Tallahassee Chapter - Institute of Internal Auditors
June 27, 2013 Training/Luncheon
Our very first QUARTERLY luncheon meeting will be held on Thursday, June 27, 2013, at the Tallahassee/Leon County Civic Center from 11:00 a.m. to 1:00 p.m.
Our luncheon meetings will now have two parts. During the first part, we will hear from members of our community, Jeff Beasley – IG of the Department of Corrections and Eric Miller – IG of the AHCA, who truly practice “Progress through Sharing.”
For the second part, we will hear from our guest speaker. We are honored to have Jeff Barbacci, shareholder and Director of Assurance Services at Thomas Howell Ferguson. Jeff has been practicing as a public accountant since he graduated from Stetson University in 1992. For the last 18 years, he has specialized in providing audit and consulting services to not-for-profit and government organizations. Jeff’s experience includes traditional audit and accounting services and various consulting services such as strategic planning, board and audit committee training, internal control and fraud risk studies, and executive compensation planning. Jeff also serves as a volunteer leader in the community and within the CPA profession, which includes service on the Board of Governors and Executive Committee of the Florida Institute of CPA’s, the Governing Council of the AICPA, and the Board of Directors of the Capital Area Healthy Start Coalition.
Jeff will talk about “A Case Study in Fraud Risk and Mitigation” and below is the outline.
1. Case background and conditions
1. Staff size and roles
2. Board governance and roles
3. Reporting and communication
2. Fraud risk factors
1. Financial statement
2. Transaction cycle
3. The fraud
1. The loss
2. The scheme
3. The fallout
4. Lessons learned
1. What could have been done differently
2. What should have been done differently
3. What was done right
4. The unintended consequences
5. Questions to consider going forward
2. Auditor rotation
3. Audit approach
6. Applicability to other audit environments
7. Questions and general discussion
The registration deadline is noon on Monday, June 24, 2013
Please join us for this great learning opportunity and receive two hours of Continuing Professional Education (CPE) credit as well as a great lunch. Please plan to arrive before 11:00 AM to complete our registration process.