PUBLIC SECTOR INTERNAL AUDIT CONFERENCE 2014

Taking the Lead in Effective Governance

8 - 9 April 2014 I Marina Mandarin Singapore

Supported By:

Sponsored By:

Jointly Organised By:

UNLOCK YOUR DOOR TO OPPORTUNITY WITH THE RIGHT KEY - IIA GLOBAL CERTIFICATIONS

The biggest value of my membership with IIA Singapore has been the opportunity to earn and maintain the prestigious Certified Internal Auditor (CIA) designation. The CIA has helped to differentiate me - and my firm - in the global marketplace. IIA Membership also gives me a venue to build relationships with industry peers and collectively advocate for the advancement of the profession.

Willy Leow, CIA, CRMA Partner, Risk Advisory Services, BDO LLPIIA Singapore Member since 2006, PSIA Speaker

CCSA® CFSA® CGAP® CRMA®

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MR. KWEK MEAN LUCKDEAN & CEO, CSC SINGAPORE

The Public Service has always placed great importance on safeguarding and making good use of public funds. This is very much part of our values, ethos and commitment to integrity, transparency and accountability.

Internal auditors play a vital role in strengthening corporate governance, internal controls, risk management and value-for-money initiatives in the public sector. Civil Service College Singapore is pleased to partner with the Institute of Internal Auditors Singapore on the Public Sector Internal Audit Conference 2014 to bring together local and international thought leaders and practitioners to share and exchange best practices on internal controls, auditing, risk management and governance. Through continual efforts, we strive to raise the level of professionalism across the internal audit units within the public sector.

MESSAGE FROM THE ORGANISERS

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Ms. Lim Soo Hoon is the Permanent Secretary (Finance)(Performance) at the Ministry of Finance. She is also the Chairman of the Accounting & Corporate Regulatory Authority (ACRA). In her capacity as Permanent Secretary (Finance)(Performance), she oversees the Ministry’s central role in creating a high performance government through efficient and effective use of resources. Ms Lim has a Bachelor of Economics (Honours) degree from the University of Adelaide and a Masters in Public Administration from Harvard University. She has served in various portfolios in the Singapore Civil Service including the Ministry of Trade and Industry, the former Ministries of Communications, and Labour, and the Registry of Vehicles. She was appointed Permanent Secretary, Ministry of Community Development in 1999 and became Permanent Secretary (Public Service Division) in 2005 before joining the Ministry of Finance in 2012. Ms Lim was awarded the Public Administration Medal (Gold) in 2004.

MS. LIM SOO HOONPERMANENT SECRETARY

(FINANCE) (PERFORMANCE), MINISTRY OF FINANCE

GUEST OF HONOUR

MR. ERIC LIMPRESIDENT, IIA SINGAPORE

Effective public sector governance is the cornerstone of a country’s economic progress. The efficient management of resources, be it financial or non-financial, is crucial for growth. Internal auditors, finance, and Governance, Risk and Control (GRC) professionals play key roles in strengthening internal control processes in the public sector.

Demand for a higher level of responsibility and accountability is driving the need for these professionals to better equip themselves with best practices from across the globe. To address this, IIA Singapore launched the first Public Sector Internal Audit (PSIA) Conference in April 2013. This year, IIA Singapore is pleased to partner with Civil Service College Singapore on the PSIA 2014 Conference, themed “Taking the Lead in Effective Governance”. This year’s conference will continue to feature distinguished public and private sector thought leaders and practitioners who will share their insights into governance, risk management, auditing and internal controls, establishing it as one of the must-attend public sector events in the region.

DAY 1

8 APRIL, TUESDAY 8 CPE Hours

CONFERENCE

PROGRAMME

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08.00 - 09.00 Registration/Welcome Coffee & Tea

09.00 - 09.10 Welcome Address Mr. Eric Lim, President, IIA Singapore

09.10 - 09.20 Welcome Address Mr. Patrick Lau, Director, Institute of Public Administration & Management, CSC Singapore

09.20 - 09.35 Opening Address by Guest of Honour Ms. Lim Soo Hoon, Permanent Secretary (Finance) (Performance), Ministry of Finance

15.20 - 16.10 Plenary 6 - Providing Independent Assurance in Project Governance and Risk Management Mr. Christo Van Rensburg, Experienced Risk Professional

16.10 - 17.00 Plenary 7 - Internal Control: A Question of Balance Mr. Andrew Greaves, Auditor-General of Queensland

