2015 – 2016 Issue 08 March 2016

Upcoming Chapter Events

President’s Message The election for the 2016-2017 slate of officers and new board members has ended. Thanks to

all who volunteered to run as an officer or board member. Thanks to those who are cycling off

their respective terms. Jeremy, our president-elect, and Sneha, a new board member

interested in future roles with our Chapter, are heading to the Yacht Club resort at Walt Disney

World in April to attend the IIA Leadership Academy. The Academy trains chapter leaders in

managing their chapters and discusses our profession’s emerging issues.

Early survey results for our all-day seminar indicate everyone enjoyed the topic, speaker,

venue, and menu. Thanks for supporting our Chapter events and sharing your comments.

Our April 12th meeting will be a four-hour afternoon event. To kick off what we hope will be

warm weather for that day we will have Blue Door Smokehouse cater the meal. Everyone

enjoyed their food the last time they served us. There will be two 2-hour topics: Session 1

starting around Noon will be Forensic Accounting, Session 2 on Data Analytics will begin

around 2pm. The speakers will be Nick Lynch, Associate Director of Business Consulting

Services, Dean Dorton for Session 1, and Stephen Fuller, Senior Consultant, Wolters Kluwer for

Session 2. A great buy for members at $10 per CPE hour and non-members at $12.50 per CPE

hour, as well as great BBQ.

We are still finalizing our last meeting in May. May is International Internal Audit Awareness

month. Try something new in May to make others aware of your enthusiasm for your career in

the internal audit profession. The IIA has developed materials to promote the month and our

IIA’s 75th anniversary. Let me know if you are interested in the materials to share with media

or your organizations. Our Chapter has submitted a request for the Governor of the

Commonwealth of Kentucky to issue a proclamation during the month of May. The

proclamation wording developed by the IIA is to raise awareness of the value to the citizens

and government agencies of our state.

Keep up to date with our Chapter’s and other internal audit events on our Chapter’s website.

Joe Buckman

Date: Tuesday, April 12, 2016

Time: 11:30 am – 4:00 pm Topic: Forensic Accounting, Data Analytics Place: Lexmark Cost: $40 for Members - $50 for Non-Members – Use the PayPal link below the Meeting Calendar to pay in

advance. RSVP: Jessica.Levinson@tempursealy.com (by Friday, April 8th, 2016)

2015 – 2016 Chapter Officers

President Joe Buckman Lexmark International jbuckman@lexmark.com Executive VP Amy Brusaw Lexmark International abrusaw@lexmark.com Treasurer Chris Darmand Lexmark International chrisd@lexmark.com Secretary Jeremy Wright Creative Lodging Solutions jeremy.wright@yourcls.com

IIA Central Kentucky Chapter

Audit Trails

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2015 – 2016 Issue 08 March 2016

Meeting Calendar Date Speaker(s) Topic(s) CPE (est.)

April 12, 2016 Nick Lynch, Assoc. Director of Business Consulting Services, Dean Dorton Stephen Fuller, Senior Consultant, Wolters Kluwer

Forensic Accounting Data Analytics

4.0

May 10, 2016 TBD TBD TBD

To pay in advance via PayPal click the following link: https://chapters.theiia.org/central-kentucky/Events/Pages/CKIIA%20Catalog%20for%20PayPal%202014-15.htm * - Registration and Cancellation Policy: To cover meeting costs including meals, the CKIIA Board has approved a two business day cancellation policy for meetings. For example, for a Tuesday meeting starting at 11:30 AM, the cancellation must be received by 11:30 AM the Friday prior to the meeting. If the cancellation is not received by that date, the registrant is responsible for and will be billed for the meeting fee unless another individual from the registrant's organization attends in the registrant's place.

Central Kentucky Chapter News CKIIA Website Add the CKIIA website to your favorites. https://chapters.theiia.org/central-kentucky/Pages/default.aspx.

Certification News None Reported

Note: Due technical issues experienced this year in the generation of the report for newly certified chapter members, there may have been

newly certified members left out in Newsletters. Please reach out to one of the officers noted above if you believe your recognition has not

been made. It is important to us to make sure that each member is recognized for this wonderful professional achievement!

Membership Anniversaries March Urton Anderson – 35 years Ralph Kimbrough – 21 years Greg Peebles – 18 years Jeremy Clark – 12 years Chris Ensslin – 11 years Catharine Miller – 7 years Stacey Myers-Wilson – 6 years Nathan Van Sickel – 4 years Lauren Edelen – 2 years Jessica Levinson – 2 years Rachel Brueggen – 1 year Daniel Friedman – 1 year Sanjeeva Herath – 1 year Johnene Holbrook – 1 year Micah Sevy – 1 year

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2015 – 2016 Issue 08 March 2016

Job Postings Information The Central Kentucky Chapter of The Institute of Internal Auditors offers a job posting section on our website and in our newsletter for organizations in our area with chapter members. The price is $50 for 3 months. This includes the posting of the employer's ad on the CKIIA website and a publication of the job summary in our Newsletter. Please submit the ad to the Chapter Secretary and newsletter editor, Jeremy Wright at jeremy.wright@yourcls.com.

IIA News The New IPPF The link below is for The Framework for Internal Audit Effectiveness: The New IPPF. https://global.theiia.org/standards-guidance/Pages/New-IPPF.aspx

New Course to Complement COSO’s Updated Framework COSO has updated its Internal Control–Integrated Framework: 2013 (Framework). As one of the sponsoring organizations of COSO, The IIA is developing resources, tools, and training to help its members with implementation. Locations and dates of these seminars can be found here: http://www.theiia.org/goto/COSO-course. The IIA has also established The IIA COSO Resource Exchange at the following link: https://global.theiia.org/standards-guidance/topics/Pages/COSO-Resource-Center.aspx

IIA Seminars Click on the location and dates to open the link to the website for more details.

Las Vegas, NV - April 6-7, 2016 April 6-7, 2016

Financial Auditing for Internal Auditors

Enterprise Risk Management: Elements of the Process April 6-8, 2016

COSO Internal Control Certificate New York, NY - April 12-15, 2016 April 12–13, 2016

Critical Thinking for Internal Auditors Operational Auditing: Influencing Positive Change April 12–14, 2016

COSO Internal Control Certificate April 12–15, 2016

Auditor-in-charge Tools and Techniques Beginning Auditor Tools and Techniques Leadership Skills for Auditors April 14–15, 2016

The Effective Auditor: Understanding and Applying Emotional Intelligence Risk Management Assurance: Developing Your Internal Audit Strategy Risk Based Auditing: A Value Add Proposition

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2015 – 2016 Issue 08 March 2016

Latest Updates from the IIA’s Standards and Guidance Implementation Guides NEW! Implementation Guide 1000: Purpose, Authority and Responsibility, July 2015 NEW! Implementation Guide 2110: Governance, July 2015 Practice Guides NEW! Internal Audit and the Second Line of Defense, January 2016 NEW! Talent Management, December 2015

Latest News

29-March-2016 My Commitment to Excellence—Meet George Hendrix, CIA, CFSA, CCSA, CRMA, CPA

28-March-2016 Blog: Five Attributes of Extraordinary Audit Committee Chairs

28-March-2016 Online Training Helps Auditors Identify Performance Problems

21-March-2016 Blog: When Boards Are Absent on CAE Pay, Reporting Relationships Are Window Dressing

17-March-2016 CFSA Job Analysis Survey Extended Through March 31

17-March-2016 Webinar Explores Effects of Consumer Protection and Compliance Government

16-March-2016 Mort Dittenhofer's Legacy as Educator and Advocate Influenced Many

14-March-2016 Blog: Internal Audit's Relationship With Management Can Say a Lot About Organizational Culture

09-March-2016 Data Analytics and the Future of Internal Audit

08-March-2016 IIA Honors Noted Audit Leaders

08-March-2016 Fulfilling Internal Audits Promise

07-March-2016 Blog: Too Many Boards Sit on Their Hands as CAEs Are Hired and Fired

07-March-2016 Invest in Yourself—CFSA Spotlight: Chris Freiermuth

04-March-2016 CBOK Stakeholder Survey Offers Promising News

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2015 – 2016 Issue 08 March 2016

IIA Guidance Webinars

The IIA offers professional development and continuing professional education (CPE) opportunities through complimentary webinars that cover recent guidance releases. These webinars are presented by the authors to assist members with implementation and answer questions.

Please check the webinar calendar for the latest information. On-demand 24/7 Webinar Playback

One benefit of being an IIA member is having access to our extensive library of archived webinars. NOTE: On-demand webinars do not qualify for NASBA CPEs.

