The IIA Research Foundation

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. 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 IIA Research Foundation30th Anniversary “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 O’Neill, 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. CONTRIBUTIONSTAX-DEDUCTIBLE

10. Financial Support Contributions support: • Research Projects • Educational and Technical Forums • Educational grants • IIA-Endorsed Curricula

11. 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 Financial Support

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 Chairman’s 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 Effectiveness—What 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 Function’s 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 Bill’s 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. 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 Chapter Achievement Program 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@theiia.org • Phone: +1-407-937-1356

31. Here’s to the next 30!