RISK MANAGEMENT CONFERENCE The Value of Harnessing Corporate Governance, Risk and Compliance

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1 RISK MANAGEMENT CONFERENCE Sponsored by: May 7, 2012 Crowne Plaza Overland Park 8:00am 2:55pm Members $ Non-members $ Hrs CPE-1 Hr Ethics / 5 Hrs MO CLE Credits Approved / 6 Hrs KS CLE Credits Applied For CLICK HERE TO REGISTER TODAY on Or call

2 KSCPA Risk Management Conference Steering Committee: Lynn Fountain, MBA, CPA, CGMA, Chair, President, Fountain GRC, Overland Park Dan Crumb, CPA, CGMA, Chief Financial Officer, Kansas City Chiefs, Kansas City Barb Schaffert, CIA, CIDA, Senior Manager, Grant Thornton LLP, Kansas City Tammie Wahaus, CPA, CGMA Managing Member, Tammie Wahaus, CPA, LLC, Kansas City Mary MacBain, CPA.CITP, CGMA, President/CEO, Kansas Society of CPAs, Topeka There can be no reward without risk, so risk is something every organization and CPA firm deals with on a daily basis. Companies today must continuously evaluate and create strategies related to risk. The KSCPA Risk Management Conference is designed for CPAs in public practice, business, industry, government & education as well as internal auditors, CFO s, chief risk officers, risk managers, attorneys, and other C-suite executives. This conference is a unique opportunity to understand the value of harnessing corporate governance, risk and compliance. Managing risk is complicated by rules and regulations. Participants will gain a practical understanding of how our local NFL organization maintains control in a complex environment, and learn about methods and tools that are used to monitor and identify risks on a real-time basis. Corporate governance, risk and compliance (GRC) practices will be covered and recent corporate incidents reviewed with the critical elements that a company should focus on to create a holistic approach to GRC outlined. The role of internal audit in leading education on enterprise risk management (ERM) for both the board and management to achieve expected results will be covered. A lively ethics topic will provide a positive framework for hiring employees with high integrity and creating an environment which helps ensure that company personnel maintain their moral compass. May 7, 2012 Crowne Plaza Overland Park 8:00am 2:55pm Members $ Non-members $ Hrs CPE-1Hr Ethics / 5 Hours MO CLE Credits Approved / 6 Hrs KS CLE Credits Applied For Special rate of $89 available at Crowne Plaza Call and state Kansas Society of CPAs, or click here to make your reservations on-line.

3 KSCPA Risk Management Conference SCHEDULE Monday, May 7, :00 8:30 am Registration & Continental Breakfast 8:30 8:35 am Welcoming Remarks: Lynn Fountain, Conference Chair 8:35 9:25 am Bite Size ERM - Warren Stippich, CPA, CIA, Partner, Chicago Practice Leader, National Governance, Risk and Compliance Solution Leader, Business Advisory Services, Grant Thornton Barbara Schaffert, Senior Manager, Grant Thornton, Kansas City, MO Speaker Sponsored by: ERM discussions have gained a lot of momentum and interest in the board room. In part, driven by the economic collapse of Wall Street and catastrophic global events (Gulf Coast oil spill), many board members are wondering if Wall Street and big business could have done more holistically to have anticipated risks that drove some of the calamity. Board members have been challenging management to make sure that their companies don't have unanticipated surprises and that uncertainties are identified, discussed and managed with an appropriate plan. Management is concerned that ERM, while beneficial, may prove to challenging to implement due to perceptions about this being a monstrous exercise. The cost benefit is hard to justify in management's mind. Internal audit is in the middle of these discussions many times and has to seek a win-win point of view. Internal audit leads the education of both the board and management on ERM and that ERM can be implemented in phases and does not have to consume everyone for a long period of time to yield expected results. Timothy R. Lee, Senior Vice President, Mercer Capital, Memphis, TN 9:25 10:15 am Risk Management, Governance and Financial Control Practices Dan Crumb, CPA, CGMA, CFO, Kansas City Chiefs The complexities involved in managing and controlling the business surrounding a professional football team can be considered unique. Day-to-day dealings with reputation control are often the focus fans see. However, behind the scenes is a multitude of financial and risk management professionals who are concentrating on the many game day and pre-game day processes of controlling cash and other financial processes in order to accurately report earnings to owners and the NFL. The seemingly simple act of cash collection by vendors needs to be strongly controlled and managed to ensure cash collection from 70,000+ fans enjoying game day is well managed. Dan will provide a unique perspective on how our city s premiere NFL team handles many of their financial processes and his views on maintaining a strong control environment around these processes. 10:15 10:30 am Networking Break

