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TABLE  OF  CONTENTS

.....PRESIDENT’S MESSAGES 1

...........................Featured Topic 2

..............NEW Leadership Team 3

..............IIA Standards Update 4

.....................Certification Focus 5

......2011-2012 Program Guide 6

............Training & CPE Credits 9

......Featured Chapter Member 10

Congratulations & Kudos/ Jobs 11

.............................CAP Update 12

.......................Chapter Officers 13

PRESIDENT’S  MESSAGE

Greetings!!!

We hope you had a relaxing Labor Day Holiday weekend!Our featured articles refers to the Results of the IIA Audit Executive Center’s “The Pulse of the Profession: 2012 Global Insights” recently published last month. We also wrote a feature article Preparing for a CAE Roundtable - Looking for local CAE’s. We also have several announcements we would like to share with you with in this newsletter.

• NEW Leadership - The 2012 – 2013 NEW Fort Wayne Chapter IIA Leadership Team was unanimously elected by the membership. If you would like to become more actively involved, we do have two Leadership positions open.

• NEW Members - Please also join us in welcoming several NEW members to the Fort Wayne IIA Chapter.

• NEW Website – We are excited to announce that we are in the process of moving our website to the Sharepoint format and thank Michael Krouse for his assistance in this regard.

• FREE Training for IIA Members - We are in the age of doing so much more with less. IIA is offering FREE Member Only training; more information is enclosed o upcoming training opportunities.

• Upcoming All Day Training on September 20th - Please join us for an all day training session “Optimized Critical Thinking”

We will continue with our monthly Featured Member article! If you would like to nominate a member to be featured in the newsletter, and learn more about their audit experience and background, please let us know.

Best Regards!

Eve-Lynn Clarke and Barry WeybrightCo-Presidents – Ft Wayne Chapter Institute of Internal Auditors

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Featured  Topic:  Results  of  the  IIA  Audit  ExecuCve  Center’s  “The Pulse  of  the  Profession  2012  Global  Insights”  published

Last month, the Institute of Internal Auditor’s (IIA) Audit Executive’s Center published the results of their global study based upon the Global Pulse of the Profession Survey conducted in May 2012. The survey included international feedback from various regions around the world. The 1149 survey participants included internal audit professionals and CAEs from 77 countries.

According to the IIA, the survey results revealed:

•Key Point 1: Internal audit resources (i.e., staff and budget levels) have generally stabilized.•Key Point 2: Planned audit coverage for the rest of 2012 does not fully align with the risks and priorities of key audit stakeholders.•Key Point 3: CAEs are recruiting candidates with skills that mirror areas of emerging internal audit coverage, thus continuing to evolve away from skills historically associated with the internal audit profession.•Key Point 4: Most audit committees are signaling increasing support of their CAE and internal audit department.•Key Point 5: Opportunities remain to maximize the relationship between the audit committee and internal audit function, especially in Latin America.

Interesting trends were revealed from the study. For Key Point 2, the survey for North America indicated that the Top 5 risk areas for Planned audits were 1) Financial risks, 2) Operational risks, 3) Compliance risks, 4) Fraud risks and 5) Strategic risks. However, the Top 5 Stakeholder risks areas were 1) Compliance risks, 2) Operational risks, 3) Financial risks, 4) IT risks, and 5) Strategic risks. Even though a one for one alignment was not required the survey, the survey did reveal somewhat of a misalignment between planned audits risk areas and stakeholders risk areas.

In addition, the IIA provided takeaways associated with each of the key points. For example, for Key Point #2 as previously discussed for North America, the survey revealed the attention to Sarbanes-Oxley may be elevating internal audit department’s audit plan time to financial risk areas and questions whether enough time is spent on Information Technology.

Detailed survey results to the five key items above can be found in “The Pulse of the Profession 2012 Global Insights” report. For your convenience we have provided the following link:https://na.theiia.org/services/cae-resources/Public Documents/The Pulse of the Profession_2012 Global Insights.pdf

We would like to hear your comments regarding the survey and your experiences, visit us on LinkedIN.

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NEW  2012  –  2013  Fort  Wayne  IIA  LEADERSHIP  TEAM

We are pleased to announce the leadership team for the 2012 – 2013 IIA year.

