Institute of Internal Auditors Serving the Global Internal Audit Profession Phil Tarling, CIA, CRMA, CMIIA IIA Past Chairman of the Board www.globaliia.org The Global IIA in 2014 187,000 Members 190 108 Institutes 157 www.globaliia.org Countries Chapters Additional Global Statistics • 124,000 CIAs • 13,800 CRMAs • 6,500 CCSAs • 6,000 CFSAs • 3,600 CGAPs • 600 full and part-time staff • $134.9 million in global revenue, 2013 est. • $12.8 million of net contribution, 2013 est. www.globaliia.org Our Global Efforts Are Driven By A Global Strategic Plan The IIA’s Core Purpose • To advance the profession and its value around the world. The IIA’s Big Audacious Goal • Internal audit professionals will be universally recognized as indispensible to effective governance, risk management, and control. www.globaliia.org Global Strategic Plan: The Strategic Goals Goal A: PROFESSIONALISM The IIA will be the driving force for the development of highperforming internal audit professionals, indispensible to their organizations Goal B: MEMBERSHIP/VALUE PROPOSITION The IIA will deliver the value that compels current, future, and former internal auditors to be members Goal C: ADVOCACY The IIA will have positively raised the profile of, and demand for, professional internal auditing, globally www.globaliia.org Global Strategic Plan: The Strategic Goals Goal D: GOVERNANCE The IIA will have a global operating model in place where all affiliated institutes are aligned on core principles Goal E: FINANCIAL IIA Global operations will be self-sufficient financially with adequate reserves to carry out its core purpose and strategic direction. www.globaliia.org Key IIA Global Accomplishments in 2013 • • • • • • • • • • New version of IPPF launched First digital books launched Three-part CIA exam launched CRMA exam launched Secured seat on the IIRC International Conference in July in Orlando IFAC MOU signed Draft MRA exposed IPPF Relook Task Force launched Project Umbrella Study launched www.globaliia.org IIA Global: The Agenda for 2014 – New affiliation Model Option Study for New, Small and Emerging Institutes – Global Council – Dubai, UAE – Seek FSB recognition of IIA Standards – London International Conference – July – 2015-2019 Global Strategic Planning Initiative – CGAP Reengineering Project – CBOK 2015 ramp-up – Global Task Force completion of the “IPPF Relook” – Launch Internal Audit Leadership Credential www.globaliia.org The IPPF Relook Initiative • • • • • • Global taskforce established Framework being evaluated – focused on structure; not content Preliminary indication – substantive changes will be proposed Executive Committee of Board, Global Council supportive of what they see thus far Potential public exposure of possible changes in Aug – Oct window Optimistically: – New Framework by Jan, 2015 – Fully populated new Framework by Jan, 2016 www.globaliia.org Focus on Public Sector •Internal audit is fundamental component of good governance •Contributes to transparency in, and accountability for, the use of public resources and advancing efficient, effective, ethical and economic public administration governance •The Standards are globally recognized as providing effective guidance for the internal auditing profession. www.globaliia.org Collaboration with Supreme Audit Institutions •Promote good governance, risk management and controls in the public sector to better protect the public interest •Support of INTOSAI – Associate Members •Memorandum of Understanding with: Superior Audit Office of Mexico Contraloría General de la Republica de Costa Rica Accounts Chamber of the Russian Federation Ministry of Finance Montenegro www.globaliia.org It’s All About Serving Our Members! www.globaliia.org Thank You! WWW.GLOBALIIA.ORG www.globaliia.org