The Wright Report

Inside this issue

Upcoming Event .........................1

Dayton Anniversaries ................2

Welcomes & Thank you ..............2

Webinars (Free CPE!) ..................3

Speaking Opportunities .............3

Dayton Survey ............................4

LinkedIn Group ...........................4

Dayton CAE Group ......................4

IIA SmartBrief & IA Magazine ....4

IIA Certifications .........................5

CIA Learning System ...................5

QIAL Certification .......................5

CGAP Application Fee Waiver .....6

Leadership Volunteers ................6

IIA Training Links ........................7

Central Ohio Training Info ..........7

Noteworthy Article .....................8

Chapter Officer Bios ...................9

Upcoming Dayton Lunch Event!

“Managing 3rd Party Risks” Location: Bravo! Dayton Mall Centerville, OH 45459 (937) 439-1294 http://www.bravoitalian.com/index.html Date: Tuesday, October 28 Lunch: noon—1:00PM Program: 1:00PM—2:00PM Speaker: Chris Dorr, MS, CISA, CRMA CPE: 1 hour relating to Audit Cost: Free CPE! Attendees are responsible for their own lunch. RSVP: Emily.Dyer@ReedElsevier.com by end of day October 24th.

About the Event Most large companies pay great attention to internal controls. But what about controls over third

parties who are paid to provide critical services that the company relies upon? Companies including

AT&T, Wachovia, and US Bank have been fined hundreds of millions of dollars by regulatory agen-

cies for failing to properly oversee the risks and activities of the third parties they have employed as

contractors. This presentation will discuss the role that Internal Audit and internal auditors can play

in helping to manage this risk and enhance and protect their employer’s bottom line. Topics will

include a discussion of tools, techniques and approaches that can be used to manage this risk.

About the Speaker Chris Dorr is a risk manager with Synchrony Financial (formerly GE Capital) in Dayton, Ohio and is an

Adjunct Assistant Professor of Business and Information Systems at Chatfield College, in Cincinnati.

He has worked in information systems management, IT internal audit and risk management for 20

years, mostly in the financial services and healthcare areas, for companies including American Fi-

nancial Group, CareSource, and CHAN Healthcare Auditors. He holds a master’s degree in Organiza-

tional Leadership from Mount Saint Joseph University, and a Bachelor of Science from the University

of Cincinnati. He is a Certified Information Systems Auditor (CISA), Certified in the Governance of

Enterprise IT (CGEIT), and Certified in Risk Management Assurance (CRMA) by the IIA.

2014-2015 Chapter Year October 2014, Issue 4

2014–2015 Officers

President JJ Jenkins

CareSource

John.Jenkins@caresource.com

Vice President

Jessica Rowden

Battelle Rippe Kingston, LLP

Jessica.RowdenCPA@gmail.com

Treasurer Konrad Kuschnerus

CareSource

Konrad.Kuschnerus@caresource.com

Secretary Emily Dyer

Reed Elsevier

Emily.Dyer@ReedElsevier.com

“Sometimes you have to step outside of the person you've been, and remember the person you were meant to be, the person you wanted to be, the person you are."

- H.G. Wells, British author

Dayton IIA Membership Anniversaries

Congratulations to these Dayton Chapter Members celebrating their

anniversary with the IIA in September and October!

Twenty-Two Years: Sandra Coker, CIA (October)

Twenty-One Years: James Felch, CIA (September)

Twenty Years: Bob Coletto (September)

Seventeen Years: Bruce Livesay (September) & Robin Brant (October)

Fifteen Years: Susan Liller, CIA (October)

Eleven Years: Roland Gordon (September)

Nine Years: Vicki Jacoby, CIA (October)

Eight Years: David Bowser (October)

Seven Years: Alice Becton (October)

Five Years: Chris Lahmann (October)

Four Years: Johanna Ritzel (September) & Megan McCurdy (October)

Three Years: Kristen Pearson (September) & Brianna Heyne (October)

Two Years: Joan Lee (September) & Ion Sipoteanu (October)

2

Thank you Dianna Deeter and everyone who attended the

September Lunch Event!

A very big THANK YOU to Dianna Deeter for presenting at our lunch event last month! Without

wonderful volunteers and presenters like you, we would not be able to hold great learning op-

portunities and free CPE to our members. We appreciate you!

And a warm thank you to everyone who attended the September Lunch event. Your attendance

and participation helps make Dayton IIA events a success!

