IN THIS ISSUE:

President’s Message 1

Call for Award Nominations and

Chapter Volunteers 2

Event Calendar 3

February Meeting 4

March CAE Roundtable 5

March Meeting 6

April Seminar 7-9

Chapter Achievement Program 10

IIA News, Blogs, Webinars 11-12

Cancellation Policy 13

Officers and Board of Governors 13

Dear Chapter Members, We hope you enjoyed the January LBMC Cybersecurity / Microsoft Power Platforms seminar and February Soft Skills for Auditors meeting presented by Paul Arab. In January, we held a second Student Night at UT-Knoxville with student attendees from AIM Accounting Alliance. Thank you to our speakers from Clayton Homes, Discovery, UT-Knoxville, and TVA’s Office of the Inspector General. Our March 5 CAE Roundtable will be moderated by Paul Arab followed by a 2 hour meeting on Compliance Programs and Automation Initiatives presented by Case Mosby and Matthew Rekers from Clayton Homes. On April 2, we have a full day seminar with Danny Goldberg on AI/RPA, Agile Auditing, and IT Auditing for Non-IT Auditors. Registration is open for both events. The Chapter Officers are seeking volunteers for the upcoming 2020 – 2021 Chapter year. Please contact any Chapter Officer for additional information at chapter85@iiachapters.org. We hope to see you at an IIA East Tennessee Chapter event soon. Lindsey P. Shepherd President

NEWSLETTER

February 2020

Issue 6

CALL FOR IIA AWARDS NOMINATIONS

The IIA is asking for your nominations for its three highest and most prestigious awards. All three awards recognize indi-viduals who have made outstanding achievements in the field of internal auditing:

Bradford Cadmus Memorial Award For contributions to the global profession of internal auditing. Victor Z. Brink Award for Distinguished Service For contributions to the profession through global service to The IIA. William G. Bishop III, CIA Lifetime Achievement Award For impact on the global profession through a lifetime of accomplishments and dedication to The IIA.

Award recipients will be recognized at, and receive complimentary registration and travel to, The IIA’s 2020 Internation-al Conference in Miami, Florida, USA in July.

Learn more about the qualification requirements and download the nomination form. The deadline for nominations is February 14, 2020.

If you have questions, please contact governance@theiia.org.

The IIA East Tennessee Chapter is looking ahead to the 2020-2021 Chapter Year. A number of volunteer opportunities are available, including: Audit Membership Future Chapter Officer Board of Governors candidate Newsletter Programming for Meetings & Seminars Social Media Speakers

Please contact us via the Chapter email to learn more. chapter85@iiachapters.org

CALL FOR VOLUNTEERS!

CAE Roundtable — Location: Rothchild's — No charge. 1.5 CPEs

MAR 5

MAR 5 Compliance Program Overview & Automation Initiatives

Case Mosby/Matthew Rekers — Location: Rothchild's — $30 2 CPEs

Agile Auditing, AI/RPA, and IT Auditing for Non-IT Auditors with Danny Goldberg

Rothchild’s—$150 8 CPEs

APR 2

MAY 7 Internal Audit Awareness Month Luncheon — The Politics of Internal Auditing with Steve Goepfert

Calhoun’s on the River — $40 2 CPEs

CAE ROUNDTABLE

The IIA East Tennessee Chapter’s CAE Roundtables bring together the senior-most leaders of an organi-zation’s internal audit function for the opportunity to discuss common issues, share ideas and best practices, and to network with peers. The agenda and content is based upon the issues and topics sub-mitted by the attendees in advance of the meeting. Topics discussed at previous CAE Roundtables in-clude:

Coordination between internal audit and other departments

Risk assessments and risk management

Staffing issues, recruiting and retention

Auditing tools and techniques

Audit Committee membership, engagement and communication

Audit performance measurement /metrics

WHEN:

WHERE:

FEE:

CPE:

March 5, 2020

1:15-2:45 PM

Rothchild Catering

No charge.

1.5 CPEs

REGISTRATION:

Registration is available on The IIA East Tennessee Chapter’s website or click the following: March CAE Roundtable.

TOPIC SUBMISSION:

Please submit potential topics for discussion no later than Friday, February 28, to Paul Arab via email: paul.arab@homefederaltn.com.

CANCELLATION:

Cancellation requests may be submitted via Modify Registration Page (link provided in Confirmation Email).

COMPLIANCE PROGRAM OVERVIEW AND AUTOMATION INITIATIVES

In today’s burdensome regulatory environment, having an effective and productive independent internal audit function is a

critical aspect of any compliance management system. In this interactive session, we will explore practical ways you can uti-

lize technology to automate compliance testing and free up time to pursue more strategic activities. We will also discuss ide-

as about how to close your technical skills gap, mitigate risks with this type of testing approach, and how to coordinate auto-

mated test plans between the different lines of defense without compromising independence.

WHEN: March 5, 2020

3-4:40 PM

WHERE: Rothchild Catering

FEE: $30

CPE: 2 CPEs

SPEAKERS:

Case Mosby joined Clayton in January 2014 and leads an Internal Audit Team responsible for the completion of Federal Law Compliance Audits for 21st Mortgage Corporation, Vanderbilt Mortgage and Finance, Inc., and Silverton Mort-gage. Prior to joining Clayton, Case worked for nine years in Retail Banking, most recently for BB&T. In addi-tion to leading the compliance team, Case is interested in the use of technology and data analytics and how they can provide benefits for internal audit.

Case holds a bachelor's degree in accounting from Columbia College and is a Certified Internal Auditor. Case received the William B. Smith Certificate of Honor from the Institute of Internal Auditors. Case loves all things BBQ, traveling, and spending time with his wife Kathryn, and son Hudson.

Matthew Rekers joined Clayton Internal Audit in December 2017. Matthew has a B.S. in Business Admin-istration with a major in Accounting from the University of South Carolina and a Master of Business Administration from Win-throp University. He is a Certified Public Accountant, Certified Internal Auditor, and Certified Information Systems Auditor. Matthew has spent over 7 years in Internal Audit from Ryder Systems, Inc. headquar-tered in Miami, FL as a Staff Auditor to a Co-director of Internal Audit for the Seminole Tribe of Florida performing and overseeing compliance, operational, financial, and IT audits for the Tribe's seven casino operations, hotel, food and beverage, and retail outlets. He moved to Knoxville in 2013 and joined PYA as a Senior Auditor in their Audit and Assurance Group. He quickly became the Director of ALTA Best Practic-es Services Group, a new service line that he helped develop servicing the title and settlement industry.

REGISTRATION:

Registration is available on The IIA East Tennessee Chapter’s website or click the following: March 2020 Meeting.

CANCELLATION:

Our Cancellation Policy is intended to keep cost low for attendees. Unless specifically stated for the event, our Cancellation Policy is as follows:

Cancellation requests must be submitted via Modify Registration Page (link provided in Confirmation Email). No refunds or credits will be issued for cancellation requests received within three business days from the start of the event. Event “no-shows” will not be provided a refund or credit. If the “Pay at Door” method of payment is selected and registration is not can-celed within the required time period, you will owe the registration amount and be invoiced after the event. Substitutions are encouraged.

SPRING SEMINAR WITH DANNY GOLDBERG

AUDITING AI/RPA, AGILE AUDITING, & IT FOR NON-IT AUDITORS

(Detailed topic and speaker bio information on pages 8-9)

Auditing AI/RPA

As technology continues to evolve, organizations continue to look for ways to become more efficient and effective. Many companies are utilizing Artificial Intelligence and Robotic Process Automation to do this. Auditors have to understand all emerging technologies and key risks associated with each. This session will take attendees through the basics of auditing these new technologies.

Agile Auditing

The audit profession is one of many that is slow to embrace change. For a profession that focuses on operational auditing (efficiency, economy, effectiveness), many audit shops do not have these E’s optimized. The subject of Agile Auditing has be-come an emerging topic in our industry. Many of the basic premises of Agile Auditing are things that all audit shops should be doing. Regardless, GoldSRD has taken the basics of Agile Auditing and applied the standards that all GoldSRD attendees are accustomed to: continuous communication, strong relationships and a transparent audit process.

IT Auditing for Non-IT Auditors

In today’s economy, all auditors must become multi-faceted and multi-purposed. Regardless of background, internal auditors must have the basic knowledge of IT auditing to understand the general concepts, understand IT terminology and how IT au-diting is integral to general auditing. There is no complete view/opinion of one without looking at the other. This one-day course will take auditors through the basics of IT Auditing.

WHEN: April 2, 2020

3-4:40 PM

WHERE: Rothchild Catering

8807 Kingston Pk.

FEE: $150

CPE: 8 CPEs

REGISTRATION:

Registration is available on The IIA East Tennessee Chapter’s website or click the following: April 2020 Seminar

CANCELLATION:

Our Cancellation Policy is intended to keep cost low for attendees. Unless specifically stated for the event, our Cancellation Policy is as follows:

Cancellation requests must be submitted via Modify Registration Page (link provided in Confirmation Email). No refunds or credits will be issued for cancellation requests received within three business days from the start of the event. Event “no-shows” will not be provided a refund or credit. If the “Pay at Door” method of payment is selected and registration is not can-celed within the required time period, you will owe the registration amount and be invoiced after the event. Substitutions are encouraged.

AUDITING AI/RPA (TWO HOURS) As technology continues to evolve, organizations continue to look for ways to become more efficient and effective. Many companies are utilizing Artificial Intelligence and Robotic Process Automation to do this. Auditors have to understand all emerging technologies and key risks associated with each. This session will take attendees through the basics of auditing these new technologies.

Who Should Attend: Auditors who want a better understanding of AI and RPA, key risks and audit considerations (NASBA Field of Study: Information Technology)

Learning Objectives: Understand what is Artificial Intelligence and Robotic Process Automation Understand Key Risks associated with each Learn about a simple approach to auditing AI and RPA and just about anything!

AGILE AUDITING (TWO HOURS) The audit profession is one of many that is slow to embrace change. For a profession that focuses on operational auditing (efficiency, economy, effectiveness), many audit shops do not have these E’s optimized. The subject of Agile Auditing has become an emerging topic in our industry. Many of the basic premises of Agile Auditing are things that all audit shops should be doing. Regardless, GoldSRD has taken the basics of Agile Auditing and applied the standards that all GoldSRD attendees are accustomed to: continuous communication, strong relationships and a transparent audit process. Spend the day with us learning the

for Agile Auditing!

Who Should Attend: Professionals wanting a deeper understanding of agile auditing and internal audit leading practices (NASBA Field of Study: Auditing).

OBJECTIVES: Understand Internal Audits’ Role in Client Usage or Emerging Technologies Discuss Emerging Technologies and Key Risks Discuss a Methodology to Audit Everything! Learn About a Useful Exercise to Determine (prior to the planning cycle) How Risky an

Engagement will be

COURSE OVERVIEW:

I. What is Agile Auditing?II. Necessary Components

I. Annual Risk AssessmentII. Continuous

Auditing/MonitoringIII. Management Support

III. Pillars of Successful Agile AuditingIV. Objective-Based Internal AuditingV. Audit Anything, Anywhere, Anytime!VI. Agile Auditing throughout the

Internal Audit Process

IT AUDITING FOR NON-IT AUDITORS (FOUR HOURS) In today’s economy, all auditors must become multi-faceted and multi-purposed. Regardless of background, internal auditors must have the basic knowledge of IT auditing to understand the general concepts, understand IT terminology and how IT auditing is integral to general auditing. There is no complete view/opinion of one without looking at the other. This one-day course will take auditors through the basics of IT Auditing.

Learning Objectives: Understanding of the basics of IT Auditing, including key terms and acronyms Learn the importance of the IT risk assessment and integration with the audit risk

assessment Understand the difference between application controls and general controls and

how to identify each

CHAPTER ACHIEVEMENT PROGRAM (CAP) The Chapter Achievement Program (CAP) is an achievement/recognition program for chapters that uses points to recog-

nize chapter activities that align with The IIA’s North American Strategic Plan in four service categories:

Chapter Health—Focusing on items from the chapter’s reporting calendar and chapter standards.

Service to Members—Focusing on growing our chapter membership, volunteers, certifications and accounts for pro-

gramming that we offer our members.

Professionalism—Focusing on giving back to the internal audit profession.

Leadership Development—Focusing on the development of local leaders through online training and cross-leader

collaboration.

HOW OUR CHAPTER MEMBERS CAN CONTRIBUTE TO OUR SUCCESS The IIA’s East Tennessee Chapter appreciate your involvement with the internal audit profession. Under the

“Professionalism” category of CAP, our members can help the chapter meet its goals by:

Attending a Chapter event.

Volunteering with The IIA East Tennessee Chapter.

Being nominated or appointed to a committee of The IIA.

Hosting an internal audit event at work (“Lunch and Learn”).

Meeting with a legislator or local politician to discuss The IIA, legislation, etc.

Conducting an unpaid speaking engagement inside or outside of the US, Canada or Caribbean.

Earning an IIA certification.

Publishing an article in a professional journal or Internal Auditor magazine.

JUNIOR ACHIEVEMENT INVOLVEMENT Do you volunteer with Junior Achievement? Our chapter receives chapter achievement points for these types of activities, too! Please contact Lindsey Shepherd at chapter85@iiachapters.org if you participated.

CAP LEVELS AND CHAPTER PROGRESS

(as of Jan 2020) CAP LEVELS

BRONZE—685 Points

SILVER—1,060 Points

GOLD—1,560 Points

SILVER

1265 POINTS

NOW AVAILABLE ON THE IIA WEBSITE

IIA Bulletin: Latest on Data Privacy Assessments and Audits

International Data Privacy Day, Jan. 28, is the perfect day to seek the latest answers to your most perti-nent questions. The growing list of regulations from jurisdictions around the world establishing specific requirements related to data collection, management, storage, and usage is making data privacy in-creasingly complex and dynamic. Where does internal audit fit in? The IIA gives you the resources you need should your board come looking for answers. Download the IIA Bulletin to learn the questions your internal audit department should ask to determine if your organization is properly addressing data privacy, along with the steps to take to perform a data privacy audit.

Download the IIA Bulletin to learn more.

New Social Media Auditing and Governance Global Knowledge Brief Released

The latest Global Knowledge Brief, “Auditing Social Media: Adding Value by Improving Governance,” produced by The Institute of Internal Auditors, examines internal audit’s involvement in the implemen-tation and evaluation of social media strategy. Audit executives can assess organizational social media capabilities and its role in the business model to establish enterprise-wide policies, assessments, and more.

As one would imagine, many organizations have incomplete, or nonexistent, social media strategies. They are reactive rather than proactive, and organizations lack many of the processes needed to suc-cessfully manage their social media platform. The “Auditing Social Media” Knowledge Brief covers how to develop an effective social media strategy by:

Assessing the organization’s social media capabilities. Determining the role social media has within the company’s business model. Recommending enterprise-wide guidelines and policies. Defining and establishing a social media framework.

A solid social media strategy, including clear policies, procedures, and crisis management, can be the difference between distinction and extinction.

Download the latest Global Knowledge Brief now.

STAY CONNECTED

Stay in the loop with Chapter

events by following us on

LinkedIn and bookmarking

our Chapter website.

CONTACT US

chapter85@iiachapters.org

RICHARD CHAMBERS’ BLOGS:

10 Internal Audit Though Leaders of the Decade

Final Reflections on Internal Audit’s decade of Progress

Five Internal Audit Resolutions for 2020 and Beyond

One Mistake Internal Audit Cannot Afford to Make in 2020

Are Assaults on Truth Hastening a Doomsday?

IIA CONFERENCES 2020

Mar. 16-18 General Audit Management (GAM) Dallas/Ft. Worth

Jul. 20-22 IIA International Conference Miami

Sep. 14-15 Financial Services Exchange Washington, DC

Sep. 16-17 Women in Internal Audit Leadership Forum Washington, DC

Nov. 2-4 All Star Conference Las Vegas

IIA INSTRUCTOR-LED CIA COURSES Online and in-person courses are available.

Visit The IIA’s Learning & Events webpage for more information.

WELCOME TO OUR

NEW MEMBER!

Jay Eiser, Knox County

MEMBER WEBINARS:

March 17

A Plan for Regulatory Change

April 7

Environmental, Social and Corporate Governance and its Growing Importance to

Corporate Boards

April 22

New IIA Member Webinar: Learn How to Take Advantage of All Your Benefits

SPECIALTY CENTERS UPDATE

The IIA has announced that all IIA members will have access to the Financial Services Audit Center, the Environmental, Health & Safety Audit Center, the Public Sector Audit Center, and the Gaming Audit Center, beginning in March 2020.

The Audit Executive Center will remain an add-on to your base membership fees.

MEETING AND SEMINAR CANCELLATION POLICY

Our Cancellation Policy is intended to keep cost low

for attendees. Unless specifically stated for the event,

our Cancellation Policy is as follows:

Cancellation requests must be submitted via Modify

Registration Page (link provided in Confirmation

Email). No refunds or credits will be issued for cancel-

lation requests received within three business days

from the start of the event. Event “no-shows” will not

be provided a refund or credit.

If the “Pay at Door” method of payment is selected

and registration is not canceled within the required

time period, you will owe the registration amount and

be invoiced after the event. Substitutions are encour-

aged.

CHAPTER OFFICERS President

Lindsey Peresich Shepherd

Home Federal Bank of TN

Vice President

Amanda Chandler

Clayton Homes

Treasurer

Laura Sheppard

PYA

Secretary

Miriam Lara

University of Tennessee

BOARD OF GOVERNORS

April Bailey

Vinnie Beichler

Leigh Cheek

Andrea Griffitts

Gail Lewis

Patty Lowe

Tracy Riggins

Philip Schmidt

Contact us to find out about

available volunteer

opportunities!

chapter85@iiachapters.org