The Institute of
Internal Auditors
Florida West Coast Chapter
Audit Scope
The Electronic Newsletter of the West
Coast Florida Chapter of the IIA
Providing dynamic leadership for the global profession of internal auditing
In This Issue
• A Message From Our
President (Page 1)
February 2011
President’s Message
Darren Cassels
Please click the image below to see the message:
• Upcoming Seminar
(Page 2)
• Ft. Meyers Chapter
Seminar (Page 3)
• March Events
(Page 3)
• Gleim
Partnership
(Page 4)
• Seminar Package
(Page 5)
• IPPF Update (Page 5)
• Our Sponsors (Page 6)
Job Openings:
While there are no
local openings to
share at this time,
please visit the IIA’s
Career Center:
Click Here
If you have job
openings you would
like to have posted on
our website and in
this newsletter space,
please let us know.
Contact Us
Nina Seenath, VP of
Communications
Nina.Seenath@publix.com
Scott Brown,
Newsletter Committee
Scott.N.Brown@nielsen.com
As always, feel free to email me with any comments, questions or
concerns at president@tampabayiia.org
Thanks for your support,
Darren Cassels
President,
Florida West Coast Chapter
Note: If you have difficulty viewing the video, please click here.
Our Next Seminar: Friday, February 4, 2011
Information Technology
The Tampa Club
101 East Kennedy Blvd, Suite 4200,
Tampa
Featuring
Aligning Governance, Risk, and Compliance Processes: Presented by
Lisa Young, CERT, Software Engineering Institute, Carnegie Mellon University
IT Auditing for Non-IT Auditors: Presented by Ed Tobias, IT Audit
Manager for the Hillsborough County Clerk of the Circuit Court
Business Continuity and Disaster Recovery: Presented by Steve Elliot,
President and CEO of Elliot Consulting Group
How to Perform an IT Governance Audit: Presented by Johan Lidros,
President of Transcendent Group
Click here for more information and to register
Note: Parking in the Bank of America garage is
included with your registration
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CPE Opportunity: Ft. Meyers Chapter Seminar
February 2nd - Fort Myers
Protecting Companies from Fraud and Embezzlement
Featuring a presentation by Sam Antar, a key figure in one of the largest
securities frauds of the 20th Century: the Crazy Eddie Fraud
Also presenting will be Anne Marchetti, a Sarbanes-Oxley expert, consultant
and presenter to Fortune 100 companies.
The Ft. Meyers chapter is offering this event for $120 for IIA members. Click here to get additional
information and to register for this event.
March 8th: The Frank-Dodd Act
Mark your calendar for March 8th. Pat Mitchell, a Managing Director with
Protiviti, will share important information about the Frank-Dodd Act,
particularly as it relates to financial services internal auditors.
The Frank-Dodd Act is a 2,300-plus page piece of legislation, which calls
for as many as 350 new regulations, 47 studies and 74 reports.
This event will be at the historic Columbia Restaurant in Ybor City and
we will enjoy dinner prior to Pat’s presentation
The event will begin at 6:30PM and, thanks to a sponsorship by The
Nielsen Company, we will be able to offer dinner and 1 hour of CPE for
just $35.
We will send a notification when this event is open for registration on the
IIA website.
March 25th: Quality Assessment Review
On March 25th, we will make available a limited-seating seminar event at Protiviti’s facility in Tampa.
Steve Hooper, a Senior Auditor from the Hillsborough County Clerk of the Circuit Court, will present
the topic of Quality Assessment Reviews. The Quality Assessment Review process allows an internal
audit function to measure itself against organization policies, stakeholder expectations, and industry
best practices.
This will be a full-day seminar and we will send a notification when this event is open for registration
on the IIA website.
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Gleim Partnership
Last month's article highlighted the importance of being in
control when preparing for the exam. This article provides
examples of how to remain in control on exam day.
Dress for Success. When taking the exam, dressing for
success means wearing comfortable clothes.
Sweats,
shorts, and jeans are very appropriate. Wear several
layers so you can add or remove clothing to adjust
accordingly for the temperature in the testing room.
