Defining the Future

1
The IIA Research Foundation

• Defining the Future

2
Agenda

• What is The Foundation?
• 30th Anniversary
• Supporting The Foundation
• Scholarships and Grants
• Foundation Products
• Research reports
• Educational products
• Common Body of Knowledge (CBOK)
• Chapter and Affiliate Resources

3
What is The Foundation?

• A nonprofit 501(c)(3)
• corporation
• Operated by voluntary support from the internal
  auditing profession
• Oversees research and educational products

4
IIA Research Foundation30th Anniversary

• Founded in 1976 as the Foundation for
  Auditability Research and Education (FARE)
• More than 150 research reports produced
• More than 4 million dollars in contributions

Producing Pearls of Wisdom for 30 Years
5
Mission

• The Institute of Internal Auditors Research
  Foundation is the integrated research and
  educational products arm of The IIA dedicated to
  facilitating the effective management of the
  internal audit guidance life cycle and developing
  global guidance resources.

6
Objectives

• To support research and education in internal
  auditing and to promote the internal auditing
  profession by
• Researching emerging issues
• Developing educational tools and materials for
  established internal audit practices
• Ensuring integration and alignment with all
  relevant IIA activities
• Continuously reassessing internal audit practice
  and refreshing the CBOK

7
Governance

• Board of Members (IIA Board of Directors)
• Board of Trustees
• Board of Research Education Advisors

8
Headquarters Staff
Eugene ONeill, Director of Finance
Dominique Vincenti, Executive Director
Charity Prentice, Vice President-Research
Bonnie Ulmer, Director-Educational Products
Jeffrey Swerdlow, Director-Project Management
Research
Nicki Creatore, Research Foundation Operations
Manager
Lee Ann Campbell, Senior Editor
Erin Weber, Educational Products Operations
Specialist
Krista Kuhr, Educational Products Administrator
9
Financial Support

• Corporations
• IIA Affiliates
• Individuals

ALL U.S. CONTRIBUTIONS TAX-DEDUCTIBLE
10
Financial Support

• Contributions support
• Research Projects
• Educational and Technical Forums
• Educational grants
• IIA-Endorsed Curricula

11
Financial Support

• 30th Anniversary Donor Specials
• Organizations
• Recognition on IIARF website
• Master Key subscription
• Pathway to Progress commemorative brick
• Recognition on signage at IIARF Bookstore onsite
  at IIA events
• Recognition in Annual Report

12
Financial Support

• 30th Anniversary Donor Specials
• Individuals
• Commemorative business card case for any
  contribution of 30 or above.
• Commemorative business card case and brick on IIA
  Pathway to Progress for contribution of 300 or
  above.

13
Master Key Program

• 1,000 donation receive all research reports
  automatically
• 3,000 donation receive all Research Foundation
  publications
• 5,000 donation receive all Research Foundation
  publications, recognition as research sponsor,
  and an invitation to a Chairmans roundtable

14
Scholarships and Grants

• Esther R. Sawyer Scholarship Award
• Funded by a grant from the Sawyer family
• Awarded to students at IIA endorsed schools
  pursuing studies in internal auditing
• Grant amount of 5,000 with up to 3,000 to the
  school

15
2005 Completed Reports

• Audit Committee EffectivenessWhat Works Best,
  3rd Edition
• Continuous Auditing An Operational Model for
  Internal Auditors
• Factors Affecting Corporate Governance and Audit
  Committees in Selected Countries (France,
  Germany, the Netherlands, the United Kingdom, and
  the United States)
• XBRL Potential Opportunities and Issues for
  Internal Auditors
• Sarbanes-Oxley Section 404 Work Looking at the
  Benefits (published online)

16
2005 Academic Research

• Control Practices in Collaborative
  Inter-organizational Settings
• The Role of the Internal Audit Function in
  Enterprise-wide Risk Management (ERM)
• Survey and Analysis of Communication Systems
  Required by the SOX Act of 2002
• Enterprise Risk Management and the Internal
  Audit Function

