Do you know the necessary steps to build an internal audit team? It’s a familiar story from supervisory committees: Your credit union has grown year after year. You have traditionally outsourced your audits to third party vendors. But now it’s time to put an internal audit team in place. But this is new territory, and you’re a volunteer with limited time. How do you go about this? And what resources do you need?

Dave Manning, chairman of the supervisory committee and board member of Coastal Federal Credit Union in Raleigh, NC, has been through this process and you’ll learn from his experience.

In this webinar, you’ll learn:

• What qualifications your new auditors will need
• How to go about finding them
• Resources you can turn to for help
• Best practices to get you started
• How to integrate internal audit staff into the culture of the credit union
• How to get senior management (and the rest of the employees) to embrace them
• What the management structure looks like

Did you know? 3 credits can be earned toward the CUNA Volunteer Certification Program (Level 2, Safety & Soundness Category for the Board Track and Level 2, Internal Audit Category for the Supervisory Committee Track) to earn your Certified Credit Union Volunteer designation by successfully completing the optional exam.

Just like in face-to-face classes, CUNA Webinars allow you to see and hear a presentation, ask questions of the instructor, and refer to handouts. You need only a speakerphone and computer with Internet connection. With a computer projection screen, it's easy to provide this training to a whole roomful of staff! When you register for an event, the connection information will be e-mailed to you 24-48 hours before the event. If you are registering for an event the day it is being held, please call 800-356-9655, ext. 4249 or e-mail training@cuna.coop for assistance.

Did you know...in addition to attending this event live, your tuition includes six months of unlimited access to the archived (recorded) event within 48 hours of the live event for your entire credit union. See the archived events available to you and your credit union.

CUNA Webinars use Adobe Connect to provide an interactive and convenient online learning environment. Whether you are a first time Adobe Connect user, or simply need a refresher, take a short tour. You'll learn how to effectively interact with the presenter and your peers during live webinars.

Can't attend at this time? Click here for the archived version.

This webinar is beneficial for credit union volunteers - both Supervisory Committee and Board members.

Affiliation with CUNA/League is required for attendance.

Dave Manning
Dave has been a credit union member for over 40 years with his first account at Navy Federal Credit Union. He is currently a member at Northeast Federal Credit Union and Coastal Federal Credit Union, where he has been a member for the last 15 years. Dave was recruited to be a volunteer with Coastal FCU in 2003. During that time, he has served on the supervisory committee, the board advisory committee and the nominating committee. Dave was appointed to the chairman of the supervisory committee in 2008 and was appointed as a board member in 2009. When Dave joined the volunteer ranks at Coastal FCU, all audit functions had outsourced to external vendors until 2010. Due to Coastal’s growth and size, it was recommended that an internal audit team be established. Dave was responsible for transitioning the audit function in-house.

Dave currently works at SAS institute as a partner development executive.

The last day for cancellations was November 1, 2011. Substitutions are accepted anytime prior to the start of the program at no additional cost. Simply fax event and contact information, listing the new participant and who they will be replacing. Cancellation fees do not apply for free or complimentary programs.