2012 Internal Auditing Conference
CONFERENCE PROGRAM
(SUBJECT TO CHANGE - LAST UPDATED MAY 14)
Two conferences for the price of one! Maximize your learning potential by attending sessions and forums on issues and trends at the Financial Executive Conference, being held at the same location, and at no extra cost. Attend this conference and earn up to 21 CPE credits! Download the CPE Credits Claim Instructions
| SUNDAY, MAY 20 | ||
| 4:45 p.m. - 5:30 p.m. | Spouse Get-Together | |
| 5:30 p.m. - 7:00 p.m. |
Welcome Reception sponsored by NCH Marketing |
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| MONDAY, MAY 21 | ||
| 7:00 a.m. - 8:00 a.m. |
Breakfast sponsored by Connolly, Inc. |
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| 8:00 a.m. - 8:15 a.m. | Welcome | |
| 8:15 a.m. - 8:45 a.m. |
The Food Retail Industry Industry Speaks Patrick Walsh, Senior VP, Education and Industry Relations, FMI |
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| 8:45 a.m. - 9:45 a.m. |
Rebooting IT: Cloud Computing, Mobilityand the Impact on Loss Prevention Phil Belena, VP Sales and Marketing, Enfatica Craig Moyer, Director The Stores Consulting Group |
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| 9:45 a.m. - 10:00 a.m. |
Break sponsored by Ameriquest Transportation Services |
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| 10:00 a.m. - 11:00 a.m. |
Social Media: Internal Audit Approaches To Protect Your Brand and Bottom Line Daimon Geopfert, National Leader, Security and Privacy Consulting, McGladrey and Pullen, LLP Jeff Hall, Director, McGladrey and Pullen, LLP |
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| 11:00 a.m. - 11:15 a.m. | Break | |
| 11:15 a.m. - 12:15 p.m. |
Fraud Issues and Answers for Internal Auditors, Practical Guidance on Deterrence, Early Detection and Effective Handling John Hall, CPA, President, Hall Consulting, Inc. |
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| 12:15 p.m. - 1:45 p.m. |
Lunch with Key Note Speaker Frank Abagnale "Catch Me If You Can" sponsored by SIB Development |
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| 1:45 p.m. - 3:00 p.m. |
Round Table Discussions: 1. The "Value Add" Role of Internal Audit in IT Implementation 2. Auditing Loyalty Card Programs |
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| 3:00 p.m. - 3:15 p.m. | Break | |
| 3:15 p.m. - 5:15 p.m. |
Fraud Seminar: The Art of the Steal |
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| TUESDAY, MAY 22 | ||
| 7:00 a.m. - 8:00 a.m. |
Breakfast sponsored by Phyle Inventory Control Specialists |
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| 8:00 a.m. - 9:00 a.m. |
Accounting Update |
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| 9:00 a.m. - 9:15 a.m. | Break | |
| 9:15 a.m. - 10:15 a.m. | Panel Discussion: A Day in The Life of a Store Auditor | |
| 10:15 a.m. - 10:30 a.m. | Break | |
| 10:30 a.m. - 11:30 a.m. |
Business Resiliency: Planning for The Unthinkable Danny Shaw, Regional Director, IT Risk Advisory Services, Experis |
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| 11:30 a.m. - 12:30 p.m. |
The Secrets to Effective Inventory Auditing John Brandon Phyle, Vice President, New Business Development , Phyle Inventory Control Systems |
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| 12:30 p.m. - 1:30 p.m. |
Lunch sponsored by Inmar |
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| 1:30 p.m. - 2:30 p.m. |
Breakout Sessions: 1. Data Analytics 2. Food Safety Auditing |
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| 2:30 p.m. - 3:45 p.m. | Open Forum ( Informal Q&A) | |
| 3:45 p.m. - 4:00 p.m. |
Break sponsored by PRGX |
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| 3:45 p.m. - 5:15 p.m. |
Key Note Speaker Managing Risk In an Era of Uncertainty Commander Kirk Lippold, USN (Ret.) sponsored by Apex Analytix |
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| 6:30 p.m. - 9:30 p.m. |
