March 2012 - The New York Chapter of The Institute of Internal ...

New York Chapter of the Institute of Internal Auditors
www.nyiia.org
NEW YORK REPORTS
PLATINUM AWARD CHAPTER March 2012
Knowledge Through Sharing and Learning
Although it seems like it’s been here for more than a month, Spring is officially
here, the Jets have Tebow and the Mega Millions jackpot is more than $540
million dollars……..that’s $540 million dollars! Next month, with a little luck, I
hope to be writing this message from the Caribbean. Good Luck to all who are in
it! Well, I just finished studying for my 6 th grade science test….uh, I mean
helping my son study for his science test….the periodic table, protons, neutrons,
electrons, chemical and physical reactions……I can’t tell you how much I
appreciate being an internal auditor! The Chapter year is quickly winding down;
however, there is no shortage of activities and events in the final two months.
Please, take advantage and earn CPE credits at one of the cost efficient workshops and seminars that
remain during the year, especially the Chapter’s signature event of the year, the 39 th Annual Audit
Seminar- “Rising to Challenges” on May 18th. Tune in next month; I’ll let you know where I’m
spending my winnings….oh, and also how I did on my science test!
Summary of Recent Events
On March 23 rd , over 70 attendees earned 7 CPEs each at our monthly workshop at Baruch. In the
morning, PwC presented “Internal Audit People Strategy”, “Regulatory Reform and the Role of
Internal Audit” and, at lunch, “Monitoring Third Parties”. In the afternoon, Protiviti presented “Data
Governance and Control” and “Emerging Technology and Security Update”. I’d like to thank PwC,
Protiviti and all of the firms that have volunteered their time this year to help make our monthly
workshops successful.
After the workshop, we elected the 2012/2013 Chapter year Executive Committee and Board of
Governor nominees. Congratulations to new and returning members! Thanks again to those members
that attended the cocktail reception and elections.
Upcoming Events
Look for details on the following upcoming events in our e-mail communications and on the Chapter’s
website (www.nyiia.org):
NYIIA’s April Monthly Workshop- Friday April 13 rd , 2012
Registration will be open shortly for our next monthly workshop which will be held on Friday,
April 13 th at Baruch College. Earn 7 CPE’s for the full day workshop. Joan Pastor will present a
full day workshop titled “The Psychology behind Fraud, Unethical Behavior and White Collar
Crime-A MUST for every Audit Professional!”
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Visit our website (www.nyiia.org) for more details and registration information on this and future
workshops.
NYIIA’s 39 th Annual Audit Seminar, “Rising to Challenges”- Friday May 18 th , 2012
Join us as one of the keynote speakers, Rod Winters, General Manager of Finance at Microsoft
and former IIA Chairman of the Board (2009-10) discusses “Achieving Our Potential as a
Profession”. The Internal Audit profession is facing unprecedented challenges, but also great
opportunities. In this session, Winters will share his views on the challenges facing the internal
audit profession, where the profession is heading, and explore some strategies for success on the
road ahead. Topics to be discussed include the IIA’s strategic plan, key trends impacting the
profession, and adapting the internal audit organization and plan to challenging and changing
circumstances. The context for the discussion will be on achieving our full potential as
professionals, as a global Institute, and as a global profession.
We are finalizing the program and registration will be open shortly for our 39 th Annual Audit
Seminar- “Rising to Challenges” which will be held on Friday, May 18 th at a new location, the
United Federation of Teachers (UFT) Conference Center (at 52 Broadway, New York, NY 10004).
As in the past, the seminar follows a multi track format that includes:
State of the Internal Audit profession
Financial Services Regulatory & Dodd Frank Updates
Assessments of Enterprise Risk Management
Technology and Social media risks
Managing a Highly effective Internal Audit Function
Communication and Leadership Skills for Internal Audit Leaders.
Visit our website (www.nyiia.org) for more details and registration information on this event.
Space will be limited so register early!
NYIIA’s Diversity Committee Event- “Becoming Stage-worthy”- Wednesday, May 23rd,
2012
Registration will be open shortly for our next Diversity Committee program, “Becoming Stageworthy”,
which will be held on Wednesday, May 23 rd from 4:30PM to 7:30PM at Deloitte (2
World Financial Center, New York, NY- 3 rd Floor Cafeteria). During this workshop renowned
coaches and workshop co-creators Amy Dorn Kopelan and Katherine Leask will demonstrate the
10 Commandments of a Great Presentation. This is not just a speaking course, it’s a program that
will significantly impact your confidence, your leadership, and your presence. The program
focuses on mastering how to:
Hold your audience’s attention
Stand out from the competition
Control the “room” and the outcome of your messages
Walk and talk with confidence
Speak with intention and clarity
Use your power to influence, but always with charm.
