January 2016 Volume 52, Issue 6 Focus IIA What’s HOT? • Next Week! Ethics Panel • Student Night • Job Opportunities - Stifel - Scottrade STL IIA Members – Happy New Year and welcome to 2016!!! I hope everyone enjoyed the Holiday break and you were able to recharge the battery. Each New Year brings a chance to start over, to develop new habits, and continue to improve our personal and professional resume. The IIA offers a great opportunity with the latter. Whether it is a new certification (CIA, CRMA, CCSA, CGAP, or the CFSA) – plenty of choices, or maybe you have some passion for our profession and are looking for a place to get involved – we are that place!! Please reach out to me and I will personally find you a committee that accommodates your goals. I am extremely excited with the training opportunities we have this Spring! Our January Ethics meeting is going to be fresh and exciting with the Panel we have put together – Don’t Miss Out on your chance to get your 2 hours of Ethics CPE for the year! President’s Message What’s Inside: January Mtg. 2 New CIAs 2 Student Night 3 Multi-Track 4-5 Dec. Recap 6 Community Cnr. 6 Social Media 7 Protiviti 7 Kforce 7 Calendar 8 70 th Celeb. 8 Scholarship 9 CAP Points 10 BSW 11 Scottrade Opp. 12 Leader Highlight 12 EBS 13 QA Committee 13 Rubin Brown 14 Stifel Opp. 15 Contacts 16 CAP Form 17 February Student Night will again be a wonderful chance to recruit the next generation of auditors to your Companies!! In March, we will have our signature event – the 6th Annual Multi-Track Conference at the Lumiere Place co- sponsored by the ACFE Chapter! We have some World-renowned speakers, some GREAT sponsorship opportunities and a CHEAP discounted rate if you register by January 31. In April, we will have our 2nd Roundtable for new auditors and an 8-hour Hot Button Topic of Cyber Security. We will try and top all of that off with a FUN 70th Anniversary Celebration on May 19th at Grant’s Farm. Please mark your calendars for all of these awesome events! I would be remiss if I didn’t remind you of our theme this year: GET Involved. BE Connected. STAY Engaged. Now is your opportunity, don’t put it off any longer!! I hope to see you at an event soon and again, Happy New Year!! Regards, Brian M. Dobrynski 2015-2016 Chapter President The IIA will NOT be offering a Spring subscription to our members / companies. We are excited to announce that we WILL continue this offer for the Chapter Year of 2016- 2017 (July-June), so please be on the lookout in April and May for information!
Transcript
January 2016
Volume 52, Issue 6 Focus IIA What’s HOT?
• Next Week! Ethics
Panel
• Student Night
• Job Opportunities
- Stifel
- Scottrade
STL IIA Members –
Happy New Year and
welcome to 2016!!! I hope
everyone enjoyed the
Holiday break and you
were able to recharge the
battery. Each New Year
brings a chance to start
over, to develop new
habits, and continue to
improve our personal and
professional resume. The
IIA offers a great
opportunity with the latter.
Whether it is a new
certification (CIA, CRMA,
CCSA, CGAP, or the
CFSA) – plenty of
choices, or maybe you
have some passion for our
profession and are looking
for a place to get involved
– we are that place!!
Please reach out to me
and I will personally find
you a committee that
accommodates your
goals.
I am extremely excited
with the training
opportunities we have this
Spring! Our January
Ethics meeting is going to
be fresh and exciting with
the Panel we have put
together – Don’t Miss Out
on your chance to get
your 2 hours of Ethics
CPE for the year!
President’s Message
What’s Inside:
January Mtg. 2
New CIAs 2
Student Night 3
Multi-Track 4-5
Dec. Recap 6
Community Cnr. 6
Social Media 7
Protiviti 7
Kforce 7
Calendar 8
70th Celeb. 8
Scholarship 9
CAP Points 10
BSW 11
Scottrade Opp. 12
Leader Highlight 12
EBS 13
QA Committee 13
Rubin Brown 14
Stifel Opp. 15
Contacts 16
CAP Form 17
February Student Night
will again be a wonderful
chance to recruit the next
generation of auditors to
your Companies!! In
March, we will have our
signature event – the 6th
Annual Multi-Track
Conference at the
Lumiere Place co-
sponsored by the ACFE
Chapter! We have some
World-renowned
speakers, some GREAT
sponsorship opportunities
and a CHEAP discounted
rate if you register by
January 31. In April, we
will have our 2nd
Roundtable for new
auditors and an 8-hour
Hot Button Topic of Cyber
Security. We will try and
top all of that off with a
FUN 70th Anniversary
Celebration on May 19th
at Grant’s Farm. Please
mark your calendars for all
of these awesome events!
