Global Certification Update - TheIIA...• Quality assurance and improvement planning . Corporate...
Transcript of Global Certification Update - TheIIA...• Quality assurance and improvement planning . Corporate...
![Page 1: Global Certification Update - TheIIA...• Quality assurance and improvement planning . Corporate Leadership • Governance, risk management, and internal control ... as account for](https://reader034.fdocuments.us/reader034/viewer/2022042304/5ecff030e6412007d6038e27/html5/thumbnails/1.jpg)
www.theiia.org
Global Certification
Update
Anton van Wyk,
CIA, CRMA
Vice Chairman – Certifications
![Page 2: Global Certification Update - TheIIA...• Quality assurance and improvement planning . Corporate Leadership • Governance, risk management, and internal control ... as account for](https://reader034.fdocuments.us/reader034/viewer/2022042304/5ecff030e6412007d6038e27/html5/thumbnails/2.jpg)
www.theiia.org
LOCAL PROGRAMS
![Page 3: Global Certification Update - TheIIA...• Quality assurance and improvement planning . Corporate Leadership • Governance, risk management, and internal control ... as account for](https://reader034.fdocuments.us/reader034/viewer/2022042304/5ecff030e6412007d6038e27/html5/thumbnails/3.jpg)
www.theiia.org
What is a Local Program?
• A local program is defined as a program
offered by an Institute that leads to a
certificate, certification, designation, or
diploma.
• Local programs are created to fulfill a
perceived need not covered by global
certifications.
![Page 4: Global Certification Update - TheIIA...• Quality assurance and improvement planning . Corporate Leadership • Governance, risk management, and internal control ... as account for](https://reader034.fdocuments.us/reader034/viewer/2022042304/5ecff030e6412007d6038e27/html5/thumbnails/4.jpg)
www.theiia.org
Local Programs • There are multiple concerns related to local
programs: – Competition with the global certification programs
– The effect these programs pose to the global IIA brand and perception of Internal Audit as a global profession
– Violation of Institute or Certification Agreements
– Institutes’ experience creating a program that is legally defensible, psychometrically valid, and financially sustainable
![Page 5: Global Certification Update - TheIIA...• Quality assurance and improvement planning . Corporate Leadership • Governance, risk management, and internal control ... as account for](https://reader034.fdocuments.us/reader034/viewer/2022042304/5ecff030e6412007d6038e27/html5/thumbnails/5.jpg)
www.theiia.org
Local Programs • 2010 – A survey was sent to all Institutes
requesting information on any/all current or planned local programs.
• 2011 & 2012 – The Professional Certifications Board (PCB) reviewed local programs identified at that time and partnered with Institutes to ensure that local programs offered do not compete against the CIA or any Specialty program.
![Page 6: Global Certification Update - TheIIA...• Quality assurance and improvement planning . Corporate Leadership • Governance, risk management, and internal control ... as account for](https://reader034.fdocuments.us/reader034/viewer/2022042304/5ecff030e6412007d6038e27/html5/thumbnails/6.jpg)
www.theiia.org
Local Programs
• 2013 – The PCB will again conduct the survey of all current and planned programs.
• Programs will be reviewed against a defined checklist.
• Ultimately the Board of Directors has the responsibility to approve or deny local programs.
![Page 7: Global Certification Update - TheIIA...• Quality assurance and improvement planning . Corporate Leadership • Governance, risk management, and internal control ... as account for](https://reader034.fdocuments.us/reader034/viewer/2022042304/5ecff030e6412007d6038e27/html5/thumbnails/7.jpg)
www.theiia.org
Local Programs
• What can Institutes do to help?
– Return survey.
– If considering a local program, or making changes to an existing program, proactively contact the PCB for guidance.
– Work with the PCB to share information on the local market’s needs and how we can meet those needs without impacting the CIA or other certification programs.
