Mar 02, 2010 09:09AM

The IIA's Global Internal Audit Survey Opens March 15. We Want Your Participation!

Every internal audit practitioner around the globe is invited to participate! The IIA’s Global Internal Audit Survey is the most comprehensive global study of the profession to be conducted since the 2006 study and should provide internal audit practitioners with the latest information on the status of the profession across the globe. The results of the survey will: Present insights on emerging issues and challenges facing the profession. Help identify new opportunities to add value as an internal audit professional to your organization. Contribute to the development of new standards and guidance. Show changes in the profession since the 2006 study was conducted, and much more. Learn more and prepare to participate in the survey beginning March 15.

Mar 01, 2010 11:00AM

Provide Feedback on 2010 IPPF Standards Exposure Draft

2010 Standards Exposure The IPPF process requires that all guidance be reviewed at least once every three years to ensure that it remains current, relevant, and timely. The IIA’s Internal Audit Standards Board (IASB) has recently conducted a comprehensive review of the International Standards for the Professional Practice of Internal Auditing (Standards) and is proposing changes to some of the Standards as well as recommending new Standards. Part of the established guidance process includes the exposure of proposed changes in mandatory guidance to stakeholders of the profession to ensure the modifications are clear, understandable, and consistent with the practice of internal auditing. The proposed changes and new Standards have a 90-day exposure period from Feb. 15, 2010 to May 14, 2010. To facilitate your response to this exposure draft, we encourage you to complete an online survey that will guide you through each of the proposed changes to the Standards and glossary. The survey will allow you to vote on whether you agree with the proposed additions or revisions and to provide additional comments. All individuals should use the following survey link to submit comments; Organizations and IIA institutes may send the response letter to: iia-exposure@theiia.org. Please include Standards Exposure in the subject line, and be sure to reference the headings and numbering systems used in the exposure. The current Standards are available on The IIA’s Web site at: http://www.theiia.org/guidance/standards-and-guidance/ippf/standards/. You can review the mark-up version of the current Standards and proposed changes.    The following table outlines the Standards Exposure Instructions, and the link to online survey. You may choose your preferred language. Language Exposure Draft Instructions Link to Online Survey English http://www.theiia.org/download.cfm?file=73755 http://iiasurvey.theiia.org/flashsurvey/se.ashx?s=0B87D7844DFAA21F Español http://www.theiia.org/download.cfm?file=85961 http://iiasurvey.theiia.org/flashsurvey/se.ashx?s=0B87D78467593775 Français http://www.theiia.org/download.cfm?file=13791 http://iiasurvey.theiia.org/flashsurvey/se.ashx?s=0B87D78413ABB073 Bosanski http://www.theiia.org/download.cfm?file=16235 http://iiasurvey.theiia.org/flashsurvey/se.ashx?s=0B87D7841BB2E434 Crnogorski http://www.theiia.org/download.cfm?file=45338 http://iiasurvey.theiia.org/flashsurvey/se.ashx?s=0B87D7845614C725 ????????? http://www.theiia.org/download.cfm?file=75599 http://iiasurvey.theiia.org/flashsurvey/se.ashx?s=0B87D784684FBEBA Italiano http://www.theiia.org/download.cfm?file=4335 http://iiasurvey.theiia.org/flashsurvey/se.ashx?s=0B87D78476213E35    All responses and comments must be submitted on or before May 14, 2010. For additional questions, please email iia-exposure@theiia.org    Standards Exposure Webinar: The IIA hosted a webinar on Feb. 19, 2010 to review the proposed changes. The IASB chair and vice chair provided background and additional explanations regarding the Standards exposure. Here are Power Point presentation  (703KB) slides and webinar replay.  See answers to the questions asked during the webinar.  

