coso certificate course 2018.pdf · iia-certified individuals must report cpe/cpd credits earned in...
TRANSCRIPT
Inside this issue:
COSO Certificate Course 1
President’s Message 2
IIA Webinars 2
Certification News 4
Membership Corner 5
CAP Corner 5
Schedule of Events 6
October 2018 Volume 53, Issue 2
Page 1
Designing and implementing an
effective system of internal control can
be challenging, and adapting to rapidly
changing business models, new
technologies, or globalization requires
that system to be agile. An internal
control system requires the use of
judgment to monitor and assess its
effectiveness, and it must provide
insight on the application of controls.
The new Certificate, through a blend
of self-paced learning and live class
room training, offers you a unique
opportunity to develop an expertise in
designing, implementing, and
conducting an internal control system.
This 25.5-credit program takes you
through the Framework from start to
finish and, through the use of real-
world scenarios, allows you to:
Understand the principles-based
approach
Identify and analyze risks
Develop confidence in the internal
control system
Learn from experts and share your experiences with your peers
Upon completion of the self-study
course and the in-person training,
you’ll be eligible to sit for the exam
and earn your certificate.
Additional Information
A 5.5-credit, online, self-study course
must be completed prior to the start of
the in-person training. You will be
contacted when the course opens. The
goal of the online learning component
is to provide an introduction to key
concepts of the Framework and to
allow you to begin thinking about the
Framework in the context of your own
entity. It covers a variety of topics
including types of objectives, compo-
nents of internal control, princi-
ples and points of focus, roles and
responsibilities, and limitations of
internal control. Examples
are provided throughout the learning
to illustrate the concepts presented.
Note: Due to the limited seating,
registrants must be pre-approved.
If your email address is not in the
system, please contact Alex Rusate at
Day 1: October 22, 2018
8:30 AM - 4:30 PM
Day 2: October 23, 2018
8:30 AM - 4:30 PM
Day 3: October 24, 2018
8:30 AM - 1:30 PM
Location: NYS Forum
24 Aviation Road
Albany, NY 12205
Cost:
Category Cost
IIA Member $850*
Non-members $1,000*
Number of CPEs:
Live Session: 21
CPEs
Pre-work: 4.5 CPEs
Total: 25.5 CPE hours
*Breakfast and lunch is included in the program fee
IIA Audit News A Newsletter for Members of the Albany Chapter of the Institute of Internal Auditors
COSO Certificate Course
Page 2
IIA Audit News: A Newsletter for Members of the Albany Chapter of the Institute of Internal Auditors
Welcome to the beautiful month of
October! I don’t know about you, but
fall is my favorite season and I am
ready to fully embrace all that it offers,
including the Albany IIA programs!
The year got off to a great start with the
kickoff event – Mystery Fraud Train-
ing: 'Money for Nothing and Your
Kickbacks for Free' at the Italian
American Community Center on
September 25th. Fifty two members
attended and enjoyed a wonderful meal
and worked on solving the puzzle of a
kickback scheme, which helped them
earn 3.5 CPE credits. Some of the
topics discussed were interview skills,
fraud red flags and fraud statis-
tics. Lively discussion, audience
interaction and participation, and
interesting topics made for an enjoyable
training afternoon.
On October 22-24, our Chapter is
offering the COSO Certification
Course. It is not too late to sign up, but
hurry as there are only 6 seats available!
This 25.5-credit program takes you
through the COSO 2013 Framework
from start to finish. Upon completion
of this course, you’ll be eligible to sit
for the online exam and earn your
certificate.
In addition, on October 26 we are
offering the CAE Roundtable. Each
year the Chapter brings Chief Audit
Executives (CAEs) together in a small
setting to discuss common topics facing
their audit shops, such as staffing and
IT concerns. If you are interested in
attending, please contact Joe Morrissey
at (518) 408-1858.
We are always looking for member
volunteers who want to make a
difference in our chapter. If you’d like
to expand your network, improve your
leadership skills, or share your
knowledge with the auditing communi-
ty, we invite you to join our board.
Please contact me anytime at
[email protected] so we
can identify an opportunity that suits
your interests and availability. If you
would like to see us in action, please
consider attending a monthly Board
meeting with coffee and bagels!
Meetings are held on the second
Tuesday of every month at 7:45 am at
the New York State Teachers’ Retire-
ment System (10 Corporate Woods
Drive, Albany, NY 12211). I hope to
see you there!
Best regards,
Layli Nazirova
IIA Webinars
The IIA offers free informational
programs to its members on a variety of
topics. Click here to obtain additional
information and to register.
Attracting and Retaining Top-
Talent in Internal Audit
October 16, 2018
1:00 – 2:00 PM
With increasingly complex risks and
regulations and greater stakeholder
expectations, Internal Audit must
deploy creative talent management
strategies to recruit, develop, motivate,
and retain top talent. In this webinar,
we will explore practical application
techniques that Internal Audit can use
for attracting the best resources,
focusing on professional development,
connecting the team, marketing the
internal audit function, and harnessing
President’s Message By Layli Nazirova, CIA, CGAP
subject matter expertise. This webinar
will also cover the related talent
management IIA standards and
guidance as well as what skills are in
high demand in today’s environment.
