The Role of Standards and Professional Bodies: Drivers of
Development
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VIDEO CLIP VIDEO CLIP
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Professional Body An entity, association which exists for the
benefits of its members An entity, association which exists for the
benefits of its members Fundamental elements Fundamental elements
Standards and Code of Ethics Standards and Code of Ethics Education
and Training Education and Training
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Case Study: Evolvement of a professional body 1964
Establishment of IIAs South African Chapter. Started as informal
meetings of internal auditors 40 years ago 1964 Establishment of
IIAs South African Chapter. Started as informal meetings of
internal auditors 40 years ago Initial driver was need for contact,
sharing of experiences Initial driver was need for contact, sharing
of experiences Area meetings evolved, news spread Area meetings
evolved, news spread 1983 South Africa becomes a National
Institute. 1983 South Africa becomes a National Institute.
Secretarial duties became onerous; administration delegated to part
time contractors Secretarial duties became onerous; administration
delegated to part time contractors Voluntary Board evolved
Voluntary Board evolved
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Evolvement of IIA SA 1985 registered as a non-profit
organisation with Company Directors - gives legitimacy to voluntary
structure 1985 registered as a non-profit organisation with Company
Directors - gives legitimacy to voluntary structure 1995 voluntary
structure no longer tenable; first full-time Secretariat member
appointed 1995 voluntary structure no longer tenable; first
full-time Secretariat member appointed Drivers increased
communication needs, volunteers provide inconsistent support,
insufficient continuity. 1994 Release of first King Report on
corporate governance Drivers increased communication needs,
volunteers provide inconsistent support, insufficient continuity.
1994 Release of first King Report on corporate governance
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Evolvement of IIA SA 1998 3 full time administrators, 8
regional volunteer committees 1998 3 full time administrators, 8
regional volunteer committees 1999 Part time CEO, also works for
IIA Inc as Regional Director, Africa 1999 Part time CEO, also works
for IIA Inc as Regional Director, Africa 2001 full time CEO, 5
staff; membership 1400 2001 full time CEO, 5 staff; membership 1400
Today CEO, 11 staff, membership >3000 Today CEO, 11 staff,
membership >3000 Drivers legislation and King support internal
audit functions, growth of corporate governance and risk management
requirements, corruption, need for skills development, public
sector expands IA functions Drivers legislation and King support
internal audit functions, growth of corporate governance and risk
management requirements, corruption, need for skills development,
public sector expands IA functions
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Why the need for a professional body? Its a professional home
Its a professional home Central contact point; repository of
information Central contact point; repository of information
Administrative support of the key fundamentals membership,
education & training, technical support, dissemination of
Standards and Code of Ethics Administrative support of the key
fundamentals membership, education & training, technical
support, dissemination of Standards and Code of Ethics
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The IIA SA Key support functions Reception and switchboard
Reception and switchboard Membership Membership Finance and
administration Finance and administration Education & training*
Education & training* Career path combination of experience
(workplace) and learning (academic) = COMPETENCE Career path
combination of experience (workplace) and learning (academic) =
COMPETENCE Certifications Certifications Technical support*
Technical support* * initially done by voluntary committees
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Key support functions Services Manager to answer queries,
organise events, office management Services Manager to answer
queries, organise events, office management IT support IT support
Marketing and communication Marketing and communication CEO CEO
Strategy, Board support Strategy, Board support 3 rd party liaison
including Inc, organisations, other bodies 3 rd party liaison
including Inc, organisations, other bodies Staff management Staff
management Policy Policy Image, public relations etc Image, public
relations etc
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IIA Education and Training Academic Academic Universities and
Technikons Universities and Technikons EIAP, aligned to CFIA EIAP,
aligned to CFIA Student support Student support Training Training
Annual seminar/courses program Annual seminar/courses program
Learnerships Learnerships Conferences Conferences Annual Southern
African 18-20 August Annual Southern African 18-20 August Regional
Regional Risk, Fraud Risk, Fraud International 2009 International
2009 Networking events Networking events
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IIA Training - learnerships
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Learnerships Training contract between employer, employee, Dept
Labour Training contract between employer, employee, Dept Labour 21
days focused academic training 21 days focused academic training
Implementation of learning in workplace, logbook, assessed by IIA
SA Implementation of learning in workplace, logbook, assessed by
IIA SA Designation at end Internal Audit Technician (IAT)
Designation at end Internal Audit Technician (IAT) General Internal
Auditor (GIA) in development General Internal Auditor (GIA) in
development
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Future expansion Education and training Education and training
Full time Manager and support staff Full time Manager and support
staff Quality assessments Quality assessments State-of-the-art
courses State-of-the-art courses Extended visiting program to CAEs
to increase understanding of IA Extended visiting program to CAEs
to increase understanding of IA Company secretary Company secretary
Secretarial support staff Secretarial support staff Enhanced
marketing and promotions Enhanced marketing and promotions Regional
infrastructure Regional infrastructure Exemplary corporate
governance Exemplary corporate governance
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Conclusion Secretariat provides Secretariat provides
Professional home Professional home Mechanism for stability,
spreading professionalism, disseminating the Standards and Code of
Ethics Mechanism for stability, spreading professionalism,
disseminating the Standards and Code of Ethics Voice of the
individual on a united front, locally and globally Voice of the
individual on a united front, locally and globally Together we
Together we Progress through sharing ..