IN THIS ISSUE
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30 Years of The IIA Research Foundation
An excerpt from Foundations for Unlimited Horizons – The Institute of Internal Auditors 1941-1976, by Victor Z. Brink, PhD, CIA, CPA:
The prospects for The Institute in the research area are very bright, indeed. The growing need for more and better knowledge, a competent central staff group, and reasonably promising sources of adequate financing combine to support the foregoing conclusion. It is believed also that a more active participation at the chapter level will substantially augment the research effort.
There will be a continuing necessity for being very alert to changing knowledge needs – for example , in the evolving field of electronic data processing – with related flexibility in the direction of research efforts. Care will also have to be exercised that the research effort is reasonably related to internal auditing practice as opposed to yielding to the temptation, as researchers sometimes do, that research becomes almost an end in itself.
There is every reason to believe that the research effort will be properly focused and that it will be in the forefront of The Institute's effort to effectively meet the challenge of the future.
Thirty years later, The IIA Research Foundation has met the challenge laid down by Brink. With more than 150 publications produced, The Foundation has consistently set the standard for professional achievement in the internal auditing profession. Some highlights of the past 30 years include:
Research Foundation Historical Timeline
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3/15/1976
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Creation of the Foundation for Auditability Research and Education (FARE)
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9/20/1976
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501(c)(3) status granted
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1977
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Publication of first Systems Auditability and Control (SAC) study
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1981
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Name changed to The Institute of Internal Auditors-Research Foundation (IIARF)
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1983
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Introduction of the Monograph Series
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1985
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Common Body of Knowledge (CBOK) published
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1986
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First grants to Endorsed Internal Audit Program schools - $300,000 committed
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1990
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Chapter research award established
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1991
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Publication of second Systems Auditability and Control (SAC) study
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1992
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1992 Common Body of Knowledge published
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1994
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Systems Auditability and Control (SAC) update
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1998
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Competency Framework for Internal Auditing (CFIA) published
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2000
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Esther R. Sawyer Scholarship established
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2001
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Master Key Program launched |
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2003
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Publication of “Research Opportunities in Internal Auditing”
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2004
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Educational Products integrated into The Research Foundation
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2004
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William G. Bishop Memorial Fund Established
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2005
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Launch of CBOK update
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Research Foundation Fundraising
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Year
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Fundraising in US Dollars |
| 1979-80 |
$9,000 |
| 1985-86 |
$98,427 |
| 1986-87 |
$107,863 |
| 1988-89 |
$151,347 |
| 1989-90 |
$1,057,760 (Includes $845,979 for Systems Auditability and Control [SAC] |
| 1991 |
$151,459 |
| 1992 |
$102,404 |
| 1993 |
$146,962 |
| 1994 |
$319,216 (Includes restricted donations of $131,217 for SAC update) |
| 1995 |
$177,443 |
| 1996 |
$156,431 |
| 1997 |
$187,294 (Includes restricted donations of $48,271 for the Road-2-Success video) |
| 1998 |
$154,710 |
| 1999 |
$144,814 |
| 2000 |
$134,281 |
| 2001 |
$132,019 |
| 2002 |
$148,898 (includes restricted $45,000 grant from Sloan Foundation) |
| 2003 |
$276,170 (includes restricted $96,000 contribution from Intel) |
| 2004 |
$298,615 (includes $108,000 restricted to Bishop Fund) |
| 2005 |
$356,106 (includes $180,000 restricted to Bishop Fund) |
Reseach Foundation Themes
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People build strong foundations
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Helping great ideas take flight
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Success begins with a strong foundation
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Your key to the future
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Defining the future
Research Foundation Presidents
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John D. Bradt, CIA
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James R. Kelly, CIA
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William C. Anderson (Anderson Associates) - 1981 to 1984
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Charles W. Gissel, CIA (Morton Thiokol) - 1984 to 1986
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James W. McGill, CIA (Chase Manhattan Bank) – 1986 to1991
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Willard E. Hick III, CIA (Massachusetts Mutual Life Insurance Company) – 1992 to1995
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William J. Duane, CIA (Rockchapel Associates) – 1996 to 1998
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LeRoy E. Bookal, CIA (Texaco, Inc.) – 1998 to 2001
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Larry E. Rittenberg, CIA (University of Wisconsin) – 2001 to 2004
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Stephen A. Doherty, CIA (Automatic Data Processing) – 2004 to 2005
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Roderick M. Winters, CIA (Microsoft Corporation) – 2005 to Present
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