volume 52, issue 1 august 2015 focus iia - institute of internal auditors louis/news... · ·...
TRANSCRIPT
August 2015
Volume 52, Issue 1 Focus IIA
What’s HOT:
• August Meeting
& Training
• Annual
Director’s
Reception
What’s Inside:
August 2015 Meeting
/ Training 2
Kickoff Recap 3
ACFE Event 3
Social Media 4
Protiviti 4
Kforce 4
Calendar 5
CAP Points 6
QA Committee 7
Rubin Brown 8
Director’s Reception
9
IIA Seminar 10
Chapter Contacts
11
CAP Form 12
STL IIA Members –
My name is Brian
Dobrynski, new President
of the St. Louis Chapter
and on behalf of the Board
of Governors, this year’s
officers and all committee
members; I welcome you
to another chapter year! I
am extremely excited to
get this year started and
know that with the
talented volunteers that
we have assembled this
year, it is going to be a
fantastic chapter year!
My theme for the year is
GET Involved. BE
Connected. STAY
Engaged. As you progress
through the different
stages of your career, it is
important to remember the
IIA is always here!!
Building relationships
(networking is key),
gaining knowledge (IIA
offers many certifications)
and sharing your
experiences (mentoring
and volunteering) can be
such a rewarding skill. I
challenge all of you to
attend 1 more chapter
meeting this year than you
did last year. This might
be easy for some of you
because the number to
beat is 0, but that is OK -
President’s Message the St. Louis Chapter
offers a monthly
opportunity for you to be
involved, connected and
engaged, so please take
advantage!
Our annual trip to Deloitte
and following it up with an
all-inclusive night at Busch
Stadium to watch your 1st
place Cardinals beat up
on the division rival
Pittsburgh Pirates will be
on August 13 – sign up
today, tickets are limited.
We are also very excited
about our Director’s
Reception at the St. Louis
Club on October 8, our
annual Ethics meeting on
January 14 and mark your
calendar now for another
extremely successful
Multi-Track Event on
March 31.
One final thing I would like
to mention, June of 2016
marks the St. Louis
Chapter of the IIA’s 70th
Anniversary!! We will be
recognizing this
throughout the entire
chapter year, but we will
have a special celebration
at our year end May event
on May 19, 2016, so
please be on the lookout
for further details.
Regards,
Brian M. Dobrynski 2015-2016
Chapter President
Focus IIA – St. Louis Page 2 of 12
Page 2
St. Louis Chapter of the IIA
August 2015 Meeting / Training
Thursday, August 13th, 2015
Meeting Information
Location: Deloitte & Touche 100 S 4th St #200, St. Louis 63102
…and then to Busch Stadium!
Registration: 4 – 4:30 Meeting: 4:30 – 5:30
Ballgame/Networking: 6 – 9
CPE: 1 hour
“The Business of Concert Promotion” Presented by: Chad Cheek, VP Regional Operations, AEG Live Midwest & Events Chad is an industry veteran who worked his way up through the ranks from receptionist at SFX Entertainment fifteen years ago to Vice President of Midwest Operations at AEG Live. His background and training is in theatre administration, however when he moved to St. Louis his career path truly began in the music and entertainment industry. Chad’s jack of all trades nature gave him the ability to experience multiple departments and tackle major projects such as the Super Bowl Halftime Show 2002 in New Orleans featuring U2. From the ground up, Chad moved through various positions and departments and utilized his theatre training to adapt to many situations and eclectic and talented personalities. In 2003, AEG Live opened a regional office in St. Louis. Chad made the move to AEG Live to be a part of building something special. Through AEG Live the opportunity presented itself to work corporate events, concerts and music festivals on a national scale including Grammy parties, Bay to Breakers, Rock on the Range, Super Bowl concert series and Rothbury Music Festival. Jack of all trades is appropriate as he has worked in all facets of the business. His specialty has proven to be communication with various departments and an aptitude towards numbers. His current duties with AEG Live has him intimately involved with three music venues, eight music festivals as well as operations for a region currently producing 800+ concerts and events throughout the year.
Cost & RSVP Information
Click here to Register.
Meeting Cost:
Meeting Only: $35 member, $40 non member
Meeting and Game: $95 member, $105 nonmember (if you use a subscription for the meeting cost the game is $60).