Welcome new Dayton members!

We are excited to announce that we have two new members who joined the Dayton chapter last month!

Nestor Colon of GE Capital Internal Audit

Joshua Monson of the Air Force Audit Agency

Welcome Nestor & Joshua! We are happy to have you!

Interested in Presenting or Attending a Dayton IIA Event?

Please let us know! There are many

opportunities to speak and present at

Dayton Chapter IIA events. Topics

can be anything applicable to Internal

Audit! Examples can include: manag-

ing your audit team and workload,

learning how to audit new processes,

fraud and investigations, IT related

audits and controls, preparing for

and passing IIA designations, and

much, much more!

Dayton IIA chapter events are de-

signed to promote learning in an

environment that also fosters net-

working! With everything you can

gain from your Dayton peers, why

not take a moment to meet them

and enjoy a valuable CPE event over

lunch?

If you are interested in speaking or

attending a future Dayton IIA event,

please contact Jessica Rowden or

Emily Dyer. Volunteers and topic

ideas are always welcome!

Jessica Rowden Jessica.RowdenCPA@gmail.com Emily Dyer Emily.Dyer@ReedElsevier.com

IIA Webinars: FREE CPE!

The IIA’s webinars are free informational programs available in both live and on-demand formats

for 24/7 access (CPE only available for live attendance). Webinars provide viewers with a cost-

effective and convenient way to immediately boost business know-how. Downloadable presenta-

tion materials are available for each webinar.

Visit the website to see the full listing of Members-Only Webinar Series.

For each webinar noted below, click on the hyperlink shown to register:

FREE! October 21, 2014; 1:00—2:00pm ET “Integrated Reporting: Understanding Today’s Environment” CPE Hours Available: 1 hour Register Now!

FREE! November 18, 2014; 1:00—2:00pm ET “Transforming Your Audit Department With Technology” CPE Hours Available: 1 hour Save the Date: Registration Available Soon

FREE! December 16, 2014; 1:00—2:00pm ET “Creativity and Innovation in Internal Audit” CPE Hours Available: 1 hour Save the Date: Registration Available Soon

3

Get the most from your membership with these exclusive member CPE offerings.

News & Trends: Opt in Today to IIA SmartBrief

IIA SmartBrief is The IIA’s new mem-

ber benefit offering a weekly snap-

shot of market news and issues

affecting internal auditors and their

stakeholders. This quick read offers

global news curated from thousands

of news sources straight to your

email inbox, delivered every Thurs-

day.

NOTE: To receive the complimentary

IIA SmartBrief, IIA members must opt

-in to subscribe. Learn more.

Dayton Chapter Member Survey—Coming Soon!

We recently added a NEW IIA LinkedIn Group for the Dayton Chapter. This LinkedIn Group was

established to help audit professionals in the Dayton area network, collaborate, and grow in their

careers.

In about a month’s time, we are 18 members strong.

Please take a moment to join the group and post an article, a comment or even a question for

your peers!

Link:

http://la.linkedin.com/groups/Institute-Internal-Auditors-IIA-Dayton-8137949

It’s that time of year! We want to know your thoughts

and feedback on what we are doing and how we can

improve. Next week a survey request will be sent to you

via email from SurveyMonkey.com. Please take 5

minutes out of your day to complete this 10 question

survey.

Please be sure to check your email (including your spam

folder) for our survey next week. We appreciate your

time and responses!

4

Be sure to check your email!

Dayton CAE (Chief Audit Executive) Group

New Dayton IIA LinkedIn Group!

The Dayton IIA Officers would like to gather information on interest in creating a CAE (Chief Audit

Executive) group for the Dayton and surrounding areas. If you are the CAE of your company and

would like to collaborate with other area CAEs, please send an email to JJ Jenkins at

John.Jenkins@caresource.com

Ia | Internal Auditor Magazine

Do you receive your publication of

Ia | Internal Auditor Magazine? If

you are a current member, you

should receive this publication to

your preferred mailing address.

Additionally, if you are signed up for

the IIA Connection and Your Career

Compass distribution, you will also

receive this publication electronically.

To access the electronic publication,

please visit http://www.theiia.org/

intauditor/ for current information

regarding global perspectives on risk,

control, and governance. Or you can

connect to Ia Mobile Edition through

the mobile app! The app is available

from Apple’s App Store, Google Play,

and the Amazon Appstore.