Feb 22, 2010 11:50AM

IIA-UK & Ireland Achieve Chartered Status

The professional body which represents more than 8,000 internal auditors in the UK and Ireland will be awarded chartered status. The Institute of Internal Auditors of the UK and Ireland (IIA-UK & Ireland), which was formed in 1948, will become the Chartered Institute of Internal Auditors, effective October 1, 2010.   IIA-UK & Ireland Institute President Dr. Sarah Blackburn, who led the project to attain the status, said, "This is a major milestone in the development of the internal audit profession. The award of chartered status is public acknowledgement of the importance of internal auditing in helping organisations manage their risks better as part of good governance. It comes at a time when risk management and corporate governance have never been a higher priority."   Institute Chief Executive Dr. Ian Peters said, “The award of chartered status is a timely boost to our strategy. The internal audit profession has much to contribute to the corporate governance arena. Our aim is to increase our involvement in the development of public policy and also ensure that individual organisations have the highest levels of specialist internal auditing knowledge and skills.” Chartered status is awarded by the Privy Council to organisations working in the public interest, usually professional bodies that demonstrate pre-eminence, stability and permanence in their particular field. Currently, there are approximately 400 active chartered bodies. The success of the economy and wider society in the UK and Ireland is dependent on the success of their organisations - whether they create wealth or deliver public services. Internal auditing’s focus on improving the effectiveness of organisations through risk management, internal control and good governance is therefore of clear public importance.  The Benefits of Chartered Status include: Acknowledgement that internal audit professionals are experts in their field. Suitably qualified members of the new Chartered Institute of Internal Auditors will be able to call themselves Chartered Internal Auditors, placing them on a par with other qualified professionals. Enhanced stature for organizations employing Chartered Internal Auditors, giving credibility to their risk management, internal control, and governance practices. It will raise the profile of internal auditing internally and externally, and will encourage boards and management to maximize the assurance benefits of internal auditing. Promotion of The Institute's position of influence as the leading voice of the profession and enhance its contribution to the public interest.

Feb 08, 2010 11:10AM

New IIA Thought Leadership Reports Provide Guidance on Fraud and SEC Proxy Disclosure Rules

To keep you abreast of the latest issues impacting the internal audit profession, The IIA recently released two thought-leadership reports. The first report, Flash Alert: New SEC Proxy Disclosure Rules, discusses the steps chief audit executives (CAEs) can take to demonstrate internal auditing’s vital role in supporting effective governance and risk management practices in light of the new U.S. Securities and Exchange Commission’s (SEC’s) Proxy Disclosure Rules. To gather this thought leadership, The IIA’s Audit Executive Center convened a select group of internal audit professionals to develop a list of 10 actions CAEs should take now to establish internal auditing as an integral part of the new proxy disclosure process. Read the press release here The second report, Knowledge Alert: Emerging Trends in Fraud Risk, summarizes the results of a recent IIA Flash survey on the state of internal audit efforts pertaining to fraud risk. According to the nearly 300 CAEs and internal audit directors and managers participating in the survey, the prevalence of fraud risks is a still a topic of much debate in many organizations. Among other key results, the survey found that programs in companies to manage fraud risks are becoming a higher priority, receiving more attention at the senior management and board level, and starting to become more effective.  These and other reports are being published by The IIA’s Audit Executive Center. Stay tuned to similar thought-leadership reports and other special offerings from the Audit Executive Center or contact Donna Batten, IIA director of CAE Services, for more information. To download a copy of both reports, visit The IIA’s Knowledge Services Web page. .

