Lessons From An $8.5M Fraud + Internal Controls + Professional Skepticism

November 14, 2023 8:00 am - 1:00 pm MST

Virtual

CPE Hours -  5.5

Bolstering Resilience: Trust, Controls and Skepticism in Focus 

The Phoenix IIA invites you to join us on Tuesday, November 14, 2023, as we partner with IIA Barbados for an extraordinary virtual event that that navigates the complex terrain of trust, internal controls, and professional skepticism. Through captivating narratives and insightful discussions, we'll embark on a journey to uncover the resilience that emerges from adversity. 

In the first session, From Culprit to Conduit, our keynote presenter, Nathan Mueller, unveils the intricate dynamics of trust, offering insights into its fragility and the lasting impact of trust breaches, as he courageously shares his personal story. Nathan offers a candid view of the internal struggles he faced while engaging in fraudulent activities which, when all was said and done amounted to $8.5M; the subsequent legal repercussions, and the profound impact on his life. Drawing from Nathan’s story, we'll dissect the lessons learned, and delve into the pivotal role of robust internal controls, and the importance of fostering a culture of vigilance. 

In the second session, The Strength Within: Harnessing Internal Controls for Growth, we transition into the realm of internal controls, the fortifications that protect the operations our organizations. David Kirtland will provide valuable insights into the design and implementation of effective control systems.  Real-world examples, and poignant references from Nathan’s presentation will serve as beacons, illuminating the path toward creating resilient organizations. 

Finally, we spotlight professional skepticism – a vital skill for auditors and financial professionals alike. In Trust, but Verify: Unleashing the Power of Professional Skepticism, our presenter Timothy Staggs will explore how skepticism acts as the sentinel guarding against deception. We will bridge the gap between skepticism and effective auditing, providing you with invaluable insights into this essential element of the profession, while also offering tools to enhance your professional practice. Making connections between the personal account of financial misconduct and the role of skepticism will underscore the significance of adopting a skeptical mindset in the world of audits and financial management. 

Seize this unique opportunity to gain firsthand insights into the world of trust, controls, and skepticism – operational keystones – and join us for a day of deep reflection, valuable lessons, and actionable strategies aimed at cultivating trust, enhancing internal controls, and embracing professional skepticism. Secure your place today and embark on a transformative journey of professional growth and empowerment.

Cost:  
•    Member: $150
•    Non-member: $200
Offered: Virtually

Don't miss this unique training opportunity - Register Today!