Visit our website (www.nyiia.org) for more details and registration information on this and future
workshops
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Important Reminders from IIA Headquarters and the New York Chapter
Don’t forget to register for the IIA’s International Conference which will be held in Boston,
Massachusetts from July 8 th – 12 th . The International Conference offers a world-class
professional development opportunity featuring educational sessions led by respected keynote
and concurrent session speakers and unlimited networking opportunities. Register on-line at
www.iia2012ic.org/registration.html.
As you may know, the New York Chapter has partnered with Pace University to offer the
Certified Internal Auditor (CIA) Exam Prep Course. The Spring 2012 schedule of courses
and registration information is included in this Newsletter and can also be found on the New
York Chapter’s website (www.nyiia.org). The course uses materials from the IIA’s CIA
Learning System. IIA members receive a registration discount and each class qualifies for 8
CPE credits.
The Long Island Chapter is hosting an event, “The Future of Internal Auditing” at the Melville
Marriott on April 27 th , 2012. The event brings together top forward-thinking professionals who will
share what they see as being ahead for the profession and you. Futurist, Thomas Frey, Executive
Director of the Davinci Institute and Google’s Top Rated Futurist Speaker will be a Special Guest
Speaker. Earn 8 CPE Credits for the full day conference. The conference also includes raffle prizes and
will be followed by a Complimentary Beer and Wine Networking Reception (5:00PM to 6:30PM).
For more information go to: http://www.theiia.org/chapters/index.cfm?cid=241
or contact: Roy Garbarino @ 631.698.7000 x3697 or roygarbarino@yahoo.com
To register go to: http://www.cvent.com/d/wcqpt5/4W
Also, don’t forget to visit our website at www.nyiia.org periodically to keep updated and register for
upcoming events. If you are interested in volunteering for the Chapter, submitting an article for the
Newsletter or speaking at one of our events, please contact me at jfitzpatrick@accumepartners.com . I
look forward to seeing you at one of the Chapter’s upcoming events!
John Fitzpatrick, President
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In This Issue
President’s Message 1
Page
Upcoming Events and Workshops
April Workshop Training - April
Future of Internal Audit - April
39th Annual Audit Seminar - May
The 11th Annual Baruch College - May
Local Training Sponsored by IIA Global- May
Career Advancement & Leadership Presence - May
Awards Dinner – Save the date – June
IIA International Conference – July
5
8
9
12
13
14
16
17
Certification Information
CIA Review Course Flyer
18
iPace Online Course
19
CPE Requirement Changes - NEW 21
2011/2012 Workshops/Luncheons 22
Member News
Member Benefits - NEW
Social Media Update
Share your Knowledge 25
Membership Update 26
Employment Opportunities 26
Academic Relations Committee 26
NY Chapter Information
2011/2012 Chapter Officers 27
2011/2012 Committee Chairs 28
24
25
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IIA NY Chapter April Training
Date: Friday, April 13, 2012
Times: 8:30 AM – 4:30 PM
Location: 2 Baruch College
55 Lexington Avenue Room
New York, NY 10010
CPE: 7 credits will be awarded for the full day workshop
~~Registration is open~~
Members: $180 Non-Members: $195
Luncheon Only (Members): $60 Luncheon Only (Non-Members): $70
Presentation Topic: The Psychology behind Fraud, Unethical Behavior and
White Collar Crime - A MUST for every Audit Professional – Presented by
JPA International.
Though CPAs and senior executives have figured prominently in recent fraud cases, people of all backgrounds
and professions are capable of committing fraud. Understanding the psychological forces behind fraudulent
behavior is critical to detecting, preventing and dealing with fraud.
One of the least discussed reasons behind unethical behavior is related to a small group of people who, with the
right combination of inner traits and smarts, can cause the most damage to an organization.
It is this small (estimated 7-10%) group who can be the deadliest killers of all to your company, and no amount of
SOX rigor or financial analysis is going to smoke them out. It is this group that is behind most of the larger (and
costliest) fraudulent crimes.
Joan Pastor, PhD, a noted clinical and industrial -organizational psychologist, first began studying this phenomenon
when she saw a bright man single-handedly destroy a small (but highly successful) brokerage firm she was
consulting with 20 years ago. She continued to observe this phenomenon in various forms over the years. By
bringing both clinical and business research together, she has identified a syndrome, or a pattern of traits and
behavior that explain these type of people, how to identify them, and external conditions in a company that
encourage these people to make their plays. As a Certified Speaking Professional, Joan delivers her programs
with humor, timely references, original research and implementation experience at many major clients. She has
over two decades of speaking, coaching, consulting and training experience.
