Course Detail(E184v : Navigating Ethically in the Emerging Risks Landscape: Thinking beyond Covid, Clusters and Crisis (Live Webinar))

E184v : Navigating Ethically in the Emerging Risks Landscape: Thinking beyond Covid, Clusters and Crisis (Live Webinar)

7.00 CPE Hours (Category 2, Others)
Live Webinar

Programme Objective

This highly interactive course provides the tools and techniques that an auditor and members of the management team will need to navigate ethically in the emerging risks landscape and identify the warning signs in any organisation in a post-Covid world before the damage is irreversible.

You will learn more about the 3 emerging cyber risks categories and the fundamental tricks that hackers have used to steal vital information from companies which has caused them a massive reputational damage. You will also get an update on how some of these gimmicks are being uncovered in today's technologically savvy world. 

You will gain first-hand knowledge and insights into:
  • A Pragmatic Analysis of the 3 Clusters of Covid-19 Risks;
  • Strengthening Risk Management for the New Normal;
  • Singapore’s Adoption of NOCLAR in ISCA’s Code of Professional Conduct and Ethics (EP 100);
  • 12 Areas of Audit Focus to Consider Right Now; and
  • Recent Case Examples – Lessons Learned from Fallen Idols.

The Trainer will also speak on new ethical areas that impact the accountancy profession such as the Singapore journey towards NOCLAR adoption and will deep-dive into the pain points of the new international requirements, and share insights and solutions to practical issues.

The Trainer has deep and extensive experiences as a professional accountant and practitioner. Hewill share with you his real-life experiences, easy-to-understand examples, ethical dilemmas faced by auditors and plenty of illustrations to help explain how past tricks and scams were uncovered.

In addition, all participants attending this course will be given a ‘Quick Reference Guide’ called ‘The 3 Clusters of Covid-19 Risks and the 12 Areas of Audit Focus to Consider Right Now’, specially designed by the speaker as a helpful tool for use at your workplace.

Learning Objectives
 
  • Have a clear overview of the recent changes in ethical requirements; and
  • Be aware of the emerging risks landscape and the practical ways to deal with it; and
  • To learn to identify the areas of top priority to improve the control environment.

Programme Outline

Techniques and tools to identify and deal with key risks associated with the critical functions in organisations.

Module 1 – A Pragmatic Analysis of the 3 Clusters of Covid-19 Risks

  • Let’s Begin with Story Time – Understanding the Covid-19 Crisis Impact
  • Emerging Risks Landscape – The 3-Risk Clusters
  • Why Performance, People and Technology Matter
  • Why Cyber Risk Management is Important – 6 Pictures in 12 Minutes
  • The 3 Emerging Cyber Risks and Practical Solutions

Morning Strolling Coffee Break
 
Module 2 – Ethical Considerations in Risk Management

  • Making Sense of Risks in an Interconnected World
  • Traditional ‘Static’ View versus Dynamic ‘Connected’ View
  • The Next Wave for Business Continuity Planning and Management
  • Defining Operational Resilience
  • The Ethics Toolkit – 12 Areas of Audit Focus to Consider Right Now

It’s Energise Time! A Good Lunch and Connect with Prof Sarjit After Break
Common ethical dilemmas, conflicts and misconduct. Techniques and practical tools to improve controls to minimise or prevent unethical practices from occurring. Overview of the new Ethics Pronouncements and implementation guidelines on NOCLAR locally and internationally.

Module 3– Lessons Learned from Fallen Idols in the Age of Emerging Technologies

  • Singapore’s Adoption of NOCLAR in ISCA’s Code of Professional Conduct and Ethics (EP 100)
  • Real Time Monitoring and Timely Reporting


Afternoon Tea Break with a Chocolate Party

  • [Fresh New Research] Complexities of Complicity – How We Enable the Unethical and How to Stop


Trainer will be using Real Life Examples and Illustrations to Reinforce the Learning Experiences using Practical Mini Case Studies:

  • Believing in a False Prophet
    • Theranos: Who has Blood on Their Hands?
  • Benefiting from Privilege
    • “Singapore Land Authority – How $11.8M was Stolen over 2 Years?”
  • Creating and Accepting Unethical Organisational Systems
    • “Hyflux – A Curious Case of Flapping Financial Red Flags that Investors Missed” or
    • “Evergrande – Will China Export a Crisis?”

