Speakers to Outline Steps Necessary to Move Up the Maturity Curve and
Achieve Full Combined Assurance
NEW YORK–(BUSINESS WIRE)–Colleen Knuff, CPA, CIA, CISA, CRMA, NPDP and Senior Director of Product
Management at Wolters Kluwer Tax & Accounting TeamMate
Global Audit Solutions will present together with Viji Ganesan, CISA
and IT Manager at ArcelorMittal on “Delivering Greater Value through
Global Combined Assurance” at the 2019 General Audit Management
Conference held in Dallas-Ft. Worth, Texas on March 11. In the session,
the speakers will define the journey to a full combined assurance
approach and outline ArcelorMittal’s journey to topline maturity.
“A combined assurance model offers a wide range of valuable benefits for
all types of assurance providers, ranging from having a common &
comprehensive view of risks and a uniform taxonomy across all governance
bodies and functions to increased knowledge-sharing across the
organization and an increased confidence in overall assurance coverage
from the board and executive management,” said Knuff.
Organizations around the world are eager to gain the value promised by
combined assurance. Internal Audit is expected to coordinate activities
and place reliance on work done by other assurance providers inside
their organizations. Understanding the steps necessary to move up the
maturity curve and attain the best fit for an organization is key to
implementing a successful combined assurance approach. Topics that will
be discussed in the session include:
- Techniques to map current capabilities and levels of coordination with
other lines of defense against a combined assurance maturity curve
- Critical insights to help professionals harmonize methodology across
lines of defense
- Ways to elevate and optimize coordination with other lines of defense
using technology built for the real world
“In 2016, ArcelorMittal merged the internal assurance and SOX compliance
functions into a global assurance function following the governance and
monitoring of the three lines of defense under a single umbrella.
Digitalization of aligned assurance between internal audit and SOX
provides us transparency in our control and audit framework, giving us
opportunities to engage with our business contacts effectively and gain
more synergies,” Ganesan added.
Visit Wolters Kluwer at booth #107 during the 2019
General Audit Management Conference to learn more about the
award-winning portfolio of TeamMate global audit solutions.
About Wolters Kluwer Tax & Accounting
Kluwer Tax & Accounting is a leading provider of software
solutions and local expertise that helps tax, accounting, and audit
professionals research and navigate complex regulations, comply with
legislation, manage their businesses and advise clients with speed,
accuracy, and efficiency.
Wolters Kluwer Tax & Accounting is part of Wolters Kluwer (WKL), a
global leader in professional information, software solutions, and
services for the healthcare; tax and accounting; governance, risk and
compliance; and legal and regulatory sectors. We help our customers make
critical decisions every day by providing expert solutions that combine
deep domain knowledge with advanced technology and services.
Wolters Kluwer reported 2018 annual revenues of €4.3 billion. The group
serves customers in over 180 countries, maintains operations in over 40
countries, and employs approximately 19,000 people worldwide. The
company is headquartered in Alphen aan den Rijn, the Netherlands.
Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are
included in the AEX and Euronext 100 indices. Wolters Kluwer has a
sponsored Level 1 American Depositary Receipt (ADR) program. The ADRs
are traded on the over-the-counter market in the U.S. (WTKWY).
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