For more information regarding the

IIA Connection and Your Career

Compass, please visit the website:

https://na.theiia.org/periodicals/

Pages/Your-Career-Compass-and-IIA-

Connection.aspx

“Self-education is, I firmly believe, the only kind of education there is.”

― Isaac Asimov

The IIA offers a comprehensive certification portfolio for internal auditors that can serve as the key to unlocking your next opportunity within the profession; enhancing your credibility and adding clout to your resume. According to The IIA’s 2013 Compensation Study, internal auditors with one or more certifications earned up to 45 percent more than internal auditors with no certification. Make 2014 the year you commit to advancing your commitment to your profession by pursuing certification with The IIA!

CIA: Certified Internal Auditor CGAP: Certified Government Auditing Professional CFSA: Certified Financial Services Auditor CCSA: Certification in Control Self-Assessment CRMA: Certification in Risk Management Assurance NEW! QIAL: Qualification in Internal Audit Leadership

Our Dayton Chapter currently has 30 CIAs, and 6 CRMAs!

The IIA's CIA Learning System is The Institute

of Internal Auditors' own premier-quality CIA

review course. It was designed by the experts

to teach the entire 3-Part global Certified

Internal Auditor exam syllabus to CIA candi-

dates and internal auditors looking to en-

hance their knowledge and skills.

The IIA's CIA Learning System for the 3-Part

CIA exam combines printed and e-book read-

ing materials, interactive online tests and

study tools, and optional facilitator-led cours-

es to help you prepare to pass the CIA exam.

Please visit the website for a free demo and

additional information.

5

IIA Certifications “Unlock Your Door to Opportunities with IIA Global Certifications”

Prepare to pass the CIA with the IIA’s CIA Learning System (3 part Exam)

Today, growth and change in the internal

auditing field is demanding a new type of

leader — one who drives a high performing

audit team while delivering value by consist-

ently addressing stakeholder needs, top-down

risks, and expectations of an evolving market-

place. The IIA has developed the Qualification

in Internal Audit Leadership™ (QIAL™) to

support you on this journey to be the next

generation of visionaries for the profession.

So whether you’re an aspiring leader or a

chief audit executive (CAE), the QIAL is the

right qualification for the next stage in your

career progression.

Sign up here to receive more information on

QIAL – Qualification in Internal Audit Leader-

ship.

Qualification in Internal Audit Leadership (QIAL) – NEW CERTIFICATION!

New to Certifications?

Why Become Certified?

Discover the top 10 reasons to be-

come certified and learn more about

the premier designation of the inter-

nal audit profession, as well as

our four specialty exams.

Not Sure What to Do Next?

Follow the six steps to certifica-

tion when making the decision to

become certified in the internal audit

profession.

Chart Your Course

Confused about which exam or part

to tackle first? Chart your

course offers helpful tips from The

IIA.

Need More Information?

The Certification Candidate Hand-

book describes the application, regis-

tration, and certification processes

for candidates who register through

IIA Global Headquarters.

IIA Announces CGAP Application Fee Waiver Program The Certified Government Auditing Professional® (CGAP®) certification program is designed espe-cially for auditors working in the public sector at all levels — federal/national, state/provincial, local, quasi-governmental, or crown authority — and is an excellent professional credential that prepares you for the many challenges you face in this demanding environment. Visit the CIA Certification page for more information or access CCMS to apply now.

Whether you are seeking a promotion, exploring a position outside of your organization, or simp-ly pursuing professional development opportunities to help you tackle increasingly complex responsibilities while preparing for future challenges, an IIA certification can:

Increase your earning potential by up to 45 percent*

Help you gain credibility and respect in the field.

Enhance your skills and knowledge.

Demonstrate your commitment to the profession. *According to The IIA’s 2013 Internal Audit Compensation Study, the average salary of internal auditors who hold one or more certifications is 45 percent higher than that of peers with no certifications (based on U.S. responses).

6

The IIA is now seeking leadership candidates for 2015–2016. With 180,000 members in nearly 190 countries, The IIA provides dynamic leadership for the global profession of internal auditing. Volunteers play a key role and the contributions they make impact the day-to-day functions of internal auditors, as well as shape the future of the internal audit profession. Candidates should have relevant expertise and the ability to participate in the leadership of The IIA. Nominations are accepted from IIA Institutes and chapters, IIA members who know of inter-ested candidates, or candidates themselves. However, more weight is usually given to nomina-tions endorsed by an Institute or chapter Nominations for 2015-2016 should be completed and submitted electronically by November 3, 2014. If you are elected or appointed to serve, your term will begin in April 2015 or July 2015 with the exception of the ACGA Advisory Board, for which terms will begin in January 2015. For more information, please visit the website.

