IIA May 2021 Zoom Webinar

IIA May 2021 Zoom Webinar -

Day 1: Continuous Improvement & Internal Audit’s Role
Day 2: Fraud & Ethics A Deep Dive Case Analysis – How ethics and internal controls are central to a strong control environment

Date/Time: Tuesday, May 18th - Wednesday, May 19th from 8AM to 12PM CST each day

Cost: $50 for Members, $75 for Non-Members, $25 for Students

Registration Deadline: Friday, May 14th at 5PM

CPE: 8 Hours (two 4-hour sessions) - 4 hours Auditing (Day 1) and 4 hours Ethics (Day 2)

Webinar information will be emailed before the event date, after registration for the event is closed. This will be a joint presentation between the IIA Baton Rouge and New Orleans chapters.

Description:

Day 1 Tuesday 05/18/2021 8:00 am - 12:00 pm
Speakers: Chad Bourque, CIA, Continuous Improvement Manager, Community Coffee & Chad Smith, Lean Master and Six Sigma Master Black Belt, Continuous Improvement Solutions LLC

Do you have processes you want to improve but don't know what you can do to make a change? The Continuous Improvement (CI) approach uses the best tool or method to solve a specific problem. Throughout this session we will introduce you to the basics of Continuous Improvement and conduct activities in working group to understand that there isn't just one way to solve a process problem! The workshop with include the following topics:

Introduction to Continuous Improvement
Defining and understanding the Eight Process Wastes
Determining Value Added versus Non-Value Added Activities
Power of the Affinity Diagram and presenting results
Round Table Discussion and Q&A
Action Planning and Closing Remarks

Day 2 Wednesday 05/19/2021 8:00 am - 12:00 pm
Speaker: Christine Dever Homack, CPA/CFF, CFE,Owner, Accountabilities Consulting Services, LLC

The ability to commit fraud is inherently based on pressure, opportunity and rationalization. Many of you know that is the basic definition of the fraud triangle. Add to that the “perfect storm” of the pandemic, social unrest and natural disasters, and some would say the line has now moved.

In our session we will discuss how the current environment we are in, both internal and external, plays a significant role in your need to keep a pulse on multiple situations and how you must pivot, think out of the box and remain agile. We will review heightened and new changes that can challenge the most mature ethics policies already in place in an organization and how those changes could be devastating to ones with weak or no policies. We will review some unusual cases where the signs of fraud are not immediately obvious; yet in hindsight, some of the basic pitfalls may be clearly evident. We will discuss similarities and differences among these cases vs. current trends amidst the pandemic - what many saw and continue to see as the perfect window of opportunity to make a buck. Increased pressure begets further rationalization during the pandemic, which has restricted our ability to function. The economy turned on a dime, and unemployment is at one of the highest percentages in our recent history. These sessions will provide examples of how a strong ethical culture in a business can be essential and critical to the survival of that organization, given what we are all dealing with now.

We will tie some headline cases to the most recent, updated statistics and schemes, based on the ACFE 2020 Report to the Nations. Using these cases, we will analyze and discuss examples of fraud, highlighting details of how, when, where and what caused these frauds to occur. We will review and identify critical steps that those within an organization can take to assess and communicate how an ethical culture, in tandem with internal controls, can prevent, detect and deter fraudulent activities; and how they must continue, although they may look different, in a remote environment.

Objectives:

Review why ethics matter and why especially now these policies should be reviewed and reinforced at every level.
Review and identify how values of both the organization and its employees can affect decisions made and the effect these decisions may have on both prevention and deterrence.
Show how to watch out for Ethical Blind spots and Bias.
Provide examples of how frauds occurred and how ethics or lack thereof could have been part of the root cause.
Provide in-depth discussion about real life cases, how those frauds occurred and how ethics or lack thereof could have been part of the root cause. to arm you with the tools to help you prevent, detect and deter fraud in your organization or for your clients.
Discuss how ethics play a key role in the strength and functionality of your internal controls and fraud prevention, detection and deterrence.
Discuss and determine the best practice methods you can use to review and analyze your current ethical practices and policies in place and how they may need to be modified in light of our current environment.

	Chad Bourque, CIA Continuous Improvement Manager Community Coffee Bios: Chad is an Internal Audit, Risk Management and Continuous Improvement professional with over 10 years of global experience in both industry and professional services. Chad has experience with managing internal audit functions, establishing and developing Enterprise Risk Management programs and is currently focused on implementing Continuous Improvement initiatives across all areas of business.

	Chad Smith Lean Master and Six Sigma Master Black Belt Continuous Improvement Solutions LLC Bios: Chad Smith applies continuous improvement methodologies to help organizations leverage their scarce human and material resources through breakthrough improvements. Chad has 24 years of Continuous Improvement experience in retail, manufacturing, refining, high-tech and food. He has led and guided process and product improvements for Wal-Mart, Gates, ExxonMobil and Black and Decker. Chad’s leadership experience includes quality management for Black and Decker utilizing Continuous Improvement tools as the enabler for breakthrough improvements. This experience is underpinned with an in-depth application of strategy deployment and metrics to drive and measure progress. As a seasoned Continuous Improvement practitioner, Chad has helped many companies drive breakthroughs by helping organizations find their TruNorth through strategy deployment, uncover the major constraints through Value Stream Mapping and focus on the vital few improvements needed. One example is a fortune 100 company that drove a 60% reduction in worker's compensation costs through Kaizen (an $8MM annual spend on litigation- definitely a series of bunts and singles to win the game). In addition, an emissions tester we serve in NE Oklahoma has eliminated waste approaching nearly 10% of their annual revenue. The teams we work with do an amazing job- very proud of their hard work for sure! Chad continues to leverage his passion for helping people through adult facilitation and executive coaching through his business. Chad utilizes the adult learning model to effectively engage, transfer knowledge and give confidence to the participants he serves whether it be the most basic tool training or the most advance Lean Six Sigma Black Belt Curriculum. Chad works to maintain a fun and energetic classroom that keeps participants in the training moment, eliminating their potential to be distracted. In the same way, Chad makes project work with teams engaging and interesting. Above all, Chad sees he and the team’s work each day as an opportunity to give doses of hope. Through the premise of (GI)^2 (that is Give it and You will get it), servant leadership is the cornerstone of leading culture change. Chad is an American Society for Quality (ASQ) Certified Six Sigma Master Black Belt (#8). He also maintains his ASQ Certified Six Sigma Black Belt (# 4615) as well as being named an ASQ Fellow in 2016. Chad is the past-chair of the ASQ Master Black Belt Exam Review Committee. Chad is also the past-chair of ASQ’s Six Sigma Forum advisory council.

	Christine Dever Homack, CPA/CFF, CFE Owner Accountabilities Consulting Services, LLC Bios: Christine has had her own CPA and consulting practice Accountabilities Consulting Services, LLC for over 14 years. Her firm specializes in internal control development, fraud prevention and forensic accounting, audit preparation services, grant compliance & reporting, audit – internal and external, training and development of management, staff, and governance groups, and human resource consulting. Christine is a Certified Public Accountant (CPA) in the State of Florida, Certified in Financial Forensics (CFF), and a Certified Fraud Examiner (CFE). She has over 25 plus years’ experience in both private and public accounting as well as human resources and information technology for non-profit and for-profit organizations. She has served as a Chief Financial Officer and Controller both in nonprofit and private industry. She has over 25 years in public accounting, primarily auditing, but also in fraud, tax, and litigation. She has over 13 years in Internal Audit and over 13 years combined experience in human resource management and information technology at executive levels. Her career has touched several industries including but not limited to Higher Education, Governmental, Health & Human Services, Financial Services, and many more. Christine graduated from Florida State University with a Bachelor of Science in Management, concentration in Human Resources. In addition, she graduated from Tampa College with a Bachelor of Science in Accounting, Summa Cum Laude and a Masters of Business Administration, with concentration in Accounting, Magna Cum Laude. Christine Dever Homack is the past President and Training Director for the Tampa Bay Chapter of the Association of Certified Fraud Examiners (ACFE) and served as an officer for over 13 years. Christine is the former Vice Chairman of the ACFE Foundation Board, Treasurer, and Director for 2 years. Christine currently serves on the Board of Directors for the University of Tampa’s Center for Ethics. Christine is a member of the American Institute of Certified Public Accountants (AICPA), and the Florida Institute of Certified Public Accountants (FICPA). Christine is also a member of the Internal Institute of Auditors (IIA) for both the national and local chapters and a member of Florida Government Finance Officers Association (FGFOA). Christine is a participant in the Tampa Bay Economic Crimes Task Force and has served on Advisory Boards for local nonprofits and volunteers for many events.