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1| Page What’s Inside: President’s Letter 1 March Meeting Information 2 Save the Date! Upcoming Events 3-4 Chapter News & Announcements 5-7 Job Opportunities 8 Featured Articles 9-10 KC IIA Member Spotlight 11-12 Internal Audit Crossword Puzzle Key 13 Chapter Leader 14 KC CHAPTER NEWSLETTER March 2016 From the President... ………………….. We have several exciting initiatives that the Officers and Board are looking at and I want to share them with you: Holding a Regional Conference in the spring of 2018 – Tony Jackson and Angela York will be co-chairing the committee for this initiative. This is an exciting opportunity to showcase our chapter and Kansas City. Tony and Angela have already begun recruiting for the committees and they are looking for individuals in leadership positions in the internal audit community and those with volunteer experience. This is a great way to get involved with the chapter and networking opportunities abound! Please contact Tony if you are interested. [email protected] Mentoring Program – we are looking forward to establishing a sustainable mentoring program for our members and will need volunteers to serve as mentors. If you’ve noticed at the meetings, as I have, there are a lot of younger members attending. (Maybe it just seems that way as I keep getting older!) This is an initiative that is coming down from IIA Headquarters, so we will be getting some support from them. Tony Kisner is looking for help on his Treasury Committee. This would take very little time to volunteer in this capacity and would be a good way to start getting involved. If you are interested please contact Tony at [email protected]. Justin Hinkle is looking for help on his Services Committee. If you would like to contribute to the newsletters or speak at local colleges and universities please reach out to Justin for more information. [email protected] Hope you are as excited as I am by these opportunities. The benefits and rewards to volunteering are many! I look forward to seeing you at an upcoming IIA meeting. If you have any questions or concerns about our chapter, please let me know. Sincerely, Barb Schaffert 2015-2016 KC IIA President

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Page 1: KC CHAPTER NEWSLETTER - Chapters Site - Home CHAPTER NEWSLETTER March 2016 From the President... ………………….. We have several exciting initiatives that the Officers and

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What’s Inside:

President’s Letter 1

March MeetingInformation 2

Save the Date!Upcoming Events 3-4

Chapter News &Announcements 5-7

Job Opportunities 8

FeaturedArticles 9-10

KC IIA MemberSpotlight 11-12

Internal AuditCrossword PuzzleKey 13

Chapter Leader 14

KC CHAPTER NEWSLETTERMarch 2016

From the President...…………………..We have several exciting initiatives that the Officers and Board are looking at and I want toshare them with you:

Holding a Regional Conference in the spring of 2018 – Tony Jackson and Angela Yorkwill be co-chairing the committee for this initiative. This is an exciting opportunity toshowcase our chapter and Kansas City. Tony and Angela have already begun recruitingfor the committees and they are looking for individuals in leadership positions in theinternal audit community and those with volunteer experience. This is a great way toget involved with the chapter and networking opportunities abound! Please contactTony if you are interested. [email protected]

Mentoring Program – we are looking forward to establishing a sustainable mentoringprogram for our members and will need volunteers to serve as mentors. If you’venoticed at the meetings, as I have, there are a lot of younger members attending.(Maybe it just seems that way as I keep getting older!) This is an initiative that iscoming down from IIA Headquarters, so we will be getting some support from them.

Tony Kisner is looking for help on his Treasury Committee. This would take very littletime to volunteer in this capacity and would be a good way to start getting involved. Ifyou are interested please contact Tony at [email protected].

Justin Hinkle is looking for help on his Services Committee. If you would like tocontribute to the newsletters or speak at local colleges and universities please reachout to Justin for more information. [email protected]

Hope you are as excited as I am by these opportunities. The benefits and rewards tovolunteering are many!

I look forward to seeing you at an upcoming IIA meeting. If you have any questions orconcerns about our chapter, please let me know.

Sincerely,Barb Schaffert2015-2016 KC IIA President

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DATE: Thursday, March 3rd, 2016

TIME: Registration: 7:30 AMProgram: 8:00 AM – 12:00 PMBreakfast: 7:30 AM

LOCATION: The Ritz Charles9000 West 137th StreetOverland Park, KS 66221

PROGRAM: Practical Creativity – From Pie-in-the-Sky to Boots-on-the-Ground (4 Hours)

Mike Jacka, Flying Pig Audit, Consulting, and Training Services

The concept of creative auditing is often thought of as an oxymoron. However, the application ofcreativity is the cornerstone of innovation, and innovation is the cornerstone of internal audit'sability to maintain relevance into the future. Based on real-life experiences, this session will discusshow auditors can instill creativity within themselves and their departments while alsodemonstrating how that creativity can be used to develop practical innovations within thedepartment and the organization.

