Incorporated in 1944, TORONTO was the eighth IIA Chapter to be formed and is currently the second largest in the world with over 2,800 members. The Toronto Chapter represents not only Members of the IIA in the Greater Toronto Area, but it also represents Members of the IIA that reside in South-western Ontario, Northern Ontario, and parts of Eastern Ontario.
As part of our 80th Anniversary event offerings, the IIA Toronto Chapter is excited to share an opportunity to see a special December staging of Cirque du Soleil with a discounted group rate. Learn more and register now.
Congratulations on the 80th Anniversary of the Toronto chapter! Please download the following special messages from:
The new Global Internal Audit Standards have been released on January 9, 2024 and will become effective January 9, 2025. Early adoption is encouraged. The previous version, the International Standards for the Professional Practice of Internal Auditing, released in 2017, remains approved for use during a one-year transition period.
The Standards guide the worldwide professional practice of internal auditing, are principle-based, and serve as a basis for evaluating and elevating the quality of the internal audit function. At the heart of the Standards are 15 guiding principles that enable effective internal auditing. Each principle is supported by standards that contain requirements, considerations for implementation, and examples of evidence of conformance. Together, these elements help internal auditors achieve the principles and fulfill the Purpose of Internal Auditing.
Incorporated in 1944, TORONTO was the eighth IIA Chapter to be formed and is currently the second largest in the world, with over 2,800 members. The Toronto Chapter represents not only Members of the IIA in the Greater Toronto Area, but it also represents Members of the IIA that reside in South-western Ontario, Northern Ontario, and parts of Eastern Ontario.
Phone: (416) 474-8072
Email: administrator@iia-toronto.org
Suite 275
6 Belsize Drive
Toronto ON, M4S 1L4
Please contact Jen Baker at administrator@iia-toronto.org to learn more about the annual nomination process for Governor / Executive Roles or to express an interest in getting involved in a volunteer role on one of the Executive Committees.
If you would like, volunteer at a Chapter training or event.
We are pleased to be a 2023 Building Awareness Champion!
During Internal Audit Awareness Month in May, we shared our passion for internal auditing, promoting the profession through a variety of events and campaigns designed to inform and engage, raise awareness, and help stakeholders understand the value of internal audit in their organizations.
The holidays have flown by, the new year has been rung in, and the kids have returned to school. 2024 is in full swing! In April, the Toronto Chapter of the Institute of Internal Auditors (“IIA”) will celebrate its 80th anniversary and we look forward to celebrating throughout the year with you. There are many things to look forward to with the Chapter, as we make this the Chapter’s best year yet!
The Toronto Chapter represents not only members of the IIA in the Greater Toronto Area, but also those that reside in South-western Ontario, Northern Ontario, and parts of Eastern Ontario. With over 2,800 members, the Chapter’s goal continues to be advocacy for our members and the profession. The Chapter is focused on initiatives and activities that will propel the achievement of our strategic objectives and goals in 2024.
Remaining relevant in the internal audit profession is front of mind for all auditors. The Chapter will continue to offer world class training opportunities for members and non-members. With the successful return of in-person events, the Chapter will continue to offer in-person, hybrid, and virtual events; to ensure we are reaching and meeting the training needs of our members near and far. For the remainder of the Chapter’s fiscal year (January 1 to May 31, 2024), there will be seven (7) industry leading learning and development programs offered providing Continuing Professional Education (“CPE”) credits, including topics such as generative AI, the impact of the new IIA Standards, and public sector relevant sessions.
After a multiyear process, the International Internal audit Standards Board researched and sought input from stakeholders, inviting public comment on the draft revision of the Global IIA Standards. The long awaited new Global IIA Standards will be released this month (January 2024) and the Chapter will remain vigilant to keep our members informed of the release and training opportunities. At this time, The IIA will be offering a free webinar, “Get to Know the New Global Internal Audit Standards” on January 24, 2024 (click here), in preparation for efficacy in 2025.
