Chief Auditors Discuss and Debate on the Next Generation Internal Audit

Sept. 15, 2010 - PRLog -- Steve Brown, Managing Director, SunTrust Audit Services, Paul J. Sobel, Vice President, Internal Audit, Mirant Corporation, and Gaurav Kapoor, CFO and General Manager, MetricStream provide chief auditors’ perspective on leading the audit department that is more adaptable, collaborative and integrated with corporate goals.

This online panel discussion is scheduled to take place at 10:00 AM Pacific Time (1:00 PM Eastern Time) on Wednesday, September 15, 2010. To register for this event, please click here:
http://www.metricstream.com/webinars/internal_audit_next_generation_15sep10.html?channel=pr_metricstream_website

About the Panel Discussion
Confronted with a rapidly changing business landscape, organizations are relying heavily on internal auditors to steer them through the challenges that lie ahead. These include uncertain business environments, complex regulations, increasing commodity costs, environmental changes and political conflicts. Auditors have their task cut out for them as they try to interpret the impact of these challenges on the business and respond appropriately.

Today’s CIAs (Chief Internal Auditors) are asking themselves an important question: ‘How do I ensure that my Internal Audit department and processes are future-proof?’ The IIA (Institute of Internal Auditors) is doing its part to support the evolving role of internal auditors by modifying their existing standards and guidelines. In turn, businesses are adopting new technology for greater productivity, higher transparency and improved collaboration.

The webinar will provide insights into how these various factors can be brought together to ensure that internal audit can adapt to future demands and play a vital role in the success of the organization.

The speakers will provide perspectives on:

   * Building an audit department that adapts quickly to future challenges and trends
   * Improving collaboration between the audit department and the business organization
   * Integrating audit functions with corporate goals
   * Leveraging technology to respond to internal audit challenges

About the speakers

Steve Brown - Managing Director, SunTrust Audit Services
Steve Brown is a Managing Director at SunTrust Audit Services, with oversight responsibility for audit coverage of the company’s risk management and regulatory compliance functions. Steve has 15 years of audit/consulting experience, and has been at SunTrust for almost 9 years. In addition to his current role, Steve has previously provided oversight to the retail and commercial banking, IT, and Finance audit teams. Prior to joining SunTrust, Steve was a manager at Arthur Andersen. Steve is a co-leader in SunTrust’s effort to implement an enterprise GRC platform, with the goal of a common risk language and common libraries of risk and control content across SunTrust’s business units and risk disciplines. Recently, SunTrust selected MetricStream GRC Platform to integrate the banks audit, compliance and risk management programs.

Paul J. Sobel - Vice President, Internal Audit - Mirant Corporation
Paul Sobel is Vice President, Internal Audit for Mirant Corporation, an energy company based in Atlanta that operates power plants in five states. He is responsible for directing the company's internal audit activities, and developing and implementing risk assessment and ERM methodologies. Paul is a frequent speaker on Governance, ERM and Internal Audit topics at IIA and other conferences, and achieved Distinguished Faculty honors as an instructor of IIA seminars. He has published a book titled Auditor's Risk Management Guide: Integrating Auditing and ERM. In addition, he co-authored the textbook titled Internal Auditing: Assurance and Consulting Services, which is sponsored by the IIA's Research Foundation.

Gaurav Kapoor, CFO and General Manager, MetricStream
As the CFO and General Manager of MetricStream, Gaurav has worldwide responsibility for Finance, Marketing, Business Development and the ComplianceOnline.com business unit. During his tenure at MetricStream, Gaurav has been instrumental in shaping key strategic initiatives and driving overall financial performance of the company. Gaurav brings nearly a decade of marketing, finance and operating experience with Citigroup and has spent several years in executive operating roles with venture-backed enterprise software and internet companies.

About MetricStream
MetricStream is a market leader in Enterprise-wide Governance, Risk, Compliance (GRC) and Quality Solutions for global corporations. MetricStream solutions are used by leading corporations such as Pfizer, Philips, NASDAQ, UBS, SanDisk, Subway, Fairchild Semiconductor, SunTrust Banks and Cummins in diverse industries such as Pharmaceuticals, Medical Devices, Automotive, Food, High Tech Manufacturing, Energy and Financial Services to manage their quality processes, regulatory and industry-mandated compliance and corporate governance initiatives, as well as by over a million compliance professionals worldwide via the www.ComplianceOnline.com portal. MetricStream is headquartered in Palo Alto, California and can be reached at www.metricstream.com.