Training & Events

The Combat of Corruption and the Crucial Role of the Accountancy Profession


Date : 15/06/2017

Symposium - Brussels

Transparency International Belgium invites the accountancy profession and its stakeholders to a symposium to answer four key questions regarding their crucial role in the fight against corruption. These questions will be addressed from a Belgian perspective in the light of international regulation and standards.

1.    To what extent is the detection of corruption a responsibility of accountants and auditors?
Large corruption schemes always involve professionals from the accountancy sector: a finance professional sets-up the structure, an accountant drafts the accounts, a statutory auditor signs-off. Money laundering is the flipside of corruption. Are laws and standards in this respect clear? Where does the responsibility of accountants and auditors start?

2.    How should accountants and auditors assess the risks related to offshore constructions
How do accountants and auditors assess the risks of corruption and fraud in relation to such constructions? Which techniques do they apply to detect illegal structures and money flows? What are the trends and how can accountants and auditors improve their processes?

3.    How strong is governance, risk & compliance in the accountancy industry itself?
We must consider the risk management in the accountancy industry itself: tone from the top, risk awareness, fraud detection training, audit budget, professional independence, client acceptance, internal monitoring, professional quality and the role of the supervisory authorities. Will more governance, risk & compliance efforts within the accountancy industry lead to better results?

4.    How effective are current reporting/whistleblowing systems?
If internal risk management and procedures fail to identify illegal structures and transactions, reporting/whistleblowing may be the only way to act. Are the current reporting/whistleblowing structures effective? What can we learn from OLAF, where the hotline is the main starting point of investigations?

SYMPOSIUM IN-BRIEF

The key-note address from Mr. Mark Thompson (Serious Fraud Office) is followed by two panel debates moderated by Ms. Brooke Masters (Financial Times) and Mr. Dave Van Moppes (Tuerlinckx Law) and powered by the following professionals and regulators: (Professionals) IBR-IRE, IAB-IEC, BIBF-IPCF, IIA Belgium, IFA Belgium, ACFE Belgium, PricewaterhouseCoopers, Accountancy Europe, EGIAN, OLAF and Internal Audit Service of the European Commission; (Regulators) SFO, FSMA and CTR-CSR.

Date: Thursday 15 June 2017

Timing: 8:30 Registration, 9:00 Key-note, 9:30-13:00 Panels, 13-14:00 Walking lunch

Venue: Egmont Palace, Orange Room, Petit Sablon 8, 1000 Brussels

Entrance fee: €35, members 25€ (How to become a member?), students 15€

Language: English

TO REGISTER, PLEASE SEE BELOW

PROGRAMME

08:30-09:00    Registration and coffee

09:00-09:05    Welcome
Mr. Dominique Dussard, Transparency International Belgium (Chair)

09:05-09:30    Key-note address
Mr. Mark Thompson, Serious Fraud Office (COO)

09:30-11:00    Panel debate 1:

Moderator: Ms. Brooke Masters, Editor at The Financial Times

On the panel:

11:00-11:30    Coffee

11:30-13:00    Panel debate 2:

Moderator: Mr. Dave Van Moppes, Attorney-at-Law at Tuerlinckx Law

On the panel:

  1. The Institute of Accounting Professionals and Tax Experts: Mr. Benoît Vanderstichelen (Chair)
  2. BIBF-IPCF: Mr. Luc Vanhoutte (Board)
  3. Mr. Steven De Winter, Public Prosecutor
  4. IFA Belgium: Mr. Rudy Hoskens (Vice Chair)
  5. CTR-CSR: Mr. Hein Lannoy (Secretary General)
  6. OLAF: Mr. Marco Pecoraro (Head of Unit External Aid)
  7. Transparency International Belgium: Mr. Guido De Clercq (Executive Director)
  8. Serious Fraud Office: Mr. Mark Thompson (COO)


13:00-13:05    Closing remarks

Mr. Evert-Jan Lammers, Day-Chair

13:05-14:00    Walking lunch

14:00        End

This symposium accounts for 4 CPE credits (this may vary per professional institute).

We look forward to welcoming you.