Following a well-received presentation at both the 2013 and 2014 Institute of Management Accountants (IMA)’s Annual Conferences, IFAC Senior Technical Manager Vincent Tophoff and Campbell Soup Company Finance Director and Comptroller J. Stephen McNally gave a follow-up presentation during at the 2015 conference to discuss additional risk management and internal control (RM/IC) issues and considerations.
This presentation addresses the core compentencies of professional accountants as it relates to risk management and internal control, including
- Good risk management is good accounting, not compliance, as risk affects job duties and objectives
- Risk management becomes virtually invisible when fully embedded in our core managment accounting principles.
This presentation follows the June 2013 presentation, Leveraging Effective Risk Management and Internal Control for your Organization, and the June 2014 presentation, Upgrading Risk Management and Internal Control in Your Organization.