Page 3 of 12 Focus IIA – St. Louis
Page 3
This year, the IIA’s Volunteer Kickoff took place on June 18th at Moulin
MaltHouse Cellar. The meeting began with a presentation describing the
theme for the coming IIA year to GET Involved. BE Connected. STAY
Engaged along with some overall goals set by the President, Brian
Dobrynski. After that we walked through the various committees giving
brief descriptions, and then we broke out into our committee groups to get
to know each other and begin making plans for our committees.
Once the breakout sessions were complete, everyone was welcome to
enjoy appetizers and cocktails while continuing their discussions and
getting to know the other chapter volunteers.
At the conclusion of the event everyone was excited to get going for the
coming year!
June Volunteer Kickoff Meeting Recap
Eric Feldman retired from the Central Intelligence Agency (CIA) in 2011 with over 32 years of experience in Inspector General oversight and federal auditing, in both the Executive and Legislative branches of government. He has served in executive positions with Offices of Inspector General at the Department of Defense, Defense Intelligence Agency, and CIA, and was the longest serving Inspector General of the National Reconnaissance Office (NRO) from 2003 -
Save the Date! ---- ACFE Event
“It's not just tone at the top: How companies can build an ethical culture to prevent fraud”
Speaker:
Eric Feldman, CFE, CIG -
SVP and Managing
Director, Affiliated
Monitors, Inc.
2009. At the NRO, he presided over a highly successful procurement fraud prevention and detection program, widely recognized by the Department of Justice as a model throughout the federal government. While serving as a Federal Inspector General, Mr. Feldman was an active member of the National Procurement Fraud Task Force at the Department of Justice, and chaired the Private Sector Outreach Committee. In this role, he
was a driving force behind the amendments to the Federal Acquisition Regulations requiring the mandatory disclosure of contractor fraud and the implementation of business ethics and conduct programs for federal contractors.
---------------------- When: THURSDAY, NOVEMBER 19TH, 2015 Location: TBD Registration: Coming Soon!
Focus IIA – St. Louis Page 4 of 12 Page 4
Join Our Community!
Become a Member Today
Visit Our Facebook Page
Join Our Linkedin Group
Follow Us On Twitter
Subscribe to Our RSS Feed
The Social Media Committee will host a fun and interactive challenge contest at our upcoming
St. Louis Cardinals baseball game!
Make sure you are following us on
Facebook, Twitter & Linked In for your chance to win!
Two attendees will win a gift card for participating in
the Cardinals game challenge on Aug 13th. More details will be provided at the game!
Page 5
Page 5 of 12 Focus IIA – St. Louis
IIA - St. Louis Chapter
2015-2016 Programs Calendar
Month Date Meeting
Type CPE Time Location Speaker Topic / Notes
August 8/13/2015 Meeting 1 4:30 - 5:30 PM Deloitte Chad Cheek The Business of
Concert Production
September 9/24/2015 Meeting 4 8 - 12 PM Hilton
Frontenac Julie
Kowalski
Increasing effectiveness of
audits mitigating the risk surrounding a lack of effective communication
October 10/8/2015 Directors Reception
1 5 - 8 PM St. Louis Club
Larry Rittenberg -
former COSO
Chairman
The Politics of Internal Auditing:
How Effective Chief Audit Executives Manage Political
Pressure
October 10/22/2015 Meeting 4 8 - 12 PM Hilton
Frontenac Graceworks
Leading with Your Whole Brain
October 10/29/2015 Roundtable 1 4:30 - 6 PM TBD TBD TBD
November 11/12/2015 Meeting 1 8 - 9 AM Hilton
Frontenac Danny
Goldberg
Grooming an Attractive Team in an
Unattractive Environment
November 11/12/2015 Seminar 7 9 - 5 PM IT Auditing for Non-
IT Auditors
December 12/10/2015 Meeting &
Holiday Party
1 4 - 6 PM TBD TBD Holiday Social
January 1/14/2016 Meeting 2 8 - 10 AM Hilton
Frontenac TBD Ethics
February 2/18/2016 Meeting 1 5 - 7 PM Hilton
Frontenac TBD Student Night
March 3/31/2016 Multi-track Conference
8 8 AM - 5 PM Hilton
Frontenac Multiple
IA, IT and Fraud Tracks
March TBD Roundtable 1 4:30 - 6 PM TBD TBD TBD
April 4/21/2015 Meeting 1 8 - 9 AM Hilton Frontenac
TBD TBD
April 4/21/2015 Seminar 7 9 - 5 PM TBD
May 5/19/2016 Finale 1 5 - 7 PM TBD TBD Finale
Focus IIA – St. Louis Page 6 of 12
Page 6
Enter CAP Points
The Chapter wants to achieve Platinum status again and we need your assistance…
If you have recently performed a speaking engagement, employed an intern, or written an article for a professional magazine or newsletter please complete the form at the end of this newsletter or better yet go to the chapter website and complete the on-line form “Enter CAP Points” tile under Quick Links or at https://secure.blueoctane.net/forms/AUYKXNT9ZAT0
Platinum Pursuit
As of July 27, 2015, we have an estimated 132 CAP
points
Check out our “Quest for Platinum”
status every month!
