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JULY ISSUE 2021

IIA TORONTO CHAPTER NEWSLETTER

PRESIDENTS MESSAGEPutting a bow on the 2016-17 year 

HELLO GOODBYE

Get to know your 2017-18 chapter Officers and Governors

Farewell to our retiring board members

CHAPTER HIGHLIGHTSJust how much have we grown?

Touch base with the 2016 William S. Smith Gold Medal Award winner

HOOK N' SLICECalling all golfers and non-golfers alike!

JOB LINK

FALL 2017 ISSUE

"TRUSTED ADVISER RELATIONSHIPS MAXIMIZE THE STRATEGIC VALUE OF

INTERNAL AUDIT"

 Dear Members,

I trust that all of you are enjoying the summer and getting some time off with family and friends. We completed a very successful 2016-17 year, culminating with our Annual General Meeting, dinner and awards night. Highlights of the year included:

    • Maintaining our status as a Platinum chapter under the IIA's Chapter Achievement Program     • Providing 188 hours of CPE training     • Recognizing 47 new Chapter members holding IIA designations     • Recognizing Chapter member, Sarah Gray, for winning the William S. Smith -- Gold Medal as the highest                       scoring candidate out of almost 50,000 writers of the 2016 Certified Internal Auditor examination     • Recognizing Chapter member, Kristine Tkachenko, for being honoured as one of the Top 15 Emerging                          Internal Audit Leaders under age 30     • Recognizing 244 long serving Chapter members, including Ron Dell'Agnese (40 years) and Leon Bloom (35                    years), for their years of service to the internal audit profession

These are exciting times for our profession, and, as professionals, it is our responsibility to develop trusted advisor relationships with our clients. These trusted advisor relationships maximize the strategic value of internal audit in assisting your organizations in developing world class governance, risk and control practices. The IIA's mission is to support our members through knowledge, tools, training and networking with peers. Our Chapter has a long and successful legacy of serving you, our members, and we will be building on that foundation to deliver on the IIA mission in 2017-18. Stay tuned for information about our 2017-18 calendar of activities and events.

As your President, I have one ask of you: Get Involved. The IIA is a volunteer organization, and we are only as strong our members. We have a committed and engaged Board, Executive Team, and Committee members. There are always volunteer opportunities available. I guarantee that you will find it both professionally and personally rewarding!

Finally, mark your calendar for our annual Hook 'n Slice Golf Tournament, which is set for September 12th. It's a great way to socialize with your fellow internal auditors!   Stay engaged. Stay connected.

Steve Hack, CIA, CPA President, IIA Toronto Chapter | president@iia-toronto.org

- Steve Hack

presidents message

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thank you to our retiring board membersthe chapter truly appreciates their countless hours of service and thought leadership that has benefited all our members.

Neil Brown, CRMA Susie Carnevale, CRMA

David Florio, CRMA Tanya Khan, CA Beili Wong, CIA

The IIA Toronto Chapter's Officers and Governors are elected on the day of the Annual General Meeting for a specified term that commences immediately. This year, the Annual General Meeting took place on May 4, 2017 where the following individuals, who were duly nominated, were voted into the Chapter's Board of Governors. 

Neil is currently a partner in Deloitte’s Risk Advisory practice in Canada. He is responsible for the Greater Toronto Area Internal Audit practice, which comprises more than 100 internal audit/risk managementprofessionals.  Neil has been an active member of the Chapter for over 18 years. 

Susie is currently the Vice President, Enterprise Risk Management at OMERS. Prior to Joining OMERS, Susie was a Director at Protiviti in their Toronto office. Susie has been an active member of the Chapter for over 13 years. 

David is currently an Operational Advisory Partner with the Grant Thornton Advisory Services practice. David has over 20 years of experience in public accounting and professional services. David has been an active member of the Chapter for over 10 years.  

Tanya is a former Partner in EY’s Toronto Advisory Practice and EY’s National Risk Leader for Canada.  She has over 20 years of experience in corporate governance, enterprise risk management, internal audit, internal controls, IT risk services, and project management. Tanya was a Toronto Chapter Governor from 2015-2017.   

