11th Annual Supervisory Committee & Board of Directors Conference 2020_CU_Conference_Brochure-final | Page 18

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