ISAC
Calgary Audit Trails
June 2014
Headlines
Individual Highlights:
President’s Message
2
National Conferences See Page 3 for details
 IIA National Conference
Academic Corner
4
IIA Calgary Training and Webinars Schedule See Page 5 for details
Call for Speakers
6
Call for Speakers See Page 6 for Speakers
IIA Volunteers
8
“Moving Forward Together”
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President’s Message
Hi everyone!
I hope this newsletter finds you well. This is already the last newsletter for this year. We had
a fantastic year filled with educational courses and multiple lunches featuring topics such as:
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The Calgary Stampede heroic response during the Calgary floods.
Leading and lagging practices in financial statement reporting.
Internal Audit in academic environments.
Audit best practices.
Update on the Enhanced Production Audit Program (an AER Regulatory Compliance Program).
It is now time to look ahead at the new financial year and develop the exciting program for 2014-15 with a fresh
new team and a different formula. One of the changes for this year is that I will be stepping down from the role
of president of the Chapter and will be passing the responsibilities to Raj Devadas. Raj has joined the internal
audit community in Toronto several years ago and has close to 10 years of experience as a governor. Raj is
currently a senior manager at KPMG in their Advisory group and he is in charge of internal audit services. I am
very excited to have Raj in charge of the chapter as he brings a wealth of experience, great energy and a
compelling vision to grow our chapter.
In order to support his vision, Raj is currently creating a new structure with new roles. In other words, we are
currently looking for volunteers for the Board of Governor to fulfill these roles.
The Board provides a unique opportunity to network with your colleagues in Calgary and have an impact on the
profession. Please contact Raj at rdevadas@kpmg.ca if you are interested.
I am looking forward to seeing you at our next event,
Etienne Poulin
President
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Our Sponsors
IIA National Conference
The theme of the 7th Annual National Conference of the IIA Canada is Rising to New Challenges. Delegates will
gain knowledge from world-class leaders on how to raise the bar, meet oncoming challenges and serve their
organizations with excellence. As the premier learning and networking event dedicated to internal audit, risk,
control and governance, this event draws speakers at the forefront of our profession. Speakers and panelists
will include Canadian and international audit leaders, Board and Audit Committee members and influential
leaders
from industry and government.
Held in the Nation’s Capital, in close proximity to major Canadian industrial
centres, this event affords private and public sector audit leaders an ideal
opportunity to engage on strategic issues of oversight, leadership, strategy and
organizational performance.
For details check the conference website:
http://www.iiacanadanationalconference.com
2014 IIA Canada National Conference Rates
Member Rates
Regular Rate
Late Rate
(starts September 1)
IIA Canada National Conference
$1,300*
$1,400
$1,500*
$1,500
$495
$495
$1,000
$1,000
$795
-
$295
-
October 6-8 Member
Non Member
Audit Leader Event (ALE) - For CAEs & Audit Committee (AC) Members
October 5 (11:30am - 4:30pm)
Audit Committee Package
(ALE & 1st day of Conference) October 5-6
CIA Exam Preparation Course
October 5 (11:30am - 4:30pm)
Junior Auditor Training Program
October 8 (1:00pm - 5:00pm)
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IIA Calgary Training Schedule and Academic Corner
June Luncheon
#
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Date
6/18/2014
11:30 - 1:00 PM
Event Topic
June 2014 Luncheon - A
Day in the Life of a
Hacker
Speakers
Tony Arthur
Location
with
Address
Fairmont
Palliser
CPE
Yes/No
1.5 CPE
Last Date to
Enroll
Website Link to
Enroll
June 18, 2014
See Calgary
chapter website
for details
IIA Canada Webinars and ELearning
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Date
1 6/10/2014
1:00 - 2:30 PM
2 6/26/2014
12:00 - 4:00PM
3 9/22/2014
12:00 - 4:00PM
Event Topic
Delivering the Value in 'Value for Money' Audits June Free to Members Webinar
Delivering the Value in 'Value for Money' Audits. This webinar will
highlight the importance of Value for Money (VFM) auditing. It will
also discuss internal audit's unique position to use VFM to provide
further value. The hosts will explore key considerations to maximize
the benefit of your VFM audits. Finally, the webinar will feature
examples from the Government of Ontario, Canada.
Introduction to Internal Audit via ELearning
E-Learning - Assessing Risk and Ensuring Internal Audit's Value
This interactive elearning session will be held over 4 afternoons,
equivalent to a 2-day course, and earning 16 CPE credits. Participants
should have knowledge of common risk management frameworks
(such as COSO, CoCo, or Cadbury) and at least two years’ experience
in internal auditing. This course provides practical insights relating to
contemporary best practices of risk assessment activities and allows
participants to apply what they have learned so that they can
implement risk assessment activities at their organization.