Interactive Finale - Recap with a Fun Quiz & Game Show: “Who Wants to be an Ethics Genius in the New Normal?”

 
Training Methodology
 
An Interactive Learning Experience - Story-telling, Fun Facts, Short Case Examples, Real Life Illustrations, Movies with pre and post-screening activities, and end-of-day quiz (Who Wants to be an Ethics Genius in the New Normal) using Kahoot which will help reinforce the learning concepts and outcomes.


Closing Date for Registration

1 week before programme or until full enrolment.

Intended For

An ethics course intended for both practising and non-practising accountants. Professionals who wish to have an overview of the recent changes in ethical requirements, and be aware of emerging risks in the changing landscape to improve the control environment in the organisations.

Competency Mapping

Category 2 = 5.50 Hours
Others = 1.50 Hours

Schedule & Fees

Date & Time

24 Apr 2023 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 315.92
For Non-Members: $ 379.33

Programme Facilitator(s)

Sarjit Singh

Venue

Live Webinar in or outside of
Singapore

Testimonial

Funding

No funding Available!

Programme Facilitator(s)


Sarjit Singh
BBM (L) BBM, PBM, FCA (Australia), 
FCA (Singapore), CVA, ISCA FFP, Ph.D

 

Sarjit Singh is the CEO of a Singapore headquartered business advisory and consulting practice.

Recognised by NTU as a financial industry talent, Sarjit was the winner of the Nanyang Alumni Achievement Award in 2012. He has over 30 years of multinational experience and has built an extensive career in assurance and advisory, including 16 years with PricewaterhouseCoopers.

Sarjit was the CFO of AIA Singapore and Aviva Asia. He was responsible for formulating and implementing the financial, investment and commercial strategies for AIA Singapore and Aviva's diverse businesses in Singapore, Hong Kong and the Asia Pacific region respectively.

Sarjit was appointed as an Adjunct Associate Professor by Nanyang Technological University (NTU) from 2010 to 2016 for his expertise in Financial Reporting and Analysis, Corporate Governance, Risk Management and Auditing. Sarjit had conceptualized and delivered a very popular and highly rated elective programme on ‘Business Frauds and Scandals’ at Nanyang Business School, NTU. Sarjit was also the Master Workshop Facilitator for ‘Business Valuation, Governance and Risk’ module of the Singapore Qualification Programme for Chartered Accountants.

Sarjit is particularly well-known for his ability to translate complex and difficult financial concepts into plain language, and the use of real life experiences, easy to understand illustrations and case studies to help the participant's ability to understand finance, accounting and risk. He adopts a highly interactive approach in his seminars and workshops which makes learning both fun, highly engaging and memorable. Sarjit has consistently achieved high participant feedback ratings for his training sessions at the Institute of Singapore Chartered Accountants (ISCA), Chartered Financial Analyst Programmes (CFA), Institute of Internal Auditors (IIA), MAS Academy, SGX Academy. Temasek Holdings, Singtel, Sembcorp, Supreme Court of Singapore and the Auditor-General’s Office.

He was appointed by the Singapore government in 2016 to serve on the Committee on the Future Economy (CFE) – Working Group on Legal and Accounting Services.

Sarjit is presently serving as the Advisor to the Singapore Accountancy Commission’s Chartered Accountancy Learning and Assessment Committee – Foundation Programme. He also serves on various boards and committees including the Investigation and Disciplinary Panel of the Institute of Singapore Chartered Accountants (ISCA)and Board of Advisors of Nanyang Technological University Investment Interactive Club.

Sarjit also serves as District Councillor and Chairman of the Finance Committee at Central Singapore Community Development Council. He is also the Vice President of Singapore Indian Development Association (SINDA) Executive Committee and a member of SINDA’s Audit Committee.

Sarjit has received multiple accolades throughout his illustrious career and for his contributions to the Singapore community. He is a recipient of three national honours conferred by the President of the Republic of Singapore – the Public Service Star (Bar) in 2021, the Public Service Star in 2011, and the Public Service Medal in 2007.

He is also a recipient of the prestigious SkillsFuture Fellowship in 2019. Presented by the President of the Republic of Singapore, this award honours individuals as masters of skills and mentors of future talent.

Sarjit is a Fellow Chartered Accountant of both the Institute of Singapore Chartered Accountants (ISCA) and Chartered Accountants Australia and New Zealand (CA ANZ). He is also a Chartered Valuer and Appraiser and a Financial Forensic Professional credential holder.

