iia: rochester · cpe training events, which makes joining the iia not only risk adverse, but also...
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October 2011
In Every Issue Upcoming Programs
National Spotlight
What’s New
Officers, Board of Governors & Committee Chairpersons
Job Opportunities
CIA Study Materials
Member Exchange
The Common Body of Knowledge (CBOK)
Contact Us & Learn More
Rochester Chapter IIA website
IIA: Rochester CHAPTER NEWS
Professional Ethics Please join us for a dynamic speaker, Bill Grieshober, while satisfying your NYS ethics CPE requirements. This training will provide a good overview of professional ethics including defining personal, professional and organizational ethics, analyzing organizational ethics vs. moral choices, as well as outlining the requirements from the professional organizations (AICPA, NYSSCPAs, IIA).
When: Thursday, November 17, 2011 Time: 7:30 AM - 12:00PM (7:30 sign-in and breakfast)
(includes breakfast - Scrambled eggs, pepper & onion potatoes, bacon, sausage, fresh fruit bowl & continental pastries, with assorted juices, teas & coffee service served pipin’ hot at 7:30am)
Where: Mario's Restaurant 2740 Monroe Avenue Rochester, NY www.mariosviaabruzzi.com
Cost: $60 IIA and NYSSCPA members $80 Non-members $25 Full-Time students
CPEs: 4 (four) Ethics CPE hours Registration: http://www.suretomeet.com/exec/gt/event.h,event=ebcb0004be6e
Speaker: WILLIAM E. GRIESHOBER, M.Ed., M.S., CIA, CPA William E. Grieshober has been a small business advisor in the School of Professions at Buffalo State College in Buffalo, New York for the past twelve years. Prior to this he has been a Chief Executive Officer, a VP of Finance and a Corporate Controller as well as an Internal Auditor. Bill has had many years experience in the auditing field, including three as the Director of Corporate Audit Services at a major food manufacturing company where he was responsible for their domestic and international audit functions. He has also held positions with a golf manufacturing and retailing company, a direct mail marketing company, an agricultural equipment manufacturer and a public accounting firm. He has served for over twenty-eight years as an adjunct faculty member with the Institute of Internal Auditors and has presented business subjects all over the world. Bill received his Bachelor of Science in Accounting from Gannon University and A Master of Adult Education from Penn State. He has also received a Master of Science in Creative Studies, Creativity and Change Leadership from Buffalo State College – State University of NY. Bill is a member of the American Institute of Certified Public Accountants, and the Pennsylvania Institute of CPA’s. He is a Certified Public Accountant, a Certified Internal Auditor, a Certified Cost Analyst and a Certified Business Advisor.
Upcoming Program
October 21, 2010
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Chapter Officers
President
Joel Barrett
Vice-President: Program
Lori Flaherty
Vice-President: Communications
Sam DeLucia
Treasurer
Peggy Beaty
Secretary & Historian
Natalie Kinslow
Board of Governors
Bernie Allen – Chairman
Susan Deasy
Pat Didas
Scott Donovan
Tim Hungerford
Jeff Kyles
Dolores Pasto-Ziobro
Lindsay Prichard
Michelle Prichard
April Purdie
Matt Taylor
Maria Washington
Jason Wood
CNY IIA & ISACA Present: A Joint Fall Seminar When: Wednesday November 16, 2011 Time: Session 1: 10:00am -- 11:45pm (Registration 9:45am) Lunch: 11:45am -- 12:30pm (sandwich, chips, soda) Session 2: 12:30pm – 4:00pm (Registration 12:15pm) Where: Community Bank System Inc.
5790 Widewaters Pkwy Dewitt, NY
Cost: Session 1 Session 2 $30 members $60 members $40 non-members/guests
$15 students/retirees $80 non-members/guests $30 students/retirees
Both Sessions $75 members $100 non-members/guests $35 students/retirees
CPEs: Session 1 qualifies for 2 CPE credit hours in the area of auditing. Session 2 qualifies for 4 CPE credit hours in the area of auditing. Session 1: Efficient Audit Tools for Managing a Small Department – A Case Study
Session 2: Financial Application Controls and Excel Spreadsheet Controls
To register contact: Lynn Wilber, [email protected], or 315-448-7298 Registration Deadline is November 9, 2011. Make checks payable to CNYIIA and mail to the following: Lynn Wilber Columbian Mutual Life Insurance Co. PO Box 5000 Syracuse, NY 13250-5000
Cont. next page
OFFERING PROGRAMS AND ACTIVITIES THAT BENEFIT MEMBERS AND BROADEN THEIR SCOPE OF PROFICIENCY IN THE
MODERN INTERNAL AUDITING PROFESSION.