After attending this session, participants will have obtained: An understanding of why creativity is important to the profession Techniques that can be used in building a creative environment An understanding of the roles of creativity and innovation Practical applications for using innovation to improve the internal audit process

CPE: 4 CPE Hours

MENU: Breakfast – The Ritz ContinentalAssorted juices, sliced seasonal fruit, assorted muffins with butter, cinnamon rolls and bagels withcream cheese and assorted breakfast sandwiches

Coffee, Tea and Soda Served Throughout

Mike JackaMike Jacka is an internal auditor and award-winning columnist and author known for his work withInternal Auditor magazine including the blog “From the Mind of Mike Jacka” and the magazine’slighter side pieces such as “Alice in Auditland”, “Auditing Songs for the Holidays”, and “AuditorsAnonymous”. Retiring from a 30-year career in internal audit with Farmers Insurance, he is nowthe Chief Creative Pilot for Flying Pig Audit, Consulting, and Training Solutions (FPACTS). He is atop-rated presenter and the co-author of Business Process Mapping: Improving CustomerSatisfaction (now in its second edition), Auditing Social Media: A Governance and Risk Guide, TheMarketing Strategy: A Risk and Governance Guide to Building a Brand, and the soon-to-bepublished Auditing Humor and Other Oxymorons.

March 2016 Meeting Information

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Save the Date!!2016 Schedule of Programs

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Save the Date!!2015 – 2016 Schedule of Programs (continued)

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Welcome to our newest members!!Andrew Rumsey, Aaron's, Inc.

Eric Pare, Blue Cross Blue Shield of Kansas City

Michael Brown, Community America Credit Union

Katrina Larsen, Community America Credit Union

Tracy Wade, Community America Credit Union

Mindi Miller, Community America Credit Union

Lori Linhos, Farmers Insurance Group

Robin Conner, Farmers Insurance Group

Alyssa Adamany, Federal Reserve Bank KansasCity

Amy Biddle, H&R Block

Gary Bost, HNTB

Jeffrey Thomas, Missouri Gaming Commission

Kyle Graves, Onspring Technologies

Khadija Chafouk-Idrissi, Protiviti Inc

Ema Martinez, Seaboard Corporation

Jeanne Collins, Shelter Insurance Companies

Tetyana Tuzhilov, The PNC Financial ServicesGroup Inc

Kari Holtkamp, The University of Kansas

Yingqiao Song, The University of Kansas

Deana Gum, UMB

Chapter News & Announcements

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Chapter News & Announcements (continued)

Congratulations on IIA Chapter Anniversaries!

Member Name CompanyName Number of YearsSean Michael, Cahoon 25James M., Bedsole 20Cathy J., Baggenstoss AB Volvo 20Mark S., Spaulding H&R Block 15Nick, Nocita Kansas City Southern Railway 15Deborah Lynn, Hill Missouri Department of Transportation 15Matthew B., Gleason Northeastern Oklahoma A&M College 15James E., Gager Jack Henry & Associates Inc 15Laura J., Robb 15William D., Miller 15Darrell J., Simpson Kansas City Life Insurance Company 15Jennifer M., Payne UMB Financial Corporation 15Jim, Wilcox American Century Investments 15Misty D., Button Pittsburg State University 10Mickie L, Blank Kansas City Southern Railway 10Dennis, Pickard Ferrellgas Inc 10Troy T., Dinges UMB Bank NA 10Jennifer, Pool American Century Investments 10Stephen Edgar, McBride 10John A., Curran The University of Kansas 10Veronica, Daniel H&R Block 10Mark, Tighe SJ Stone Company, LLC 10Monica K., Vegge Honeywell Federal Manufacturing & Technology 10Dedra L., Thomas Dickinson Financial Corporation 10Cheryl, Williams Consumer Financial Protection Bureau 10Elizabeth, Thomas NIC, Inc 10Kyle A., Konopasek CBIZ MHM, LLC 10Ann, Toy Kansas City Power & Light Co. 10Lucas, McNabney Verizon Wireless 10Brian J., Hamilton NIC, Inc. 10Kimberly, Beckley 10Cynthia R., Buttress KCoe Isom, LLP 10Beverly, Smythe DOD IG 10Lisa, Juergensen Penn National Gaming Inc 10

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Chapter News & Announcements (continued)

Congratulations on IIA Chapter Anniversaries!

