Mid-Atlantic Region 1 District Conference
October 22-25, 2008
Virginia Beach, VA

SESSIONS AND SPEAKERS

 

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Business Continuity Planning - Auditing the Unthinkable

Session Synopsis

This presentation will focus on Business Continuity Planning in organizations, why it should be audited and what should be included and considered.

 

Dave Hart

As Director of IT Audit Services - Mid-Atlantic Region for NETBankAudit, David Hart (CISA) manages the IT audit function in the Mid-Atlantic region and oversees the QA and training functions. Prior to joining NETBankAudit, David served as a bank examiner and IT technical consultant for the Federal Reserve for over 15 years. As a Senior Advisory IT Bank Examiner, David participated and led numerous examinations of community banks, large financial institutions, regional data centers, and IT service providers. He was also responsible for staff development, report review, and public policy, speaking on such matters as "How to Prepare for an IT Exam," "GLBA 501(b) Compliance," "Business Continuity," and "IT Audit." As a Senior IT Technical Consultant, David participated and led several audits of the national Federal Reserve Information Technology (FRIT) function and U.S. Treasury systems. He also served as an audit liaison to several System Development Life Cycle (SDLC) projects within the Federal Reserve System. Mr. Hart is a distinguished graduate of the Virginia Military Institute. Additionally, he has attended numerous banking and information technology seminars and schools including the North Carolina Bankers School at UNC and the Graduate School of Bank Operations and Technology at Vanderbilt University.

 

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Business Continuity Planning -The Twin Tower Factor 

Session Synopsis

The presentation will fully explore the chronology and impact that a disaster has on an institution, focusing on crisis management and the role of internal audit during a disaster situation.  We will review the impact of the events of 9/11 on The Bank of New York as well as the August 11, 2003 Northeast power outage.  A review of all aspects of the disaster will be covered, including key decision points, Command Center reaction, communication issues, the keys to a successful recovery and the response by the regulators.  Also covered will be the lessons learned by the Bank, industry and the regulators.  Finally, what the role of Internal Audit is in a disaster will be evaluated. 

 

What you should expect to take away from the presentation is a better appreciation of what to expect in the event of a disaster, tips on how to respond, and ideas for what role your Audit group should play in the event of a disaster.



Kevin Piccoli

Kevin C. Piccoli, CPA joined The Bank of New York Company, Inc. in May 2001.  Kevin has recently been asked to establish a corporate consulting group which focuses on business reengineering, product enhancements, apply imaging indexing technology and analyze, reengineer process flows and other strategic initiatives.  Additionally, Kevin is also an integral member of The Bank of New York/Mellon Financial Integration PMO Team.  From May 2001 through November 2006, Kevin was the Chief Auditor of the Company responsible for the global audit function.  In this role, he was responsible for the global audit function and reports directly to the Audit and Examining Committee of the Board of Directors, with an administrative reporting line to the CEO.  Kevin is a member of the Bank’s Sensitive Issues Oversight Committee, Disclosure Committee, Technology Oversight Committee, Operational Risk Committee, and Market Risk Committee.   

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Auditor's Presentation and Writing Skills - Dynamic Executive Communications

Session Synopsis

Study after study shows that clients and employers value communication skills above all others.

The key to effective communication includes:

+ Creating a professional presence that projects quality
+ Proper balance of body language, executive presence and personality interaction

In addition, the written word is also important.  While the average letter, memo, report, or e-mail has so many grammatical and content errors that it loses its effectiveness there are simple shortcut solutions that will improve your written communication.  This engaging seminar explores all of the qualities that contribute to a professional presence and an effective written message. 

 

Kathy Crosby

Kathy Crosby is on the adjunct faculty with the Center for Corporate and Executive Education at Virginia Commonwealth University School of Business in Richmond, Virginia.

Kathy has been involved in training and development for a number of years working with individuals and groups in different corporate, government and college environments.  Previously, Kathy was on the adjunct faculty with the Management Institute at the University of Richmond.  In addition, Kathy worked with the United States Government primarily as a communications consultant for the Central Intelligence Agency in Langley, Virginia.

Kathy holds an M.A. degree in Communications Studies from the University of Virginia and a B.S. (cum laude) in Business Management from Virginia Tech.  She is a member of Phi Kappa Phi (National Honor Society) and Beta Gamma Sigma (National Honorary Society for students of business management).

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Making Corporate Governance Part of Your Audit Plan


Session Synopsis

Governance, risk and compliance (GRC) is a topic everyone is talking about, but often with different definitions.  At a high level, GRC isthe convergence of all of the various initiatives an organization may be facing that deal with these issues.  This session will review different aspects and definitions of GRC and how it blends with and affects theexecution of an internal audit department's role.

