Expectations for slower growth, economic uncertainty, technology disruption, cyber threats, and greater regulatory scrutiny place pressure on Audit Committees to improve oversight of risks and implement more effective controls. Audit Committees have to rev up their performance to make an impact by calibrating strategy and risks, strengthening the tone at the top, reinforcing their responsibility on financial reporting, and refining agendas and oversight processes. This conference aims to help audit committee members achieve these goals enroute to cultivating good corporate governance, with the end-game of building and sustaining responsible business. Drawing on the knowledge and experiences of distinguished speakers at the top of their game, this conference covers a broad spectrum of issues and provides practical guidance on dealing with the significant challenges facing audit committee members today.

5 April 2017 (Wednesday),

Connexion Conference & Event Centre @ Nexus, Bangsar South, Kuala Lumpur

AUDIT COMMITTEE CONFERENCE 2017

Making an Impact

JOINTLY ORGANISED BY: SUPPORTED BY:

CONFERENCE OUTLINE

8.00am Registration and Welcome Refreshments

8.50am Welcome Address I Dr Nurmazilah Dato Mahzan, CEO, Malaysian Institute of

Accountants 9.00am Welcome Address II Lucy Wong, President, IIA Malaysia

9.10am Session 1 Audit Committee Challenges and Priorities in the

Digital Age Sizeable and unfamiliar risks are a dime a dozen in this

disruptive digital age. This session aims to sharpen the audit committees focus, benchmark its responsibilities and practices, and strengthen its oversight to enhance risk management and good governance. Learn how to focus on the right risk at the right time and strengthen the BACs alignment with enterprise risk management and other lines of defence.

Moderator: Jason Yuen Chee Mun, Partner, Ernst & Young Advisory

Services Sdn Bhd Panellists: Datuk Yvonne Chia, Independent Non-Executive Director,

All Asia Broadcast Center Alan Hamzah Sendut, Independent Non-Executive

Director, Hong Leong Islamic Bank Berhad Alan Goon, Executive Partner, Gartner Research &

Advisory (Malaysia) Sdn Bhd

10.00am Session 2 Impactful Tone at the Top: Challenging Culture and

Short-termism Audit committees must have the courage to challenge the

endemic culture of short-termism which threatens long-term sustainability and was a key factor behind the Global Financial Crisis of 2008. This session helps audit committees align their organisations short- and long-term priorities with strategic vision to defend independent oversight and enforce robust tone at the top.

Moderator: Ranjit Singh, Executive Director, Axcelasia Inc. Panellists: Dato Che Isa Hj Che Kob, Deputy Auditor General,

National Audit Department Dr Mohamed Ashraf Mohamed Iqbal, Founder,

MindSpring Sdn Bhd

10.45am Networking and Refreshments

11.15am Session 3 (Panel)Companies Act 2016: Understand your Obligations

The Companies Act 2016 is set to transform the business landscape and the responsibilities of the audit committee in enforcing good governance. Importantly, this session will cover three pivotal areas: New management requirements under the new Act; Utilisation of share premium/capital redemption account or

combination with share capital Consideration of effort and disclosure of business review

i.e. business sustainability Moderator: Assoc. Prof. Dr Chan Wai Meng, Department of Business

Strategy and Policy, Faculty of Business and Accountancy, University of Malaya

Panellists: Lee Shih, Partner, Dispute Resolution, SKRINE Brian Wong, Partner, Assurance & Business Risks,

PKF Malaysia Yap Weng Seong, Unit Head, Regulatory Development &

Services Division, Suruhanjaya Syarikat Malaysia Samantha Tai Yit Chan, Chief Executive Officer,

Boardroom Corporate Services (KL) Sdn Bhd, Malaysia

12.30pm Lunch

2.00pm Presentation Session Profile of Internal Audit Function and Audit Committees

in Malaysian Public-listed Companies Speaker: Dr Grace Mui Yanchi, Research and Technical Advisory

Committee, IIA Malaysia

2.15pm Session 4 (Panel) Redefining Internal Audit Performance for Better

Governance The Internal Audit Function (IAF) will play a more significant

role in governance as business models, strategies and legislation evolve in the digital economy where intangibles dominate. This session redefines the evolving expectations and competencies of IAF staff, their enhanced support for director independence and assesses the subsequent impact on corporate governance.

