November 2017 IIA Edmonton – Chapter Newsletter Page 1

Inside this issue:

IIA Canada Conference

Volunteers 2

November Chapter Luncheon

3

Upcoming Free Webinars 5

IIA Seminars 5

IIA Canada Seminar: Auditing Culture –

Challenges and Proven Techniques

6

IIA eSeminars 7

Upcoming Conferences 8

Membership and Certification News

8

The IIA’s CIA Learning

System 8

Gleim CIA Review 9

Chapter Achievement Program (CAP)

10

Sponsorship Recognition 11

E-PIPELINE Chapter Newsletter November 2017

At the IIA Canada Conference held here from September 24-27, Sheila

Smigarowski was presented with the Arthur Childs Distinguished Service

in Canada Award. Sheila has done a great job giving back to the

profession and we thank her for her dedication and achievements. We are

fortunate to have her as a member of our Chapter. For the current fiscal

year, the chapter has allocated $2,500 to assist members with expenses

they incur providing support on national and international IIA committees.

Sheila is currently involved on the IIA North American Advocacy

Committee and will receive this funding to offset some of her expenses.

We wanted to once again say a big thank you to all the volunteers who

made the IIA Canada Conference a resounding success. The list of these

volunteers has been included in the newsletter and without their help this

conference would not have been possible.

We had an excellent turnout for the October 19th luncheon at the Westin

with Rick Valdemarca’s presentation Internal Audit and Robotic Process

Automation: how is the traditional role of an internal auditor changing as a

result of robotics? A very timely and informative topic – Thanks Rick!

As part of academic relations initiative again this year, we are inviting

students from NAIT, Grant MacEwan, U of A and Concordia to attend our

monthly luncheons to give them additional exposure to the profession and

the opportunity to meet some of our members. These students will be

recognized at the luncheons and if you are in attendance, be sure to greet

them and answer any questions they may have. I wanted to thank

Rachelle Paquette, our board member, who is spearheading this program.

We hope that many of you will be able to attend our luncheon on

Thursday, November 16th at the Westin Hotel at noon. The speaker is Ed

Olson from Crowe MacKay.

Please feel free to contact any board member or me with any questions or

suggestions for the chapter.

Alex Muchortow, CIA, CRMA – IIA Edmonton Chapter President

President’s Message

https://twitter.com/TheIIA

https://www.facebook.com/TheInstitut

eofInternalAuditors

https://www.linkedin.com/company/the

-institute-of-internal-auditors-inc

https://na.theiia.org/periodicals/pages/

blogs.aspx

Visit us at our website:

https://chapters.theiia.org/

edmonton/

Follow the ~ profession ~ Social Media

November 2017 IIA Edmonton – Chapter Newsletter Page 2

IIA Canada Conference Volunteers

Thank you to all the volunteers who contributed to the success of the IIA Canada Conference!

Amanda Williams Angus Mak Atif Pervez Barb Cook Benny Yang Beth Robb Blair Himmelreich Cathy Ludwig Cheryl Persson Dave Thompson Deana De Roche Diane Lee Edwin Ryl

Erwin Hunke Farah Araj James Chapchuk Kevin Pengelly Leslie Glasbeek Linda Klassen Lori Sunde-Cooper Mariesa Carbone Mary McPhail Mike Cook Mike Lasic Nizar Punjani Norm Runte

Rick Valdemarca Ruth Riome Ruth Schneidmiller Shanika Baptiste Sheila Smigerowski Shelly Davidson Steve Mikus Sunny Kakar Suzanne Robinson Svitlana Nikolaev Thomas Parsons Yasmin Kassama Zehra Ali

November 2017 IIA Edmonton – Chapter Newsletter Page 3

Background:

Crowe Horwath Global Risk Consulting and the Institute of Internal

Auditors (IIA) Canada undertook a study of Canadian businesses in

2015 which resulted in a whitepaper entitled “The State of Risk

Management in Canada.” This study specifically focused on

professionals working in internal audit, risk management and internal

control functions, as well as operational managers with responsibility for

applying and maintaining internal controls. The study elicited more than

110 responses from a broad cross-section of Canadian businesses and

public sector organizations and was undertaken as part of an ongoing

initiative to recognize organizations that have demonstrated sustained

efforts toward mastering risk.

