Derby City

MESSAGE FROM THE PRESIDENT According to Guinness Book of World Records, the world’s largest Christmas stocking measured 106 feet and 9 inches long and 49 feet and 1 inch wide. It weighed as much as five reindeer and held almost 1,000 presents. It was made by the Children’s Society in London on December 14, 2007. In addition, the tallest Christmas tree ever cut was a 221-foot Douglas fir that was displayed in 1950 at the Northgate Shopping Center in Seattle, Washington. Now think about the interesting conversations the internal auditor had who reviewed these holiday facts! It has been estimated by the Encyclopedia of Christmas that there are approximately 20,000 Santas in training across the United States. Typical internal controls include seasonal training on how to maintain a jolly attitude under pressure from the public. They also receive practical advice, such as not

accepting money from parents and avoiding garlic, onions, or beans for lunch. Over the next few weeks our homes, offices, and schools will start to transform into winter wonderlands surrounded with holiday cheer. Before your calendar is filled with year-end deadlines and Holiday events, join us at our December lunch meeting. Tony Belak and J-R Curtin will rejoin us to discuss workplace bullying. I hope that everyone has a joyous holiday season! Happy Holidays!

Sasha Pavoni, CPA, CIA, MBA Louisville IIA Chapter President

SPECIAL POINTS OF INTEREST

December Monthly

Luncheon Meeting

Local IIA News

National IIA News

NEWSLETTER SUBMISSIONS

The newsletter will be published monthly from September 2016 through May 2017. If you have a request for a submission please email the information to kgraham@pbibank.com and your submission will be included in the next month’s issue.

Twitter Page LinkedIn Group AuditChannel Facebook Page Chapter Homepage

Louisville IIA Chapter News Disclosures

DECEMBER 2016

MONTHLY CAP UPDATE Our Chapter offered four opportunities to earn CPE during October. The monthly luncheon meeting on “A Practical Approach to Auditing Third-Party Risks” earned 20 CAP points. The 2-day John Hall seminar with the topics “How to Audit Better” and “Advanced Fraud Concepts” earned 110 CAP points. The 2-hour afternoon meeting on “Ethics” earned 10 points. The CAP total is currently 407 and the categories are listed below.

Service to Members – 173 Service to Profession – 81 Chapter Administration – 153 Please email the CAP Chair with any questions.

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DECEMBER MONTHLY MEETING

Date: Tuesday, December 13, 2016

Registration: 11:30 a.m. - 12:00 p.m. ET

Meeting Time: 12:00 - 1:00 p.m.

Presenter(s): Tony Belak & J-R Curtin

CPE credits: 1 hour

Cost: Member Price: $25

Non-Member Price: $30

Location: Bristol Bar & Grille—Downtown

614 W. Main St.

Louisville, KY 40202

Registration: Here

PRESENTATION SUMMARY We are excited to present, Tony Belak and J-R Curtin speaking about Workplace Bullying. Workplace bullies are people who belittle, humiliate, and threaten their colleagues and co-workers. Organizational cultures exacerbate the problem when leaders do not understand workplace bullying or dismiss it as tough management.

PRESENTERS’ PROFILES Tony Belak Tony Belak is the former Ombuds at the University of Louisville, where he retains a faculty appointment in the Department of Urban and Public Affairs. He is a founding member of the 4Civility Institute and the International Center for Compassionate Organizations. He was the Senior Dispute Resolution Counsel for the Department of Veterans Affairs and is not only a mediator and arbitrator but also a teacher in basic, advanced, and specialized conflict resolution. He is recognized for his innovation in designing conflict resolution programs within the workplace. John-Robert Curtin, Ph.D. John-Robert has extensive experience in education, training and in anti-bullying efforts. He is a founding member of the 4 Civility Institute, a not-for-profit organization that provides training, software systems,

restorative justice and Behavioral Transition/Transformation Practice solutions to schools, businesses and organizations. He is also the founder of and the Chief Executive Officer of Connected Learning Network, an education-based company, which has provided online services to over 120 schools, colleges, businesses and organizations worldwide. John-Robert is also known for his work in public television, as an Emmy award winning producer and station president.

