March 22-25, 2021



Program

Audit Interactive 2021 Participants can earn up to 14.4 total CPE credits.

See full schedule and session descriptions below, or download a PDF of the program.  

The Association of College and University Auditors (ACUA) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE sponsors. State boards of Accountancy have final authority on the acceptance of individual courses for CPE credit.  Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors through its website: www.learningmarket.org.

Fields of study that qualify for Continuing Professional Education.

 

ALL TIMES LISTED IN EST

Mon., March 22

Tue., March 23

Wed., March 24

Thu., March 25

12:30 PM ET - 12:55 PM ET
President's Welcome
1:00 PM ET - 2:40 PM ET
A1: Fundamentals of Financial Aid and Ways to Assist with Compliance Needs, Part 1
Presenter(s): Sarah Baumhoff, ​Kennesaw State University
Bretta Carithers, Kennesaw State University
 
The partnership between the Financial Aid Office and Auditors is vital in ensuring that compliance is addressed properly. The delivery of financial aid funds is a collective responsibility for any college or university and basic knowledge is essential in navigating the processes and procedures. This session will approach basic knowledge and provide examples of how to note areas of need and how to employ corrective action plans.

After this session, participants will be able to:
  • Describe financial aid types and what could lead to compliance concerns
  • Assess how to locate areas of need and be proactive in addressing these needs
  • Define ways to properly seek an accurate sampling that can effectively address compliance

 
1:00 PM - 2:40 PM
B1: Using a Comprehensive IT Risk Assessment to Identify Audit Opportunities, Part 1
Presenter(s): Tim Marley, True Digital Security
In this session, we will leverage your existing experience and knowledge in risk assessment and apply it to the world of information technology.  Prepare to step through a case study in how to complete a risk assessment for a complex University IT environment.

After this session, participants will be able to:
  • Utilize information security frameworks as a baseline for a risk assessment.
  • Evaluate different methodologies and options available for risk scoring, utilizing likelihood and impact.
  • Compare and contrast risks within an assessment and identify clear opportunities for an IT audit.
1:00 PM - 2:40 PM
C1: The Trend is Your Friend. Or, Is it? Part 1
Presenter(s): Trevor Hughes, Virginia Tech
How many times has someone asked “What’s the trend?”.  Sure, you can right click and add a trend line to an Excel chart.  It shows you the trend, but is it a usable piece of information?  What if you have a value that looks like it is far away from that line?  Is it really something odd?  By understanding Linear Regression, you can tell if values fall into a reasonably predictable pattern.  Knowing this may assist in selecting a good sample, determining the basic risk of a set of transactions, or in determining if a new transaction fits the established pattern.

This session explores the application of linear regression to analyzing audit date.  Using Excel, it explores how to create multi-variable regression models, how to determine the effect of each variable, how to evaluate the strength of the model, and how to apply what you learn from the process to better plan and perform audits.  

After this session, participants will be able to:
  • Describe how to create a regression model
  • Determine the effect each component has on the model 
  • Use the model to measure how well data fits the modeled pattern
2:40 PM EST - 3:00 PM EST
Watercooler
Miss chatting with ACUA colleagues in the hotel lobby between sessions? Us too! Wonder is a virtual space where people can meet and talk. Guests can see who is speaking to whom, and can move around the virtual space by clicking their mouse. To join a conversation, simply move closer to the people you want to chat with; to leave a conversation, move away. Come meet us at the Watercooler, hosted on Wonder!

Click here for a list of supported devices/browsers.
3:00 PM - 4:40 PM
A1: Fundamentals of Financial Aid and Ways to Assist with Compliance Needs, Part 2
Presenter(s): Sarah Baumhoff, ​Kennesaw State University
Bretta Carithers, Kennesaw State University
The partnership between the Financial Aid Office and Auditors is vital in ensuring that compliance is addressed properly. The delivery of financial aid funds is a collective responsibility for any college or university and basic knowledge is essential in navigating the processes and procedures. This session will approach basic knowledge and provide examples of how to note areas of need and how to employ corrective action plans.