![Page 8: Global Certification Update - TheIIA...• Quality assurance and improvement planning . Corporate Leadership • Governance, risk management, and internal control ... as account for](https://reader034.fdocuments.us/reader034/viewer/2022042304/5ecff030e6412007d6038e27/html5/thumbnails/8.jpg)
www.theiia.org
CERTIFICATION SUITE
TASK FORCE INITATIVE
![Page 9: Global Certification Update - TheIIA...• Quality assurance and improvement planning . Corporate Leadership • Governance, risk management, and internal control ... as account for](https://reader034.fdocuments.us/reader034/viewer/2022042304/5ecff030e6412007d6038e27/html5/thumbnails/9.jpg)
www.theiia.org
Current State of Certification Offerings CIA Certified Internal Auditor
GLOBAL PROFESSIONAL PRACTICE
0 Years 2 Years 5 Years
Internal Audit Activity's Role in Governance,
Risk and Control (Part 1)
Conducting the Internal Audit Engagement (Part 2)
Business Analysis and Information Technology (Part 3)
Business Management Skills (Part 4)
(professional recognition)
Requirements
Experience - 2 Years
Education - University Degree
Examination - Global CBOK
Ethics Attestation CPE
Requirements
CPE
![Page 10: Global Certification Update - TheIIA...• Quality assurance and improvement planning . Corporate Leadership • Governance, risk management, and internal control ... as account for](https://reader034.fdocuments.us/reader034/viewer/2022042304/5ecff030e6412007d6038e27/html5/thumbnails/10.jpg)
www.theiia.org
Decision Drivers:
How did we arrive here? • External forces due to recent changes in the business
environment have increased the need to rely upon internal audit
professionals for additional skill sets. Therefore the task force
completed a market feasibility study to:
– Determine whether The IIA needs an advanced assessment
model.
– Gather data points to determine not only IF there is a
market, but also WHERE the market exists.
• The task force completed a well-thought-out and thorough
process related to these issues from a risk assessment, through
market feasibility, to development of a business plan.
• Conclusion: Even if there is not a strong financial market need,
there does exist a compelling strategic need.
![Page 11: Global Certification Update - TheIIA...• Quality assurance and improvement planning . Corporate Leadership • Governance, risk management, and internal control ... as account for](https://reader034.fdocuments.us/reader034/viewer/2022042304/5ecff030e6412007d6038e27/html5/thumbnails/11.jpg)
www.theiia.org
Market Analysis Data points from the market survey with 2,240 global
respondents (practitioners and stakeholders) indicate:
– Nearly 50% of the respondents in all constituency groups
indicated a positive inclination toward pursuing the credential
themselves.
– Almost 70%of stakeholders indicated that they were likely or
highly likely to require/recommend a leadership qualification
for CAEs/DIAs.
– Almost 50% of CAEs and DIAs also indicated that they
would support a leadership qualification for those under their
direction.
– The degree of support does not vary materially across
demographic sub-groups or constituencies.
![Page 12: Global Certification Update - TheIIA...• Quality assurance and improvement planning . Corporate Leadership • Governance, risk management, and internal control ... as account for](https://reader034.fdocuments.us/reader034/viewer/2022042304/5ecff030e6412007d6038e27/html5/thumbnails/12.jpg)
www.theiia.org
Identified Target Audience
• Principally positioned for individuals aspiring to
become senior audit leaders.
• The program will serve audit leaders who may have
come into the CAE role through a less traditional
route (rotational or parachuted in).
– The CSTF recognizes and welcomes the fact that some
incumbent CAEs may choose to participate in the program.
– Program cannot be successful if it attempts to be everything
to everybody. The program focus is on the internal audit
profession and protecting that brand.
![Page 13: Global Certification Update - TheIIA...• Quality assurance and improvement planning . Corporate Leadership • Governance, risk management, and internal control ... as account for](https://reader034.fdocuments.us/reader034/viewer/2022042304/5ecff030e6412007d6038e27/html5/thumbnails/13.jpg)
www.theiia.org
Proposed Certification Suite
Govmt
FinancialServices
Risk Mgmt/ Control
LocalProgram
CIA Certification
A
s
s
o
c
i
a
t
e
L
e
v
e
l
0 - 3 years experience Minimum 3 years exp
3 – 10 years exp by path
Technical Designation
Premier Certification
Leadership Qualification
CIA Part I
CIA Parts II & III
No part IV per 2011 job analysis
Not 4 separate items, rather 1 program
Innovation
Ethics
Corporate
Internal Audit
![Page 14: Global Certification Update - TheIIA...• Quality assurance and improvement planning . Corporate Leadership • Governance, risk management, and internal control ... as account for](https://reader034.fdocuments.us/reader034/viewer/2022042304/5ecff030e6412007d6038e27/html5/thumbnails/14.jpg)
www.theiia.org
Proposed Program
Internal Audit Leadership
Ethical Leadership
Innovation Leadership
Corporate Leadership
![Page 15: Global Certification Update - TheIIA...• Quality assurance and improvement planning . Corporate Leadership • Governance, risk management, and internal control ... as account for](https://reader034.fdocuments.us/reader034/viewer/2022042304/5ecff030e6412007d6038e27/html5/thumbnails/15.jpg)
