WEDNESDAY, MAY 17
7:30 a. m. – 8:15 a. m.
Breakfast
8:15 a. m. – 8:30 a. m.
Announcements
8:30 a. m. – 10:00 a. m.
General Session
Overseeing the Internal Audit Function When it comes to monitoring internal controls, and ensuring credit union policies and procedures are being followed, volunteers play a very important role – especially when it comes to overseeing the internal audit function. However, many volunteers struggle with the extent to which they should be involved in developing and assessing the quality of the audit plan; providing input on the risk assessment and setting expectations for the internal audit department. Discover some of the“ best” and“ worst” practices observed when it comes to managing a high-quality, effective internal audit function.
Speakers: Douglas Orth, CPA, CFE- Shareholder, Doeren Mayhew; Bob Parks, CPA- Shareholder, Doeren Mayhew
10:00 a. m. – 10:15 a. m.
Break
10:15 a. m. – 11:15 a. m.
Concurrent Breakout Sessions
Successful Risk Management for Commercial MBL Portfolios Whether you’ re looking to expand or develop your member business lending( MBL) program, you must have a concrete strategic plan that aligns with the credit union’ s overall goals to ensure long-term success. Join us as we open the door to member business lending and discuss how to evaluate your existing infrastructure, manage credit and collateral risks, and navigate the complexities of new MBL regulations. Discuss the role of the Supervisory Committee, in collaboration with internal audit and third-party vendors, in performing a MBL risk-rating system review to mitigate and identify changes in your credit union’ s commercial loan portfolio.
Speaker: Robin Hoag, CPA, CGMA, CMC- Shareholder, Doeren Mayhew