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<title>IIA News Feed</title><link>http://www.theiia.org/recent-iia-news/</link>
<description>Recent news from the Institure of Internal Auditors</description><language>en-us</language>
<pubDate>Fri, 03 Nov 2006 20:52:25 GMT</pubDate><lastBuildDate>Wed, 18 Aug 2010 14:03:19 GMT</lastBuildDate>
<item><title>Florida Magazine Association Honors Internal Auditor Magazine</title><link>http://www.theiia.org/recent-iia-news/?i=13750</link><description>

    
        
            
        
        
            
            NEED A HAND? The staff of Internal Auditor magazine sure did as they carried away 11 awards from the Charlie Awards Gala on August 13 following the Florida Magazine Association&amp;rsquo;s annual publishing conference in Orlando, Fla., USA (Pictured L-R: Shannon Steffee, Gretchen Gorfine, and Anne Millage.)
            
        
    


The Florida Magazine Association (FMA) has once again recognized Internal Auditor&amp;nbsp; magazine for its editorial and design excellence. Following its annual publishing conference in Orlando, the FMA honored the magazine with 11 awards during its Charlie Awards Gala on August 13.
&amp;ldquo;It was an outstanding night,&amp;rdquo; says Anne Millage, Internal Auditor editor-in-chief. &amp;ldquo;The magazine has a long history with the Charlie awards, and it&amp;rsquo;s great that the hard work of our staff, authors, designer, and illustrators continues to be appreciated and honored through the FMA.&amp;rdquo;
This year, Internal Auditor won the top honor in the Trade/Technical Category &amp;mdash; the &amp;ldquo;Charlie&amp;rdquo; award for Best Overall Magazine. Additionally, it was awarded:

    Best Editorial/Commentary/Opinion &amp;mdash; &amp;ldquo;A Collective Failure,&amp;rdquo; by Tom Palczewski (In My Opinion, June 2009), Charlie Award.
    Best Feature
    
        &amp;ldquo;A New Direction,&amp;rdquo; by Neil Baker (December 2009), Charlie Award.
        &amp;ldquo;Keeping Your Reputation Clean,&amp;rdquo; by Russell Jackson (June 2009), Silver Award.
    
    
    Best Written Magazine, Bronze Award&amp;nbsp;
    Best Illustration
    
        &amp;ldquo;Accounting for Words,&amp;rdquo; illustration by Richard Tuschman (August 2009), Charlie Award.
        &amp;ldquo;Keeping Your Reputation Clean,&amp;rdquo; illustration by Doug Ross (June 2009), Silver Award.
    
    
    Best Cover
    
        &amp;ldquo;Data Gathering,&amp;rdquo; illustration by Richard Tuschman (August 2009), Charlie Award.
        &amp;ldquo;A Seat at the Table,&amp;rdquo; illustration by Richard Tuschman (February 2010), Silver Award.
    
    
    Best Overall Design &amp;mdash; Yacinski Design, Charlie Award.
    Best Feature Design &amp;mdash; &amp;ldquo;The New Fraud Detectives,&amp;rdquo; illustrations by Mick Wiggins (October 2009), Silver Award.

Internal Auditor magazine is published in Altamonte Springs, Fla., USA by The Institute of Internal Auditors and is read by more than 86,000 people in 59 countries around the world. Its mission is to arm internal audit practitioners with the cutting-edge information and practices they need to do their jobs today and tomorrow. The editorial staff of Internal Auditor includes Editor-in-Chief Anne Millage; Managing Editor David Salierno; Senior Editor Tim McCollum; Associate Editor Shannon Steffee; Contributing Staff Writer Allison Cain; and Production Manager Gretchen Gorfine. Art direction is provided by Yacinski Design, LLC. Numerous IIA volunteers and internal audit practitioners provide editorial content.
Formed in 1954, FMA is the largest state magazine association in the nation, comprising more than 200 publishing professionals. This year&amp;rsquo;s Charlie Awards competition included 75 categories in the areas of general, editorial, design, and printing excellence. Judges included a &amp;ldquo;who&amp;rsquo;s who&amp;rdquo; of leading writers, editors, photographers, and designers from outside the state of Florida.</description><pubDate>Tue, 17 Aug 2010 23:30:00 GMT</pubDate></item>
<item><title>IIA Bids First Fellow Farewell </title><link>http://www.theiia.org/recent-iia-news/?i=13739</link><description>

    
        
            
        
        
            
            &amp;nbsp;The IIA&amp;rsquo;s first fellow, Derek Butler (pictured right), receives a plaque of recognition from IIA President and CEO Richard Chambers (left). A farewell celebration for Butler was held near IIA global headquarters in Altamonte Springs, Fla. On Thursday, August 12, 2010.
            
