ISAC
Calgary Audit Trails
OCTOBER 2014
HIGHLIGHTS
President’s Message
2
IIA Canada Chair’s Message
3
Academic Corner
IIA Calgary Training, Workshops & Webinars
Upcoming Conferences
4
How You Can Help
6
7
IIA Volunteers Needed
Did You Know?
IIA Scholarship Awards
IIA Membership Benefits
Interesting Reads
Qualification in Internal Audit Leadership (QIAL)
5 Bold Steps to Transform Internal Audit's Image
10
Who to Contact?
Chapter Officer Listing
13
“Moving Forward Together”
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8
PRESIDENT’S MESSAGE
Dear members and fellow Internal Audit professionals,
It has been a good start for your board and its committees. Our events are wellattended and we thank you for your continued support. Please visit our website for
more details on our upcoming events.
In the last two months we have conducted a one day course on Board Driven/Objective
Centric Assurance: Internal Audit Transformation Strategies to meet new and a
luncheon event on LEAN/Continuous Improvement. Both the events were well
attended.
Our members also had the opportunity to participate in the ACL Thought Leadership Round Table on Tuesday,
October 7th. The details on the round table event where IIA members could participate and learn for free was
provided to members on our website. We encourage you to check our website where we post details of all
such events.
Our summer/fall social was a success. We had approx. 60-70 members attend the social. These events
provide an opportunity for our members to meet each other, foster fellowship and network. Please drop by
for our next winter social event and get to know your Board and other Committee members.
On the membership benefits side, we are planning to have a strategic tie-up with Economical Select, one of
the leading property and casualty insurance companies in Canada. Through this partnership, we plan to
provide our discounted insurance rates available only to IIA Calgary members. Further details will be available
on our website in November 2014.
We are currently planning to hold Lean Yellow belt training in Jan 2015. This will be a two day course and we
encourage members to look out for such value added sessions which enables members and professionals to
develop and contribute to their organizations.
Please continue to check out events, news, and important announcements by visiting the IIA, IIA Canada, and
the Calgary Chapter websites. If you have any questions or feedback, please feel free to contact me at
rdevadas@kpmg.ca
Stay engaged. Stay connected.
Rajgopal Devadas, CIA
President, IIA Calgary Chapter
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MESSAGE FROM THE IIA CANADA CHAIRMAN
On October 1, 2014, Carmen Abela was appointed Chairman of IIA Canada. Carmen has been
involved in the IIA since 2002, volunteering at the Chapter, National and Global levels.
Carmen is based in Ottawa. Below is the first message from Carmen in her new role as
Chairman.
“It is with great pleasure that I take over as IIA Canada (IIAC) Chairman. I am extremely
privileged to work with and lead such a tremendous group of leaders from across the
country.
Last year in Winnipeg, leaders from the National and Chapter levels worked together to develop the first
Strategic Plan for IIAC. In so doing, we committed to some important and ambitious strategic goals:
• IIAC will be an optimal institute focusing on unique Canadian issues;
• IIAC will be the authoritative voice for internal auditing in Canada and will raise the profession’s profile
to key stakeholders;
• IIAC will be the institute of choice for Canadians for learning and development in internal auditing,
governance, risk and control;
• IIA Global, National and Chapter leaders will work as a unified community to bring the best value to
our members; and,
• IIAC will be financial sustainable with an appropriate funding model to carry out strategic initiatives.
Since then, thanks to the hard work and passion of our volunteers and our staff, we have accomplished an
enormous amount, building IIA Canada and generating value for our members. Of note are the great
advancements we’ve made in advocating for our profession. In addition to the publication of Canadian
thought leadership, we have built strong relationships with government stakeholders, with the Canadian
community of corporate directors (through the Institute of Corporate Directors and the Directors College) and
with other significant players such as CPA Canada. As well, our education team has made great strides in
developing and customizing Canadian educational content. The extraordinary success of our most recent
national conference in Ottawa is a testament to the value of coming together to network and develop as a
Canadian community.
Lastly, we have put in place a number of internal processes to support good
governance and management.
But our work is not yet done! On Saturday, October 4, National and Chapter leaders met again – this time in
Ottawa – to revisit our strategic plan and to discuss priorities for the coming year. While specific operational
plans are being finalized, our directions for this year include the following:
• To continue to build an optimal institute and a unified IIA community that is financially sound, we will
finalize the IIA Canada business management framework, defining the Canadian business model and
service delivery mechanisms in support of excellent service to our members.
• To advance our advocacy efforts, we will continue to invest in thought leadership and expand the
scope of our outreach to include the financial sector;
• To support the professional development of our members, we are in the design stages of the Canadian
Centre for Government Auditing and are investing in leadership development programming for
Canadian internal auditors.
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All of these priorities are complex and require hard work on the part of volunteers and staff at the local,
national and global levels. Yet, while complexity is high, so also is the value that will come from these
investments. I am confident that we have the right momentum and the right team to make it happen!”
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ACADEMIC CORNER
IIA Canada Webinars and Seminars
#
Date
Event Topic
1 11/1/2014 12:00
AM to
12/15/2014 12:00
AM
Mount Royal University - IIA CIA Exam Review Part 2 - Internal
Audit Practice (Online)
2 11/4/2014 8:30 AM
to
11/7/2014 4:30 PM
IIA Canada Seminar Week in Edmonton
3 11/24/2014
12:00 PM
to
4:00 PM
Introduction to Internal Audit November Session (Webinar)
4 12/9/2014
1:00 PM
to
2.30 PM
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.
In partnership with the IIA Edmonton Chapter, IIA Canada is proud
to present its Fall Training Week in Edmonton, Alberta! Come join
us for a high caliber, multi-track training opportunity presented indemand sessions by qualified IIA instructors that promise to help
you build the capacity and expertise of your internal audit
function.
Back by popular demand! This is a great introductory course and
fills up quickly. Created specifically to provide an introduction to
internal audit in Canada, providing background and context on the
role of internal audit, key influences on the practice, and
foundational concepts.
'Audit Committee Reporting' with Mike Gowell (Webinar)
To help audit leaders successfully engage executives and audit
committee members this webinar will review the results of the
latest technology surveys, interviews with CAEs and best practices
from over 2,000 technology implementations to share trends, best
practices, critical success factors and tips for enhancing your audit
committee relationships and reporting.
Speakers and Website Link to
Enroll
https://chapters.theiia.org/calgar
y/Events/Pages/Mount-RoyalUniversity---IIA-CIA-ExamReview-Online-Part-2---InternalAudit-Practice.aspx
https://chapters.theiia.org/IIA%2
0Canada/Events/Pages/IIACanada-Seminar-Week-inEdmonton.aspx
Rachael Golembuski
https://chapters.theiia.org/IIA%20
Canada/Events/Pages/Introductio
n-to-Internal-Audit-NovemberSession.aspx
Mike Gowell
https://chapters.theiia.org/IIA%2
0Canada/Events/Pages/WebinarFree-to-Members-'AuditCommittee-Reporting'-withMike-Gowell.aspx
IIA Upcoming Global Conference right at our Doorstep (almost)!
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The IIA's 2015 International Conference
The 74th annual IIA International Conference will be held in Vancouver, from July 5-8, 2015. Here at the
conference, we will embark on an educational journey rich with insights for internal auditors at every level.
Expand your network with 2,000+ peers from more than 100 countries, deepen your knowledge of internal
audit, and experience the sights and multicultural offerings of British Columbia as we explore “Mountains of
Change…Oceans of Opportunities.”
Additional details will be available soon (https://ic.globaliia.org/). In the meantime you are invited to contact
us with any questions at international.conference@theiia.org.
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HOW YOU CAN HELP
Call for Speakers
2014-15 Luncheon 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;
• Lean/Continuous Improvement;
• Risk and Auditing in different industries and
• Project Audit Reviews.
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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With 180,000 members in nearly
190 countries, the IIA provides
dynamic leadership for the global
profession of internal auditing. In
Calgary, our Chapter is 650
members strong.
Volunteers play a key role and the
contributions they make, impact the
day-to-day functions of internal
auditors, as well as shape the future
of the internal audit profession.
Our local chapter is looking for great professionals like you
to join us in making 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
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DID YOU KNOW?
IIA CALGARY CHAPTER SCHOLARSHIP RECIPIENTS
In the Fall of 2014, 2 scholarships were awarded on behalf of IIA Calgary Chapter to students at the Mount
Royal University. James Brine and Terra Fillmore each received a bursary of $500, amounts approved by the
IIA Calgary Board. The recipients of these awards were selected based on financial need and academic merit,
as determined by the Scholarships Foundation of Mount Royal University.
IIA MEMBERSHIP BENEFITS
If you have ever wondered what benefits you stand to gain, from being a member of the IIA, check out the
advertisement on the following page for more information.
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INTERESTING READS
Qualification in Internal Audit Leadership (QIAL)
Building the Leaders of Tomorrow, Today.
Today, growth and change in the internal auditing field is demanding a new type of leader — one who drives a
high performing audit team while delivering value by consistently addressing stakeholder needs, top-down
risks, and expectations of an evolving marketplace. The IIA has developed the Qualification in Internal Audit
Leadership™ (QIAL™) to support you on this journey to be the next generation of visionaries for the
profession.
So whether you’re an aspiring leader or an audit executive (AE), the QIAL is the right qualification for the
next stage in your career progression.
Addressing the MUST-HAVE Skills for a Successful Leadership Role
QIAL Skill Focus
Internal Audit Leadership
Organizational Leadership
Ethical Leadership
Innovation and Change
Leadership
Skills Mastered
Leading staff, resources, strategy, planning, and quality assurance
Providing insights into organizational governance, risk, and control and
influencing corporate thinking
Championing professional conduct standards, stewardship of resources, and
social responsibility
Effecting change and process improvement while adopting leading practices in
internal audit
Is This for Me?
If you are aspiring to be a leader in your organization or looking to add credibility to your current leadership
role with stakeholders and peers, the QIAL will help you build and enhance skills to further establish your
credibility as a leader of the future.
Aspiring Leader – New Leader
The QIAL empowers talented aspiring internal audit leaders to achieve their full potential by demonstrating
skills proven to be key indicators of success specific to internal audit leadership.
Experienced Leader
The QIAL helps position current audit executives as leaders of the future who embody the ethics and possess
the innovation and strategic thinking ability to face the evolving landscape of risk. QIAL will sharpen the
essential skills that have brought you success and develop new ones to solidify future achievements. The
program is customized based upon interests and years of experience.
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Eligibility Requirements and Steps to Achieving the QIAL
The QIAL is for Aspiring Leaders, New Leaders and Experienced Leaders. Candidates must be accomplished in
their current position to enter the QIAL program.
Find the QIAL Pathway that meets your level of experience below:
For additional eligibility information, expanded eligibility definitions, and information on the new
Experienced Instructor Path, visit the Eligibility Requirements page.
QIAL Method and Steps to Achievement
As a QIAL candidate, you’ll work with an assigned panel of accomplished senior audit executives to give you
highly focused feedback and coaching. You’ll make a presentation based upon case information or your own
experiences. The knowledge and skills you develop are directly linked to The IIA’s latest Competency
Framework. Although in-person sessions are beneficial, if schedules don’t permit, web-based meetings are
available.
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Methodology Description
QIAL
Methodology
Three Case Studies
Portfolio of
Professional
Experience
Presentation
Interview
Description
Time
Candidates critically analyze an extensive set of complex
information and produce a written response providing penetrating
insights for a senior-level audience.
3 – 4 hours
per case study
Experienced AEs may opt to replace the three case- study exams
and document their own professional experience with supporting
evidence.
Candidates present to a senior-level panel on a set topic followed by
20 minutes
a question and answer session.
A panel interview draws upon personal and professional experience. 90 minutes
QIAL Investment
Member
Non-member
Application
Case Study (or experience portfolio) unit 1
US$250
US$450
US$300
US$600
Case Study (or experience portfolio) unit 2
Case Study (or experience portfolio) unit 3
US$450
US$450
US$600
US$600
US$950
US$1,450
US$1,150
US$1,750
Presentation
Interview
Access CCMS to begin the application process or contact QIAL@theiia.org for more information.
5 Bold Steps to Transform Internal Audit's Image
The IIA July 2014 Pulse on the Profession report shows feedback from 4 separate surveys of internal audit
customers completed in the first half of 2014 including a survey conducted by IIA Global. The results are
consistent and indicate significant and recent drops in internal audit customer satisfaction.
Over the years, Richard Chambers (President & CEO of the IIA) has addressed many internal audit audiences
around the world on the importance of aligning with stakeholder expectations. He often closes his message
by encouraging chief audit executives (CAEs) and internal auditors to shed the image of fault-finder and
traffic cop (images for which too many suffer), and become trusted advisors who provide insight and
foresight – not just hindsight. When he finishes delivering his message, the question is invariably asked:
"How do I start?"
In this article, Richard Chambers provides good suggestions on just how you can begin to build up and
sustain a positive image for your internal audit department. Read more at https://iaonline.theiia.org/5
-bold-steps-to-transform-internal-audit-image
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WHO TO CONTACT
IIA Chapter Office Bearers for 2014-15
Name
Raj Devadas
rdevadas@kpmg.ca
Shawn D’Costa
SDCosta@precisiondrilling.com
Jean-Sébastien Jetté
JS.Jette@snclavalin.com
Bonnie Yan
Bonnie.Yan@altagas.ca
Igor Khitrov
IKhitrov@trican.ca
Alain Groeme
alaingroeme@yahoo.ca
Junaid Sadiq
jsadiq@deloitte.ca
Malou Pallorina
Malou.Pallorina@brionenergy.com
Teresa Kiu
teresa.kiu@gmail.com
Adugnaw Anteneh
adugnaw@accamail.com
Etienne Poulin
epoulin@trican.ca
Anthony Jankowski
ajankowski@deloitte.ca
Richard Arthurs
Richard.Arthurs@AltaLink.ca
Raymond Mingle
Raymond.Mingle@altagas.ca
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Title
President
VP Administration & Operations
VP Programs
VP Communications
Bookkeeper/Accountant
Secretary
Communication
Facilities/Social
Newsletter Editor
CAP Reporting and Membership
Senior advisory committee/Board
Member
Senior advisory committee/Board
Member
Senior advisory committee/Board
Member
Senior advisory committee/Board
Member