LUNCH MENU

The monthly meeting includes your choice of one meal selection:

Cobb Salad Diced chicken, diced tomatoes, green onions, hard-boiled egg, fresh avocado, Danish blue cheese and bacon, served over iceberg lettuce. Harry’s dress-ing.

Rosemary Pork

Oven roasted pork loin topped with a rosemary sauce. Served with rice and vegetable.

Penne Puttanesca

Zucchini, squash, egg-

plant & tomato tossed

with penne pasta &

topped with Parmesan

cheese.

Turkey Sandwich Smoked turkey breast, Cheddar cheese, lettuce & tomato on toasted wheat bread (Packet of mayonnaise & mustard on the side). Served with chips.

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LOCAL IIA NEWS

FALL NETWORK STUDENT EVENT On November 3rd, our Chapter hosted the Annual Fall Student Network event where we invited students form the local universities to network with local IIA and ISACA members. We had student attendees from both Bellarmine and University of Louisville. The students were exposed to various career paths and were supplied an opportunity to ask many insightful question. Thank you to Judy Martin, our Chapter’s Academic Relations Chair, for her hard work and dedication to bring students and our profession together. Below are some pictures of the event.

BELLARMINE SCHOL-ARSHIP

With the proceeds that are raised from the sem-inars, our Chapter do-nates scholarships to our local universities. The students are select-ed by the Accounting Chair who exhibit dedi-cation to their growth and development in the accounting field. The student recipients are very grateful for the continued support from our Chapter.

QUALITY ASSESSMENT REVIEW In 2013 the chapter began a Quality Assessment Review program. Participants attended an IIA training that instructed them on how to perform third party validation reviews of internal audit department’s compliance with the International Professional Practices Framework. The audit departments that were interested paid an extra fee and sent a staff member to the training and for their commitment of staff and money would receive a third party validation. A few participants agreed to volunteer to participate in at least one external validation. We have received some interest from a couple of departments interested in the chapter program. We are reaching out to the membership to determine the continued interest in this program. Please click here to take a short survey. To date, the chapter has performed three validations. We have two departments that are in the process of getting ready to receive an external validation of their self-assessment.

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LOCAL IIA NEWS

UPCOMING LOCAL EVENTS

ATTENDANCE CHANGES Please note that the Louisville Chapter is responsible for the advance cost of materials, resources, speaker fees as applicable, and catering for our seminars and lunch meetings. Our program profits are reverted back to the chapter and community via future events for our members and scholarships for our local students. We have experienced an increase request for reimbursement for a cancellation made the day of an event. Timely notice will prevent our chapter from incurring avoidable costs from inaccurate attendance totals. Our policy is that cancelations and/or changes to the attendees must be made 7 days prior to a seminar and 24 hours prior to a lunch meeting. Thank you for understanding.

JOB OPPORTUNI-

TIES

The local chapter has job opportunities posted on the chapter website

here.

Date Topic Speaker

12/13/2016 Workplace Bullying Tony Belak and J-R Curtin

1/10/2017

How to Prepare for Audit Committee and Board of Director Expectations from

Cybersecurity and Audit AJ Armour

1/24/2017 Anti-Money Laundering and Terrorist

Financing Brenda Buetow

2/14/2017 Applying Fuzzy Logic Doug Burton

3/14/2017 TBD Adam Keal

4/11/2017 Current Status of IT Audit Jamey Reynolds

4/25/2017 TBD TBD

5/X/2017 TBD TBD

PLATINUM STATUS ANNOUNCEMENT Our Chapter would like to say thank you and congratulations to our 2015/2016 Officers, Committee and volunteers for their hard work and dedication as they drove our continued status as Platinum. Without the volunteerism we have experience our chapter would not be able to offer the programs, networking and exchange of information made available to our members. Thank you!