Chapter Achievement Program (CAP) CAP is the acronym for Chapter Achievement Program. The program has been established on the premise that the basic mission of the chapter is to serve its members first and then the internal audit profession. The program, sponsored by the International IIA, encourages local chapters to be active both for the benefit of the chapter members and of the local community. Local chapters earn credits for the CAP through in the following categories: a) service to members; b) service to the profession, and c) chapter administration. The Chapter Achievement Program is made up of three performance levels: bronze (685 credits), silver (1,060 credits), and gold (1,560 credits). Thanks to your efforts, our chapter has attained gold status every year since 1997. After ten consecutive years of achieving gold, a chapter achieves Platinum level which this chapter has earned since 2006. So what can a member do to earn CAP points for the chapter? Examples, include:
Attend the monthly chapter meetings; Attend chapter sponsored seminars; Utilize the chapter sponsored Certified Internal Auditor (CIA) review course; Earn an IIA certification; Develop questions for the CIA exam; Recruit new members; Present speeches or training sessions; Write internal audit-related articles for publication; Provide an internal audit internship at your company for a student; and Come up with an innovative way to promote the chapter
So, it's easy to contribute and it doesn't take too much of an effort. You can report CAP activity on the chapter website or directly to the CAP Chairperson Brent Statler at [email protected].
GOLD Level 1,560
CAP points
SILVER Level 1,060
CAP points
BRONZE Level 685
CAP points
Page 7 of 12 Focus IIA – St. Louis
Page 7
“Quis custodiet ipsos custodes”?
IIA’s Quality Assurance Review Committee
Internal Audit (IA) performs as the eyes and ears of management, providing compliance, risk, assurance and operational coverage of the enterprise. But who audits the auditors? Why would auditors want to be audited? The consistent application of the principles of the IIA’s Quality Assurance and Improvement Program (QAIP) is a goal for each IA shop. Converting this goal into practice and affirming the success of the QAIP can be realized by an independent assessment performed by a ‘fresh set of eyes’- experienced professionals who offer independent, objective evaluation services to an IA shop. To answer the question ‘why,’ the discipline around the performance of a QAIP is required by the Standards, but there are other benefits which accrue to an IA shop through the ongoing QAIP. A robust QAIP builds a repeatable/sustainable methodology which is essential for training new staff while providing the IA team clear expectations around the IA work product. Sending the right message to IA and auditees that quality expectations are defined, communicated and inspected is foundational for IA governance. And Quality sells: To management, the Audit Committee, external auditors and regulators (if applicable.) Quality builds credibility. For those IA shops working in publicly traded companies, the AICPA issued Statement on Audit Standards (SAS) 1281, which addresses the external auditor’s responsibilities of using the work of internal auditors. Specifically, as a prerequisite to being able to use the work of the internal audit function, your external auditor must evaluate IA’s approach for providing a systematic and disciplined approach, including quality control. In summary, if you would like to become that ‘fresh set of eyes,’ volunteer. If you feel your IA shop can benefit from a ‘fresh set of eyes,’ contact me at: David L. Richert, Jr. CPA, CIA Stifel Internal Audit Director One Financial Plaza | 501 N. Broadway St. Louis, MO 63102 314 342 3831 E-mail: [email protected] And lastly, these assessments earn CAP points for our Chapter!
1 This Statement on Auditing Standards is effective for audits of financial statements for periods ending on or after December 15, 2014.
