Available CPE: 4 credit hours
In May, the Committee of Sponsoring Organizations of the Treadway Commission (COSO) issued the 2013 Internal Control–Integrated Framework (2013 Framework) – a broadened and updated version of the 1992 framework which has been the profession’s leading guidance for designing, implementing, and evaluating a system of internal controls. To expand global awareness of the 2013 Framework and help our members gain insight into implementing it, The IIA’s Chicago Chapter will host a half day COSO training to provide a comprehensive overview of the key changes to the 2013 Framework.
After the workshop, participants will be able to describe the changes in the COSO IC – IF 2013 and implications for implementing/transitioning to COSO 2103 by:
- Explaining the call-to-action for internal auditors.
- Recognizing the key changes in the 2013 COSO framework by:
• Discussing at high level the changes in each of the five COSO components.
• Identifying the 17 principles and where they fit in each component.
- Discussing the implications of the updated framework on the entity’s implementation/transition plan.
- Discussing the implications of the updated framework on internal audit activities.
- Identifying the resources available through The IIA’s COSO Resource Center.
JOHN J. McKEEVER CCSA, CRMA, CFE, CQA, CBM
John McKeever is the President & COO of Contemporary Business Concepts, LLC. John has served as an Operations Manager, Consultant, Instructor, and on the audit staff of AT&T. During his 15 years in the audit department at AT&T, he conducted and led a wide range of audits and consulting projects. These included numerous audits and projects of finance, operations, and information technology processes.
John frequently speaks at public seminars, professional associations, state and federal agencies, and corporations. His work has included developing and delivering risk and control management programs specifically focused for the needs of Senior Executives, Boards of Directors, and Audit Committees. While in private practice; at the AT&T School of Business; and at The Institute of Internal Auditors John has developed and delivered a number of programs which include: Consulting: A Value Added Service The Tools and Techniques That Make It Work, COSO The Steps To Success, Help Your Client Succeed with Control Self-Assessment, The McKeever CCSA Study System, and The McKeever CRMA Study System.
For his achievements as a seminar leader, The Institute of Internal Auditors has awarded John the designation of Distinguished Adjunct Faculty Member. In addition John has authored numerous research papers that have addressed the concepts of process improvement in business, employee empowerment, and the management of effective teams. Using these tools, he has guided and encouraged thousands of domestic and international professionals to move toward process and business improvements.
John has degrees in Business Administration and Management from Northeastern University, a Master of Science Degree in Management from Stevens Institute of Technology, and a graduate level Certificate in Total Quality Management from the University of Phoenix. He is a Certified Quality Auditor, a Certified Fraud Examiner, a Certified Business Manager, a Certified Professional Consultant, and holds a Certification in Risk Management Assurance. In addition, John holds both a Control Self-Assessment Qualification and a Certification in Control Self-Assessment.
He is a member of the American Society for Quality, The Institute of Internal Auditors, The Association of Business Professionals in Business Management, and the Association of Certified Fraud Examiners.