Internal Bank Audit School

The Indiana Bankers Association is happy to announce the Crowe, LLP will present this timely, two-day program for the IBA membership. Crowe LLP provides innovative business solution in the areas of assurance, benefit plan services, financial advisory, forensic services, performance services, risk consulting and tax consulting. The 2025 Internal Bank Audit School is formatted to provide detailed guidance over current regulatory hot topics such as how to audit the lending function, mortgage banking functions and current expected credit (CECL). Day two of the school will cover enterprise risk management & internal auditing, the essentials of risk, Basel auditing and also recent trends in financial institution fraud.

PDF Brochure

Crowe LLP (www.crowe.com) is a public accounting, consulting and technology firm that uses its deep industry expertise to provide audit services to public and private entities. The firm and its subsidiaries also help clients make smart decisions that lead to lasting value with its tax, advisory and consulting services.

Agenda

8:30 a.m. Registration & Continental Breakfast
9:00 a.m. Program Begins
12:00 Noon Lunch (included)
1:00 p.m. Program Resumes
4:00 p.m. Program Adjourns

Topics

Auditing the Deposit Function
- Overview of the Deposit Function
- Internal audit objectives and procedures related to:
  - Account Opening
  - Account Closing
  - Disbursements
  - File Maintenance
  - Masterfile Changes
  - Overdrafts
  - Dormant Accounts
  - Statements
  - Item Processing

Auditing Branch Operations Function
- Overview of the Branch Operations Function
- Internal audit objectives and procedures related to:
  - Cash
  - Consignment Items
  - Hold Mail
  - Night Depository
  - Physical Security
  - Safe Deposit Boxes
  - Disbursements
  - Branch ATM
  - Policy and Procedure Review
  - Risk Reporting
  - System Access

Speaker(s)

Nancy Kwak is a Senior Manager within Crowe’s Consulting practice. She is responsible for managing outsource and co-sourced internal audits, regulatory compliance (primarily 12CFR9), and Sarbanes-Oxley (SOx) & FDICIA Compliance for financial institutions located nationwide. ?Nancy has focused on serving the banking and financial services industries. She has broad experience of Bank Operations and has worked extensively with financial institutions to provide risk assessments an oversee the scoping, planning, and delivery of fieldwork and reporting of audit results. Nancy devotes a significant portion of her time specializing in Wealth Management – Trust Administration and Operation audits, and SSAE18 (SOC-1) attestations and spends a significant amount of time providing Trust/Fiduciary consulting services to Bank Wealth Management Departments and Trust Companies nationwide.

Marc Calvey is a Senior Manager working with Crowe LLP specifically serving financial services companies within the Consulting Group and is responsible for risk assessments and internal audit projects. During his career, Marc has spent the majority of his time focusing on the banking/financial service sector. Overseeing the auditing of internal controls; providing value added recommendations for identified deficiencies and identifying potential “best practice” business improvement opportunities. Marc helped his clients implement FDICIA/SOx control frameworks and assisted in performing related activities such as key control testing and evaluation of control design and operating effectiveness. He also performs technical rereviews over a variety of activities including Asset Liability Management, Electronic Banking, and Allowance for Credit Losses functions within financial institutions.

Additional Information

Auditing the General Accounting and Financial Reporting Functions
- Overview of the General Accounting and Financial Reporting Functions
- Internal audit objectives and procedures related to:
  - Budgeting and Forecasting
  - General Ledger Administration
  - Internal DDA Accounts
  - Accounts Payable
  - Employee Expenses
  - Call Reports
  - Period-End Close

Auditing the Investment Function
- Overview of the Investment Function
- Internal audit objectives and procedures related to:
  - Purchases
  - Sales
  - Safekeeping
  - Accounting Treatment
  - Trading
  - Policy and Procedure Review
  - Reconciliations
  - Risk Reporting
  - System Access

Auditing the Payroll Function
- Overview of the Payroll Function
- Internal audit objectives and procedures related to:
  - Payroll Set-up
  - Payroll Processing
  - Payroll Time & Attendance
  - Payroll Accounting & Reporting
  - Payroll Oversight
  - Policy and Procedure Review
  - Reconciliations
  - Risk Reporting
  - System Access

Compliance Hot Topics and Approaches to Audit Them

Fees

The following fees include the program, training materials, continental breakfast, lunch and refreshments.

Indiana Bankers Association & Illinois Bankers Association Members:

$595 per person

Virtual Option:

$595 per person

Participation in IBA programs is limited to members, associate members, and nonmembers from an eligible membership category at applicable member or non-member rates.

location

This seminar will be held at the IBA Center for Professional Development, 8425 Woodfield Crossing Blvd. Suite 155E, Indianapolis, IN 46240. Directions, map & a list of local hotels are available at www.indiana.bank or by calling 317-387-9380.

Association Contact

If you have any questions please contact Elizabeth DeHaven at 317-387-9380 or via e-mail at edehaven@indiana.bank

Cancellation Policy

Within three or more business days prior to the day of an educational program, no cancellation charge will be assessed. Within two days prior, 50% of the fee is assessed. Refunds are not provided for cancellations the day before or absences on the day of the program. Substitutions are welcome at anytime.

Event