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Committee Chairpersons
Newsletter/Editorial
Sam DeLucia
Long Range Planning
Scott Donovan
Program
Lori Flaherty
Academic Relations
Michelle Prichard
Attendance/Hospitality/
Membership
April Purdie
CIA Program
Tim Hungerford
Web Administrator
Sam DeLucia
CAP
Dolores Pasto-Ziobro
2011 – 2012 Rochester Chapter President’s
Message The success of Rochester’s Institute of Internal Auditor’s Chapter is a testament to the strength and maturity of the Professional Practice of Internal Audit locally and a testament to the benefits of internal auditing, risk management, governance, internal control, information technology audit, and security for our global business community, without which we would not have measures to audit against. The Rochester Chapter provides some of the most innovative and relevant training the profession has to offer, which is continually updated based on the feedback of our members and attendees, which we strive to meet the needs of. The Rochester Chapter provides annually nearly forty hours of continuing professional education (CPE) credits, which satisfies the CPE requirements for the Certified Internal Auditor and Certified Public Account. Members of the IIA receive a significant discount at each of our local CPE training events, which makes joining the IIA not only risk adverse, but also economical. As a member you’ll receive not only discounts to local training, but also the benefits of a 170k member global organization, such as connecting to a Network of Professionals, World-Class Training Opportunities, Certification Opportunities, Professional Knowledge Sharing, Professional Guidance, Leadership Development, Books and Research and Job Opportunities. In addition to providing training, we also provide assistance to join our organization, gain an IIA sanctioned certification (CIA, CCSA, CFSA, or CGAP) and have in-roads to area colleges to connect with and leverage the auditors of tomorrow. We perform all of our local activities with an executive volunteer group of 18 individuals, which is comprised of board members and officers. We are additionally supported by an informal volunteer committee, but are always looking for new volunteers, officers and board members to assist in expanding our organization’s reach and vision. As my first year as the Rochester Chapter’s President I look forward to meeting the needs of our members and personally meeting and getting to know as many of you as possible, so please feel free to reach out to me with ways to make our organization better, ways to be active and volunteer or to just connect. Looking forward to a great year and thank you for the continuing support!
Best Regards, Joel Barrett , CIA
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Chapter Achievement Program (CAP) By Dolores Pasto-Ziobro, CAP Chair The Rochester Chapter participates in the CAP program operated by the Institute of Internal Auditors. There are three program categories – Service to Members, Service to Profession, and Chapter Administration. Chapters work to achieve one of three performance levels – Bronze, Silver, or Gold. The Rochester Chapter has reached the gold level for the past 6 years due to strong leadership and active members. Each year our chapter leaders use the CAP activity chart to assist with planning activities, monitoring progress, and reporting. Members like you help the chapter achieve its goals through committee participation, attendance at educational programs & socials, giving audit-related presentations, and other activities. Please let me know if you give a presentation on an audit related topic so we can report this for CAP points. If you are interested in learning more about the program and how you can help the chapter accomplish its goals please contact me at [email protected] or 292-2158. Here’s to the GOLD!
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CAP Update
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Certification Requirements
Continuing Professional Education (CPE) credits are required for the certifications mentioned below. There is a certification section on the IIA website to report CPEs and therefore keep your license current. PLEASE BE SURE TO CHECK YOUR STATUS AND HISTORY at www.theiia.org. If you have a certification not governed by the IIA, please verify the requirements with that governing body.
Certification
Governing Body CPE Requirements
CPE Reporting Requirements/ Reporting Website
CIA IIA 80 hours every 2 years - Membership ID’s ending in an even number: reported in even years by May 31
st for the
previous 2 calendar years. - Membership ID’s ending in an
odd number: reported in odd years by May 31
st for the
previous 2 calendar years. www.theiia.org
CGAP IIA 40 hours every 2 years See CIA reporting requirements. If the individual is also a CIA, can report CGAP and CIA CPE totals together under the CIA designation.
CFSA IIA 40 hours every 2 years See CIA reporting requirements. If the individual is also a CIA, can report CFSA and CIA CPE totals together under the CIA designation.