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LOCAL IIA NEWS

REMEMBER TO REPORT CAP ACTIVITIES

CAP points are awarded for numerous audit-related activities such as making group presentations, earning IIA certifications, serving on IIA national committees, submitting videos to AuditChannel.tv, writing exam questions for IIA certifications, participating in Junior Achievement programs, hosting internal audit events at the workplace, publishing IIA events or proclamations in company newsletters, and submitting original articles to Internal Auditor magazine or other professional journals. In addition, new chief audit executive (CAE) membership to the Audit Executive Center (AEC), and becoming involved in AEC activities such as referring authors, submitting thought leadership pieces, and submitting resource documents (e.g. audit tools, templates, plans, programs) to the AEC Resource Library also earn CAP points for the chapter. Please keep these in mind during the upcoming summer months and report any activity to Chapter Secretary and CAP Committee Chairperson Jenni Schelling.

CALL FOR VOLUNTEERS

A list of current chapter

committees is on page

seven. Chairpersons for

each committee are ap-

pointed each year by the

newly-elected chapter

president. Volunteers are

needed to work under

the direction of commit-

tee chairpersons.

Remember that you help

shape the success of the

chapter through your

volunteering efforts. If

you have not previously,

or recently, served on a

chapter committee,

please seriously consid-

er volunteering. If you have an interest in a certain committee and would like to serve, or have questions about specific committee re-sponsibilities, please con-tact Sasha Pavoni or Son-ja Heath.

MEMBERSHIP ANNIVERSARIES We would like to recognize our chapter members who are celebrating milestone membership

anniversaries in The IIA. Congratulations to all of you!

Milestone Name

New Members Catherine Graviss, Angela Moore, Michael Grant, Jessica

Matlock, and Aaron Searcy

1 Year Marcy Rouse, Randie Barnard, Nathan Thieneman, and

Charles Beauchamp

CIA CERTIFICATION NEWS

Sammie Parsley completed the requirements for the Certified Internal Auditor (CIA) program and has therefore earned the CIA designation. The clock is ticket, but you still have time to earn and report CPE for this period. This is a friendly reminder that the December 31st CPE reporting deadline is coming very soon.

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NATIONAL IIA NEWS

FUTURE IIA SEMINARS AND CONFERENCES

Conference Date Location

Environmental, Health and Safety Exchange

January 9-10, 2017 Las Vegas, NV

General Audit Management Conference

March 20-22, 2017 Orlando, FL

Gaming and Hospitality Conference

April 19-20, 2017 Las Vegas, NV

Western Regional Conference June 6-9, 2017 Anaheim, CA

International Conference July 23-26, 2017 Dallas-Ft. Worth, TX

UPCOMING IIA WEBINARS

SEC Investigations: Are there Benefits to

Cooperation and Self-Reporting?

December 13, 2016 1:00-2:30 p.m. ET

The Election’s Over,

Now What?

December 20, 2016 1:00-2:00 p.m. ET

Risk Proofing Your Organization and

Probably Your Career

February 7, 2017 2:00-3:00 p.m. ET

CPE credit is available for those attending live broadcasts of IIA members-only webinars and guidance briefings, and completing polling questions. Registration is required.

