Join the leading names in social media and experts in wealth management for an industry discussion on the best practices,…
Joint IAS & IIA Educational Session
Joint IAS & IIA Educational Session
Have Your Audit Team Finish Strong for 2018
During 2018, prevalent and emerging risks created significant impact across financial services. Some of the key emerging risks include: industry-wide cyber attacks, retrospective exposures, data privacy, audit coverage risk and financial anomalies. As a result, financial organizations need to navigate these related and challenging risks associated with these emerging areas in order to finish strong for 2018. Session attendees will learn and enrich their understanding in these fields based on the presentations and discussions.
Participants will Learn:
- Audit Report Writing Skills
- AML / OFAC Hot Topics
- IA Transformation
- Net Capital Rule
- Revenue Recognition
- Accounting Practices
- SEC Cyber Guidelines
- GDPR Post-Implementation Lessons Learned
8:30am – 6:00pm
8:30am – 8:50am
8:50am – 10:30am
Writing an audit report that is clearly written, easily understood and motivates the reader to take action is a skill that is acquired by learning simple writing techniques.
This course will demonstrate how to develop a strategy for preparing a persuasive audit report with a logical flow of ideas and is written once with a minimum of edits.
- Acquire the expertise for drafting a clear and concise message
- Learn writing methods that convey a message to a wide audience
- Review examples of sentence and paragraph content to understand and identify writing weaknesses
Anthony M. Palma
10:30am – 11:20am
FASB and SEC have been issuing several updates. Also, there are new updates that are just coming into effect now. This session will cover new matters that impact financial services industry.
11:20am – 11:30am
11:30am – 12:20pm
Panelist will discuss the IA transformation process, provide insightful lessons learned to date and share their unique perspectives and key insights into the future transformation of IA.
Rick Magliozzi, Heather Haboush, Paul Jensen, Chad Levant
12:20pm – 1:10pm
1:10pm – 2:00pm
Regulators expect that management will conduct a post-mortem and lessons learned analysis when an adverse event occurs at an institution (e.g., fraud, significant loss). In these situations, internal audit should ensure that such a review takes place and appropriate action is taken to remediate identified issues. In certain situations, the Internal Audit Function should also conduct its own post-mortem and lessons learned analysis to identify improvements needed in internal audit processes.
This session will highlight regulatory expectations and discuss examples of adverse events that have occurred in the industry and post-mortem and lessons learned analyses that have been conducted.
Erin Nunes, Tim Ryan
2:00pm – 3:00pm
Auditors continue to face pressure from regulators to conduct comprehensive risk- based audits, while the First and Second Lines of Defense are looking for relief from constant oversight and testing. We will explore today’s hot topics surrounding everything from risk assessments to monitoring and screening processes, along with observations from enforcement activity, all with an eye towards how auditors may be both effective and efficient in satisfying regulators and stakeholders.
Kevin Grimes, Elizabeth Kay, Ross Marrazzo, Kenneth Will
3:00pm – 3:10pm
3:10pm – 4:00pm
This presentation will cover disrupters and hot topics in Cybersecurity and Privacy such as:
- Board Reporting
- Cybersecurity Business Risk
- Security Maturity
- Third Party Risk Management
- Incident Response
- Regulatory Expectations
Gabrielle Bass, Michael Corcione, Michael Fiore, Michael Paliseno
4:00pm – 4:50pm
The European Union General Data Protection Regulation (GDPR) was enforced on May 25, 2018. Large number of organizations spent significant time and efforts preparing to comply with it. We will present what the post May 25th landscape looks like and what are the key challenges that many companies are still addressing.
4:50pm – 6:00pm
SIFMA Conference Center
New York, NY 10271
Located at 120 Broadway, a National Historic Landmark and a New York treasure, the SIFMA Conference Center is situated at the heart of New York’s Financial District.
With a rare combination of advanced technologies and sophistication, SIFMA’s Conference Center is fully furnished and equipped to offer unique features that stand alone amongst New York’s leading conference facilities.
If you require hotel accommodation, a special SIFMA rate is available at the following:
Double Tree by Hilton Hotel – Financial District
8 Stone Street, New York, NY 10004, Phone# 212-480-9100
DISCOUNT: Corporate ID #0560038852
52 William Street, New York, NY 10005, Phone# 212-269-6400
DISCOUNT: Password (SIFMA)
Residence Inn New York Downtown Manhattan / World Trade Center
170 Broadway, New York, NY 10007, Phone# 212-600-8900
DISCOUNT: Password (SIFMA)
Terms and Conditions
Code of Conduct
SIFMA meetings and events are intended to educate and engage our members and industry participants in thoughtful conversations. Inappropriate behavior will not be tolerated. SIFMA defines inappropriate behavior as any possible illegal conduct, verbal or physical abuse of any type, use of derogatory or discriminatory language, gestures or actions, unwanted invasions of privacy, any form of harassment, racism, sexism, or any other targeted comments which are intended to cause personal offense to another participant either in-person at the event or through social media channels, or the violation of any local, state, or federal laws or regulations.
If you are involved in or witness an incident at a SIFMA meeting or event that violates this Code of Conduct, please use this anonymous incident report form to let SIFMA know immediately. Please provide as much information as possible about the incident so that we can make a proper investigation. Any violations of law should be reported to law enforcement authorities.
SIFMA will investigate any reported incidents swiftly and confidentially if possible. SIFMA, at our discretion, may act on any reports of inappropriate behavior, including but not limited to removing a participant from the meeting or event and/or bar that person from attending future SIFMA meetings or events. SIFMA shall not refund any money paid for such attendee to attend the meeting or event, or for any travel expenses incurred to attend.
Conference registration substitutions are welcome. Email Lizzie Grimm at [email protected] with the following information and we will confirm the change: original registrant’s full name, substitute registrant’s full name, mailing address, title, phone and email.
Refunds will be granted for cancellations made three weeks prior to the start of the event. All cancellation requests are subject to a $100 processing fee and must be made in writing.
Eligible for up to 8.2 CPE Credits
Fields of Study:
2 credits Auditing – Technical
1 credit Accounting – Technical
4.2 credits Finance – Technical
1 credit Information Technology – Technical
Program Level: Intermediate
Delivery Method: Group Live
Advance Preparation: None
For more information regarding refund, complaint, and/or program cancellation policies, please contact SIFMA at [email protected].
CEU Institute is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individuals courses for CPE credit. Complaints regarding registered sponsors may be substitutes to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.