        
    


As IIA President and CEO Richard Chambers, CIA, CGAP, CCSA, said at the onset of The IIA&amp;rsquo;s new 
Fellowship Program,&amp;nbsp;&amp;nbsp;&amp;ldquo;There couldn&amp;rsquo;t be a bigger gesture of commitment to the profession 
than sharing your most valuable assets &amp;ndash; talent and knowledge.&amp;rdquo; Now, six months after his attestation to the value of giving back, Chambers and his staff are saying goodbye to The IIA&amp;rsquo;s first Fellow.&amp;nbsp;
Not only was it a great honor for Derek Butler to be awarded The IIA&amp;rsquo;s first fellowship, but he could hardly contain his excitement about the opportunity to &amp;ldquo;&amp;hellip;work and develop relationships with some of the brightest and well respected minds in the internal audit profession!&amp;rdquo; Derek came to IIA Global Headquarters ready to roll up his sleeves and dig in, and that&amp;rsquo;s exactly what he did. Among Derek&amp;rsquo;s goals during his tenure at The IIA was to devote attention to detail in pursuit of excellence. Looking back, it is clear that both details and excellence were prominent throughout his varied experiences and assignments.&amp;nbsp;
Chief Audit Executive Services Director Donna M. Batten, CIA, CPA, served as Derek&amp;rsquo;s supervisor. &amp;ldquo;Most important to me, Derek was an integral part of our Audit Executive Center project development team,&amp;rdquo; says Batten. &amp;ldquo;He served on our team throughout most of the development phase and assisted in every facet of business and program development.&amp;rdquo;&amp;nbsp;
But the Audit Executive Center was just one of many projects in which Derek played a valuable role and through which he gained invaluable experience. Batten reports that he also:

    Met more than 50 Fortune 250 chief audit executives.
    Attended and participated in The IIA&amp;rsquo;s GAM Conference, Leadership Conference, and International Conference.
    Assisted in running the promotional booth for the Audit Executive Center at all three conferences for networking and knowledge-sharing.
    Met and networked with IIA global volunteer leaders and IIA chapter leaders at special events.
    Participated in two meetings with visiting CAEs from Fortune 100 companies.
    Worked on and attended three Chief Audit Executive (CAE) Roundtables as a part of the Audit Executive Center, where he met 60 leading CAEs.
    Met with practice leaders from all professional service firms associated with The IIA.
    Authored the post-CAE roundtable &amp;ldquo;Flash Alert&amp;rdquo; in March 2010, CAEs Are Playing a Key Role in Helping Organizations Identify Fraud Risks.
    Participated in The IIA&amp;rsquo;s Instructor Development Course, which trains instructors for leading IIA seminars.
    Authored a comprehensive case study on continuous auditing.

&amp;nbsp;
Although everyone at Global Headquarters is sorry to see Derek&amp;rsquo;s fellowship end, he is quick to point out that this is just the beginning. &amp;ldquo;The past six months have been extraordinary, and I can&amp;rsquo;t thank you enough for the opportunity and experience,&amp;rdquo; he says. &amp;ldquo;But this is not the last you&amp;rsquo;ll see of me&amp;hellip; I look forward to working with my new IIA friends and colleagues for many years to come!&amp;rdquo;&amp;nbsp;
Good luck, Derek. We&amp;rsquo;re going to hold you to that promise!</description><pubDate>Thu, 12 Aug 2010 13:10:00 GMT</pubDate></item>
<item><title>Research Makes Internal Auditing a True Profession</title><link>http://www.theiia.org/recent-iia-news/?i=13738</link><description>Like those in any other true profession, internal audit practitioners must continually update their knowledge, skills, and competency to remain current and relevant. The IIA Research Foundation is a valuable resource for achieving your objectives.
&amp;nbsp;
The July edition of the&amp;nbsp;Research Foundation Report includes an article on how the The Internal Audit Capability Model (IA-CM) for the Public Sector is being adapted by CAEs in other industries as a powerful tool for developing an overall strategy for an internal audit activity, allowing CAEs to convey their vision to senior management and the audit committee. The newsletter also includes an article about an Esther R. Sawyer grant recipient who has continued to perform and support research seven years later.
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Read the July edition today and make a donation to help The Research Foundation achieve its goal of $310,000 in 2010.</description><pubDate>Wed, 11 Aug 2010 16:54:00 GMT</pubDate></item>
<item><title>August 24 Complimentary Members-only Webinar</title><link>http://www.theiia.org/recent-iia-news/?i=13432</link><description>As an IIA Member you have exclusive access to this complimentary Webinar as part of your membership investment.&amp;nbsp;This is one more way that IIA Membership Means More in 2010. 
The Institute of Internal Auditors (IIA) invites you to its next offering of the 2010 Members Only Webinar Series on Tuesday, August 24, 2010. This monthly complimentary series of educational webinars were designed with our Members in mind, and as a Member you have exclusive access to them as part of your membership investment. This is one more way that IIA Membership Means More in 2010. Here&amp;rsquo;s what you need to know:&amp;nbsp;


