William Folson

 WilliamE. Folson

William E. Folson

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Biography

University of Maryland University College - Information Technology


Resume

  • 2010

    Leadership for the 21st Century: Chaos

    Conflict

    and Courage

    Harvard Kennedy School Executive Education

  • 2009

    Building

    Leading

    and Sustaining the Innovative Organization

    MIT Sloan Executive Education

  • 1996

    MBA

    Management

  • 1985

    BS

    Accounting

    Management

    Certification in Control Self Assessment

    Institute of Internal Auditors

    Certification in Risk Management Assurance

    Association of Certified Fraud Examiners

    Certified Fraud Examiner

    American Institute of Certified Public Accountants

    Chartered Global Management Accountant

    Certified Public Accountant

    State of New York

    American Institute of Certified Public Accountants

    Certified in Financial Forensics

    Certified Internal Auditor

    Institute of Internal Auditors

  • 1981

    Foran High School

  • Part of corps of volunteer auditors

    conducted audits and managed teams of volunteer auditors leading up to and during the 1996 Summer Olympic Games in Atlanta

    GA. Audited diverse functions and processes

    including construction of Olympic venues

    transportation

    concessions

    warehousing

    logistics

    media relations

    and ticket sales

    and facilities.

    Atlanta Committee for The Olympic Games

    Cub Scout Day Camp Director

    Lead volunteer for 500 scout/300 volunteer week-long Cub Scout Day Camp. Provided overall management

    direction

    and administration of 500+ camper Cub Scout Day Camp (Camp Tomahawk) for scouts in The Capitol District

    Baltimore Area Council

    BSA. Recruited and managed over 300 adult and boy scout volunteers

    ensured compliance with National BSA Day Camp Standards - achieving 100% compliance each year

    and assured scouting fun

    learning

    and core values for all campers attending through the development and execution of 15 different activities/stations for each day of the camp. Year-round volunteer recruitment and coordination

    program development

    camper registration

    and business management.

    Baltimore Area Council

    Boy Scouts of America

    Process Improvement

    Auditing

    Nonprofits

    Internal Controls

    Enterprise Risk Management

    Financial Risk

    Management

    Corporate Governance

    Risk Assessment

    Grants

    Financial Analysis

    Sarbanes-Oxley Act

    Managerial Finance

    Non-profits

    Change Management

    Accounting

    Internal Audit

    Training

    Public Speaking

    Governance

    Folsom

    MBA

    CPA/CFF

    CIA

    CFE

    CCSA

    CRMA

    Elizabeth J.

    Folsom

    MBA

    CPA/CFF

    CIA

    CFE

    CCSA

    CRMA

    Population Services International

    Robert H. Smith School of Business

    University of Maryland

    Academy for Educational Development

    The Institute of Internal Auditors

    Population Services International

    Independent Management Consultant

    Resources Global Professionals

    UMUC

    UNESCO

    Center for National Policy

    Volunteer position on UNESCO Oversight Advisor Committee providing support and advise to the Internal Audit

    Investigation

    and Evaluation functions. Advise on the adequacy and effectiveness of the Internal Oversight Service (IOS) and its strategies

    priorities and work plans and suggest potential areas to address the Organization’s risks; Review and discuss with management the internal control and risk management issues that may arise from IOS oversight activities; review and discuss with management the Organization’s policies and practices with\nrespect to risk assessment and risk management and internal control systems; advise management on potential weaknesses in the internal control framework of UNESCO;

    UNESCO

    Independent Management Consultant

    Audit and risk management consulting for various organizations. Have worked under contract for Grant Thornton

    Resources Global Professionals

    the IIA

    Mosley & Associates

    as well as for own clients. Examples of clients include Oxfam America

    Winrock International

    USDA

    State Department

    United Nations

    NCR

    the IIA

    and Injured Workers Insurance Fund.

    Population Services International

    Washington D.C. Metro Area

    Responsible for overseeing Global Internal Audit Services and Fraud Investigations in 60+ locations around the world and in headquarters operations in Washington D.C. Direct oversight of eight auditors and indirect responsibility for 30+ country office based auditors. Coordinate and support organization-wide Enterprise Risk Management exercises to identify

    prioritize

    and monitor organizational risks.

    Chief Audit Executive & Director of Global Internal Audit and Investigations

    Teach various classes

    including Forensic and Investigative Accounting

    Introduction to Financial Auditing

    Advanced Auditing

    and Internal Auditing in the School of Undergraduate Studies.

    UMUC

    Resources Global Professionals

    Providing expert-level consulting services to major Washington D.C. Education and Media Company in wide range of responsibilities for Audit and SOX business areas. Responsibilities include:\n\n* Risk and control design effectiveness reviews for business operations\n* Quality Assessment of quarterly business unit control testing and deficiency remediation \n* Audits of key lines of revenue

    high-profile expenditures

    and entity-level processes and controls \n* Integration and application of COSO 2013 Internal Control Framework to entity-wide control assessment

    including development of new controls

    tools

    and assessment model across all business units. \n* Management and analysis of annual entity-wide Code of Business Conduct certification exercise\n* Design presentation materials for senior management meetings on myriad of control-related topics\n* Manage and test version-upgrade and yearly refresh of ERM/SOX IT system (RSA Archer). Design new system module for roll-out of new COSO 2013 compliant Entity Level Control assessment.\n* On-going bench-marking of internal audit practices

    Management

    Audit and SOX Consultant

    Washington D.C. Metro Area

    Member of Finance & Governance Committee of Board of Directors

    Center for National Policy

    Senior Vice President and Director

    Internal Audit

    Established first Internal Audit & Investigation function for AED to improve the systems of internal control and risk management through-out the organization. Member of Senior Management Group

    and reported to Audit Committee and President & CEO. Responsible for audit universe of over 200 projects in 60 countries and all 50 States

    as well as all headquarters functions and processes. Managed entire audit process end-to-end. Established and managed formal Anti-Fraud and Whistleblower policies and systems to identify

    receive

    evaluate

    and investigate allegations of fraud

    waste

    and abuse throughout the organization. Developed training on internal controls

    anti-fraud

    risk management

    and compliance matters.

    Academy for Educational Development

    Independent Consultant/Quality Assessment Reviewer

    Performed quality assessment reviews for over 20 internal audit organizations

    such as American Express

    Chicago Mercantile Exchange

    AAA Life Insurance

    Mirant

    and Merck Pharmaceuticals.

    The Institute of Internal Auditors

    Robert H. Smith School of Business

    University of Maryland

    College Park

    MD

    Teaching various graduate and undergraduate classes at College Park and Shady Grove campuses. \n\nDevelop and deliver graduate-level courses in Introduction to Internal Auditing and Advanced Internal Auditing in the Masters of Science in Accounting (MSA) n the Robert H. Smith School of Business. Develop “real life” case studies for in-class application and semester-long research to translate theory of textbook to practical audit applications. \n\nTeach undergraduate Financial Auditing and Assurance

    and Frauds and Accounting Information Systems

    in the School of Accounting and Information Assurance. Designed

    developed

    and currently teach undergraduate \"Innovation and Investigations\" course called \"Frauds

    Thefts

    and Scams: What They Did

    How They Did it

    and What the Heck Where They Thinking?!\"\n\nWork with local audit experts and industry leaders to be guest speakers during classes to further link the textbook lessons to the real world aspects of auditing governance

    risk

    and controls.\n\nAdvise students in the \"Action Learning Project\" aspect of the MS program

    including identification of consulting projects and providing oversight and mentoring during delivery of consulting work.

    Adjunct Professor

    Washington D.C.

    Population Services International

online

CMIT 424

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