www.theiia.org
Internal Audit Leadership
• Effective relationship management with the board and audit committee
– The audit charter, audit committee training
• Internal audit management and advocacy
– Performance management, mentoring and coaching
• Talent management / succession planning
• Transformational competencies
– Influence, personal effectiveness and leadership, confidentiality
– Consulting
– Change advocacy, initiation and management
– Conflict resolution, facilitation and negotiation
• Dealing with highly sensitive issues and/or irregularities (fraud)
• Quality assurance and improvement planning
![Page 16: Global Certification Update - TheIIA...• Quality assurance and improvement planning . Corporate Leadership • Governance, risk management, and internal control ... as account for](https://reader034.fdocuments.us/reader034/viewer/2022042304/5ecff030e6412007d6038e27/html5/thumbnails/16.jpg)
www.theiia.org
Corporate Leadership • Governance, risk management, and internal control
• Business and financial strategy
• IT Governance
• Influencing and providing assurance in relation to organizational
change process
– Organizational relationships (structure) and (risk) culture
• Internationalization and the challenges of operating in a global
economy
• Assurance
– Combined/Collective assurance (convergence) to adequately
manage risks (i.e. link/map the work of internal audit, external audit,
regulators, compliance, co-sourcing)
– Continuous
– External audit relationship / Annual opinions
![Page 17: Global Certification Update - TheIIA...• Quality assurance and improvement planning . Corporate Leadership • Governance, risk management, and internal control ... as account for](https://reader034.fdocuments.us/reader034/viewer/2022042304/5ecff030e6412007d6038e27/html5/thumbnails/17.jpg)
www.theiia.org
Ethical Leadership
• Ethics
• Personal integrity, courage
• Corporate social responsibility
• Environmental responsibility
![Page 18: Global Certification Update - TheIIA...• Quality assurance and improvement planning . Corporate Leadership • Governance, risk management, and internal control ... as account for](https://reader034.fdocuments.us/reader034/viewer/2022042304/5ecff030e6412007d6038e27/html5/thumbnails/18.jpg)
www.theiia.org
Innovation Leadership
• Leading practices
– world class, cutting edge
• Optimizing the internal audit function
• Emerging trends and technologies
• Professional participation
![Page 19: Global Certification Update - TheIIA...• Quality assurance and improvement planning . Corporate Leadership • Governance, risk management, and internal control ... as account for](https://reader034.fdocuments.us/reader034/viewer/2022042304/5ecff030e6412007d6038e27/html5/thumbnails/19.jpg)
www.theiia.org
Potential Delivery Modalities
• Video Submission / Live Presentation
– (i.e. auditchannel.tv)
• Case Study
• Submission of Work Product / Work Experience
• Testimonial Reference
• Peer Interviews / Panel Interview
• Professional Research / Thesis
• Written Submission / Written Exam
• Professional Participation
![Page 20: Global Certification Update - TheIIA...• Quality assurance and improvement planning . Corporate Leadership • Governance, risk management, and internal control ... as account for](https://reader034.fdocuments.us/reader034/viewer/2022042304/5ecff030e6412007d6038e27/html5/thumbnails/20.jpg)
www.theiia.org
Potential Assessment Methodology
• Each of the four modules will assess various interpersonal or cognitive
skills
• There will be various options available within each module to
assess a skill set in an effort to build flexibility into the program, as well
as account for accreditation of prior experience and learning (APEL)
– APEL is not the same as grandfathering
• Some individuals may not be able to provide a work product due to
confidentiality constraints and may choose to complete a case study
instead; but both would not be required.
• Some assessment methods are more culturally appropriate and
recognized than others in different regions. Cultural aspects will be
taken into consideration during the development phase.
– A panel interview is a less common practice in North America, it is
culturally appropriate in other regions; or a case study may be the
most appropriate in another region, etc.
![Page 21: Global Certification Update - TheIIA...• Quality assurance and improvement planning . Corporate Leadership • Governance, risk management, and internal control ... as account for](https://reader034.fdocuments.us/reader034/viewer/2022042304/5ecff030e6412007d6038e27/html5/thumbnails/21.jpg)
www.theiia.org
Timeline
Committee / Group Date
Professional Certifications Board (PCB) July 2012 (Approved)
North American Board (NAB) September 2012 (Completed)
Executive Committee
preview materials in August
In person meeting October 2012
(Approved)
Institute leaders discuss with
respective board members prior to
vote
October – November 2012 (Completed)
Global Board Vote (Mid-Year) November 30, 2012 (Approved)
Next Pilot Development: 2013
Further Implementation: 2014
If approved, the next phase would be the development of a pilot and partnership with an English-speaking Institute for implementation.
