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E-PIPELINE - Institute of Internal Auditors Edmonton... · Leslie Glasbeek Linda Klassen Lori...
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November 2017 IIA Edmonton – Chapter Newsletter Page 1
Inside this issue:
IIA Canada Conference
Volunteers 2
November Chapter Luncheon
3
Upcoming Free Webinars 5
IIA Seminars 5
IIA Canada Seminar: Auditing Culture –
Challenges and Proven Techniques
6
IIA eSeminars 7
Upcoming Conferences 8
Membership and Certification News
8
The IIA’s CIA Learning
System 8
Gleim CIA Review 9
Chapter Achievement Program (CAP)
10
Sponsorship Recognition 11
E-PIPELINE Chapter Newsletter November 2017
At the IIA Canada Conference held here from September 24-27, Sheila
Smigarowski was presented with the Arthur Childs Distinguished Service
in Canada Award. Sheila has done a great job giving back to the
profession and we thank her for her dedication and achievements. We are
fortunate to have her as a member of our Chapter. For the current fiscal
year, the chapter has allocated $2,500 to assist members with expenses
they incur providing support on national and international IIA committees.
Sheila is currently involved on the IIA North American Advocacy
Committee and will receive this funding to offset some of her expenses.
We wanted to once again say a big thank you to all the volunteers who
made the IIA Canada Conference a resounding success. The list of these
volunteers has been included in the newsletter and without their help this
conference would not have been possible.
We had an excellent turnout for the October 19th luncheon at the Westin
with Rick Valdemarca’s presentation Internal Audit and Robotic Process
Automation: how is the traditional role of an internal auditor changing as a
result of robotics? A very timely and informative topic – Thanks Rick!
As part of academic relations initiative again this year, we are inviting
students from NAIT, Grant MacEwan, U of A and Concordia to attend our
monthly luncheons to give them additional exposure to the profession and
the opportunity to meet some of our members. These students will be
recognized at the luncheons and if you are in attendance, be sure to greet
them and answer any questions they may have. I wanted to thank
Rachelle Paquette, our board member, who is spearheading this program.
We hope that many of you will be able to attend our luncheon on
Thursday, November 16th at the Westin Hotel at noon. The speaker is Ed
Olson from Crowe MacKay.
Please feel free to contact any board member or me with any questions or
suggestions for the chapter.
Alex Muchortow, CIA, CRMA – IIA Edmonton Chapter President
President’s Message
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Visit us at our website:
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November 2017 IIA Edmonton – Chapter Newsletter Page 2
IIA Canada Conference Volunteers
Thank you to all the volunteers who contributed to the success of the IIA Canada Conference!
Amanda Williams Angus Mak Atif Pervez Barb Cook Benny Yang Beth Robb Blair Himmelreich Cathy Ludwig Cheryl Persson Dave Thompson Deana De Roche Diane Lee Edwin Ryl
Erwin Hunke Farah Araj James Chapchuk Kevin Pengelly Leslie Glasbeek Linda Klassen Lori Sunde-Cooper Mariesa Carbone Mary McPhail Mike Cook Mike Lasic Nizar Punjani Norm Runte
Rick Valdemarca Ruth Riome Ruth Schneidmiller Shanika Baptiste Sheila Smigerowski Shelly Davidson Steve Mikus Sunny Kakar Suzanne Robinson Svitlana Nikolaev Thomas Parsons Yasmin Kassama Zehra Ali
November 2017 IIA Edmonton – Chapter Newsletter Page 3
Background:
Crowe Horwath Global Risk Consulting and the Institute of Internal
Auditors (IIA) Canada undertook a study of Canadian businesses in
2015 which resulted in a whitepaper entitled “The State of Risk
Management in Canada.” This study specifically focused on
professionals working in internal audit, risk management and internal
control functions, as well as operational managers with responsibility for
applying and maintaining internal controls. The study elicited more than
110 responses from a broad cross-section of Canadian businesses and
public sector organizations and was undertaken as part of an ongoing
initiative to recognize organizations that have demonstrated sustained
efforts toward mastering risk.
