Annual IIA Atlanta
Chapter Internal Audit Case Competition
of Internal Auditors (IIA) Atlanta Chapter holds an Internal Audit Case
Competition open to students (graduate or undergraduate) attending colleges and
universities in the State of Georgia. The
Case Competition is held annually, each November. The first Internal Audit Case
Competition (Nov 2011) was held at the Georgia State University Buckhead
campus. The event is now held on an
annual basis at the Kennesaw State University Center which is also the location
of the annual Student Day Event (held in February of each year).
The event brings
together the top ten teams, selected as finalists, representing six to ten of
the best accounting schools in the state of Georgia. To participate, teams register and present a
written case study solution to the three judge panel, in the hopes of being
selected as one of these top ten teams that come to Atlanta for the event. Competing students represent the best and
brightest from across the state. Each of
the teams is composed of three members who present for no longer than 15
minutes on the given case, with five minutes allotted for the judges’ questions.
the internal audit industry have been very pleased with the performance of the
students who participate in the Internal Audit Case Competition. “If these students and their presentations
are any indication then I think the future of the business profession is in
very good hands,” said Paul Sobel, vice president of internal audit at Georgia
Pacific and former Chairman of the Global IIA.
“I felt really good about the insights the students had and the way they
grasped how to take IIA standards and apply them to real-life situations, which
makes me bullish about the future of the industry.”
As the role
of internal audit continues to shift and become more important to the overall
business function there will be an increased demand for individuals with
experience in the field. It is a goal of the IIA Atlanta Chapter to ensure that
there are qualified individuals to fill those positions and the Case
Competition helps fulfill that mission. Through
events such as the Internal Audit Case Competition, the Atlanta Chapter can
expose and advocate for the internal audit profession while providing top
students with real-world experience in the field.
Today we are
seeing internal audit play a more important role than ever before, as companies
continue to face a touch economy. “Internal
auditing can help companies stay out of trouble and improve their business,”
said Brian Lay, executive director of advisory services at Ernst &
Young. “Internal auditing can really
help organizations at any stage in the business lifecycle, whether that
business is getting better and growing or whether the business is trying to cut
back, so it is a great profession to be in.”
event, students acquire real-life experiences in internal audit. In addition, the
competition and luncheon provide an incredible networking opportunity for these
30 top accounting students. The students get the chance to meet and speak with
many of the top internal audit executives in Georgia and many of the companies
in attendance use the event to scout for future stars in the industry.
At the end of
the competition the first place prize of $1000 per student is presented. The first annual competition was awarded to
the team from the University of Georgia.
Members of the team included Alexander Pirie, Eugene Kim and David
Barker; Dr. Dennis Beresford advised the team.
There are second place and third place prizes of $500 and $300 per
student. At the Fourth Annual event (Nov 2014), a team
from Kennesaw State University finished first.
Members of the team included Samantha Cowell, Natalia D’Aries, and
Jeffrey Kochy; Dr. Rich Clune advised the team.
Winning team for 2014 from Kennesaw State University
of the 4th Annual Case Competition, (l to r) Sam Cowell, Natalia D'Aries and
Jeff Kochy with Bill Mulcahy, Chair of the Advisory Board of the KSU Internal
The IIA event
would not have been possible without the support of all its sponsors. Previous sponsors included The Intersect
Group, Ernst & Young, Southern Company, Georgia-Pacific, Georgia State
University, Idea Data Analysis Software, Frazier & Deeter, State Farm, UPS,
SunTrust, NCR, Emory University, Grant Thornton, Dixon Hughes Goodman, Rock
Tenn, Kennesaw State University and the IIA Atlanta Chapter.
Atlanta Chapter looks forward to next year’s event and with the help of its
sponsors, plans to continue the Internal Audit Case Competition as an ongoing
Masci, Chair of IIA Atlanta Chapter Academic Relations Committee, at
email@example.com for more information.