4 KSCPA Risk Management Conference SCHEDULE Monday, May 7, 2012 (Continued) 10:30 11:45 am Complexities of Enabling Strong GRC Processes in Corporate America Lynn Fountain, MBA, CPA, CGMA, President, Fountain GRC, Overland Park As corporate America continues to deal with the struggling economy, focus of stakeholders has strongly shifted from simple risk management practices to overall governance, risk and compliance (GRC) requirements. The new Dodd-Frank act and focus on FCPA controls along with Whistleblower rules are a few examples of why corporations need to focus on more holistic approaches to their siloes of governance, risk management and compliance programs. Lynn will examine recent corporate incidents and the critical elements that companies should focus on to bring their separate programs under one holistic umbrella. Participants will be able to submit scenarios and challenges that the group will review and discuss. This will be an interactive session with audience participation. 11:45 12:45 pm Networking Lunch 12:45 1:35 pm How to Prevent the Extinction of the Ethical Business Leader Jeff Lanza, Retired FBI Special Agent, Risk Management Specialist & Professional Speaker This presentation helps participants develop, inspire and maintain a culture of integrity in their organizations. While chronicling failures of integrity from the cubicle to the corner office, Jeff provides a positive framework for hiring employees with high integrity and creating an environment which helps ensure that company personnel maintain their moral compass. Real FBI case examples help explain the root causes of unethical behavior and to facilitate the achievement of corporate goals at all levels with employee s morality and integrity intact. 1:35 2:25 pm Using Dashboards to Strengthen Your GRC Program Tammie Wahaus, CPA, CGMA, Chief Financial Officer, TVAX Biomedical, Lenexa Corporations are searching for methods and tools to utilize to enable proper monitoring and controlling over many of their financial controls and GRC practices. The theory of dashboard reporting has taken many roads. Tammie will present thoughts on the overall need for adequate development of dashboard metrics, maintaining those metrics and properly reporting and initiating mitigating actions for identified risk. 2:25 2:55 pm Wrap Up Panel Lynn Fountain, MBA, CPA, CGMA, Conference Chair & Moderator Panel members will address questions on risk management, control environment and governance practices in their organizations. Participants will have the opportunity to submit questions. Thank you to our conference sponsor:

5 SPEAKER BIOS: Warren Stippich, CPA, CIA, Partner, Chicago Practice Leader, National Governance, Risk and Compliance Solution Leader, Business Advisory Services, Grant Thornton Warren is the National Governance, Risk and Compliance Solution Leader and the Market Leader of the Chicago Business Advisory Services Group. He has over 20 years of experience working with multi-national, entrepreneurial, and high-growth public companies, including boards of directors and audit committees. Warren brings experience to the business risk consulting and internal audit services areas from both the public accounting firm and industry perspectives. He leads many Sarbanes-Oxley consulting, internal audit services and SOC (former SAS 70) projects for a wide-array of publicly traded and private businesses with international operations. He has worked extensively with international internal audit, Sarbanes-Oxley and business consulting assignments in Europe, Russia, China, Southeast Asia, Central and South America and Canada. He has lectured and is published on governance, risk and compliance and is quoted extensively. Experience: Warren began his career with Arthur Andersen in the external audit practice and later in the internal audit services practice. Later, he joined DEKALB Genetics Corporation, a $500 million multi-national public company, as the Vice President of Internal Audit and Worldwide Consulting. Subsequent to DEKALB, Warren was a Managing Director at American Express Tax and Business Services and a Partner in the related attest entity of Altschuler, Melvoin & Glasser LLP and worked in the attest and business consulting areas. Professional certifications: Certified Public Accountant (Illinois) Certified Internal Auditor Memberships: American Institute of Certified Public Accountants; Illinois CPA Society Institute of Internal Auditors Board Member and Audit Committee Chair of Gateway Foundation, Inc., Chicago, IL Advisory Board Member of CIBER (Center for International Business Education & Research) at University of Illinois at Urbana- Champaign Board Member of the College of Business Alumni Association of the University of Illinois at Urbana-Champaign Education: Bachelor of Science in Accountancy -University of Illinois at Urbana Champaign. Dan Crumb, CPA, CGMA, CFO, Kansas City Chiefs Dan Crumb was named Kansas City s Chief Financial Officer on September 17, He enters his third season in the National Football League, working with Chiefs Chairman and CEO Clark Hunt and President Mark Donovan in directing the club s business operations. Since joining the Chiefs, Crumb has been instrumental in strengthening the club s business operations by instituting changes that have improved the team s business efficiency including implementation of new payroll and accounting systems, strengthening business continuity and disaster recovery plans and enhancing ticketing procedures for special events. Along with the club s finance department, Crumb also oversees the ticket office and information systems department, which serves the technology needs of both the Chiefs and Hunt Midwest Enterprises. Dan has a proven track record of success as a financial officer, and his leadership and experience make him a key addition to our business operations, Hunt said upon hiring Crumb. Prior to joining the Chiefs, Crumb, a New Orleans native, worked for the New Orleans Hornets of the National Basketball Association as the team s Senior Vice President and Chief Financial Officer. During his time with the Hornets, he led the club s finance, human resources and information technology departments. He oversaw the transition of the finance department from

6 Oklahoma City to New Orleans following Hurricane Katrina. In addition to financial leadership, Crumb was responsible for compliance with league standards and policies. Before joining the Hornets, Crumb served as the Chief Financial Officer of Abita Springs Water Company, Inc. He guided the company s rebuilding efforts through Hurricanes Katrina and Rita which included adjusting the company s business model, procuring product from alternate sources and preparing business interruption and property and casualty claims related to Hurricane Katrina. He also managed the company s finance, information technology and human resources departments for the organization s multi-state operation. Crumb began his professional career at KPMG, an international audit, tax and advisory firm. The certified public accountant earned his Master of Business Administration from Tulane University s A. B. Freeman School of Business. He also holds a Bachelor of Science degree in Finance from the University of New Orleans. An active member of the New Orleans community, Crumb served on the Board of Directors for The Salvation Army, Café Hope and Second Harvest Food Bank of Greater New Orleans and Acadiana. He was also a guest lecturer at the Tulane University Law School Sports Law Program and has authored a number of articles for national and state CPA society journals. Crumb has brought that same community involvement to the Midwest and is part of numerous philanthropic organizations in Kansas City. He is a member of the Board of Directors of Harvesters Community Food Network. He is also on the Finance Committee of Catholic Charities of Northeast Kansas and a Snow Ball Patron Committee member. In addition to his community service Crumb is a member of the American Institute of Certified Public Accountants, the Missouri Society of Certified Public Accountants and the Kansas Society of Certified Public Accountants. He and his wife Janet have two children Pat and Ally. Lynn Fountain, MBA, CPA, CGMA, President, Fountain GRC, Overland Park Dynamic, results-focused executive with a proven track record of impacting organizational profitability, performance, and longterm growth through expert planning and evaluation of business, operational, financial, and compliance strategies. Lynn is wellequipped with an MBA; financial and accounting expertise; as well as extensive background in Enterprise Risk management (ERM), public/private accounting, internal controls, and Sarbanes-Oxley compliance. Visionary strategist and outside the box thinker, with talent for driving positive organizational change; controlling costs, strengthening internal controls, and delivering cutting-edge financial, compliance, and operational solutions. Achieved corporate and industry recognition as subject matter expert, passionate innovator, accomplished trainer/presenter and trusted adviser in all areas of internal audit, governance, risk management, and compliance. Superior interpersonal and communication skills with proven ability to improve employee morale and build rapport with key stakeholders and individuals on all levels. FOUNTAIN GRC, LLC - PRESIDENT & PRESENT BLACK & VEATCH CORPORATION OVERLAND PARK, KS AVP Internal Audit AQUILA, INC. Kansas City, Missouri Vice President, Risk Assessment & Audit Early Career History: Senior Internal Auditor--Western Resources; Independent Small Business Accountant; Budget Specialist-- Sprint; Finance/Accounting positions--panhandle Eastern Pipeline; and Financial Auditor--Touche Ross & Company. EDUCATION & CREDENTIALS Master of Business Administration Washburn University, Topeka, Kansas Bachelor of Business Administration, Accounting Pittsburg State University, Pittsburg, Kansas Certified Public Accountant, Kansas