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FULL DAY OUTLINE
I. Introduction
A. The Psychology of Fraud: A critical tool for auditors, compliance professionals, managers and
business executives
B. How psychologists look at and work with fraud and why this is important to you
C. Why you haven't heard about this before (and what you will never hear outside this room)
II. How and why normal people commit fraud
A. Most people are already ethical
B. Eight critical defense mechanisms we all use to make it easier to commit wrongdoing
III. The research on deception and lying
A. Current strengths and limitations of the research
B. The psychology of attribution and the self-serving bias, and how it contributes to creating white collar
crime in organizations
IV. The hardcore 7-10%: A whole different world of people and criminal wrongdoing
A. The "Syntonic Syndrome": a general definition
B. Ego-Syntonic people and the lack of accountability
C. True stories
V. The Syntonic Syndrome: 5 Key Characteristics and Behaviors
A. Accountability
B. Personality Disorders
i. i.e.; anti-social or psychopaths, narcissistic, dependent
C. IQ
D. Differential treatment and manipulation of people
E. Control and decision-making process
F. An optional sixth: addiction
VI. Personality Disorders: Eleven type s and three "clusters"
A. Which ones especially connected to fraud and white -collar crime
B. True stories
C. Exercise
VII. IQ
A. Makes all the difference in white collar crime
B. Tied to success rate of white collar crimes
VIII. Differential treatment of people
A. Signs to look for- there are a lot of signs auditors can learn to catch!
B. The creation of collusion, groupthink, cliques and its connection to fraud
IX. Control and decision-making proce sse s when syntonic people are in power
A. The syntonic person's special ability to deceive
X. What a normal person doe s when they break the law vs. one with the Syndrome
XI. Some of the Many Organizational traits and situations that encourage the Syntonic
Syndrome
A. Tone at the top and org. culture
i. Cowboy organizational culture vs. other types of organizational cultures
B. Laissez-faire management style
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i. Including a laissez-faire attitude towards risk
ii. Highly entrepreneurial person holds the power
C. Performance reward systems
D. Inefficient business, financial and organizational systems
i. Lack a proper understanding and use of risk and controls, and where the organization should be
focusing their risk management efforts
E. False sense of security- too many controls, etc.
i. How to use SOX, audit committees, external and internal auditors to create real security
XII. The Syntonic Syndrome and Whistle blowing practices
A. The bad news about whistle blowing procedures and reporting syntonic people
B. What really makes a person blow the whistle
XIII. What can be done? What can be done? What can be done?
A. Ten activities the auditor and/or risk professional can do to b egin identifying the 7-10%
B. By HR, security, finance professionals, all levels of management
C. Ten specific activities that management can do at the organizational level
XIV. If time:
A. Malingering
B. Other disorders that affect workplace performance and/or the ability to say no to committing fraud
C. Specific fraud interviewing techniques that really work
D. Specific conflict management techniques geared towards working with people suspected of
wrongdoing.
XV. Bringing it home: What can I do?
A. Consultation and action plans
Exercises: How to think like a criminal; case studies, conflict management and fraud interviewing
To register go to: https://www.cvent.com/events/ny-iia-april-2012-workshop/registrationdb7ebe5324af4eabb0917dc3e9da449a.aspx
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The Future of Internal Auditing
Friday April 27th, 2012
Melville Marriott
The Internal Audit profession faces new challenges and opportunities. The business and
regulatory environment continues to evolve and there is ever greater demand from key
stakeholders to identify and manage risk in a rapidly changing landscape. New business
models, markets, practices and technologies are replacing current ones and internal auditors
need to be ready with the latest tools and knowledge. Will you be ready? Join us as we bring
together top forward-thinking professionals who will share what they see as being ahead for the
profession and you. Your future is calling.
Internal Audit’s Evolving Future Mission
Norman Marks, Vice President, Evangelist for Better Run Business at SAP
The Technology Internal Audit Will Be Looking At and Using
J.C. Slemp, Managing Director Global Security and Privacy Solutions Protiviti, Inc.
Knowledge Engineering for Auditors
Russell Safirstein, Managing Partner and Joe Glick, Director Paracon Group
Special Guest: FUTURIST THOMAS FREY
Executive Director of the Davinci Institute
Google’s Top Rated Futurist Speaker
Your Future Career in Internal Audit
Clifford Weinstein, Director, Robert Half International
Panel of Internal Audit Executives and Audit Committee Chairpersons
A full day conference: 8 CPE Credits, raffles and followed by a
Complimentary Beer and Wine Networking Reception (5:00PM to 6:30PM)
For more information go to: http://www.theiia.org/chapters/index.cfm?cid=241
or contact: Roy Garbarino @ 631.698.7000 x3697 or roygarbarino@yahoo.com
To register go to: http://www.cvent.com/d/wcqpt5/4W
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The Institute of Internal Auditors
New York Chapter
39th Annual Audit Seminar
May 18th, 2012
United Federation of Teachers
52 Broadway
New York, NY 10004
“Rising to Challenges”
The Internal Audit profession is being challenged to step up to the plate as value
added contributors to business success. In a world of constant change and risks,
internal auditors need to keep current with the latest developments and best
practices in the industry and the profession.