Put Down the Books. It is tempting to bring notes, texts, other books, etc., to the exam. Avoid this trap, as
you will only make yourself nervous and confused by trying to cram during those last few minutes before
your exam. Be confident your review program thoroughly prepared you for this day.
Be Early. Arrive at least 30 minutes before your scheduled appointment. Plan ahead for the day of the
exam to avoid the stress of being rushed and the possibility of not making your appointment. You do not
want to be forced to reschedule and delay your ability to take future parts.
Test Day Essentials. Take your Authorization to Test notification from The IIA, your appointment
confirmation letter from Pearson VUE, and at least one valid form of identification with you. If you do not
present acceptable identification and the required paperwork, you will not be allowed to take your exam,
your registration will be voided, you will forfeit your exam registration fee, and you will be required to reregister and pay for that exam part again in order to sit for it in the future.
Exam Time. Once you have checked in and are ready for the exam, read the exam instructions carefully.
View the tutorial to ensure that you are familiar with how to navigate through the exam. Remember, Gleim
CIA Review emulates the exam environment, allowing you to concentrate on answering questions and
maintaining time management.
Execute Your Game Plan. Answer the 100 questions in chronological order, but flag any questions that you
wish to review later. Utilizing the time management system that you practiced during your exam
preparation, answer every question and then use your remaining time to carefully review each question
you flagged. If you made an obvious mistake, e.g., misread the question, make the correction. Do not,
however, begin second-guessing yourself and changing answers.
Remember, as a Florida West Coast Chapter member, you will receive a discount on Gleim material. Gleim
has been helping CIA candidates pass the CIA Exam since 1980.
Contact Melissa at 800.874.5346, ext. 131 or melissa.leonard@gleim.com to take advantage of your
chapter discount or if you have any questions.
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2010-2011 Seminar Package Plan
Even as we pass the half-way point in the chapter year, your audit shop
can still save on CPE costs by taking advantage of the "3 for $333"
package.
hour, it's still the best deal in town.
We also continue to offer the four-seat package at $395 for members,
which is an exceptional CPE value. The price of $395 includes admission
to each of the Chapter’s four 8-hour CPE seminars, including lunch,
continental breakfast, and two refreshment breaks At $12.34 per CPE-
We realize that staff availability and CPE needs vary over the course of a year, so our program is not
“individual specific.” Your organization is purchasing “spaces” at each of the seminars that may be used by
the same individual or several people over the course of the year’s four seminars.
IIA members and non members not enrolled in any of the corporate/advance plan will be charged $200,
per 8-hour seminar. This is a change in policy from 2009-10. The IIA member benefits from the savings
on the Advance plans. Click here to sign up for this great deal!
International Professional Practices Framework
The International Professional Practices Framework has been updated, with the
revised Standards becoming effective January 2011. The January 2011 issue of
IIA Today includes an article discussing the revision. The introduction of this
article is excerpted below, with the full article available here (member login
required).
“The practice of internal auditing is changing continuously. Following the
passage of the U.S. Sarbanes-Oxley Act of 2002, many internal audit
practitioners put operational and risk-based auditing on hold to focus primarily
on financial controls and compliance efforts. Now, as organizations' wellestablished processes and procedures are addressing their Sarbanes-Oxley
compliance needs effectively, auditors have returned their attention to conducting proper risk assessments
and performing operational auditing that covers an array of areas, not just financial controls
To keep up with the profession's constant state of fluctuation, the framework that guides the practice of
internal auditing around the world must be reviewed and updated constantly. That's why The IIA's
International Professional Practices Framework, which includes the International Standards for the
Professional Practice of Internal Auditing as well as several other mandatory and strongly recommended
guidance items, was recently revised and re-released.”
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Our Sponsors
Thank you to the following organizations for their financial support of our chapter during the 2010 – 2011
chapter year:
Full-Day Seminar Sponsors: Thank you to The Nielsen Company and to Ernst & Young for sponsoring
our December 2010 and April 2011 seminars, respectively. Please click on the logos below to visit their
websites.
Social Event Sponsor: Thank you to Vaco for sponsoring our social events. Please click on the logo
below to visit the website of their local office.
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