Virtual Symposium: Trends & Techniques for This Decade’s Auditor

4/14/2020 1:00 PM
4/16/2020 3:00 PM
Eastern Time (ET)
2/13/2020 12:00 AM

Registration will close 24 hours prior to the beginning of the webinar start time listed.

​The Public Sector Audit Center is hosting its third Virtual Symposium, on Tuesday, April 14 and Thursday, April 16 from 1:00-3:00 p.m. ET each day. This premier online training opportunity provides government auditors a chance to learn and engage through a convenient and flexible web-based console. Join us for a dynamic four-part live-streaming symposium specifically designed for the public sector auditor.

Sponsored by: Wolters Kluwer

Topic 1: The Challenges and Opportunities with Public Private Partnerships

Date: Tuesday, April 14, 2020
Time: 1:00–3:00 p.m. ET

Public Private Partnerships (P3s) are growing and evolving. As we know, P3s are contractual arrangements between a public sector organization (federal, state, or local) and a private sector organization. Through the agreement, the skills and assets of each sector are shared in delivering goods and/or services such as a facility for the use by the general public. This virtual symposium is going to cover the challenges and opportunities with dealing with P3s. How can a P3 project’s underlying risks be managed properly and allocated fairly? How can the projects be completed successfully? What are the implications for public sector internal audit activities when faced with auditing the critical components associated with private sector third parties and large capital projects?

Learning Objectives

  • Understand the challenges and opportunities inherent in dealing with P3s.
  • Learn how a P3 project’s underlying risks can be managed properly and allocated fairly.
  • Examine the implications for public sector internal audit activities when faced with auditing the critical components of P3s.

Speakers

Bob HelwigBob Helwig, J.D.
Attorney, Project Consultant

A lawyer, project consultant, and development executive focusing on public-private transactions. Bob is a thirty-year veteran in implementing public-private programs and projects (P3). For ten years he was a civilian real property specialist in the Department of the Air Force. In 1995, he joined the DOD office responsible for executing the newly enacted Military Housing Privatization Initiative (DOD's public-private partnership program for housing). For fourteen years, he served as the Deputy Director of the DOD Directorate responsible for implementing the department's public-private programs and projects. Bob has been involved in all aspects of the public-private process, including concept development, contract solicitation, deal structuring, portfolio management, budget scoring, Congressional reporting, and financial analysis. He developed the long-term policy and guidance as well as the program evaluation framework for DOD's housing and utilities P3 programs. He serves as a co-chair of the ABA Privatization, Outsourcing, and Financing Transactions Committee and as a member of the Federal Accounting Standards Advisory Board (FASAB) Task Force on Public-Private Partnerships. Bob is a Doctoral Candidate in Public Administration at the University of Baltimore where he is writing his dissertation on The Public Administration of Justice Concerning Public-Private Partnerships. He holds a Juris Doctor from the George Washington University Law School. He also holds a Master’s Degree in International Policy and Economics from the Monterey Institute of International Studies and Bachelor Degrees in Political Science and French from California State University at Long Beach. He is a member of both the Maryland and Washington, D.C. Bars.

Larry CheccoLarry Checco
President, Checco Communications

Larry Checco is president of Checco Communications and a nationally sought-after speaker and workshop facilitator on leadership, organizational management, and branding. He also serves as a consultant to both large and small nonprofit organizations, companies, foundations and government agencies, and is a member of the Government Accountability Office's (GAO's) task force on public-private partnerships, or P3s. Larry's books, Branding for Success: A Roadmap for Raising the Visibility and Value of Your Nonprofit Organization, and Aha! Moments in Brand Management: Commonsense Insights to a Stronger, Healthier Brand have sold thousands of copies throughout the United States, Australia, Canada, South Africa, Sweden, Israel, Southeast Asia, and elsewhere around the globe. Larry also writes political and economic columns, as well as personal essays for several online publications, including Accountability Central, Inequality.Org, and BoomerCafe. His articles are cited and reprinted on countless websites. Larry holds a degree in Economics from Syracuse University, as well as an MA in Journalism and Public Affairs from American University.

Moderator

Dominic SaviniDomenic Savini, CMA, CPA
Assistant Director, Federal Accounting Standards Advisory Board

Mr. Savini is an assistant director at the Federal Accounting Standards Advisory Board (FASAB) where he primarily serves the Board in the area of infrastructure addressing such issues as deferred maintenance and repairs, asset impairment, and public-private partnerships. He began his career with the Defense Contract Audit Agency supervising both mobile and resident audit teams performing a host of compliance, operational and financial statement audits. As a result of his accomplishments, in 1998 he was selected for the prestigious Director’s Fellowship Program. Mr. Savini also worked for the Department of the Navy’s Military Sealift Command as a financial analyst and contract negotiator where he was primarily responsible for financial management of the Navy’s multibillion dollar Maritime Pre-positioning Ship program. Mr. Savini also served in several prominent positions with the Department of Housing and Urban Development’s (HUD) Real Estate Assessment Center (REAC). Notably, as Director of REAC’s Public Housing Authority (PHA) Finance Division, he directed the financial assessment and GAAP conversion of HUD’s 3200 Public Housing Agencies and was also responsible for developing nation-wide financial analysis training for HUD staff. Prior to joining FASAB, Mr. Savini held the prestigious position of Director of Finance & Administration with the Smithsonian Institution’s Sackler/Freer Galleries of Art. Mr. Savini is a member of the Government Finance Officers Association Special Review Committee, American Institute of Certified Public Accountants and the Virginia Society of Certified Public Accountants. He serves as a Board member with the Association of Government Accountants (AGA) CEAR program and with the Institute of Internal Auditors Public Sector Audit Center and is a Fellow with the Institute for Responsible Infrastructure Stewardship. Mr. Savini has a bachelor’s degree in accounting from Kean University, master’s degree in general administration from Central Michigan University, and is a Certified Management Accountant (CMA). He is a licensed Certified Public Accountant (CPA) in New Jersey and Virginia.