Page 9 of 12 Focus IIA – St. Louis
Page 9
The St. Louis IIA Annual Director’s Reception presents:
Dr. Larry E. Rittenberg, PhD, CIA, CPA
The Politics of Internal Auditing: How Effective Chief Audit Executives Manage Political Pressure
Our Keynote Speaker wi l l be d i scussing a st rugg le wi thin industry , the Po l i t i cs o f I n te rna l Audi t ing , and sha r ing recent resu l ts f rom h is r esearch pro jec t regard ing th i s top ic . I n addi t ion , Dr . R i t tenberg wi l l be ident i fy ing best prac t i ces fo r in te rna l aud i t depar tments to a l ign wi th the business o f the organ iza t ion and for st a f f aud i tors to manage the i r career . Dr . R i t tenberg was the former Cha i r o f COSO and a member of the COSO Advisory G roup updat ing the In te rna l Contro l , I n tegra ted F ramework in 2013 . He was recognized in "2005 ' s I n f luencers : 50 Worth Watch ing" , by Busine ss & F inance Journa l , J anuary 2005 , as one of the 50 most important account ing inf luencers in the country . More recent ly , Dr . R i t tenberg has au thored two ar t i c l es on in te rna l contro l : COSO 2013 , A Ref lec t ion of the T imes, The In te rna l Audi tor , August , 2013 , and COSO In te rna l Contro l – I n tegra ted F ramework , Turn ing P r inc ip les in to Posi t ive Ac t ion , A l tamonte Spr ings , F l , The I IA Research Foundat ion , 2013 .
Thursday October 8, 2015 St. Louis Club
7701 Forsyth Blvd., St. Louis, MO 63105
Registration & Reception 5 pm – 6 pm
Keynote Speaker 6 pm – 7 pm
Networking & Hors D’oeuvres 7 pm – 8 pm
There is no charge for this event for Internal Audit Directors and above. Other chapter members may attend for $35. Please extend this invitation to your CEO, CFO and Audit Committee member. P le ase R SVP b y Oc t ob er 1 , 2 01 5 b y r e g is te r in g o n - l i ne a t t h e St. Louis IIA Chapter Website. Please send checks to: Institute of Internal Auditors – St. Louis Chapter; Ava Turner; 1 North Jefferson, 7th Floor; MAC H0006-075; St. Louis, MO 63103
Focus IIA – St. Louis Page 10 of 12
Page 10
Top Internal Audit courses offered in St. Louis
Developed and facilitated by seasoned internal audit professionals, IIA Seminars courses will provide you with the skills you need to drive results. Earn up to 32 CPEs and develop your internal auditing skills! When: October 6–9, 2015 Where: Embassy Suites St. Louis Airport
Click here to Register by August 21 and Save! For more information and registration on the courses offered, click on course name below. To register, look for the St. Louis listing on the right side of the Course Description page and click on Register.
Beginning Auditor Tools and Techniques A must for all entry-level internal auditors! Learn preliminary surveying and evidence-gathering techniques to conduct a successful audit.
Project Management Techniques Audit leaders will assess the value of applying project management tools and techniques within their own audit engagement management processes.
Construction Activity: Audit Strategies
Review detailed audit strategies to address the risk and exposure in each phase of the construction life cycle, with emphasis on project delivery and compensation methodologies.
COSO-based Internal Auditing Leverage the COSO frameworks and contribute value to strategic business planning and governance, as well as the execution, monitoring, and adaptation of audit processes.
Assessing Risk: Ensuring Internal Audit Value
Take a deep dive into the fundamentals of risk assessment, and elements such as audit universe, risk appetite, and fraud, and the challenges of implementation.
