CERN Audit Committee - First meeting
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Europe/Zurich
60/2-023 (CERN)
Ossi Malmberg
(Academy of Finland)
Description
Conference Rooms 60-2-23 and 61-1-009 (Room C)
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09:00
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09:05
1. Approval of the minutes of the 29th SACA Meeting on 1st March 2017 5m 60/2-023
- 09:05 → 09:10
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09:10
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09:15
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09:15
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09:35
4. Report from the Chair on Finance Committee and Council sessions of March 2017 20m 60/2-023
Oral
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09:35
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10:05
Oral
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a) Open recommendations update 15m
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b) Approved plan for 2017 – update on activities 15m
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10:05
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10:35
6. Presentation by the PFMU of PF Annual Report and Financial Statements for the year ended 31 December 2016 30m 60/2-023
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10:35
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11:20
7. Financial audit by the Pension Fund specialized internal auditor 45m 60/2-023
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a) Management letter on the Financial Statements for the Financial Year 2016 10m
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b) Report of the specialized auditor to the PFGB on the Special Purpose Financial Statements 2016 20m
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PF - Report on the ICS assessment 2016 15m
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11:20
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11:35
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11:35
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12:05
8. Audit of the Financial Statements of the CERN Pension Fund 30m 60/2-023
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a) Report by the External Auditors 15m
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b) Recommendations in 2017 from the External Auditors and comments from the CERN Pension Fund Management 15m
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- 12:05 → 12:35
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15:00
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16:30
Dinner for Audit Committee members in the Glass-Box 1h 30m
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09:00
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09:05
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04:30
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05:00
10. Presentation by the CERN management of CERN Annual Progress Report for the sixty-second financial year 2016 and comments from: 30m 61-1-009 (Room C)
61-1-009 (Room C)
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a) the SPC, b) the FC, 20m
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c) the External Auditors 10m
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05:00
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05:30
11. Presentation by the CERN Management of CERN Financial Statements for the year ended 31 December 2016 30m 61/1-009 - Room C
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05:30
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06:30
12. Audit of the Financial Statements of the Organization 1h 61/1-009 - Room C
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a) Report by the External Auditors 30m
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b) Recommendations in 2017 from the External Auditors and comments from the CERN Management 30m
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06:30
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06:45
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06:45
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07:30
13. Interaction of the External Auditors with and reliance on: 45m 61/1-009 - Room C
Oral
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a) CERN Internal Audit 20m
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b) Pension Fund Internal Auditors 25m
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07:30
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08:45
Lunch for AC members (Restaurant No1 Glass Box) 1h 15m
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08:45
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09:45
14. Report on the Council’s working group on the governance of the CERN Pension Fund 1h 61/1-009 - Room C
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09:45
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10:15
15. Profile for new Audit Committee professional member as of 1.1.2018 30m 61/1-009 - Room C
Oral
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10:15
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10:30
Coffee break 15m
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10:30
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10:35
Oral
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10:35
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11:20
17. Key messages from the Audit Committee to the Council 45m 61/1-009 - Room C
Oral
- 11:20 → 11:35
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04:30
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05:00