CCSA IIA 40 hours every 2 years See CIA reporting requirements. If the individual is also a CIA, can report CC SA and CIA CPE totals together under the CIA designation.
CFE ACFE 20 hours every year - 10 hours must be
fraud training
- 2 hours must be ethics training
* May carry up to 10 hours of CPE credits earned in excess of the requirement in the previous year over to meet current year requirements.
Required to affirm compliance with CPE requirements for the previous calendar year by February 28
th of the
following year. www.acfe.com
CPA NYSSCPA 40 hours every year in any recognized subject area
- 4 hours must be completed every three years.
Required to affirm compliance with CPE requirements for the registration period that is ending on the registration renewal document. www.op.nysed.gov
CISA ISACA 20 hours in any single year AND 120 hours
every 3 years
Must be reported by January 15th
for the year or 3 year period. www.isaca.org
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Member Sponsored Programs & Activities
Save e Date
If you give a non-paid audit-related presentation, please contact:
Dolores Pasto-Ziobro
(585) 292-2158
This will help the Rochester Chapter reach GOLD status.
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IIA Bookstore:
http://www.theiia.org/bookstore/
Member Sponsored Programs & Activities
Membership Benefits:
Any Changes to your Profile?
Please Update!
If you have moved in the past year or have changed email addresses, please update your profile on the IIA website. Please follow the steps below to verify/update your profile today. Thank You! 1. Go to www.theiia.org 2. Log in (left side of the screen) 3. Click Update Your Profile (left side of screen) 4. Click Edit and make changes then hit Save (Note: You will have to log in with your IIA membership # and password)
International Professional Practice Framework 2011 The Institute of Internal Auditors' (IIA's) International Professional Practices Framework (IPPF) is the authoritative guidance on the internal audit profession. The IPPF presents current, relevant, internationally consistent information that is required by internal audit professionals worldwide.
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September 28
Enterprise Risk Management
Mario's Restaurant
2 Jim Brennan &
Joel Barrett
October 3 Student Night at RIT
Bamboo Room at the RIT Campus Center
1 Pat Didas
November 17
Professional Ethics Mario's
Restaurant 4
William E. Grieshober
December 15
IT Auditing Kodak 4 TBD
January Fraud Awareness &
Investigation TBD 4 TBD
February Fraud Mystery Night
(Paired with IMA) TBD 3 TBD
March Supply Chain (Joint
with the IMA) TBD 8 TBD
April IIA Seminar joint with
Buffalo TBD 8 TBD
May TBD TBD TBD TBD
Program Schedule
Please Review this Schedule and Save the Date for the Next IIA Program!
Training Uplink
www.theiia.org/iia-training
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Conferences
Save e Date
!
The IIA’s 2012 International Conference continues the tradition of offering a world-class professional
development opportunity featuring educational sessions led by respected keynote and concurrent session
speakers and unlimited networking opportunities.
Save e Date
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2011 IIA Conferences November 6 – 9, 2011 Central Regional Conference Sheraton Station Square / Pittsburgh, PA Register before August 31 and save US $100.
2012 Conferences
March 19 - 21, 2012 General Audit Management Conference Gaylord Palms Resort & Convention Center / Kissimmee (Orlando), FL IIA Members: Register before November 4 and save $300! April 11 - 13, 2012 Gaming Conference MGM Mirage / Las Vegas, NV, USA IIA Members: Register before November 25 and save $200! July 9 - 11, 2012 International Conference Boston, MA, USA IIA Members: Register by February 29 and save $600! August 20 - 22, 2012 Governance, Risk, and Control Conference The Breakers / Palm Beach, FL, USA IIA Members: Register before April 13 and save $400! September 16 - 19, 2012 Southern Regional Conference Austin, TX, USA Register by July 31 and save $100! October 9 - 11, 2012 All Star Conference Encore/Wynn / Las Vegas, NV, USA IIA Members: Register before June 1 and save $400!
Training Uplink
www.theiia.org/iia-training
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Members:
Advertising your open position is a service that the Rochester Chapter provides
as a benefit to members.
