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Research Foundation Report - The Institute Of Internal Auditors  

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PUBLISHED BY THE INSTITUE OF INTERNAL AUDITORS
First Quarter 2006
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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

3/15/1976

Creation of the Foundation for Auditability Research and Education (FARE)

9/20/1976

501(c)(3) status granted

1977

Publication of first Systems Auditability and Control (SAC) study

1981

Name changed to The Institute of Internal Auditors-Research Foundation (IIARF)

1983

Introduction of the Monograph Series

1985

Common Body of Knowledge (CBOK) published

1986

First grants to Endorsed Internal Audit Program schools - $300,000 committed

1990

Chapter research award established

1991

Publication of second Systems Auditability and Control (SAC) study

1992

1992 Common Body of Knowledge published

1994

Systems Auditability and Control (SAC) update

1998

Competency Framework for Internal Auditing (CFIA) published

2000

Esther R. Sawyer Scholarship established

2001

Master Key Program launched

2003

Publication of “Research Opportunities in Internal Auditing”

2004

Educational Products integrated into The Research Foundation

2004

William G. Bishop Memorial Fund Established

2005

Launch of CBOK update

Research Foundation Fundraising

Year

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
  • People build strong foundations
  • Helping great ideas take flight
  • Success begins with a strong foundation
  • Your key to the future
  • Defining the future
Research Foundation Presidents
  • John D. Bradt, CIA
  • James R. Kelly, CIA
  • William C. Anderson (Anderson Associates) - 1981 to 1984
  • Charles W. Gissel, CIA (Morton Thiokol) - 1984 to 1986
  • James W. McGill, CIA (Chase Manhattan Bank) – 1986 to1991
  • Willard E. Hick III, CIA (Massachusetts Mutual Life Insurance Company) – 1992 to1995
  • William J. Duane, CIA (Rockchapel Associates) – 1996 to 1998 
  • LeRoy E. Bookal, CIA (Texaco, Inc.) – 1998 to 2001
  • Larry E. Rittenberg, CIA (University of Wisconsin) – 2001 to 2004
  • Stephen A. Doherty, CIA (Automatic Data Processing) – 2004 to 2005
  • Roderick M. Winters, CIA (Microsoft Corporation) – 2005 to Present