Come hear how Edward Olson crossed the divide from that of a career
consultant to leading the Internal Audit and Risk teams for the FortisBC
Group of Companies and eventually being selected as the winner of the
Leadership in Internal Audit for the Private Sector award. What made
the difference? What challenges did he face? What strategic course did
he chart and follow? What should be considered for leaders in internal
audit today? These and many other topics will be discussed which will
challenge attendees to question and validate what they are doing today
in order to advance the internal audit profession, their careers and the
businesses they are involved in.
Speaker: Edward Olson
Edward Olson is the Practice Leader, Advisory Services for Crowe
MacKay nationally, is a Chartered Professional Accountant by training,
and has 19 years of work history in global assurance, advisory and risk
services in a variety of capacities. 14 years were spent in public practice
gaining experience from the United Kingdom to North America in
external financial statement auditing, performance improvement, risk
management, internal audit, climate change advisory services, efficiency
review and performance improvement, and Sarbanes-Oxley project
management and implementation.
Continued…
November Chapter Luncheon
Registration is only $5 for this event – proceeds will be matched by the chapter and donated to the Internal Audit Foundation. IIA 75th Anniversary Books to be distributed on a first come first serve basis. 2 Draws for IIA Canada Conference Registration ($1,250 value) to be held at the luncheon – winner must be present to win.
Background:
The session will outline many of the key trends and issues which are
driving heightened expectations for internal auditors. These range from
new audit standards to expanding expectations from key stakeholders.
Understanding these external and internal challenges should help
internal auditors respond to emerging risks and organizational
challenges in an increasingly volatile environment. The session will also
provide insights on current issues, and the state of the profession
nationally and globally. Contributing to this expansion are recent
developments in governance, advocacy, training, certifications, and
specialty audit groups.
Speaker: Robert Kuling
Robert Kuling is the 2016–17 chairman of The IIA’s North American
Board of Directors. In his role, he provides direction for The IIA’s
strategic plan in North America and oversees its implementation.
Since 2001, Kuling has actively volunteered with The IIA, having served
as a member of the Global Board of Directors and the Global Ethics
Committee. He was also vice chairman of the North American Board of
Directors and a district representative on the North America Chapter
Relations Committee. At the beginning of his IIA service, he held a
number of leadership roles with The IIA’s Saskatchewan Chapter,
including president.
/continued…
Topic:
Heightened Expectations
for Internal Auditors
Date and Location:
Tuesday,
May 16, 2017
12 noon – 1:00 p.m.
(doors open at 11:30 a.m.)
Westin Hotel
10135 - 100 Street, Edmonton
For more information and to
register for the luncheon go to:
http://www.etouches.com/iiaed
magmluncheon
Registration deadline is
Thursday, May 12, 2017 at
noon.
Register early - limited to
the first 75 participants!
Topic:
From Consultant to Chief
Audit Executive: Why My
Team Was Awarded
“Leadership in Internal
Audit for the Private
Sector” by the IIA
Date and Location:
Thursday,
November 16, 2017
12 noon – 1:00 p.m.
(doors open at 11:30 a.m.)
Westin Hotel
10135 - 100 Street, Edmonton
For more information and to
register for the luncheon go to:
https://www.eiseverywhere.com/e
reg/index.php?eventid=293524&e
b=481682
Registration deadline is
Friday, November 10, 2017
at 5pm.
Sponsored by:
November 2017 IIA Edmonton – Chapter Newsletter Page 4
Speaker: Edward Olson
…continued
During this time, he also acted as an outsourced chief audit executive for several clients, including
development of individual audit universes, annual audit plans, planning individual audit engagements
and reporting to various audit committees. He led the development and training of staff from British
Columbia to Ontario for internal audit departments in various financial institutions to recognize risk,
implement appropriate control environments, and appropriately report to the board of directors for good
governance.
