57th IIA Chicago Annual Seminar
 
Monday 04/03/2017
7:00 am - 8:00 amRegistration - Continental Breakfast, Exhibitors & Networking
8:00 am - 9:40 amLife Would Be Easy If It Weren't For Other People
Speaker: Connie Podesta, Founder, CEO, Owner, President, Connie Podesta Presents
Difficult people? Move over! Crazy demands? Under control! Critical conversations? No problem! Imagine what you could accomplish if you could decode the mystery of human behavior and truly understand what makes people do what they do and say what they say (including yourself!). Research shows that the #1 key to SUCCESS is the ability to get along with other people. At work and at home. 

With laugh-out-loud humor, killer take-away strategies and her amazing insights into ourselves and others (including a few who “drive you crazy”), Human Relations expert Connie Podesta will both challenge you and empower you with the knowledge you need to get along better with the people in your life. Connie will take you right inside the minds and personalities of the people you deal with every day--bosses, colleagues, partners, customers, friends, and family-- so YOU can ACT, rather than REACT to whatever life throws your way. Get ready for less stress and more success!
9:40am - 10:00 amTransition and Refreshment Break, Exhibitors & Networking
10:00 am - 10:50 amHow to Comply and Audit ASC 606 - Revenue Recognition Accounting Standard
Speaker: Randy Staggers, Partner, Baker Tilly
Session description: ASC 606 (ASU 2014-09, Revenue from Contracts with Customers) presents major changes to the manner in which companies account for revenue. Randy will delve into the five key elements of ASC 606 and the new concepts of collectability, variable consideration, financing, performance obligations and modifications. The session will also explore the importance of accompanying internal controls to assist with this transition and future state revenue recognition processes and procedures.

https://www.eiseverywhere.com/file_uploads/1d1af5284d6a9f3011f9d63ebf8d499d_B3HowtoComplyandAuditASC606-RevenueRecognitionAccountingStandard.pdf
10:50 am - 11:05 amTransition Break, Exhibitors & Networking
11:05 am - 11:55 pmBuilding Excellence into Practice
Speaker: Yulia Gurman, Director, Internal Audit & Corporate Security, PCA
Speaker: Ellen Caya, VP& Global CAE, Various

We will cover how you work excellence in practices around developing people, core audit department processes and audit tools and technology.


https://www.eiseverywhere.com/file_uploads/b25e954bd9e8cd3dac2bd7bc5f0141d2_C3BuildingExcellenceintoPractice.pdf
11:55 am - 12:50Lunch

Lunch Menu:

Salad

Romaine, Roasted Red Peppers, Cucumber, Goat Cheese Crostini

Entree

Bourbon Glazed Grilled Chicken, Parsnip-Youkon Gold Potato Puree, Sauteed Green Beans, Fried Onions, Rolls & Butter

Dessert

Cheesecake, Raspberry Sauce

Beverages

Coffee, Tea and Brewed Decaf.

Pitcher of Ice Tea at each table



12:50 am - 1:00 pmTransition Break, Exhibitors & Networking
1:00 pm - 2:40 pmGet Ready for The Gen Z Effect
Speaker: Tom Koulopoulos, Author The Gen Z Effect, Futurist, Keynote Speaker, Inc 500 CEO, Delphi Group
Drawing from his book, The Gen Z Effect, Tom Koulopoulos delves into a vision of the future that will disrupt every aspect of how we work, live and play. From radical new approaches to marketing and manufacturing to the potential obliteration of intellectual property and the shift to massively open online classrooms, he provides a mind-bending view of why we will need to embrace Gen Z as the last best hope for taking on the world's biggest challenges and opportunities, and how you can prepare yourself and your business for the greatest era of change and advancement the world has ever experienced.
2:40 pm - 3:00 pmTransition and Refreshment Break, Exhibitors & Networking
3:00 pm - 3:40 pmProcess Mining Analytics for Internal Auditors
Dr. Borinara Park, Director, Quality Management Analytics, Illinois State University
Investigation of a business system typically starts with understanding and analyzing its processes in question. In particular, the process mapping has been a popular technique for internal auditors to visualize and document the operational flows and procedures. It is a powerful tool but it is also criticized for its inefficiencies and suffers greatly from multiple weaknesses. Specifically, the process mapping could be: time-consuming (taking multiple days and weeks), resource-heavy (in its data collection and analysis effort), dependent on inaccurate and biased data (from interviews and subjective views), to name a few. In this presentation, a new analytics tool, a “process mining” methodology, is introduced as a way of overcoming these weaknesses and enabling auditors to conduct unbiased and fact-based process discovery, conformance checking, and process analysis. 
3:50 pm - 4:10 pmTransition Break, Exhibitors & Networking
4:10 pm - 5:00 pmBuilding a Spend Review Program in Audit
Speaker: Nathan Anderson, DVP Internal Audit, Sears Holdings
Speaker: Eric Gee, Director Internal Audit, Sears Holdings
There is an opportunity in many organizations to reduce fraud and waste in high risk areas such as travel, purchase cards, and purchasing. Organizations such as Finance and Procurement, which may be tasked with the monitoring responsibilities, often do not employ a rigorous program of consistent and continuous oversight. Internal Auditors can aid their organization by partnering with existing second line of defense functions and either implementing a program or ensuring that the existing program is effective. During this session, Sears will share our experiences partnering with other business units, building our own fraud and waste monitoring programs, and supporting those programs with offshore teams and software. We will share the lessons that were learned the hard way, the value of these program building efforts, and the potential benefits for other audit departments that are considering such an endeavor.
5:00 pm - 6:00 pmReception, Exhibitors & Networking