After this session, participants will be able to:
  • Describe financial aid types and what could lead to compliance concerns
  • Assess how to locate areas of need and be proactive in addressing these needs
  • Define ways to properly seek an accurate sampling that can effectively address compliance

 
3:00 PM - 4:40 PM
B1: Using a Comprehensive IT Risk Assessment to Identify Audit Opportunities, Part 2
Presenter(s): Tim Marley, True Digital Security
In this session, we will leverage your existing experience and knowledge in risk assessment and apply it to the world of information technology.  Prepare to step through a case study in how to complete a risk assessment for a complex University IT environment.

After this session, participants will be able to:
  • Utilize information security frameworks as a baseline for a risk assessment.
  • Evaluate different methodologies and options available for risk scoring, utilizing likelihood and impact.
  • Compare and contrast risks within an assessment and identify clear opportunities for an IT audit.
3:00 PM - 4:40 PM
C1: The Trend is Your Friend. Or, Is it? Part 2
Presenter(s): Trevor Hughes, Virginia Tech
How many times has someone asked “What’s the trend?”.  Sure, you can right click and add a trend line to an Excel chart.  It shows you the trend, but is it a usable piece of information?  What if you have a value that looks like it is far away from that line?  Is it really something odd?  By understanding Linear Regression, you can tell if values fall into a reasonably predictable pattern.  Knowing this may assist in selecting a good sample, determining the basic risk of a set of transactions, or in determining if a new transaction fits the established pattern.

This session explores the application of linear regression to analyzing audit date.  Using Excel, it explores how to create multi-variable regression models, how to determine the effect of each variable, how to evaluate the strength of the model, and how to apply what you learn from the process to better plan and perform audits.  

After this session, participants will be able to:
  • Describe how to create a regression model
  • Determine the effect each component has on the model 
  • Use the model to measure how well data fits the modeled pattern
5:00 PM - 6:15 PM
ACUA Family Game Night - Optional Networking Event
Join your fellow colleagues for a fun-filled game night!  Get ready to mingle, play and have ‎some fun! Go Game Remote will gather you with your colleagues for a live hosted game night ‎for an hour filled with different games and activities that are guaranteed for a good time. Some ‎of the games you will play include: ‎
   - Trivia - brush up on your ACUA trivia, hint hint!‎
   - Pictionary – Fingerpainting skills? Time to shine!  ‎
   - Name That Movie, GIF Battles – Did you really MEME that? ‎
   - Lip Sync Challenge – don’t worry, no actual singing required. ‎
   - And a few more games to really get to know your fellow ACUAians. ‎

Games not your thing? ACUA will keep a Zoom line open for those who just want to network  ‎and talk with colleagues.


Cocktail & Mocktail Recipes to enjoy while gaming! 

CONNECT FOUR THE CHARADE PACMAN
1.5 oz Tequila
1.5 oz Lime Juice
4.5 oz Grapefruit Soda
Ice

 
1.5 oz Pomegranite Juice
1 oz Mango Juice
1 oz Pineapple Juice
4-6 oz Tonic Water
Ice
Garnish with a lime wedge and mint (optional)
1 part Pineapple Juice
1 part Alcohol of your choice
1 part Cranberry juice
Ice

 


If you plan on participating in Go Game Remote, they recommend the following to ensure the ‎best experience:‎
- Internet connection with at least 4 Mbs upstream and 8 Mbs downstream.

- A webcam
- The use of headphones for sound effects
- Laptop or desktop (at this time they do not support phones or tablets)
- Cookies enabled

If using Windows OS:‎
Your browser must be the latest available version of Edge, Firefox, or Chrome. (Edge in ‎particular). It is also recommended that you turn off all ad blocking software or other browser extensions and close out of other tabs in the browser and close other resource heavy applications.

If using Mac OS:‎
Your browser must be the latest available version of Firefox or Chrome. In Mojave, you must give permission to the browser to access the webcam. It is also recommended that you turn off all ad blocking software or browser extensions and close out of other tabs in the browser as well as other resource heavy applications,
1:00 PM - 2:40 PM
A2: Hot Topics in Auditing Research Activities, Part 1
Presenter(s): Ashley Deihr, Baker Tilly
Morgan Druce, Baker Tilly
Research funding can bring incredible prestige and fiscal resources to a university, attract faculty and staff, and drive enrollment. However, these funds come with a significant compliance and operational burden. How can we are internal audit best support our institutions’ research portfolios through strategic, thoughtful, risk-based audits and reviews?