Speakers and Website Link to
Enroll
Speakers: Brian Bost, KPMG and
Rick Kennedy, Ontario Internal
Audit Division
https://chapters.theiia.org/IIA%2
0Canada/Events/Pages/Free-toMembers-June-10-Webinar.aspx
https://chapters.theiia.org/IIA%2
0Canada/Events/Pages/Introducti
on-to-Internal-Audit.aspx
The session will be led by the
dynamic Canadian instructor,
Rosemarie Chinchilla.
https://chapters.theiia.org/IIA%2
0Canada/Events/Pages/Elearning---Assessing-Risk-andEnsuring-Internal-Audit'sValue.aspx
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CIA Exam Preparation Program
IIA’s CIA® Exam Review Online Part 3: Internal Audit Knowledge Elements
40 Hours IIA Member Fee: US$970+shipping
Non-member Fee: US$995+shipping
Online June 15 - August 31
Visit conted.mtroyal.ca/auditor or call 403.440.6636 to Learn More!
Mount Royal University - CIA Exam Review Program Spring/Summer 2014
The Certified Internal Auditor (CIA) is the only globally accepted designation for internal auditors and is the
standard by which internal audit professionals demonstrate their knowledge and competence in the areas of
governance, risk and control. Offered by Mount Royal in association with the Institute of Internal Auditors (IIA)
and Northern Illinois University (NIU), this new three-part online CIA review program teaches the entire CIA
syllabus and is based on The IIA's CIA Learning System, a premier -quality professional development and exam
preparation program.
In this 100% online review course, the CIA Review Learning System print and online materials are combined with
practical examples from NIU's College of Business faculty to provide a well-rounded learning
experience. Upon completion of the program, candidates are not only ready to take the exam, but
apply newfound knowledge into their day-to-day business environment.
Registration opens June 9, 2014
Please Click Here for More Details
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Call for Speakers
2014-15 Luncheon/Sunrise/Sunset Events
The IIA Calgary Chapter is looking for speakers for its 2014-15 Luncheon/Sunrise/Sunset Sessions. Are you
interested in speaking to the Calgary internal audit community on a topic relevant to internal audit? Have a
wealth of information you’re itching to share? If so, read on!
AUDIENCE
Sessions are attended by 25-50 internal auditors of all levels, from junior auditors to Chief Audit Executives.
SESSION FORMAT
The session opens with a breakfast/lunch/drinks and is followed by a 55 minute presentation by the speaker and
a 15 minute Q&A. We provide a podium, microphone, presentation screen and projector.
SUGGESTED TOPICS
We’re open to virtually any topic that relates to internal audit. If you have an interesting perspective to share,
we want to hear it! Popular sessions in the past have focused on such diverse topics as grant and contribution
auditing, strategic direction and public policy, auditing in times of austerity, and building data value through
data governance.
Some topics suggested by attendees of previous sessions include:
 Risk-Based Audit Plan development;
 COSO 2013 framework;
 Risk assessment; and
 Compliance auditing.
Sales pitches are not permitted. This is first and foremost a learning event for our members.
SUBMISSION GUIDELINES
At a minimum, be sure to include the following information with your submission:
 Topic of discussion;
 Brief, one or two paragraph description of the presentation;
 Name of the presenter(s);
 Summary of presenter(s) qualifications;
 Any special requirements for the presentation; and
 Your preferred presentation month.
Anyone interested in speaking at IIA events, please send the submission information to Raj Devadas at
rdevadas@kpmg.ca
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Chapter Volunteer Opportunity!
This is a great opportunity to serve your local chapter, and make a difference to the growth and promotion of
the Internal Audit profession here in Calgary.
Anyone interested in volunteering for the chapter, please contact Raj Devadas at rdevadas@kpmg.ca
Chapter Sponsorship Information
The IIA Calgary chapter needs your assistance to promote a new initiative. The chapter is the sum of its
members, so in effect we need ‘us’ to help ‘us’.
The Calgary chapter exists to serve its members and promote the internal audit profession. Along with individual
members, the IIA community includes many companies. Often companies see value in aligning with their local
chapter. Companies that partner with their local chapter will be able to publicize their commitment to the
internal audit profession while actively supporting IIA members; both within their company and their
community.
As part of the Calgary chapter’s commitment to promote the profession, the chapter Board is launching a new
and revised sponsorship initiative. As board members, we are excited to take on the responsibilities associated
with coordinating sponsorship activities; however, to truly improve the probability of success we need some
help with the heavy lifting necessary to promote this new initiative.
To help with the re-launch we need your support to raise awareness within your companies. Your support may
be realized through active initiative promotion within your company, passing this email on to your CAE, and/or
countless efforts in between.
Your support in this launch is greatly appreciated. If you have any questions, please contact Raj Devadas at
rdevadas@kpmg.ca
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