Upcoming Members-Only Webinars The IIA's complimentary Members-only Webinar Series is available exclusively to you as part of your membership investment. These monthly educational webinars are developed specifically with IIA members in mind.

19-April-2016 Members-only Webinar: Pulse of Internal Audit

17-May-2016 Members-only Webinar: Preparing for a Successful External Quality Assessment

21-June-2016 Members-only Webinar: The Uncharted Territory of Auditing an Organization’s Culture

12-July-2016 Members-only Webinar: Maximizing the Value of the “Three Lines of Defense”

16-August-2016 Members-only Webinar: Data Analytics – Maximizing Value for Internal Audit

20-September-2016 Members-only Webinar: Technology Champions: Key Enablers for Internal Audit

18-October-2016 Members-only Webinar: Leveraging Data to Manage Your Fraud Risk

15-November-2016 Members-only Webinar: Auditing at the Speed of Risk

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2015 – 2016 Issue 08 March 2016

Audit Executive Center

The IIA's Audit Executive Center is the essential resource to empower chief audit executives to be more successful. The Center's suite of information, products, and services will enable you to respond to the unique challenges and emerging risks of the profession. (http://www.theiia.org/cae/) CAE Bulletin CAE Bulletin is a twice-monthly newsletter that will alert you to the latest news, guidance, and information to help you be as effective as possible in your position as chief audit executive. The CAE Bulletin, part of the benefit of being a member of the Audit Executive Center, is designed to help you respond to today’s business challenges and opportunities. Learn more about Audit Executive Center membership. (http://www.theiia.org/cae/) Tone at the Top The IIA's Tone at the Top e-mail newsletter provides executive management, boards of directors, and audit committees with concise, leading-edge information on such issues as risk, internal control, governance, ethics, and the changing role of internal auditing; and guidance relative to their roles in, and responsibilities for the internal audit process. (https://na.theiia.org/periodicals/Pages/Tone-at-the-Top.aspx)

Other Opportunities for Continuing Education Meeting Calendar for the Louisville IIA Chapter https://chapters.theiia.org/louisville/Events/Pages/default.aspx

Date Time Topic CPE (est.)

April 12, 2016 12:00pm Insider Threats 1 April 28, 2016 3:00pm Ethics 2 May 10, 2016 12:00pm TBD 1 May 26, 2016 3:00pm The IT Project Implementation – Internal Audit’s Involvement 2

Meeting Calendar for the Bluegrass IMA http://bluegrass.imanet.org/

Date Time Topic CPE (est.)

April 15, 2016 6:00pm Excel & Keeneland TBD April 21, 2016 6:00pm UK Athletics Operations TBD

Meeting Calendar for the Bluegrass IIBA http://bluegrassiiba.com/

Date Time Topic CPE (est.)

April 20, 2016 6:30pm Creating and Using a Career Coverage Matrix TBD

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2015 – 2016 Issue 08 March 2016

Indianapolis IIA Presents: Invest in Yourself with Larry Harrington on April 14, 2016

Registration for IIA–Indianapolis Chapter’s Invest In Yourself: Larry Harrington event, scheduled for 8:30 am on 04/14/2016, is now open. Click here to register: http://www.etouches.com/169502. Location: BMO Bank Tower - Downtown, 135 N. Pennsylvania Ave, Indianapolis, IN, 46204 Time(s): 8:30 am - 12:00 pm Speaker(s):

Larry Harrington, President of the North American Board Panel of Local Experts (More information coming later)

Learning objectives: Invest in Yourself

o Review the importance of investing in oneself professionally from the perspective of: demands on the Internal Audit profession today and in the future the internal audit challenge the 10 imperatives for Internal Audit agenda for developing a self-employed attitude

Three Lines of Defense - Roundtable - Interactive Panel Discussion

Instructional delivery method: Live

Field of Study: Internal Audit

CPE credit(s): 3.0 hour(s)

Advanced preparation: None required

Program level: Basic

Program description: You are cordially invited to join the Indianapolis Chapter in welcoming the IIA Global Chairman of the Board, Larry Harrington, VP Internal Audit, Raytheon Corporation. You won’t want to miss out on this opportunity to network and learn more about the IIA Global Chairman’s theme of the year, “Turning Vision into Action: Invest in Yourself”. The theme is based on the Chairman’s belief in continuous education and investment in oneself to properly grow your auditing, business, risk management and soft skills to keep up with a world evolving at lightning speed. “There is no better ROI than the investment you make in yourself.” Once Larry's presentation has completed (approximately 1 hr), we will take a quick break, and then we will conduct a roundtable discussion regarding the Three Lines of Defense. This will be an interactive discussion with a panel and the chapter regarding the challenges faced through 'heightened expectations' and the opportunities for internal audit's integration with the first and second lines.

Course registration requirements: To register for this event, click here: http://www.etouches.com/169502.

Agenda: 8:00-8:30 Registration & Continental Breakfast 8:30 - 9:30 Invest in Yourself - Larry Harrington 9:30-9:45 Break 9:45-11:00 Three Lines of Defense Roundtable - Panel Discussion

Refund, complaint, and cancellation policy: Requests for cancellations/refunds must be received 5 business day

prior to the event. In the event a cancellation is not received within 5 business days, the chapter will not refund

registration fees. Substitute attendees are permitted in the event a registrant cannot attend. For all credit card

payments, refunds are net of PayPal and credit card transaction fees (approx. 3.5%).

If you have any questions, please feel free to reply to this email or contact Adam Still at astill@blueandco.com or Eric

Vyversberg at eric.vyverberg@protiviti.com.

Sincerely, The Institute of Internal Auditors Indianapolis Chapter Leaders

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2015 – 2016 Issue 08 March 2016

IIA Certifications Certified Internal Auditor (CIA) Register Now: http://www.theiia.org/certification/certified-internal-auditor/

Certification in Control Self-Assessment (CCSA) Register Now: http://www.theiia.org/certification/specialty-certifications/ccsa/

Certified Financial Services Auditor (CFSA) Register Now: http://www.theiia.org/certification/specialty-certifications/cfsa/

Certified Government Auditing Professional (CGAP) Register Now: http://www.theiia.org/certification/specialty-certifications/cgap/

The IIA's CIA Learning System is a comprehensive training course designed to provide chapters, members, and the audit community of professionals with information and tools to master the global CIA exam syllabus. This premier quality program is aligned with the International Professional Practices Framework (IPPF) to ensure you stay current with the global internal auditing profession and are ready for the CIA exam. It combines printed text with online testing tools and online questions.

Take advantage of the best prep materials out there by ordering yours today! Web: https://na.theiia.org/training/Pages/CIA-Learning-System.aspx

The IIA Research Foundation Understanding, Shaping, Advancing The Institute of Internal Auditors Research Foundation was founded in 1976 by The Institute of Internal Auditors. For more than 30 years, the Foundation has consistently set the standard for professional achievement in the internal auditing profession. http://www.theiia.org/go?to=chapteroutreachIIARF

The IIA Research Foundation (IIARF) has just released its 2016 research priorities. There are four priority topics for 2016: 1. Approaches to Continuous Monitoring and Continuous Auditing 2. Internal Auditing of Anti-corruption Programs 3. Providing Assurance over Strategic Planning and Execution 4. International Professional Practices Framework (IPPF) Principles

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2015 – 2016 Issue 08 March 2016

GLEIM – IIA Chapter Payback Program Your Central Kentucky IIA Chapter has partnered with Gleim Publications to ensure your success on the CIA exam! Working together, we will provide you the necessary study tools to prepare for this difficult exam.

Gleim provides an extensive self-study course for the CIA exam. Our most successful candidates use the Gleim CIA Review System with Gleim Online. This system combines Review Books, Test Prep software, Test Prep for Windows Mobile, audio reviews, Gleim Online and a Personal Counselor (a real live person!) to maximize your available study time. Because Gleim identifies and focuses on your weak areas, you will not spend any more time preparing than is necessary to guarantee success. The CMA Review System with Gleim Online GUARANTEES that you will pass each exam part the first time. We are here to save you time and money.

As a member of our chapter, you are eligible for a 20% discount on Gleim CIA Review materials. In addition, the Chapter will receive 20% of your Gleim CPE purchase. To take advantage of the reduced prices, please contact our chapter representative, Melissa Leonard:

Contact phone: (800) 874-5346, Ext. 131 Email: melissa.leonard@gleim.com Fax: (888) 375-6940, Attn: Melissa Leonard

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