    
        
            
            Title:
            
            
            Measuring the Ethical Environment of Your Organization
            
        
        
            
            Presenter:
            
            
            Robert W. Rudloff, Jr., CIA 
            Vice President, Internal Audit 
            MGM Resorts International
            
        
        
            
            Date:
            
            
            Tuesday, August 24, 2010
            
        
        
            
            Time:
            
            
            1:00 &amp;ndash; 2:00 p.m. EDT
            
        
        
            
            Cost:
            
            
            FREE to IIA Members
            
        
        
            
            CPE:
            
            
            1 CPE* (NASBA Eligible - Live Event Only)
            
        
    


&amp;bull;&amp;nbsp;Hear about some of the ethical lapses that contributed to recent personal, business, and government failures. 
&amp;bull;&amp;nbsp;Explore the indicators of persons who behave ethically. 
&amp;bull;&amp;nbsp;Learn about areas of concern when evaluating future employees for your organization. 
&amp;bull;&amp;nbsp;Discover how to assess the ethical environment of your own organization
Click here for more information and to register</description><pubDate>Tue, 10 Aug 2010 16:18:00 GMT</pubDate></item>
<item><title>The IIA Introduces Value Proposition to Stakeholders </title><link>http://www.theiia.org/recent-iia-news/?i=13722</link><description>What should the governing bodies and senior management expect from internal auditing?
To help internal audit activities effectively communicate the value of their work to primary stakeholders &amp;ndash; such as audit committees, boards of directors, management, and audit clients &amp;ndash; The IIA has developed an easy-to-understand message tool. It&amp;rsquo;s memorable and adaptable. Click here to learn more.</description><pubDate>Wed, 04 Aug 2010 18:00:00 GMT</pubDate></item>
<item><title>New Issue of Tone at the Top: What GRC Could Mean to Your Organization</title><link>http://www.theiia.org/recent-iia-news/?i=13715</link><description>This edition of Tone at the Top explains the concepts and benefits of a &amp;ldquo;governance, risk and compliance&amp;rdquo; system that enables organizations to make risk-intelligent decisions. Read the new issue at http://www.theiia.org/periodicals/newsletters/tone-at-the-top
Tone at the Top provides executive management, boards of directors, and audit committees with concise, leading-edge information on such issues as ethics, internal control, governance, and the changing role of internal auditing; and guidance relative to their roles in, and responsibilities for, the internal audit function.&amp;nbsp;&amp;nbsp;
The full Tone at the Top archive also is available at http://www.theiia.org/periodicals/newsletters/tone-at-the-top/archives-by-date.&amp;nbsp;
Your colleagues and audit committee and board members are invited to receive complimentary subscriptions to Tone at the Top. Register online at http://www.theiia.org/periodicals/newsletters/tone-at-the-top/tone-at-the-top-subscription-main-page/</description><pubDate>Wed, 04 Aug 2010 15:00:00 GMT</pubDate></item>
<item><title>U.N. Appoints Former IIA Chairman as Director of Watchdog Group</title><link>http://www.theiia.org/recent-iia-news/?i=13668</link><description>Former IIA Chairman (1994-1995) Carman Lapointe, CIA, CCSA, CFE has been appointed under-secretary-general for Internal Oversight Services (OIOS) at the United Nations.

    
        
            
        
    

