Message 7

Dear Member, IIA Singapore’s Financial Year 2012/13 just ended. We have done a review of our activities and outputs over the year and look forward to providing a report card to our members in the coming AGM scheduled for 22 August 2013. Meanwhile, excitement is building around our Annual Conference and Leadership Forum at Marina Bay Sands this year. I look forward to all of you joining us from Sept 4 to 6 for the event. We are now trawling the globe from East to West for thought leaders and practitioners to bring them to the profession’s doorstep as speakers for the conference, further reaffirming the Institute’s commitment to its motto, “Progress through Sharing”. The conference theme this year, “Breaking Barriers, Building Bridges”, stresses the growing importance of breaking our traditional mind-set and practices to prepare us to add value to the organizations we work for. Apart from technical skills, this conference will feature the importance of equipping IA with soft skills. Look out for our weekly updates on confirmed speakers and sessions where the Conference team is bringing you topics such as “How to Detect a Liar, Strategies for Effective Communication in Internal Auditing, How to Sell Your Audit Findings, and The Future of Internal Auditing: Imagine the Possibilities”. During the International Internal Audit Awareness month of May, we worked with our key partner, Singapore Accountancy Commission (SAC) to interview our members on the profession and the role of IA. Our intention was to bring greater awareness to the business community on the independent role of IA in organisations. Read the interviews here. This also garnered us publicity on the IIA Global website where there was a special mention of IIA Singapore and SAC’s initiatives for the month. Overall, advocacy is an important tool in driving stakeholders to see IA as a source of value and the Institute will continue to invest in these efforts. As part of IIAS’ advocacy activities to raise the visibility of the internal audit profession, we collaborated with the Singapore Institute of Directors (SID) to hold a joint event for its members and the public on Using Control Self-Assessment (CSA) in creating a Self-Accountable Organisation Culture. The session concluded successfully with speaker, Donald Espersen, leading the participants to have an insight of how CSA program can be a tool to support Audit Committee’s opinion on the adequacy of internal controls. He also shared about the Audit Committee’s expectations of Chief Audit Executives. We will be organising more of these joint events with collaborators in the coming year and I look forward to your continuous support. As we move into a new financial year for the Institute, I am also proud to share that over the past year we welcomed more than 400 new members to IIA Singapore. We now have the strength of more than 2100 members and the Institute is growing every day. Thank you for supporting the team! Yours Sincerely Eric Lim President