www.theiia.org

Global Certification

Update

Anton van Wyk,

CIA, CRMA

Vice Chairman – Certifications

www.theiia.org

LOCAL PROGRAMS

www.theiia.org

What is a Local Program?

• A local program is defined as a program

offered by an Institute that leads to a

certificate, certification, designation, or

diploma.

• Local programs are created to fulfill a

perceived need not covered by global

certifications.

www.theiia.org

Local Programs • There are multiple concerns related to local

programs: – Competition with the global certification programs

– The effect these programs pose to the global IIA brand and perception of Internal Audit as a global profession

– Violation of Institute or Certification Agreements

– Institutes’ experience creating a program that is legally defensible, psychometrically valid, and financially sustainable

www.theiia.org

Local Programs • 2010 – A survey was sent to all Institutes

requesting information on any/all current or planned local programs.

• 2011 & 2012 – The Professional Certifications Board (PCB) reviewed local programs identified at that time and partnered with Institutes to ensure that local programs offered do not compete against the CIA or any Specialty program.

www.theiia.org

Local Programs

• 2013 – The PCB will again conduct the survey of all current and planned programs.

• Programs will be reviewed against a defined checklist.

• Ultimately the Board of Directors has the responsibility to approve or deny local programs.

www.theiia.org

Local Programs

• What can Institutes do to help?

– Return survey.

– If considering a local program, or making changes to an existing program, proactively contact the PCB for guidance.

– Work with the PCB to share information on the local market’s needs and how we can meet those needs without impacting the CIA or other certification programs.

www.theiia.org

CERTIFICATION SUITE

TASK FORCE INITATIVE

www.theiia.org

Current State of Certification Offerings CIA Certified Internal Auditor

GLOBAL PROFESSIONAL PRACTICE

0 Years 2 Years 5 Years

Internal Audit Activity's Role in Governance,

Risk and Control (Part 1)

Conducting the Internal Audit Engagement (Part 2)

Business Analysis and Information Technology (Part 3)

Business Management Skills (Part 4)

(professional recognition)

Requirements

Experience - 2 Years

Education - University Degree

Examination - Global CBOK

Ethics Attestation CPE

Requirements

CPE

www.theiia.org

Decision Drivers:

How did we arrive here? • External forces due to recent changes in the business

environment have increased the need to rely upon internal audit

professionals for additional skill sets. Therefore the task force

completed a market feasibility study to:

– Determine whether The IIA needs an advanced assessment

model.

– Gather data points to determine not only IF there is a

market, but also WHERE the market exists.

• The task force completed a well-thought-out and thorough

process related to these issues from a risk assessment, through

market feasibility, to development of a business plan.

• Conclusion: Even if there is not a strong financial market need,

there does exist a compelling strategic need.

www.theiia.org

Market Analysis Data points from the market survey with 2,240 global

respondents (practitioners and stakeholders) indicate:

– Nearly 50% of the respondents in all constituency groups

indicated a positive inclination toward pursuing the credential

themselves.

– Almost 70%of stakeholders indicated that they were likely or

highly likely to require/recommend a leadership qualification

for CAEs/DIAs.

– Almost 50% of CAEs and DIAs also indicated that they

would support a leadership qualification for those under their

direction.

– The degree of support does not vary materially across

demographic sub-groups or constituencies.

www.theiia.org

Identified Target Audience

• Principally positioned for individuals aspiring to

become senior audit leaders.

• The program will serve audit leaders who may have

come into the CAE role through a less traditional

route (rotational or parachuted in).

– The CSTF recognizes and welcomes the fact that some

incumbent CAEs may choose to participate in the program.

– Program cannot be successful if it attempts to be everything

to everybody. The program focus is on the internal audit

profession and protecting that brand.

www.theiia.org

Proposed Certification Suite

Govmt

FinancialServices

Risk Mgmt/ Control

LocalProgram

CIA Certification

A

s

s

o

c

i

a

t

e

L

e

v

e

l

0 - 3 years experience Minimum 3 years exp

3 – 10 years exp by path

Technical Designation

Premier Certification

Leadership Qualification

CIA Part I

CIA Parts II & III

No part IV per 2011 job analysis

Not 4 separate items, rather 1 program

Innovation

Ethics

Corporate

Internal Audit

www.theiia.org

Proposed Program

Internal Audit Leadership

Ethical Leadership

Innovation Leadership

Corporate Leadership

www.theiia.org

Internal Audit Leadership

• Effective relationship management with the board and audit committee

– The audit charter, audit committee training

• Internal audit management and advocacy

– Performance management, mentoring and coaching

• Talent management / succession planning

• Transformational competencies

– Influence, personal effectiveness and leadership, confidentiality

– Consulting

– Change advocacy, initiation and management

– Conflict resolution, facilitation and negotiation

• Dealing with highly sensitive issues and/or irregularities (fraud)