The United Nations issued a statement on behalf of Secretary-General Ban Ki-moon last week welcoming the General Assembly&amp;rsquo;s quick approval of his nominee to the challenging position. &amp;ldquo;Ms. Lapointe possesses the breadth and depth of experience and expertise required for this demanding position,&amp;rdquo; the statement reads. It goes on to point out that &amp;ldquo;transparency and accountability are essential to the work of the Organization, and OIOS is critical to advancing that effort. That is why the Secretary-General acted as quickly as possible to propose an experienced, high-profile and able successor to this important post.&amp;rdquo; Lapointe, a Canadian, will be expected to build up the OIOS team, filling vacancies and taking on responsibilities that have largely gone unmet in recent years. She brings much experience to the post, having formerly served as auditor general of the World Bank and most recently as the director of the Office of Audit and Oversight of the International Fund for Agricultural Development in Rome.
&amp;nbsp;
Beyond her IIA chairmanship in 1994, Lapointe has been an active volunteer leader of The Institute. She currently serves as The IIA&amp;rsquo;s representative to the International Federation of Accountants&amp;rsquo; Task Force revising auditing standard 610 on Using the Work of Internal Auditors. Most recently, she served on IIA committees to help develop a internal audit capability Model for the public sector and The IIA&amp;rsquo;s value proposition to internal audit stakeholders. And as a leader of The IIA&amp;rsquo;s professional issues committee in the early 90s, Lapointe was key contributor to The IIA&amp;rsquo;s role in helping develop COSO&amp;rsquo;s original Internal Control Integrated Framework. She also assisted in the development of the Certification in Control Self-Assessment. Lapointe has served on The IIA&amp;rsquo;s global advocacy committee, board of regents, Research Foundation board of trustees, and global and North American nominating committees</description><pubDate>Thu, 29 Jul 2010 20:47:00 GMT</pubDate></item>
<item><title>AGA Presents IIA President and CEO with Distinguished National Award</title><link>http://www.theiia.org/recent-iia-news/?i=13591</link><description>
    
        
            
        
    

IIA President and CEO Richard Chambers, CIA, CGAP, CCSA, CGFM was conferred the 2010 Frank Greathouse Distinguished Leadership Award from the Association of Government Accountants (AGA). The award is conferred upon individuals who have provided sustained, outstanding leadership in financial management in the public sector over a period of years, resulting in notable contributions to the government accounting profession. Before coming to the helm of The IIA, Chambers had a long career history working in the public sector, including as inspector general of the Tennessee Valley Authority, deputy inspector general of the U.S. Postal Service, and director of the U.S. Army Worldwide Internal Review Organization at the Pentagon. The award was presented Wednesday, July 14, 2010 at the AGA&amp;rsquo;s Professional Development Conference &amp;amp; Exposition at the Orlando World Center Marriott in Lake Buena Vista, Fla., USA.</description><pubDate>Wed, 14 Jul 2010 19:00:00 GMT</pubDate></item>
<item><title>New IIA Guidance Addresses IT Risks</title><link>http://www.theiia.org/recent-iia-news/?i=13464</link><description>GTAGs 14 and 15 tackle spreadsheets, databases, and information&amp;nbsp;security governance
The IIA is releasing two new issues of its ongoing Global Technology Audit Guide (GTAG) series &amp;ndash; both aimed at helping internal auditors and their management learn about and assess technology related risks.
Almost every organization uses some form of User Developed Applications (UDAs) such as spreadsheets and databases. They can be easily developed, cost effective to produce, and changed with relative ease.&amp;nbsp; However, risks such as data integrity, availability, and confidentiality can pose threats to an organization and internal auditors may consider auditing UDAs. New GTAG 14, Auditing User-developed Applications, explores, among other topics, how best to risk rate and scope a UDA audit. The 32-page GTAG also proffers a sample audit program, best practices for implementing controls over UDAs, and advice on how internal auditors can work in a consulting role to help management develop an effective UDA control framework
&amp;ldquo;In most organizations, selected staff members are permitted as a matter of business necessity to extract, manipulate, analyze, and report on enterprise data using spreadsheets, databases, or other user-developed applications (UDAs). This practice gives rise to risks concerning data integrity, availability, and confidentiality,&amp;rdquo; said IIA Director of Standards and Guidance Lisa Hirtzinger, CIA.
Standard 2110.A2 of The IIA&amp;rsquo;s International Standards for the Professional Practice of Internal Auditing requires the internal audit activity to assess whether the organization&amp;rsquo;s information systems sustains and supports agreed-upon strategies and objectives. New28-page GTAG 15, Information Security Governance (ISG), explores internal auditing&amp;rsquo;s roles in and responsibilities for overseeing IT security. It assists organizations in incorporating an audit of ISG into the audit plan, focusing on whether the organization&amp;rsquo;s ISG activity delivers the correct behaviors, practices, and execution of information services.
&amp;ldquo;IT failures, especially information security (IS) breaches, can place the organization at risk for reputation damage, diminished competitiveness, noncompliance with laws and regulations, and other adverse consequences,&amp;rdquo; added Hirtzinger. &amp;ldquo;These impacts should not be underestimated.&amp;rdquo;
GTAGs, which are written in straightforward business language to address timely issues in IT management, control, and security, are strongly recommended, but not mandatory, guidance under The IIA&amp;rsquo;s International Professional Practices Framework. They are available from The IIA at www.theiia.org/guidance/standards-and-guidance/ippf/practice-guides/gtag/.</description><pubDate>Fri, 25 Jun 2010 00:00:00 GMT</pubDate></item>
<item><title>IIA/MIS Cohost IT Audit &amp; Controls 2010</title><link>http://www.theiia.org/recent-iia-news/?i=13456</link><description>&amp;nbsp;The IIA and MIS Training Institute proudly present IT Audit &amp;amp; Controls 2010, being held in Orlando at the Hilton Disney World Resort on October 12 &amp;ndash; 14, 2010.

