**IIA Louisville Chapter Events are held on Eastern Time**
Internal Audit at the Federal Reserve Bank of St. Louis and an Economic Update
Brian Schuler will provide an overview of the Internal Audit function within the Federal Reserve Bank of St. Louis and the broader Federal Reserve System. Chris Wallace and Hilary Powles will provide an overview of the FRS Fiscal Agent Relationship with the United States Treasury along with an explanation of how we provide assurance work in this space. Chris and Hilary will further discuss the FRB program/project audit approach that we apply in this space, specifically as it relates to auditing the lifecycle of software development projects and our current journey from existing data centers into the cloud.
Charles Gascon, Sr. Economist, will provide an update on economic conditions, with a focus on emerging developments in labor markets, inflation, and interest rates.
Presenter Bios:
Charles Gascon, Senior Economist, Federal Reserve Bank of St. Louis
Charles S. Gascon is a senior economist in the Research division at the Federal Reserve Bank of St. Louis. He analyzes economic conditions nationally and in the Eighth Federal Reserve District. He reports on regional economic conditions to the Bank president and staff economists prior to Federal Open Market Committee (FOMC) meetings. He is responsible for writing the bank’s Beige Book report on economic conditions and contributes to other bank publications. His work has been cited in the Wall Street Journal, New York Times, and in local media outlets.
He is a member of the American Economic Association and the National Association for Business Economics. Gascon has a master’s degree in economics from State University of New York at Albany and an MBA from Washington University in St. Louis.
Brian E. Schuler, AVP, Internal Audit, Federal Reserve Bank of St. Louis
Brian E. Schuler is an AVP in the Internal Audit department at the Federal Reserve Bank of St. Louis. He is responsible for contributing to the development of the annual audit plan and overseeing its execution. He reports on the status of the audit plan to relevant stakeholders, including the Bank’s Management and Audit Committees. Brian is also responsible for directing Federal Reserve System assurance work for services provided to the U.S. Treasury, as Fiscal Agent.
Brian is a member of the AICPA and the IIA. He has a degree in accounting and finance from the University of Missouri St. Louis and is a CPA, CIA, and PMP. He lives in Ballwin, MO with his wife and three daughters.
Chris Wallace, Audit Manager, Internal Audit, Federal Reserve Bank of St. Louis
Chris Wallace is an Audit Manager in the Internal Audit department at the Federal Reserve Bank of St. Louis. He is responsible for contributing to the development of the annual audit plan and overseeing the execution of assigned engagements. He is responsible for project managing System assurance engagements for services provided to the U.S. Treasury, as Fiscal Agent. Chris is also responsible for advancing department strategic initiatives, including enhancing audit analytic capabilities.
Chris is a member of the AICPA and the IIA. He has a degree in accounting from the University of Missouri St. Louis and is a CPA. He lives in St. Louis, MO with his wife and son.
Hilary Powles, Audit Team Leader, Internal Audit, Federal Reserve Bank of St. Louis
Hilary Powles is an Audit Team Leader in the Internal Audit department at the Federal Reserve Bank of St. Louis. She is responsible for conducting assigned engagement risk assessments, overseeing fieldwork, and drafting reports. She is the responsible team leader on System assurance engagements for services provided to the U.S. Treasury, as Fiscal Agent.
Hilary is a member of the AICPA and the IIA. She has a degree in accounting from the Southern Illinois University Edwardsville and is a CPA. She lives in St. Louis, MO with her husband.