Beili is currently the EVP and Chief Financial Officer and former Chief Audit Executive and Executive Director, Internal Audit Services at the LCBO where she leads the internal audit function that provides objective assurance and advisory services. Beili has been an active member for over 10 years.

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This year saw the addition of five new members to the chapter's Board of Governors, while saying farewell to five retiring members.

Steve Hack, CIA - President Ka-On Tong, CIA - Senior VP Alan Tsang - VP Administration Margaret Pacheco - VP Programs*** Sohail Choksy, CIA - Treasurer* Matthew Lowe, CIA - Secretary

     *  New member    **  Chair of the board  ***  Board approved one year term extension

ELECTED 

Ram Balakrishnan, CRMA* Margaret (Peggy) Gilmour, CRMA * Genevieve Leong, CIA Richard Maingot, CIA Tony Malfara* Scott Page, CIA, CCSA, CRMA Craig Pattinson, CIA, CRMA Jeremy Picco, CIA, CRMA* Geoff Rodrigues, CIA, CRMA

AUTOMATIC  (2nd year of term)

Jim Barbour, CIA, CFSA, CRMA, Jacquie Bukaluk, CRMA Elizabeth (Liz) Gitajn, CIA Roman Kanter, CIA Pauline Kay, CIA Jeff McIlravey, CFSA, CRMA ** Herman Van Meeteren, CIA, CRMA Bruce Webster

Hello, Goodbye 2017 - 2018 Slate of Officers 2017 - 2018 Slate of Governors

chapter highlights2,706 members in the Chapter

47 new designation holders

244 members earned long service recognition

28 chapter education sessions held

188 CPE hours offered

Enhanced governance through amendments to the chapter by-laws

60 volunteer leaders and 12 sponsoring organizations

Home to the 2016 William S. Smith – Gold Medal Award winner

Pictures from the 73rd Annual General Meeting

2016-17 was a stellar year. Here are a few stats to prove it.

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Every year the candidate who scores the highest in the CIA exam receives the William S. Smith Award, named in honor of William S. Smith, CIA - the IIA's first chairman of the Board of Regents, a former IIA chairman of the board, and a driving force behind the development of the Certified Internal Auditor® (CIA®) program.

Awards are based on individual performance on the core CIA exam parts (parts 1, 2, and 3). With year-round testing, award recipients must pass each exam part on their first attempt within one year of taking the first exam part.

As the winner of this prestigious award, Sarah attended the IIA's 2017 International Conference held in Sydney, Australia. We caught up with Sarah to get to know a bit about her and her experience at the conference.

 2016 Designations Awarded for Certified Internal Auditor (CIA), Certification in Risk Management Assurance (CRMA), Certified Government Auditing Professional (CGAP) & Certified Financial Services Auditor (CFSA) Furqan Ahmed CIA Zohaib Akhtar CIA Sanjar Alimov CRMA Ray Dylan Antiga CFSA Deniese M. Barnett CFSA Stanislav Belilovskiy CIA Sheddine Bennett CRMA Thomas Bishop CRMA Simon Blanchard CIA Anna Bogolidova CIA

Natalia Brattan CIA Antonio Caivano CIA Matthew Chin CIA Darrell Cowen CIA Janine Dale CIA Carolyn Dawson CIA Joan T. Dillon CRMA Bruno Galle CIA Kevin Gennings CIA Jiayi Gong CIA Sarah Gray CIA

Jeffrey Henderson CIA Soonfat How-Hee-Fong CIA Kieng Iv CIA Mark Jones CIA Parag Kaundinya CIA Benjamin Kenton CRMA Kristi Koo CIA Sonal Lahoti CIA Kyra Li CIA Hai Lin CIA Sergey Lyssenko CIA Binu Samuel John Mathai CIA

Aneeb Mughal CIA Ganna Obodovska CIA John Pocrnick CIA Franklin Reinders CIA Pedro Ricarte de Medeiros CIA Sonny Santos CIA Mark Seneviratne CIA Tigor Vernon Silalahi CGAPDiana Torgashev CIA Jocelyn Vaillancourt CIA Meghan Valentine CIA Robert Wang CIA Ting Ting Yeh CIA Shushan Yu CIA

gold rush

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46,416 candidates took the CIA exam in 2016

Can you tell us a bit about your path to Manager in Audit Services at Manulife?