&amp;nbsp;Now more than ever, aligning IT audit with business risk is critical to IT audit&apos;s effectiveness. Without conveying clearly to management the bottom-line risks of practices, procedures and technologies, IT audit faces a future on the sidelines of the enterprise. At the same time, never has IT audit faced so many game-changing technologies &amp;ndash; from clouds to iPads, from Droids to virtual desktops. Increasing insider fraud, escalating regulatory requirements, and the rising number of external hacks compound to make the role of the IT auditor at best demanding, at times near impossible.&amp;nbsp; During this conference you will hear how world-class IT auditors are dealing with these challenges, and learn their hard-won insights into how to provide effective, risk-based coverage in these unprecedented times.
This event features 50 sessions. CLICK HERE to view the brand new 2010 agenda!

&amp;nbsp;
Attention IIA Members: Receive 10% off the main conference registration fee. Please note, the 10% discount only applies to the IT Audit &amp;amp; Control&amp;rsquo;s main conference. It can not be applied to add-on workshops, or used on previous registrations. Registrations are now being accepted. For the lowest registration rates, you must register early! Your Registration Code is CONF30/IIA. CLICK HERE to register.
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<item><title>Attention Certified Internal Auditors (CIAs)! </title><link>http://www.theiia.org/recent-iia-news/?i=13449</link><description>Attention Certified Internal Auditors (CIAs)!&amp;nbsp;
And CCSAs, CFSAs, and CGAPs
The deadline to report continuing professional education (CPE) credits for the 2010 reporting year has passed. CIAs are required to report 80 hours of CPE every two years, and your reporting year is based on the last digit of your IIA member/customer ID number. Members/customers whose ID ends in an even number were required to report by May 31, 2010. ID numbers that end in an odd number must report by May 31, 2011.
To reinstate your active status of your IIA certification, please visit www.theiia.org/Certification and click on &amp;ldquo;Report Continuing Professional Education&amp;rdquo; to access the CPE Reporting form. IIA Members MUST login to the Web site BEFORE accessing the form to save US $50.</description><pubDate>Tue, 22 Jun 2010 23:00:00 GMT</pubDate></item>
<item><title>COSO Seeks Participation in Three Important Surveys About ERM and Controls</title><link>http://www.theiia.org/recent-iia-news/?i=13414</link><description>As part of COSO&apos;s ongoing efforts to seek input from its stakeholders, it is currently seeking participation in the folllowing surveys dealing with the ERM, Internal Control and governance environments:&amp;nbsp;&amp;nbsp;&amp;nbsp; More...
</description><pubDate>Tue, 15 Jun 2010 19:30:00 GMT</pubDate></item>
<item><title>2009 Annual Report Posted - &quot;Refocusing on Opportunity&quot;</title><link>http://www.theiia.org/recent-iia-news/?i=13403</link><description>Click here for The IIA 2009 Report Posted&amp;nbsp;</description><pubDate>Thu, 10 Jun 2010 14:05:00 GMT</pubDate></item>
<item><title>IIA Introduces New Global Leaders</title><link>http://www.theiia.org/recent-iia-news/?i=13378</link><description>&amp;nbsp;New BOD to Oversee Internal Audit Profession&amp;nbsp;&amp;nbsp; 

