Wednesday, June 24
How Highly Effective Volunteers Produce Good Governance
Wednesday, JUNE 24
Do This, Not That – Top 10 Audit Findings
What are the most common traits of highly effective volunteers? It’s
your responsibility to not only follow your instincts, but sharpen them as
well. At times, you may be required to lead and others, follow. Learn how
to do so effectively in order to present thoughts or alternatives, critique
a position and even express unpopular opinions. Doing so properly can
produce healthy, well-realized governance. Want to avoid surprises on your upcoming financial statement
audit? Join Lori Carmichael and Jeanine LaBarbera as they countdown
the top 10 common audit deficiencies, discuss the impact of these
findings and provide you with the tools to position your credit union for a
clean audit.
>> Speakers Lori Carmichael, CPA, Shareholder – Doeren Mayhew
Jeanine LaBarbera, CPA, Audit Manager – Doeren Mayhew
Bob Parks, CPA, Shareholder – Doeren Mayhew
Brandon Wilson, CPA, Senior Audit Manager – Doeren Mayhew
>> Speakers
Analyzing Your Strategic Risks
ALM Check-Up: Assessing the Health of Your Credit Union
Do you know how the health of your credit union is doing? Join
Melissa Scott in this intriguing session to discuss trends impacting net
interest income and interest rate risk, how interest rate risk is assessed,
and ways to interpret your asset liability management (ALM) reports to
help determine the health of your credit union.
>> Speaker
Melissa Scott, Vice President, ALM Services – Vizo Financial
Strategic risk management is a crucial, but often overlooked and
misunderstood aspect of enterprise risk management (ERM). In this
session we will provide the fundamentals of ERM, but will mainly focus
on strategic risk management and the role you play as a volunteer in
the process. You’ll learn how strategic risks are identified, measured
and monitored, and how this analysis is vital to ERM in order to limit the
credit union’s exposure to uncertainty in its movement into the future.
>> Speaker
Joseph Zito, CPA, MBA, Shareholder – Doeren Mayhew
11:00 a.m. - 11:15 a.m.
Break
11:15 a.m. - 12:15 p.m.
Breakout Sessions
Internal Audit Reports – What to Look For
The audit standards have some specific guidelines as to what an
internal audit report should look like. However, a lot depends on who
the users of the reports are as well as “their” expectations. For instance,
the Supervisory Committee, management and regulators often have
different objectives and preferences when it comes to reporting audit
results. This session will explore the challenges and variations internal
auditors and committees face when it comes to audit reporting.
>> Speaker
Dan Moulton, CPA, Shareholder – Doeren Mayhew
12:15 p.m. - 1:45 p.m.
Lunch and Think Tank Wrap-Up
1:45 p.m. - 2:45 p.m.
General Session
Playing Defense When It Comes to Cybersecurity
Cybercriminals are constantly changing up the game plan with
innovative hacking schemes – from ransomware and phishing attacks, to
cryptojacking. Given cybersecurity is one of the most dynamic risks to
manage, your credit union needs to remain on the defense. Run through
the current threats hitting credit unions and how to be in a position of
strength to defend against them come game time in this must-attend
session.
>> Speaker
Brad Atkin, CPA, CISA, CITP, SOC, Shareholder – Doeren Mayhew
2:45 p.m. - 3:00 p.m.
Closing Statement