17
Projects in Progress

• Taking It to the Next Level Sarbanes-Oxley and
  COSO ERM
• Behavioral Aspects of Internal Auditing
• The Internal Audit Functions Corporate
  Governance Relationships

18
2005 Educational Products

• Auditing Security and Controls of Windows 2000
  and Windows XP Professional
• Auditing Security and Controls of Windows Active
  Directory and Group Policy Objects
• Auditing Security and Controls of Windows Active
  Directory DomainsAuditing Security and Controls
  of Windows Server 2000 and Windows Server 2003
• Auditing the Casino Floor A Handbook for
  Auditing the Casino Cage, Table Games, and Slot
  Operations, 2nd Ed.
• Certified Government Auditing Professional
  Examination Study Guide, Third Edition

19
2005 Educational Products

• Construction Audit Guide Overview, Monitoring,
  and Auditing
• Global Technology Audit Guides
• Guide 1 Information Technology Controls
• Guide 2 Change and Patch Management Controls
  Critical for Organizational Success
• Guide 3 Continuous Auditing Implications for
  Assurance, Monitoring, and Risk Assessment
• Proactively Detecting Occupational Fraud Using
  Computer Audit Reports Self-Study Course
• Quality Assessment Manual CD-ROM French
• Survey Risk Management and Mapping Process-
  Design, Implementation, and Evaluation

20
Projects in Progress

• Audit Committee Communications
• Auditing Intellectual Property
• Conflict Management and Negotiation Skills for
  Internal Auditors
• Control Models A Practical Guide
• Implementing the Professional Practices
  Framework, 2nd Edition
• Internal Audit Manual Shell on CD Update to
  Sarbanes-Oxley
• Internal Auditing Assurance and Consulting
  Services
• Internal Auditor Job Market 2005
• Litigation Involving Internal Auditors, External
  Auditors, and Audit Committees
• Sustainable Development

21
The Common Body of Knowledge (CBOK)

• Funded by The William G. Bishop III, CIA,
  Memorial Fund

• Established in 2004, the Fund honors Bills
  memory and his singular contributions to
  advancing the profession of internal auditing.
• More than 450,000 raised to date

22
Purpose of CBOK

• Develop a summary of the global practice of
  internal auditing
• Provide insights on the practice of internal
  auditing, how it has changed and where it is
  going
• Provide information on the context in which
  internal auditing is practiced (the role within
  organizations, governance structures, regulation,
  etc.)
• Communicate data, analysis and report results to
  the various international committees and IIA
  business units

23
William C. Anderson, CIA,Associate Trustee
Program

• Encourages, promotes and coordinates chapter
  research.
• Maintains chapter resource library.
• Coordinates research activities with other
  chapter activities.
• Promotes funding of research activities at local
  and international levels.
• Submits annual report of activities to The
  Foundation.

24
Chapter Research Competition

• Encourages research at local level
• Foundation awards top three projects annually
• Matching grant available in most cases
• Submitted by March 31

25
Chapter ResearchMatching Grant Program
500.00
26
Chapter Resources

• For more information on the William C. Anderson,
  CIA, Associate Trustee program, see the Associate
  Trustee Manual online.
• For more information on Chapter Research, see the
  Chapter Research Manual online.
•  

27
Chapter Achievement Program

• 20 Credits Chapter Research Project
• 10 Credits Research Foundation Donation /
  Chapter Size
• 10 Credits Research Foundation Donation / of
  members
• 10 Credits Chapter Associate Trustee Report

GO FOR THE GOLD
28
Foundation Circle

• Chapters contributing to The Foundation for five
  consecutive years
• For Year 2004-2005, 42 chapters were recognized

29
Research Due Dates

• Key Deadlines
• March 1 - Esther Sawyer Award Submissions
• March 15 - Chapter research projects
• May 15 - Chapter Associate Trustee Annual Reports
• May 15 - Chapter contributions
• Sept 15 - Chapter Research Matching Grant requests

30
For Additional Information

• Website www.theiia.org/research
• E-mail research_at_theiia.org
• Phone [phone]

31
Heres to the next 30!