The Institute of Internal Auditors (IIA) announces the global professional association&amp;rsquo;s 2010-2011 Board of Directors officers and executive committee. The election took place at The IIA&amp;rsquo;s Annual Business Meeting today, June 9, in Atlanta, Ga., USA, immediately after its annual international conference, where more than 2,000 internal auditors gathered for global networking and professional development.
Chairman of the Board&amp;nbsp;
G&amp;uuml;nther Meggeneder, CIA, is chief audit executive (CAE) at ista International in Essen, Germany. As chairman, he will share IIA spokesperson duties with IIA President and CEO Richard Chambers, CIA. Meggeneder will work to foster positive, mutually beneficial relationships between The IIA and other professional organizations. He will also be responsible for presiding at all meetings and appointing all committee chairmen and committee members, ad hoc committees, task forces, and work groups of The Institute. To learn about his plans for the upcoming year, view his video, &amp;ldquo;Shape the Future,&amp;rdquo; at http://www.theiia.org/theiia/about-the-institute/chairmans-video-2010/.&amp;nbsp;&amp;nbsp;
Senior Vice Chairman&amp;nbsp;
Dennis K. Beran, CIA, CCSA, senior vice president and director of audit at JCPenney, Inc., headquartered in Dallas, Texas, USA, is the senior vice chairman of the board. In the absence or disability of the chairman, Beran will perform the duties of chairman. He will be responsible for working with all of the vice chairmen to facilitate communication and coordination among IIA committees to drive the organization&apos;s strategic objectives. Beran will be eligible for election as chairman at The IIA&amp;rsquo;s next Annual Meeting, which will take place in Kuala Lumpur, Malaysia, in July 2011.&amp;nbsp;&amp;nbsp;
Vice Chairman &amp;ndash; Professional Development&amp;nbsp;&amp;nbsp;
Paul J. Sobel, CIA, vice president of internal audit at Mirant Corporation, Atlanta, Georgia, USA, has been elected vice chairman of the board &amp;ndash; professional development. Sobel will supervise and coordinate the activities of all professional development committees that ensure timely and relevant professional development opportunities are available to the internal audit profession.&amp;nbsp;
Vice Chairman &amp;ndash; Professional Practices&amp;nbsp;&amp;nbsp;
Philip D. Tarling, MIIA, International Projects Director, RSM Tenon, Fareham, United Kingdom, has been elected vice chairman of the board &amp;ndash; professional practices. Tarling will oversee and coordinate the activities of the professional practices committee to develop guidance and issue position papers on topics directly or indirectly affecting the internal audit profession.&amp;nbsp;
Vice Chairman &amp;ndash; Professional Services&amp;nbsp;&amp;nbsp;
Michael J. A. Parkinson, CIA,director at KPMG, Canberra, Australia,&amp;nbsp;
has been elected vice chairman of the board &amp;ndash; professional services. Parkinson will supervise and coordinate the activities of the professional services committee to ensure The IIA provides the most relevant and comprehensive benefits possible to its membership.&amp;nbsp;
Vice Chairman &amp;ndash; Research&amp;nbsp;&amp;nbsp;
Patricia E. Scipio, CIA, director at PricewaterhouseCoopers, Baltimore, Maryland, USA,is the vice chairman of the board &amp;ndash; research. She also will serve as president of The IIA Research Foundation, providing strategic direction for research on the internal audit profession.&amp;nbsp;&amp;nbsp;
Treasurer&amp;nbsp; 
Oswaldo Basile, CIA, CCSA, executive director at Trusty Consultories in Sao Paulo, Brazil, has been elected treasurer of The IIA&amp;rsquo;s Board of Directors. Basile will oversee the establishment and maintenance of adequate controls for safeguarding the funds of The Institute.&amp;nbsp;
Secretary&amp;nbsp;&amp;nbsp;
Fatimah Abu Bakar, CIA, CCSA,executive director, Columbus Advisory Sdn Bhd, Kuala Lumpur, Malaysia,has been elected secretary of The IIA&amp;rsquo;s Board of Directors. She will be responsible for notifying The IIA&amp;rsquo;s Board of Directors of meetings, and informing members of The Institute about general membership meetings. Additionally, she will be responsible for keeping records of all meetings and ensuring that both board and IIA members have ready access to all records.&amp;nbsp;&amp;nbsp;
All officers will serve in their position for a one-year term. A full list of The IIA board of directors is available at: http://www.theiia.org/theiia/iia-leadership/.&amp;nbsp;&amp;nbsp;
&amp;ldquo;I can&amp;rsquo;t think of any aspect of association management that is more critical that those relied upon for effective leadership, oversight, and governance,&amp;rdquo; says IIA President and CEO Richard Chambers, CIA, CGAP, CCSA. &amp;ldquo;The Institute of Internal Auditors and its more than 170,000 members are very fortunate to have such visionary and competent leaders to help guide our work over the coming year.&amp;rdquo;</description><pubDate>Wed, 09 Jun 2010 20:00:00 GMT</pubDate></item>
<item><title>IIA Honors Profession&apos;s Highest Achievers</title><link>http://www.theiia.org/recent-iia-news/?i=13384</link><description>Each year, The Institute of Internal Auditors (IIA) recognizes select professionals around the world for their significant contributions to the internal audit profession. The 2010 awards were presented at The IIA&apos;s International Conference in Atlanta, June 6-9.
&amp;quot;Both The IIA and the internal audit profession have significantly advanced due to the tireless efforts and passion of countless dedicated professionals around the world,&amp;quot; said IIA 2009-2010 Chairman of the Board Rod Winters, CIA. &amp;quot;It is a great privilege to single out some of the past year&amp;rsquo;s most notable achievements.&amp;quot;
Bradford Cadmus Memorial Award&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 
Created in memory of The IIA&amp;rsquo;s first managing director, this award recognizes outstanding accomplishments that contribute to the advancement of the global internal audit profession. The 2010 award recipient is Auditor General of Mexico Juan Manuel Portal Martinez, CIA. A few examples of this exemplary internal audit advocate&amp;rsquo;s contribution include participation in the founding of IIA-Mexico in 1984, the establishment of 625 internal audit departments in Mexico&amp;rsquo;s government sector, overseeing the creation of the Latin American Federation of Internal Auditors (FLAI), and organizing the first Latin American Congress of Internal Auditing.