The Chapter’s CAE roundtables continue, offering a forum for internal audit leaders to gather, interact, and exchange ideas. For the remainder of the fiscal year, there are four (4) in-person events. We anticipate one of the spring sessions to be targeted to emerging leaders. The Chapter’s Programming team has also begun activities to identify the demand for an emerging leader coaching series for fiscal 2025 (June 1, 2024 to May 31, 2025).
We have a variety of highly anticipated upcoming events and we hope to see you there!
The Chapter and all of its tremendously generous and dedicated volunteers are ready to make 2024 a rewarding year for all of its members. We are always open to new ideas and suggestions from our members, as we recognize the value of your contributions. Thank you for entrusting me with this position and providing the opportunity to give back to the internal audit profession.
I look forward to seeing you at one of our Chapter events.
Warm Regards,
Sharon
As part of our 80th Anniversary event offerings, the IIA Toronto Chapter is excited to share an opportunity to see a special December staging of Cirque du Soleil with a discounted group rate
A perfect gift for this holiday season!
Join us in our hometown of Toronto, Canada or virtually, 14-16 July 2025 for an immersive experience and opportunities to “Embracing Change and Elevating Standards.”Visit the conference webpage at www.IIAIC.org and fill out the online form to stay up-to-date on registration, savings, program information, and speaker details are announced.
Celebrate our 80th anniversary and network with fellow members and IIA Toronto Chapter Leadership at our Second Annual Membership Appreciation Cirque event.
Join us for 2024 Global Internal Audit Standards – Key Requirements session hosted by Deloitte and IIA on Thursday, March 28, 2024. Timothy Scott (Partner, Deloitte), Joe Rauti (Senior Manager, Deloitte) and Turab Shah (Manager, Deloitte) will be speaking on the structure of the 2024 Global Internal Audit Standards, new requirements and major changes, and the shift in responsibilities among CAEs, Board and Senior Management. Please note there are limited spots for this event so kindly register as soon as possible.
To assist our Certified Internal Auditor® candidates, please visit https://www.theiia.org/cia2025 for answers to common questions candidates may have related to the syllabi and exam updates starting in 2025.
On behalf of the International Internal Audit Standards Board, we are pleased to announce the release of the Global Internal Audit Standards! The new Standards reflect a significant amount of work. The IIASB thanks the IPPF Oversight Council, IIA staff, and the countless internal audit professionals and stakeholders who contributed their time and feedback. We invite you to join us and other members of the Standards Board for a webinar on January 24, where we will discuss the contents of the new Standards and highlight the many ways in which the new Standards elevate the profession.
Naohiro Mouri, CIA, CPA
Chairman, International Internal Audit Standards Board
J. Michael Peppers, CIA, QIAL, CRMA, CPA
Immediate Past Chairman, International Internal Audit Standards Board
The new Global Internal Audit Standards are released on January 9, 2024 and will become effective January 9, 2025. Early adoption is encouraged.
The previous version, the International Standards for the Professional Practice of Internal Auditing, released in 2017, remains approved for use during a one-year transition period.
The Standards guide the worldwide professional practice of internal auditing, are principle-based, and serve as a basis for evaluating and elevating the quality of the internal audit function. At the heart of the Standards are 15 guiding principles that enable effective internal auditing. Each principle is supported by standards that contain requirements, considerations for implementation, and examples of evidence of conformance. Together, these elements help internal auditors achieve the principles and fulfill the Purpose of Internal Auditing.
ACCESS THE NEW GLOBAL INTERNAL AUDIT STANDARDS
The release of the new Standards concludes a multiyear process through which the International Internal Audit Standards Board researched and gained input from stakeholders and practitioners around the globe. Read “Report on the Standard-setting and Public Comment Processes for the Global Internal Audit Standards."
A “Condensed" version of the Standards – without the recommended guidance of the considerations for implementation and examples of evidence of conformance sections – is provided for practitioners who want a version that only includes mandatory guidance.
Condensed version of the Global Internal Audit Standards: Coming soon
Date: April 17, 2024
Time: 1:00 PM – 2:30 PM (EST)
Embark on a dynamic journey of internal audit transformation in our session, "Unveiling the Future: Internal Audit's Journey through Disruption." In Part I of this two-part webinar series, this engaging exploration revolves around reshaping audit practices at every stage of the internal audit lifecycle, in response to a changing landscape.
