iia coastal ga newsletter...inside auditing september 7, 2012 volume xix, issue 1 page 1 of 12...
TRANSCRIPT
Inside Auditing September 7, 2012
Volume XIX, Issue 1
Page 1 of 12
Please join the Coastal GA Chapter of the IIA on Thursday, September 20, in the
Student Union building, Room C, at Savannah State University for a 1-hour CPE
program as George Bishop, Director of IT Assurance Services for Hancock Askew &
Company, presents “The New Service Organization Controls Reporting Landscape –
What You Need to Know About SOC 1, SOC 2, and SOC 3.”
Lunch and Social 11:30 Program/Speaker 12:00 – 1:00
Director of IT Assurance Services, Hancock Askew & Company,
LLP
(770) 246-0793
George Bishop is the Director of IT Assurance Services for Hancock Askew & Company
LLP, a full service regional accounting firm with offices in Atlanta and Savannah,
Georgia. In this role he leads the firm’s IT internal audit, risk advisory, and Service
Organization Controls (SOC) reporting services. He has over seventeen years of
experience providing financial, operational, and information technology audit services.
Advising and assisting many leading organizations from a range of industries has enabled
George to develop a deep understanding of business processes, operational control, and
risk management principles.
George began his career with Coopers & Lybrand (now PricewaterhouseCoopers LLP) as
a financial auditor, leading financial statement audits of both public and privately held
companies. Later with PwC and with Ernst & Young LLP, he focused on IT Assurance
Services, directing large engagement teams during IT and business process control
projects, and served as an international Audit Quality Reviewer and as a leader in the
development of SOC examination methodologies and training programs. More recently
George led his own successful IT Advisory practice.
Currently George helps Hancock Askew clients identify and evaluate IT risk, implement
cost-effective controls and monitoring strategies, improve execution and performance,
and provide assurance to their customers and other external parties. Some example areas
Inside Auditing September 7, 2012
Volume XIX, Issue 1
Page 2 of 12
where he and Hancock Askew provide assistance include SSAE 16/SOC examinations,
IT risk management and internal audit co-sourcing and augmentation, compliance
examination readiness assessment and remediation, and design and execution of controls
testing programs (e.g. for Sarbanes-Oxley).
George holds a master’s degree in Professional Accountancy from Georgia State
University and a bachelor’s degree in Management from Georgia Tech. He is both a
Certified Public Accountant (CPA) and Certified Information Systems Auditor (CISA).
The cost is $20 for members, $25 for non-members, and $12 for students and retirees.
The cost for IMA and GSCPA members is $20. Lunch will be served.
We will meet in the Student Union building, Event Room C (2nd
floor), at Savannah State
University. (See campus map)
From I-16: Take Exit 165 to merge onto GA-204 West toward 37th Street/Abercorn
Street (.9 miles). Turn right onto Martin Luther King, Jr. Boulevard (.3 miles). Turn left
onto W Victory Drive (2.7 miles). Turn right onto Skidaway Road (1.0 miles). Take
slight left onto La Roche Avenue (.1 miles). Take the first left onto N Tompkins
Road/Tompkins Heights. The guard at the entrance gate can give further directions to the
Student Union building. Parking is available in front of or on the side of the Student
Union building.
The deadline for registration is Monday, Sept. 17th at 12:00 p.m. Payment is due the day
of the event. Please make checks payable to the Coastal GA IIA. Cancellation must be
made within 72 hours of the event or registrant may be charged the full amount for the
event.
You may register for the meeting by visiting the Coastal Georgia Chapter’s website at
www.theiia.org/coastalgeorgia.
Inside Auditing September 7, 2012
Volume XIX, Issue 1
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President’s Message Coastal Georgia Chapter Members:
I cannot believe it’s already September! Kids are back in school,
football is underway, and it is time to kick-off our Chapter year!
This month, George Bishop, Director of IT Assurance Services for
Hancock Askew & Co., LLP, will discuss “The New Service
Organization Controls Reporting Landscape – What You Need to
Know about SOC 1, SOC 2, and SOC 3.” Join us on Thursday,
September 20, at the Savannah State University’s Student Union.
Please see the meeting announcement in this newsletter for more
information.
I would like to welcome our newest chapter member, A’ja Hollins-Wallace with the City
of Savannah. Welcome A’ja!
If you are interested in hearing a particular speaker or topic, please contact Lora Jex,
Programs Chair.
Please remember to RSVP at our website no later than Monday, September 17, at 12 pm,
to ensure we have an accurate headcount for catering.
Lastly, I want to encourage each of you to find a way to get involved with our chapter. It
may be as simple as coming to our monthly meetings or volunteering on an ad hoc
committee.
Sincerely,
Wendy McMillan, CIA, CFSA, CRMA
President
Institute of Internal Auditors, Coastal Georgia Chapter
Wendy McMillan
Inside Auditing September 7, 2012
Volume XIX, Issue 1
Page 4 of 12
Certification News
FAST APPROACHING - Closing Date for CRMA® Professional Experience Recognition
The Professional Certifications Board of The Institute of Internal Auditors (IIA) has
announced the closing date for the Professional Experience Recognition (PER) period for the Certification in Risk Management Assurance™ (CRMA®).
The CRMA is one more mark of professional distinction for internal audit practitioners. Earning the CRMA will assist you in demonstrating your ability to:
Provide assurance on core business processes in risk management and governance.
Educate management and the audit committee on risk and risk management
concepts. Focus on strategic organizational risks. Add value for your organization.
In North America the PER period will close on September 30, 2012. PER candidates must have applied and paid the application fee by this deadline. All qualifying documentation must be submitted by no later than October 31, 2012.
Individuals interested in obtaining the CRMA during the PER must achieve a minimum of 155 points on the application in the areas of education, certifications held, and experience in the five domains of CRMA. Additional information on CRMA PER requirements can be located on The IIA’s global website.
Administration of the CRMA exam will begin in the 3rd quarter of 2013.
Inside Auditing September 7, 2012
Volume XIX, Issue 1
Page 5 of 12
Certification News (continued)
CIA 2013 Transition
IIA Global Headquarters announced earlier this year the impending changes to the
Certified Internal Auditor® (CIA®) program scheduled for 2013.
As the result of findings from a Job Analysis Study (JAS) for the CIA program conducted
in 2011, the Professional Certifications Board (PCB) and the Board of Directors of The
IIA have approved two key changes to the program. The JAS determined that the body of
knowledge related to the profession of internal auditing has changed since the last exam
content update in 2004, and therefore needs to be adjusted to reflect those changes.
The first change will impact the exam structure, reducing the program from four to three
exam parts. With the reduction in parts, The IIA will be eliminating the recognition credit
provision previously applicable to Part 4. The final change consists of a realignment of
the exam content outline and question count for each part. Below is a brief overview of
the new outline:
Part 1 Exam: Internal
Auditing Basics
Duration: 2.5 hours
Question Count: 125
Part 2 Exam: Internal
Audit Practice
Duration: 2.0 hours
Question Count: 100
Part 3 Exam: Internal Audit
Knowledge Elements
Duration: 2.0 hours
Question Count: 100
Topical focus areas include:
• IIA Mandatory Guidance
• Internal Control and Risk
• Tools and Techniques for
Conducting the Audit Engagement
Topical focus areas
include:
• Managing the Internal
Audit Function
• Managing Individual
Engagements
• Fraud Risks and
Controls
Topical focus areas include:
• Governance
• Risk Management
• Organizational Structure and
Business Processes
• Communication
• Leadership
• IT/Business Continuity
• Financial Management
• Global Business Environment
Inside Auditing September 7, 2012
Volume XIX, Issue 1
Page 6 of 12
Certification News (continued)
The new content and three-part exam structure are scheduled to be implemented by mid-
2013. The IIA is currently working to finalize the transition process for those who are
currently in the CIA program and do not complete the program prior to the
implementation of the new structure. Additional details related to the transition process
can be found on The IIA's global website.
Inside Auditing September 7, 2012
Volume XIX, Issue 1
Page 7 of 12
The Date: Friday, October 19
Institute of Internal Auditors Time: 11:15 a.m.–1:15 p.m.
and Wesleyan College Place: Wesleyan College, Taylor Amphitheater
(Park in Lot A, next to Taylor Hall, corner of Forsyth +
Tucker Rds.)
So You Think You (Don't) Want to be an Auditor?
– Was your auditing class a blur of abstract concepts and numerous forms? – Do the concepts of “vouching” and “tracing” make your eyes glaze over?
– Do you think that all auditors do pretty much the same thing? Let five auditors give you a different view.
On Friday, October 19th from 11:15–1:15, students from all Middle Georgia colleges will have the opportunity to network with audit professionals from different fields and hear first-hand about what their jobs entail. Auditors involved in fraud and forensic auditing, IT auditing, Enterprise Risk Management, and Internal Auditing will give a “day in the life presentation” and answer any questions you may have. All are welcome to join us for light lunch refreshments and hear any or all of the speakers. RSVP's are encouraged.