The IIA Central Ohio Chapter is offering our Dayton members an opportunity to obtain significant

training for Auditors In-Charge in Columbus, Ohio. The value of taking this course locally makes

this an IIA best buy. See details below.

Registration should be done through the Chapter website: www.theiia.org/chapters/index.cfm/

home.page/cid/38.

Dear Chapter Members, As previously announced, the Central Ohio Chapter of the IIA will be welcoming back internation-ally recognized speaker, Raven Catlin, Auditor-in-Charge training fall of 2014. Many of you will recognize Raven from the numerous chapter events she has instructed as well as the 2013 Cen-tral Regional Conference where she led the highly-rated CIA Review Seminar. For her complete bio please visit the Raven Global Training website: http://www.ravenglobaltraining.com “Auditor-in-Charge” training will be Monday, October 27 through Wednesday, October 29 (32.0 CPE). This intermediate course is designed for auditors who are preparing or have been recently been promoted to oversee the completion of audits and supervise other auditors. Attendees of this session will:

Understand the basics planning an audit from beginning to end including performing risk assessments and preparing an audit program;

Learn how oversee the performance of test work and staff while doing your own work;

Effectively wrap-up the audit including writing the audit report, leading meetings with sen-

ior management, manage the audit budget, and much more.

Training will take place at the Boat House at Confluence Park (679 W. Spring Street Colum-

bus, OH 43215) and the cost will be $875 per session*. Attendance will be limited so we encour-

age everyone to sign-up early. For additional details and registration, please go to the following

link:

Event: Auditor-in-Charge Training (October 27-29)

We look forward to these being exciting chapter events and will look forward to seeing you

there!

Adam Rutan

1st Vice President, Central Ohio IIA

*Member pricing. Non-Members will be subject to an additional charge of $125 per session.

Upcoming training offered by the Central Ohio IIA Chapter: Auditor-in-Charge

Come to the Experts for Your Internal Audit Train-ing

The IIA is the leader in innovative

internal audit training, and provides

quality, engaging, facilitated learning

opportunities for its members and

customers. IIA learning solutions help

ensure that you have the knowledge

and skills needed to provide the

highest level of assurance, insight,

and objectivity possible, adding value

to your organization. We are com-

mitted to delivering the very best in

internal audit training, and living up

to our reputation as the global leader

in internal audit education by provid-

ing the highest quality, convenience,

and value in the business.

Learn More!

Seminars

eLearning

On-site Training

Conferences

CIA Exam Prep

Executive Development

Event Search

Browse Our Courses Online Catalog

Training & Events FAQ

7

www.complianceweek.com

Tammy Whitehouse | September 19, 2014

PWC has some advice for internal audit departments that are feeling a little under-appreciated in

their organizations: take a fresh look at how you measure your success, and what those metrics

say about your value to the company.

In its 2014 State of the Internal Audit Profession Study, PwC found that internal audit shops that

are seen by management more as a “trusted advisor” rather than strictly as an “assurance pro-

vider” are more valued by their stakeholders. Those acting as trusted advisors generally out-

paced the more traditional assurance providers in performance in a wide range of areas, from

audit planning to leveraging of technology, the firm says.

Many internal audit functions measure their success with metrics such as adherence to budget,

coverage of the audit plan, and timeliness of reporting, all of which are focused on the audit

function internally, PwC says, but they don’t align with metrics that stakeholders value most. In

anew report analyzing those survey results more closely, PwC found a correlation between audit

shops acting as trusted advisors and the metrics they use to measure their success. “Internal

audit functions with metrics that report the value they deliver to stakeholders are receiving high-

er performance marks from stakeholders,” PwC reports.

“We all know the saying that ‘what gets measured, gets managed,’ but what is measured should

be valued,” says Michelle Hubble, a partner with PwC’s U.S. internal audit practice. Internal audit

shops have a variety of stakeholders, a changing risk landscape, and competing priorities for

resources, she says. “These realities have driven leading internal audit functions to evolve their

metrics to not only report on operational efficiencies, which drive performance results, but also

to more deliberately focus on reporting the value they are delivering,” she says.