We are very happy to introduce one of our two keynote speakers, Jason Gilley, CPA! Jason is the Director of Governance, Risk & Control Advisory at the Ontario Lottery and Gaming Corporation (OLG). He holds the designation of Chartered Professional Accountant (CPA) and was recognized globally by The Institute of Internal Auditors (IIA) as a 2023 Emerging Leader. As a newcomer to the profession, Jason will be sharing his perspective on the value of pursuing a career in internal audit. He will also share his thoughts on the future of the profession and the evolving role of internal auditors as strategic advisors.
Date: May 2, 2024
Time: 1:00 PM – 2:30 PM (EST)
In this Part II of the webinar series, “Unveiling the Future: Internal Audit's Journey through Disruption”, we delve into how digitization of the Internal Audit function aligns and mirrors a broader transformation taking place across the business landscape.
Every position at every level of an organization involves communicating with others. Effective communicators know that the key to success is being flexible to your audience, whether it is a one-on-one conversation, or communicating within a group. Adaptability and versatility in how we work with others are vital skills for success.
Vice President of Programing
The Vice President of Programming is accountable to the Chapter President. The Vice President of Programing is responsible for organizing and managing every aspect of planned events and reporting initiatives and outcomes of events to Executive team, the Audit Committee, and the Board.
Secretary
The Chapter Secretary shall perform those duties delegated by the Chapter President or prescribed by the Board of Governors of the Chapter.
Treasurer
The Treasurer is accountable to the Chapter President. The Treasurer is responsible for the custody of the Chapter’s assets and reporting on financial performance to the Executive teams, the Audit Committee, and the Board.
The IIA’s (Toronto Chapter) Nominating Committee is seeking nominations for candidates to fill open positions on the IIA Toronto Board of Governors and the Chapter Officers for 2024-2025.
The increased use of emerging technologies and social/digital media presents an increased number of new and unique challenges to data protection, as well as detecting and preventing fraudulent behavior. This session will focuses on the concept of ethical and sustainable data protection practices in the modern data driven world, and the importance of a strong ethical climate to cope with the ever-evolving technology. Register today!
Details: IIA Toronto Chapter is excited to present a breakfast seminar that will focus on lean practices and principles and how they can be applied to public sector internal audits. Many public sector organizations are being asked to do more with less funding. There is an important role internal auditors can play in helping their organizations navigate these resource constraints. Register today!
A Tribute to John Robert Stuart Fraser
The newest generation of AI technology is advancing fast and there is significant pressure for organizations to adapt quickly. AI-related risks can create barriers for organizations looking to adopt AI. This session will explore how this emerging technology is driving innovation and efficiency, evolving the risk landscape, and shaping risk and internal audit practices. Register today!
Mark Williams, Agility in Internal Audit consultant, coach, trainer, and keynote speaker, and Shawn O'Brien, TeamMate, provide a foundational look at the mechanics of agile auditing. This presentation includes a brief review of the elements of agile audit – what it is, what it is not, and the why – and closely examines what a typical week looks like in an audit project using these agile techniques.
FREE to register for IIA members.
Read the Tribute in our Newsletter
June 10, 2023 - 2:30 p.m.
The Toronto Chapter is happy to announce that we are giving away a full Gleim Scholarship.
Join us for a session on a Hands-on Approach to Data Analytics in Internal Audit!
March 9, 2023 - Webinar - 12-2pm (EST)
The session will help you understand how data analytics can be applied across the internal audit lifecycle and you will get some hands-on experience on what and how to perform data analytics with sample data.
Join us at our Virtual Town Hall! Hear from #TheIIA's Canada Advisory Committee, NorthAmerican Board, and leadership team on recent changes designed to bring value to yourmembership. February 23 at noon ET. Register today!
Lal Balkaran receives 2022 Bradford Cadmus Memorial Award
Anthony Letter Building Awareness Champions
Learn more about Canadian Thought Leadership on IIA
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