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WMISACA - 2021 Virtual April Spring Seminar

Starts:  Apr 28, 2021 08:30 (ET)
Ends:  Apr 29, 2021 12:30 (ET)
Associated with  Western Michigan Chapter

WMISACA - 2021 Virtual April Spring Seminar

April 28, 2021—April 29, 2021
8:30 AM-12:30 PM

This is a two 1/2 day event

DAY 1

8:30 to 12:30

Enterprise Risk Management (ERM) and Internal Audit – 2 CPEs

EXECUTIVE SUMMARY: This session will review the risks associated with ERM, the interaction between ERM and Internal Audit, and how best to ensure there is alignment. 

KEY HIGHLIGHTS:

  • Definition of ERM
  • Risk Areas for ERM
  • The need for ERM
  • Obstacles for implementing ERM
  • How Internal Audit can help ERM
  • How ERM can help Internal Audit

Crisis and Change Management – Internal Audit Involvement – 2 CPEs

EXECUTIVE SUMMARY: This session will review the implications and impacts of crisis management and organizational change management and what the internal auditor may need to do.

KEY HIGHLIGHTS:

  • Definition: Reputation Integrity & Crisis
  • Crisis Management Planning
  • Crisis Management Execution
  • Audit’s Role 
  • Definition: Organizational Change Management
  • Impacts on the organization
  • What may be needed from Internal Audit

DAY 2

8:30 to 12:30

Auditing Disaster Recovery / Business Resumption Planning –  2 CPEs

EXECUTIVE SUMMARY: This presentation will discuss the various components of a disaster recovery plan, the ten critical things the auditor should be considering when reviewing the plan, the different types of DR exercise approaches the auditor may encounter, and the detailed steps to follow when doing this type of audit. 

KEY HIGHLIGHTS:

  • The seven key categories within the DR plan that need to be in place and reviewed
  • The makeup of a DR Plan / Exercise
  • Audit focus points during the review
  • Risk identification and mitigation
  • Learn the benefits of doing a DR review
  • Know how Business Continuity and DR are interweaved

ETHICS and Internal Audit – 2 CPEs

EXECUTIVE SUMMARY: In these turbulent times, ethics continues to be a frequent topic of corporate, shareholder, stakeholder, and regulatory conversations. Companies continue to look for ways to emphasize the importance of strong ethics, integrity, and proper conduct and seek strategies to embed processes within their organizational structure. Yet, incidents of bad behavior still occur. It is an ever-evolving phenomenon. Once we find the answer to address a specific issue, another question or problem arises.

Ethics impacts every professional's job regardless of status, tenure, or selected profession. For internal auditors, ethics can become a very sensitive issue and political dilemma when attempting to execute their responsibilities and fiduciary duties. Internal auditors are often put in positions where they must make difficult and uncomfortable inquiries. It can appear to management as an attack on personal integrity or on personal morals and ethics.

KEY HIGHLIGHTS:

  • Describe the IIA Code of Ethics
  • Define the Principles and Rules of Conduct
  • The 7 Attributes of Ethical Internal Auditors
  • Blind spots faced by auditors
  • Ethical decisions

Location

Online Instructions: