2015 – 2016 Issue 07 February 2016

Upcoming Chapter Events

President’s Message Our all-day seminar on March 22nd, the 4th Tuesday of the month, is Critical Thinking: An

Essential Skill for Internal Auditor Success presented by Phil Flora. Phil is a professional

speaker who has presented a variety of topics to the IIA and chapters. The all-day seminar

offering 8 CPE hours is $160 for members and $210 for non-members. You can register and

pay now by going to our website. The location is Malone’s Banquets which is above Sal’s

Chophouse on Tates Creek in Lexington. Registration and the continental breakfast begins at

8am. A menu of several entrees will be available in the morning to order lunch. The afternoon

ends by 4:30 and includes a break. This is a great bargain at $20 per CPE with a great speaker

at a nice location and fine food - no travel costs. See attached flyer.

We need to hold an election of officers and board members in March so plans can be made for

the leadership conference. The Board has in the past sent and paid the airfare, hotel, and

other travel expenses for two officers to the IIA’s leadership conference at Walt Disney World’s

Yacht & Beach Club Resorts. The conference will be April 24–26, 2016.

The IIA is quite experienced and has developed practices and tools to make the running a

chapter manageable. Our Board including officers is a great source of advice and oversight.

Over the years our Chapter has been well managed and is financially sound, so I believe our

success will continue for the foreseeable future.

If you have been considering serving your profession and enhancing your professional

experience, now is the perfect time. I would encourage you to consider being an officer or a

board member. Please contact me if you would like to know more about the officers or board

roles.

I hope you come to our events and get an early start on your CPE for 2016. Thanks for supporting your Chapter.

Joe Buckman

Date: Tuesday, March 22, 2016

Time: 8:30 am – 4:30 pm (Registration 8:00 am) Topic: Critical Thinking: An Essential Skill for Internal Auditor Success Place: Malone’s Banquets (above Sal’s Chophouse), 3373 Tates Creek Road, Lexington, KY Cost: $160 for Members - $210 for Non-Members – Use the PayPal link below the Meeting Calendar to pay

in advance. RSVP: Jessica.Levinson@tempursealy.com (by Friday, March 18th, 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 07 February 2016

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

March 22, 2016 Philip E. Flora, CIA, CISA, CFE, CCSA IIA Training Consultant

Critical Thinking: An Essential Skill for Internal Auditor Success

8.0

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

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 February Donna M. Krall – 16 years Lisa F. Greenwell – 9 years Julie Lewis Skeeters – 9 years Tony Hutchins – 4 years Anna McIlvoy – 2 years Adeola Davis – 1 year Troy M. Hager – 1 year Cassie Steuber – 1 year Hunter M. Stout – 1 year

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. 2

2015 – 2016 Issue 07 February 2016

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 07 February 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-February-2016 Proposed Internal Audit Standards Changes Unveiled

29-February-2016 Blog: To Be "Agents of Change," Internal Auditors Must Embrace Change

26-February-2016 New CBOK Report Offers Strategies to Strengthen Audit Committee Relationships

22-February-2016 New Tone at the Top – More Than Just Setting the Tone: A Look at Organizational Culture

22-February-2016 Blog: Five Powerful Statistics About Internal Audit From CBOK 2015

22-February-2016 Agenda Week Article Focuses on Internal Audit’s Expanding Responsibilities

18-February-2016 Final Call for 2016 IIA Award Nominations

18-February-2016 Chairman’s Update: Invest in Yourself

17-February-2016 New Global Perspectives and Insights Focuses on Auditing Culture

15-February-2016 CFSA Job Analysis Survey is Now Open

15-February-2016 Blog: Is Disruptive Innovation an "Uber" Risk for Internal Audit?

15-February-2016 2016 North American Pulse of Internal Audit Released

12-February-2016 New IIARF Bookstore Release Provides Reference Tools for Updating Internal Audit Resources

08-February-2016 Blog: Proposed Changes to IIA Standards Will Raise the Bar Again

02-February-2016 Be Your Own Agent. Meet Michael Easterday, CIA, CRMA

01-February-2016 IIA Response Letter to INTOSAI ISSAI 30 Code of Ethics

01-February-2016 Internal Auditor Scholarships Announced

01-February-2016 Blog: "Risk, No Action" Doesn't Justify "Risk, No Audit"

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2015 – 2016 Issue 07 February 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.

10-March-2016 Environmental, Health and Safety (EHS) Auditing

15-March-2016 Members-only Webinar: Auditing Cybersecurity in an Unsecure World

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 07 February 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.)

March 8, 2016 12:00pm How Auditing Can Add Value by Improving the Process 1 April 12, 2016 12:00pm TBD 1 April 26, 2016 3:00pm – 5:00pm Ethics 2 May 10, 2016 12:00pm TBD 1

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

Date Time Topic CPE (est.)

March 17, 2016 6:00pm Forensic Accounting TBD 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.)

March 16, 2016 6:30pm 7 Habits of Highly Effective Business Analysts TBD April 20, 2016 6:30pm Creating and Using a Career Coverage Matrix TBD

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2015 – 2016 Issue 07 February 2016

Please see below for details on the IIA’s Seminar in New Orleans, LA March 15-18, 2016

Top Internal Audit courses offered in New Orleans

Developed and facilitated by seasoned internal audit professionals, IIA Seminars courses will provide you with the skills you need

to drive results:

When: March 15-18

Where: New Horizons Computer Learning Centers, Metairie

For more information and registration on the courses offered, click on course name below. To register, look for the Los Angeles

listing on the right side of the Course Description page and click on Register.

NEW! Enterprise Risk Management: Elements of the Process

Learn the fundamental concepts necessary to understand ERM, and acquire knowledge of the evolutionary and fluid process of developing, implementing, and evaluating it.

NEW! Logging In: Auditing Cybersecurity in an Unsecure World

Develop an understanding of cybersecurity concepts that can be used to facilitate integrated audit efforts within your organization.

Leadership Skills for Auditors

Learn tools and techniques for cultivating and maintaining an effective and efficient team, keeping them motivated and progressive through the entire audit process.

Beginning Auditor Tools and Techniques

New auditors and non-auditors with internal control responsibilities can learn the ins-and-outs of an audit from beginning to end.

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2015 – 2016 Issue 07 February 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 07 February 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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