7 AFFILIATIONS/ACKNOWLEDGEMENTS Institute of Internal Auditors, Board of Governors Kansas Chapter for Institute of Internal Auditors AICPA, KSCPA, Central Exchange Business Networks IIA Magazine IIA Research Foundation CFO.com Protiviti Knowledgeleader 2011 Nominee KSCPA Women Who Mean Business? PSU Founding Board of Directors Endorsed Internal Audit Program Presiding Chairman 2011 KSCPA Risk Management Intelligence Conference Jeff Lanza, Retired FBI Special Agent, Risk Management Specialist & Professional Speaker Jeff Lanza was an FBI Special Agent for over 20 years. He investigated corruption, fraud, organized crime, cyber crime, human trafficking and terrorism. His passion, however, was investigating white collar crime and understanding the reasons why good people went bad. His presentation on ethics has been utilized to train future leaders in numerous organizations, including the University of Kansas, Blue Cross Blue Shield and the Helzberg Entrepreneur Leadership program. It was made available to a worldwide audience of the American Records Management Association. He has Bachelor s Degree in Criminal Justice from the University of New Haven (Connecticut) and a Master s Degree in Business Administration from the University of Texas. Tammie Wahaus, CPA, CGMA, Chief Financial Officer, TVAX Biomedical, Lenexa Tammie Wahaus, CPA, CGMA, is a financial executive with broad experience in all aspects of accounting, auditing, controllership, financial reporting, business process improvement, securities offerings and M&A. Tammie has industry experience with telecommunications, financial services, insurance, manufacturing, technology, architecture/engineering, and energy. She advises CFOs and audit committees of Fortune 100 and other public/private clients on complex accounting, reporting and compliance issues. Some of the specialty areas included in Tammie's experience are: mergers and acquisitions, public debt and equity offerings, private placements, financial/regulatory audits, business integrations, Six Sigma process improvement, internal control and Sarbanes-Oxley evaluations. Tammie is the Managing Member of Tammie Wahuas, CPA, LLC. She advises businesses and not-for-profit organizations on accounting, financial reporting, internal control, and process improvement matters. She researches and recommends accounting policies for new products/services and implementation of new accounting standards. Tammie was an audit partner with Ernst & Young where she provided services to Fortune 100 and other public/private companies including SEC reporting, public and private securities offerings, internal control and Sarbanes-Oxley 404 evaluations, analysis and resolution of complex accounting issues. Tammie is a graduate of Kansas State University.