DATES/LOCATION: Please Inquire
COST: $925 TWO DAYS; $650 ONE DAY
The spectacular acceptance of Business Process Reengineering (BPR) by organizations worldwide has caught managers and auditors by surprise. Much of what they were accustomed to (paper documentation, audit trails, separation of duties, etc.) is affected or disappears. It demands that you become actively involved before-the-fact or risk becoming irrelevant. Audit justifies its existence on the "value added" it can contribute in this new and drastic environment. Old ways must give way to new. Management and reengineering experts sorely need the auditor's independent input on controls and security in a BPR environment. New bold technologies to enable BPR are introduced which further heavily impact the control and audit strategies and the need for new controls.
This symposium and workshop is ideal for:
Executives and BPR program managers
Information system managers
Audit executives, external auditors, controllers
Users, consultants and anyone affected by or involved in reengineering planning and implementation efforts
YOU WILL OBTAIN:
a) A sound background and a clear vision of the impact of BPR
b) Practical ideas and guidelines on how to cope with the new challenge immediately applicable in your organization.
PROVIDE A FOUNDATION OF BUSINESS PROCESS REENGINEERING
HOW TO DEAL WITH INTERNAL CONTROL IN A BPR ENVIRONMENT
SHOW HOW TO REENGINEER THE AUDIT & SECURITY FUNCTIONS
First Day - BPR's Impact on Internal controls
The first day stresses controls and second day focuses on auditing.
Drastic Impact of BPR on Internal Control. BPR Characteristics. Client centricness, process cycle reduction, elimination of functions, controls and people, and workflow change Drastic reduction in checks and balances and separation of duties Exposures: fraud, loss of controls and authority empowering. The broad picture: balancing total client service value added vs. loss of control. Compensating control strategies.
How to Deal with Internal Control in a BPR Environment
Major implications of reengineering on internal control
Defining the audit process, the client and the audit products
Defining the key premises and strategies for reengineering
How to control in a BPR environment: compensating and replacement controls, use of technologies to compensate for control loss
Second Day - WHY AND HOW TO REENGINEER THE AUDIT AND CONTROL FUNCTIONS
The second day of the symposium shows how to apply the principles of BPR to reengineer the audit function itself.
Every major company function is being reengineered to improve client service. Auditing must reengineer itself:
To deal with controls in different ways than in the past
To fulfill management's expectations (Audit cannot be exempt)
Traditional audit methods are obsolete under reengineering
Review why present audit methods are unsuitable for BPR
Apply BPR methodologies to reengineer the audit processes
New audit paradigms: empowering, controls self-assessment, strategic alliances, using technology for automated auditing
Key steps that auditors should take to stay on top
Discuss specific topics of interest to participants
NOTE: Participants to the 2-day symposium will receive a complimentary copy of our brand new, restricted circulation manual: "MAP-37, REENGINEERING & BUSINESS PROCESS REDESIGN - Management Control and Audit Implications" (a $175 value). Participants to only one day of the symposium can obtain it for $100.
We reserve the right to change the syllabus.
Seminar registrants are advise not to book non-refundable airline reservations until full confirmation that the seminar will run. Participants who purchase non-refundable tickects do so at their own risk.