He also has 5 years of industry experience, 4 of which were leading the internal audit and risk
department of the FortisBC Group of Companies and 1 year as General Manager of FortisBC
Alternative Energy Services Inc. In this latter role, his responsibilities were to assess the business,
political landscape, financial model and legal construct for building and expanding the current business
model. This included working with the British Columbia Utilities Commission regarding regulatory
oversight, developers for designing, owning, operating and maintaining regulated utility thermal assets,
and customers to help them address deferred maintenance, reduce greenhouse gas emissions,
support sustainability objectives and improve the performance of thermal energy systems in buildings.
Mr. Olson has led many risk assessment and internal audit engagements, established corporate risk
programs across many clients including all subsidiaries of Fortis Inc. located in the Caribbean, Belize,
United States and Canada. He researched, trained, and facilitated risk workshops to establish
frameworks to assist organizations towards a better understanding of their organizational risk profiles.
This involvement spanned start-up processes through to identification of required remedial activity to
strengthen existing internal control frameworks and effectively prioritize resources to mitigate key risks
resulting in more efficient operations and achievement of corporate objectives.
Lastly, he has been a guest lecturer on privacy compliance and associated risks to privacy officers
within the Province of British Columbia. He has also been a guest lecturer on risk and compliance at
various conferences including at a roundtable of chief audit executives from utilities across the United
States in Washington, DC. Most recently, he has been, and continues to be, a guest lecturer at the
University of British Columbia Okanagan regarding governance and risk.
November 2017 IIA Edmonton – Chapter Newsletter Page 5
IIA is offering the following free members-only webinars:
IIA presents:
Nov 21, 2017 - Technology: Auditing Data
Dec 20, 2017 - 2017 Year-end Legislative Review With Arnold & Porter Kaye Scholer
Jan 16, 2018 - Top Resolutions for Internal Auditors in 2018 to Prepare for the Future
Registration will close 24 hours prior to the beginning of the webinar start time listed.
Webinar Archives - One benefit of being an IIA member is having access to the library of archived
webinars. NOTE: On-demand webinars do not qualify for NASBA CPEs.
IIA Canada presents:
Nov 14, 2017 - The Agile Internal Audit Department: Being Prepared and Adaptive during Times of Rapid
Business Change
Dec 18, 2017 - Meeting the Board's Informational Needs for Optimal Decision-making
Upcoming FREE Webinars
Led by leaders in internal auditing, multi-day in-person seminars provide a personalized learning experience that adjusts to your needs and skill levels. You will gain a better understanding of the latest audit industry best practices, proven techniques, and trending issues through exercises and group discussions.
Austin – Dec 12-15, 2017 Boston – March 20–23, 2018; Aug 21-24, 2018 Chicago – Nov 7-10, 2017; Apr 24-27, 2018 Dallas – June 5–8, 2018; Sept 11–14, 2018 Denver – Dec 5-8, 2017 Las Vegas – Nov 14-17, 2017; Apr 30-May 3, 2018 New York – Dec 5-8, 2017; Apr 10-13, 2018 Orlando – Nov 6-8, 2017; Dec 11-14, 2017 Phoenix – Feb 13-16, 2018; San Antonio – none San Diego – Nov 6-9, 2018 San Francisco – Mar 6-9, 2018; May 15-18, 2018 Washington DC – May 8-11, 2018
View All Seminars
IIA Canada Montreal Seminar Week
Nov 13-16, 2017
Auditing Culture: Challenges and Proven Techniques
Jan 17-18, 2018, Edmonton Westin Hotel
IIA Seminars
November 2017 IIA Edmonton – Chapter Newsletter Page 6
IIA Canada Seminar: Auditing Culture – Challenges and Proven Techniques
January 17-18, 2018
Edmonton Westin Hotel, 10135 100th Street, Edmonton
Organizational culture has become an increasingly important issue for internal auditors, in light of
corporate scandals in which culture is typically at the root of unethical behavior and practices. Over 90
percent of CEOs and CFOs see culture as critical and believe improving corporate culture would
increase value in their organizations (Corporate Culture: Evidence from the Field; Duke University,
2015).
The role of internal audit in assessing organizational culture has not always been clearly defined, and
culture is not an easy area to audit using traditional audit approaches. Results from The IIA’s 2016
North American Pulse of Internal Audit report indicate that only 42 percent of internal auditors are
addressing culture within their organizations, yet more than half of CAEs see organizational culture as
high risk.
The increasing attention to and need for auditing culture requires an understanding of effective
strategies and practical considerations for internal audit. This course gives participants a solid
understanding of the challenges involved in auditing culture. They will take away proven evaluation
tools and techniques for assessing culture, examples of audit reports addressing cultural issues, and
techniques for gaining support from leadership.
This course is designed for CAEs, internal audit managers, and internal audit supervisors who want to
develop or enhance their audit strategy as it relates to organizational culture.
2-day course provides 16 CPE.
Pricing (does not include GST)
2-day course: Members $1145.00 / Non-members: $1200.00
Group rates start at 3 individuals from the same organization. Email [email protected] for a price.
Click here to register
Note: All attendees to this class are invited by the Edmonton Chapter to attend the monthly Chapter
luncheon, which is being held at the Westin Hotel. The luncheon is on Day 2 of the course and the
guest speaker is the course facilitator. The course price includes the cost of the Chapter luncheon.
The facilitator for this event is James Roth.
November 2017 IIA Edmonton – Chapter Newsletter Page 7
IIA eSeminars
Assessing Risk: Ensuring Internal Audit’s Value – Dec 5-16, 2017; Feb 5-14, 2018
Audit Report Writing – Jan 22-21, 2018
CIA Learning System Comprehensive Instructor-led Course – Part 1 – Nov 27-Dec 15, 2017
CIA Learning System Comprehensive Instructor-led Course – Part 2 – Apr 3-26, 2018
CIA Learning System Comprehensive Instructor-led Course – Part 3 – Mar 5-30, 2018
Cybersecurity Auditing in an Unsecure World – Feb 13-27, 2018
Data Analysis for Internal Auditors – Nov 29-30, 2017; Mar 21-22, 2018
Enterprise Risk Management: Elements of the Process – Dec 5-14, 2017
Fundamentals of Internal Auditing – Dec 18, 2017; Feb 27, 2018
Fundamentals of IT Auditing – Dec 4-13, 2017; Feb 19-28, 2018
Lean Six Sigma Tools for Internal Audit Fieldwork – Apr 17-26, 2018
Lean Six Sigma Tool for Internal Audit Planning – Dec 5-14, 2017
Operational Auditing: Evaluating Procurement and Sourcing – Jan 16-25
Operational Auditing: Influencing Positive Change –Jan 16-25, 2018
Performing an Effective Quality Assessment –Feb 5-14, 2017
Risk-based Auditing: A Value Add Proposition – Jan 17-26, 2018
Statistical Sampling for Internal Auditors – Feb 19-22, 2018
Succession Planning – Mar 26-28, 2018
View All eSeminars
IIA Canada eSeminars
Fundamentals of IT Auditing – Dec 4-13, 2017
November 2017 IIA Edmonton – Chapter Newsletter Page 8
Conference Date Location
General Audit Management Conference March 12–14, 2018 The Aria / Las Vegas, NV
International Conference May 6–9, 2018 Dubai World Trade Centre / Dubai, UAE
Governance, Risk, and Control Conference Aug. 13–15, 2018 Omni Hotel / Nashville, TN
Environmental, Health & Safety Exchange March 15, 2018 Aria Resort & Casino / Las Vegas, NV
Financial Services Exchange Oct. 1–2, 2018 Washington, DC
Upcoming Conferences / Events
If you’ve made the decision to enhance your career by earning the Certified Internal Auditor® (CIA®)
designation, Edmonton Chapter can help you achieve your goals with The IIA’s CIA Learning System®.
The IIA's CIA Learning System is a comprehensive training course designed to provide chapters,
members, and the audit community of professionals with information and tools to master the global CIA
exam syllabus. This premier quality program is aligned with the International Professional Practices
Framework (IPPF) to ensure you stay current with the global internal auditing profession and are ready
for the CIA exam. It combines printed text with online testing tools and online questions. Take
advantage of the best prep materials out there by ordering yours today!
