A riveting look at the perpetrators, victims, and whistleblowers behind financial crimes, from forensic accounting expert and documentarian Kelly Richmond Pope. Have you ever wondered why Bernie Madoff thought he could brazenly steal his clients' money? Or why investors were so easily duped by Elizabeth Holmes? Or how courageous people like Jeffrey Wigand are willing to become whistleblowers and put their careers on the line? Fraud is everywhere, from Nigerian "princes," embezzlers, and Ponzi schemers to corporate giants like Enron and Volkswagen. And fraud is costly. Each year, consumers, small businesses, governments, and corporations lose trillions of dollars to financial crime. We're so accustomed to hearing about fraud that our abilities to identify it and speak about it are limited. No more. In "Fool Me Once," renowned forensic accounting expert Kelly Richmond Pope shows fraud in action, uncovering what makes perps tick, victims so gullible, and whistleblowers so morally righteous, while also encouraging us to look at our own behaviors and motivations in the hope of protecting ourselves and our companies. By the time you finish this book, you'll have a better understanding of--and perhaps even compassion for--perpetrators, a renewed connection to victims, and an appreciation for those who blow the whistle. Filled with fascinating stories and insightful analysis, "Fool Me Once" will open your eyes and challenge your thinking. It will inspire you to question your own preconceived notions about fraud. It will challenge your beliefs about yourself and other people. And it will help you understand a phenomenon that most of us fail to grasp--until it's too late.

CPE: 2 hours

Field of Study: Behavioral Ethics

Knowledge Level: Basic

Prerequisites: None

In the three lines of defense model, multiple assessment groups are tasked with assessing risk.  Performing an integrated risk assessment and coordinating across the lines of defense benefits stakeholders and regulators by providing one consistent view of risk across the enterprise.  In this presentation, we will discuss how three groups at a heavily-regulated Systemically Important Financial Market Utility (SIFMU) aligned their view of risk across the Corporate Risk, Compliance and Internal Audit teams, and obtained first line agreement with the risk profile.  While the three teams utilize the outputs in different ways, the work to align the inherent risks and the quality of risk management provided stakeholders with transparency and value.  

We will also discuss the aligning the components used for the risk assessment, including working to make it data-driven, objective, and automated, while still incorporating qualitative components.  We will discuss how to use information captured in GRC tools and via stakeholder engagement can be used to enhance risk assessments.  We will also touch on how the changes was communicated to management to stakeholders.

The learning objectives for this session are:

1. Understand ways to coordinate across lines of defense
2. Understand how standardization across the lines of defense can benefit assessment teams and stakeholders
3. Understand how to use quantitative and qualitative data to drive risk assessments
4. Understand how communication with stakeholders worked to make the change successful

CPE: 1 hour

Field of Study: Auditing

Knowledge Level: Intermediate

Prerequisites: None

In today’s competitive job market, recruiting and managing Internal Audit talent is a top priority for every Chief Audit Executive. This panel will address the worldwide and Chicago specific landscape for recruiting and managing the internal audit group. The pandemic significantly impacted all work environments and present many new challenges to the audit environment. The panel will have a variety of solutions that may work from large to small internal audit groups. This session will be interactive and expect to come out with ideas, along with strategies to improve your overall audit resource management.

In this session, participants will learn about:

• Solutions for finding and staffing that work in the future
• Recruiting the right Internal Audit talent by understanding the Next Generation Internal Auditor
• Strategies developing and managing for internal audit resources

CPE: 1 hour

Field of Study: Auditing

Knowledge Level: Intermediate

Prerequisites: None

Investigate an ethical dilemma with Red Flag Mania, where you and your team determine the outcome. Lives are at stake, but so is the bottom line. As an excutive, your decisions matter. Time is ticking, the company is burning through money, and stakeholders are at odds. Choose your own adventure, the ultimate decisions are in your hands.

CPE: 2 hours

Field of Study: Behavioral Ethics

Knowledge Level: Basic

Prerequisites: None

The presentation will challenge the audience to rethink internal audit's value proposition and specifically how the function can best impact the organization and key stakeholders/constituents such as the board, management, and internal audit team members. It will challenge attendee's views about the measures of success, organizing for impact, and the implications for auditor skills, competencies and resource management.

Upon completion of this session, you will be able to:

1. Challenge attendees to think about how internal audit can best impact the organizations we serve.
2. Challenge assumptions about how audit functions measure their success.
3. Enlighten attendees about the skills that will propel them towards their future success in internal audit and beyond.

CPE: 1 hour

Field of Study: Auditing

Knowledge Level: Basic, Intermediate, Advanced

Prerequisites: None

There is an estimated 7.9 Trillion dollars of lost productivity in the workplace due to disengagement.

How do we make work, less work? 

We are in the midst of a crisis of commitment in the workplace—organizations are searching for engaged employees (“talent”) and employees are looking for a place to thrive. Both are struggling. What if the issue isn’t good or bad culture, but the fit between our ideal work way of working day-to-day and that of the companies we join. If we fit, we hum, we connect, we create momentum and do our best work with grace and ease because our creative energy is not eaten up in coordination cost and deciphering how to be a success–we just are. But the wrong fit has serious consequences. It can erode performance, drive up frustration, and steal our competence. The good news is, there is a way forward. Through his decades of experience and exhaustive research, including in-depth interviews with knowledge workers and leaders from all walks of life, Dr. Martin guides talent and organizations to find right fit.

The point. When the way a company works matches the natural preferences of its talent, the result is pure magic. To get there, we need to be much clearer about our work principles, practices and platforms, especially in a hybrid world.

CPE: 1 hour

Field of Study: Personnel/Human Resources

Knowledge Level: Basic

Prerequisites: None