![Page 22: Global Certification Update - TheIIA...• Quality assurance and improvement planning . Corporate Leadership • Governance, risk management, and internal control ... as account for](https://reader034.fdocuments.us/reader034/viewer/2022042304/5ecff030e6412007d6038e27/html5/thumbnails/22.jpg)
www.theiia.org
CRMA UPDATE
![Page 23: Global Certification Update - TheIIA...• Quality assurance and improvement planning . Corporate Leadership • Governance, risk management, and internal control ... as account for](https://reader034.fdocuments.us/reader034/viewer/2022042304/5ecff030e6412007d6038e27/html5/thumbnails/23.jpg)
www.theiia.org
Certification in Risk Management
Assurance (CRMA)
• Our goal for 2012 – 3,000 CRMAs globally
• Achieved 5,957 CRMAs (a/o December).
• Additional 5,600 still in process
![Page 24: Global Certification Update - TheIIA...• Quality assurance and improvement planning . Corporate Leadership • Governance, risk management, and internal control ... as account for](https://reader034.fdocuments.us/reader034/viewer/2022042304/5ecff030e6412007d6038e27/html5/thumbnails/24.jpg)
www.theiia.org
Certification in Risk Management Assurance
Top 10 countries (a/o End of January)
Applied Certified Total
UNITED STATES 2230 2555 4785 CHINA 1050 1719 2769 CANADA 529 496 1025 UNITED ARAB EMIRATES 118 84 202 SPAIN 0 166 166 TURKEY 0 162 162 JAPAN 0 110 110 COLOMBIA 60 27 87 SWITZERLAND 1 81 81 UNITED KINGDOM 48 29 77
![Page 25: Global Certification Update - TheIIA...• Quality assurance and improvement planning . Corporate Leadership • Governance, risk management, and internal control ... as account for](https://reader034.fdocuments.us/reader034/viewer/2022042304/5ecff030e6412007d6038e27/html5/thumbnails/25.jpg)
www.theiia.org
CRMA
• Approved final exam content
outline – available on the web site
• Approved launch date – 1 July
2013 in English only
• Approved co-requisite of Part 1 of
CIA exam to achieve the CRMA
certification
![Page 26: Global Certification Update - TheIIA...• Quality assurance and improvement planning . Corporate Leadership • Governance, risk management, and internal control ... as account for](https://reader034.fdocuments.us/reader034/viewer/2022042304/5ecff030e6412007d6038e27/html5/thumbnails/26.jpg)
www.theiia.org
IMPORTANT REMINDER!!!
• The close of the Professional Experience
Recognition (PER) outside North America was
extended for members:
– Application MUST be submitted by 31 March
2013.
– Final verification paperwork must be submitted
by 30 April 2013.
![Page 27: Global Certification Update - TheIIA...• Quality assurance and improvement planning . Corporate Leadership • Governance, risk management, and internal control ... as account for](https://reader034.fdocuments.us/reader034/viewer/2022042304/5ecff030e6412007d6038e27/html5/thumbnails/27.jpg)
www.theiia.org
CIA TRANSITION
UPDATE
![Page 28: Global Certification Update - TheIIA...• Quality assurance and improvement planning . Corporate Leadership • Governance, risk management, and internal control ... as account for](https://reader034.fdocuments.us/reader034/viewer/2022042304/5ecff030e6412007d6038e27/html5/thumbnails/28.jpg)
www.theiia.org
3 Part CIA Exam Transition • Final implementation schedule approved: Language 3 Part Exam
Available
3 Part
Registration
Start
4 Part
Registration End
4 Part Exam End
English 1 July 2013 1 May 2013 30 June 2013 31 December 2013
Japanese
Chinese
German
Spanish
French
Korean
Polish
Turkish
1 October 2013 1 August 2013 30 September
2013 31 March 2014
Portuguese
Italian
Indonesian
Thai
Hebrew
Russian
Arabic
1 January 2014 1 November 2013 31 December 2013 30 June 2014
![Page 29: Global Certification Update - TheIIA...• Quality assurance and improvement planning . Corporate Leadership • Governance, risk management, and internal control ... as account for](https://reader034.fdocuments.us/reader034/viewer/2022042304/5ecff030e6412007d6038e27/html5/thumbnails/29.jpg)
www.theiia.org
Web Site Candidate Transition Tool
![Page 30: Global Certification Update - TheIIA...• Quality assurance and improvement planning . Corporate Leadership • Governance, risk management, and internal control ... as account for](https://reader034.fdocuments.us/reader034/viewer/2022042304/5ecff030e6412007d6038e27/html5/thumbnails/30.jpg)
www.theiia.org
Specific Action Plan