PwC suggests internal audit shops tailor their performance metrics to the interests of the various

stakeholder audiences who rely on their work. PwC’s report suggests ways the internal audit

shop can retool some of its traditional metrics to provide better alignment between internal

auditors and stakeholders, producing more immediate improvement in the control environment.

“When stakeholders weigh in on what matters most to them, it enables internal audit to develop

a more balanced scorecard which can drive improved performance in the areas that matter

most,” says Hubble.

Note Worthy Article:

PwC Report Suggests Internal Audit Retool Performance Metrics

Have a career opening that you’d like published in The Wright Report Newsletter?

The Dayton IIA will publish your

position name and general details to

help get the word out. The audience

of The Wright Report is limited to

Dayton IIA Members only, so you will

notify a target market.

If you have an interested in this free

service by the Dayton IIA, please send

job description name and details to

JJ Jenkins or Jessica Rowden.

JJ Jenkins John.Jenkins@CareSource.com Jessica Rowden Jessica.RowdenCPA@gmail.com

8

“Volunteers do not necessarily have the time; they have the heart.”

― Elizabeth Andrew

JJ Jenkins, President

JJ is the incoming President of the IIA’s Dayton Chapter. For the past year, he has been the Director of Internal Audit at CareSource and

was previously Director of Internal Audit at Highmark (in Pittsburgh). JJ has earned an undergraduate degree in Marketing with a minor

in Accounting as well as an MBA graduate degree. He currently holds the CIA and CRMA certifications from the IIA and the Certified

Management Accountant (CMA) and Certified Financial Manager (CFM) certifications from the Institute of Management Accountants. JJ

resides with his wife and daughters in the Beavercreek area.

Jessica Rowden, Vice President

Jessica is the current Vice President of the IIA’s Dayton Chapter and an Auditor at Battelle Rippe Kingston LLP, a regional public ac-

counting firm, soon to be McGladrey LLP due to an acquisition. She completed her undergraduate degree at Wright State University

where she majored in Accountancy and Finance with minors of Marketing and Management Information Systems. Jessica obtained her

CPA license in 2012 and the Certification in Risk Management Assurance (CRMA) in 2014. She is currently pursuing the Certified Internal

Auditor (CIA) designation. In addition to serving on the Dayton IIA board, Jessica is also a member of the Ohio Society of CPAs (OSCPA)

Women’s Initiative Committee and enjoys assisting all business professional-types in advancing their careers. Jessica lives in Kettering

with her husband and infant son and enjoys home renovations in her spare time.

Konrad Kuschnerus, Treasurer

Konrad is the incoming Treasurer of the IIA’s Dayton Chapter and a Senior IT Internal Auditor at CareSource, a nonprofit managed health

care plan headquartered in Dayton, Ohio. It is the largest Medicaid plan in Ohio. He completed his undergraduate degree at Ohio Uni-

versity where he majored in Accountancy and Pre-Law and then went on to complete his Master of Accounting at Miami University.

Konrad obtained his CPA license in 2005. He is currently pursuing the Certified Information Systems Auditor (CISA) designation. In addi-

tion to serving on the Dayton IIA board, Konrad has also served as Treasurer for the Central Ohio Association of Governmental Account-

ants. Konrad lives in Miamisburg with his wife and daughters and enjoys playing golf in his spare time.

Emily Dyer, Secretary

Emily is the Secretary of the IIA’s Dayton Chapter. She is also the Sr. Director, Information Assurance and Assessment in Reed Elsevier’s

Information Assurance & Data Protection Organization. She oversees a team of ten auditors, including two managers, that concentrates

on contractual and regulatory compliance. Emily began her journey at Reed Elsevier’s LexisNexis division in 2007 as an audit analyst. Her

hard work and dedication was recognized and rewarded with a series of promotions which ultimately earned her the position she holds

today. Prior to her work at Reed Elsevier, Emily specialized in internal controls and Sarbanes-Oxley auditing as an office manager at SCI, a

publicly-traded company. Emily has a B.A. from Wright State University, earned her designation as a Certified Information Privacy Profes-

sional (CIPP) from the International Association of Privacy Professionals (IAPP) and Fair Credit Reporting Act (FCRA) Certification via the

Consumer Data Industry Association (CDIA).

9

Dayton Chapter Officer Bios