Melvyn Neate has spent a great deal of time in his career working with Audit Committees.
His work has ranged from providing information and advice to committees as an internal auditor to chairing committees and reporting their work to boards. As a result, he is now firmly convinced that an Audit Committee is a key component of governance, providing support, assurance and challenge to the Board and executive management and consequently making a major contribution to an organisation’s success.
Melvyn will share his experiences with the audience in Madrid, both good and bad and, whilst his presentation will include a bit of theory, the majority of what he has to say is based on actual experiences. He will be able to explain what works well and what doesn’t!
Essential to Audit Committee success is an effective relationship with Internal Audit. The presentation will closely examine this relationship and will look at what the Audit Committee expects from Internal Audit and how these expectations can be met, or even exceeded, illustrated by actual examples.
Internal Audit will only prosper if it understands the Audit Committee’s expectations and continues to adapt and improve in line with these expectations.
OFFICE OF RAIL AND ROAD
Independent Member of the Audit Committee