In this session, we will spend time on a handful of key considerations for how to audit research successfully and efficiently. We will cover:
-    Leveraging Data Analytics and Continuous Monitoring to Assess Research Compliance 
-    Assessing and reviewing emerging risks including foreign influence, conflict of interest, and conflict of commitment
-    Auditing increased research data security requirements and considerations
-    Incorporating observations from Office of Inspector General (OIG) audits and investigations to better target risks during cost allowability audits and other internal audit activities

Session learning objectives will include:
  • Identify and assess key timely research risks to include when planning audits
  • Develop approaches to leveraging data to better focus audits on high risk areas
  • Share considerations for successful auditing in areas including foreign influence, conflict of interest, data security, cost allowability, and sponsor compliance
1:00 PM - 2:40 PM
B2: Secrets to Understanding the Dynamic Higher Education Environment, for Innovative Risk-Based Planning, Part 1
Presenter(s): Kim Turner, Texas Tech University System
Sandy Jansen, UT Austin

This session is ideal for audit managers and project leads who need a strong understanding of the higher education industry. Whether developing the annual audit plan or performing engagement level planning, an understanding of the industry is critical to ensure due consideration of existing and emerging risks.  This overview of the higher education environment will include deep dives in various aspects of the current risk landscape.  In addition, we will provide various risk assessment approaches and planning tools and techniques. Participants will gain confidence in their ability to conduct risk assessments and use the information to develop audit plans.

After the session, participants will be able to: 

  • Evaluate the unique aspects of the higher education environment and how Audit can best add value within the organization.
  • Apply strategies for gathering risk information and developing risk-based plans.
  • Plan ways to “sell the value” and “get a seat at the table” with key stakeholders.
  • Facilitate effective risk-based conversations.
  • Apply different methodologies for executing annual and engagement level assessments.
1:00 PM - 2:40 PM
C2: IT Security in the Remote Work Environment, Part 1
Presenter(s): Sudeshna Aich, Florida State University
 
In the wake of the COVID 19 crisis, a large percentage of the U.S. workforce is now working remotely. As the trend studies are indicating, this practice is here to stay. Each new connection, originated globally, into the Higher Ed organizations is a potential avenue for a hacker to gain access to organization network and critical information. The cyber adversaries have shifted their attack methods towards targeted phishing attacks; infiltrating the Higher Ed network through VPN and third-party software. The need for good cybersecurity hygiene has never been greater In such a situation, balancing IT security or Cybersecurity with end-user productivity has continued to be a challenge.

After this session, participants will be able to:
  • Demonstrate an understanding of the selected IT security controls; Standards and guidelines assisting in implementing the IT security controls to provide a safe and secured remote work environment;
  • Recognize the organization's effort in providing a secured remote work environment;
  • Apply cybersecurity best practices to avoid being victims of a phishing scam, identity theft, or cybercrime, etc.
2:40 PM EST - 3:00 PM EST
Watercooler
Miss chatting with ACUA colleagues in the hotel lobby between sessions? Us too! Wonder is a virtual space where people can meet and talk. Guests can see who is speaking to whom, and can move around the virtual space by clicking their mouse. To join a conversation, simply move closer to the people you want to chat with; to leave a conversation, move away. Come meet us at the Watercooler, hosted on Wonder!

Click here for a list of supported devices/browsers.
3:00 PM - 4:40 PM
A2: Hot Topics in Auditing Research Activities, Part 2
Presenter(s): Meghan Senseney, Baker Tilly
Mike Cullen, Baker Tilly
Research funding can bring incredible prestige and fiscal resources to a university, attract faculty and staff, and drive enrollment. However, these funds come with a significant compliance and operational burden. How can we are internal audit best support our institutions’ research portfolios through strategic, thoughtful, risk-based audits and reviews?

