COSO 2013: Where Are We Now - Implementing the Framework

Still wondering how the COSO 2013 framework will impact your audit process? Join Raytheon and EY for an overview of how the COSO 2013 framework has been adopted.

Event Summary:

In May 2013, the Committee of Sponsoring Organizations of the Treadway Commission (COSO) issued the 2013 Internal Control–Integrated Framework (2013 Framework) – a broadened and updated version of the 1992 framework which has been the profession’s leading guidance for designing, implementing, and evaluating a system of internal controls. This event will walk participants though the actual application of the framework and its impact on the audit process at Raytheon. EY will also be presenting information about the impact of COSO framework changes and how companies have been assessing and incorporating the new framework.

By attending this seminar, you will learn:

The highlights of the COSO 2013 Framework
EY perspective and examples of new COSO framework adoption
Raytheon’s adoption process and impact on the auditing process

Due to security protocol, pre-registration is required for this event. Registration will close Tuesday, February 25, 2014 at 5:00pm. After this time, substitutions will not be accepted. All participants will be required to bring photo ID to the event; foreign attendees will need to bring passports.

Member Price: Free; Nonmember Price: $50

CPE Credit: 4.0

Event Contacts: Jeff Sardelli or Michael McShea

Contacts E-mail: Jeff.Sardelli@hovo.com or mmcshea@wolfandco.com

Speaker Bios:

Thomas Sanglier: Tom is a Director of Internal Audit for Raytheon Company. He has over 20 years of combined experience in serving multinational public and private companies in the areas of financial and operational auditing, risk assessment, anti-fraud/corruption, internal control, and project management. He joined Raytheon in December 2010 from EY, where he was a Partner in their Advisory Services practice.

Tom is a CPA and holds a bachelors degree in Business Administration, with an Accounting emphasis from the University of Michigan. Tom is a member of the American Institute of CPAs. He is EVM Level1 qualified.

Raytheon (NYSE: RTN), with 2009 sales of $25 billion, is a technology leader specializing in defense, homeland security and other government markets throughout the world. Headquartered in Waltham, Mass., Raytheon employs 75,000 people worldwide.

Amanda Goldschmidt: Amanda is a Senior Manager in the Advisory Services Practice at EY. She has over ten years of accounting and auditing experience, and in providing enterprise risk management; internal audit establishment, outsourcing/co-sourcing and transformation; regulatory compliance and control optimization; and licensing and third-party manufacturing contract compliance services to clients. Amanda has worked with various multinational clients in execution of their internal audit and Sarbanes-Oxley compliance activities. She has presented to clients regarding the impact of the new COSO framework. Amanda is a Certified Fraud Examiner (CFE) and on the Board of the IIA Westchester-Fairfield chapter.

Heather Alman: Heather is a Manager in the Advisory Services Practice at EY. She has over five years of experience with internal audit and Sarbanes-Oxley compliance, focusing on regulated industries such as Aerospace & Defense and Utilities. She has worked with several multinational companies to develop and manage their internal audit plans, including risk assessment, project execution and reporting. She has also helped with internal control assessment process updates to reflect the changes to COSO. Heather is a CPA and is on the Board of the IIA Greater Boston chapter.