Please submit your openings to [email protected]
This month there are openings at the following companies:
Kodak ..……..……..……..………………………………. Page 12-15
Genesee Regional Bank…..………………………………. Page 16
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SENIOR AUDITOR Eastman Kodak, one of the premier information imaging companies in the world, currently has an outstanding opportunity for a Senior Auditor to work in our Global Audit Department. You will have the opportunity to serve as part of a team of professionals delivering quality service to a variety of Kodak’s worldwide entities, subsidiaries, and joint ventures. The successful candidate will be responsible for leading projects to review, analyze, and evaluate corporate processes and procedures, to ensure that adequate internal controls exist and recommend appropriate changes. This position has significant visibility and interaction with operations and finance management. You will be expected to add value for our stakeholders by providing recommendations to improve operations including capturing and promoting best practices. General Responsibilities Include:
Leading and actively working on audit engagements
Planning, assigning and supervising the daily activity and work of other auditors
Developing and maintaining productive client and staff relationships
Developing risk-based work plans and project approaches
Performing Sarbanes-Oxley (SOX) controls reviews in a fast-paced environment
Reviewing and evaluating internal controls against best-in-class standards
Consulting with clients and performing continuous monitoring activities
Preparing and reviewing audit planning documents, audit procedures, and final reports for approval by an audit supervisor and/or manager
Interacting with clients for the purpose of analyzing problems, developing alternatives, building consensus, and supporting implementation of solutions
Using project management tools to oversee project progress
Engaging in special projects on an as-needed basis
Mentoring, teaching, training and coaching staff Position Location:
Rochester, New York Travel Requirements:
25-35% international and domestic travel required Education Requirements:
Bachelors and/or Masters Degree in Accounting (preferred) or Finance or equivalent degree outside the US
Experience Requirements:
3 to 6 years of demonstrated proficiency in performing financial, operational and compliance audit work, which conforms to professional standards
Knowledge of ACL or other analytical tools to extract, analyze and manipulate data is highly desirable
Public accounting experience with a Big 4 or large regional public accounting firm is desirable
Professional certification such as CISA, CISSP, CISM, CPA, CIA is preferred
Strong/broad understanding of current accounting (U.S. GAAP) and auditing (GAAS) principles
Strong/broad understanding of internal control concepts (COSO)
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Demonstrated critical thinking and strong analytical ability
Strong communication/interpersonal skills
Pro-active, high energy and strong work ethic
Must possess tenacity to pursue difficult and sensitive issues to an acceptable conclusion
Demonstrated ability to work effectively in an independent manner
Demonstrated supervisory and project management skills desired
SENIOR AUDIT ANALYST Eastman Kodak, one of the premier information imaging companies in the world, currently has an outstanding opportunity for a Senior Audit Analyst to work in our Global Audit Department. You will have the opportunity to serve as part of a team of professionals delivering quality service to a variety of Kodak’s worldwide entities, subsidiaries, and joint ventures. The successful candidate will be responsible for leading projects to review, analyze, and evaluate corporate processes and procedures, to ensure that adequate internal controls exist and recommend appropriate changes. This position has significant visibility and interaction with operations and finance management. You will be expected to add value for our stakeholders by providing recommendations to improve operations including capturing and promoting best practices. This role offers the opportunity to be part of a team that is leading the development of a new testing and control monitoring framework, focused on population testing. General responsibilities include:
Using IT tools (ACL) and system data (SAP) to automate and streamline control monitoring
Leading and actively working on audit engagements
Proactively identifying, designing and developing data analytic reports to support audit testing, continuous monitoring, and system support
Developing and maintaining productive client and staff relationships
Developing risk-based work plans and project approaches
Analyzing data from multiple business functions and understanding the interplay of the system structure with business use (SAP tables)
Performing controls reviews in a fast-paced environment
Developing agreed-upon corrective actions
Preparing and reviewing audit planning documents, audit procedures, and final reports for approval by an audit manager
Interacting with clients for the purpose of analyzing problems, developing alternatives, building consensus, and supporting implementation of solutions
Preparing complex audit reports using advanced writing skills
Using project management tools to oversee project progress
Engaging in special projects on an as-needed basis
Mentoring, teaching, training and coaching staff Position Location
Rochester, New York
Travel Requirements:
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15-25% international (UK, France, Germany, China, Australia, Japan, Brazil, Mexico and other locations) and domestic travel required
Education Requirements