In this session, we will spend time on a handful of key considerations for how to audit research successfully and efficiently. We will cover:
-    Leveraging Data Analytics and Continuous Monitoring to Assess Research Compliance 
-    Assessing and reviewing emerging risks including foreign influence, conflict of interest, and conflict of commitment
-    Auditing increased research data security requirements and considerations
-    Incorporating observations from Office of Inspector General (OIG) audits and investigations to better target risks during cost allowability audits and other internal audit activities

Session learning objectives will include:
  • Identify and assess key timely research risks to include when planning audits
  • Develop approaches to leveraging data to better focus audits on high risk areas
  • Share considerations for successful auditing in areas including foreign influence, conflict of interest, data security, cost allowability, and sponsor compliance
3:00 PM - 4:40 PM
B2: Secrets to Understanding the Dynamic Higher Education Environment for Innovative Risk-Based Planning, Part 2
Presenter(s): Kim Turner, Texas Tech University System
Sandy Jansen, UT Austin
This session is ideal for audit managers and project leads who need a strong understanding of the higher education industry. Whether developing the annual audit plan or performing engagement level planning, an understanding of the industry is critical to ensure due consideration of existing and emerging risks.  This overview of the higher education environment will include deep dives in various aspects of the current risk landscape.  In addition, we will provide various risk assessment approaches and planning tools and techniques. Participants will gain confidence in their ability to conduct risk assessments and use the information to develop audit plans.

After the session, participants will be able to: 
  • Evaluate the unique aspects of the higher education environment and how Audit can best add value within the organization.
  • Apply strategies for gathering risk information and developing risk-based plans.
  • Plan ways to “sell the value” and “get a seat at the table” with key stakeholders.
  • Facilitate effective risk-based conversations.
  • Apply different methodologies for executing annual and engagement level assessments.
3:00 PM - 4:40 PM
C2: IT Security in the Remote Work Environment, Part 2
Presenter(s): Sudeshna Aich, Florida State University
In the wake of the COVID 19 crisis, a large percentage of the U.S. workforce is now working remotely. As the trend studies are indicating, this practice is here to stay. Each new connection, originated globally, into the Higher Ed organizations is a potential avenue for a hacker to gain access to organization network and critical information. The cyber adversaries have shifted their attack methods towards targeted phishing attacks; infiltrating the Higher Ed network through VPN and third-party software. The need for good cybersecurity hygiene has never been greater In such a situation, balancing IT security or Cybersecurity with end-user productivity has continued to be a challenge.

After this session, participants will be able to:
  • Demonstrate an understanding of the selected IT security controls; Standards and guidelines assisting in implementing the IT security controls to provide a safe and secured remote work environment;
  • Recognize the organization's effort in providing a secured remote work environment;
  • Apply cybersecurity best practices to avoid being victims of a phishing scam, identity theft, or cybercrime, etc.
5:00 PM - 6:00 PM
RT1A: CAE Roundtable
Presenter(s): Dean Weber, University of North Carolina at Chapel Hill
Michelle Finley, Oklahoma Agricultural and Mechanical Colleges Board of Regents
An opportunity for internal audit leaders to discuss common topics of concern, issues, and challenges facing institutions of higher learning, to share lessons learned, and to brainstorm with colleagues on audit solutions and best practices. Attendees will have the opportunity to participate in professional peer conversation.

Using a roundtable discussion approach, participants will join in dialog lead by panelists on topics impacting internal audit functions in higher education. CAE’s will share experiences on a number of topics to facilitate group learning. Topics impacting internal audit include:
•    COVID-19 and internal audit’s role
•    Leading a remote audit team
•    Fundamentals in developing an effective Internal Audit Work Plan
•    Additional topics as suggested by participants

The process will afford learning and sharing from a diverse group of audit leaders, designed to provide an opportunity to ask questions, seek advice, share perspectives, and depart with new information and ideas enhancing their leadership knowledge and skillset. 
 
After the session, participants will be able to: 
  • Apply lessons learned from other CAEs to their own work, and share best practices with others
  • Discuss key topics impacting internal audit and CAEs day-to-day
  • Practice leadership skills by engaging in dialog with a diverse group of auditors 
5:00 PM - 6:00 PM
RT1B: IT Roundtable
Presenter(s): Rene Herrera, The University of Texas at Dallas
Ali Subhani, Collin College
 