Participate in the Institute of Internal Auditors, New York Chapter’s 39th
Annual Audit Seminar to be held on May 18 th , 2012 to learn about hot topics
that will enable us to “Rise to the Challenges” including:
State of the Internal Audit Profession
Financial Services Regulatory & Dodd Frank Updates
Assessments of Enterprise Risk Management
Technology and Social Media Risks
Managing a Highly Effective Internal Audit Function
Communication and Leadership Skills for Internal Audit Leaders
Speakers include thought leaders from leading companies
and professional service firms.
More information will be provided in the upcoming April Newsletter.
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The 11th Annual Baruch College
Financial Reporting Conference
May 3, 2012
Also at Baruch...
The Story of an Exposed
Inside Trader
March 27, 2012
Sustainability Evolved:
Embedding ESG Performance
in Corporate Valuations
April 17, 2012
For more information and to
register visit us online.
About the Program
This day long conference serves as a forum for interaction between business and
accounting executives and policy setters from the Public Company Accounting
Oversite Board, U.S. Securities and Exchange Commission and the Financial
Accounting Standards Board.
Continuing Professional Education
9 CPE Credits (Accounting)
Agenda*
REGISTRATION AND BREAKFAST - 7:30 to 8:15 am
WELCOME AND INTRODUCTION - 8:15 to 8:30 am
MITCHEL WALLERSTEIN - President, Baruch College
NORMAN STRAUSS - Ernst and Young Executive Professor-in-Residence,
Baruch College
OPENING REMARKS - 8:30 to 9:15 am
Once again we have the pleasure of welcoming the Chair of FASB and the Chief
Accountant of the SEC, for an update straight from the top
JAMES L. KROEKER - Chief Accountant, Securities and Exchange Commission
(SEC)
LESLIE SEIDMAN - Chairman, Financial Accounting Standards Board (FASB)
PANEL 1: CURRENT DEVELOPMENTS AT THE SEC - 9:15 to 10:45 am
This panel presents the very latest concerns of our regulators in Washington.
Knowing what they are thinking is essential in today's complex environment.
PAUL BESWICK - Deputy Chief Accountant, Office of the Chief Accountant,
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SEC
CRAIG OLINGER - Acting Chief Accountant, Div. of Corporation Finance, SEC
HOWARD SCHECK - Chief Accountant, Div. of Enforcement, SEC
COFFEE BREAK - 10:45 to 11:00 am
PANEL 2: CURRENT DEVELOPMENTS IN THE PRIVATE SECTOR - 11:00 am to
12:30 pm
Leaders in accounting and financial reporting offer their insights into critical areas of
current interest to the business community.
SUSAN COSPER - Technical Director, FASB
ROBERT LAUX - Senior Director of Financial Accounting and Reporting,
Microsoft, Inc.
ICHARD PAUL - Partner, Deloitte & Touche LLP
CARLO PIPPOLO -Partner, Ernst & Young LLP
LUNCH - 12:30 to 1:15 pm
KEYNOTE ADDRESS - 1:15 to 2:00 pm
JAMES DOTY - Chairman, Public Company Accounting Oversight Board
PANEL 3: STATUS OF ADOPTING INTERNATIONAL STANDARDS - SHOULD
WE OR SHOULDN'T WE? - 2:00 to 3:30 pm
MARK BEILSTEIN - Partner, KPMG
JAMES KROEKER - Chief Accountant, SEC
MARK LaMONTE - Managing Director, Moody's Investors Service
ROBERT LAUX - Sr. Dir. of Fin. Accounting and Reporting, Microsoft, Inc.
LESLIE SEIDMAN - Chairman, FASB
COFFEE BREAK - 3:30 to 3:45 pm
PANEL 4: THE BIG 3 CONVERGENCE PROJECTS - REVENUE RECOGNITION,
LEASES AND FINANCIAL INSTRUMENTS - 3:45 to 5:15 pm
JAMES BARGE - Executive Vice President, Controller, Tax and Treasury,
Viacom
PAUL BESWICK - Dep. Chief Accountant, Office of the Chief Accountant, SEC
SUSAN COSPER - Technical Director, FASB
JAN HAUSER - Partner, PricewaterhouseCoopers LLP
MARK LaMONTE - Managing Director, Moody's Investors Service
*Speakers and topics are subject to change without notice.
Registration Information
Register online, by phone or e-mail:
1. Complete the online registration form
2. Call us at 646-312-3231
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3. E-mail us at matthew.lepere@baruch.cuny.edu
Registration Fees:
$350 - Discounted Registration for IIA members
$395 - Early Bird Registration (payment must be received by 4/3/2012)
$3500 - Group registration for ten attendees
$120 - Academic and non-profit registration fee
Where & When
Baruch College's Newman Vertical Campus
55 Lexington Avenue (enter on 24th or 25th St.), Room 14-220
Thursday, May 3, 2012
8:15 a.m. to 5:15 p.m.