Member Name CompanyName Number of YearsOliver R B, Schmidt QTS Realty Trust Inc. 10Phillip, Thackrah HNTB 10Andria, Berg Jack Cooper Transport 10Brian K., Verman CoreFirst Bank & Trust 5Bryan, Noland National Bank Holdings Corp. 5Lynn, Tankesley Commerce Bank 5Renee, Riniker Children's Mercy Hospitals and Clinics 5Renata, Matos City of Kansas City (Missouri) 5Kimberly, Stull Assurant 5Sheila, Dziura Waddell & Reed Financial Inc 5Brett, Dauffenbach Kansas City Southern Railway 5Celeste, Cason Assurant 5Anthony, Kisner Black & Veatch 5Lisa, Sweeney HUD Office of Inspector General 5Genese, Hill Ferrellgas Inc 5Andrea, Eschbacher YRC Worldwide Inc 5Justin, McDaid Johnson County Community College 5Audra, Barnes American Academy of Family Physicians 5Urvi, Biyala EY 5Brenda, Muirhead 5Terry, Phipps Grant Thornton LLP 5David, Anderson American Century Investments 5Douglas, McDonald Smithfield Foods 5

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Open Positions NASB – Senior Internal Auditor in Grandview, MO Farmers – Auditing Consultant in Olathe, KS (and various states) HR Block – Senior IT Auditor in Kansas City, MO HNTB – Director of Internal Audit in Kansas City, MO

Please visit IIA - KC Careers for more information regarding the above open positions.

Audit Career CenterIf you are looking launch your internal audit career or are seeking qualified employees, you've come to theright place. The IIA's Audit Career Center is a proven source for résumé posting and focused candidatesearches. The Career Center receives 10,000 unique visitors monthly.

To contact The IIA's Audit Career Center, please call +1-888-575-9675 or [email protected].

Job SeekersAre you seeking a job in internal auditing? IIA members may post their résumés and search for jobopportunities in the Audit Career Center.

Employers and AgenciesAre you an employer or agency looking to fill open positions in your audit department? Post job openingsand search résumés matching your criteria in the Audit Career Center. If you have any questions, pleaseemail [email protected].

IIA Career OpportunitiesCheck out the latest job openings at The IIA and find out why the Institute is selected year after year asone of the top 100 companies for working families in Central Florida.

IIA Fellowship ProgramLearn more about The IIA's Fellowship Program: Developing Tomorrow's Thought Leaders Today.

Instructions for Posting a Position on the KC IIA Website

Please provide the following information to Anthony Middleton if you’re looking to fill an openaudit position:

Job description (in MS Word format)o Descriptions provided in pdf format or retrieved from other websites often need

to be reformatted and this can be time consuming.o Descriptions will be posted in the format that they’re received.

Online application link or contact information for those interested in applying Physical job location Removal date

o Approximately 60 days is normalo This date can be shortened or extended at any time

Note: Only jobs within the Internal Audit profession (or closely related) will be posted to the KCIIA website.

Job Opportunities

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The Big Apple to Host IIA’s75th Anniversary Celebration

Organization announces New York City site of 2016 International ConferenceVANCOUVER, B.C. (July 9, 2015) — The Institute of Internal Auditors (IIA) will celebrate its 75th

anniversary next year in the city where it was founded. The organization announced at the close of its

international conference here that New York will hosts its 2016 International Conference as well as other

events related to its diamond jubilee celebration.

The announcement was made by the co-chairman of the 2016 International Conference, Nick DiMola andPaul Flora, CFSA.

For the internal audit profession, 1941 is a landmark year. It was the year the first major book on the

subject was publish — Victor Z. Brink’s “Internal Auditing” — and the year a core group of IIA foundingfathers began discussing the need for a professional organization.

Since then The IIA has grown from its original 24 charter members to include more than 180,000 members

worldwide. Today, The IIA is the internal audit profession's unquestioned global voice, recognizedauthority, acknowledged leader, chief advocate, and principal educator.

Its membership includes those working in internal auditing, risk management, governance, internal control,information technology audit, education, and security.

“What began as a group of colleagues discussing the needs of the profession over coffee has matured into

a world-class organization meeting the needs of internal auditors around the world,” said IIA President and

CEO Richard F. Chambers, CIA, QIAL, CGAP, CCSA, CRMA. “We have many special and exciting thingsplanned for our 75th anniversary, and I can’t wait for the celebration to begin.”

The 2016 International Conference will take place from July 17-20.

Featured Articles

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Proposed Internal Audit Standards Changes Unveiled

The IIA seeks input on revisions designed to meet evolving businesschallenges

ALTAMONTE SPRINGS, Fla. (Feb. 1, 2016) — The Institute of Internal Auditors (IIA) announced todayproposed changes to its International Standards for the Professional Practice of Internal

Auditing (Standards), and announced a 90-day exposure period for public comment.

The changes to the Standards are designed to help practitioners meet challenges posed by today’s

dynamic business environment and the evolving demands that environment creates on internal auditfunctions.

The proposed changes will be open for review and public comment from Feb. 1 through April 30 through

an online survey found here. The intent is to seek input from internal audit practitioners andstakeholders before final revisions are approved.

The proposed changes to the Standards are focused on three areas: enhancing existing standards on

communications, and quality assurance; creating new standards addressing objectivity in assurance

and consulting roles, as well as addressing new roles internal audit functions are taking on; and aligningexisting standards to a new set of Core Principles incorporated into the International Professional

Practices Framework(IPPF) last year.

