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Greetings Inland Empire Chapter IIA Members,

Happy Holidays! It always amazes me at how fast it seems each year passes by. It is also hard to believe we are already six months into our chapter’s fiscal year.

We have over 200 members in the IIA Inland Empire Chapter and I am pleased to see so many of you participating in our networking and training events.

We plan to assist you with your New Year’s resolution to get those CPE credits in early next year by starting 2012 with a free member’s only training session in January on “Governance, Risk and Control (GRC).” Register early for this January 18th event as space is limited.

Mark your calendars for these upcoming events:

January 18, 2012: Free Training Workshop on GRC

February 22, 2012: Half-day Fraud Seminar (8am-12pm)

June 3-4, 2012: Southern California Education Conference being held at the Sheraton Hotel in Anaheim

The Call for Speakers went out for the Southern California Education Conference being held at the Sheraton Hotel in Anaheim June 3-4, 2012. If you or someone you know is interested in speaking, please visit http://www.surveymonkey.com/s/MWLTDJS and complete the speaker application by January 6, 2012. Check the conference website regularly for updated information at http://www.wrd4ec.org/.

We can always use assistance with Programs planning and coordination. If interested in volunteering on a one time or committed level, please contact me.

The IIA has recently changed the CPE reporting requirements, please read further in the newsletter for more details.

The IIA Inland Empire Chapter Board of Governors, Officers and I wish you a happy and healthy holiday season.

Carmen McGowin-Paul IIA Inland Empire Chapter President #257

In This Issue…

President’s Message 1

Save the Date! 1

Know the Standards! 2

WRD4EC Call for Speakers 2

Article: “Goals Will Lead to…” 3

Available Certifications 3

AuditChannel.tv 3

Gleim Chapter Discounts 4

2012 CPE Reporting 5

Newsletter Submissions 5

Career Opportunities 6

Member Anniversaries 6

Upcoming Events 7

Where in the IE? 7

Chapter Volunteers 7

SAVE THE DATE:

Governance, Risk, and Compliance Training Meeting! Wednesday, January 18, 2012! RSVP by January 12, 2012!

GRC Overview | Emerging Trends | Auditing a GRC Process

IA Involvement and Support of GRC from an Organizational Standpoint

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Standards are principle-focused and provide a framework for performing and promoting internal

auditing. The Standards are mandatory requirements consisting of:

Statements of basic requirements for the professional practice of internal auditing and for

evaluating the effectiveness of its performance. The requirements are internationally applicable

at organizational and individual levels.

Interpretations, which clarify terms or concepts within the statements.

It is necessary to consider both the statements and their interpretations to understand and apply the Standards correctly. The Standards employ

terms that have been given specific meanings as noted in the Glossary, which is also part of the Standards. Each month, we’ll list a section from

the Standards to help readers brush up on mandatory requirements for internal auditors.

2600 – Resolution of Senior Management’s Acceptance of Risks

When the chief audit executive believes that senior management has accepted a level of residual risk that may be unacceptable to the organization,

the chief audit executive must discuss the matter with senior management. If the decision regarding residual risk is not resolved, the chief audit

executive must report the matter to the board for resolution.

West Region District 4 Education Conference

June 3-4, 2012 | Sheraton Anaheim Hotel

All speakers receive a complimentary registration for the conference, which includes Continuing Professional Education credits for each session that you attend including your presentation; as well as exposure on the conference materials and conference Web site. The conference will not be paying speakers travel or speaker fees for concurrent sessions tracks. The conference will be set up to run as five concurrent 1¼ hour program tracks:

- Governance, Risk & Controls o Objective: provide hands-on and practical examples on governance, risk & controls.

- Auditing Fundamentals o Objective: provide enhancement or refinement in the fundamentals of auditing technical and soft skills.

- Emerging Issues o Objective: provide a forum to discover the hot topics in internal audit as well as industry trends.

- Government & Compliance to government regulations o Objective: provide auditing areas and techniques for the government and non-for-profit sectors.

- Industry Specific Topics o Objective: provide a forum to discover industry specific hot topics in auditing and compliance.

In addition to the five concurring tracks, there are two horizontal tracks: Fraud and Tool & Techniques. These are sessions appropriate to the subject matter of one of the five tracks with a focus on the horizontal track’s subject. Submit your session proposal for one of five planned tracks to date, and if applicable identify if it would be listed as either a Fraud or Tools & Techniques subset. If you are interested in participating please visit http://www.surveymonkey.com/s/MWLTDJS and complete the speaker application by January 6, 2012. Questions about the program can be submitted to programs@wrd4ec.org. Areas to highlight in your application: 1 Select the track your presentation most applicable for 2 List 3 objectives and a brief summary your presentation will cover 3 Please provide your bio 4 List speaking events you have participated in during the past three years

5 Please provide your contact and alternate contact information

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Introducing…

the Certification in Risk Management Assurance™

for details, visit: http://www.theiia.org/certification/crma/

GOALS WILL LEAD TO SUCCESS

Melissa Leonard, Gleim Chapter Coordinator

When planning for your next part, map out a calendar of what you will need to study each week leading up to the desired exam date. For example, if you wish to take Part 1 of the CIA exam in the next couple of months, create a study schedule and decide what will be a suitable date. Immediately registering for and scheduling your exam well in advance 1) allows you to have a date that is convenient for you and 2) provides you with a finish line that forces you to plan and focus even during the times of year when you can be easily distracted.

In conclusion, if you are studying for a part and have not yet scheduled an exam date or you are thinking about studying for a part, use the Gleim CIA Review System and work with your Personal Counselor to create a study plan together. Once the study plan is complete, you should immediately schedule your exam date. Much of the battle of getting through the CIA exam is keeping yourself focused on completing each part. By scheduling early, you set a goal to commit yourself to studying regularly and to pass the exam.