MANAGING YOUR AUDIT CAREER IIA President and CEO Richard Chambers, CIA, CGAP, CCSA, CRMS, has recently shared his personal reelections and insights through “top lists” blogs. We wanted to share with you a few of these with our members. Check out the links to read more. Talent Management is Critical to Internal Audit’s Success Click Here for the full article. The IIA recently released Global Perspective and Insights — a whitepaper that includes some sobering information regarding how the internal audit profession is addressing emerging risks globally. The paper is based on a survey of more than 2,200 internal auditors in more than 100 countries and territories around the world. The good news is that internal auditors recognize the degree to which culture, cybersecurity, and big data present risks in their organizations. Yet, the percentage of respondents who had not undertaken any internal audit work in each of those three areas was startling: 62 percent had not audited culture, 25 percent had not audited cybersecurity, and 26 percent had not audited big data. As surprising as the rate of "no shows" was when it came to auditing three critical emerging risks, I was struck even more by the reason those risks are often left off of internal audit plans: A lot of internal auditors acknowledge that they simply do not know how to audit them. In fact, 25 percent of those who hadn't audited culture cited a lack of competence. Even worse, 65 percent of those who hadn't audited cybersecurity cited a lack of necessary skills, as did 46 percent of those who had not audited big data. One could argue that these are not risks that the profession historically audited, and that it will take time to embed the appropriate skills. However, if we are to audit at the speed of risk, time is a precious commodity. When future corporate calamities invariably foster questions about "where were the internal auditors," one answer that won't be satisfactory is, "Oh, it was a new risk, and the internal auditors hadn't yet the time to learn how to audit it."

PRESIDENT AND NOMINATING COMMITTEE CHAIR

Sasha Pavoni Humana, Inc. (502) 476-2118

VICE PRESIDENT Sonja Heath Humana, Inc. (502) 580-3246

SECRETARY AND CHAPTER

ACHIEVEMENT PROGRAM CHAIR Jenni Schelling Louisville Water Company (502) 569-3647

TREASURER Brittany Schaefer Hilliard Lyons (502) 588-1191

ACADEMIC RELATIONS Judy Martin University of Louisville

ADVOCACY/DIVERSITY Sibert Matsekeza Humana, Inc.

AUDIT Shawn Stevison CHAN Healthcare Auditors

CERTIFICATIONS Bob Aemmer LG&E and KU Energy

CHIEF AUDIT EXECUTIVE ROUNDTABLES

Ann Bauer Republic Bank

GOVERNMENT RELATIONS

Connie Davis Kentucky Retirement Systems

JUNIOR ACHIEVEMENT Jennifer Vittitoe Humana, Inc.

MEMBERSHIP Dan Knight Humana, Inc. Brent Dunne Gillies Hilliard Lyons

NEWSLETTER EDITOR Kevin Graham PBI Bank

PROGRAMS/SEMINARS Melanie Nesler PWC

QUALITY ASSESSMENT REVIEWS Jodi Renn Kentucky Higher Education Student Loan Corporation

ADVERTISEMENT POLICY Area employers are eligible for free recruitment postings on the Louisville IIA website and in the monthly newsletter, IF at least one employee is a member of the local chapter. Newsletter advertisement rates for employers without a local chapter member and executive search firms are: $50 – ½ page; $100 – full page. Paid advertisements also include posting of recruitment information on the chapter website for one month. Payments must be received prior to posting. For more information, please email the Louisville IIA Chapter President or Secretary.

ELECTED MEMBER TERMS Ann Bauer (Thru 12/31/2016) Republic Bank

Connie Davis (Thru 12/31/2017) Kentucky Retirement Systems

Jodi Renn (Thru 12/31/2016) Kentucky Higher Education Student Loan Corporation

Derrick Singletary (Thru 12/31/2016) Stock Yards Bank & Trust Jennifer Vittitoe (Thru 12/31/17) Humana, Inc.

PAST PRESIDENTS TERMS Melissa Koellner (Thru 5/31/17) Humana, Inc. Gretchen Wagner (Thru 5/31/18)

Humana, Inc.

SOCIAL ACTIVITIES Andrea Higgins Robert Half Management Resources

WEBMASTER/SOCIAL MEDIA Sonja Heath Humana, Inc.

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OFFICERS AND COMMITTEE CHAIRPERSONS

BOARD OF GOVERNORS

P.O. Box 70092 Louisville, KY 40270