16-17 June 2016

Invitation to CAEs and internal auditors from

Estonia, Finland, Denmark, Iceland, Latvia,

Lithuania, Norway and Sweden,

Baltic and Scandinavian

Internal Auditors Roundtable

The Idea of the Roundtable

The main aim of the roundtable discussions is that Baltic and Scandinavian internal auditors share their experiences and best practices used in their internal audit units. To enable more networking among internalauditors in Baltic Sea Region.

Working language: English

Previous Roundtables:

April 2015 in Vihula, Estonia

April 2016 in Pärnu, Estonia

Baltic and Scandinavian Internal Auditors Roundtable

• The participants are from Baltic

and Scandinavian countries

from the internal audit units of

financial institutions, energycompanies, retail sector, other private companies, ministries, state agencies, Big4 audit companies.

Participant’s feedback

"A great opportunity for knowledge sharing, networking and brainstorming

with top proffessionals. You can give and you can gain in this event. It is

good chance to benchmark with your industry peers and get understanding

what neighbors do. Relaxed, informal atmosphere and some fun“

Erik Štarkov, CAE at Eesti Energia

“In our opinion most beneficial was possibility to share experience with

internal auditors from different companies and countries not only in the

formal but also in the informal environment. We liked the place of the event,

organization of the first evening events (tour and dinner) and formal

discussions.”

Eva Kuzmickiene, internal auditor at JSC INVL Asset Management,

Lithuania

Participant’s feedback

„It's great to realize that you're not alone - there are several others struggling

with the same problems and looking for similar solutions in their work. The work

in small constantly changing groups gave gratifying opportunity to meet internal

auditors from different countries and different companies.”

Ellen Kass, the CAE at Port of Tallinn Ltd, Estonia

“Before the round table my personal expectation was to meet new professionals

with who I could later consult and share experience. This expectation was met

and in addition to that I had a chance to rethink the audit process in our

organization and to look at it from a different angle. I’ve learned about various

possibilities to improve and to work around the obstacles of planning,

recommending. The technical aspects of the event were flawless and available

flexibility was very pleasing. The only minor drawback was the length of the

Roundtable - it could have been longer!”

Agnė Dapkuvienė, Chief Specialist at National Paying Agency, Lithuania

Baltic and Scandinavian Internal Auditors Roundtable

Time: June, 16-17, 2016

(guided tour and welcome

dinner on 15th of June for

early arrivers)

Location: Pärnu,

ESTONIA Resort Hotel &

Spa

http://www.spaestonia.ee

ESTONIA Resort Hotel & Spa 4****

Estonia Spa Hotels opened the 4* hotel ESTONIA Resort Hotel & Spa with a whole new concept in July 2015 in Pärnu.

The new hotel is inspired by Estonian nature, cultural traditions and handicraft.

For the hotel quests there isfree access to 9 different saunas, Estonian sauna rituals and herbal baths, Outdoor terrace with hot tubs, Big pool and resting areas, etc.

Why we chose Pärnu as seminar place

Pärnu is the popular resort town in Estonia with spa traditions since 1838. The town is situated on the country’s west coast and is a perfect location for “off-the-beaten track“ holidays.

White sandy beaches, shallow waters, rich cultural scene and numerous cafés, restaurants and nightclubs attract thousand of tourists to enjoy their summer holidays.

In autumn, winter and spring the town is a popular seminar and spa holidays destination with numerous facilities.

More about Pärnu:

http://www.visitparnu.com/en/

A Pärnus City tour is organised for theparticipants of our Roundtable (included in the price).

Welcome dinner on 15th of June

Dinner at 20.00

At Villa AmmendeAmmende Fine Dining Restaurant is one of the best restaurants in Pärnu. They offer a combination of domestic fresh flavoursand the art of French-Mediterranean cuisine.

The Best Restaurant in Pärnu –voted our guests of Pärnu Restaurants Week 2015;

The Best Service in Pärnu and One of 10 Bests in Estonia – Tripadvisor 2015.

Roundtable dinner, 6th of April 2016, at Villa Ammende www.ammende.ee

Villa Ammende, an architectural pearl of Art Nouveau in Pärnu,is located in a marvelous garden near the beach, surrounded by magnificent parks.

Only 7-minutes walk from the seminar venue.

About the agenda

Agenda,

Thursday, 16th of June

General approach: Forming mixed groups of internal auditors from different countries. At first there are discussions in small groups and then followed by presentation of the main points to all participants.

The main aim of the roundtable discussions is that participants share their experiences, ideas and best practices used in their internal audit unit.

10.00-12.00 First Session of Roundtable Introduction of participants,

Proposed topic for discussion:

PLANNING

Practical aspects: Planning of internal audits. Risk assessment. Major challenges to overcome for auditors?

12.00-13.30

Lunch at the NOOT restaurant (see Picture)

Agenda,

Thursday, 16th of June

13.30-15.00 Second Session of Roundtable Proposed topic for discussion:

AUDIT PROCESS

Parallel discussion: groups sharing experiences and ideas in small groups.

Practical aspects: How internal audits are conducted in our organizations? What methods are used? What were the main topics audited in recent years?

15.00-15.30 Refreshing coffee break

15.30-17.30 Third Session of Roundtable Proposed topic for discussion:

BEST PRACTICES

Practical aspects: What are the latest trends and best practices you follow in your internal audit units (IIA guidelines, global trends, new initiatives)?

Agenda, Friday 17 of June

9.00-13.30 Fourth Session of the Roundtable Internal auditing and co-operation with other assurance levels. Three lines of defence model.

Short warm- up presentation about the topic:

“Risk manager’s view to internal audit function”

Discussion groups about practical experiences in different organizations. Groups: financial institutions, public sector, private sector

10.00-11.00 Discussion topic: professional development of internal auditors. How to stay motivated?

11.00-13.00 Fifth Session of the Roundtable

The participants vote for the last topic they want to discuss: • Auditing risk management and governance processes

• Fraud, corruption and ethics issues

• KPIs of Internal Audit Unit

13.00-13.30 Summary and conclusions

13.30-15.00 Lunch and networking opportunities

Accomodation

Seminar (reg before 20th of May)

Accommodation****(in standard room, sharing twin room)

Extra fee for single room (optional*)

TOTAL(eur)

No accommodation needed 200 - - 200

Seminar with 1 night accommodation (arrival on Thursday, 16.06)

200 +60 (1 night) +25

(1 night)

260 / 275

(twin or single

room)

Arrivals on Wednesday 15.06 (incl 2 nights accommodation 15-17.06)

200 +120 (2 nights) +50

(2 nights)

320 / 370*

(twin or single

room)

Accomodation in ESTONIA RESORT and SPA HOTEL ****

If you would like we can organize your accommodation in the seminar hotel, please register before

20th of May.

20 rooms are booked for our quests with very good price, 60eur/per person/per day (see above).

The accomodation fee will be added to the seminar registration fee.

NB! With accommodation package unlimited access to wonderful SPA and Sauna Center 07-22.

Extra fee for superior rooms (with balcony) is applicable, if standard rooms are fully booked.

Registration

Seminar fee: 200 EUR (299 EUR after 20.05.2015)

The regular price includes:2 days seminar participation

A welcome dinner in the evening of 165h of June

A networking dinner in the evening of 16th of June

Lunches and coffee breaks

Guided walking tour in Pärnu city

Great networking opportunities during 2,5 days

If you would like an IIA Estonia representative to meetand greet you at the Tallinn airport and take you toPärnu seminar place, please indicate on registration form.

We will be happy to help you and organize it for you!

Registration online

Go to: http://goo.gl/forms/To2JcLD4mE

(registration form)

• Registration ends: 1st of June, 2016

• Price 200 eur until 20th of May (after that 299 eur)

Information: info@siseaudit.ee (CEO of IIA Estonia)

koolitus@siseaudit.ee (training coordinator, logistical questions)

Details about the seminar agenda: helen.anijalg@gmail.com

I hope to see you at the Roundtable!

Helen Anijalg, CIA, CCSA, CGAPmember of IIA Estonia since 2002

The organizer and moderator of the event