Event Overview:

Sarbanes Oxley (“SOX”) compliance has been around for years, and so have the mountain of spreadsheets, documents and hardcopy documentation.  SOX compliance is not meant to be the primary purpose of most internal audit (“IA”) departments, and thus most organizations’ IA departments are increasingly focusing on rebalancing IA efforts to more value-added and enterprise risk oriented activities.  But for many IA teams, documentation of its SOX and other compliance efforts in spreadsheets and documents hinders the extent of their rebalancing efforts.  Implementing the proper software tool can (i) reduce the cost of SOX and other compliance efforts, (ii) facilitate making the compliance efforts a sustainable process, and thus (iii) allow IA to rebalance its efforts.

Finding the right balance and fit of a software tool can greatly enhance IA’s ability to become more efficient, cost effective, value added, while allowing more real-time feedback to management.  The most successful IA departments in rebalancing those efforts are those that do so as a part of good corporate governance — governance that ideally should be spread throughout the organization.  Using the proper tool facilitates that rebalancing, while reducing costs, and allowing IA departments…and the organization as a whole…to further spread compliance and risk management into the DNA of the business.

To that end, Rexnord Industries selected Avalion’s ComplianceSet® solution to enable their GRC process.  Since implementing ComplianceSet® 4 years ago, Rexnord’s productivity has increased significantly with respect to the time and effort required to comply with SOX.  At the same time, Rexnord’s compliance costs have been reduced dramatically, especially with respect to their external auditors.  Rexnord will be presenting their compliance process success story, which will include a hands-on look at their ComplianceSet® system in some key areas, as well as an overview of their holistic GRC roadmap for the future.  Avalion, the makers of ComplianceSet®, will also be on hand to answer questions.

Presenters:

Dale Brekke, Vice President of Internal Audit, Rexnord; P.J. Wiltsey, Internal Audit Manager, Rexnord; John Gutierrez, Vice President, Avalion; Matt Keelan, Sr. Manager, Avalion

Dale Brekke is an experienced audit professional with broad based experience in accounting and auditing.  His background includes public accounting with PriceWaterhouse (PWC), a controllership, and twenty plus years of progressive management positions including Chief Audit Executive management positions with several large public corporations.  Dale is currently the Vice President, Internal Audit for Rexnord Industries, LLC., a global manufacturing company in the power transmission and water management businesses.  He is a member of the AICPA, Texas Society of CPAs and the Institute of Internal Auditors.  He holds a Bachelor of Science degree and MBA, and is also a Certified Public Accountant and Certified Internal Auditor.

P.J. Wiltsey is an experienced audit professional with over 14 years of public and private audit experience, most recently as a Senior Audit Manager for KPMG, before joining Rexnord’s internal audit.   P.J.’s professional experience has been enhanced by working with businesses globally including companies in Australia, China, France, Germany, Netherlands and the United Kingdom.  His service in the accounting and audit profession includes the Big 4 accounting firms, national audit instructor with KPMG, and board member of both the UW-Whitewater Accounting Board and the Milwaukee chapter of the Institute of Internal Auditors.

John Gutierrez is a founding Partner of Avalion Consulting and has more than 18 years of experience in accounting, financial and operational business process advisory services.  Under his leadership, Avalion developed its software-as-a-service (SaaS) GRC solution, ComplianceSet®, which enables companies to proactively save up to 40% on their annual Total Cost of Compliance (TCC).  In addition, he led the achievement of Avalion’s three GRC related U.S. patents which were granted in 2009.  Mr. Gutierrez was with Deloitte for over a decade prior to launching Avalion.

Matt Keelan is a Senior Manager with Avalion Consulting with more than 18 years of information technology and consulting experience in a variety of industries including multi-country systems integration.  As the product manager for ComplianceSet®, Mr. Keelan was instrumental in the original system design and continues to lead the application’s development, help desk and product roadmap initiatives.  Prior to joining Avalion in 2004, Mr. Keelan was Vice President of Operations for Management Insights.

Other Event Details:

There is visitor parking in a parking structure adjacent to the main entrance to the building (enter on Cherry Street). Click here for further directions and parking information.

Registration Information:

The registration deadline is midnight, Thursday February 4th. Click here to register. 

Cancellation Policy:

Cancellations received after the deadline will be charged the full amount of the meeting; however another member from your organization may attend in your place.

Cancellations received before the deadline will be charged the full amount of the meeting; however another member from your organization may attend in your place or you may receive a credit towards a future IIA event.