Come hear how Edward Olson crossed the divide from that of a career

consultant to leading the Internal Audit and Risk teams for the FortisBC

Group of Companies and eventually being selected as the winner of the

Leadership in Internal Audit for the Private Sector award. What made

the difference? What challenges did he face? What strategic course did

he chart and follow? What should be considered for leaders in internal

audit today? These and many other topics will be discussed which will

challenge attendees to question and validate what they are doing today

in order to advance the internal audit profession, their careers and the

businesses they are involved in.

Speaker: Edward Olson

Edward Olson is the Practice Leader, Advisory Services for Crowe

MacKay nationally, is a Chartered Professional Accountant by training,

and has 19 years of work history in global assurance, advisory and risk

services in a variety of capacities. 14 years were spent in public practice

gaining experience from the United Kingdom to North America in

external financial statement auditing, performance improvement, risk

management, internal audit, climate change advisory services, efficiency

review and performance improvement, and Sarbanes-Oxley project

management and implementation.

Continued…

November Chapter Luncheon

Registration is only $5 for this event – proceeds will be matched by the chapter and donated to the Internal Audit Foundation. IIA 75th Anniversary Books to be distributed on a first come first serve basis. 2 Draws for IIA Canada Conference Registration ($1,250 value) to be held at the luncheon – winner must be present to win.

Background:

The session will outline many of the key trends and issues which are

driving heightened expectations for internal auditors. These range from

new audit standards to expanding expectations from key stakeholders.

Understanding these external and internal challenges should help

internal auditors respond to emerging risks and organizational

challenges in an increasingly volatile environment. The session will also

provide insights on current issues, and the state of the profession

nationally and globally. Contributing to this expansion are recent

developments in governance, advocacy, training, certifications, and

specialty audit groups.

Speaker: Robert Kuling

Robert Kuling is the 2016–17 chairman of The IIA’s North American

Board of Directors. In his role, he provides direction for The IIA’s

strategic plan in North America and oversees its implementation.

Since 2001, Kuling has actively volunteered with The IIA, having served

as a member of the Global Board of Directors and the Global Ethics

Committee. He was also vice chairman of the North American Board of

Directors and a district representative on the North America Chapter

Relations Committee. At the beginning of his IIA service, he held a

number of leadership roles with The IIA’s Saskatchewan Chapter,

including president.

/continued…

Topic:

Heightened Expectations

for Internal Auditors

Date and Location:

Tuesday,

May 16, 2017

12 noon – 1:00 p.m.

(doors open at 11:30 a.m.)

Westin Hotel

10135 - 100 Street, Edmonton

For more information and to

register for the luncheon go to:

http://www.etouches.com/iiaed

magmluncheon

Registration deadline is

Thursday, May 12, 2017 at

noon.

Register early - limited to

the first 75 participants!

Topic:

From Consultant to Chief

Audit Executive: Why My

Team Was Awarded

“Leadership in Internal

Audit for the Private

Sector” by the IIA

Date and Location:

Thursday,

November 16, 2017

12 noon – 1:00 p.m.

(doors open at 11:30 a.m.)

Westin Hotel

10135 - 100 Street, Edmonton

For more information and to

register for the luncheon go to:

https://www.eiseverywhere.com/e

reg/index.php?eventid=293524&e

b=481682

Registration deadline is

Friday, November 10, 2017

at 5pm.

Sponsored by:

November 2017 IIA Edmonton – Chapter Newsletter Page 4

Speaker: Edward Olson

…continued

During this time, he also acted as an outsourced chief audit executive for several clients, including

development of individual audit universes, annual audit plans, planning individual audit engagements

and reporting to various audit committees. He led the development and training of staff from British

Columbia to Ontario for internal audit departments in various financial institutions to recognize risk,

implement appropriate control environments, and appropriately report to the board of directors for good

governance.