I would be remiss if I didn’t
remind you of our theme
this year: GET Involved. BE Connected. STAY Engaged. Now is your
opportunity, don’t put it off
any longer!! I hope to see
you at an event soon and
again, Happy New Year!!
Regards,
Brian M. Dobrynski 2015-2016
Chapter President
The IIA will NOT be offering a Spring subscription to our members / companies. We are excited to announce that we WILL continue this offer
for the Chapter Year of 2016-2017 (July-June), so please
be on the lookout in April and May for information!
Location: Hilton St. Louis Frontenac 1335 S Lindbergh Blvd. Frontenac, MO, 63131 Time: 8:00 am - 10:00 am (Registration will start at 7:30) CPE credit: 2 hour(s)
About the Meeting This two-hour program will include a panel of Ethics professionals to speak on their experiences and answer ethics questions. Panelists will include:
Thomas Hilton - Adjunct Professor – Forensic Accounting, John Cook School of Business, St. Louis University
Carol Tate - Chief Ethics and Compliance Officer, McCarthy Holdings, Inc.
Cathy Hohl - Assistant VP and Assistant General Counsel, Federal Reserve Bank of St. Louis
Cost & RSVP Information Meeting: $70 for members, $80 for non-members Full time students are always welcome to attend our meetings for free! Course registration requirements: To register for this event, click here. If you have any questions, please feel free to contact Jen Murphy at [email protected]
Location: Hilton St. Louis Frontenac 1335 S Lindbergh Blvd. Frontenac, MO, 63131 Time: 5:30 pm - 8:00 pm (Registration will start at 5:00) CPE credit: 1 hour(s)
About the Meeting See Page 9 as well for more information… The purpose of this event is to increase awareness of internal auditing as a profession by connection students and faculty to internal audit professionals. We will have a panel discussing the various internal audit career paths available in St. Louis. Members of the panel will represent various industries and professional service firms. Following the panel there will be an open networking/career fair for students and professionals to meet. Note for students: Don’t miss the opportunity to apply for the $1,000 scholarship. Winners will be announced at student night. Scholarship applications are being accepted. For more information please apply online.
Cost & RSVP Information Meeting: $35 for members, $40 for non-members Full time students are always welcome to attend our meetings for free! Course registration requirements: To register for this event, click here. If you have any questions, please feel free to contact Jen Murphy at [email protected]
Volunteers needed! Contact Besa Dibwe at (314) 445-0076 or at mailto:[email protected] for further details.
We are pleased to announce our Nationally Renowned Key Note Speaker Scheduled to Present:
Andrew S. Fastow - Despite today’s more regulated and enlightened business environment, we continue to witness “Enron-esque” failures of corporate governance. Enron’s former CFO will make observations about how the ambiguity and complexity of laws and regulations breeds opportunity for problematic decisions and will discuss what questions corporate directors, management, attorneys, and accountants should ask in order to ensure that their companies not only follow the rules, but uphold the principles behind them. Mr. Fastow was the Chief Financial Officer of Enron Corp. from 1998 – 2001. In 2004, he pled guilty to two counts of securities fraud, and was sentenced to six years in federal prison. He completed his sentence in 2011, and now lives with his family in Houston, Texas. Mr. Fastow currently provides litigation support at a law firm, and he consults with Directors, attorneys, and hedge funds on how best to identify potentially critical finance, accounting, compensation, and cultural issues.
Focus IIA – St. Louis Page 6 of 17
Page X Page 3
When: Thursday, February 25, 2016
Location and Time: The Chase Park, 6-9 pm
Sign up: Dessert First Website
Please indicate Rhonda Travers when registering if you wish to sit at her table.
Community Corner
Upcoming event to support the Girl Scouts of Eastern Missouri
This year, the IIA’s December Meeting took place on December 10th at Schlafly Bottleworks. Schlafly provided a speaker who discussed the history of beer making in St. Louis as well as how beer is made and the various methods used to create each type of beer. Included in the presentation was a sample of a variety of Schlafly’s beers demonstrating the differences in brewing technique and processes. Following the presentation the group spent some time catching up with other members networking and socializing.
December Meeting Recap
Have an upcoming charity event that is important to you? If you are personally involved with a charity event and would like to market your event, please submit the information by the 20th of the
month to the Newsletter Committee.
Congratulations! Business Journal’s 40 Under 40 class of 2016
We would like to thank everyone who shared their planned activities, trips or hobbies for
the holiday season.
As we enter into a New Year, we would like you to share and possibly inspire another Audit professional with a 2016 goal. Use #2016resolution to share what you would like to accomplish professionally in 2016.