• Quality assurance and improvement planning

www.theiia.org

Corporate Leadership • Governance, risk management, and internal control

• Business and financial strategy

• IT Governance

• Influencing and providing assurance in relation to organizational

change process

– Organizational relationships (structure) and (risk) culture

• Internationalization and the challenges of operating in a global

economy

• Assurance

– Combined/Collective assurance (convergence) to adequately

manage risks (i.e. link/map the work of internal audit, external audit,

regulators, compliance, co-sourcing)

– Continuous

– External audit relationship / Annual opinions

www.theiia.org

Ethical Leadership

• Ethics

• Personal integrity, courage

• Corporate social responsibility

• Environmental responsibility

www.theiia.org

Innovation Leadership

• Leading practices

– world class, cutting edge

• Optimizing the internal audit function

• Emerging trends and technologies

• Professional participation

www.theiia.org

Potential Delivery Modalities

• Video Submission / Live Presentation

– (i.e. auditchannel.tv)

• Case Study

• Submission of Work Product / Work Experience

• Testimonial Reference

• Peer Interviews / Panel Interview

• Professional Research / Thesis

• Written Submission / Written Exam

• Professional Participation

www.theiia.org

Potential Assessment Methodology

• Each of the four modules will assess various interpersonal or cognitive

skills

• There will be various options available within each module to

assess a skill set in an effort to build flexibility into the program, as well

as account for accreditation of prior experience and learning (APEL)

– APEL is not the same as grandfathering

• Some individuals may not be able to provide a work product due to

confidentiality constraints and may choose to complete a case study

instead; but both would not be required.

• Some assessment methods are more culturally appropriate and

recognized than others in different regions. Cultural aspects will be

taken into consideration during the development phase.

– A panel interview is a less common practice in North America, it is

culturally appropriate in other regions; or a case study may be the

most appropriate in another region, etc.

www.theiia.org

Timeline

Committee / Group Date

Professional Certifications Board (PCB) July 2012 (Approved)

North American Board (NAB) September 2012 (Completed)

Executive Committee

preview materials in August

In person meeting October 2012

(Approved)

Institute leaders discuss with

respective board members prior to

vote

October – November 2012 (Completed)

Global Board Vote (Mid-Year) November 30, 2012 (Approved)

Next Pilot Development: 2013

Further Implementation: 2014

If approved, the next phase would be the development of a pilot and partnership with an English-speaking Institute for implementation.

www.theiia.org

CRMA UPDATE

www.theiia.org

Certification in Risk Management

Assurance (CRMA)

• Our goal for 2012 – 3,000 CRMAs globally

• Achieved 5,957 CRMAs (a/o December).

• Additional 5,600 still in process

www.theiia.org

Certification in Risk Management Assurance

Top 10 countries (a/o End of January)

Applied Certified Total

UNITED STATES 2230 2555 4785 CHINA 1050 1719 2769 CANADA 529 496 1025 UNITED ARAB EMIRATES 118 84 202 SPAIN 0 166 166 TURKEY 0 162 162 JAPAN 0 110 110 COLOMBIA 60 27 87 SWITZERLAND 1 81 81 UNITED KINGDOM 48 29 77

www.theiia.org

CRMA

• Approved final exam content

outline – available on the web site

• Approved launch date – 1 July

2013 in English only

• Approved co-requisite of Part 1 of

CIA exam to achieve the CRMA

certification

www.theiia.org

IMPORTANT REMINDER!!!

• The close of the Professional Experience

Recognition (PER) outside North America was

extended for members:

– Application MUST be submitted by 31 March

2013.

– Final verification paperwork must be submitted

by 30 April 2013.

www.theiia.org

CIA TRANSITION

UPDATE

www.theiia.org

3 Part CIA Exam Transition • Final implementation schedule approved: Language 3 Part Exam

Available

3 Part

Registration

Start

4 Part

Registration End

4 Part Exam End

English 1 July 2013 1 May 2013 30 June 2013 31 December 2013

Japanese

Chinese

German

Spanish

French

Korean

Polish

Turkish

1 October 2013 1 August 2013 30 September

2013 31 March 2014

Portuguese

Italian

Indonesian

Thai

Hebrew

Russian

Arabic

1 January 2014 1 November 2013 31 December 2013 30 June 2014

www.theiia.org

Web Site Candidate Transition Tool

www.theiia.org

Specific Action Plan