14.15 - 15.00 [Breakout 5B] Linking the Risk Assessment with the Internal Audit Plan - A South African Perspective Mr. Deon van der Westhuizen, Director, Watermark Assurance Services, South Africa

13.30 - 14.15 [Breakout 4A] Implementing COSO 2013: Implications for Public Sector Organisations Mr. James Roth, President, AuditTrends LLC

14.15 - 15.00 [Breakout 5A] The ‘3 Wise Men’: Are they the Answers to Public Sector Organisations’ Information Needs? Mr. Chart Chai Chayavirabood, Head of Business Intelligence, IT Consulting, Protiviti South East Asia

13.30 - 14.15 [Breakout 4B] Strategies for Auditing Outsourced Operations - Protecting Your Organisation’s Interests Mr. Willy Leow, Partner, Risk Advisory Services, BDO LLP

09.35 - 10.25 Plenary 1 - Auditing Performance to Improve Service Delivery Mr. Andrew Greaves, Auditor-General of Queensland

10.25 - 10.50 Morning Tea

10.50 - 11.40 Plenary 2 - Data Analytics in the Detection of Fraud Ms. H. Tina Kim, Deputy Comptroller for State Accountability at Office of the New York State Comptroller

11.40 - 12.30 Plenary 3 - A Practical Approach to Implementing ERM in the Public Sector: The CPF Board Experience Ms. Eileen Tay, Senior Deputy Director (Risk Managment), Central Provident Fund Board

12.30 - 13.30 Lunch

15.00 - 15.20 Afternoon Tea

DAY 2

9 APRIL, WEDNESDAY

CONFERENCE

PROGRAMME

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16.15- 17.00 Panel Discussion - Effective Governance in the Public Sector

Panel Synopsis: Demand for a higher level of responsibility and accountability has shone the spotlight on the public sector as stakeholders expect more, not just for the services provided but also how they are being provided. Recent cases of exceptions and lapses in internal control have clearly signalled a need for greater focus on more effective governance, especially in the public sector.

This discussion will give insights into what constitutes an ‘effective governance’ structure. Panellists from the various sectors will share their work and personal experience of governance and how it may apply to the public sector. Exceptions and lapses almost invariably happen in any organisation, as no system of internal control guarantees a foolproof and risk-free environment. The panel will focus on three key attributes of an internal control framework: PEOPLE, PROCESS and SYSTEMS. A balance must be struck between both ‘hard’ and ‘soft’ controls, and the challenge lies in finding the equilibrium. The PEOPLE aspect, or the ‘soft’ controls in particular, are crucial as effective governance is a true reflection of culture, ethics and more importantly, the tone from the top.

08.00 - 09.00 Registration/Welcome Coffee & Tea

09.00 - 09.50 Plenary 8 - Emerging Trends in Public Sector Fraud Dr. Adam Tomison, Director (Chief Executive), Australian Institute of Criminology

09.50 - 10.40 Plenary 9 - Seven Auditing Tools to Enhance Efficiency in the Public Sector Mr. Deon van der Westhuizen, Director, Watermark Assurance Services, South Africa

10.40 - 11.10 Morning Tea

11.10 - 12.00 Plenary 10 - Data Analytics in Action – A Case Study in Fighting Fraud Mr. Shagen Ganason, Chief Assurance Officer, Department of Conservation, New Zealand

12.00 - 13.25 Lunch

13.25 - 14.15 Plenary 11 - Value For Money – Managing Risks, Linking with Assurance – A Local Perspective Mr. Irving Low, Partner and Head of Risk Consulting, KPMG

14.15- 15.05 Plenary 12 - Emerging Risks for the Region - What Should Be on Your Risk Radar Mr. Uantchern Loh, Chief Executive, Singapore Accountancy Commission

15.05 - 15.25 Afternoon Tea

15.25- 16.15 Plenary 13 - Enterprise Risk Management: An Insight to JTC’s Journey Mr. Ho Tuck Chuen, Group Chief Financial Officer, Jurong Town Corporation

8 CPE Hours

Moderator:

Mr. Irving LowPartner and Head of Risk Consulting, KPMG

Panellists:

Mr. Don YeoDeputy CEO, Chief Financial Officer, Chief Information Officer, Central Provident Fund Board

Mr. Ho Tuck Chuen Group Chief Financial Officer, Jurong Town Corporation

Mr. James WongDeputy Secretary (Policy), Public Service Division, Prime Minister’s Office

Mr. Uantchern Loh, Chief Executive, Singapore Accountancy Commission

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SPEAKERS

MS. H. TINA KIMCPA, CIA, CFE, CISA, CITP, CGAP, CFF, CGMA, CRMADeputy Comptroller for State Accountability at Office of the New York State Comptroller

Plenary 1 - Auditing Performance To Improve Service Delivery An audit of service delivery involves the appraisal of actual performance against management intent. Key performance indicators provide the foundation for calibrating expectations and measuring success.It is in management’s interest to develop a suite of meaningful indicators that facilitates both strong oversight by their governing body, and service improvement.Internal and external auditors have a role to play given their expertise in operational and financial performance audits. This session canvasses the attributes of good performance indicators and discusses their practical application in audits.

Plenary 7 - Internal Control: A Question of BalanceThe COSO Internal Control: Integrated Framework is widely recognised as providing better practice insights into how to establish effective internal controls in an entity.But, there is a balance to be struck: control “costs” and this cost must be calibrated against the benefits that it produces. Recognising that no system of internal control is perfect nor does it provide any absolute guarantees about the absence of error or fraud, how does the governing body, management and the auditor establish that they have the balance “just right”?This session discusses how risk and control must be considered together; starting with a clear expression of management’s “risk appetite”. It also covers the role of internal audit–firstly, as an integral part of the system of internal controls, and secondly as a ‘catalyst for change’.

Andrew Greaves was appointed as the 22nd Auditor-General of Queensland in December 2011. This appointment is the culmination of a 30 year career predominantly in public sector external audit, which began with the Australian National Audit Office in Canberra. Before taking up his present role, Andrew was an Assistant Auditor-General with the Victorian Auditor-General’s Office; and immediately prior to that he worked as a management consultant in the early 2000’s. His areas of expertise cover both financial and performance auditing, as well as risk management and internal control. Andrew studied Economics and Accounting at the Australian National University. He is a Fellow both of the Institute of Chartered Accountants Australia and of CPA Australia.

MR. ANDREW GREAVESBEc FCA FCPAAuditor-General of Queensland

Breakout 4A - Implementing COSO 2013: Implications for Public Sector Organisations The COSO group revised its seminal “Internal Control – Integrated Framework” for the first time in 20 years. In this information-packed session you will hear from one of the world’s leading experts on COSO: • What’s new and what’s the same• What’s required to say internal control is effective under the new principles-based framework• What the changes might mean for public sector organizations in Singapore

Jim has three decades of progressive internal audit and teaching experience. His publications include nine AuditTrends seminars, nine books and seven other major works for the IIA International. He wrote all of the IIA’s early research studies and training programs on COSO. His publications directly related to COSO are:• Evaluating Internal Control: A COSO-Based Approach• A COSO Implementation Guide • Control Model Implementation: Best Practices • Best Practices: Evaluating the Corporate CultureJim was also one of three primary authors of the IIA’s comment letter on the first exposure draft of COSO 2013.In 2008 the IIA gave Jim the Bradford Cadmus Memorial Award, which was “established to honor individuals making the greatest contribution to the advancement of the internal audit profession.”

MR. JAMES ROTHPhD, CIA, CCSA, CRMAPresident, AuditTrends LLC

MS. EILEEN TAYSenior Deputy Director (Risk Management), Central Provident Fund Board

Plenary 3 - A Practical Approach to implementing ERM in the Public Sector: The CPF Board ExperienceCPF Board embarked on its risk management journey ten years ago in 2003. This presentation takes a closer look at CPF Board’s approach to ERM, mapping out the current risk governance structure and the process of implementing it within the organisation. It will also share with delegates the five key lessons learnt in the course of this journey.

Eileen Tay is Head of the Risk Management Department of the Central Provident Fund Board (CPF Board) in Singapore from November 2013. She oversees the Risk Management Department which provides risk advisory, business continuity management and data analytics services. Prior to her current role, she was the Head of Internal Audit Division of the CPF Board from 2009 to 2013 which provides internal audit and consulting services, conducts risk management reviews and manages independent auditors and CPF Board’s whistleblowing programme. Before her risk management and internal audit roles, she had over 20 years of experience in the investment management industry and was previously the Head of Fund Management Department of CPF Board.

Plenary 2 - Data Analytics in the Detection of FraudMore and more government auditors are incorporating computer-based deductive-detection approaches in their audit work to identify improper payments. In this session participants will learn how data analytics and the deductive detection process can be used to find fraud. Through the use of case studies the session will illustrate the application of these techniques in practice.

Tina Kim is the Office of the New York State Comptroller’s Deputy Comptroller for Accountability. She previously served as the New York City Comptroller’s Deputy Comptroller for Audit, as well as the leader of the New York State Economic Recovery and Reinvestment Cabinet’s Internal Control and Fraud Prevention Working Group. Ms. Kim is a member of the American Institute of Certified Public Accountants’ (AICPA) Government Organization Audit Committee Taskforce, the Institute of Internal Auditor’s Public Sector Committee and Exposure Draft Working Group, and a former member and current chair of the AICPA’s Government Performance and Accountability Committee. She is the co-author of the 2nd Edition of the Audit Committee Toolkit: Government Organizations, as well as numerous articles and other publications on auditing and fraud related topics. Previously, Ms. Kim served as the New York State Department of Transportation’s Director of the Audit and Civil Rights Division and as the Deputy Inspector General for Audit with the Office of the State Inspector General. Ms. Kim has a Masters degree in Accounting and Information Technology and a bachelor’s degree in Economics.

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SPEAKERS (Continued)

MR. CHART CHAI CHAYAVIRABOODHead of Business Intelligence, Information Technology Consulting, Protiviti South East Asia

Plenary 6 - Providing Independent Assurance in Project Governance and Risk ManagementProvides overview of independent project assurance, the relevance and benefit thereof and skills required.• Project risk management – application thereof, accountability for project risk management and the reporting and project risks• Project manager’s responsibility • Project steering committee’s responsibility

Christo possesses extensive experience in enterprise risk management, corporate governance, internal auditing and insurance, gained whilst working within the mining industry, services to the mining industry, utilities industry and multinational organisations in both Perth and South Africa. His key strengths include the ability to design and implement risk management frameworks and strategies, to educate business in risk management to ensure that risk is considered in decision making as well as factored into business planning, business strategy and projects. He has significant experience in undertaking project reviews having gained experience as part of major capital projects as well as conducting high level and in-depth, independent project reviews.

MR. CHRISTO VAN RENSBURGExperienced Risk Professional

Breakout 4B - Strategies for Auditing Outsourced Operations - Protecting Your Organisation’s InterestsOrganisations have outsourced non-core operating functions to focus on key business drivers to streamline their operations. This session explores how internal auditors can better review outsourced functions starting from the organisation aspects to the performance of service contracts and also review limitations of such audits as well as make reference to past experience in reviewing such operations.

Willy is currently a Partner in BDO LLP heading the Risk Advisory Services practice which manages assignments relating to Corporate Governance such as internal audits and Enterprise Risk Management. Willy has assisted in internal audit reviews for several government ministries and Statutory Boards including reviewing procurement processes and other management activities. Willy also leads several outsourced internal audits of SGX and Catalist listed companies as well as other organisations such as Charities and Associations.Willy graduated with a Bachelor of Accountancy degree from NTU as well as a Master of Business Administration (Management of IT) from NTU.

MR. WILLY LEOWCA (Singapore), CIA, CISA, CRMA, MBAPartner, Risk Advisory Services, BDO LLP

Plenary 8 - Emerging Trends in Public Sector Fraud The Australian Institute of Criminology (AIC) is Australia’s national research and knowledge centre on crime and justice. Dr. Tomison will describe the nature of public sector fraud and emerging fraud trends in both Australia and around the region. He will also present the latest published findings of the AIC’s annual survey of fraud experienced by Australian Government agencies. The changing nature of the fraud risk environment is examined for its challenges and opportunities, and examples will be provided on how to make effective use of fraud principles respond to public sector fraud.

Adam Tomison was appointed Director and Chief Executive of the Australian Institute of Criminology (AIC) in July 2009. He is internationally recognised as an expert in the field of child abuse, the prevention of child abuse and other family violence and the development and operation of child protection and family support systems. He has worked over the past three decades with a range of government, non-government organisations and advocacy groups and prior to his appointment with the AIC he was Head of the Child Protection Program at the Menzies School of Health Research. From 2004–2008 he held various senior executive positions within the Northern Territory Department of Health and Families, including the position of Director of Family and Children’s Services. Dr Tomison is currently appointed as an Honorary Professor at the Australian Catholic University and sits on a number of Boards, including the International Centre for the Prevention of Crime, and the International Society for the Prevention of Child Abuse and Neglect. In 2011 he was awarded an inaugural Deakin University Alumni of the Year Award for outstanding service and achievement in his profession and for the community.

DR. ADAM TOMISONBSc (Hons) (Deakin), PhD (Monash)Director (Chief Executive), Australian Institute of Criminology

Breakout 5A - The ‘3 Wise Men’: Are they the Answers to Public Sector Organisations’ Information Needs?The ‘3 Wise Men’: Big Data, Social Analytics and the Data Scientist - how can these 3 Wise Men add value to public sector organisations in the areas of Fraud Management, Information Management and Data Analysis. With real-life public sector case studies, learn what public sector organisations should do to reap the benefits of the 3 Wise Men.

Chart Chai Chayavirabood is currently the Head of Business Intelligence, Information Technology Consulting of Protiviti South East Asia. With over 18 years of experience, Chart Chai has a solid track record in providing clients with BI solutions that address complex business needs and influence critical business decisions. His areas of specialisation include financial services, healthcare and life sciences, and consumer products and services. He has also worked in consulting firms such as Andersen Consulting, Arthur Andersen, PwC/IBM, Avanade) where he helped blue-chip clients and government organisations implement BI solutions and data warehouses across Southeast Asia, Greater China region and the United States. In the past ten years, he has held leadership positions where he was responsible for practice development, revenue growth, client satisfaction and successful delivery of BI projects. Chart Chai has spent his entire working career specialising in project management, design and development of Business Intelligence (BI) systems such as EIS, OLAP and Data Mining and implementing large client server systems. He has extensive experience working with industry leading Data Warehousing / Business Intelligence tools and is well-versed in applications like SAP Business Objects, Oracle, IBM DataStage and Cognos, Qlikview and ZAP technologies.

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Panellist - Effective Governance in the Public Sector

Don Yeo is the Deputy CEO and Chief Financial Officer of the Central Provident Fund Board where he has served since 2005. In this capacity, he oversees all corporate functions in the organisation, including corporate strategy, finance, investment, risk management, HR and communications. He also serves concurrently as the Board’s Chief Information Officer overseeing IT services. Don is an International Advisory Board Member of the World Pension Summit. He also serves as a Board Member of the Singapore Examinations and Assessment Board.Don graduated from Cambridge University, UK with a Masters and Bachelor of Arts in Mathematics.

MR. DON YEOMA, BA, MathematicsDeputy CEO, Chief Financial Officer, Chief Information Officer, Central Provident Fund

Panellist - Effective Governance in the Public Sector

James Wong has held the positions of the Deputy Secretary (Policy) of the Public Service Division, Prime Minister’s Office and Secretary, Public Service Commission from 5 October 2009. James graduated from University of Cambridge, with a Bachelor of Arts in Natural Sciences (Chemistry) in 1993. In 2006, he obtained an MSc in Management (The Stanford Sloan Program) from Stanford University. James joined the Singapore Public Service in 1995 and has held appointments in various public sector organisations. These include Senior Director (Planning and People) at the Ministry of Health; Director (Land Transport) at the Ministry of Transport; Deputy Director (Salaries and Administrative Service) at the Public Service Division, Prime Minister’s Office; and Assistant Director (Labour Relations) at the then Ministry of Labour. James is also a board member of the Maritime & Port Authority of Singapore.

MR. JAMES WONGMaster of Arts, University Of Cambridge, UK and Master Of Science In Management, Stanford University, USADeputy Secretary (Policy), Public Service Division, Prime Minister’s Office

SPEAKERS (Continued)

Plenary 10 - Data Analytics in Action – A Case Study in Fighting FraudFraud is a multi million dollar business and it is increasing every year. The public sector is not immune to fraud. With the scale and volume of data available today, it is easy for a fraudster to hide in the background unnoticed. Traditional approaches either take too long or are not effective – often like winning the lottery as the odds are against you. This session will use real life case studies to demonstrate how data analytics can be used to uncover fraud.In this session, participants will:• Understand why data analytics is a useful tool in fighting fraud• Discover how to use tools and resources available on the internet to find and narrow your search• Hear why internal control systems are never good enough• Learn to how to identify red flags• Hear about the implications for internal audit and how it can be integrated into a typical fraud investigation.

Shagen Ganason has over 25 years of experience in the field of accounting, audit and risk management. His experience has been global, taking him across many cultures and a variety of industries including manufacturing, airline, agriculture, financial services and government in over 20 countries across three continents. He is currently with the Department of Conservation, a New Zealand Central Government Agency, as its Chief Assurance Officer, overseeing internal audit and risk management - a position he has held since 2007. Prior to arriving in New Zealand, he was CFO and Finance Director for a British Government investment arm based in Indonesia.Shagen has presented to local IIA chapters as well as international IIA events, with a focus on internal audit, risk management and governance.

MR. SHAGEN GANASONChief Assurance Officer, Department of Conservation, New Zealand

Breakout 5B - Linking the Risk Assessment with the Internal Audit Plan – A South African PerspectiveWith close to three decades of experience in public and private sector auditing in South Africa, Deon shares in this session, a spectrum of risks faced by public sector internal auditors in South Africa. His presentation will give examples of what the IA profession is facing, which include governance, risk management, financial, operational, HR, IT and internal audit risks. He also proposes a solution in the form of the ISO 31000 framework to address these risks. The top ten risks on every South African public sector internal auditor’s audit plan will be presented. He will also examine one unique risk that the Singapore public sector is facing - the risk of adverse public opinion and containment in this multimedia age - and how this risk can be effectively tackled.

Plenary 9 - Seven Auditing Tools to Enhance Efficiency in the Public SectorEfficiency includes the element of the use of economic resources, and many of the elements of productivity. This presentation follows the route of setting the efficiency parameters in the planning phases (strategic and operational planning), and then to set standards for efficiency and monitor the achievement of those standards in the performance management processes. The development of a dashboard to measure efficiency will also be covered.The seven tools will include standard costing as a standard setting tool (quantity, price and efficiency standards), detailed cost analysis to cover economic use of resources – specifically focusing on the labour/employee element and some of the productivity tools like network analysis, PERT, Critical path analysis.These tools are frequently used by leading organisations known for their efficiency and with some modification can be well used in the public sector.

Deon van der Westhuizen has completed his articles at Deloitte, Haskins and Sells in 1986. He spent a period of time at the SA Reserve Bank as part of the Bank Supervision Department during the development of the Deposit-taking Institutions Act. During the time he was involved in the Masterbond, Cape Investment Bank and Pretoria Bank liquidation processes. He has been instrumental in Internal Auditing as a Profession in South Africa through involvement in Continuous Processional Development and the learnership program in South Africa. Deon has contributed articles to the Internal Audit Update publication and is recognised by organisations throughout South Africa and Namibia as a specialist in the field of governance, risk and control.He has extensive experience in Governance, Risk Assessment and Management, Internal Auditing, Supply Chain Management, Performance Auditing. He has been the Head of Internal Auditing or technical Advisor for various clients. He acted as technical advisor on a consortium contract which included EY and LMD Africa.He has been involved in the field of auditing since 1984, and started his own business Watermark Assurance Services in 1997.

MR. DEON VAN DER WESTHUIZENCA (SA), CIADirector, Watermark Assurance Services, South Africa

PANELLISTS

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SPEAKERS AND PANELLISTS

Plenary 13 - Enterprise Risk Management: An Insight to JTC’s journeyA perfectly risk free environment does not exist. Every business operates under elements of uncertainty, regardless of your industry or sector. And this is where Enterprise Risk Management can help in a pragmatic manner to achieve organisation success. The intended sharing will highlight how JTC leverage on ERM, overcome the challenges in the implementation process to achieve our corporate objectives. ERM is a journey and we are here to share the lessons learnt.

Panellist - Effective Governance in the Public Sector

Ho Tuck Chuen is the Group Chief Financial Officer of Jurong Town Corporation and is a Director on the Board of Singapore Leisure Industry and the Tax Academy Board.Tuck Chuen graduated with a Bachelor of Accountancy degree with 2nd Class Honours from the University of Singapore. Tuck Chuen is a Fellow of the Institute of Singapore Chartered Accountants (ISCA) and Association of Certified Accountants (UK) and is also a member of the Institute of Chartered Accountants (Australia) He is a Council Member and also Treasurer of ISCA and he also sits in the CFO and EXCO Committees of ISCA. He has been appointed in the CPA’s (S’pore) Editorial & Advisory Panel and has also been appointed as a member of the Singapore CFO Institute Advisory Council. Tuck Chuen is a member of the Advisory Committee on Accounting Standards for Statutory Board and is also a Member of the Working Group of the Accounting Standards Council Working Group on Leases. He is a member of the Temasek Polytechnic’s School of Business Advisory Committee.Prior to joining JTC, Tuck Chuen had more than 30 years of varied working experience in the finance, accounting, auditing fields, spanning various industries which include real estate, internet and electronics services, pharmaceutical, specialty chemicals and gas. Some of the companies to name are PwC, Sony, Apple, Pacific Internet, Haw Par Healthcare Ltd and Reda Pump Pte Ltd.

MR. HO TUCK CHUENGroup Chief Financial Officer, Jurong Town Corporation

Plenary 12 - Emerging Risks for the Region - What Should Be on Your Risk RadarBeing an overview of the emerging business in the South East Asia region, some key issues that may be on your radar to be discussed include:• Geopolitics – Why organisations need to take notice of regional politics• Economic sustainability – What are the potential impacts of regional fiscal imbalance• Environmental risk – Do organisations have enough resilience against mother nature• Digital wildfires – Do we really understand the consequence of the hyper-connected world

Panellist - Effective Governance in the Public Sector

The Singapore Accountancy Commission serves to develop and nurture the accountancy sector, in transforming Singapore into a leading global accountancy hub for the Asia Pacific region. As the Chief Executive, Uantchern leads the SAC in collaborating with local and international communities to promote accountancy talent development, professional qualifications, research and thought leadership.

Always having a passion for teaching, Uantchern is an Adjunct Associate Professor with the NUS Business School where he teaches enterprise risk management and social media sentiments. As an advocate of continuing education, Uantchern serves as a member on the Institute of Technical Education’s Business Services Academic Advisory Committee. Uantchern volunteers as the Immediate Past President of the Institute of Internal Auditors (IIA) Singapore. He also volunteers on the management committee of the Securities Investors Association (Singapore) as their Honorary Secretary.

MR. UANTCHERN LOHChief Executive, Singapore Accountancy Commission

Plenary 11 - Value For Money – Managing Risks, Linking with Assurance – A Local PerspectiveThe concept of Value for Money is critical, in particular, from the perspective of the public sector. The higher level of responsibility and accountability in the public sector has put the spotlight in this sector as stakeholders expect more not just for the public service they provide, but how they are being provided. The 2012/2013 Auditor-General Office’s report presented to Parliament highlighted several areas, which required further improvements and work in various government ministries, statutory boards and agencies in its systems and processes. Many relate to the procurement process, in particular, not just with respect to value it creates but also the savings it achieves. This so called “Value For Money” (VFM), is gaining momentum and attention from all quarters, with the key focus on the ability to spend economically, effectively and efficiently. Most commonly known as the 3M’s in VFM, public sector entities need to revisit their strategies and approach to ensure that these elements are incorporated into their decision making process when procuring or spending. In this session, we hope to share how organisations, in the public sector, can deal better with the 3Ms in VFM in a practical manner which is relevant and understood vis-a-vis the risk factors. Selecting the lowest quote when procuring services or goods may not necessarily address the risks faced by the organisation. The conventional method may no longer be good enough to ensure performance and conformance.

Moderator - Effective Governance in the Public Sector

Irving is Partner with KPMG Advisory LLP in Singapore. He currently heads the Risk Consulting practice. He has been with KPMG for over 21 years, having worked in both the London and Singapore offices. His focus is varied across many industries, such as property development and construction, manufacturing, insurance, engineering and financial services. Irving works with numerous large multinationals as the lead regional lead partner, for the out-sourced IA role and function. He also leads many local engagement partners in both the private and public sectors. Irving is KPMG’s ASPAC leader for Board Advisory Services practice. He is currently leading a regional ASPAC team working together with the global Governance, Risk and Compliance team, looking at global changes in board and corporate governance practices. He has undertaken numerous corporate governance reviews for both public and private organisations, in light of the renewed focus in this area. He is a frequent invited guest and speaker at public forums on corporate governance.Irving is also an adjunct associate professor with NTU Business School and a past council member of CPA Australia, Singapore Division. He also sits on the International Board Committee, which oversees the international expansion strategy of CPA Australia globally.

MR. IRVING LOWPartner and Head of Risk Consulting, KPMG

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Eric Lim, CRMA IIA Singapore President

Derrick LimIIA Singapore ConferenceCo-Chair

Tan Boon Yen, CIA, CRMA IIA Singapore ConferenceCo-Chair

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ANNUAL CONFERENCE & LEADERSHIP FORUMAt The Forefront Of GRC

27-29 August 20149am-5pm | Marina Mandarin Singapore

Early Bird by 25 Jul From $1099 incl. GST

Held since 1981, the Annual Conference and Leadership Forum has evolved into the premier

learning and networking event of the year attended by close to 300 internal audit, finance and risk

professionals in Singapore and the region.