He also has 5 years of industry experience, 4 of which were leading the internal audit and risk

department of the FortisBC Group of Companies and 1 year as General Manager of FortisBC

Alternative Energy Services Inc. In this latter role, his responsibilities were to assess the business,

political landscape, financial model and legal construct for building and expanding the current business

model. This included working with the British Columbia Utilities Commission regarding regulatory

oversight, developers for designing, owning, operating and maintaining regulated utility thermal assets,

and customers to help them address deferred maintenance, reduce greenhouse gas emissions,

support sustainability objectives and improve the performance of thermal energy systems in buildings.

Mr. Olson has led many risk assessment and internal audit engagements, established corporate risk

programs across many clients including all subsidiaries of Fortis Inc. located in the Caribbean, Belize,

United States and Canada. He researched, trained, and facilitated risk workshops to establish

frameworks to assist organizations towards a better understanding of their organizational risk profiles.

This involvement spanned start-up processes through to identification of required remedial activity to

strengthen existing internal control frameworks and effectively prioritize resources to mitigate key risks

resulting in more efficient operations and achievement of corporate objectives.

Lastly, he has been a guest lecturer on privacy compliance and associated risks to privacy officers

within the Province of British Columbia. He has also been a guest lecturer on risk and compliance at

various conferences including at a roundtable of chief audit executives from utilities across the United

States in Washington, DC. Most recently, he has been, and continues to be, a guest lecturer at the

University of British Columbia Okanagan regarding governance and risk.

November 2017 IIA Edmonton – Chapter Newsletter Page 5

IIA is offering the following free members-only webinars:

IIA presents:

Nov 21, 2017 - Technology: Auditing Data

Dec 20, 2017 - 2017 Year-end Legislative Review With Arnold & Porter Kaye Scholer

Jan 16, 2018 - Top Resolutions for Internal Auditors in 2018 to Prepare for the Future

Registration will close 24 hours prior to the beginning of the webinar start time listed.

Webinar Archives - One benefit of being an IIA member is having access to the library of archived

webinars. NOTE: On-demand webinars do not qualify for NASBA CPEs.

IIA Canada presents:

Nov 14, 2017 - The Agile Internal Audit Department: Being Prepared and Adaptive during Times of Rapid

Business Change

Dec 18, 2017 - Meeting the Board's Informational Needs for Optimal Decision-making

Upcoming FREE Webinars

Led by leaders in internal auditing, multi-day in-person seminars provide a personalized learning experience that adjusts to your needs and skill levels. You will gain a better understanding of the latest audit industry best practices, proven techniques, and trending issues through exercises and group discussions.

Austin – Dec 12-15, 2017 Boston – March 20–23, 2018; Aug 21-24, 2018 Chicago – Nov 7-10, 2017; Apr 24-27, 2018 Dallas – June 5–8, 2018; Sept 11–14, 2018 Denver – Dec 5-8, 2017 Las Vegas – Nov 14-17, 2017; Apr 30-May 3, 2018 New York – Dec 5-8, 2017; Apr 10-13, 2018 Orlando – Nov 6-8, 2017; Dec 11-14, 2017 Phoenix – Feb 13-16, 2018; San Antonio – none San Diego – Nov 6-9, 2018 San Francisco – Mar 6-9, 2018; May 15-18, 2018 Washington DC – May 8-11, 2018

View All Seminars

IIA Canada Montreal Seminar Week

Nov 13-16, 2017

Auditing Culture: Challenges and Proven Techniques

Jan 17-18, 2018, Edmonton Westin Hotel

IIA Seminars

November 2017 IIA Edmonton – Chapter Newsletter Page 6

IIA Canada Seminar: Auditing Culture – Challenges and Proven Techniques

January 17-18, 2018

Edmonton Westin Hotel, 10135 100th Street, Edmonton

Organizational culture has become an increasingly important issue for internal auditors, in light of

corporate scandals in which culture is typically at the root of unethical behavior and practices. Over 90

percent of CEOs and CFOs see culture as critical and believe improving corporate culture would

increase value in their organizations (Corporate Culture: Evidence from the Field; Duke University,

2015).

