Telephone – Webcast – Audio/Visual CD Rom
Directors Series:
Directors and Internal Controls
Thursday, January 24, 2008
8:00 – 9:30 AM Pacific Time
9:00 – 10:30 AM Mountain Time
10:00 – 11:30 AM Central Time
11:00 AM – 12:30 PM Eastern Time
Despite rapid changes in our banking industry, the fundamental concepts behind effective internal controls remain the same. Effective internal controls form the foundation for a bank’s system of risk management. They also safeguard bank assets; help the Board and Management guard against fraud and financial mismanagement; and ensure compliance with laws, regulations, and the institution’s own policies. To help the Board and Management meet their responsibilities, our discussion will cover control components and include a series of questionnaires that can assist Directors and Management in evaluating and improving their bank’s internal control systems. You’ll walk away from this session with tools that can be implemented immediately.
We’ll discuss the five essential components of an internal control system:
Ø Control Environment: we will cover issues such as integrity, audit committee participation, organizational structure, and more
Ø Risk Assessment: the process the board and management can use to identify and analyze risks that could keep the bank from achieving planned objectives.
Ø Control Activities: policies, procedures, and practices to manage and control risks
Ø Accounting, Information, and Communication Systems: how is information imparted throughout
the bank in an appropriate form and time frame?
Ø Self-Assessment or Monitoring: is everything working as intended? Are modifications needed?
WHY SHOULD YOU PARTICIPATE?
This session is a cost-effective way to keep the Board and the management team on the right track in developing and maintaining good internal control mechanisms. You may train as many individuals as you like for one set price. There will be no travel costs, time lost from work and no one will be required to leave the institution.
WHO SHOULD ATTEND?
This informative session is for directors, senior management and the management team. Auditors will also benefit from this discussion.
ABOUT THE PRESENTER – Ann M. Brode
Ann Brode began her banking career in 1973 and has continued her service to regional and community banks through a wide range of areas including strategic planning, lending, deposits, marketing, training and management; both as a banker and as a consultant. Her consulting firm assists community banks in all of these important areas. Ann is a well-respected presenter and has spoken to banking audiences across the country for over 17 years and regularly speaks at banking conventions. She has presented sessions for numerous state associations, ABA, BAI, ICBA and has taught at the School of Banking Administration at the University of Wisconsin and numerous state banking schools. She is the author of The Bank Deposit Documentation Manual for Front-Line Personnel, published by Bankers Publishing Company and is well published in numerous banking publications.
This training method allows unlimited listeners on your office speaker phone. By choosing the webcast option, participants will also be able to view online visuals as the presentation is delivered. Registrants receive a toll-free number and pass code that will allow entrance to the seminar. The session will be one hour and fifteen minutes in length with an additional fifteen minutes for questions and answers. Seminar materials will be sent prior to the broadcast along with hook up instructions. Your pin number, hookup instructions and handouts can be emailed to you or sent U.S. Mail. If you would like them emailed you will need the most current version of Adobe Acrobat Reader available free at www.adobe.com.
The CD Rom is complete with the audio track and visual presentation from the original webcast, question & answer sessions, plus participant handouts. You will also have the ability to contact the presenter with follow-up questions. With this CD, you will have an “off-the-shelf” training program for your review, for use by those who were not able to attend the live seminar or for future training purposes. Affordable, professional training, when and where you choose!
*CD Rom for PC use only