The Role of The Role of Standards and Standards and Professional Professional

Bodies: Bodies: Drivers Drivers of Developmentof Development

VIDEO CLIPVIDEO CLIP

““Professional Body”Professional Body” An entity, association which exists for An entity, association which exists for

the benefits of its membersthe benefits of its members

Fundamental elementsFundamental elements Standards and Code of EthicsStandards and Code of Ethics Education and TrainingEducation and Training

Case Study: Evolvement Case Study: Evolvement of a professional bodyof a professional body

1964 Establishment of IIA’s South 1964 Establishment of IIA’s South African Chapter. Started as informal African Chapter. Started as informal meetings of internal auditors 40 years meetings of internal auditors 40 years agoago

Initial driver was need for contact, Initial driver was need for contact, sharing of experiencessharing of experiences

Area meetings evolved, news spreadArea meetings evolved, news spread 1983 South Africa becomes a National 1983 South Africa becomes a National

Institute.Institute. Secretarial duties became onerous; Secretarial duties became onerous;

administration delegated to part time administration delegated to part time contractorscontractors

Voluntary Board evolvedVoluntary Board evolved

Evolvement of IIA SAEvolvement of IIA SA

1985 – registered as a non-profit 1985 – registered as a non-profit organisation with Company organisation with Company Directors - gives legitimacy to Directors - gives legitimacy to voluntary structurevoluntary structure

1995 – voluntary structure no 1995 – voluntary structure no longer tenable; first full-time longer tenable; first full-time Secretariat member appointedSecretariat member appointed

Drivers – increased Drivers – increased communication needs, communication needs, volunteers provide inconsistent volunteers provide inconsistent support, insufficient continuity. support, insufficient continuity. 1994 Release of first King Report 1994 Release of first King Report on corporate governanceon corporate governance

Evolvement of IIA SAEvolvement of IIA SA

1998 – 3 full time administrators, 8 1998 – 3 full time administrators, 8 regional volunteer committeesregional volunteer committees

1999 Part time CEO, also works for IIA 1999 Part time CEO, also works for IIA Inc as Regional Director, Africa Inc as Regional Director, Africa

2001 full time CEO, 5 staff; 2001 full time CEO, 5 staff; membership 1400 membership 1400

Today – CEO, 11 staff, membership Today – CEO, 11 staff, membership >3000>3000

Drivers – legislation and King support Drivers – legislation and King support internal audit functions , growth of internal audit functions , growth of corporate governance and risk corporate governance and risk management requirements, corruption, management requirements, corruption, need for skills development, public need for skills development, public sector expands IA functionssector expands IA functions

Why the need for a Why the need for a professional body?professional body?

It’s a professional homeIt’s a professional home Central contact point; Central contact point;

repository of informationrepository of information Administrative support of the Administrative support of the

key fundamentals –key fundamentals –membership, education & membership, education & training, technical support, training, technical support, dissemination of Standards dissemination of Standards and Code of Ethicsand Code of Ethics

The IIA SAThe IIA SAKey support functionsKey support functions

Reception and switchboardReception and switchboard MembershipMembership Finance and administrationFinance and administration Education & training*Education & training*

Career path – combination of Career path – combination of experience (workplace) and learning experience (workplace) and learning (academic) = COMPETENCE(academic) = COMPETENCE

CertificationsCertifications Technical support*Technical support***initially done by voluntary committeesinitially done by voluntary committees

Key support functionsKey support functions

Services Manager – to answer Services Manager – to answer queries, organise events, office queries, organise events, office managementmanagement

IT support IT support Marketing and communicationMarketing and communication CEOCEO

Strategy, Board supportStrategy, Board support 33rdrd party liaison including Inc, organisations, other party liaison including Inc, organisations, other

bodiesbodies Staff managementStaff management PolicyPolicy Image, public relations etcImage, public relations etc

IIA Education and IIA Education and TrainingTraining

AcademicAcademic Universities and TechnikonsUniversities and Technikons

EIAP, aligned to CFIAEIAP, aligned to CFIA Student supportStudent support

TrainingTraining Annual seminar/courses programAnnual seminar/courses program LearnershipsLearnerships

ConferencesConferences Annual Southern African – 18-20 AugustAnnual Southern African – 18-20 August RegionalRegional Risk, FraudRisk, Fraud International 2009International 2009

Networking eventsNetworking events

IIA Training - IIA Training - learnerships learnerships

LearnershipsLearnerships

Training contract between Training contract between employer, employee, Dept Labouremployer, employee, Dept Labour

21 days focused academic training21 days focused academic training Implementation of learning in Implementation of learning in

workplace, logbook, assessed by workplace, logbook, assessed by IIA SAIIA SA

Designation at end – Internal Audit Designation at end – Internal Audit Technician (IAT)Technician (IAT)

General Internal Auditor (GIA) in General Internal Auditor (GIA) in developmentdevelopment

Future expansionFuture expansion

Education and trainingEducation and training Full time Manager and support staffFull time Manager and support staff

Quality assessmentsQuality assessments State-of-the-art coursesState-of-the-art courses Extended visiting program to CAEs to Extended visiting program to CAEs to

increase understanding of IAincrease understanding of IA Company secretaryCompany secretary Secretarial support staffSecretarial support staff Enhanced marketing and promotionsEnhanced marketing and promotions Regional infrastructureRegional infrastructure Exemplary corporate governanceExemplary corporate governance

ConclusionConclusion

Secretariat providesSecretariat provides Professional homeProfessional home Mechanism for stability, spreading Mechanism for stability, spreading

professionalism, disseminating the professionalism, disseminating the Standards and Code of EthicsStandards and Code of Ethics

Voice of the individual on a united Voice of the individual on a united front, locally and globallyfront, locally and globally

Together weTogether weProgress through sharing Progress through sharing

….. …..