IN THIS ISSUE
Congratulations to The IIA Research Foundation on this, your 30th year of service to the internal auditing profession!
Research is the backbone of any profession since it provides insights into the practice of the profession plus establishes new challenges to practictioners to continuously improve performance. Over the years The IIA Research Foundation has shown its leadership in the areas of risk assessment, control assessment, and governance practices. These three foundations for our profession continue to challenge us even today. The Foundation has been able to join in unique partnership the academic and the practictioner views toward our profession that not only adds value to us in our daily internal audit activities, but it enables us to envision what we can be like in the future based on the best practices shared by our members.
My personal pledge of continued support as The Foundation moves forward with studying the practice of internal auditing around the world thanks to the William G. Bishop Memorial Fund. As new and exciting topics are thought of and projects commissioned, I look forward to the continued practical outputs of the Foundation's work to propel our profession even further into the 21st century!
Thank you to everyone involved and who supports The Foundation for your dedication, hard work, contributions, and continued vision for our profession.
David A. Richards, CIA
The Research Foundation is 30! And so many things have happened in The Foundation’s life since inception on March 15, 1976.
Traditional 30th anniversaries have a theme of Pearls. Celebrated as symbols of perfection and affluence, pearls are said to help one see oneself and improve one's self-worth. Appropriately enough, The Foundation is proud to have shared its “pearls of wisdom” over the years by sponsoring, disseminating, and promoting research and knowledge resources to enhance the development and effectiveness of the internal audit profession.
Overall, The Foundation's publication and research endeavors have been the most visible aspect of the organization's activities over the decades. Every IIA member has been exposed to the products of The IIARF. The Foundation's research program has been where the action is. As the objectives of the research program require, the publications have dealt with not only what is happening in internal auditing, but also what is likely to happen in the future. Because of this latter aspect, many of The Foundation’s publications have been on the cutting edge of auditing research.
To accomplish its mission, the Foundation benefits from a winning combination of:
In 2005, The IIA Research Foundation demonstrated maturity (37 projects completed, more than 20,000 copies of the top 25 titles sold worldwide) but also confidence in elevating its potential to new horizons. With its 30th anniversary, The IIA Research Foundation also embarks into a new adventure and mission as “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”.
By the end of 2006, The Foundation will release the first results of the new Common Body of Knowledge (CBOK) project, which on a three year cycle basis will:
This unique project is operated under the auspices of The William G. Bishop III, CIA, Memorial Fund, a living tribute to our late, widely revered president, Bill Bishop. Time after time, Bill would use research results to energize the volunteer and staff components of The IIA to modify policy, guidance and examination parameters to serve the needs of practicing internal auditors
What a great way for The Foundation to mark its 30th anniversary, leading the Internal Auditing profession into the next era.
Happy anniversary to the IIA Research Foundation!!!
Dominique Vincenti, CIA
The IIA Research Foundation is special to me because of what it meant to my husband. As you know, Bill professed great pride in being an internal auditor. Nothing was a greater source of that pride than the vital work of The IIA Research Foundation. I know that Bill often looked to The Foundation as a guiding light on the issues he faced during his tenure at The IIA. I heard him use research results as he promoted the profession to various constituents and as he encouraged volunteers and staff toward greater vision.
Bill believed that The Research Foundation serves as a beacon for the internal audit profession - highlighting challenges, opportunities, and solutions to keep the profession thriving.
I know that if he were with us, he would be a champion of this auspicious celebration of The Research Foundation's 30th anniversary. Congratulations!
Congratulations to The IIA’s Research Foundation trustees, advisors, research providers, and staff. It is a pleasure to reflect on your proud heritage of enhancing the profession of Internal Auditing as a result of your research.
When I joined the staff in 1989, The Foundation was responding to a US $500,000 donation from the IBM Company to create what was to become the Systems Auditability and Control (SAC) report. A little over a year later, hundreds of copies were shipped to internal auditors around the world. This landmark document defined the profession in the world of information technology. Later it would be translated by affiliates into other languages including Japanese and French.
From then until now, The Foundation has completed remarkable research. Two factors illustrate this best. First, the Competency Framework for Internal Auditing (CFIA) created a new understanding of internal auditing. This Australian-led research acquired input from affiliates around the world and created the first global understanding of the profession. This document would also provide the basis for a new definition of internal auditing and the related framework for standards and guidance.
