In this 60-minute webinar, Tim Leech discusses:
- Why traditional approaches to ERM and Internal Audit used in the majority of organizations today do not sufficiently provide what C-Suite and Boards need,
- Why the June 2016 COSO ERM framework is not the guidance the world needs now
- What is the legal standard of board risk oversight in Canada today?
- What should well-intending boards and CEOs be calling for from management and their risk and internal audit groups to meet the new risk governance expectations,
- What specific changes must be made to ERM and internal audit processes to produce what CEOs and boards need
Tim J. Leech FCPA CIA CFE CRMA is Managing Director at Risk Oversight Solutions Inc. based in Oakville, Ontario, Canada and Sarasota, Florida. Risk Oversight Solutions focuses on helping companies more effectively manage risk and assurance to add real value and meet escalating board risk oversight expectations. He has over 30 years of global experience in the board risk oversight, ERM, internal audit, and forensic accounting fields, including expert witness testimony in civil and criminal proceedings and helping public and private sector organizations with ERM and internal audit transformation initiatives. Leech has provided risk and assurance training for tens of thousands of public and private sector board members, senior executives, professional accountants, auditors and risk management specialists in Canada, the U.S., the EU, Australia, South America, Africa and the Middle and Far East. He has received worldwide recognition as a pioneer, thought leader and trainer. His newest breakthrough methodology, “Objective Centric Five Lines of Assurance” has been recognized globally as breakthrough thinking in the assurance field. His article “Reinventing Internal Audit” featured in the April 2015 issue of Internal Audit magazine was awarded a 2016 Outstanding Contributor award by the IIA. His articles on board risk oversight have been published in Conference Board Director Notes, Ethical Boardroom, Harvard and Columbia University law blogs and elsewhere. His most recent article, “Paradigm Paralysis in ERM and Internal Audit”, published in the summer issue of Ethical Boardroom has generated a global response.