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The 2003 WIB Annual Cashiers/CFOs Conference was a terrific success. Whether you
attended and missed a handout, or if you were unable to join us in San Diego, you can
view and print any of the following session handouts that were provided to WIB
electronically (just click on the session title). For a complete list of all
sessions presented at the conference, click
here.
These are presented in Adobe Acrobat format,
so you will need to have Adobe Acrobat Reader in order to view them.
If you do not have Adobe Acrobat Reader installed on your
computer, follow the link below for a free copy:
Concurrent
Sessions
Vendor Showcases
GENERAL SESSIONS
Be
Careful Out There: Identity Theft & Fraud
Robert Douglas, American Privacy Consultants
Rob Douglas
will present a comprehensive look at the use of identity theft and fraud to
defeat information security practices with special emphasis placed on the use
of “pretext” to defeat customer
identification procedures. He
will show a multi-media presentation of methods used by identity thieves, information brokers,
and private investigators to illegally access and takeover financial
institution customer accounts. The
latest methods, detection and prevention will be presented along with current
regulatory agency guidance and requirements.
Be
Careful Out There … Covering Your Assets
Dana Turner, Security Education Systems
Presentation
| Handout
Our
nation lost nearly 3,000 financial institutions during the 1980s because of
fraud, mismanagement and waste. The case histories of those failed
institutions reveal that most of them shared many well-documented, common
denominators that examiners now use as failure "predictors", or
"profiles". Examiners from all of the nation's regulatory agencies,
insurance company risk management specialists—and security, audit,
operations, human resources and compliance personnel from thousands of
financial institutions—continue to contribute to the development of these
profiles. This segment addresses the methods used by both internal and
external offenders to determine if an institution is vulnerable to policy
violations and criminal activities.
Sarbanes-Oxley,
Etc...etc...etc...What Every CFO REALLY Needs to Know Now!
Wendy Campbell, Crowe Chizek
Kip Weissman, Jenkens & Gilchrist
Presentation
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1
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This session has been
designed to give attendees a deeper understanding of the impact of the
Sarbanes-Oxley on both public and private financial institutions. Issues
addressed will include:
- New role of the Audit
Committee
- New relationship with
independent auditors
- New emphasis on controls
- Critical accounting and
reporting policies
- Alternative and preferred
treatments within GAAP
- Enhanced scrutiny of
independence, ethics and related party transactions
CONCURRENT
SESSIONS
The Strategic Planning Team…by the
Numbers
Jay Phillips, School of Management, University of Texas at Dallas
In many banking organizations, the chief
financial officer is an integral part, if the not the leader, of the strategic
and business planning team. The planning process is stifled because too many
on the planning team are not conversant with the numbers. They do not
understand how to look for their institution’s strengths and weaknesses…nor
the opportunities and threats offered by the competition. The do not have the
"numbers" background to allow measurement of the management plans
they are contemplating. Understanding what influences the bank’s bottom line
is not difficult…especially when we are given a roadmap showing a logical
approach to performance analysis. Utilizing the Uniform Bank Performance
Report, this session gives you approaches and tools to offer your personnel so
that everyone, from the marketer to the IT specialist, can be a contributing
member of the planning team.
Resources for Increased Capital
Tripp Crane, FTN Financial Capital Markets
James Beckwith, National Bank of
the Redwoods
Trust Preferred Securities (TPS), became the
new preferred vehicle for raising non-dilutive capital for larger regional and
national financial institutions, after being approved as Tier 1 capital in
1996. Now TPS are as available to community banks and thrifts as they are to
larger institutions. Every community bank CFO should be aware of the benefits
of Trust Preferred Securities and the ease with which they can be issued. To
meet this need, this session will cover a case study plus the practical uses
of TPS, as well as, the legal, structural, accounting, regulatory and capital
markets components of issuing TPS.
Check 21: The Latest in the Check
Truncation Act
Robert Ercole, Union Bank of California and member National Check Truncation
Committee
Ruth Razook, RLR Management Consulting, Inc.
The Check Clearing for the 21st Century Act
(Check 21) encourages the removal of the existing paper checks from the check
collection or return process. Under the Act, checks could be processed
electronically by transmitting check images between banks in lieu of original
paper checks. Although there are many benefits to this, we need to consider
how this impact your bank and what you need to do to prepare for this!
Do the Right Thing: Using Equity
Compensation after 2002
Alisa J. Baker, GCA Law Partners LLP
Attorney Alisa Baker believes that
stock-based compensation is just as useful and appropriate today as it was in
the decades before Enron. The negative attention lavished on equity
compensation right now is based on widely publicized abuses, not on its
ongoing and legitimate uses. While the details are complicated, the overriding
message from the regulators is simple: it’s not that equity comp won’t do
. . . it’s just that it has to do the right thing. This talk will cover ways
that your public or private company can comply with the rules and use equity
compensation more successfully than ever.
VENDOR
SHOWCASES
Fraud
Prevention Products
Patricia Valentino,
Aurum Technology
Mitigate risk with a new
breed of weapons against fraud. Using the latest digital imaging capabilities,
these services can increase security and arm financial institutions with the
tools needed to proactively detect and avoid common fraud due to forgeries,
identity theft and counterfeiting of checks deposits and other high-risk paper
transactions.
Stored
Value Cards
Joseph Farraye, Metavante Corporation
Stored-value cards have
become the fastest growing and most convenient way to access funds, make
purchases and complete payments via Visa, MasterCard, ATM networks, private
networks and the Internet. Learn more about the various types of stored-value
cards, how they work, what's involved in setting up a stored-value card
program and the relationship and revenue opportunities for your bank.
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