriefs
24 Jul.

Turning the corner from crisis: Modernizing internal controls programs

Special Edition | Controllership Perspectives

Friday, 11:00 a.m.  ET | 1 hr
Credits offered: CPE Event language: English

Participants will gain insights on changes to inventory counting that may come out of the crisis and explore benefits of using virtual technology to modernize related internal controls.

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Key takeaways

Host: Beth Kaplan, managing director, Deloitte & Touche LLP

1 Overview CPE credit | Specialized Knowledge

What are internal control issues for a remote workforce to consider when performing inventory counts, and how are organizations modernizing their internal controls post-crisis? Now is the time to turn the corner from recover to respond and thrive. We’ll discuss:

  • Impacts of and considerations for performing cycle and annual physical inventory counts remotely using virtual technology.
  • How finance functions are moving from crisis response to recovery and from reviving to thriving by, for example, recalibrating their risk assessments and conducting management review of controls.

Meet the speakers

Beth F. Kaplan

Beth F. Kaplan

Managing Director | Center for Controllership™

Beth is the managing director for the Center for ControllershipTM. A Deloitte Advisory managing director at Deloitte & Touche LLP, she has more than 35 years of experience both as an auditor, CFO/Controller, and as a financial operations consultant. Beth specializes in helping the Controllership function improve overall finance processes, reduce cost of delivery and/or reduce risk. She has served some of the largest global and national organizations as they transform their controllership function due to mergers, accounting changes and/or system transformation. Beth has published several times in the areas of improvement of the financial close and reporting process, role of controllership and designing an effective control design for Sarbanes-Oxley.

Patty Salkin

Patty Salkin

Managing Director

Patty is a managing director with the Deloitte Risk and Financial Advisory practice for Deloitte & Touche LLP. She has more than 25 years of experience that includes both private industry and professional services, with extensive experience specializing in Sarbanes-Oxley (SOX) and internal audit risk advisory services. She has served many clients, including multi-national, in both an integrated audit and risk advisory capacity across a variety of industries including manufacturing, retail, life sciences, professional services, and telecommunications. Patty assists clients in addressing their top Sarbanes-Oxley (SOX) areas of focus to drive client-vested outcomes and values including SOX modernization and optimization, SOX readiness, developing or assessing remediation plans in response to material weaknesses or investigations, the Committee of Sponsoring Organizations of the Treadway Commission assessments, automation of manual controls, risk assessments, and impact of significant events and transactions on internal control over financial reporting. Patty is a graduate of Rutgers, The State University of New Jersey and holds a Bachelor of Science in Accounting. She is a certified public accountant in New York and New Jersey and a member of the American Institute of Certified Public Accountants.

Julie Velayo

Julie Velayo

Principal | Deloitte Risk & Financial Advisory

Julie is a Deloitte Risk & Financial Advisory principal at Deloitte & Touche LLP and leads our Digital Risk Management solution. For more than 15 years, she has helped her clients design and enhance their governance and risk strategies. Julie’s information technology background allows her to assist clients as they transform their accounting and control environment through digital technologies, such as process automation, to drive efficiencies and reduce static costs.

Dbriefs resources

Friday, 24 Jul 2020 11:00 a.m. ET
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