CUNA Supervisory Committee Fundamentals Workshop

December 6-7, 2014
Tim Harrington

You might be surprised to hear how some of the most successful supervisory committees approach their duties. Join CUNA for this exclusive pre-conference workshop, and over the course of one and a half days, you'll solidify your fundamental supervisory proficiencies while getting up to speed on today's best practices in oversight – whether you're an experienced committee member or a newcomer to the role.

As an attendee, you'll hear from Certified Public Accountant and consultant Tim Harrington, president of T.E.A.M. Resources, as he covers the responsibilities and performance standards of an effective supervisory committee. By the time the main conference opens, you'll have acquired a firm grasp on your role, from your specific responsibilities and powers to more nuanced topics like how to communicate effectively with your board and staff – not to mention tips for recruiting new members to ensure your committee's continued prosperity.

Topics & Objectives Schedule

Supervisory Committee Responsibilities

  • Overall make-up of the supervisory Committee
  • Overall Responsibilities
  • Specific Committee Duties and Powers
  • Monitoring the Board of Directors and other Officials
  • Auditing Responsibilities
  • Internal and External Controls
  • Reporting the Audit Findings

Performing the Supervisory Committee's Job

  • Having and understanding the Meetings
  • Conducting Audits
  • Responding to Audit Findings
  • Hiring and working with the External Auditor
  • Monitoring the Need for an internal Auditor
  • Working with Examiners and Regulators
  • Monitoring and Understanding the Credit Unions Financial Condition
  • Working with the Board of Directors
  • Communicating with the Committee and Staff

Being an Effective Supervisory Committee

  • Qualifications for the Supervisory Committee
  • Recruiting and evaluating committee members
  • Enhancing Committee Effectiveness

December 6

  • 7:30-8:30 a.m. Registration & Continental Breakfast
  • 8:30 a.m.-Noon Supervisory Committee Responsibilities
  • Noon-1:30 p.m. Lunch (on your own)
  • 1:30-4:30 p.m. Performing the Supervisory Committee's Job
  • 4:30 p.m. Adjourn

December 7

  • 8:00-8:30 a.m. Continental Breakfast
  • 8:30-11:30 a.m. Performing the Supervisory Committee's Job (cont.)
  • 11:30 a.m.-12:30 p.m. Lunch (provided)
  • 12:30-2:30 p.m. Being an Effective Supervisory Committee
  • 2:30 p.m. Adjourn