Remember, as an Inland Empire Chapter member, you will receive a 20% discount on the Gleim CIA Review materials. Gleim has been helping CIA candidates pass the CIA exam since 1980.

Contact Melissa at 800.874.5346, ext. 131 or melissa.leonard@gleim.com to take advantage of your chapter discount or if you have any questions.

Are you a chapter member who just became certified? We would love to help you share the tactics you used and/or the benefits you are already experiencing with other chapter members. Email Gleim at iiachapters@gleim.com with your comments.

In keeping with its motto of "Progress Through Sharing," The IIA launched a new video-sharing site, AuditChannel.tv, that addresses the specific needs of internal auditors and the business community. With "video channels" focused on areas such as fraud, governance, risk, technology, operations, finance, compliance, and more, AuditChannel.tv enables internal audit professionals worldwide to search for and post videos that address the topics of greatest interest to the profession.

The site also allows registered users to rate and comment on the video content. Best of all, with most shared videos under five minutes in length, AuditChannel.tv enables users to drill down to the essence of a topic in a timely fashion and in their own language. Currently, the site has videos in English, Spanish, and French.

The IIA envisions AuditChannel.tv to be community-driven, with users providing the majority of the content and guiding its evolution. As host of the platform, The IIA will provide content generated from our key activities and share the latest information and breaking news available on the profession.

IIA members and other business professionals can register at www.AuditChannel.tv or www.AuditChannel.tv/mobile (for mobile devices) to become users of the site, enabling them to view, rate, and comment on the site's current content — and add their own.

Join the AuditChannel.tv community today. Share your content and view content generated by your peers world-wide.

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Contribute to Our Newsletter!

Share ideas, articles, events, and job openings with fellow readers!

Contact ryanjsantacruz@gmail.com with details for consideration in future newsletters!

Changes to CPE Reporting Process

ATTENTION INTERNAL AUDIT PROFESSIONALS HOLDING ONE OR MORE IIA DESIGNATIONS: On Tuesday, Nov. 15, 2011, The IIA's Global Board of Directors approved the implementation of several key changes to the CPE reporting process. The changes in the program align The IIA with industry best practices and will enhance the reporting experience for certified individuals. Additionally, on Nov. 30, 2011, The IIA Executive Committee approved the consolidation of all administrative directives pertaining to CPE requirements for IIA certifications. All certified individuals must now comply with Administrative Directive No. Four. For complete details, click here: http://www.theiia.org/theiia/about-the-institute/mission/administrative-directives/index.cfm?c=509. Effective Jan. 1, 2012, changes to the reporting period, CPE requirements, and the reporting process will be implemented. What do these changes mean for you? The 2012 reporting year will be a transition year, bringing all certified individuals in line with the new CPE program. Candidates will need to report for a varied amount of CPE based on when they last reported. The below table indicates the reporting requirement for the Dec. 31, 2012 deadline based on the certificant's ID number and last reporting cycle.

For more information on IIA certifications and reporting requirements, please visit www.theiia.org/certification http://www.theiia.org/certification.

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Curtis VonShimmelmann – 13 Jennifer Fuller – 11

Mary Anne Eliasz – 10 John Machado – 8

Melissa Nordstrom – 8 Dororah Wogan – 8

Dorothy Dombrowski – 6 Brooke Barbee – 4

Lori Frey – 3

Consider Volunteering!

For The Latest Opportunities, Visit the IIA’s Career Center

The IIA’s Career Center is a valuable tool available to both members and non-members alike. The resource, which connects job

seekers with positions within the internal audit field, is available on the IIA’s website and is provided as a no-cost service to individuals

seeking employment. IIA members may post a resume online, which can be viewed by direct employers and agencies. The IIA

Career Center is a great source for leads for entry-level and experienced professionals.

Whether you have three hours a month or three hours a week

to devote to volunteer leadership, there is a place for you —

locally or globally — at The IIA.

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President 1st Vice President 2nd Vice President 3rd Vice President

Carmen McGowin-Paul Melissa Bender Michael Mena Sapna Nangia

Secretary Treasurer

Renee Robinson Rene Casillas

Board of Governors

Michael Valinotti, Meihua Koo, Shawn Moore, Samuel Gibbs, Mark Cousineau, Percy Veloro

Webmaster Historian Audit Newsletter

Michael Mena Jim Gilliam Hosny Shouman Ryan Santacruz

Hospitality Publicity Acad. & Corp. Relations Certification

Renee Robinson Glenda Stewart Eru Egbuwoku Hosny Shouman

Membership Programs/Seminars CAP Administration

Danielle Gall Melissa Bender &

Carmen McGowin-Paul

Melissa Bender

Just for fun…each month, we’ll

feature an image showcasing

a beautiful, strange, or

otherwise noteworthy location

from the area many of us live

and work. Play along and test

your knowledge of the sights

of the Inland Empire, to see if

you can guess…

DECEMBER 2011 ANSWER: During the Mission Inn Hotel & Spa Festival of Lights

in Riverside, CA, Over 3.5 million lights transform the historic hotel into a holiday wonderland. In addition

to the external light display, throughout the season The Mission Inn Hotel & Spa features an elaborately

decorated Christmas tree, appearances by Santa Claus and Dickensian Carolers singing cheerful holiday

tunes, authentic horse-drawn carriages, guest appearances by live reindeer, and hundreds of characters

dressed in 17th Century costumes to entertain crowds and evoke the spirit of the season. The 19th annual

Festival of Lights began Friday, November 25, 2011 and continues through Sunday, January 8, 2012, so

there is still time to take in the dazzling holiday spectacle. For more information, visit

www.missioninn.com/festival-of-lights/.

For the most up-to-date

information for chapter

events, visit our chapter

website at: