Knowledge Series

Half Day Programme on Audit Automation Solutions on 19th August 2015, from 9.30 am till 1.30 pm followed with Lunch at Aftab Mahtab, The Taj Mahal Hotel, One Mansingh Road, New Delhi.

We at Sama Audit Systems & Softwares Pvt. Ltd. seek to conduct these Half Day Events as a professional forum to exchange current knowledge on the subject amongst leaders of the Internal Audit fraternity. The emphasis is on ideas and solutions that seek to propel the audit teams to higher levels of productivity and deeper insights while meeting the onerous responsibilities as per Management expectations and under the Companies Act, 2013.

Programme details –

9.00 to 9.30 am Registration
9.30 to 10.00 am Keynote Address - Audit Automation Solutions Gautam Guha, Former Addl. Dy. CAG, Office of the Comptroller and Auditor General of India
10.00 to 11.15 am Learning and Case Studies in Implementing TeamMate Audit Management System - the presentation will seek to follow a Software Life Cycle Approach starting with Decision to Invest, Good Practices in configuring and roll out of the solution – KISS approach – Keep it Short and Simple. Manish Pipalia, Director, Sama Audit Systems & Softwares Pvt. Ltd.
11.15 to 11.30 am Tea/Coffee Break and Networking
11.30 to 12.30 am Implementing Data Analytics in Audit - A Winning Strategy for Audit and Building a Business Case Study for a Quick Payback - this session will provide strategies to layer powerful, effective and objective analysis towards seeking a quick payback on your investment in data analytics as a winning strategy for internal audit. Jairam Rajshekhar, Director - Client Relations, Sama Audit Systems & Softwares Pvt. Ltd.
12.30 to 1.30 pm Monitoring for Governance - Practical illustrations on designing and maintaining continuous control monitoring solutions with dashboards, visualization panels, customizable workflows, notifications, issue tracking, escalation and resolution for improved Governance.

Deepjee Singhal, Director – Sama Audit Systems & Softwares Pvt. Ltd.

Jairam Rajshekhar, Director - Client Relations, Sama Audit Systems & Softwares Pvt. Ltd.


Half-Day Internal Audit Management Systems Workshop on 10th February 2015 at the Hotel Orchid - Chambers Banquet Hall, Vile Parle, Mumbai

TeamMate continues to evolve in terms of the technology platform and user functionality thereby sustaining its market leadership position globally. TeamMate AM v 11 is the newest version on offer. Additionally interest in Controls Management Solution has been growing with increasing requirement of certification of controls and compliance to laws. A web based electronic system which shares the database and other functionality with the AM solution is seen as a useful solution for auditors seeking to work towards a paperless environment.

The event was organised on 10th February, 2015, at Hotel Orchid, Chamber I, II and III, Vile Parle (East), Near Domestic Airport, Mumbai. as a half-day experience sharing programme on Audit Automation with user experiences, solution development roadmap and benefits of using functionality of AM and CM by Auditors and Audit Teams. Delegates had the opportunity to exchange views with Matt Sullivan, Head of TeamMate Asia Pacific region joining us for the event from Hong Kong.

Programme details –

9.00 to 9.30 am Registration
9.30 to 10.00 am Audit Management Systems - Current Trends in India. Deepjee Singhal,
Director, Sama Audit Systems & Softwares Pvt Ltd.
10.00 to 11.15 am TeamMate - a 20 year journey and still going ~ the impact and opportunity - the presentation will enlighten the delegates with the evolution story and how TeamMate is structured to listen to users and continue to remain relevant for organisation. Matt will share some global success stories across Asia Pacific Mathew Sullivan,
General Manager, Team Mate Solutions
11.15 to 11.30 am Tea/Coffee Break and Networking
11.30 to 12.30 am User Speak - sharing of experiences on implementing and managing TeamMate Audit Management Systems. Mukundan K V, Chief Assurance & Risk Executive, Allcargo Logistics Ltd.
Prabhu Venkatesh, Deputy General Manager - Internal Audit, Bharat Petroleum Corporation Ltd.
12.30 to 1.30 pm TeamMate Audit Management ~ Version 11 Overview and Use of Surveys Controls Management Solution ~ Features and Benefits - the presentation will provide an overview of the complete offering and focus on providing insights on using Surveys. Additionally as Auditors focus on and provide Compliance Assurance on Internal Controls and Law, Insights into the Controls Management Solution will be shared with the delegates. Manish Pipalia, Director, Sama Audit Systems & Softwares Pvt Ltd.

Audit Management System program

A half day Audit Management System program was held on 17th December, 2013 at the Hotel Orchid, Vile Parle in The Chambers Banquet Hall.

This event was organised in the background of increasing uncertainty in an organisation’s environment be it for profit or not for profit, stringent Governance norms with the new Companies Act, 2013 and higher expectations of global stakeholders from Business Leaders and the Board expecting Internal Auditors to provide a sound feedback on the adequacy of governance processes and be in a state of control at all times. Globally best practices of work methodology are expected at reasonable costs.

The onus on Internal Auditors is thus to ensure consistent performance and adequate documentation in support of the work done. While electronic work papers (an essential part of the CAAT toolkit) ensures a sound data repository of audit work done from planning to reporting, it has been perceived to be a desirable solution and one that ensures a lot of discipline in capture of audit steps. In assessing the technology maturity level, CAEs must be mindful that moving up the technology maturity curve involves technology activities occurring simultaneously as opposed to activities occurring in a linear progression. As an organization’s maturity levels increase, there is a corresponding expansion in its use of technology tools and the number of internal audit processes involved.

Strong leadership and personal involvement on the part of the CAE is a must for an organization planning to approach technology in a strategic manner.

The half day event provoked and took forward a thought process for CAE’s on Audit Management Systems through presentations from an Audit Committee Chair, Practicing Internal Auditor and experts on Audit Management Systems from TeamMate.

The programme Schedule was –

8.30 am Registration
9.30 am Keynote Address - Assurance and Audit Management Systems - Perspectives from Audit Committee Chairman Shailesh Haribhakti,
Chairman - DH Consultants Pvt Ltd
10.30 am Audit Management Systems - Evolution and Current Trends. Deepjee Singhal,
Director, Sama Audit Systems & Softwares Pvt Ltd.
11.00 am Tea/Coffee Break
11.15 am - 1.00 pm Case Studies of Internal Audit Automation - Risk Based Internal Audit Planning, Resource Management, Working Paper Management and Reporting including Audit Committee Presentations and Monitoring Compliance - using Team Mate Solutions Mathew Sullivan, General Manager, Team Mate Solutions,
Siu Wei, Business Development Manager, Team Mate Solutions
1.00 pm - 1.30 pm Open Session followed by Lunch

A half day Audit Management System program was held on 13th February, 2014 at the Aftab Mahtab, The TajMahal Hotel, Mansingh Road, New Delhi.

The programme Schedule was –

9.30 am Registration
10.00 am Keynote Address - Assurance and Audit Management Systems - Perspectives from Independent Director on Public and Private Sector companies. Ms.Homai Daruwalla,
Independent Director,
Former Chairperson - Central Bank of India
10.30 am Audit Management Systems - Evolution and Current Trends. Deepjee Singhal,
Director, Sama Audit Systems & Softwares Pvt Ltd.
11.00 am Tea/Coffee Break
11.15 am - 1.00 pm Case Studies of Internal Audit Automation - Risk Based Internal Audit Planning, Resource Management, Working Paper Management and Reporting including Audit Committee Presentations and Monitoring Compliance - using Team Mate Solutions Mathew Sullivan, General Manager, Team Mate Solutions,
Siu Wei, Business Development Manager, Team Mate Solutions
1.00 pm - 1.30 pm Open Session followed by Lunch

A Good Practice Sharing Programme on 8th June,2010 at Fort Jadhavgadh, Pune
External and Internal Dimensions of Corporate Governance
Presented by Dr. N. Balasubramanian

Programme Summary

The programme presented with an objective of sharing good business practices and emphasized on the governance and board related nuances with the bias being towards best practices rather than on legal or regulatory requirements alone. The sessions were structured to encourage interactive intra-group learning.

Session Details

Session One: Some External Dimensions of Effective Corporate Governance

The external interface of corporations usually cover the board related issues, capital market dimensions, external stakeholders relationships, social and environmental issues, regulatory compliance, business, government and competitive dimensions, and so on. In this session, we will focus on two dimensions of external governance, how to get the best from the corporate boards, and how to devise, manage and execute an effective communications policy.

Session Two: Some Internal Dimensions of Effective Corporate Governance

Internal dimensions would cover issues relating to organizational structure and human resources management, internal control and risk management mechanisms, strategic planning and performance monitoring processes, executive compensation, ethics and values, appropriate and credible accounting and reporting mechanisms and processes, internal audits and assurance, management information systems, internal communications, and a culture of compliant and transparent business practices and decision making processes. This session would focus on two dimensions of internal governance, Strategic Planning, and Internal Control Processes.