2012 Gaming Conference: Session Detail

CS4-1: WEDNESDAY APRIL 11, 2012, 3:55-5:10 p.m.

How to Audit Cage and Credit

Craig Robinson, CIA
Director, Finance and Chief Financial Officer, Argosy Casino Alton
Chelle F. Adams, CPA
Partner-in-Charge, Hospitality & Gaming Services Group, RubinBrown LLP
  • Get an overview of the cage and credit functions.
  • Gain an understanding of the risks associated with the cage and credit functions.
  • Discuss controls and effective procedures to audit the cage and credit functions.
  • Review routine audit procedures, common findings, and areas on which to focus during a cage audit.
 
NASBA - AUDITING

Presenter Biography: Craig Robinson, CIA

Craig Robinson is the current Director of Finance and CFO for the Argosy Casino in the St. Louis market, which is a member of the Penn National Gaming family.  In his current role, Robinson oversees Accounting, Finance, Casino Cage, IT, Risk Management, Purchasing, Receiving and Operational Analysis. Robinson is a 20-year veteran of the gaming and internal audit industry. Previously, he held leadership positions with Jefferson Wells, Argosy Gaming Co., Carnival Resorts and Casinos, KPMG, and Arthur Andersen. Robinson is the former chairman and current member of The IIA's Gaming Audit Group, and he currently serves on the Board of Governors for The Institute's St. Louis Chapter. He was nominated by his peers to speak at The IIA's All Star Conference on four separate occasions. Robinson has authored two editions of Auditing the Casino Floor: A Handbook for Auditing the Casino Cage, Table Games and Slot Operations, published by The IIA.


 
Presenter Biography: Chelle F. Adams, CPA

Chelle Adams has significant accounting, internal audit, and gaming experience. During her professional career, she has served approximately 20 commercial, riverboat, and tribal casinos in eight states. Chelle brings a depth of gaming expertise from her time spent at a Big 4 accounting firm in which she served a wide range of gaming clients.  Her gaming experience includes adjusted gross receipt audits, operational audits, and working closely with both regulators and operators.  In addition, Adams has helped several public companies comply with Sarbanes-Oxley regulations, performed integrated risk assessments, and executed numerous specialty internal audit engagements, including cost recovery and continuous improvement. In 2008, Adams was recognized by the St. Louis Business Journal as one of St. Louis' Most Influential Minority Business Leaders. Chelle currently serves on the Board of the IIAs Gaming Audit Group.


 
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