Due to lower participation, we did not award a December winner. Therefore, this month
we will give away at least (1), but potentially (2) $25 Amazon gift cards (prizes dependent
on number of participants). Remember it only takes a second to share and your
The Chapter wants to achieve Platinum status again and we need your assistance…
If you have recently performed a speaking engagement, employed an intern, or written an article for a professional magazine or newsletter please complete the form at the end of this newsletter or better yet go to the chapter website and complete the on-line form “Enter CAP Points” tile under Quick Links or at… https://secure.blueoctane.net/forms/AUYKXNT9ZAT0
Platinum Pursuit
As of January 4, 2016
we have an estimated
647 CAP points!
Check out our “Quest for Platinum”
status every month!
Chapter Achievement Program (CAP) CAP is the acronym for Chapter Achievement Program. The program has been established on the premise that the basic mission of the chapter is to serve its members first and then the internal audit profession. The program, sponsored by the International IIA, encourages local chapters to be active both for the benefit of the chapter members and of the local community. Local chapters earn credits for the CAP through in the following categories: a) service to members; b) service to the profession, and c) chapter administration. The Chapter Achievement Program is made up of three performance levels: bronze (685 credits), silver (1,060 credits), and gold (1,560 credits). Thanks to your efforts, our chapter has attained gold status every year since 1997. After ten consecutive years of achieving gold, a chapter achieves Platinum level which this chapter has earned since 2006. So what can a member do to earn CAP points for the chapter? Examples, include:
Attend the monthly chapter meetings; Attend chapter sponsored seminars; Utilize the chapter sponsored Certified Internal Auditor (CIA) review course; Earn an IIA certification; Develop questions for the CIA exam; Recruit new members; Present speeches or training sessions; Write internal audit-related articles for publication; Provide an internal audit internship at your company for a student; and Come up with an innovative way to promote the chapter
So, it's easy to contribute and it doesn't take too much of an effort. You can report CAP activity on the chapter website or directly to the CAP Chairperson Brent Statler at [email protected].
The main purpose of these positions is to plan and execute various financial, compliance and operational audits for Scottrade Financial Services, Inc. to ensure adherence to applicable laws and regulations, as well as mitigate financial, operational, reputational and other identified risks. While the Brokerage position is specific to Brokerage Operations/Compliance related audits and the IT position is specific to IT related audits, the Enterprise position may include completion of Brokerage related audits, in addition to financial and shared services audits.
Scottrade, Inc., a leading investing services company, partners with more than three million retail clients to provide the trading services and investment solutions they need to overcome barriers to financial success. As one of the pioneers in online investing, Scottrade was founded on providing market access at a fair and reasonable price. Now, we are empowering a new age of investors by providing more. We create solutions that meet the needs of our clients and encourage them to plan for the future.
For details about these positions, please click on the IIA Chapter Careers Website or visit Scottrade at careers.scottrade.com.
Pag
This month’s Past IIA Leader highlight! Debbie Schultz
1 – In what year were you St. Louis Chapter President?
2006-2007
2 – What are some main changes in the profession (or skill changes) since you were a leader?
Cybersecurity risks have exponentially increased. We also have more of a risk based approach and move to more operational and IT auditing than compliance focused reviews.
3 – What was your biggest challenge in your time as a chapter leader?
Participation and membership building.
4 – How did the IIA help you in your professional career?
The IIA helped provide me with technical training as I came out of college with limited knowledge of the internal audit function. I also gained leadership skills through my service as an officer and board member.
5 – Any advice you would like to give the chapter and its members?
Take advantage of opportunities presented to further your technical and leadership skills. It can only benefit you personally and professionally! Also, take the time to give back to others joining the profession.
IIA’s Quality Assurance Review Committee As a reminder from the August Newsletter, if you feel your IA shop can benefit from a ‘fresh set of eyes,’ contact me at: David L. Richert, Jr. CPA, CIA Stifel Internal Audit Director One Financial Plaza | 501 N. Broadway St. Louis, MO 63102 314 342 3831 E-mail: [email protected]
Internal Audit (IA) performs as the eyes and ears of management, providing compliance, risk, assurance and operational coverage of the enterprise. But who audits the auditors? Why would auditors want to be audited? The consistent application of the principles of the IIA’s Quality Assurance and Improvement Program (QAIP) is a goal for each IA shop. Converting this goal into practice and affirming the success of the QAIP can be realized by an independent assessment performed by a ‘fresh set of eyes’- experienced professionals who offer independent, objective evaluation services to an IA shop. Also, if you would like to become that ‘fresh set of eyes,’ volunteer. And lastly, these assessments earn CAP points for our Chapter!