The role of internal audit in assessing organizational culture has not always been clearly defined, and

culture is not an easy area to audit using traditional audit approaches. Results from The IIA’s 2016

North American Pulse of Internal Audit report indicate that only 42 percent of internal auditors are

addressing culture within their organizations, yet more than half of CAEs see organizational culture as

high risk.

The increasing attention to and need for auditing culture requires an understanding of effective

strategies and practical considerations for internal audit. This course gives participants a solid

understanding of the challenges involved in auditing culture. They will take away proven evaluation

tools and techniques for assessing culture, examples of audit reports addressing cultural issues, and

techniques for gaining support from leadership.

This course is designed for CAEs, internal audit managers, and internal audit supervisors who want to

develop or enhance their audit strategy as it relates to organizational culture.

2-day course provides 16 CPE.

Pricing (does not include GST)

2-day course: Members $1145.00 / Non-members: $1200.00

Group rates start at 3 individuals from the same organization. Email iiacanada@theiia.org for a price.

Click here to register

Note: All attendees to this class are invited by the Edmonton Chapter to attend the monthly Chapter

luncheon, which is being held at the Westin Hotel. The luncheon is on Day 2 of the course and the

guest speaker is the course facilitator. The course price includes the cost of the Chapter luncheon.

The facilitator for this event is James Roth.

November 2017 IIA Edmonton – Chapter Newsletter Page 7

IIA eSeminars

Assessing Risk: Ensuring Internal Audit’s Value – Dec 5-16, 2017; Feb 5-14, 2018

Audit Report Writing – Jan 22-21, 2018

CIA Learning System Comprehensive Instructor-led Course – Part 1 – Nov 27-Dec 15, 2017

CIA Learning System Comprehensive Instructor-led Course – Part 2 – Apr 3-26, 2018

CIA Learning System Comprehensive Instructor-led Course – Part 3 – Mar 5-30, 2018

Cybersecurity Auditing in an Unsecure World – Feb 13-27, 2018

Data Analysis for Internal Auditors – Nov 29-30, 2017; Mar 21-22, 2018

Enterprise Risk Management: Elements of the Process – Dec 5-14, 2017

Fundamentals of Internal Auditing – Dec 18, 2017; Feb 27, 2018

Fundamentals of IT Auditing – Dec 4-13, 2017; Feb 19-28, 2018

Lean Six Sigma Tools for Internal Audit Fieldwork – Apr 17-26, 2018

Lean Six Sigma Tool for Internal Audit Planning – Dec 5-14, 2017

Operational Auditing: Evaluating Procurement and Sourcing – Jan 16-25

Operational Auditing: Influencing Positive Change –Jan 16-25, 2018

Performing an Effective Quality Assessment –Feb 5-14, 2017

Risk-based Auditing: A Value Add Proposition – Jan 17-26, 2018

Statistical Sampling for Internal Auditors – Feb 19-22, 2018

Succession Planning – Mar 26-28, 2018

View All eSeminars

IIA Canada eSeminars

Fundamentals of IT Auditing – Dec 4-13, 2017

November 2017 IIA Edmonton – Chapter Newsletter Page 8

Conference Date Location

General Audit Management Conference March 12–14, 2018 The Aria / Las Vegas, NV

International Conference May 6–9, 2018 Dubai World Trade Centre / Dubai, UAE

Governance, Risk, and Control Conference Aug. 13–15, 2018 Omni Hotel / Nashville, TN

Environmental, Health & Safety Exchange March 15, 2018 Aria Resort & Casino / Las Vegas, NV

Financial Services Exchange Oct. 1–2, 2018 Washington, DC

Upcoming Conferences / Events

If you’ve made the decision to enhance your career by earning the Certified Internal Auditor® (CIA®)

designation, Edmonton Chapter can help you achieve your goals with The IIA’s CIA Learning System®.

The IIA's CIA Learning System is a comprehensive training course designed to provide chapters,

members, and the audit community of professionals with information and tools to master the global CIA

exam syllabus. This premier quality program is aligned with the International Professional Practices

Framework (IPPF) to ensure you stay current with the global internal auditing profession and are ready

for the CIA exam. It combines printed text with online testing tools and online questions. Take

advantage of the best prep materials out there by ordering yours today!