Hosted by IIA Singapore, “At the Forefront of GRC” is the theme of this year’s conference. The

event showcases an exciting programme with keynote and track sessions on current issues in

Governance, Risk and Control (GRC). Featuring today’s emerging business issues, data analytics,

fraud, risk, internal audit management, and cyber-security topics, this conference, as always,

brings sought-after thought leaders from Singapore and around the globe to share experience

and expertise.

With the rapid evolution of new technologies, the profession must stay ahead in order to bring

value-add to its stakeholders. We encourage you and your team to attend, network with peers, and

gain insight into tools you should acquire to stay at the forefront of best practices in GRC today.

We will be “At the Forefront of GRC” this August, and we look forward to seeing you there.

Programme Highlights*

Global Economic Outlook - The Road Ahead

Learning From Fraud

Enterprise Risk Management: From Good to Great

Auditing Anti-Money Laundering (AML) Programmes

Emerging Competencies -Internal Audit Skills for a New Era*Programme is subject to change

THE MUST-ATTEND� EVENT FOR INTERNAL AUD�IT, FINANCE AND� RISK PROFESSIONALS IN THE REGION

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ABOUT THE SPONSORS

As the world’s leading audit management solution, TeamMate has revolutionized the industry, empowering audit departments of all sizes with more than 90,000 auditors from more than 2,200 organizations across the globe.

TeamMate’s award-winning Audit Management System (AM) increases the efficiency and productivity across the internal audit process, including: risk assessment, scheduling, planning, execution, review, report generation, trend analysis, audit committee reporting and storage. TeamMate AM eliminates the barriers associated with paper-filled binders and disconnected electronic files, driving efficiencies into all facets of internal audit workflow.

TeamMate Controls Management System (CM) is a revolutionary application focused on the management and testing of compliance and other internal controls. TeamMate CM provides built-in workflows around the assessment, process owner review, testing, action plan documentation, retesting, and certification processes. It provides organizations the ability to view and interact with controls through a truly unique user-defined structure based on Dimensions and Perspectives of data.

Integration of TeamMate AM and CM promotes the leveraging and sharing of data and workflows across the Internal Audit and Compliance disciplines, allowing members of both groups to be true “TeamMates.”

Learn more at www.teammatesolutions.com

ACL delivers technology solutions that are transforming audit and risk management. Through a combination of software and expert content, ACL enables powerful internal controls that identify and mitigate risk, protect profits, and accelerate performance.

Driven by a desire to expand the horizons of audit and risk management so they can deliver greater strategic business value, we develop and advocate technology that strengthens results, simplifies adoption, and improves usability. ACL’s integrated family of products - including our cloud-based governance, risk and compliance (GRC) solution and flagship data analytics products - combine all vital components of audit and risk, and are used seamlessly at all levels of the organization, from the C-suite to front line audit and risk professionals and the business managers they interface with. Enhanced reporting and dashboards provide transparency and business context that allows organizations to focus on what matters.

And, thanks to 25 years of experience and our consultative approach, we ensure fast, effective implementation, so customers realize concrete business results fast at low risk. Our actively engaged community of more than 14,000 customers around the globe - including 89% of the Fortune 500 - tells our story best.

Visit us online at www.acl.com

The Institute of Internal Auditors (IIA) Singapore is a professional organisation dedicated to the advancement and development of the internal audit profession. Established in 1976, members of IIA Singapore belong to a global community of more than 180,000 professionals in over 190 countries who share a common vision to advance their professional growth in internal auditing and add value in their organisations.

Our 2,200 members work in internal auditing, accounting, risk management, governance, compliance, internal control, information technology audit, education, and security.

The mission of the Civil Service College Singapore (CSC) is to develop people for a first-class Public Service. CSC was inaugurated as a statutory board under the Public Service Division, Prime Minister’s Office, in October 2001. As the public sector’s core institution for training, learning, research and staff development, CSC provides officers from across the Public Service with opportunities to learn and share knowledge; network, dialogue and exchange views; and develop a service-wide ethos and shared perspectives. CSC’s wide range of activities builds strategic capacity in governance, leadership, public administration and management for a networked government in Singapore.

ABOUT THE ORGANISERS

Register Your Interest: conference@iia.org.sg +65-6222 7359

Taking the Lead in Effective GovernancePUBLIC SECTOR INTERNAL AUDIT CONFERENCE 2014