​The roundtable discussion will focus on common IT problems such as: 
  • Inventory Management – Discuss tools/techniques to gather IT asset information from various systems/reports to develop a complete asset inventory. 
  • Vulnerability Management – Get introduced to tools/techniques to identify high/critical vulnerabilities to understand their impact/risk and identify potential solutions.  
  • Patch Management – Get introduced to tools/techniques to identify missing patches and determine if patches are applied in a timely manner.  
  • Encryption – Discuss the importance of encryption related to data protection and related requirements for breach notifications.  
  • Disaster Recovery – Discuss challenges in managing backup/restore processes; discuss cloud-based solutions such as BOX, OneDrive, Teams, etc.  
  • Account Management/Multifactor Authentication – Discuss best practices that audit functions should be evaluated to ensure only authorized users are accessing the organizations’ computing resources.  
  • VPN – Discuss the challenges of VPNs and how they may impact the ability to identify/scan IT resources connected to the network from remote locations. 
After this session, participants will be able to:
  • Collaborate amongst peers to identify common solutions to common problems. 
  • Identify gaps that are limiting your ability to conduct and effective audit remotely. 
  • Practice leadership skills by engaging in dialogue with peers


 
5:00 PM - 6:00 PM
RT1C: COVID-19 Roundtable
Presenter(s): Kara Kearney-Saylor, University at Buffalo
Amy Hurd, Tulane University
ACUA polled the institutional representative membership population in September 2020 to gain an understanding of how COVID-19 has affected colleges and universities nationwide, including the impact it has had on internal audit departments. The results of the survey will be discussed, and attendees will participate in a roundtable discussion to gain further knowledge and understanding on how COVID-19 has influenced decision making and changes to university operations across the country.   

After this session, participants will be able to:
  • Conduct audit work and advisory services in the Post-COVID-19 environment more efficiently and effectively
  • Utilize benchmarking data for decision making.  
  • Practice leadership skills by networking and discussing industry-wide challenges with peers




 
11:00 AM - 12:00 PM
RT2A: Small Shops Roundtable
Presenter(s): LaDonna Flynn, Pittsburg State University
We will be polling all ACUA member small audit shops and see what they need help with; i.e. risk assessments, audit programs, governance, etc.  The session will focus on discussing the tools and how others can use the tools.  The session will also discuss any areas that others asked for help.   The session will focus on connecting small audit shops so they can share ideas and tools.  We will be taking minutes of the session.  Once the conference is over, all the attendees would receive a copy of the tools discussed and minutes from the session. 

After this session, participants will be able to:
  • Develop strategies to help small audit shops conquer their unique issues
  • Connect with other small shops to share ideas
  • Implement new tools to make their small shop more efficient and effective
11:00 AM - 12:00 PM
RT2B: QAR Roundtable
Presenter(s): Jim Sleezer, Oklahoma State University
This session is an open discussion on QAR practices and procedures.  Possible topics include: 
  • requirements of the standards, 
  • best practices for a QAR, 
  • guidance for dealing with your board, 
  • choosing a full external assessment (EA) versus a self-assessment with independent external validation (SAIV), 
  • finding an assessment team,
  • conducting periodic internal assessments, 
  • preparing for a QAR,
  • reporting the results of a QAR, 
  • simplifying the assessment process,
  • correcting deficiencies,
  • developing a quality assessment and improvement programs (QAIP),
  • remaining in compliance

After this session, participants should be able to:
  • Describe requirements for a Quality Assessment Review, 
  • Prepare for a QAR
  • Recognize and correct deficiencies
  • Implement a QAR for their department
11:00 AM - 12:00 PM
RT2C: Fraud & Fraud Hotlines Roundtable
Presenter(s): Will Hancock, Auburn University
In their 2018 Report to the Nations, the ACFE noted that education ranked seventh on their list of industries with reported fraud, with a median loss of $68,000.   What are we doing at our institutions to detect and investigate fraud?  Are there ways to improve our anti-fraud efforts to  better protect our campuses?

This interactive roundtable will provide an opportunity for attendees to discuss the challenges and opportunities they see in the detection and investigation of fraud at their institutions. We encourage attendees to come and share their current best practices, challenges, and lessons learned.