Bachelors and/or Masters Degree in MIS, Computer Science, Systems Engineering, Accounting or Finance
Experience Requirements:
3 to 6 years of demonstrated proficiency in data analysis and/or audit work using data analysis tools
Experience with ACL and SAP strongly desired
Have or actively pursuing at least one key professional certification such as CISA, CISSP, CISM, CPA, CIA is desired
Strong/broad understanding of internal control concepts
Demonstrated critical thinking and strong analytical ability
Strong communication/interpersonal skills
Pro-active, high energy and strong work ethic
Works effectively in an autonomous environment
Audit Manager Do you have a passion for big challenges and a drive to win? Do you want to be a key player in Kodak's transition to a digital company? If you answered yes to these questions, take a look at this career opportunity at Eastman Kodak Company. Kodak, one of the premier information imaging companies in the world, currently has an outstanding opportunity for an Audit Manager to work in our Global Audit Department. You will have the opportunity to serve as part of a team of professionals delivering quality service to a variety of Kodak’s worldwide entities and subsidiaries. The successful candidate will be responsible for overseeing and carrying out audit/control assessments of assigned Kodak operations (business units, manufacturing, subsidiaries, functions) and for managing assigned audit staff. You will be expected to add value for our stakeholders by providing recommendations to improve operations including capturing and promoting best practices. General responsibilities include:
Serve as a global audit risk and audit execution liaison for Corporate Audit, working closely with management owners within the company’s business units and functions worldwide, and with the company’s external audit firm;
Lead efforts to enhance audit processes and drive best in class practices;
Provide advice, counsel, and training/education to management regarding internal controls and audit
issues;
Manage a process to assist operating units in proactively evaluating the impact of major business
changes (restructuring, mergers and acquisitions integrations, system implementations, etc.) on their
internal controls;
Work as part of the Corporate Audit management team with the Audit Director to develop and oversee Corporate Audit’s annual audit plan and long-range 3 year plan;
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Enhance and maintain the company's process to assess internal control risk and exposure for Kodak
operations in accordance with PCAOB and SEC guidance;
Manage resources assigned to audits to ensure that audit reviews are conducted efficiently,
effectively, and consistently. Ensure audit assignments are carried out in accordance with audit
department standards and are of the highest quality;
Proactively communicate the results of audit work to audit clients and to management;
Lead and/or participate on special projects throughout the company;
Education/Experience Requirements
Bachelors and/or Masters degree in Accounting or Finance;
Public accounting experience with a Big 4 or large regional public accounting firm, or equivalent industry experience;
CPA preferred;
Experienced in assessing risk and exposure across multiple organizations;
Demonstrated ability to create and implement strategies that drive operational excellence;
Established and effective leadership skills for teams and projects; ability to command respect from team and senior management;
10 + years of audit/business experience with demonstrated financial and general business acumen;
In-depth knowledge of internal control concepts, principles and techniques including Sarbanes Oxley legislation;
In-depth knowledge and application of auditing principles and standards (COSO, COBIT, GAAS) and general understanding of accounting principles (GAAP);
Information Systems knowledge or professional certification as a CIA or CISA is a plus;
10-15% international and domestic travel required.
Personal Traits
Strong communication/listening/interpersonal skills;
Builds, leverages and motivates a diverse team;
Identifies, communicates, and manages clear goals, holding self and others accountable;
Ability to manage multiple projects and priorities;
High energy and strong work ethic;
Thinks strategically with ability to translate a vision into an action plan;
Work effectively in an independent manner;
Must possess tenacity to pursue difficult and sensitive issues to an acceptable conclusion;
Strong leadership and supervisory skills.
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Part-Time Staff/Senior Internal Auditor
Under direction of Internal Audit Manager, the auditor is responsible for the timely
execution of risk-based internal audits in accordance with the annual audit plan, as
well as assisting with other audit matters and projects. This is a 20 hr. /week
position.
Essential Duties:
• Determine scope of review and establish risk-based audit programs in
conjunction with the Audit Manager
• Understand and document key business processes and internal controls and
assess the design and effectiveness of these processes and controls
• Determine compliance with policies, procedures, and banking regulations
• Conduct audit testing of specified area, document results and identify reportable
issues
• Track audit follow-up efforts and assist with reports on progress.
• Perform other duties, as requested.
Requirements
• Bachelor’s degree.
• Staff role: 2 to 4 years internal or external audit experience. Banking Experience
Preferred.
• Senior role: 5 to 7 years internal or external audit experience. Banking
Experience Preferred.
• Strong analytical, written/verbal communication, interpersonal, and relationship
building skills