Page 11 of 12 Focus IIA – St. Louis
Chapter Contacts 2015-2016 Chapter Officers St. Louis Board of Governors
President Brian Dobrynski Wells Fargo (314) 875-2453 [email protected]
Executive Committee Diane Cody Ernst & Young (314) 290-1210 [email protected]
1st Vice President Liaison Rhonda Travers Enterprise Holdings Inc. (314) 512-3099 [email protected]
Education Committee Gail Peters Washington University (314) 362-4915 [email protected]
First Vice President Jennifer Murphy Protiviti (314) 656-1729 [email protected]
Executive Committee Katie Statler Brown Shoe Company Inc. (314) 854-4138 [email protected]
2nd Vice President Liaison Kate Turner Laclede Gas Company (314) 342-3334 [email protected]
Education Committee Ted Flom Brown Smith Wallace LLC (314) 983-1294 [email protected]
Second Vice President Regina Jones TricorBraun (314) 539-8006 [email protected]
Executive Committee Ron Steinkamp Brown Smith Wallace LLC (314) 983-1238 [email protected]
Secretary Liaison Debbie Schultz Federal Reserve Bank of St. Louis (314) 444-8927 [email protected]
Human Resources Committee Rick Feldt RubinBrown (314) 290-3220 [email protected]
Secretary Suzanna Ney Lumiere Casino (314) 881-7711 [email protected]
Executive Committee John Saric Federal Reserve Bank of St. Louis (314) 444-8713 [email protected]
Treasurer Liaison Dawn Dossett Scottrade (314) 965-1555 X1203 [email protected]
Human Resources Committee Steve Wang Protiviti (314) 656-1744 [email protected]
Treasurer Tawana Turner Wells Fargo (314) 875-1211 [email protected]
Audit Committee Kevin Dillon St. Charles County (636) 949-7455 [email protected]
Promotions Committee Tony Taylor Silgan Plastics (314) 523-4311 [email protected]
Ex Officio Member (NACRC) Jason Minard Wells Fargo (314) 875-2203 [email protected]
Chapter Committee Chairs
Academic Relations - Co Chair Jerri Carrier Wells Fargo (314) 875-1411 [email protected]
Awards Sarah Knox Hansen AT&T (314) 331-1271 [email protected]
Chapter Achievement Brent Statler St. Charles County (636) 949-7455 [email protected]
Promotions – Co Chair Rhonda Travers Enterprise Holdings (314) 512-3099 [email protected]
Academic Relations - Co Chair Besa Dibwe Centene (314) 445-0076 [email protected]
Budget and Finance – Co Chair Tamara Richter Yao Enterprise Holdings Inc. (314) 512-4883 [email protected]
Directory Amy Ribick Brown Smith Wallace (314) 983-1347 [email protected]
QAR Dave Richert Stifel (314) 342-3831 [email protected]
Advertising Brittany Wiederhold U.S. Army Audit Agency (618) 604-5752 [email protected]
Budget and Finance – Co Chair Martha Hernandez SunEdison (314) 770-5415 [email protected]
Multi-track Event Christina Rousseau Wells Fargo (314) 875-1414 [email protected]
Roundtables Tim Grace MorganFranklin Consulting (314) 623-8216 [email protected]
Arrangements Jennifer Jakel Reliance Bank (314) 569-7288 [email protected]
Budget and Finance – AP & AR John Drury and Ava Turner RubinBrown & Wells Fargo (314) 290-3250 & (314) 875-7377 [email protected] [email protected]
Newsletter Apryl Kemper and Kelly Finke Boeing and AT&T (314) 545-2351 and (314) 534-8160 [email protected]
Social Media Tamika Clay Midwest Employers Casualty Company
(636) 449-7173 [email protected]
Attendance and Membership Nathan Croll RubinBrown (314) 290-3484 [email protected]
Certifications Paul Renner Protiviti (618) 604-1757 [email protected]
Programs Evan Gruenkemeyer Protiviti (314) 656-1747 [email protected]
Webmaster/Mass Emails Aaron Thorne Graybar Electric Co. (314) 573-9535 [email protected]
Focus IIA – St. Louis Page 12 of 12
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Platinum Pursuit
IIA–St. Louis Chapter
Report of CAP Activity
NAME: __________________________________________________________________
COMPANY: ______________________________________________________________ PHONE NUMBER: _________________________________________________________ TYPE OF ACTIVITY: (speaking, editorials, articles, research, student internships, etc.) _________________________ TOPIC: (please attach agendas, articles)_____________________________________________________________ LENGTH OF PROGRAM (# CPE hours):________________________________________ DATE OF ACTIVITY: _______________________________________________________ LOCATION (city/state or country): _____________________________________________
DESCRIPTION / OTHER INFORMATION: ______________________________________ __________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
Please send, fax, or e-mail to:
Brent Statler St. Charles County Government
201 N. Second St. RM 526 St. Charles, MO 63301
Phone: 636-949-7455 Ext 1
Fax: 636-949-7467 [email protected]
Activity can also be reported via the Chapter website