Position Name CompanyOfficersCo-President Eve-Lynn ClarkeCo-President Barry Weybright Lincoln Financial GroupFirst Vice-President Vacant (1)Second Vice-President Scott Brown Lincoln Financial GroupSecretary Albert Cotton Lincoln Financial GroupTreasurer Ben Fowls Lincoln Financial GroupBoard of GovernorsBoard of Governors Brooke Gardner Lincoln Financial GroupBoard of Governors Patrick Horden Lincoln Financial GroupBoard of Governors Kim Moore Board of Governors Tracy Neumeier City of Fort WayneBoard of Governors April Pedersen Lincoln Financial GroupBoard of Governors Ferril Sorenson BiometChairpersonsAcademic Relations Chair Chris Walda Parkview HospitalCertification Chair Brittney Heckman Lincoln Financial GroupMembership Chair Dan Hines Lincoln Financial GroupWeb Site Chair Michael Krouse Star Financial BankPublicity Chair Vacant (1)

(1) This role will be managed by the Fort Wayne IIA Co-Presidents until filled.

We currently have two vacancies on the Leadership Team. If anyone has an interest in any of the positions please contact Barry Weybright at barry.weybright@lfg.com or Eve-Lynn Clarke at eve-lynn.clarke@c2itadvisors.com.

In addition, if you would like to volunteer your time to assist the Leadership Team and the chapter given the vacancies, we would appreciate your time. Please contact us to learn more.

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Featured  Topic:  Calling  all  CAE’s  –  Planning  CAE  Roundtable  

The Fort Wayne Chapter would like to host an annual CAE Roundtable to promote the IIA chapter, provide a value-add to the audit community and to assist in building our membership base. This would provide an opportunity for CAE’s to discuss emerging trends, leading practices, challenges, top risks areas, and to network with other CAE’s.

In an effort to identify CAE’s in the community, we need you help in identifying CAE’s in the Fort Wayne area and surrounding communities. Please send the name, company, telephone number and email of your companies CAE to Eve-Lynn Clarke or Barry Weybright. We will be contacting CAE’s and personally invite them to our CAE Roundtable.

Featured  Topic:  Get  involved…..Promote  the  IIA  and  the  local  chapter

The success of the Fort Wayne IIA chapter is heavily dependent upon the involvement of its members. We would like to encourage you to get involved, whether its one hour a month or 4 hours. Below is a list of areas were the Leadership Team could use your valuable input or your help in promoting the chapter. For example:

•College Visits•Membership Building•Writing a Newsletter Article•Volunteer for Member of the month•Invest in your future via the IIA /Junior Achievement partnership•Attend a local or regional meeting•Join LinkedIN and engage in quality meaningful discussions

NEW  Internal  Audit  Guidance

The National IIA’s Guidance Department has been busy producing new publications for members. The following new documents will be available in the coming weeks:

Global Technology Audit Guide (GTAG):•GTAG 17: Auditing IT GovernancePublic Sector Supplemental Guidance:•Optimizing Public Sector Audit ActivitiesPractice Guides:•Assessing Organizational Governance in the Private Sector•Auditing Privacy Risks•Integrated Auditing•A Strategic Plan•Evaluating Ethics – Related Programs and Activities

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Prepare  to  Pass  the  CIA  Exam  with  The  IIA’s  CIA  Learning  System  

If you’ve made the decision to enhance your career by earning the Certified Internal Auditor® (CIA®) designation, we can help you achieve your goals with The IIA’s CIA Learning System™.

The IIA’s CIA Learning System is an interactive print and online self-study review program designed by CIA-certified industry experts to help you learn, review, and apply the key CIA content. This approach will help you build on foundational elements of internal auditing to master key concepts you need to know to pass the CIA exam. This four-part program includes:

•Comprehensive print materials teaching the entire global CIA exam syllabus.•Interactive online study tools:•Pre- and post-tests to gauge your starting knowledge and advancements.•Section quizzes to test your comprehension and retention.•Flashcards and glossary.•CIA practice exam to build confidence for the computer-based CIA exam.

For more information or to try a demo, visit www.LearnCIA.com/overview.

Members save up to US $100! Order today and save!

CIA  Exam  Changes  in  2013  

The Institute of Internal Auditors (IIA) IIA Global Headquarters has announced impending changes to the Certified Internal Auditor® (CIA®) program scheduled for 2013. In response to 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 of the exam. The second change consists of a realignment of the exam content outline and question count for each part.

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.

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NEW  2012  –  2013  ProgrammingPlease note we will be moving to a new Programming model with longer, valued Training opportunities and move away from 1-hour monthly sessions. We will take advantage of other offerings, including webinars for your convenience.

