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Third Party Risk​ Management​

Presented by: Liz Calamito, CFSA, CRMA
Vice President & Head of Internal Audit Global Benefits Group
December 2, 2020 - 12:00-1:30 pm ET, 1 CPE​

This webinar reviews the fundamentals of the practice guide of the same name released in 2019. This guidance provides a framework for auditors to assess the importance of helping their enterprise manage and monitor their risk exposure regarding Third-Party relationships. Attendees will be gain an understanding of Third-Party Risk Management framework; varying internal audit approaches which can be used to audit the Third-Party vendor relationship; and elements of a Third-Party Risk Management Process.

 Resources for Educators & Students during COVID-19​​​​

This resource was created by the Institute of Internal Auditors Central Jersey Chapter to help higher education institution​s continue providing a safe and effective learning environment for their educators and students. Information was obtained from different sources, compiled into a 3-page guide with two sections: 

“Educator” – resources to help with the struggles educators are facing with online teaching and the ability to comfort their students from afar. 
“Student” – resources to help with the struggles students are facing as they shift to an online learning environment, such as meeting basic needs and manag​ing work. 

We hope this guide serves as a quick reference point for educators and students in need of guidance on how to make the transition into, and succeed within, a virtual environment. These are difficult times and the Central Jersey Chapter sends their well wishes to all.

2020 Certificate of Recognition

Presented to The IIA Central Jersey Chapter for advancing the profession by supporting The IIA’s CIA Learning System® and becoming a Chapter of Excellence.


 “Internal audit procedures often have to be developed from scratch to meet the unique needs of an organization,” she says.
“It’s exceptionally challenging, but completely rewarding when our recommendations come to fruition.” ​
Congratulations Marilyn!

AI and the fight against fraud 

PODCAST by Prof. Paul Zikmund
Fraudsters are quick to adopt new technologies -- but new developments in artificial intelligence and machine learning, though in the early days of application, are already have a major impact in protecting businesses from fraud.​
To align with the three part CIA exam, the CIA program eligibility 
window has been adjusted from 4 years to 3 years. This reflects the amount of time typically required to complete the certification process. Candidates who are already approved into the program prior to September 1, 2019 will maintain a 4-year program window. Candidates approved into the program on or after September 1, 2019 will have 3 years to complete the program. Candidates can still request a one-year extension.​​

In addition, effective September 1, 2019, the waiting period to retake an exam will be shortened from 90 to 60 days. As long as it is still within the program eligibility window, candidates can retake the exam after waiting 60 days. 


The Institute of Internal Auditors Central Jersey Chapter is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. ​​​​​​​​​​​​​​