After this session, participants will be able to:
  • Identify key elements of effective fraud investigation practices.
  • Identify emerging fraud risk areas. 
  • Discuss opportunities for addressing fraud risk areas.
12:30 PM ET - 12:55 PM ET
Closing Remarks
1:00 PM - 2:40 PM
A3: Enterprise Risk Management - What Auditors Need to Know
Presenter(s): Tim Wiseman, University of Wyoming
This program covers a broad overview of Enterprise Risk Management (ERM); distinctions and nuances of ERM in the higher education sector; and both the differences and similarities in auditing, risk management, compliance and legal services roles.  Attendees will gain useful information on key references and standards pertaining which will assist in evaluating ERM program implementation progress and effectiveness.  The session includes interaction and one or more mini case studies or vignettes designed to highlight ways in which internal audit and ERM programs can not only just be compatible, but also complement the goals and objectives of each leading an institution to better stewardship of resources and higher risk intelligence.  

After this session, participants will be able to:
  • Describe Enterprise Risk Management (ERM) and articulate its aims and differences from traditional risk management
  • Assess how internal audit and enterprise risk management work flows can complement each other
  • Evaluate ERM program maturity and effectiveness using new approaches
1:00 PM - 2:40 PM
B3: Partner Successfully with University Peers While Performing Investigations
Presenter(s): Erin Egan, Rutgers University
Don’t be intimidated by the word “investigation!” Through discussion of actual experiences, this session will provide an overview of: investigation procedures (scoping, research, documentation, interviewing); communication during an investigation; identifying units critical in the investigative process; and maintaining independence, confidentiality, and relationships—while still communicating the mission of Audit. 

After this session, participants will be able to:
  • Identify the key concepts of performing investigations as an auditor
  • Recognize which university partners to call upon, and when
  • Formulate how to work with your university partners through performing investigation case study
1:00 PM - 2:40 PM
C3: Approaches to Auditing CARES Act Compliance
Presenter(s): Ashley Deihr, Baker Tilly
Matt Johns, Baker Tilly
The COVID-19 situation on campuses is continuously changing as requirements for the Higher Education Emergency Relief Fund (HEERF) component of the Coronavirus Aid, Relief, and Economic Security (CARES) Act continue to evolve. Rapid CARES Act disbursement guidance combined with evolving legislation and reporting requirements may lead to compliance challenges. As institutions have needed to adapt, internal audit must also evolve to help institutions avoid pitfalls and demonstrate compliance.
 
This session will:
  • Provide an overview of common approaches to disbursing CARES Act funds
  • Discuss pitfalls for the various approaches and what your institution can do to strengthen your position in an audit scenario
  • Provide strategies and methodologies for auditing CARES Act disbursement
  • Share an update on the latest CARES Act reporting requirements and how internal audit can validate the information
  • Provide an overview of audit requirements to prepare your institution for its single audit

After this session, participants will be able to:
 
  • Define common higher education approaches and risks to distributing and using CARES Act funds  
  • Evaluate concrete CARES Act compliance audit strategies and methodologies 
  • Apply OMB compliance supplement addendum audit requirements
2:40 PM EST - 3:00 PM EST
Watercooler
Miss chatting with ACUA colleagues in the hotel lobby between sessions? Us too! Wonder is a virtual space where people can meet and talk. Guests can see who is speaking to whom, and can move around the virtual space by clicking their mouse. To join a conversation, simply move closer to the people you want to chat with; to leave a conversation, move away. Come meet us at the Watercooler, hosted on Wonder!

Click here for a list of supported devices/browsers.
3:00 PM - 4:40 PM
A4: Athletics Stress Testing
Presenter(s): Glenn Murray, University of South Carolina
Lindsey Solomon, University of South Carolina
Stress testing is a financial forecasting process used to evaluate whether an institution has adequate capital and/or assets to respond effectively to adverse events.  Although it should serve as a routine managerial tool, there is currently an increased need for stress testing due to economic uncertainty.  Institutions of higher education are operating in a new social and economic environment fueled by unpredictability due to the COVID-19 pandemic.  As a result, we must rethink many of the norms for which higher education was built to protect our communities and adhere to necessary public health restrictions and guidelines.  Aside from the traditional classroom setting, the effects of these changes are being felt organization-wide, including among Athletics departments.

This session highlights stress testing, or financial forecasting, as it relates to Athletics.  We will start with a basic discussion of financial forecasting, reiterating the importance of developing continuous models regardless of the economic environment.  Next, we will discuss factors that affect Athletics’ revenues and expenditures, particularly as it relates to the current environment (e.g. reduced fan attendance, decreased student enrollment, etc.).  We will then end with a discussion of suggested elements to incorporate into forecasting models and how to subsequently validate those projections from an audit perspective.