Sarjit completed the Advanced Management Program at Harvard Business School and is an alumni of Harvard University.

Programme Objective

This highly interactive course provides the tools and techniques that an auditor and members of the management team will need to navigate ethically in the emerging risks landscape and identify the warning signs in any organisation in a post-Covid world before the damage is irreversible.

You will learn more about the 3 emerging cyber risks categories and the fundamental tricks that hackers have used to steal vital information from companies which has caused them a massive reputational damage. You will also get an update on how some of these gimmicks are being uncovered in today's technologically savvy world. 

You will gain first-hand knowledge and insights into:
  • A Pragmatic Analysis of the 3 Clusters of Covid-19 Risks;
  • Strengthening Risk Management for the New Normal;
  • Singapore’s Adoption of NOCLAR in ISCA’s Code of Professional Conduct and Ethics (EP 100);
  • 12 Areas of Audit Focus to Consider Right Now; and
  • Recent Case Examples – Lessons Learned from Fallen Idols.

The Trainer will also speak on new ethical areas that impact the accountancy profession such as the Singapore journey towards NOCLAR adoption and will deep-dive into the pain points of the new international requirements, and share insights and solutions to practical issues.

The Trainer has deep and extensive experiences as a professional accountant and practitioner. Hewill share with you his real-life experiences, easy-to-understand examples, ethical dilemmas faced by auditors and plenty of illustrations to help explain how past tricks and scams were uncovered.

In addition, all participants attending this course will be given a ‘Quick Reference Guide’ called ‘The 3 Clusters of Covid-19 Risks and the 12 Areas of Audit Focus to Consider Right Now’, specially designed by the speaker as a helpful tool for use at your workplace.

Learning Objectives
 
  • Have a clear overview of the recent changes in ethical requirements; and
  • Be aware of the emerging risks landscape and the practical ways to deal with it; and
  • To learn to identify the areas of top priority to improve the control environment.

Programme Outline

Techniques and tools to identify and deal with key risks associated with the critical functions in organisations.

Module 1 – A Pragmatic Analysis of the 3 Clusters of Covid-19 Risks

  • Let’s Begin with Story Time – Understanding the Covid-19 Crisis Impact
  • Emerging Risks Landscape – The 3-Risk Clusters
  • Why Performance, People and Technology Matter
  • Why Cyber Risk Management is Important – 6 Pictures in 12 Minutes
  • The 3 Emerging Cyber Risks and Practical Solutions

Morning Strolling Coffee Break
 
Module 2 – Ethical Considerations in Risk Management

  • Making Sense of Risks in an Interconnected World
  • Traditional ‘Static’ View versus Dynamic ‘Connected’ View
  • The Next Wave for Business Continuity Planning and Management
  • Defining Operational Resilience
  • The Ethics Toolkit – 12 Areas of Audit Focus to Consider Right Now

It’s Energise Time! A Good Lunch and Connect with Prof Sarjit After Break
Common ethical dilemmas, conflicts and misconduct. Techniques and practical tools to improve controls to minimise or prevent unethical practices from occurring. Overview of the new Ethics Pronouncements and implementation guidelines on NOCLAR locally and internationally.

Module 3– Lessons Learned from Fallen Idols in the Age of Emerging Technologies

  • Singapore’s Adoption of NOCLAR in ISCA’s Code of Professional Conduct and Ethics (EP 100)
  • Real Time Monitoring and Timely Reporting


Afternoon Tea Break with a Chocolate Party

  • [Fresh New Research] Complexities of Complicity – How We Enable the Unethical and How to Stop


Trainer will be using Real Life Examples and Illustrations to Reinforce the Learning Experiences using Practical Mini Case Studies:

  • Believing in a False Prophet
    • Theranos: Who has Blood on Their Hands?
  • Benefiting from Privilege
    • “Singapore Land Authority – How $11.8M was Stolen over 2 Years?”
  • Creating and Accepting Unethical Organisational Systems
    • “Hyflux – A Curious Case of Flapping Financial Red Flags that Investors Missed” or
    • “Evergrande – Will China Export a Crisis?”

Interactive Finale - Recap with a Fun Quiz & Game Show: “Who Wants to be an Ethics Genius in the New Normal?”