Feb 02, 2010 12:50PM

Early Seminar Registration Discounts for IIA Members Now Includes IIA/Deloitte IT Courses

NEW! IIA Members Save an Additional 10% When Registering Early for IIA Seminars  Register for a course at one of the following Seminar locations before the dates listed below and IIA Members will save an additional 10% off the already reduced IIA Member pricing. This is just one more way The IIA is adding value to your membership! Auditing JD Edwards (IIA/Deloitte) / April 19 – 22 IIA Members: Register by March 19 to save an additional 10%!   Introduction to Auditing SAP ERP (IIA/Deloitte) / April 26 – 29 IIA Members: Register by March 12 to save an additional 10%!   Chicago, IL / May 4 – 7 IIA Members: Register by March 23 to save an additional 10%!   Auditing Oracle Applications (IIA/Deloitte) / May 10 - 13 IIA Members: Register by March 26 to save an additional 10%!   Orlando, FL / May 24 – 27 IIA Members: Register by April 9 to save an additional 10%!   Introduction to Auditing SAP ERP (IIA/Deloitte) / June 7 – 10 IIA Members: Register by April 23 to save an additional 10%!   Computer-assisted Audit Techniques (IIA/Deloitte) / June 8 –9 IIA Members: Register by April 23 to save an additional 10%!   New York, NY / June 15 – 18 IIA Members: Register by April 30 to save an additional 10%!   SAP ERP Technical Audit (IIA/Deloitte) / June 21 – 24 IIA Members: Register by May 7 to save an additional 10%!   Las Vegas, NV / June 22 – 26  IIA Members: Register by May 7 to save an additional 10%!   Minneapolis, MN / July 13 – 16 IIA Members: Register by May 28 to save an additional 10%!   Auditing PeopleSoft (IA/Deloitte) / July 19 – 22 IIA Members: Register by June 4 to save an additional 10%!   Boston, MA / July 27 – 30 IIA Members: Register by June 11 to save an additional 10%!   Auditing JD Edwards (IIA/Deloitte) / August 9 – 12 IIA Members: Register by June 25 to save an additional 10%!   Introduction to Auditing SAP ERP (IIA/Deloitte) / August 23 – 26 IIA Members: Register by July 9 to save an additional 10%!   Dallas, TX / August 16 – 19 IIA Members: Register by July 2 to save an additional 10%!   Palm Beach, FL / August 30 – September 2 IIA Members: Register by July 16 to save an additional 10%!   Orlando, FL / September 13 – 16 IIA Members: Register by July 30 to save an additional 10%!  SAP ERP Technical Audit (IIA/Deloitte) / September 13 – 16 IIA Members: Register by July 30 to save an additional 10%! Auditing Oracle Applications (IIA/Deloitte) / September 20 – 23 IIA Members: Register by August 6 to save an additional 10%!   New York, NY / September 28 – October 1 IIA Members: Register by August 13 to save an additional 10%!   Auditing PeopleSoft (IIA/Deloitte) / October 4 – 7 IIA Members: Register by August 20 to save an additional 10%!   San Francisco, CA / October 5 – 8 IIA Members: Register by August 20 to save an additional 10%!   Chicago, IL / October 12 – 16 IIA Members: Register by August 27 to save an additional 10%!   Auditing JD Edwards (IIA/Deloitte) / November 1 – 4 IIA Members: Register by September 17 to save an additional 10%!   San Diego, CA / November 2 – 5 IIA Members: Register by September 17 to save an additional 10%! Computer-assisted Audit Techniques (IIA/Deloitte) / November 8 – 9 IIA Members: Register by September 24 to save an additional 10%!   SAP ERP Technical Audit (IIA/Deloitte) / November 8 – 11 IIA Members: Register by September 24 to save an additional 10%!   Las Vegas, NV / November 16 – 19 IIA Members: Register by October 1 to save an additional 10%!   Auditing Oracle Applications (IIA/Deloitte) / December 6 – 9 IIA Members: Register by October 22 to save an additional 10%!   New York, NY / December 7 – 10 IIA Members: Register by October 22 to save an additional 10%! Orlando, FL / December 13 – 16 IIA Members: Register by October 29 to save an additional 10%!   Introduction to Auditing SAP ERP (IIA/Deloitte) / December 13 – 16 IIA Members: Register by October 29 to save an additional 10%!                                                                                                           Visit www.theiia.org/Training for online access to all courses and locations. This offer is not valid with any other offers.