Continuing Professional Education
Earn up to 9 CPE Credits (accounting)
Continuing Professional Education Prerequisites and Advanced Preparation: None
Program Level: Overview
Delivery Method: Group-Live
For more information, please contact Matthew LePere at
matthew.lepere@baruch.cuny.edu.
Requests for refunds must be received in writing by April 15, 2012, and will be subject
to a $100 cancellation fee. No refunds will be granted April 15, 2012. For information
regarding refunds, complaint and/or program cancellation policies, contact Matthew
LePere. The Robert Zicklin Center for Corporate Integrity is registered with the
National Association of State Boards of Accountancy (NASBA) as a sponsor of
continuing professional education on the National Registry of CPE Sponsors. State
boards of accountancy have final authority on the acceptance of individual courses for
CPE credit. Complaints regarding registered sponsors may be submitted to the
National Registry of CPE Sponsors through its website: www.learningmarket.org.
Join Our Mailing List!
The Robert Zicklin Center for
Corporate Integrity
The Robert Zicklin Center for Corporate Integrity is a forum for discussion of a
broad range of contemporary issues confronting U.S. corporations and capital markets.
Our concerns include: transparency of corporate reporting, corporate governance,
examining legal and ethical corporate behavior, spotlighting executive accountability,
corporate responsibility in global business development, risk assessment and
amelioration, resolving conflicting corporate stakeholder interests, and evaluating the
role of governmental regulation. Learn more at
http://zicklin.baruch.cuny.edu/centers/zcci/.
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Local Training Sponsored By IIA Global
Register Today for IIA Training in New York on May 15 – 18 and Save!
The IIA is bringing 11 seminar courses to New York, and as a participant you will
benefit from world-class training facilitated by subject matter experts at exclusive
members-only pricing.
In addition to your members-only pricing, you have two additional opportunities to save
in 2012!
ATTEND TWO COURSES AND SAVE: Save 20 percent off the price of a second IIA course
when you register for any two courses at any seminar location in 2012. That’s a potential
savings of more than US $400.* Register for your first course at the member or nonmember
price. Receive 20 percent off a second course of equal or lesser value. Register today by
calling +1-407-937-1111 and allow an IIA Customer Relations representative help you
pick the right course(s) at the right price!
ATTEND ONE COURSE AND SAVE: Save 10% when you register for one course before
March 30. Register online or by calling IIA Customer Relations.
Courses offered during The IIA’s New York Seminar include:
Value-added Business Controls: The Right Way to Manage Risk (May 15 – 16)
Critical Thinking for Internal Auditors (IIA/Deloitte) (May 17 – 18)
Audit Report Writing (May 15 – 16)
Auditing Investment Activities (May 15 – 16)
Best Practices in Internal Auditing (May 15 – 16)
Audit Manager Tools and Techniques (May 15 – 18)
Auditor-in-charge Tools and Techniques (May 15 – 18)
Beginning Auditor Tools and Techniques (May 15 – 18)
Auditing Derivative Strategies (May 17 – 18)
COSO Based Internal Auditing (May 17 – 18)
Fraud Auditing Using ACL (IIA/Deloitte) (May 17 – 18)
Can’t train in May? Sign up for an IIA Online Virtual Seminar, or consider training
at one of our other convenient Seminar locations in 2012.
Log in and Register TODAY or inquire about group discounts by calling +1-407-937-1111.
All discounts are non-transferable and cannot be combined with any other offer.
*20% discount applies to courses of equal or lesser value, regardless of dates scheduled or sequence
taken. The estimated savings is based on 20 percent off the registration price of a second four-day
course
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Are you Ready to Take Center Stage?
Join our next career development workshop and find out!
Wednesday, May 23 rd , The NY IIA Chapter will host a career advancement and
leadership presence workshop called
Becoming Stage Worthy
This experiential program is lots of fun and goes way
beyond a presentation starter-kit! You will learn to “up
your game” in front of any audience by learning The
Ten Commandments of a Great Presentation from a
veteran stage actor and television producer. The methodology and curriculum turn
around the most hesitant or skeptical professional so that taking the stage becomes
easy.
This program gives you the chance to polish your own performance and will
significantly impact your confidence, leadership and presence. Specifically, you will
learn how to:
Hold your audience’s attention
Stand out from the competition
Control the “room” and the outcome of your messages
Walk and talk with confidence
Speak with intention and clarity
Use your power to influence, but always with charm.
This program is led by two distinguished and well-known women from the worlds of
television and theatre. Amy Dorn Kopelan, President of Bedlam Productions Inc.,
coaches presenters at global business conferences and on-camera talent.
Katherine Leask, accomplished stage actress and voice-over artist, has appeared
on major stages across the country.