 
Training Methodology
 
An Interactive Learning Experience - Story-telling, Fun Facts, Short Case Examples, Real Life Illustrations, Movies with pre and post-screening activities, and end-of-day quiz (Who Wants to be an Ethics Genius in the New Normal) using Kahoot which will help reinforce the learning concepts and outcomes.


Closing Date for Registration

1 week before programme or until full enrolment.

Intended For

An ethics course intended for both practising and non-practising accountants. Professionals who wish to have an overview of the recent changes in ethical requirements, and be aware of emerging risks in the changing landscape to improve the control environment in the organisations.

Competency Mapping

Category 2 = 5.50 Hours
Others = 1.50 Hours

Programme Facilitator(s)

Sarjit Singh
BBM (L) BBM, PBM, FCA (Australia), 
FCA (Singapore), CVA, ISCA FFP, Ph.D

 

Sarjit Singh is the CEO of a Singapore headquartered business advisory and consulting practice.

Recognised by NTU as a financial industry talent, Sarjit was the winner of the Nanyang Alumni Achievement Award in 2012. He has over 30 years of multinational experience and has built an extensive career in assurance and advisory, including 16 years with PricewaterhouseCoopers.

Sarjit was the CFO of AIA Singapore and Aviva Asia. He was responsible for formulating and implementing the financial, investment and commercial strategies for AIA Singapore and Aviva's diverse businesses in Singapore, Hong Kong and the Asia Pacific region respectively.

Sarjit was appointed as an Adjunct Associate Professor by Nanyang Technological University (NTU) from 2010 to 2016 for his expertise in Financial Reporting and Analysis, Corporate Governance, Risk Management and Auditing. Sarjit had conceptualized and delivered a very popular and highly rated elective programme on ‘Business Frauds and Scandals’ at Nanyang Business School, NTU. Sarjit was also the Master Workshop Facilitator for ‘Business Valuation, Governance and Risk’ module of the Singapore Qualification Programme for Chartered Accountants.

Sarjit is particularly well-known for his ability to translate complex and difficult financial concepts into plain language, and the use of real life experiences, easy to understand illustrations and case studies to help the participant's ability to understand finance, accounting and risk. He adopts a highly interactive approach in his seminars and workshops which makes learning both fun, highly engaging and memorable. Sarjit has consistently achieved high participant feedback ratings for his training sessions at the Institute of Singapore Chartered Accountants (ISCA), Chartered Financial Analyst Programmes (CFA), Institute of Internal Auditors (IIA), MAS Academy, SGX Academy. Temasek Holdings, Singtel, Sembcorp, Supreme Court of Singapore and the Auditor-General’s Office.

He was appointed by the Singapore government in 2016 to serve on the Committee on the Future Economy (CFE) – Working Group on Legal and Accounting Services.

Sarjit is presently serving as the Advisor to the Singapore Accountancy Commission’s Chartered Accountancy Learning and Assessment Committee – Foundation Programme. He also serves on various boards and committees including the Investigation and Disciplinary Panel of the Institute of Singapore Chartered Accountants (ISCA)and Board of Advisors of Nanyang Technological University Investment Interactive Club.

Sarjit also serves as District Councillor and Chairman of the Finance Committee at Central Singapore Community Development Council. He is also the Vice President of Singapore Indian Development Association (SINDA) Executive Committee and a member of SINDA’s Audit Committee.

Sarjit has received multiple accolades throughout his illustrious career and for his contributions to the Singapore community. He is a recipient of three national honours conferred by the President of the Republic of Singapore – the Public Service Star (Bar) in 2021, the Public Service Star in 2011, and the Public Service Medal in 2007.

He is also a recipient of the prestigious SkillsFuture Fellowship in 2019. Presented by the President of the Republic of Singapore, this award honours individuals as masters of skills and mentors of future talent.

Sarjit is a Fellow Chartered Accountant of both the Institute of Singapore Chartered Accountants (ISCA) and Chartered Accountants Australia and New Zealand (CA ANZ). He is also a Chartered Valuer and Appraiser and a Financial Forensic Professional credential holder.

Sarjit completed the Advanced Management Program at Harvard Business School and is an alumni of Harvard University.


Upcoming Schedule

Date & Time

24 Apr 2023 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 315.92
For Non-Members: $ 379.33

Programme Facilitator(s)

Sarjit Singh

Venue

Live Webinar in or outside of
Singapore