September Meeting - “Optimized Critical Thinking” How do we define critical thinking? What really is critical thinking? This one day course on the integral auditing skill will take attendees through the basics of critical thinking: who, what and how. Additionally, we will apply these skills throughout the audit process to see how optimized critical thinking can maximize the value of your internal auditors and audits in general.

Danny Goldberg, Partner, SUNERA Professional Development

Danny M. Goldberg leads the Professional Development Practice at Sunera. Prior to joining Sunera in January 2011, Danny founded SOFT GRC, an advisory services and professional development firm. Danny has over 15 years of audit experience, including five as a CAE/Audit Director at two diverse companies.

Prior to founding SOFT GRC, Danny was the Director of SOX Compliance and Corporate Audit at Dr Pepper Snapple Group, where he led the Year One SOX Compliance efforts. Prior to his tenure at Dr Pepper, Danny was the Chief Audit Executive at Tyler Technologies, a publicly traded technology company (Danny was hired to build the department from the ground up). Danny has served on the audit committee of the Dallas Independent School District and as the Chairman of the North Texas Leadership Council of the American Lung Association. Danny is also the IIA Dallas Chapter Programs Committee Co-Chairman for the 2012-2013 year.

Danny is accredited as the professional commentator on the publication BNA Tax and Accounting Portfolio, Internal Auditing: Fundamental Principles (Accounting Policy and Practice Series), which is authored by renowned audit scholars Curtis C. Verschoor and Mort A. Dittenhofer – co-author of Sawyer’s Internal Auditing. He is currently leading a project team that has been commissioned by the IIA Research Foundation to write a publication on Crucial Communications: Tools When the Stakes are High.

Thursday, September 20th, 2012(8 CPE credit available)

LOCATION: Parkview Field, Suite Level Lounge

SCHEDULE:8:00am Registration and Breakfast8:30am Danny Goldberg12:30am Lunch1:15pm Danny Goldberg5:15pm Networking and Social – Marriott Champions

COST OPTIONS: $150.00 Members, $175.00 Non-Members

Make checks payable to “Institute of Internal Auditors – FW Chapter” and present at time of sign-in. Please note that payment is due at this time unless prior arrangements have been made.

Registration: To register contact Barry Weybright (barry.weybright@lfg.com)(or 260-455-6639) by 9/14/12. At time of registration, please provide your name, your phone number, and your employer’s name. NOTE: All cancellations require 48 hours notice. Cancellations not received in time will be charged the full cost of the meeting. If you find you cannot attend at the last minute, you may send another employee in your place as long as you notify us of the situation.

*** Students: Contact Barry Weyrbight for information regarding discounted student rate. (Note: Students are members or non-members currently enrolled in at least six graduate or undergraduate credit hours at a college or university.)

FREE  IIA  Training  OpportuniCes–  Earn  CPE’s  via  Web  Seminars                                                                                                                

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The Institute of Internal Auditors (IIA) is offering members-only webinars free for IIA members. You will earn 1 CPE credit for each live event attended.

Stay Informed and Earn FREE CPEs with Members-only Webinars

Tuesday, Sept. 18, 20121:00–2:00 p.m. E.T.

Members-only Webinar:Career Management Best Practices: Are You Positioning Yourself for Maximum Success?

Robert Half Senior Executive Director Paul McDonald, and Nationwide Insurance Vice President Internal Audit Gregory S. Jordan, CIA, will identify best practices for long-term success and discuss how to incorporate them into your ongoing schedules. Session attendees will learn:

▪ Essential career management best practices for internal audit professionals.▪ How to incorporate best practices into your ongoing schedules.▪ Common roadblocks and how to address them.▪ Manager and staff perspectives on performance reviews, job change, and salary negotiation.▪ Hiring and salary trends for internal audit roles in 2013.

1 CPE available (live event only)

Wednesday, Sept. 12, 20121:00–2:00 p.m. E.T.

GTAG 1: Information Technology Risk and Controls 2nd Edition

Presenter Steve Mar of Nordstrom will address the importance of IT risks and controls in this month’s Guidance Briefing. Along with the March 2012 update of GTAG 1, this briefing will help internal auditors become more comfortable with general IT controls so they can talk with their board and exchange risk and control ideas with the chief information officer and IT management.

• Understand why IT-related business risks and controls are important.• Discuss stakeholder roles and responsibilities.• Cover how to assess IT risks - an overview.• Understand the importance of IT controls.• Look at IT audit competencies and skills.• Discuss the use of a control framework.