Here are the details:
Date: Wednesday, May 23
Time: 4:30 p.m. – 5:00 p.m. — Registration and
networking
5:00 p.m. – 7:00 p.m. — Workshop
7:00 p.m. – 7:30 p.m. — Networking reception
Location: Deloitte | 2 World Financial Center
3 rd Floor Cafeteria
New York, NY
Workshop $75 for NY IIA Members
Fee:
$100 for non-members
Registration: Visit the NYIIA home page to register for this event.
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Space is limited, so please register early for this sure to sell-out workshop.
Payment is due at the time of registration.
This program is brought to you by the NY IIA Diversity Committee and Deloitte.
About the coaches and creators
Amy Dorn Kopelan has over 20 years’ experience as an ABC television executive
and independent conference producer. Amy is the co-author of I Didn’t See It
Coming, which teaches business professionals how to avoid being blindsided in
business. She has been featured on FOX and Friends, Business Week online, On
The Money, in CEO Magazine, Business Week, Chief Learning Officer Magazine,
and CNN.com.
Katherine Leask has over a decade of special events production experience in
both the non-profit and for-profit arenas. A veteran actor and director in stage,
television, commercials and voiceovers, Katherine has performed Off-Broadway
and at major theatres throughout the United States, and in Europe.
Sponsoring organizations:
Deloitte’s Initiative for the Retention and Advancement of Women (WIN):
Today, Deloitte LLP is recognized as a leader in advancing women and as an
employer of choice — thanks in large part to its “waging change” 17 years ago
when it launched the Initiative for the Retention and Advancement of Women. In
recognition of its commitment to the advancement of women and its attention to
talent and career/life fit issues, Deloitte has been honored with an abundance of
awards over the years including Fortune’s “100 Best Companies to Work For”,
Working Mother magazine’s 100 Best Companies for Working Mothers Hall of Fame
(listed for 15 consecutive years), Working Mother magazine’s “Top Companies for
Multicultural Women”, and Catalyst Award for Advancing Women in Business.
The New York Institute of Internal Auditors (IIA): In 1941, the New York Chapter
founded the Institute of Internal Auditors. Since then, the IIA has grown to serve
over 105,000 members in internal auditing, governance and internal control, IT
audit, education, and security from more than 160 countries/territories. The world's
leader in certification, education, research, and technological guidance for the
profession, The Institute serves as the profession's watchdog and resource on
significant auditing issues around the globe.
If you have questions, please contact Stephanie Tenore or 617 437 2809
15

The IIA International Conference is being held this year in Boston, Massachusetts at the Boston
Convention and Exhibition Center from July 8-11, 2012. There are 11 different Educational
Tracks being offered for a total of 18 CPE credits. Below is the link to the Conference’s main
website page and the E-Brochure and Conference-at-a-Glance documents that contain all the
details of the conference, can be accessed through that main page.
Registration Fees
Register now and save! The current early registration fee for IIA members is US $1,395,
a savings of US $600 off the regular registration rate. Not an IIA member? Nonmember
early registration is US $1,795, a savings of US $200 off the regular nonmember
registration rate.
Early registration pricing is valid through February 29, 2012. Visit the conference website
for details about the registration fee schedule and rates.
For more information, go to http://www.iia2012ic.org
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BECOME A CERTIFIED INTERNAL AUDITOR!
Certified Internal Auditor (CIA) Exam Prep
Earn the Most Sought-After Credential in the Global Internal Audit Profession! The Institute of Internal
Auditors (IIA) and Pace University have joined forces to offer a comprehensive instructor -led course based on The
IIA’s CIA Learning System. This course will expand your internal audit knowledge and prepare you for the Certified
Internal Auditor® (CIA®) exam. Each class qualifies for 8 CPE credits.
Whether you are a CIA candidate, a manager seeking to train your staff, a student just starting out, this course can
help you accomplish your certification and professional development goals.
The following courses are available at Pace University for the SPRING 2012
18

Continuing Professional Education (CPE) Requirements
The IIA would like to inform you of the recently approved changes to continuing professional
education (CPE) requirements and reporting processes.
On Tuesday, Nov. 15, 2011, The IIA's Global Board of Directors approved the implementation
of several key changes to the CPE reporting process. The changes in the program align The IIA
with industry best practices and will enhance the reporting experience for certified individuals.
Additionally, on Nov. 30, 2011, The IIA Executive Committee approved the consolidation of all
administrative directives pertaining to CPE requirements for IIA certifications. All certified
individuals must now comply with Administrative Directive No. Four.
Effective Jan. 1, 2012, changes to the reporting period, CPE requirements, and the reporting
process will be implemented. The following table summarizes these changes.
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What do these changes mean for you?
The 2012 reporting year will be a transition year, bringing all certified individuals in line with the
new CPE program. Candidates will need to report for a varied amount of CPE based on when
they last reported.
The below table indicates the reporting requirement for the Dec. 31, 2012 deadline based on
the certificant’s ID number and last reporting cycle.
For more information on IIA certifications and reporting requirements, please visit
www.theiia.org/certification.
22

IIA NY Chapter 2011 – 2012
Workshops / Luncheons
September 16, 2011
Control Solutions and Caseware
Software Asset Management
Continuous Monitoring Contemporary
Issues- Time to Move Forward
Luncheon: Steve Goepfert, United Airlines,
Fighting and Finding Fraud
October 21, 2011
Deloitte and Accume Partners
Emerging Information Technology Risk
Effective Independent Testing of Bank
Secrecy Act (BSA)/Anti- Money
Laundering (AML) Compliance
Luncheon: To be announced
November 18, 2011
Grant Thornton and PwC
Bite Sized Enterprise Risk
Management (ERM) Programs
PricewaterhouseCoopers (PwC) will
also present a topic to be announced
Luncheon: Larry Harrington- Chief Audit
Executive, Raytheon Company
December 9, 2011
Financial Regulatory Reform & the
impact on Internal Audit, Model
Validation for Internal Auditors, and
Solvency II & the role of Internal Audit.
Social Engineering - The Human Factor
in Security and Software Asset
Management.
Luncheon: Richard Chambers President
and CEO of the Institute of Internal
Auditors
January 13, 2012
Seminars in Communication and Eisner
Amper LLP
Sharpening your Report Writing
Skills
SSAE 16- Service Organization
Company- New Regulations
Business Continuity/ Disaster
Recovery
Using ERM to Add Value to Internal
Audits
Luncheon: Ernst & Young
February 17, 2012
Deloitte and Grant Thornton-
Use of Data Analytics for Internal
Auditors
Internal Audit Quality Assurance
Reviews (QARs)
Luncheon: Robert Schimek- Chief
Financial Officer, AIG
March 23, 2012
PwC and Protiviti
Internal Audit People Strategy and
Regulatory Reform and the role of
Internal Audit - Presented by PwC
New Technologies and Data Quality
by Protiviti
Luncheon: Monitoring Third Parties
April 13, 2012
JPA International
Fraud Session
Luncheon: JPA International
23
May 18, 2012
39th Annual Audit Seminar

For More Information Visit our Website at http://www.nyiia.org/
Members Benefits – NEW
As a valued member of the Institute of Internal Auditors and the New York
Chapter, I’d like to remind you of just some of the benefits that are available to
you as members. Membership entitles you to:
Member Only Discounts through the IIA’s Affinity Program- The IIA has
partnered with a select host of companies to provide our members with
special discounts on products and services. These companies include:
· Dell
· Geico
· Hertz
· Omni Hotels
Member Only Discounts on Training through the Institute and the New
York Chapter- As a member of the IIA, you are entitled to valuable guidance,
training, and services at discounted prices including:
· Workshops
· Conferences
· Seminars
· Webinars, webcasts and e-learning opportunities
· Vision University (for Chief Audit Executives)
Member Only Rates on Items in the IIA Bookstore and Professional
Certification Exam Fees
Instant Access to Valuable Reference Tools and Resources for the
Profession- These include:
· Professional Practice Framework
· Practice Advisories
· Subscription to Internal Auditor Magazine
I hope that you take advantage and enjoy the many benefits the Institute of
Internal Auditors and the New York Chapter Please visit the IIA at
http://www.theiia.org/ for the latest information on member benefits or at
https://www.theiia.org/index.cfm?act=form.newmember to become a new
member and take advantage of significantly reduced membership rates.
We look forward to seeing you and your colleagues at our upcoming events.
24

Social Media Update
We invite our members of the IIA New York Chapter to share your knowledge
and enhance networking opportunities to. Please join the NY IIA Chapter
LinkedIn group. Follow us on the following sites:
http://www.linkedin.com/groups?gid=2280322&trk=myg_ugrp_ovr
Other IIA sites to follow:
http://www.facebook.com/TheInstituteofInternalAuditors
http://twitter.com/#!/theiia
Share Your Knowledge
New York Chapter is full of experienced auditors; this is an opportunity for
members to share and learn from each other. You can contribute in any of the
three ways:
Expertise Stories Books
Wisdom, tip, insight or
technique that you’ve
found improves your audit
process or saves you time.
How did you get to where you
are today?
What have you been
reading? We’ll choose two
each month and list them.
For other members interested in submitting information to be published in our
newsletter, please send an email to our VP of Professional Services and
Newsletter Officer at rm2698@mail.cumc.columbia.edu by the 20 th of each
month.
25

Membership Update
Not receiving Chapter e-mails and Workshop notifications? Please UPDATE YOUR
IIA PROFILE! Log onto http://www.theiia.org using IIA Member ID and Password
.
1.
2.
3.