Topic 2: How to Audit Public Private Partnerships

Date: Thursday, April 16, 2020
Time: 1:00–2:00 p.m. ET

Public Private Partnerships directly impact audit planning, as it touches on financial, operational, compliance matters, and so many other things within an organization. Once the project objectives, scope, respective responsibilities, and expectations are identified, internal auditors now need to verify the project execution progress and outcomes while using P3s. In this session, participants will learn how to audit public private partnerships. You will learn what to look for regarding P3 performance issues, financial risks, and compliance matters. You can also learn certain methods and strategies internal audit and/or organizations can take in managing the relationship between P3 organizations and other stakeholders. Because of typical long-term agreements, specific audit planning regarding P3s is needed to foster accountability and improve understanding of the general risks inherent in P3 arrangements.

Learning Objectives

  • Recognize what to look for regarding P3 performance issues, financial risks, and compliance matters.
  • Develop methods and strategies to manage the relationship between P3 organizations and other stakeholders.
  • Learn how to foster accountability and improve understanding of the general risks inherent in P3 arrangements.

Speaker

Sam BeydounSam Beydoun
Project Development Lead, The Build America Bureau

Sam Beydoun recently joined the US Department of Transportation Build America Bureau as a Project Development Lead in the Office of Outreach and Project Development. He is responsible for providing technical assistance to State and Local clients who are developing projects that may be eligible for federal credit assistance. In recognition of his expertise, Sam has been invited to speak at numerous P3 conferences and workshops in the U.S. and abroad. Prior to Joining US DOT, Sam served as Bureau Chief for Innovative Project Delivery at the Illinois Department of Transportation. He was responsible for standing up the Alternative Delivery Program and building the capacity and capabilities of the office. He led the development of guidelines and the manual for delivering Public Private Partnerships (P3) projects. Sam also advised C-level executives on legislative and policy issues, as well as, commercial and financial matters. Prior to Illinois, Sam served as the Acting Deputy Director in the Virginia’s Office of Public-Private Partnerships (VAP3). He was responsible for supporting the development, procurement, and implementation of complex projects through Virginia’s P3 Legislation, while also, contributing to statewide policies and programmatic initiatives.

In his roles in Illinois and Virginia, Sam supported and oversaw the delivery of major and complex transportation P3 and Design-Build projects, including the Transform 66 project in Northern Virginia, I-395 Express Lanes, the Fredericksburg Extension of HOT Lanes on I-95, and I-55 Managed Lanes in Chicago, Illinois. Sam has a Master’s in Business Administration from James Madison University. He also completed graduate coursework in Systems Engineering at the University of Virginia. He is certified as a Project Management Professional (PMP) and Design-Build Professional (DBIA).

Topic 3: Shared Accountability in Public Private Partnership – Who is Minding the Risks?

Date: Thursday, April 16, 2020
Time: 2:00–3:00 p.m. ET

Public sector auditors dealing with P3s and working horizontally across government departments and agencies, will inevitably face the issue of shared accountability versus no accountability, while hoping to not hear the question “where were the auditors”? Different organizational cultures, limited mandates – especially for the municipal and provincial internal audit function, and the navigation of politics can add pressure to internal audit’s management of the process. Where to focus your internal audit function’s assets when there are too many risks? This session will address how public sector auditors working in the P3 arena can gain the backing of the audit committee, board, or decision-making entity, learn strategies for providing timely advice and assurance to all parties, and hear about lessons learned from working with interjurisdictional relationships to bring added value.

Learning Objectives

  • Understand the importance of shared accountability when working with P3 agreements.
  • Learn where to focus internal audit function assets in the face of numerous risks.
  • Develop strategies to gain the backing and trust of audit committee, board, or decision-making entity.

Speaker

Dena PalamedesDena Palamedes, CIA, CPA, CFE, CCSA, CRMA
Chief Audit and Evaluation Executive, Consultant

Dena Palamedes has worked in numerous Federal Government departments and agencies for more than 36 years. Her experiences are varied and include: managing the structural transformation at Transport Canada in Civil Aviation; leading a team of auditors who reported to Parliament on federal hiring practices; the recruitment and development of the Federal Government’s Internal Audit community; and providing authoritative internal audit professional guidance. Dena has fulfilled internal audit and financial roles at: Canada Customs and Revenue Canada; Employment and Immigration; and National Defence. Dena received a Bachelor of Arts (BA) degree with a concentration in Economics from the University of Western Ontario. She holds CPA, CMA, CIA, CCSA, CFE and CRMA certifications. In December 2016, Dena retired from the position of Chief Audit Executive (CAE) and Director General, Internal Audit and Program Evaluation for the Canada Border Services Agency (CBSA). Dena currently consults in Internal Audit and program evaluation in the Canadian Federal Public Administration and is an IIA Canada facilitator.

Pricing

IIA Member $85 | Nonmember $160
Groups of 3 or more, contact PSAC@theiia.org or +1-407-937-1111 for special rates.

Event Information

Course Duration: 2-4 hours
CPE Hours: 4
Knowledge Level: Intermediate
Field of Study: Auditing (Governmental)
Prerequisites:

​Experience in the public sector auditor field.

Advance Preparation:

​None

Delivery Method: Group Internet based
Virtual Symposium

The IIA 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 .

Registration will close 24 hours prior to the beginning of the webinar start time listed.