 

Jim Larsen

As Director of Operations, Mr. Larsen helps guide direction, set practice standards, and monitor engagement risk for the audit, risk and compliance service line of Resources Global Professionals.  In this role, Mr. Larsen has worked extensively with numerous clients in helping them establish processes to comply with the Sarbanes Oxley Act, reengineer audit processes, and implement strategic co-sourcing solutions.


Prior to joining Resources, Mr. Larsen was with Cargill, Inc. for 21 years serving in a variety of management positions in internal audit, accounting, I/T, project management, and human resources.  He spent eight years in Cargill’s Worldwide Audit Department, five of those as the Worldwide Audit Manager for Information Technology and Reengineering.


While he was the Worldwide Audit Manager for Information Technology and Reengineering, Cargill’s Audit Department migrated to a risk driven, integrated audit approach.  The staff transitioned from primarily entry-level people, to professionals with an average of 10 years of experience.  In 1998, Cargill’s Internal Audit Department won CFO Magazine’s Reach Award for Excellence in Internal Auditing.


Mr. Larsen has extensive experience in business process redesign, multi-process risk assessment, strategic planning, the total quality process, and integrated system controls.  While at Cargill, he designed an audit approach integrating the assessment of operating system, application, and manual control processes.  He has led numerous seminars and workshops on Sarbanes Oxley, internal controls, corporate governance, and internal auditing.

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Fraud Risk Management: The Auditor's Role in Prevention, Detection & Handling


Session Synopsis 

When will it stop! The fraud expectations placed on professional auditors seem to grow each year.  Many managers expect that every auditor has extensive training and experience in addressing fraud risks and incidents.  Yet most auditors will acknowledge that handling misconduct and fraud issues, while interesting, is an area of great uncertainty.  

As a result of Sarbanes-Oxley Act and other publicized regulations, the time has never been better to sell organizations and their leaders on "best of the best" fraud risk management ideas. Using real world examples of what has gone wrong and best practices for fighting fraud this session will address:  

• The auditor’s role in fraud risk management
• Best practices for deterrence and prevention
• Conducting a “Comprehensive Fraud Risk Assessment”
• Think like a thief: developing a fraud risk profile for audit assignments
• Discovery based audit procedures: using audit testing, fraud-based inquiries and monitoring to surface fraud 

   symptoms
• Special challenges from third party relationships
• The auditor’s role in fraud incident response


John Hall

John has 30 years of experience as a consultant, speaker and business owner, an in public accounting, internal auditing and corporate management positions.  He is a member of the American Institute of CPAs and the Institute of Internal Auditors.  He was chair of the 2003 AICPA National Conference on Fraud.

Through his programs, John helps clients create a comprehensive anti-fraud environment; identify and assess areas of exposure to wrongdoing. misconduct and fraud; strengthen fraud prevention and detection controls; build world-class audit organizations; and enhance personal and professional effectiveness.

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Introduction to IT Risks and Controls

 

Session Synopsis

Topics covered to include:  IT Risks and Business Impact, Computer Technology Overview, IT General & Application Controls Overview and Common IT Deficiencies & How to Avoid Them.

 

Neal W. Beggan

Mr. Beggan is an Senior Audit Manager in the Information Technology Audit Group (ITAG) of Cherry, Bekaert & Holland (CB&H). With the professional designation as a Certified Information Systems Auditor (CISA), he has over ten years of IT audit, consulting and compliance experience. He has performed information technology reviews in the following compliance areas: Sarbanes-Oxley 404, FISCAM, OMB A-130 and SAS 70. At CB&H, Mr. Beggan is responsible for the planning, staffing, management, and review of engagement work in addition to specialized fieldwork performance where greater expertise and experience is required. 

Prior to joining Cherry, Bekaert & Holland, Mr. Beggan worked at an international accounting and management firm as an IT manager where he was responsible for managing Sarbanes-Oxley 404 assistance projects for accelerated and non-accelerated filers across numerous industries.  He provided end-to-end project management for clients to ensure compliance with Sarbanes-Oxley 404 requirements, performed walkthroughs, testing and remediation for IT entity level controls, IT general controls and IT application controls, assisted in the design and implementation of baseline IT processes and controls and streamlined IT control processes, reducing the number of key controls, and improving the efficiency of testing the controls. Environments included in the testing described above were UNIX, Windows 2003, Active Directory, Oracle Financials and Oracle DBMS, SAP, PeopleSoft, SQL Server, as well as numerous commercial off-the-shelf (COTS) and internally developed systems. In addition, he managed co-sourced internal audit projects for profit and non-profit organizations and was responsible for completing assessments to identify key IT and business risks and recommending practical solutions to mitigate those risks; performing operational audits to identify cost savings and revenue opportunities; and, improving existing Internal Audit Methodologies in the areas of Information Technology for large corporations. Mr. Beggan also was responsible for leading corporate-wide training on all IT Audit practice lines and Sarbanes Oxley IT custom developed methodology.