Victor Z. Brink Award for Distinguished Service&amp;nbsp;&amp;nbsp;
Named after one of the founding members of The IIA, this prestigious awards recognizes an IIA member who has made extraordinary global contributions to the internal audit profession through consistent and exemplary IIA involvement and service. This year&amp;rsquo;s award honors Betty McPhilimy, CIA, associate vice president for Northwestern University&amp;rsquo;s office for audit and advisory service. Her 29 years of participation in The IIA include continuous local involvement in the IIA-Chicago Chapter and working on numerous international committees and task forces, including Membership, Media-assisted Training, International Conference, Volunteer Structure Task Force, Governance Task Force, Global Nominating, Advocacy Advisory Group, and The IIA Research Foundation Board of Research Advisors. She was cochairman of the 1992 IIA International Conference in Chicago, chaired the International Conference Committee 1996-1999, and served as 2004-2005 chairman of The IIA&amp;rsquo;s Board of Directors.
William S. Smith Awards&amp;nbsp;&amp;nbsp;
Two awards are named in memory of William S. Smith, The IIA&apos;s first chairman of the Board of Regents and the driving force behind the development of the Certified Internal Auditor (CIA) program. Oscar Moreno Palmero, CIA, of Madrid, Spain, received the Gold Medal for earning the year&amp;rsquo;s highest score on the CIA exam. A graduate of ICADE (the business, economics, and law school at Comillas Pontifical University) in Madrid, Palmero is an internal auditor at Banco Bilbao Vizcaya Argentaria (BBVA). The second Smith Award &amp;ndash; the Student Highest Achievement Award &amp;ndash; went to Steve Pebley, CIA, the student candidate with the highest CIA exam score during the 2009-2010 timeframe. A graduate of the University of Maryland, Smith School of Business, Pebley is a strategic communications and planning officer at the Army Installation Management Command in Alexandria, Va.
John B. Thurston Award for Literary Excellence 
This literary award is presented to author(s) of the most outstanding article published by Internal Auditor magazine from Jan. through Dec. of the prior year. The winning article &amp;ndash; &amp;ldquo;6 Cultural Pillars of Successful Audit Departments&amp;rdquo; &amp;ndash; focused on the importance of trust, emotional intelligence, performance, courage, support, and shared learning, and appeared in the April 2009 issue. It was written by Bruce Adamec, CIA, CPA, vice president of audit services at Officemax Inc.; Linda M. Leinicke, PhD, CPA, professor of accounting at Illinois State University; and Joyce A. Ostrosky, PhD, CPA, professor of accounting at Illinois State University.&amp;nbsp;
Ted Keys Award&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 
This award - named in honor of the late Elmer Theodore Keys Jr., a long-time regular writer for an Internal Auditor magazine department - is presented each year for the most outstanding article submitted to one of the magazine&amp;rsquo;s departments. The winning article, &amp;ldquo;The New Age of Virtualization,&amp;rdquo; appeared in ITAudit in the December 2009 issue of Internal Auditor. The article, which focuses on minimizing the risks inherent in using virtual machines, was written by Lorraine S. Lee, PhD, associate professor of accountancy at the University of North Carolina at Wilmington&apos;s Cameron School of Business; and Rebecca Sawyer, CPA, associate professor of accountancy at the University of North Carolina at Wilmington&apos;s Cameron School of Business.&amp;nbsp;
Esther R. Sawyer Research Award 
This award recognizes an internal audit student or graduate from an Internal Auditing Education Partnership school, based on the submission of an original manuscript on a topic related to modern internal auditing. This year&amp;rsquo;s winner is Richard Millichip, a compliance analyst in the business assurance function of a financial services institution. He is working toward an audit management qualification at Birmingham City University in the United Kingdom. His submission, &amp;ldquo;Internal Auditing: A New Direction in the Wake of the Financial Crisis,&amp;rdquo; examines some of the financial, economic, and societal factors precipitating the crisis, identifies the underlying governance failures, outlines key lessons to be learned, and presents associated actions and opportunities for internal auditors in reinforcing corporate governance and risk management processes in their organizations.
NORTH AMERICAN AWARDS&amp;nbsp;&amp;nbsp;&amp;nbsp;
The following awards were presented during the North American Leadership Conference, held June 9-11, 2010.&amp;nbsp;
Donald E. Ricketts Chapter Research Award&amp;nbsp;&amp;nbsp;
This honor recognizes the IIA chapters submitting the best research projects during the year. This year&amp;rsquo;s first place winner is IIA-Austin Chapter for &amp;ldquo;Internal Audit&amp;rsquo;s Role in Promoting a Positive Tone at the Top.&amp;rdquo; The research project incorporates survey results on the roles internal auditors play in governance, performance, consulting, audit activity coordination, and control self-assessment; and includes two case studies. It delineates internal auditing&amp;rsquo;s constant, routine, and multiple lines of communication with the organization&amp;rsquo;s top management and the board as an important element in influencing the organization&amp;rsquo;s tone at the top.
Membership Awards&amp;nbsp;&amp;nbsp;
Presented to IIA chapters using the most innovative techniques to recruit and retain members. The 2010 winners are:
1st Place &amp;ndash; IIA-Charlotte Chapter
2nd Place &amp;ndash; IIA-North Central Florida Chapter
r3rd Place &amp;ndash; IIA-Northern Virginia Chapter
Honorable Mention &amp;ndash; IIA-New York Chapter
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<item><title>Download Now! New Practice Advisories and Practice Guides</title><link>http://www.theiia.org/recent-iia-news/?i=13240</link><description>The IIA&amp;rsquo;s Guidance team continues its prolific year with the release of seven practice advisories in May and three new practice guides in June.&amp;nbsp;Members, download them now!