1 CPE available (live event only)

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Prepare  to  Pass  the  CIA  Exam  with  The  IIA’s  CIA  Learning  System  

If you’ve made the decision to enhance your career by earning the Certified Internal Auditor® (CIA®) designation, we can help you achieve your goals with The IIA’s CIA Learning System™. The IIA’s CIA Learning System is an interactive print and online self-study review program designed by CIA-certified industry experts to help you learn, review, and apply the key CIA content. This approach will help you build on foundational elements of internal auditing to master key concepts you need to know to pass the CIA exam. This four-part program includes:•Comprehensive print materials teaching the entire global CIA exam syllabus.•Interactive online study tools:•Pre- and post-tests to gauge your starting knowledge and advancements.•Section quizzes to test your comprehension and retention.•Flashcards and glossary.•CIA practice exam to build confidence for the computer-based CIA exam.

For more information or to try a demo, visit www.LearnCIA.com/overview. Members save up to US $100! Order today and save!

CIA  Exam  Changes  in  2013  

The Institute of Internal Auditors (IIA) IIA Global Headquarters has announced impending changes to the Certified Internal Auditor® (CIA®) program scheduled for 2013. In response to 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 of the exam. The second change consists of a realignment of the exam content outline and question count for each part.

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.

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IIA  LAUNCHES  NEW  VIDEO-­‐SHARING  SITE  

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The IIA has launched AuditChannel.tv, a new video-sharing site, addressing the specific needs of internal auditors and the business community. With video channels focused on areas such as fraud, governance, risk, technology, operations, compliance, and more. As an IIA member, you are invited to Register as a user at www.AuditChannel.tv or www.AuditChannel.tv/mobile (for mobile devices).

Credits  for  Members

18 FREE CPE CREDITS FOR MEMBERS

For more than 67 years, Internal Auditor magazine has shared leading practices with internal auditors around the globe. Now in addition to supporting you in your career with print and online news and information, Internal Auditor is helping you earn CPE credit as well. With the release of each bi-monthly edition of the magazine, you have the chance to earn three IIA CPEs to support your IIA designations. Available to members for free, the online quiz takes your experience with the publication to the next level by testing your internal audit knowledge and providing valuable CPE credits. REPORTING CPEs

IIA-certified candidates seeking to report their continuing professional education (CPE) credits will be able to do so in the Certification Candidate Management System (CCMS), rather than on The IIA's website. For additional information, such as CPE requirements for IIA certifications, CPE reporting in CCMS, and a list of CPE opportunities, visit www.theiia.org/certification.

CPE CERTIFICATES

For questions about CPE certificates for Chapter programs, please contact Albert Cotton he can be reached at albert.cotton@lfg.com or at (260) 455-2960.

FEATURED  MEMBER  

If you would like to nominate a member to be featured in the newsletter, and learn more about their audit experience and background, please let us know.

1. Tell us about yourself and audit/ financial career.

I began my career 17 years ago with a small Albuquerque CPA firm auditing small business financial statements and employee benefit plans. While there I married my wife and earned my CPA designation. Later, I moved back to the Fort Wayne area and began working for a local CPA firm providing a broad range of services. In 2005 I moved to Superior Essex to help start up their Fort Wayne Internal Audit department focusing mainly on Sarbanes Oxley testing. While there I earned my CIA and CFE. In late 2010 I joined Lincoln Financial Group’s Mutual Fund Administration oversight team. I have an 11-year-old son, an 8-year-old daughter, and a 5-year-old Toy Poodle.

2. Why did you become a member of the IIA?

I joined the IIA as part of a group membership while with Superior Essex. Since I was new to the Internal Audit profession, I had no expectations of my membership. I have since come to appreciate the resources and extensive knowledge base of the IIA and its membership.

3. What are some of your greatest successes or contributions?

I helped implement Sarbanes Oxley audit procedures and audit documentation from scratch. I developed management, accounting personnel, and external auditor relationships that allowed management to feel comfortable using Internal Audit as a resource for problem solving.

4. Please share with the membership professional insights you may have or the name of a recent book you have read?

I have learned that the single most important skill any team member can develop is his/her ability to relate with other people by treating them with respect and courtesy.

4. Please tell us something most do not know about you?

My nickname is Lenny (it has nothing to do with Laverne and Shirley).

