Finance Indaba programme: Finance in Control - #findaba16

The Finance Indaba Africa 2016 is almost upon us and it is time to start looking at what exactly lies ahead at the Sandton Convention Centre on 13 and 14 October 2016. Every day until the event, we will shine a light on the parts of the amazing programme. Today: Finance in Control, a two-day programme for all finance professionals.

Other programme highlights:

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Boardroom 4

13 October 2016

10.15 - 11.00 Continuous accounting: The evolution of the accounting function in the age of instant everything
As the information age has progressed, so individuals and organisations have become accustomed to having everything at their fingertips, easily and instantly. One department within the organisation that has lagged this immediacy is the Accounting & Finance function, hampered by legacy systems and processes with an inability to easily access vital information in the desired format and in a timely manner. The benefit of implementing solutions that provide this instant access is significant, with efficient and effective reporting, rapid decision-making, and the establishment of an agile accounting function and broader organisational capability. Shirley Riddick has a wealth of knowledge, gleaned from dealing with hundreds of organisations that have incorporated continuous accounting solutions and processes. She shares her insight with us.
By: Shirley Riddick (Managing Director MEA/APAC at Excel4apps)
Hosted by: Excel4apps

11.15 - 12.00 Integrated Reporting: Is this just another accounting exercise or does it have a deeper purpose?
The birth of integrated reporting was an effort to move beyond the primacy of the shareholder and look at how businesses create real value over time. Many accountants understand that it is important to counterbalance the - broadly-speaking - short-term view of the shareholder. Because not just the financial but also the intellectual, human or social aspects of business help create or destroy value. Integrated reporting has evolved into a coherent set of quantitative and qualitative information. But has it helped businesses to adopt a longer and more sustainable strategic approach? In this session we will discuss the state of affairs in integrated reporting and share how a business can format KPIs for the human element of business.
By: Terry Moore
Hosted by: SAICA

12.15 - 13.00 Internal audit: A strategic imperative for business
Consideration over what business leaders should expect from internal audit and some of the perceptions which are perhaps not realistic. How to derive real value from the internal audit activity in a constantly changing business environment. Should internal audit "test" business leadership, including the board?
By: Charles Nel (Technical Department Head at IIA SA)
Hosted by: IIA SA

13.15 - 14.00 Governance of fraud & corruption risk
With more than 25 years of hands-on forensic investigation and experience, Peter Goss, Managing Director at SizweNtsalubaGobodo Advisory, will probe burning issues such as monitoring, supervision and accountability of business and government leaders in fraud and corruption risk governance. Institutional irresponsibility, boardroom cronyism, reducing vulnerabilities, avoiding exposure, resilience and corporate sustainability will also be covered in this session. Peter will also be available for a signing session of his book, which covers the aforementioned topics as well as proactive detection-based fraud and corruption auditing.
By: Peter Goss (ICFP, CFIP, Author and Managing Director at SizweNtsalubaGobodo Advisory)
Hosted by: SizweNtsalubaGobodo

14.15 - 15.00 Corruption incident management
Hosted by: CQS

15.15 - 16.00 Improve control of your financial transactions and operations with financial services applications and workflows
Within the financial operations department, organisations face more pressure than ever to optimise resources and better manage budgets and costs. Liberating finance departments to make more informed and faster decisions in line with proper governance, compliance and risk mitigation requires streamlined processes and increased visibility. Improve control of your financial transactions and operations with financial services applications and workflows built with K2, which can help you maintain better control of your financial operations by incorporating line-of-business (LOB) data into customised applications and workflows.
By: Russel Glover (Owner at Linxus)
Hosted by: Linxus

16:15 - 17:00: Steering Business Performance with Cognitive Analytics
Hosted by: IBM

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14 October 2016

10.15 - 11.00 Utilising the R&D Tax Incentive, and the upcoming Carbon Tax Bill
While many technical personnel develop new and improved products as part of their daily activities, few are aware that this could qualify for the Research & Development (R&D) Tax Incentive. Mohammed Jada, who heads up R&D at KPMG, will provide an understanding into what companies need to know to apply for this incentive and how they can benefit. KPMG will also provide practical details on the upcoming implementation of the Carbon Tax, as well as government incentives that could offset its impact.
By: Mohammed Jada (Head of Corporate Tax at KPMG)
Hosted by: KPMG

11.15 - 12.00 Internal audit: Facilitator for integrated thinking
Can internal audit facilitate integrated thinking? Organisations operate in a complex and challenging environment influenced by a number of external and internal factors. Internal auditors have for years been looking at organisational risks, systems, processes and controls from an end-to-end perspective. They always have to consider and understand the interlinks/interdependences between systems and processes. The integrated nature of business and organisations in general calls for a different approach to how the long-term sustainability of an organisation is viewed. This session aims to shed light on how business and internal audit could collaborate to ensure that integrated thinking becomes the norm in an organisation.
By: Oupa Mbokodo (Director, Head of the IT Advisory, Head of Enterprise IT Division at Grant Thornton)
Hosted by: IIA SA

12.15 - 13.00 Who is your wingman?
As CFO you need to be able to ensure the necessary financial support to the business in order to not only survive but to achieve business goals. As such you need a trusted wingman to be your "forward-looking radar", capable of identifying, assessing and positively responding to future business disruption events that could cause severe financial stress. That person is the Corporate Treasurer.
Hear how this critical member of your team can support you, the CFO, in being victorious.
By: Nigel Grey (Chairman at Association of Corporate Treasurers)
Hosted by: ACTSA

13.15 - 14.00 CFOs: Backseat drivers, competent navigators or critical pit crew?
Why has it become critical for finance heads to move from perceived backseat drivers to key members of high-performing teams? The days of passive participation are gone and in conjunction with our most recent global research, we demonstrate how and why CFOs must transition to highly participative, essential members of high-performing teams. We will discuss with you the new roles of CFOs and how you can help transform pedestrian businesses into market leaders through thought-out and measurable steps, because if you always do what you have always done, you will always get what you always got.
By: David Miller
Hosted by: inavit iQ

14.15 - 15.00 The importance of innovative credit bureau solutions for new and emerging financial technology services
Representatives from Creditinfo will share their views on opportunities and challenges for financial institutions and FinTech companies from a credit bureau perspective and why it is necessary to collect and consolidate data from multiple sources, ranging from traditional Credit Data to new ways of identifying opportunities and preventing risk by using alternative and non-existing credit data.
By: Shane Moldenhauer (Senior Consultant Decision Analytics at Creditinfo Group), Samuel White (Business Development at Creditinfo International), Agata Szydlowska (Head of Financial Inclusion & Credit Bureau Awareness at Creditinfo Group)
Hosted by: Creditinfo

15.15 - 16.00 Case study: An analyst's perspective on non-core balance sheet risks
In this workshop you will learn how an analyst would look at your balance sheet, with particular focus on areas that are considered non-core risks to the business. Together we will raise questions and explore some of the risk scenarios. For example, how can you manage the risk that post-retirement medical subsidies may cost more than necessary? Are you in control of risk that traditional life insurance costs relatively more than an option of self-insurance? What is the risk involved with money that sits dormant? Join us for an in-depth analysis in this hands-on workshop.
By: Trevor Hulley (Manager at Old Mutual)
Hosted by: Old Mutual