Training Doyens

OVERVIEW On a number of occasions I have been brought in to lead projects addressing recently discovered compliance failures .  We will discuss a number of these as real case studies.  It is more common than you might think because no one is going to present in a seminar or industry meeting how they got in trouble, how they worked their way out, and how they dealt with the relevant regulators.  So there is very little learning from mistakes within the industry.  This is a chance to share some of this learning. Compliance Failure WHY SHOULD YOU ATTEND There is increasing discussion that, rather than punish stockholders, individual officers should be personally held accountable for their decisions causing failures to act in compliance.   Already the Sarbanes-Oxley law specifically requires that companies, including banks, have accurate financial reports as well as sound controls as required to assure the material accuracy of those reports....

OVERVIEW The key to writing an effective auditobservation is having a comprehensive structured process.  The Institute of Internal Auditors recommends a process known as the 5Cs: Criteria Condition Cause Consequences (Effect) Corrective Action (Recommendation) As you develop conclusions, findings, and recommendations, you must present them to your client in a logical, complete, and objective way.  This process provides an easy way to consistently develop and present your observations.  The components in this process include all the information you will need to inform and persuade.   Developing this process can be an important tool for completing and reporting observations in a timely and comprehensive way.  It allows you to present those findings to your reader in a logical, complete, and objective manner and, thus, enhances the chances of the client’s buy-in and their agreement to your recommendations. This process can also serve as a basis fo...