The second aspect that stands out is how The Foundation permitted The IIA to successfully respond to new challenges such as: internal auditing outsourcing, defining internal auditing responses to the Treadway Commission recommendations to reduce fraud, and assisting internal auditors implement new legislative, regulatory, and listing exchange requirements. Clearly, The Foundation has been a primary means of defining the knowledge and skills that underlie the profession.
The IIA’s vision for this research organization included affording internal auditing professionals an opportunity to give back to the profession which had been very rewarding for its practitioners. The most obvious way is the opportunity to make donations that, for US citizens, are tax-deductible but donations are only the start. A succession of dedicated trustees, research advisors, and staff have consistently come together to hone the profession of Internal Auditing by improving governance, risk management, and control within organizations served by IIA members. These individuals have generously contributed time, treasure, and skills to their profession.
Today and for the future, The Foundation is the source of best internal auditing practices for companies, governmental entities, firms, colleges, and universities.
Basil Pflumm, CIA
Anniversaries are time to reflect on the past. The Foundation has been a great resource for internal audit practitioners and academics. On a personal note, I can remember the first time I read the Systems Auditability and Control report (SAC) in the mid-1970s. As a young IT auditor (we were known as EDP auditors at that time), it became my bible as the definitive source for systems auditing and controls. It exceeded everything else available on this subject and set the standard that we take for granted today. The Foundation has helped me during my professional career which why I try to give back to it as generously as I can. I want to congratulate The Research Foundation on its success over the past 30 years.
Thomas J. Warga, CIA
I am honored to add my congratulations to The IIA Research Foundation on the occasion of its 30th anniversary! I am indebted to the IIARF Trustees and Headquarters staff for their efforts to provide research and publications for the benefit of the internal auditor and the profession.
The IIARF's dedication and commitment served as a classic example for me during my year as Chairman of the Board as a group that did "Seize the Moment" to take our profession to the next level.
I personally attribute much of my own involvement with The IIA due to two remarkable individuals that are closely aligned with the IIARF. The Chicago Chapter's beloved leader and the IIARF's stalwart Trustee, William C. Anderson, was a mentor who exemplified The IIA's motto "progress through sharing." The IIARF's Associate Trustee program was named in his honor, a fitting tribute for someone who tirelessly worked to enhance awareness of the Foundation at the local chapter level. And now, the William G. Bishop III, CIA, Memorial Fund is a fitting tribute to someone who put the profession "on the map." It was through his ground-breaking efforts that The IIA became a global organization so it is indeed fitting that this special fund is devoted to the study of internal auditing on a global basis. Bill tutored us all to be proud to be an internal auditor ... we should be equally proud to be supporters of The IIARF!
Thirty years ago this year ,and seven years before I joined The IIA, The IIARF was created on March 15,1976 and was called the "Foundation for Auditability Research and Education" (FARE), before changing its name in 1981 to what it is today - The Institute of Internal Auditors Research Foundation (IIARF).
However, when The IIA was formed in 1941, research was one of the major initiatives. Victor Brink, CIA was appointed the first director of research in 1942. Therefore, it is quite apparent that our founders realized the value of research then as much as we do now. Research then was in its simplest form:
From 1953-1975 there were 19 research reports issued by The IIA. This year as we celebrate the IIARF’s 30th anniversary we know that much of our success is because we have had the necessary research conducted on a global basis and as we proceed in these new and challenging times the research will help set our direction.
William L. Taylor
I have always relied upon The Foundation as a source of practical guidance on trends in internal auditing and have valued its ability to present information in a format that can be used by both audit management and staff.
As an IIA Research Foundation Trustee, I am very proud to be associated with an organization that provides global professional research and education on the ever changing internal audit profession. Over the years the Foundation has provided valuable information to ensure an internal auditor is well educated and has the most up to date research information about not only the internal audit profession but also related business areas that directly impact an auditor’s work.
The Foundation is a shining example of The IIA’s mission of "Progress Through Sharing." I wish The Foundation many more years of great success.
Howard J. Johnson, CIA
I feel very strongly about supporting The Research Foundation. I think it all goes back to The IIA’s motto of Progress through Sharing, because I truly believe that you can only get out of something what you put into it. We have a responsibility to contribute financially (personally and/or through our organizations) and to donate our time and talent to the betterment of our profession.
The primary outcome is education. The IIA has been very good at maintaining the visibility of the profession at the university level and keeping academicians mindful of current issues as they apply to internal auditing by providing timely and relevant information about the roles and responsibilities of internal auditors.
Professional credibility is another key issue. By taking a more scholarly approach to the profession, The IIA Research Foundation builds our credibility with management and with government entities.
Overall, I think we can be very proud of our profession, our fellow practitioners and the work they are doing within their organizations. As long as we continue to stay on the forefront of issues that are important to our members and continually challenge ourselves to take it to the next level, the future of internal auditing looks very promising to me.
Dennis Beran, CIA
Congratulations on 30 outstanding years of serving the Internal Audit Profession. Your forward looking insights and products have preceded the needs, as well as, provided practical ongoing substance for sound execution and ever improving our relevance and value to the profession, boards, investors and companies we serve.
Kimberly Gavaletz, CIA
PricewaterhouseCoopers congratulates The IIA Research Foundation on 30 years of service to the internal audit profession. We are honored to serve on the Board of Trustees of The Foundation and look forward to continuing to support its important mission. The work of The Foundation is consistently at the leading edge of the profession today thanks to the tireless efforts of The Foundation members and the supporting IIA staff. We are particularly grateful for the opportunities we have had to author and co-author various research projects sponsored by The Foundation. We look forward to The Foundation's continued success!
Deloitte & Touche LLP congratulates The IIA's Research Foundation on its 30th anniversary. The research and educational resources that The Foundation has provided in its history have not only benefited each of us as individuals but also internal audit as a profession. Deloitte & Touche is pleased to have had the opportunity to contribute to this meaningful work, both through our involvement in individual research projects, and also by serving on The Research Foundation's Board of Trustees. We look forward to continuing this meaningful relationship and wish The Foundation much future success.
Deloitte & Touche LLP
On behalf of KPMG, sincere congratulations to The IIA Research Foundation on achieving its anniversary. In its 30th year of operation, The Foundation can be proud of the substantial contribution it is making for the profession, business and other constituencies it serves. It is an achievement in which The Foundation and its members must take some pride.
As a Board of Research and Education Advisors member, I have watched The Foundation grow from an idea into an organization that reaches around the world, into all countries, helping professionals gain access to education, current and timely research and training. While I have served on the Board, I have seen The Foundation improve accessibility through use of technology, increase its globalization through the availability of materials in multiple languages, and availability through its continued focus on academic research and practitioner guidance.
We at KPMG are confident that The Foundation will rise to meet the future challenges as it has done since inception. Again, congratulations on all that you have achieved in those 30 years and we wish you every success in the many decades that are yet to come.
Congratulations to The IIA Research Foundation for successfully leading the internal audit profession these 30 years by successfully combining practice and theory. I have enjoyed working with The Foundation on behalf of The IIA membership. I look forward to reading each new research study or monograph. A big "Thank You" to all the outstanding leaders and volunteers and Institute staff who helped The IIA Research Foundation successfully meet its objectives during the past 30 years.
Douglas E. Ziegenfuss
As a "foreigner" from the UK it has been a privilege to work with The IIARF for a number of years. It has given me an early insight into developments in the internal auditing world and equally importantly has enabled me to share the thoughts, experiences and motivations of so many dedicated and able people. It has been good to try and present issues from a global perspective and to get a very open and positive response from the predominantly American contingent. Most poignantly, the September 11 tragedy brought home to me how much I had come to value my American friends.
For 30 years no organization has come close to matching the utility of your research, educational and training programs for internal auditors.
Dr. Peter Hughes
Congratulations to The IIA Research Foundation on its 30th anniversary! Your ongoing support of the academic community's research efforts is much appreciated!
Audrey A. Gramling, PhD, CIA, CPA
I joined The IIA as The Research Foundation Administrator on March 17, 1999. I kept hearing about “Sofia” -- sometimes how great she was, other times what a pain she was. I couldn’t wait to meet this mysterious person. Surprise! I finally figured out that folks were talking about The Competency Framework for Internal Auditing (CFIA).
The Leadership Conference was upon us, and copies of CFIA needed to be distributed to the Chapter leaders. How best to do this? Basil Pflumm, IIARF Executive Director, said we needed cardboard suitcases. No, too heavy. I looked in the phone book, and contacted a local company to do printing on canvas bags. We got the logo from The IIA marketing department, and the bags were ready in time for the conference. However, we overestimated the quantity needed, so had plenty left over for several years after that. There are probably still some in a closet somewhere.
If you are among the many thousands of practitioners who have benefited from The Foundation's existence,tell us how. Your comments will be added to our 30th Anniversary Congratulatory Messages page.
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