Mr. Beggan obtained a Bachelor of Business Administration in Finance with a concentration in Computer Information Systems (CIS) from James Madison University. He is a Certified Information Systems Auditor (CISA) and an active member of the Information Systems Audit Control Association (ISACA).

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Payroll Fraud and Continuous Monitoring Activities

 

Session Synopsis

This session will include a case study surrounding a complex payroll fraud in which funds were diverted from the IRS and the State to both existing and terminated employees.  The case study is a real life example of what can happen when the payroll department is not given the appropriate level of attention that it needs.  The presenters will share the steps taken during the investigation, including what pitfalls to avoid, where the control breakdowns were, audit techniques used to identify the fraud, and the continuous monitoring routines can be used by any organization. 

 
Darlene Fitzpatrick

Darlene FitzPatrick, CIA, CFE, CCSA is a Director of Internal Audit for Bon Secours Health System, Inc (BSHSI), a $2.7 billion not for profit Catholic Healthcare System founded by the Sisters of Bon Secours. Bon Secours Health System provides healthcare services to eleven communities in nine states.  Darlene has been with Bon Secours for approximately eight years.  


Prior to Bon Secours she served as an internal auditor for the Medical College of Virginia.  She holds a Master of Business Administration with a concentration in Healthcare Management degree, and is a Certified Internal Auditor, a Certified Fraud Examiner, and is certified in Control Self Assessment.  She also serves as a volunteer instructor for the Institute of Internal Auditors (IIA), and is an active member of the Central Virginia IIA chapter.
 

Jerry Diley

Jerry Diley, CISA, CFE is a Senior IS Audit Manager for Bon Secours Health System, Inc (BSHSI), a $2.7 billion not for profit Catholic Healthcare System founded by the Sisters of Bon Secours. Bon Secours Health System provides healthcare services to eleven communities in nine states.  Jerry has been with Bon Secours for approximately eight years.
 

Prior to coming to Healthcare, he served as Manager of Internal Audit for a manufacturer of active wear.  He has over 20 years in internal audit and fraud investigations.  Jerry holds a BS from the University of Akron, and is a Certified Information Systems Auditor and a Certified Fraud Examiner.  He has served as past president of a local IIA chapter; served as  an advisory board member for a vocational school; and was a former instructor at the University of Akron.


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CIA Exam Review

This year, all four parts of the CIA Exam will be covered in the CIA Exam Review.  Part 1 will be offered all day Wednesday, October 22; Part 2 all day on Thursday, October 23; Part 3 will be covered on Friday, October 24 and Part 4 is a half-day session on Saturday morning, October 25.

Glenn E. Sumners, DBA, CIA, CPA, CFE is on the faculty of Louisiana State University where he teaches internal auditing in the Center for Internal Auditing. Prior to receiving his DBA at the University of Tennessee, he received a BS and MA from the University of Alabama.

Professor Sumners has over ten years professional experience in industry, consulting, and public accounting. This experience includes three years as the Controller of ESP.

Professor Sumners has authored two IIA Monographs, “Developing the Internal Auditor’s Leadership Skills” and “Conducting Internal Audit Interviews.” In addition, he has authored articles in Managerial Auditing Journal, Auditing: A Journal of Practice and Theory, Internal Auditing, Internal Auditor and others. He serves on the Internal Auditor Editorial Advisory Board and the editorial team of the International Journal of Auditing. He currently serves as an IIA Research Foundation Trustee.

He is the Director of the Louisiana State University Center for Internal Auditing. He was named Educator-of-the-Year in 1987 by the IIA and received the LCPA Lifetime Achievement in Accounting Education Award in 1999. Twelve students from the LSUCIA Program have won international awards for the highest score on the CIA exam. He received the 2001 CIA Academic Outreach International Award.

In the last 15 years, Professor Sumners had made over 850 presentations to companies, organizations and IIA Chapters. This list includes over 150 CIA exam reviews in 35 cities and 7 countries. In addition, he provides quality assurance and consulting services to internal audit departments and audit committees. He is a co-presenter in the IIA/LSUCIA Vision University Program.

 




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