Volunteer Corner
If you are interested in volunteering for our chapter, please reach out to our
Volunteer chair, Debra Soumare @ debra.stbernard@aeroflex.com
Employment Opportunities
If you are looking for a new opportunity, we currently have new job posting on our
website. http://www.nyiia.org/careers/index.php
Individuals or organizations interested in posting job opportunities should submit a
condensed job description to the Employment Officer, Raquel Oquendo @
rm2698@columbia.edu
Academic Relations Committee
The chapter's Academic Relations Committee presents internal audit related subject
matter to students at local college and university career fairs.
If interested, your organization can take the opportunity to have any open positions
communicated at these events. If interested, contact Brian Mannix @
bmannix@nyl.com.
Also, if anyone with Student Internship opportunities, please contact our Academic
Relations Committee Officer Brian Mannix @ bmannix@nyl.com
26

2011 - 2012 IIA NY Chapter Officers
President
JOHN FITZPATRICK
(516) 670-6761
E-Mail: jfitzpatrick@accumepartners.com
Executive Vice President
BRIAN MANNIX
New York Life Insurance Company
(212) 576-5928
E-Mail: bmannix@nyl.com
Vice President-Professional Development
SCOTT KENNEY
Deloitte & Touche
(212) 436-2103
E-Mail: skenney@deloitte.com
Vice President - Professional Services
RAQUEL OQUENDO
Columbia University Medical Center
(212) 305-9622
E-Mail: rm2698@mail.cumc.columbia.edu
Vice President – Treasurer
CARMEN CACEDA
E-Mail: Carmen_Caceda@msn.com
Vice President – Secretary
ELEONORA PECHENIK
Goldman Sachs
(347) 644-0708
E-Mail: epechenik.iia@gmail.com
Immediate Past President
(2010-2011 Chapter Year)
DIANE NAPOLITANO
New York Life Insurance Company
(212) 576-5487
27

E-Mail: dnapolit@nyl.com
2011 – 2012 IIA NY Chapter
Committees
Reporting
Officer: John Fitzpatrick
Chair: Lisa Whitehead
Audit:
Officer: John Fitzpatrick
Chair: Chris Calvin
Nominating:
Officer: John Fitzpatrick Chair:
Diane Napolitano
Volunteer:
Officer: John Fitzpatrick
Chair: Debra Soumare
Long Range Planning:
Officer: Brian Mannix
Chairs: Paul Flora, Nick DiMola
General Auditors’
Roundtable:
Officer: Brian Mannix
Chair: Paulette
Mullings Bradnock
Business and Industry:
Officer: Brian Mannix
Chairs: Stacey Guardino, Uday
Gulvadi, Patrick Glenn, Tracey
Thomas/Alex
Cacanando/Jessica Rodgers
Special Events:
Officer: Brian Mannix
Chairs: Stacey Guardino, Uday
Gulvadi, Patrick Glenn, Tracey
Thomas
History:
Officer: Brian Mannix Chairs:
Alexander Tsuryan
Note: Our website is being updated, if
you have any questions on the
committee chairs contact information,
please contact rm2698@columbia.edu
Academic Relations:
Officer: Brian Mannix Chairs:
Linda Tan, Olga Davis,
Jennifer Morris, Nelly Altman,
Cheryl Lovell, Altagracia
Rodriguez
Annual Audit Seminar:
Officer: Scott Kenney
Chairs: Uday Gulvadi, Carlos
Garcia, Andrew Goldberg,
Frank Campisi, Mike Schor,
Kathy Birn, Erin Morrow
Workshops:
Officer: Scott Kenney
Chairs: Mike Schor, Jim
McCabe, Cheryl Lovell
Luncheon:
Officer: Scott Kenney
Newsletter:
Officer: Raquel Marin-Oquendo
Chair: Dainora Tommasino
Social Media
/Communications:
Officer: Raquel Marin-Oquendo
Chairs: Aleksandra Terzano
Public Relations, Advertising
and Employment:
Officer: Raquel Marin-Oquendo
Chair: Andrew Goldberg
28
Subscription:
Officer: Raquel Marin-Oquendo
Chair: Bill Morello
CIA Exam:
Officer: Eleonora Pechenik
Chair: Olga Davis
Membership:
Officer: Eleonora Pechenik
Chairs: TBD
Outreach:
Officer: Eleonora Pechenik
Chairs: TBD
Awards Dinner:
Officer: Eleonora Pechenik
Chairs: Mariaelena Deloux,
Kathy Rennert
Diversity:
Officer: Eleonora Pechenik
Chairs: Junny Rivera
Social:
Officer: Eleonora Pechenik
Chairs: Lisa Whitehead,
Aleksandra Terzano, LaTonya
Rumph
Financial Reporting: Officer:
Carmen Caceda
Financial Controls:
Officer: Carmen Caceda
Chairs: Juan Perez, Stephanie
Mitchell Hoyt
Awards and Gifts:
Officer: Carmen Caceda
Chair: Kathy Rennert