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The Institute of Internal Auditors North AmericaBreadcrumb SeparatorNewsBreadcrumb SeparatorPress ReleasesBreadcrumb SeparatorThe IIA Launches Financial Services Audit Center

The IIA Launches Financial Services Audit Center

Open access to member-exclusive website available through September

ALTAMONTE SPRINGS, Fla. (June 22, 2015) — The Institute of Internal Auditors (IIA) announced today the launch of the Financial Services Audit Center and a one-time, open-access period to what will be a member-exclusive website.

The center is a specialty offering from The IIA that will focus on serving the unique needs of internal auditors working in the highly regulated financial services industry.

“The needs of today’s financial services auditors have grown in complexity in response to increased attention and scrutiny from legislators and regulators,” said Mark S. Howard, chairman of The IIA’s Financial Services Advisory Board. “As the largest segment of The IIA’s membership, financial services demands and deserves its own specialized center that will be the font of focused, relevant, and timely resources.”

The center affirms The IIA’s commitment to serving its members through specialized education, thought leadership, and networking opportunities. The center, which evolved from the Financial Services Auditors Group, is designed to serve audit professionals in the industry by:

  • Advocating the professional practice of internal auditing in the financial services sector.
  • Providing affordable, high‐quality professional development opportunities dedicated to members’ unique needs.
  • Facilitating ongoing networking for knowledge sharing, specifically among financial services auditors.
  • Improving communications by providing a platform for practitioners and stakeholders to connect.

“With our new Financial Services Audit Center, The IIA elevates the service level and commitment to its members in financial services,” said IIA President and CEO Richard F. Chambers, CIA, QIAL, CGAP, CCSA, CRMA. “As with all our specialty offerings, the center will be an incredible resource and tool to improve the professionalism and value our practitioners offer their organizations.”

As part of the launch, The IIA is offering open access to the center’s website through Sept. 30. After that date, the center website will be available only as an enhancement to an IIA membership.

Even before the center’s official launch, the center hosted Cyber Defense in Financial Services, a virtual symposium that drew more than 1,700 registrants earlier this month. The event featured a chief information security officer discussing risks and challenges, a fellow from the National Institute of Standards and Technology discussing standards, and three practitioners discussing the audit process.

In September, the center will sponsor the Financial Services Exchange, a two-day event in Washington, D.C., that will annually bring together financial services industry leaders, practitioners, and senior regulators for discussions and sharing of best practices. The exchange will offer the kinds of interactive, facilitated sessions, educational presentations, and networking opportunities that can lead to tangible takeaways and immediate results.

In addition to six concurrent sessions and two panel discussions, the event’s keynote speaker will be Rep. French Hill, R-Arkansas, a member of the U.S. House Committee on Financial Services.

About the IIA

The Institute of Internal Auditors (The IIA) is the internal audit profession’s most widely recognized advocate, educator, and provider of standards, guidance, and certifications. Established in 1941, The IIA today serves more than 180,000 members from more than 170 countries and territories. The association’s global headquarters are in Altamonte Springs, Fla. For more information, visit www.theiia.org.