Managing EH&S Risk: Leverag-
ing COSO ERM: 2017 and ISO
31000 to Enhance EH&S
Management Systems
October 31, 2018
2:00 – 4:00 PM
This webinar will examine how the
environmental and occupational health
and safety management systems can
benefit from the risk management
techniques found in COSO ERM:2017
and ISO 31000:2018
Learning Objectives
Learn about the need to enhance
risk management within the
current versions of ISO manage-
ment system standards - ISO
45001:2018 and ISO 14001:2015
as working examples.
Understand how the risk manage-
ment information will be used by
the organizations that use these
ISO management system stand-
ards.
Understand how the investment
community can influence compa-
nies to use these two ISO manage-
ment systems standards.
Learn how environmental,
occupational health and safety risk
information is obtained and used
effectively by the organization.
Examine the strengths and
weaknesses of COSO ERM:2017
and ISO 31000:2018 as viewed by
top management, functional
managers, external stakeholder
engagement, worker participation
and others involved in programs
covered by the ISO management
system standards.
Discover opportunities that might
exist for EHS and internal audit in
this space.
Pricing
Free to EHSAC members; $90 to non-
EHSAC members who are members of
The IIA.
IIA Audit News: A Newsletter for Members of the Albany Chapter of the Institute of Internal Auditors
Certification News By Alex Rusate, CPA, CIA, CRMA, CCSA
Newly Certified
Congratulations to the following
members who have recently received the
following certifications:
Ethics Requirements
IIA-certified individuals must report
CPE/CPD credits earned in 2018 by
December 31st! There is still time to
earn CPEs, including the Ethics
requirement. Options range from one-
hour webinars to 32-credit in-person
seminars to OnDemand courses and are
available on the IIA website.
COSO Certificate Course
It is not too late to sign up for the COSO
Certification Course in October. This
25.5-credit program (5.5 online pre-
work and 20 hours in person) takes you
through the COSO 2013 Framework
from start to finish. Upon completion of
the self-study course and the in person
training, you’ll be eligible to sit for the
online exam and earn your certificate.
The program is limited to 30 individuals
and all registrants must be pre-registered
with Alex Rusate. For availability and
pricing, please contact Alex Rusate at
Page 3
IIA Webinars (Continued)
Name Certification
John Clements CIA
Catherine Scarselli CFSA
Katherine Hogan CRMA
Nadene Babylon CIA
Rema Cavanaugh CIA
Page 4
IIA Audit News: A Newsletter for Members of the Albany Chapter of the Institute of Internal Auditors
Membership Corner By Christopher Herald, CGAP
Please join me in welcoming the
following individuals to the
IIA Albany Chapter:
Jason Clas
Amy Mantor
Fall is the time of changing seasons,
but don’t “fall” behind on earning
your CPE’s. If you are lacking
CPE’s, be sure to attend any one of
our upcoming events!
As always, if anyone has questions
about their membership, or has a co-
worker that would like more
information about how to join the IIA
Albany Chapter, please contact me
and I will be happy to assist.
Chris Herald
Membership Chair [email protected]
Membership Corner By Christopher Herald, CGAP
Category Chapter Points
Service to Members 211
Professionalism 0
Chapter Health 0
Total CAP Points Earned 211
CAP Corner By Cristina Hourigan
Chapter Achievements As of
10/1/2018
Balance to Minimum (Bronze) 474
Percent of Minimum Achieved 31%
The Chapter Achievement Program
(CAP) is an achievement and recogni-
tion program for chapters that uses
points to recognize chapter activities that
align with the North American Strategic
Plan. The program helps to set minimum
standards of performance for service to
members and to the profession. It also
provides a means to evaluate chapter
success.
A chapter must earn the minimum CAP
points annually in each of the 3
service categories to participate in the
CAP program. The 3 service catego-
ries are:
1) Service to Members,
2) Professionalism, and
3) Chapter Health
Once the Chapter has met or exceeded
the minimum CAP requirements in the 3
categories, the Chapter will have
reached the BRONZE performance
level. A chapter can advance to
SILVER or GOLD levels by accumu-
lating the points noted below made up of
any combination of CAP points from the
3 service levels (while also meeting the
minimums below).
Chapter Targets
Bronze 685
Silver 1,060
Gold 1,560
SCHEDULE OF EVENTS 2018 — 2019
Albany Chapter – Institute of Internal Auditors
SEPTEMBER
September 25, 2018
Mystery Fraud Training
3.5 CPEs
OCTOBER
October 22-24, 2018 COSO Certificate
Course
October 26, 2018
Fall CAE Roundtable
No CPEs
NOVEMBER
November 19–20, 2018
Annual Fraud
Conference
7 to 14 CPEs
DECEMBER
December 2018
Annual Holiday
Luncheon
No CPEs
JANUARY
TBD
Technology Conference
7 CPEs
FEBRUARY
February 12, 2019
Certification Breakfast
No CPEs
MARCH
March 18-20, 2019
TCTC
7 to 21 CPEs
APRIL
April 6-7, 2019
CIA Part III Review
CPEs
Spring CAE Roundtable
No CPEs
MAY
TBD
JUNE
June, 2018
Awards Ceremony
No CPEs
JULY
AUGUST
Page 5
IIA Audit News: A Newsletter for Members of the Albany Chapter of the Institute of Internal Auditors
Email: [email protected]
Phone: (518) 408-4865
Danielle Bridger
Don’t forget to report your speaking hours to