9th Annual Supervisory Committee and Board of Directors Conference 9th Annual Supervisory Committee and Board of Dire | Page 9

TUESDAY, JUNE 26
10:45 a.m. - 11:00 a.m.
Break
11:00 a.m. - 12:00 p.m.
Breakout Sessions
Speaker: Kristie Kenney Hoover, NCCO - Internal Audit Manager
A Bird’s-Eye View of Financial Statements
* Qualifies for NCUA financial literacy requirement
Understanding financials is a Supervisory Committee
and boardroom essential. With a basic knowledge of
some key concepts, financial statements can reveal a
wealth of intelligence about performance, successes,
risks and rewards. Bring into focus what questions you
should be asking about your credit union’s financial
statements and resources available to help you develop
expectations. Designed for the non-financial volunteer,
this interactive session will help make sense of your
balance sheet and income statement in plain English.
Speakers: John Murnane, CPA - Shareholder, Doeren Mayhew;
George Zebegret, CPA - Senior Audit Manager, Doeren Mayhew
The Role Technology Plays in Internal Controls
With the evolution of technology, keeping adequate
internal controls can bring a host of challenges for
credit unions. Join this session to get an overview of
internal controls, the impact of technology on them and
common challenges faced in keeping them sufficient.
You’ll leave with ideas on how to monitor internal
controls and gain assurance they are working properly.
Speaker: Joseph Zito, CPA, MBA - Shareholder, Doeren Mayhew
CONFERENCE
It’s hard to stay connected to what’s happening in
the regulatory compliance realm when it’s constantly
changing. Delve into today’s “it” regulations, such
as the Bank Secrecy Act, Anti-Money Laundering
Act, Automated Clearing House; Unfair, Deceptive or
Abusive Acts and Practices, and other compliance
staples in this session. Tune in to operate at full power
with an understanding of key regulations and how to
manage compliance risks.
Regulatory Compliance Hot Spots