"I attained a Bachelor of Business Administration from Wilfrid Laurier University in October 2011. I started my professional career working at Deloitte as an external auditor and obtained my CPA, CA in January 2014. I obtainedmy CIA in June 2016."

Can you describe your experience at the International Conference in Australia?

"The conference was an amazing opportunity to meet with other internal audit professionals and share thoughts and ideas on the future of the profession and current best practices.  My favourite speakers were Chris Riddell, who spoke about the technology revolution, where we were headed and what we could do to start preparing, and Dr. Pippa Malmgren, who discussed various geopolitical risks and opportunities. Both speakers had a lot of energy and opened my eyes to new things."

Sarah Gray, an IIA Toronto Chapter member won

2 0 1 6 W I L L I A M S . S M I T H - G O L D M E D A L A W A R D

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WWW.INTERNALAUDITORJOBS.CA

The Toronto Chapter would like to remind everyone of its enhanced Career Site - the premier resource to connect career opportunities with highly qualified internal audit talent.

The Career Site was redesigned to provide you with a better overall experience through a modern design and an intuitive interface. Some of the new features offered through the enhanced IIA Toronto Career Site include:

REMINDER TO USE OUR

ENHANCED CAREER SITE

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Enhanced website functionality and content for both Employers and Job Seekers.

Search Engine optimization for job postings made at our IIA Toronto Career Site.

Access to relevant jobs posted elsewhere in North America.

Job Flash emails featuring job postings from our Career Site.

Coupon Center and advertising deals for Employers.

Career Planning Tool for Job Seekers.

Social Media widgets linking to Facebook, Twitter, LinkedIn, etc. 

If you don’t already have an account, sign up today!

Access the website through any device of your choice - smartphone, tablet, or desktop www.internalauditorjobs.ca

This version of the Toronto Chapter newsletter is brought to you by the  Newsletter Team. We appreciate all feedback and want to hear from you!

Email: vp-admin@iia-toronto.org with all comments and suggestions for future issues.

19-Oct-17 2-Nov-17 15-Nov-17

6-Dec-17 17-Jan-18 7-Feb-18 28-Feb-18 14-Mar-18 6-Apr-18 18-Apr-18 16-May-18 7-Jun-18

AML Hot Topics for Auditors, Sue Ling Yip, CAMS, CFCS, CFE (Protiviti) Innovating to Increase the Effectiveness of Internal Audit (half day session), Tabish Gill, Yitao Chen (Deloitte) Highlights of the New ERM Framework - Aligning Risk with Strategy and Performance, Malissa Lundgren (PwC) Change Management for Auditors, Kathy Parker (MNP) Performing an Effective Quality Assessment,  James Chan and Mandy Yu (EY) Auditing Culture,  Bill Murphy (KPMG) The Evolving Use of Data Analytics, Carlo Lisi (TD) Agile Auditing, Wes Lynah (PwC) Latest Fraud Trends for Internal Audit to Consider (half day session),  ACFE Auditing Emerging Technologies in Cloud and Security, Ivica Popovic (EY) Leadership Skills for Auditors in Charge, TBD (KPMG) Emotional Intelligence for Internal Auditors, TBD

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Upcoming Personal Development - Breakfast Sessions

Have your say! As platinum sponsors of the IIA’s National Conference, MNP has

developed an Internal Audit Productivity Survey, to provide internal audit professionals with valuable insights on how they can effectively address

the key challenges and opportunities facing internal audit today. The survey is intended to provide professional auditors with benchmarking results on how other organizations across Canada leverage their limited

resources to address macro-economic challenges in an everchanging global climate of economic, regulatory, technological, geo-political, and environmental complexities; to, improve the productivity and scope of the internal audit function and provide opportunities to "raise the bar”.

  Watch for more information from the IIA or check www.mnp.ca/ers after

September 14 for more details and to take part in the survey.  We will share results and analysis of the survey in upcoming newsletters.

    MNP LLP (“MNP”) is the fifth largest full-service chartered professional                            accountancy firm within Canada providing tailored expertise in      

                   accounting, consulting, tax, and a wide range of business advisory services. 

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Special Thanks to our Sponsors !