普华-董事会责任内部控制跟风险管理.pptVIP

Board responsibility for internal control and risk management Responsibility VS Accountability Balanced Scorecard in Corporate Governance Balanced Responsibility …… legal moral Board Effectiveness Why corporate governance matters ? Searching for the upside of risk management Risk ……….. Risk Management Action Options Well-controlled Organizations Risk Control : The twin systems Complexity of Value chain…….. Internal Control Learned in Real World COSO’s Internal Control Definition Control Reality Five Components of COSO’s Control Framework From Backroom To Board Room Internal Audit Paradigm Shift Internal Auditing Definition There is no alternative Client logotype here if required. Optically balance with our logotype. Delete from master if not required pwc by Kiattisak Jelatianranat Chairman, The Institute of Internal Auditors of Thailand Director, PricewaterhouseCoopers Kiattisak Jelatianranat 31 May 2000 * pwc 2nd Asian Roundtable on Corporate Governance Responsibility What, and Who will do ? Accountability How, and For whom ? ………. Both need independence and objectivity Kiattisak Jelatianranat pwc * 31 May 2000 2nd Asian Roundtable on Corporate Governance pwc Financial non-financial information. Equitable Treatment of stakeholders. Combination of Lagging and Leading Information. Alignment of short-term objectives Kiattisak Jelatianranat * 31 May 2000 2nd Asian Roundtable on Corporate Governance pwc Create strategic vision Select CEO Senior management Establish strategic, accountable information Independent, objective and competent oversight of day-to-day operations Board “core” responsibilities………. Kiattisak Jelatianranat * 31 May 2000 2nd Asian Roundtable on Corporate Governance pwc Corporate governance framework Risk management system Internal control system Auditing x Board initiative Ownership of : x Selection of CEO senior management x Oversight of