For more information or to try a demo, click here. Wondering how long it will take you to prepare for the

exam? Create your free, personalized study plan here.

To take advantage of special chapter discounts, contact Adra Upadhyaya.

The IIA’s CIA Learning System

Membership and Certification News

The IIA offers a comprehensive certification portfolio for Internal Auditors that can serve as a key to

unlocking your next opportunity within the profession. By earning your Certified Internal Auditor®

(CIA®), Certified Government Auditing Professional® (CGAP®), Certified Financial Services Auditor®

(CFSA®), Certification in Control Self-Assessment® (CCSA®), or Certification in Risk Management

Assurance® (CRMA®) certifications, your clients and employer know that you are knowledgeable and

committed to ensuring quality is part of everything you do. Visit the IIA’s Certification pages or contact

Adra Upadhyaya, IIA Edmonton Chapter – Director for more information.

November 2017 IIA Edmonton – Chapter Newsletter Page 9

The Edmonton Chapter has partnered with Gleim CIA Review to ensure your success on the CIA

exam!

Gleim CIA Review is the most widely used CIA prep course. More CIAs have used Gleim to pass the

CIA Exam than all other prep courses combined. The exceptional content now includes over 40 hours

of in-depth video lectures and comprehensive question test banks that cover all of the topics tested and

are presented in a format that replicates your exam-day experience. In addition, CIA candidates enjoy a

no-hassle Access Until You Pass® Guarantee and customized support from a team of CIA exam prep

experts.

As a member of the chapter, you are eligible for a 10-20% discount on Gleim CIA Review Systems. To

take advantage of the reduced prices and to place your order, log into the Members Only section of the

Chapter website.

Please contact our Gleim representative, Shawn Bowlus with any questions regarding the Gleim

materials or discounts available. Call him at 800.874.5346 ext 437 or via email

shawn.bowlus@gleim.com.

Gleim CIA Review

November 2017 IIA Edmonton – Chapter Newsletter Page 10

Chapter Achievement Program

For the 2016/2017 Chapter Year, the Edmonton Chapter maintained its Sapphire status in the IIA’s

Chapter Achievement Program (CAP).

To qualify for recognition in the IIA’s CAP program, Chapters must earn specific minimum Chapter

Achievement points in the categories of Service to Members, Service to the Profession, and Chapter

Administration. 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 specified point levels defined by the IIA. PLATINUM is a

level recognizing chapters that attain GOLD status for 10 of 11 consecutive years and then each year

thereafter. There are three special levels above Platinum: Ruby recognizing 10 consecutive years of

Platinum; Sapphire recognizing 15 consecutive years of Platinum; and Diamond recognizing 25

consecutive years of Platinum.

The Edmonton Chapter receives Chapter Achievement Program (CAP) points for a variety of activities:

• applicable non-compensated speaking engagements

• training sessions facilitated

• advocacy efforts at Post Secondary institutions

• articles submitted or published in the Internal Auditor magazine or other professional journals

• writing of exam questions accepted by the IIA

• volunteering by chapter members for things like the Junior Achievement Program

You support our chapter achievements! Please report on eligible activities. We are asking all

members to email us details of any activities that may be eligible for acknowledgement in our quarterly

Chapter Achievement reporting to the IIA North America. Not sure if your activities qualify? Please

don’t hesitate to submit potential qualifying activities — we want to fully report on and receive

recognition for all eligible accomplishments of our Chapter members! Send details of activities to

iia.edmonton.chapter.events@gmail.com or to the Chapter President.

November 2017 IIA Edmonton – Chapter Newsletter Page 11

IIA Edmonton would like to acknowledge the following group of on-line sponsors to our website. Please take

the opportunity to visit these sponsors through the following link at the IIA - Edmonton website:

https://chapters.theiia.org/edmonton/Pages/Our-Sponsors.aspx

November 2017 IIA Edmonton – Chapter Newsletter Page 12