    GTAG 15: Information Security Governance (June, 2010)
    GTAG 14: Auditing User-developed Applications (June, 2010)
    Practice Guide: CAEs -&amp;nbsp;Appointment, Performance Evaluation and Termination (May, 2010)
    Practice Advisory 2060-1: Reporting to Senior Management and the Board (May, 2010)
    Practice Advisory 2300-1: Use of Personal Information in Conducting Engagements (May, 2010)
    Practice Advisory 2320-1: Analytical Procedures (May, 2010)
    Practice Advisory 2330.A1-2: Granting Access to Engagement Records (May, 2010)
    Practice Advisory 2400-1: Legal Considerations in Communicating Results (May, 2010)
    Practice Advisory 2440-2: Communicating Sensitive Information Within and Outside the Chain of Command (May, 2010)

Read more new guidance at http://www.theiia.org/guidance/standards-and-guidance/.
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<item><title>Trilateral Agreement to Enhance Public Sector Internal Auditing in Russia</title><link>http://www.theiia.org/recent-iia-news/?i=13254</link><description>ALTAMONTE SPRINGS, Fla. &amp;ndash; The Institute of Internal Auditors, Inc. (IIA) &amp;ndash; the global leader of the internal audit profession &amp;ndash; entered into a &amp;ldquo;Memorandum of Understanding&amp;rdquo; with The Accounts Chamber of the Russian Federation and IIA-Russia to foster the development of professional internal auditing throughout Russia&amp;rsquo;s public sector. IIA President Richard F. Chambers, CIA, visited Russia this week to consummate the agreement among the three entities. Learn more</description><pubDate>Wed, 26 May 2010 13:50:00 GMT</pubDate></item>
<item><title>COSO Releases Fraud Study Results</title><link>http://www.theiia.org/recent-iia-news/?i=13213</link><description>Click here for the Fraud Study Results</description><pubDate>Fri, 21 May 2010 19:45:00 GMT</pubDate></item>
<item><title>Bookstore Product Proposals Due June 30</title><link>http://www.theiia.org/recent-iia-news/?i=13201</link><description>The IIA Research Foundation&amp;nbsp;has published new Requests for Proposal for&amp;nbsp;IIARF Bookstore products.&amp;nbsp;We are seeking authors to share their ideas and practical experiences in internal auditing related to: enterprise risk management, assessing risk, continuous auditing,&amp;nbsp;and the mergers and acquisitions process.&amp;nbsp;Click here to learn more. Proposals are due June 30.</description><pubDate>Thu, 20 May 2010 19:19:00 GMT</pubDate></item>
<item><title>Where in the world are internal auditors? Participate in our interactive online photo campaign</title><link>http://www.theiia.org/recent-iia-news/?i=13099</link><description>Participate in our interactive online photo campaign.</description><pubDate>Wed, 05 May 2010 17:38:00 GMT</pubDate></item>
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