globaliia.org advocacy/iia as a leader larry harrington, senior vice chairman of the board
TRANSCRIPT
globaliia.org
Advocacy/IIA as a Leader
Larry Harrington, Senior Vice Chairman of the Board
globaliia.org
I AMTHE LEADING VOICE
AMONG 180,000+ STRONG
SHARING A POWERFUL BRAND
WITH PASSION, PRIDE & COURAGE
AND WHO EXCEEDS EXPECTATIONS
globaliia.org
VIDEO
globaliia.org
Yesterday You Told UsResults from Polling Questions
globaliia.org
• Internal Controls (98%)• Compliance (89%)• Anti-Fraud (84%)• Audit Committee Effectiveness (75%)• Governance (71%)• Management (70%)
We Asked
Identify the areas internal audit is considered a trusted and influential resource to its stakeholders
You Told Us Yes To:
globaliia.org
• Technology (70%)• Integrated Reporting Assurance (70%)• Combined Assurance (52%)
We Asked
Identify the areas internal audit is considered a trusted and influential resource to its stakeholders
You Told Us No To:
globaliia.org
• Risk Management (83%)• Audit Committee Effectiveness (82%)• Governance (70%)• Combined Assurance (68%)
We Asked
What level of obstacles does internal audit face toward acceptance as a relevant, trusted, and influential resource on:
You Told Us Medium to Low Obstacles
globaliia.org
• Compliance (75%)• Anti-Fraud (68%)• Internal Controls (62%)
We Asked
What level of obstacles does internal audit face toward acceptance as a relevant, trusted, and influential resource on:
You Told Us Low to No Obstacles
globaliia.org
• Technology (72%)
We Asked
What level of obstacles does internal audit face toward acceptance as a relevant, trusted, and influential resource on:
You Told Us High to Medium Obstacles
globaliia.org
• Moral compass of the organization (93%)• Courageous in challenging all lines of defense (87%)
– Extremely Important (48%)• Protector of the public good (77%)• Facilitator of foresight towards organizational
sustainability (72%)• Critical to good governance (70%)
We Asked
You Told Us Extremely to Very Important
To what degree is it important that the internal audit profession be seen as:
globaliia.org
Goal B: AdvocacyThe IIA will raise the profile of and demand for the profession to ensure it is recognized as an indispensable resource by key stakeholders.• Recognition and acceptance by stakeholders• Establishing appropriate benchmarks for
measurement• Advancing the internal audit profession within
organizations.• Elevating the image of internal auditing.
globaliia.org
Goal C: IIA as The LeaderThe IIA is recognized as the leading voice for internal auditing. • Driving dialogue and commentary around internal
audit and risk management assurance.• Contributing to debates and discussions on topics
relevant to internal auditing.
globaliia.org
Perception Gap
• Who are internal auditors?• What do internal auditors do?• How do internal auditors add value?
globaliia.org
Globally and Locally
We Must Elevate the profile and voice of internal audit and The IIA
By
1. Making internal audit a relevant, trusted and influential resource to its stakeholders
2. Building the case for internal audit’s critical role in ensuring long-term sustainability of their organizations
globaliia.org
GOALS FOR THE SESSION
globaliia.org
Explore
• What internal audit means to each of us?• Where and how internal audit is relevant?• What obstacles do we face in making
internal audit relevant?• What can we do to ensure internal audit is
relied upon as an indispensable resource?
globaliia.org
Leverage Collective Knowledge
Consensus• Key areas that create the best opportunities• Steps to take globally and locally to promote
internal audit as a relevant, trusted, and influential resource.
• Success measures.
globaliia.org
Using the Twitter Model
• Define the role of internal auditors in 140 characters or less.
• Agreed upon definition per table.• Please be prepared to share when we
meet later on today.
globaliia.org
QUESTIONS?