Illinois Government Finance Professionals' Advanced Academy II Webinar Series

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Date EXPIRED EVENT
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Time 9:25am–3:00pm
Delivery Method Webinar
Field of Study Finance - Technical - 3.0 Information Technology - Technical - 1.0 Auditing (Governmental) - Technical - 2.0 Personnel/Human Resources - Non-Technical - 1.0
NASBA CPE Earn 7.00 CPE Hours
Contact IGFOA
info@igfoa.org
630-942-6587

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Event Description

Join us for the Illinois Government Finance Professionals' Advanced Academy II Webinar Series, where we'll tackle key issues affecting local governments head-on. Explore the impact of cyber-attacks on municipal operations and credit ratings. Get a handle on audit best practices with an overview of the Yellowbook. Dive into advanced budgeting techniques, employee recruitment, internal controls, and investment strategies. With six sessions spread over two days, experts will provide practical insights to help you safeguard your community and prepare for what lies ahead.

AGENDA
SPEAKER BIOS

SESSION DESCRIPTIONS & LEARNING OBJECTIVES

Wednesday, May 1, 2024

9:25 - 9:30 AM - Welcome, Introductions and Housekeeping

Session 1:  9:30 - 10:20 AM - CYBER SECURITY RISK AND YOUR CREDIT RATING 

News of cyber-attacks are now daily occurrences, impacting large and small entities alike. Governments are not immune to the trend, and in 2023 a number of cyber-attacks have slowed or stopped governments from delivering necessary services. What should IGFOA members consider when thinking about cybersecurity?  What are the national trends?  And how can this affect your credit rating?  Please join two analysts from S&P Global Ratings to explore the answers to these questions.

Speakers:  Geoff Buswick, U.S. Public Finance Government Sector Lead, S&P Global Ratings and Krystal Tena, U.S. Public Finance Cyber Focus Team Lead, S&P Global Ratings 

Program Level: Overview Field of Study: Information Technology - Technical NASBA CPE: Earn About 1.0 CPE

Session 2:  11:00 - 11:50 AM - YELLOWBOOK AUDIT:  IMPROVING AUDIT EFFICIENCY

This session will cover a brief overview of the Yellowbook and then go into more detail regarding Independence, Safeguards and potential consequences on Financial Statement Preparation.  The session will also touch on ideas to consider for improving the audit approach.

Speaker:  Christine Torres, Partner, Crowe LLP

Program Level: Overview Field of Study: Auditing (Governmental) - Technical NASBA CPE: Earn About 1.0 CPE

Session 3:  1:30 - 3:00 PM - ADVANCED BUDGETING: DEFINING GROWTH FACTORS IN MAJOR COST CENTERS AND HOW TO TRACK MACRO TRENDS

This session will provide methods of ongoing analysis of your municipal budget from a “top-down” approach. Discussions will center around identifying cost centers that drive your budget, straightforward ways to develop tracking models, identifying economic factors and trends, and how to communicate major budget trends to elected officials and citizens.

Speaker: Julie Zolghadr, Retired Budget Division Manager, City of Springfield

Program Level: Advanced Field of Study: Finance - Technical NASBA CPE: Earn About 1.5 CPE
Prerequisites: General understanding of budgeting is helpful but not necessary.

Thursday, May 2, 2024

9:25 - 9:30 AM - Welcome, Introductions and Housekeeping

Session 1:  9:30 - 10:20 AM -  IT'S STILL A CANDIDATES' MARKET - WHAT YOU CAN DO TO                      RECRUIT AND RETAIN YOUR DREAM TEAM

Local government finance has always had challenges in recruiting due to more lucrative opportunities in the private sector and it is truer now than ever before.  The good news is it is not all about money. It is all about leadership and employee engagement. This session will look at employee recruitment and retention from many angles including how and where to reach out to potential candidates, what you need to offer as an employer, the attraction of working in the public sector and most important, how you can retain and develop the team you have.

Speaker:  Heidi Voorhees, President,GovHR USA

Program Level: Overview Field of Study: Personnel/Human Resources - Non-Technical NASBA CPE: Earn About 1.0 CPE

Session 2:  11:00 - 11:50 AM - FRAUD AND INTERNAL CONTROLS

This session will focus on adhering to the three A’s (accountability, authorization, and approval principles) of internal controls used to mitigate the risk of running into the big F (Fraud).

Speakers:  Paige Morgano, Audit Manager, Public Sector, RSM US LLP and Bill Sarb, Audit Partner, Public Sector, RSM US LLP 

Program Level: Overview Field of Study: Auditing (Governmental) - Technical NASBA CPE: Earn About 1.0 CPE

Session 3:  1:30 - 3:00 PM - WHO, WHAT, WHERE & WHEN OF CASH MANAGEMENT & INVESTING

Learn about the investment options available to municipalities as outlined in IL State Statute, 30 ILCS-235.   Then explore each investment type in more detail, including tips on what investors should know prior to purchasing, including risk and liquidity review.  Finally, dive into when a municipality should invest, which should be determined through cash flow analysis, and how to invest to achieve optimal results.

Speaker:  Courtney E. Soesbe, Vice President, Sr. Relationship Manager, PMA Financial Network, LLC

Program Level: Overview Field of Study: Finance - Technical NASBA CPE: Earn About 1.5 CPE 

Delivery Method: Group Internet Based
Program Level:  See above sessions
Prerequisites:  No prerequisites required, unless stated above
Advanced Preparation: No advanced preparation required, unless noted above
Field of Study: See above sessions
Last Review/Revision/Update: April 19, 2024
NASBA CPE Credits: Earn about 7.0 CPE credits

IGFOA reserves the right to modify the agenda, sessions, and speakers.

Registration & Cancellation Policy

Payments by check should be mailed in advance or made at time of registration by credit card. 

Cancellation of an event registration is subject to the following policy:
• No refunds will be given for cancellations the day of the event and no shows.
• For IGFOA event registration cancellations five (5) business days or more prior to an event, refunds will be offset by a $20 cancellation fee. 
• For IGFOA event registration cancellations within five (5) business days of the training, refunds will be offset by a cancellation fee of 50% of the registration fee.
• A substitute attendee may be designated provided that the payment has been made and the IGFOA office has been notified in advance.
• Cancellation policy for chapter events may differ from this policy at the chapters’ discretion. 
• A written request for a refund must be emailed to the IGFOA prior to the event.

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

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

If you have questions about the cancellation and refund policy, your membership, or a complaint, please 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.

Approved by the National Registry of CPE Sponsors

CPE SponsorsCPE Registry Illinois Government Finance Officers Association (IGFOA) 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 submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

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