After this session, participants will be able to:
  • Demonstrate a basic understanding of financial forecasting, including when it should be performed and what factors should be considered.
  • Describe various factors that affect Athletics’ revenues and expenditures, particularly as it relates to the current environment.
  • Identify appropriate sources from which to develop financial forecasts, methods by which to validate projections, and suggested elements to incorporate into forecasting models.
3:00 PM - 4:40 PM
B4: Talking About Fraud: A Guide to Fraud Training at Your Campus
Presenter(s): Robb Hartman, Colorado State University System
Jennifer Sheahan, Colorado State University System
They say that an ounce of prevention is worth a pound of cure, and what better way to prevent fraud on your campus than to provide fraud prevention training to the front-line employees who have the opportunity to detect fraud red flags in their day-to-day work? In this presentation, you will learn how to give an effective fraud training to your campus. Discussion topics will include what to cover, what to avoid, and how to keep a heavy topic like fraud light and interesting for those in attendance. We will also review the importance of red flags, real world examples of invoices/case studies, and what employees should do if they suspect fraudulent behavior. Finally, we’ll have a discussion on the importance of covering the basics of fraud for campus staff who may not be familiar with what fraud is.

After this session, participants will be able to:
  • Describe the benefit of providing fraud training to your campus.
  • Discuss fraud with campus staff.
  • Prepare and provide a fraud training to give at your campus.
3:00 PM - 4:40 PM
C4: What Auditors Need to Know about Diversity & Inclusion in Higher Ed
Presenter(s): Deidre Melton, Florida A&M University
In a fireside chat with Joyce Ingram, Florida A&M University’s Chief of Staff for Finance and Administration and Chief Human Resources and Diversity Officer, we will provide participants with insights on the challenges that Chief Diversity & Inclusion Officers face and a look inside the diversity and inclusion best practices being implemented at FAMU.  After the fireside chat, participants will be walked through an ACUA Kickstarter on Diversity and Inclusion which will help them to develop audit programs for their own institutions.

After this session, participants will be able to:
  • Identify best practices for Diversity & Inclusion within higher ed
  • Describe the challenges that Diversity and Inclusion Officers are facing when implementing diversity and inclusion programs.
  • Develop a diversity and inclusion audit program to assess diversity and inclusion at their institution.
1:00 PM - 5:00 PM
Post Event Session *Additional Registration Required*
Presenter(s): Vicki McIntyre, FirstPlus Resolutions, Inc. 
CIA Exam Prep Course:  Part 1-3 — The IIA’s CIA Learning System® 

Thursday, March 25th, 2021, 1-5pm EST. 

This Part 1-3 CIA exam prep course is designed to give candidates a high-level introduction and overview of the topics covered on the CIA exam. The course will reinforce your CIA knowledge, clarify topics, and build exam-day confidence. Taught by an IIA CIA-certified instructor, each attendee will have the opportunity to work through practice exam questions, learn test taking tips, and will receive the new Version 7.0 IIA CIA Learning System Full Kit (Part 1-3) materials including the self-study printed books, online software access for 2 years, and a Student Slide Activity book for each part. Attendees will also receive 4.0 CPEs. A fee of USD $600 will be required to attend this course in addition to the regular conference registration fee. Registration for this course will close on March 9, so register early! Course topics will include: 

Part 1:  Essentials of Internal Auditing
•    Foundations of Internal Auditing
•    Independence and Objectivity 
•    Proficiency and Due Professional Care
•    Quality Assurance and Improvement Program
•    Governance, Risk Management, and Control 
•    Fraud Risks 

Part 2:  Practice of Internal Auditing
•    Managing the Internal Audit Activity
•    Planning the Engagement 
•    Performing the Engagement 
•    Communicating Engagement Results and Monitoring Progress

Part 3:  Business Knowledge for Internal Auditing
•    Business Acumen 
•    Information Security 
•    Information Technology 
•    Financial Management 

Please note:  Additional self-study time outside of the classroom will be necessary to prepare for the CIA exam.   
After this session, participants will be able to: 
  • Describe test-taking strategies that will aid in boosting confidence
  • Discuss test topics and materials needed to prepare for the exam
  • Reinforce CIA knowledge through practice exam questions
Track A
Track B
Track C