Offsite Social Event Get ready to celebrate with a huge party at Universal CityWalk®, The Entertainment Capital of OrlandoSM. FMI has reserved Pat O’Brien’s® just for you and your fellow attendees to relaxand network at the 2012 Financial Executive Conference. This authentic reproduction of New Orleans' favorite watering hole—complete with the "Flaming Fountain™" patio—will have you believing you're in the middle of Bourbon Street. During the event you’ll also enjoy:
This event is open to all registered conference attendees. Generously sponsored by Reliant Inventory Services Pat O’Brien’s, Hurricane Glass logo, Have Fun! and Iron Grill Design ® Pat O’Brien’s Bar, Inc. © 2012 Pat O’Brien’s Bar, Inc. All rights reserved. Universal elements and all related indicia TM & © 2012 Universal Studios. All rights reserved. |
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| WEDNESDAY, MAY 23 | ||
| 7:00 a.m. - 8:00 a.m. | Breakfast | |
| 8:00 a.m. - 9:00 a.m. |
Time-Tested Advanced Techniques for Efficient Risk-Based Operational Auditing Ann Butera, The Whole Person Project |
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| 9:00 a.m .- 9:15 a.m. |
Break sponsored by Balance Innovations |
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| 9:15 a.m. - 10:30 a.m. |
Time-Tested Advanced Techniques for Efficient Risk-Based Operational Auditing Ann Butera, The Whole Person Project |
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| 10:30 a.m .- 10:45 a.m. | Break | |
| 10:45 a.m. - 12:00 p.m. |
OHSA Takes on The Retail Industry: How To Hang On To Your Cheese Tressi Cordaro, Ogletree, Deakins, Nash, Smoak & Stewart, P.C. |
'CATCH ME IF YOU CAN' - THE STORY OF FRANK ABAGNALE
Frank Abagnale provides entertaining insight into his life as the notorious imposter and fraudster of the 1960s, a thrilling story told in the award-winning movie and Broadway musical, Catch Me If You Can. By the age of 21 Abagnale had the reputation as America's most gifted con man, successfully impersonating an international airline pilot, pediatrician, stockbroker, college professor and even an assistant attorney general all while cashing $2.5 million dollars in forged checks. Audiences experience an emotional roller coaster ride as Abagnale describes his con man escapades and reveals how he learned to live on the right side of the law.
FRAUD SEMINAR: THE ART OF THE STEAL
In this unique, two-hour seminar, former con man turned crime stopper, Frank Abagnale, provides the latest information to protect institutions, associations, and corporations from embezzlement, forgery, counterfeit currency, check fraud, identity theft, and Internet fraud. He discusses the latest sophisticated white collar crime techniques made easy by technology, as well as your organization's potential liability under the new Uniform Commercial Code. Abagnale describes ways to guard against check fraud and introduces the latest document features and equipment to gain an edge in this costly battle. Always insightful and timely, Abagnale combines his fraud identity theft expertise with anecdotes from his time as one of the world's foremost confidence men, producing an event that provides audiences with the knowledge needed to give your organization an edge in this costly matter
MANAGING RISK IN AN ERA OF UNCERTAINTY
The modern world does not wait for the uninitiated and the unprepared. The ability of organizations to react quickly to a crisis, adapt strategies to deal with unforeseen circumstances, and then choose the best course of action comes only from thinking through the unimaginable. Through preparation and leadership, Commander Kirk S. Lippold inspired his crew to act decisively in the ultimate crisis situation when terrorists attacked USS Cole in one of the seminal events in the war on terror. Commander Lippold's compelling and patriotic story shows organizations how integrating the principles of accountability and integrity into your team can make the difference between success and failure.
Commander Kirk Lippold USN (Ret.), Inspirational Leader and Commander of the USS Cole
THE FOOD MARKETING INDUSTRY SPEAKS
Hear the latest research from FMI Speaks and Trends including an industry overview of economic, consumer and industry trends. Explore how key trends and emerging issues may develop and prepare to meet those challenges and exploit new opportunities for growth.
