8th European Academic Conference on Internal Auditing & Corporate Governance Update

Dear Friends

We would like to provide you with a short update regarding the 8th European Academic Conference on Internal Auditing & Corporate Governance which was held in Chios Island from 21-23 April 2010 and hosted by the University of the Aegean.

Despite the adverse conditions that we all know (i.e. Volcano dust), we managed to accomplish our conference with a great success. Unfortuntely, we had to adjust our PhD Day & Main Conference programmes using our reserve papers (one of them was mine). Many participants managed to come in our conference (Academics, Professionals, undergraduate & Postgraduate students).

We had the opportunnity to discuss several interesting PhD and other working papers and presentations. Our Keynote Speakers James Paterson, from Astra Zeneca PLC, Pavlos Pavlides from Black Sea Trade and Development Bank & Anastasia Tzouanaki from Ernst & Young presented very interesting topics. Also, a great emphasis should be put on Margaret Christ's very interesting presentation regarding the IIA Reserach Foundation and CBOK efforts.

Also, please find attached the final programme after the necessary adjustments for the three difficult but very beneficial days and the excursion that took place on Saturday.

We will stay in touch with our latest implementation efforts.

Conference Program

Wednesday 21 April (PhD Workshop)

Day Chairman: Andreas Koutoupis

08.00-09.00 Registration
09.00-09.15 Welcome by Kostas Lymberopoulos (MBA Director)
09.15-10.00 Paper 1: The Corporate Governance of Stated-Owned Enterprises and Enterprises listed on Athens Stock Exchange. Comparisons, Effects and Proposals for Improvement by Michail Nerantzidis (Panteion University)
10.00-10.45 Paper 2: The quality of internal control and the effects of the imposition of the 8th EU Directive on small-and large-capitalization companies as well as companies under state control by Georgios Kontogeorgis (Panteion University)
10.45-11.00 Break
11.00-11.45 Paper 3: The companies compliance to the regulatory authorities and its impact on the internal audit by Timos Bermperidis (University of the Aegean)
11.45-12.30 Paper 4: Determinants of internal audit contribution to strategic management by Nor Hafizah Zainal et al. (International Islamic University Malaysia)
12.30-14.00 Lunch Break
14.00-14.45 Paper 5: Risk-based internal audit model for assurance engagements by Philna Coetzee (University of Pretoria)
14.45-15.30 Paper 6: Examining the interactions between financial reporting and management accounting practices in Greek companies after the adoption of IAS by Sotirios Karatzimas (University of the Aegean)
15.30-15.45 Break
15.45-16.30 Paper 7: Financial reporting quality: definition and measurement of qualitative characteristics by Stergios A. Tasios (University of the Aegean)
16.30-16.45 Closing
20.30-22.30 Conference Dinner – Loukoumi Restaurant

Thursday 22 April

Day Chairman: Anastasios Tsamis, Panteion University

08.15-09.00 Registration
09.00-09.15 Welcome by Vassilios Angelis, University of the Aegean
Welcome by Eleni Rogdaki, Academic Conference Chair
09.15-10.15 Keynote Speaker: James Paterson, AstraZeneca PLC
10.15-11.00 Paper 1. Effective Sizing of Internal Audit Departments: A Conceptual Model and Analysis by Urton L. Anderson, Margaret H. Christ, Karla M. Johnstone
& Larry Rittenberg
11.00-11.15 Break
11.15-12.00 Paper 2. Audit Committees in the Greek banking institutions: A qualitative investigation of effectiveness by Andreas Koutoupis & Dimitrios Charamis
12.00-12.45 Paper 3. The Internal Auditing Function (IAF) in periods of crisis: Should we reduce or expand its activity? Results of empirical research by Paolo Roffia
12.45-14.15 Lunch Break
14.15-15.00 Paper 4. Evaluation of Corporate Governance criteria set for Business Ethics Award in Greece based on perceptions of different stakeholders by John Filos
15.00-15.30 Break
15.30-16.45 Workshop
16.45-17.00 Conference Reception
20.30-22.30 Conference Dinner – Grecian Castle Restaurant

Friday 23 April

Day Chairman: Andreas Koutoupis, University of the Aegean

08.15-09.15 Registration
09.15-10.45 “The effects of voluntary exercise of internal controls over Financial Reporting on Internal Auditing and Corporate Governance”
Keynote Speakers: Pavlos Pavlides (Black Sea Trade & Development Bank) & Anastasia Tzouanaki (Ernst Young)
10.45-11.15 Break
11.15-12.00 “Can we really measure internal audit effectiveness?” by Marika Arena & Giovanni Azzone
12.00-12.45 “An Examination of Internal Audit’s Theoretical Role in Enhancing Governance: The Case of Australian Public Universities” by Joe Christopher
12.45-14.00 Lunch Break
14.00-14.45 “The Role of Modern Internal Auditing and Corporate Governance in Turkey: A Benchmark Analysis on Companies with Corporate Governance Rating Scores that Listed in Istanbul Stock Exchange Corporate Governance Index (CGI)” by Tamer Aksoy
14.45-15.45 Workshop (Current IA Research)
15.45-16.15 Closing Remarks Anastasios Tsamis, Panteion University, Greece

Please do not hesitate to contact me in case you need further information at akoutoupis@ba.aegean.gr

Best Regards



Dr. Andreas G. Koutoupis MIIA, PIIA, CIA, CICA, CCSA
Conference Chair
Adjunct Lecturer
University of the Aegean