“A DAY IN THE LIFE OF AN AUDITOR” SPEAKER SCHEDULE (all times approximate)
11:20 Will Hanley, Manager, KPMG (Forensic Advisory Services) Fraud and Forensic Auditing
11:50 Matt Jones, Manager, Thigpen, Jones, Seaton & Co. IT Auditing
12:20 Todd Giddens and Tim Veal, Partner and Owner, Nichols, Cauley, and Associates Enterprise Risk Management
12:50 Randy Pearman, Associate Director of Internal Auditing, Georgia Institute of Technology Internal Auditing and Fraud Examination
If you plan on attending any of the sessions, please RSVP to [email protected]
Kara Kostiuk, Academic Relations, IIA Middle Georgia
For more information about the IAA, please visit: www.theiia.org
Inside Auditing September 7, 2012
Volume XIX, Issue 1
Page 8 of 12
Chatham County Government
Inside Auditing September 7, 2012
Volume XIX, Issue 1
Page 9 of 12
Shared Internal Auditor Position
Savannah State University (SSU) and East Georgia College (EGC) are two units of the
University System of Georgia. SSU desires to expand their internal audit function and
EGC desires to establish a half-time internal audit director position. Each institution
believes that an enhanced internal audit function will support the improvement of
governance, risk management, compliance and internal controls and will increase
responsiveness to the Board of Regents and leadership. This position reports to the
President of East Georgia College on matters impacting EGC and to the University
System of Georgia Chief Audit Officer. This position also reports to the SSU Director of
Internal Audit on matters impacting SSU. (See job posting)
For more information, please contact Elaine Campbell, Director of Internal Audit &
Advisory Services at Savannah State at 912-358-4039 or
Inside Auditing September 7, 2012
Volume XIX, Issue 1
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SOUTH GEORGIA COLLEGE
Director of Internal Audit Position
Here's a great opportunity for someone to start their own audit shop at two units of the
University System of Georgia that are consolidating into one institution effective 2013.
This position will have the chance to support this consolidation effort and after the
consolidation continue with improving governance, risk management, compliance and
internal controls. The position reports to the institution(s) president(s) and also to the
University System of Georgia Chief Audit Officer (John Fuchko).
Contact Jeanne Severns ([email protected]) or John Fuchko
([email protected]) if we can answer any questions about this position for you.
(See job posting)
Inside Auditing September 7, 2012
Volume XIX, Issue 1
Page 11 of 12
Upcoming Events
IIA Coastal Georgia Chapter
Schedule of Meetings/Events
Date Meeting Topic
Location Time Speaker CPE Fee
Thursday,
9/20/12
The New Service Organization Controls
Reporting Landscape – What You Need to Know
About SOC 1, SOC 2, and SOC 3
SSU, Student Union
building, Event Room
C Campus map
11:30 –
1:00
George
Bishop, Dir., IT
Assurance, Services Hancock Askew & Company
LLP
1 hour
$20 members $25 non-members $12 students $12 retirees
October 2012
Stay tuned for more exciting speakers!
Dates are subject to change based on speaker availability.
Other Meetings/Events of Interest Date
Meeting Topic
Location
Time
Speaker
CPE
Fee
Friday, 9/21/12
The Atlanta Conference 2012 – Bridging the Gap
The Cobb Galleria
7:00 – 5:45
Various
See link
$275 members $275 non-members $75 students
Inside Auditing September 7, 2012
Volume XIX, Issue 1
Page 12 of 12
CONTACT INFORMATION – 2012-2013 OFFICERS BEGINNING JUNE 1, 2012
President Wendy McMillan, CIA, CFSA, CRMA
The Savannah Bancorp, Inc.
629-6597
Vice- President
Jeanne Conrade, CISA
St. Joseph’s Candler Health System
819-5289
Treasurer Monica Woods, CIA, CFSA, CRMA
The Savannah Bancorp, Inc.
629-6540
Secretary Susan Hacker, CPA
Armstrong Atlantic State University
BOG, Past President
Tara Daniel, CIA
Memorial University Medical Center
BOG, Past President
Kelly Crosby, CPA, CIA
Savannah-Chatham County Public School System
395-1223
BOG 2012-2015
Bev Askey, CIA
Georgia Ports Authority
963-6910
BOG 2011-2014
Al Holzinger
Words to Deeds
BOG 2010-2013
Doreen Chery, CPA, CIA
St. Joseph’s Candler Health System