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The Institute and the Profession

The Institute and the Profession. Personalize your title and presenter here. The Institute and the Profession: 1. History. 1941: New York, United States 1944: Toronto, Canada 1948: London, England. Our Motto. Progress Through Sharing. Objectives. Global Organization

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The Institute and the Profession

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  1. The Institute and the Profession Personalize your title and presenter here. The Institute and the Profession: 1

  2. History 1941: New York, United States 1944: Toronto, Canada 1948: London, England

  3. Our Motto Progress Through Sharing

  4. Objectives Global Organization Recognized Authority Acknowledged Leader Principal Educator

  5. Premier Source More than: 85,000 Members 120 Countries 230 Affiliates

  6. Services, Programs, & Products Training Certifications Benchmarking Guidance Technology Educational Products Research Foundation

  7. Professional Practices Internal Auditing Independent Objective Assurance & Consulting Activity Adds Value Helps Meet Objectives

  8. Professional Practices Framework Code of Ethics Standards Practice Advisories (PAs) Development and Practice Aids

  9. Strategic Directives Professionalism Technology Global Voice Process

  10. IA - Roles and Responsibilities Evaluate Risk Confirm Information Analyze Operations Review Compliance Recommend Controls Assure Safeguards

  11. IA – Reporting Relationships The internal auditor should report directly to the Audit Committee on a functional basis and to the CEO on administrative matters.

  12. Corporate Governance The Four Cornerstones Audit Committee of the Board Executive Management Internal Auditors External Auditors

  13. Audit Committee Primary Responsibilities Financial Reporting Corporate Governance Corporate Control

  14. Internal Control Components Control Environment Risk Assessment Control Activities Information & Communication Monitoring

  15. Risk Management Identify Assess Rank Communicate Anticipate Mitigate Risks

  16. Enterprise Risk Management Strategic Risk Operational Risk Financial Risk Hazard Risk

  17. COSO’s ERM Framework

  18. The Institute and the Profession For more information: Visit www.theiia.org Call +1-407-937-1111 E-mail custserv@theiia.org

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