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2011-2012 Programs

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February 2011 Newsletter

IIA Insight

 

Welcome to the Official Web Site of the Long Island Chapter of
The Institute of Internal Auditors!

Read more about the following:

FASB Convergence Standards and Fair Value Measurements - 2/10/12
Upcoming IIA International Conference - 7/8/12-7/11/12
PACE University's CIA Review Program - Register now for Spring classes
COSO Releases Draft Update to Internal Control–Integrated Framework for Public Comment
Photos from Annual Dinner


Stay tuned for these upcoming events!!

  • FASB Convergence Standards seminar - Friday, February 10, 2012 8:30- 1:30

  • Technology Conference - Friday, Mar 16, 2012, 8:30 - 4:30


Our next offering is a 1/2 day  seminar  - FASB Convergence Standards and Fair Value Measurements, which will be presented on Friday, February 10, 2012 at the Melville Marriott from 9:00 a.m. - 1:30 p.m.  Participants will earn 4 CPE credits.  (Note: Registration time is 8:30)

This seminar will provide an update on the FASB and IASB’s convergence projects with a focus on the latest exposure drafts over revenue recognition and leasing with insight into how these convergence standards could significantly impact company’s accounting models as well as their IT systems, business operations, and people. 

It will also provide attendees with an overview of the current requirements of fair value estimates and insight into recent comments from the SEC and PCAOB around management’s responsibilities for maintaining effective processes and controls over these estimates.

http://www.cvent.com/d/hcq9nw/4W 

 If you are having trouble with the link, notify Alice Seoylemezian at a.seoylemezian@MorganStanley.com or call (212)762-7037, of your intent to attend the seminar and enclose this registration form along with a check made payable to the IIA Long Island Chapter and mail to:

IIA – Long Island Chapter

PO Box #442
Smithtown, New York 11787


This Year's IIA International Conference will be held in Boston, July 8-11, 2012.  Click  here for more details.

2012 IIA Conference Boston 


  Register now for PACE University's CIA Review Program at the link below:

 www.pace.edu/cia

CIA Review class   Prepare for the CIA Exam with Pace University’s Certified Internal Auditor Exam Prep Course. This course combines expert classroom instruction with the Institute of Internal Auditors (IIA) CIA Learning System. CLICK here for more information.......OR


Check out the IIA's Self Study - CIA Learning System
 which you can use as a Self-Study for the CIA exam 
 The IIA's CIA Learning System is a comprehensive training course designed to provide chapters, members, and the audit community of professionals with information and tools to master the global CIA exam syllabus.

Self Study CIA Review


 


**COSO Releases Draft Update to Internal Control–Integrated Framework for Public Comment**
The updated draft Framework addresses changes in the business environment and associated risks since its original publication in 1992. COSO worked with PricewaterhouseCoopers in updating it for organizations to adapt to increasing complexity and pace of change, mitigate risks to the achievement of objectives, and provide reliable information to support sound decision-making. One of the most significant enhancements is the codification of the original internal control concepts into 17 principles and supporting attributes that further support organizations as they apply judgment in managing risk and improving performance.

The comment period ends March 31, 2012. To access the complete Internal Control–Integrated Framework update, visit www.ic.coso.org. A Jan. 31 webinar will offer an overview of the proposed revision. To register, visit bit.ly/xCVIWk. 
 
 
    

Finally, pictures from the June Dinner!


Don't forget to check the IIA main website for a list of free webinars to members!

Click here for the complete schedule of  IIA - Long Island 2011-2012 programs 


     


     Have ideas for articles for our Chapter Newsletter?   Contact Michael Lanning at   MLanning@astoriafederal.com 

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