Pat Walsh, Senior Vice President, Education, Research & Industry Relations, Food Marketing Institute
ACCOUNTING UPDATES
Attend this session to get crucial accounting updates that affect your business and profession. Gain insight into and updates on:
- FASB pronouncements on revenue recognition, financial instruments and lease accounting.
- The SEC reporting process, including regulation S-X, S-K and other considerations for public reporting companies.
- Conditions in the current economic environment that affect the retail sector
- Current SEC requirements and comment letter trends
- Implications of the revised goodwill standard
- The key provisions of the Dodd-Frank Act
- New income reporting and multi-employer standard requirements
- IFRS developments
- Enhancements to disclosures on short-term borrowing
Susan McPartlin, Partner, PriceWaterhouseCoopers
Jarrod Trigg, Senior Manager, Retail Practice, PriceWaterhouseCoopers
SOCIAL MEDIA: INTERNAL AUDIT APPROACHES TO PROTECT YOUR BRAND AND BOTTOM LINE
Social media can accelerate a company's marketing and brand-building efforts, yet many organizations adopt social networking platforms without a thorough analysis of the risks. Gain insights from internal auditors into the risks that social media poses with a focus on social engineering and the impact on IT security compliance. With the help of live demonstrations, you will take home practical approaches to protect your organizations from legal liability and reputational harm.
Daimon Geopfert, National Leader, Security and Privacy Consulting, McGladrey & Pullen, LLP
Jeff Hall, Director, McGladrey & Pullen, LLP
FRAUD ISSUES AND ANSWERS FOR INTERNAL AUDITORS: PRACTICAL GUIDANCE ON DETERRENCE, EARLY DETECTION AND EFFECTIVE HANDLING
This “how-to” program for internal auditing professionals will help participants be more effective in identifying fraud exposures and risks, identifing fraud and misconduct on audits, and handling fraud incidents. Learn the ten reasons internal controls break down and what auditors can do about it, take home valuable tools to assist you in helping management create an anti-fraud environment and get practical guidance on how to build fraud risk assessment into audit planning.
John Hall, CPA, President, Hall Consulting, Inc.
THE “VALUE ADD” ROLE OF INTERNAL AUDIT IN INFORMATION TECHNOLOGY IMPLEMENTATION
Join an open discussion on how the internal auditing department can play a key role in information technology system implementation. Companies are challenged to keep up with the continual demand for system upgrades and new support software in the form of cloud computing, mobile devises and support of traditional operational systems. Discuss your potential role as an internal auditor in system implementation and take home actionable ideas that will augment your skills and worth as an employee, provide a “value add” to your company and impact the bottom line.
Paul Lasly, Internal IT Audit Manager, Wegmans Food Markets, Inc.
Join your peers in a panel discussion on the risks associated with loyalty programs. Learn from companies with well-established loyalty card programs about how to take an operational audit approach to assessing such risks and identifying opportunities to improve the effectiveness and efficiencies of loyalty program administration.
Joe Cassol, Manager of Financial Audits, Giant Eagle, Inc.
Michael Howse, Director, Internal Audit, Spartan Stores, Inc.
BUSINESS RESILIENCY: PLANNING FOR THE UNTHINKABLE
A quarter of all businesses never reopen after a disaster. Are you and your company prepared for the unthinkable? Business continuity is not just a phase or project to be implemented when time and resources allow, rather a continuing program to protect data and ensure the integrity and security of the total business, facilities, information and well-being of employees. Planning for an unimaginable disaster is a difficult but essential task in today’s business environment. Now more than ever, businesses are relying on mission-critical systems to be up and running at all times. New approaches to disaster recovery can make a huge difference in recovering data more efficiently and in a useable form. Learn why a business continuity plan is essential to protect your company's most critical assets. Get practical tips on how to build the right approach for building a continuity capability for your company and identify which technologies you should evaluate when architecting or implementing a business continuity plan.
Danny Shaw, Regional Director, IT Risk Advisory Services, Experis
THE SECRETS TO EFFCTIVE INVENTORY AUDITING
Auditing your inventory service prematurely can make the difference between good data and a bad decision. Get practical advice on how to conduct inventories to meet your internal business requirements and assist every department in your organization in making the right business decisions. Learn the secrets to effective preparation for grocery inventory such as blocking shelves down and back to insure an accurate count.
John Brandon Phyle, Vice President of New Business Development, Principal, Phyle Inventory Control Systems
Third party food safety auditing is a critical component used by many retailers to verify adherence to company standards and regulatory requirements to ensure safe food and reduce company and brand risk. Get an overview of the multi-faceted approach to food safety audits from a major food retailer using third party audit companies and internal corporate audit programs. Understand the challenges encountered by retailers and third party auditing companies in striving towards the mutual goal of food safety such as auditor standardization and consistency. Learn how the internal auditing department can support a third party auditing program.
Liza Frias, Director of Food Safety, Albertsons LLC,
Tom Ford, Vice President Food Safety, Ecolab
TIME-TESTED ADVANCED TECHNIQUES FOR EFFICIENT RISK-BASED OPERATIONAL AUDITING
Attend this workshop and get practical approaches
you can use to:
• Overcome the pitfalls in operational auditing
• Differentiate between gross and residual risk
• Understand and use “The Critical Linkage”, a COSO-based, four-step thought process
• Discuss the impact of COSO II (ERM) on risk-based audit methodologies
• Identify more rapidly the nature and vulnerabilities of the process or entity under review
• Recognize process improvement opportunities and add value to your organization
Attend this session if you need to conduct or manage operational audits and want to use a value-added approach. Come prepared to exchange ideas on how you perform operational auditing.
Ann Butera, President, The Whole Person Project
OSHA TAKES ON THE RETAIL GROCERY INDUSTRY: HOW TO HANG ON TO YOUR CHEESE
This presentation will examine the leadership personnel and objectives of OSHA under the Obama Administration, with a specific focus on the agency's rigorous, ongoing enforcement crackdown affecting the retail grocery industry. Learn what triggers an OSHA inspection, how to avoid being inspected, and what to include in your safety program to avoid unnecessary citations. Don’t miss this fast-paced, lively discussion, to be presented by one of the leading attorneys in the field.
Tressi Cordaro, Ogletree, Deakins, Nash, Smoak & Stewart, P.C.
REBOOTING IT: CLOUD COMPUTING, MOBILITY AND THE IMPACT ON LOSS PREVENTION
Information is the retailers' key to competitiveness. But existing retail IT systems are becoming a barrier to innovation. In particular retail has been slow to capitalize on rapid improvements in mobile technology, virtualization, and social networking and risks falling further behind. Discover how mobile solutions combined with cloud architecture are helping to boost sales, reduce IT costs, increase customer engagement and help fight fraud.
Phil Belena, VP Sales and Marketing, Enfatica
Craig Moyer, Director, The Stores Consulting Group
DATA ANALYTICS
This session will highlight how data analytics is changing the efficiency and effectiveness of internal and operational audit, as well as loss prevention. The conversation will dive into understanding the implications of "shrink", compliance issues and store audit redundancy concerns, and how companies can use and/or improve data analytics and modeling to achieve cross function benefits.
Bill Abbott, Advisory Principal, PriceWaterhouseCoopers
Garry Birkhofer, Director, PriceWaterhouseCoopers
BEST PRACTICES FOR STORE AUDITING - A DAY IN THE LIFE OF A STORE AUDITOR
Join a panel of experienced store auditors to explore strategies and share experiences related to cash office, pharmacy, store and fuel station audits. Learn from your peers how to protect your company from internal and external fraud, plan audits and report findings. Get advice on to get the follow-through you need from store personnel.
Theresa Maricevic, Internal Audit Manager, King Kullen Grocery Co, Inc.
Sandra Mallon, Retail Audit Manager, Brookshire Brothers, Ltd.
Dawn Banks, Internal Store Audit Manager, Giant Eagle, Inc.