For more information or to try a demo, click here. Wondering how long it will take you to prepare for the
exam? Create your free, personalized study plan here.
To take advantage of special chapter discounts, contact Adra Upadhyaya.
The IIA’s CIA Learning System
Membership and Certification News
The IIA offers a comprehensive certification portfolio for Internal Auditors that can serve as a key to
unlocking your next opportunity within the profession. By earning your Certified Internal Auditor®
(CIA®), Certified Government Auditing Professional® (CGAP®), Certified Financial Services Auditor®
(CFSA®), Certification in Control Self-Assessment® (CCSA®), or Certification in Risk Management
Assurance® (CRMA®) certifications, your clients and employer know that you are knowledgeable and
committed to ensuring quality is part of everything you do. Visit the IIA’s Certification pages or contact
Adra Upadhyaya, IIA Edmonton Chapter – Director for more information.
November 2017 IIA Edmonton – Chapter Newsletter Page 9
The Edmonton Chapter has partnered with Gleim CIA Review to ensure your success on the CIA
exam!
Gleim CIA Review is the most widely used CIA prep course. More CIAs have used Gleim to pass the
CIA Exam than all other prep courses combined. The exceptional content now includes over 40 hours
of in-depth video lectures and comprehensive question test banks that cover all of the topics tested and
are presented in a format that replicates your exam-day experience. In addition, CIA candidates enjoy a
no-hassle Access Until You Pass® Guarantee and customized support from a team of CIA exam prep
experts.
As a member of the chapter, you are eligible for a 10-20% discount on Gleim CIA Review Systems. To
take advantage of the reduced prices and to place your order, log into the Members Only section of the
Chapter website.
Please contact our Gleim representative, Shawn Bowlus with any questions regarding the Gleim
materials or discounts available. Call him at 800.874.5346 ext 437 or via email
Gleim CIA Review
November 2017 IIA Edmonton – Chapter Newsletter Page 10
Chapter Achievement Program
For the 2016/2017 Chapter Year, the Edmonton Chapter maintained its Sapphire status in the IIA’s
Chapter Achievement Program (CAP).
To qualify for recognition in the IIA’s CAP program, Chapters must earn specific minimum Chapter
Achievement points in the categories of Service to Members, Service to the Profession, and Chapter
Administration. Once the chapter has met or exceeded the minimum CAP Requirements in the three
categories, the chapter will have reached the BRONZE performance level. A chapter can advance to
SILVER or GOLD levels by accumulating specified point levels defined by the IIA. PLATINUM is a
level recognizing chapters that attain GOLD status for 10 of 11 consecutive years and then each year
thereafter. There are three special levels above Platinum: Ruby recognizing 10 consecutive years of
Platinum; Sapphire recognizing 15 consecutive years of Platinum; and Diamond recognizing 25
consecutive years of Platinum.
The Edmonton Chapter receives Chapter Achievement Program (CAP) points for a variety of activities:
• applicable non-compensated speaking engagements
• training sessions facilitated
• advocacy efforts at Post Secondary institutions
• articles submitted or published in the Internal Auditor magazine or other professional journals
• writing of exam questions accepted by the IIA
• volunteering by chapter members for things like the Junior Achievement Program
You support our chapter achievements! Please report on eligible activities. We are asking all
members to email us details of any activities that may be eligible for acknowledgement in our quarterly
Chapter Achievement reporting to the IIA North America. Not sure if your activities qualify? Please
don’t hesitate to submit potential qualifying activities — we want to fully report on and receive
recognition for all eligible accomplishments of our Chapter members! Send details of activities to
[email protected] or to the Chapter President.
November 2017 IIA Edmonton – Chapter Newsletter Page 11
IIA Edmonton would like to acknowledge the following group of on-line sponsors to our website. Please take
the opportunity to visit these sponsors through the following link at the IIA - Edmonton website:
https://chapters.theiia.org/edmonton/Pages/Our-Sponsors.aspx
November 2017 IIA Edmonton – Chapter Newsletter Page 12