IGFOA Downstate Chapter Southern Region Professional Development Seminar

Presented by the Downstate chapter

Downstate chapter

Thursday, April 27, 2017, 9:30 AM–2:00 PM

Anthony's Wild West, 107 E. North Ave., Flora, IL 62839 Map »

  • Members $15.00 Before Apr 27, 2017
  • Government staff members $15.00 Before Apr 27, 2017
  • Non-members $25.00 Before Apr 27, 2017

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Description

Agenda, Speakers, and Learning Objectives

9:00 AM – 9:30 AM
          
Registration & ContinentalBreakfast 

9:30 am – 10:45 AM       
CREATING A FRAUD RESPONSE PLAN
Speaker: Jeremy Plank, CFE, CPA,C.J. Schlosser & Company, L.L.C.   
Description: This session will include a framework for creating a Fraud Response Plan and the benefits to both the entity and the finance professional.  The framework will be applied to real scenarios to see how a Fraud Response Plan would have helped.
Learning Objectives - Participants completing this session will be able to:
1Understand the basic framework of a Fraud Response Plan. 

11:00 am – 11:50 PM
      
AN INTRODUCTION TO CASH FLOW FORECASTING WITH A FOCUS ON THE INVESTOR'S PERSPECTIVE
Speaker: Sofia Anastopoulos, CFA, Executive Director, Chief Investment Officer, Illinois Metropolitan Investment Fund 
Description:  This session will focus on practical concepts governments should keep in mind when investing their government funds, including knowing who they are doing business with, employing competitive procurement for selecting financial providers, creating simple cash flows, creating and keeping their investment policy “fresh”, and implementing some basic investing tactics.

Learning Objectives - Participants completing this session will be able to:
1. Understand why it is important to procure financial providers competitively.
2. Create and maintain an investment policy.
3. Appreciate the value of an investment policy to guide the entire investment program.
4. Understand the value of having a cash flow forecast in investing.
5. Create and maintain a simple cash flow forecast.
6. Appreciate diversification to manage risk in the investment portfolio. 

11:50 PM – 12:45 PM       
LUNCHEON 

12:45 PM – 2:00 PM
2017 LABOR AND EMPLOYMENT LAW UPDATE, A NON-TRADITIONAL APPROACH TO CONTRACT NEGOTIATIONS, AND RELATED BUDGET CHALLENGES
Speakers:       
Corey L. Franklin, Attorney, Lowenbaum Law
Mitchell Bair, City Manager, City of Collinsville

Description: This session will review new labor and employment laws in Illinois that impact Illinois Municipalities.  In addition, the session will discuss a ‘non-traditional’ approach to union contract negotiations.  Rather than the ‘traditional’ negotiated percentage wage increases, this session considers a dollar based wage adjustment, proposing several changes with regards to wages and benefits and contract negotiations.  Finally, the session will examine the challenges in preparing a budget covering these ‘non-traditional’ wage negotiations and determining the outcome on the bottom line of the budget.
Learning Objectives - Participants completing this session will be able to:
1. Improve knowledge of 2017 Illinois wage and employment laws effecting Illinois Municipalities.
2. Increase awareness of a ‘non-traditional’ approach to labor union negotiations.
3. Explore challenges in the budgeting process for ‘non-traditional’ wage and benefits.
4. Learn how to determine outcomes of wage negotiations on the bottom line of a budget. 

2:00 PM
CLOSING REMARKS AND NETWORKING

Intended Audience: Finance Professionals
Delivery Method:
 Group-Live
Program Level: Overview
Prerequisites: No prerequisites required
Advanced Preparation: No advanced preparation required
Field of Study: Accounting (Governmental), Finance 
Earn About 4.0 CPE credit

IGFOA reserves the right to modify the agendas and/or speakers, cancel the trainings due to low enrollment, or to close registration if full.  

CPE hours: 4.00

For more information

IGFOA
info@igfoa.org
630-942-6587

Registration and cancellation policy

Registrations are accepted on a first-in, first registered basis. Payments by check should be mailed in advance or made at time of registration by credit card. 

IGFOA Members are those individuals from the Public Sector, Partner, and Individual Firm specifically listed in the IGFOA Membership Directory. IGFOA Government staff member rate applies to staff, appointed officials, and elected officials of a government with a current IGFOA membership. If you have questions about your membership, contact IGFOA at 630-942-6587. The IGFOA reserves the right to apply the non-member fee to any individual or government that has not paid dues for the current year. If you are unable to attend, please contact IGFOA at 630-942-6587 or info@igfoa.org as soon as possible.  A $10 cancellation fee will be charged for cancellations up to April 20, 2017. Cancellations  April 20, 2017 and no-shows are responsible for the full tuition.

IGFOA Downstate Chapter reserves the right to modify the agenda, cancel the event due to low enrollment, or to close registration if full. Should IGFOA Downstate Chapter cancel an event, cancellation notice will be sent to the email address provided by each registrant and prominently posted at the IGFOA website page announcing the event. 

By submitting this registration, the applicant agrees to the registration and cancellation policy above.

Approved by the National Registry of CPE Sponsors

CPE RegistryIllinois Government Finance Officers Association is registered with the National Association of State Boards of Accountanc (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 submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

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