Moderator: Mohd Khaidzir Shahari, Vice President, IIA Malaysia Panellists: Dr Grace Mui Yanchi, Research and Technical Advisory

Committee Member, IIA Malaysia Wee Hock Kee, Managing Director, CG Board Asia Pacific

Sdn Bhd

3.15pm Networking and Refreshments

3.45pm Session 5 (Panel)Financial Reporting Game Changers

Two major new accounting standardsrevenue recognition and lease accountingwill affect business and disclosure materially once implemented, and hence increase pressure on the Audit Committee. This session addresses the impacts of these standards on business and oversight and recommends that the Audit Committee conduct a robust dialogue with management on IFRS matters to ease implementation. This session will also bring the standards impact on new assets, new liabilities and a front-loaded pattern of total lease expense to the Audit Committees attention.

Moderator: Simon Tay Pit Eu, Executive Director, Professional

Practices & Technical, Malaysian Institute of Accountants Panellists: Siew Kar Wai, Senior Executive Director, PwC Malaysia Lim Kian Tong, Vice President, Accounting Policy, Group

Finance, AmBank Berhad Representative from Malaysian Accounting Standards

Board Representative from Audit Committee 5.00pm End of Conference

, Executive Director, Axcelasia Inc.

, Deputy Auditor General,

, Founder,

Moderator:

Simon Tay Pit Eu, Executive Director, Professional Practices & Technical, Malaysian Institute of AccountantsPanellists:

Siew Kar Wai, Senior Executive Director, PwC MalaysiaLim Kian Tong, Vice President, Accounting Policy, Group Finance, AmBank BerhadRepresentative from Malaysian Accounting Standards Board

Representative from Audit Committee

5.00pm End of ConferenceCompanies Act 2016: Understand your ObligationsThe Companies Act 2016 is set to transform the business landscape and the responsibilities of the audit committee in enforcing good governance. Importantly, this session will

New management requirements under the new Act; Utilisation of share premium/capital redemption account or

combination with share capital Consideration of effort and disclosure of business review

i.e. business sustainability

Assoc. Prof. Dr Chan Wai Meng, Department of Business Strategy and Policy, Faculty of Business and Accountancy, University of MalayaPanellists: Lee Shih, Partner, Dispute Resolution, SKRINE

Brian Wong, Partner, Assurance & Business Risks, PKF Malaysia

Yap Weng Seong, Unit Head, Regulatory Development & Services Division, Suruhanjaya Syarikat MalaysiaSamantha Tai Yit Chan, Chief Executive Officer, Boardroom Corporate Services (KL) Sdn Bhd, Malaysia

Companies Act 2016: Understand your ObligationsThe Companies Act 2016 is set to transform the business landscape and the responsibilities of the audit committee in enforcing good governance. Importantly, this session will

New management requirements under the new Act; Utilisation of share premium/capital redemption account or

Consideration of effort and disclosure of business review

, Department of Business Strategy and Policy, Faculty of Business and Accountancy,

, Partner, Dispute Resolution, SKRINE, Partner, Assurance & Business Risks,

, Unit Head, Regulatory Development & Services Division, Suruhanjaya Syarikat Malaysia

, Chief Executive Officer, Boardroom Corporate Services (KL) Sdn Bhd, Malaysia

JASON YUEN CHEE MUNJason is a Partner at Ernst & Young Advisory Services Sdn Bhd. His focus is on Cybersecurity, Risk and Business Continuity, and has over 19 years experience serving clients in various industries. Prior to EY, he had served as the Industry Advisor at the National CyberSecurity Agency under

MOSTI, the Country General Manager at a leading regional Managed Security Service Provider, and the National Security Leader at the Malaysian subsidiary of a global software company. He is also a regular speaker on Information Security, Audit and Controls at regional and global events. Jason is a Certifi ed Information Systems Security Professional, Certifi ed Information Systems Auditor, and an ISO27001 Lead Auditor. He is also a past President of ISACA Malaysia Chapter, former member of ISACA International Governmental and Regulatory Agencies Working Group, and a Founding Member of the Information Security Professional Association of Malaysia.

DATUK YVONNE CHIADatuk Yvonne Chia is a Senior Banker, Director and Mentorand the fi rst female Chief Executive Offi cer of any commercial bank in Malaysia. She was named among the 50 Business Women in the Mix by Forbes Asia in 2013, and two-time fi nalist in the CNBC Asia Business Award. She is a proven strategist and infl uencer/mentor, with strong understanding

of relationship management, governance and engagement with partners, customers, staff and the community served. She has been in the ASEAN banking scene, with a focus on Malaysia in the last three decades, and her record of excellence and value creation h