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CONGRATULATIONS  AND  KUDOS

Congratulations to our members who have received new certifications or achievements:

ØNO NEW AANOUNCEMENTS

 Welcome  NEW  Members

Please join us in welcoming the following new members to the Fort Wayne IIA Chapter:

• Debra Sordelet Franklin Electric Senior Internal Auditor• Amber Styborski Franklin Electric Internal Auditor• Marsha Mericle Lincoln National Corporation Auditor• Elizabeth Hartman Do It Best Corporation Internal Audit Staff• Dave Haist Manchester College Instructor

NEW  CHAPTER  WEB  SITE

We are excited to announce that our new website using SharePoint is now available. The Fort Wayne Chapter website is managed Michael Krouse. Let’s give Michael a virtual applause and hearty Thank you for his time and working with the IIA on the conversion. Visit the site at:

OLD Chapter Web site: www.theiia.org/fortwayne.NEW SharePoint chapter Web site: https://chapters.theiia.org/fort-wayne/Pages/default.aspx LINKED INWe encourage the membership to join us on LinkedIn to continue good dialogue and check out our latest programming. Check us out on www.LinkedIn.com! Search groups for “Fort Wayne Chapter of Institute of Internal Auditors” and request to join the discussion! LinkedIn is managed by David Bolton.

JOB  POSTINGS

No New Job PostingsWe welcome communicating employment opportunities to our membership. Please send your submissions to Barry Weybright at barry.weybright@lfg.com or to Eve-Lynn Clarke at eve-lynn.clarke@c2itadvisors.com.

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   CHAPTER  ACHIEVEMENT  UPDATE  (CAP)  

The Chapter Achievement Program (CAP) is designed by the Institute of Internal Auditors to recognize activities that promote the strategic objectives of The IIA. This program provides minimum standards of performance, emphasizes the basic mission of the Chapter, encourages Chapters to perform that mission, and provides Chapters with a means to evaluate their success in accomplishing that mission. With one month to go in the Chapter year, we have achieved the goal of 1,560 CAP points! Fort Wayne remains Platinum going into the 2012-2013 program year.

Additional CAP InformationA chapter must earn the minimum CAP points in each of the three service categories (Service to Members, Service to the Profession, and Chapter Administration) participate in the CAP program. Once the chapter has met or exceeded the minimum CAP Requirements in the three categories, the chapter will have reached the BRONZE performance level. A chapter can advance to SILVER or GOLD levels by accumulating the points noted below - made up of any combination of CAP points from the three service levels (while also meeting the minimums above).

▪ BRONZE - 685 CAP Points▪ SILVER - 1,060 CAP Points▪ GOLD - 1,560 CAP Points

PLATINUM - This is a special level created to recognize chapters that attain GOLD status for 10 of 11 consecutive years. The chapter will continue to be recognized as platinum level each year thereafter it the chapter achieves the Gold CAP level for 10 of 11 consecutive years.

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   2011  –  2012  OFFICERS    

Co-President Eve-Lynn Clarke (260) 403-0875 e v e -lynn.clarke@c2itadvisors.com Co-President Barry Weybright (260) 455-6639 barry.weybright@lfg.com Vice-President Vacant2nd Vice-President Scott Brown scott.brown@lfg.comSecretary Albert Cotton (260) 455-2960 albert.cotton@lfg.com Treasurer Ben Fowls (260) 455-4945 ben.fowls@lfg.com

   2011  –  2012  BOARD  OF  GOVERNORS

Amy Dougal, CIA (260) 455-1861 amy.dougal@lfg.com Brooke Gardner (260) 455-6991 brooke.gardner@lfg.comPatrick Horden, CIA (260) 455-3411 pat.horden@lfg.comKim Moore, CIA kimmore1925@comcast.net Tracy Neumeier, CIA (260) 427-1119 tracy.neumeier@ci.ft-wayne.in.usApril Pedersen (260) 455-7782 april.pedersen@lfg.comFerril Sorenson (574) 214-8618 ferril.Sorenson@biomet.com

   2011  –  2012  COMMITTEE  CHAIRS

Academic Relations Chair Chris Walda (260) 373-7049 christopher.walda@parkview.com Public Relations Chair Vacant Certification Chair Brittney Heckman, CIA (260) 455-6509 brittney.heckman@lfg.com Membership Chair Dan Hines danieljhines@hotmail.com Web Site Chair Michael Krouse (260) 436-6205 michael.krouse@starfinancial.com    WE  WANT  TO  HEAR  FROM  YOU!

We are always looking for content for this newsletter and welcome articles, news items, kudos, recent certifications, passing exams, employment opportunities or other items of interest to our membership. Please send your submissions to Barry Weybright at barry.weybright@lfg.com or to Eve-Lynn Clarke at eve-lynn.clarke@c2itadvisors.com.