“The demands on internal audit are evolving rapidly, and The IIA is working diligently to make sure the

Standards and IPPF reflect that evolution,” said IIA President and CEO Richard F. Chambers, CIA,

QIAL, CGAP, CCSA, CRMA. “We indicated last year that the changes to the IPPF would require related

updates to the Standards. The comment period on these proposed changes is the first step towardcompleting that update.”

The online survey is available to The IIA’s more than 180,000 members worldwide, as well as regulatorsand other key stakeholders of the internal audit profession. After the exposure period, comments will bereviewed and final changes approved in the third quarter of 2016. The modified Standards will beannounced on Oct. 1 and become effective Jan. 1, 2017.

Featured Articles (cont.)

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KC IIA Member Spotlight

Austin AbelbeckAudit Director at UMB, Corporate AuditServices

2. What are your main job responsibilities?

I currently work at UMB Financial Corporation as an AuditDirector. My portion of the audit universe includes our variouspayment functions (Cards, ACH, Wires), Support Services (HR,Marketing), and more quantitative 1st line of defense riskmanagement functions (Stress Testing, Model RiskManagement). Additionally, I stay busy championing our dataanalytics function, working on recruiting and training initiatives,and selecting and implementing a new general audit softwarefor the department, some compliance audits and reporting.

3. How did you progress to your current job?

I started my first auditing job at Mutual of Omaha almost 10 years ago, but that role was niche in auditing medical facility costreports and support. Next, I took a job at First Data Corporation in Omaha. After that, a new opportunity presented itself, and Imoved to Las Vegas Nevada and again took a job working in Internal Audit for Boyd Gaming Corporation. Life called, and three yearsago I moved back to the Midwest and began working for UMB Financial Corporation. I think what has allowed me to progress in mycareer is being open to new challenges and opportunities, applying the IIA Standards and best practices across various industries(payments, gaming, and financial services), and maintaining a constant want to learn and apply new things.

4. What initially interested you about Internal Audit?

I viewed auditing as simply an application of my undergraduate studies in accounting, so I obviously knew nothing at all aboutInternal Audit heading into the field. What I did understand was the tangible benefits of the industry such as support for continuededucation and international travel opportunities (a perceived benefit at that time).

5. What do you like to do outside of work?

My wife and I have a 2.5 year old daughter who keeps us busy chasing her around the house. Once she crashes I’ve had myoccasional TV show binge such as Breaking Bad, Silicon Valley, Mad Men, and Suits. When we get out of the house we head up toOmaha, NE and Kearney, NE to visit family and friends. I also try to get out to play golf and go to the pool as much as possible.

6. Where is your favorite spot in Kansas City and why?

The Brookside area is my favorite spot, because that is where we spent the first 2.5 years we lived in Kansas City. I enjoyed howwalkable the area was, the good restaurants, and the many things to do.

2. What do you enjoy most about your job?

Variety. Variety is also one of the best-selling points of Internal Audit for graduates looking at career opportunities. Specifically, I’vealways enjoyed the variety of industries internal auditors can work in, the variety of functions that can be audited within any onecompany, and the variety of people you are allowed to work with in completing audits.

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5. Where is your favorite vacation spot and why?

Las Vegas for the weather, familiarity, and variety of things to do. Working there in the gaming industry taught me the in-outs of howthe casinos work and all the best places to go. The weather is tough to beat if you can survive the “dry heat” of the summer. Finally,Las Vegas is great for those into recreation, those looking to have a relaxing resort get-away, or those looking for crazy celebrations.The town is built for the tourist experience, so they know how to accommodate all of the above.

6. What advice would you give to anyone considering a career in internal audit?

Go in open-minded. Be open-minded when working with clients and understanding their context and how their business works. Beopen-minded when taking on new challenges within Internal Audit and volunteering to champion initiatives, special projects, andtraining. Finally, be open-minded with your career. Internal Audit allows you to work in a variety of industries that do a variety ofthings within any one company, so be open minded to where it might take you.

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Internal Audit Crossword Puzzle – Answer Key

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2015 – 2016 Chapter Leadership

Officers:Barb Schaffert – President [email protected] Brough – VP Membership [email protected] Anstaett – VP Programs [email protected] Kisner – Treasurer [email protected] Blanding – Secretary [email protected] Hinkle – VP Services [email protected] Middleton – VP Web Services [email protected]

Board:Tony Jackson Gordon BraunMarc Woodward Jeanne ClineScott Way John CurranChristee Highbarger Jason KochStephanie Jones Angela York

District Representative:Stephanie Jones

Ex-Officio Member:Becky Casey

If you have any questions or would like to submit an article for the newsletter, pleaseemail Justin Hinkle, VP Services, at [email protected].