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Edcom Committee Report to the BoardApril, 2018Committee MembersJan Opperman (JO) - Dr Claudelle von EckChairmanMaud van Wyk (MvW)Peter Radasi (PR)Herman Muller (HM)Manfred Moses (MM)James Gourrah (JG)Gary Leong (GL)Basani Duiker (BD)Eddie Brown (EB) –Leave of absence dueto conflict of interestNosheena Mansoor (NM)Russel Morena (RM)Page 1 of 7
REPORT for Committee Meeting: 22 February 2018, 12h30,Hanover Square, Building Block B, Ground Floor, Cnr HendrikPotgieter & 7th Ave,EdenvaleZoom: https://zoom.us/j/146549546Attendance at Committee MeetingIn AttendanceJan Opperman (JO) - ChairmanClaudelle von Eck (CvE)Herman Muller (HM) – via zoomPeter Radasi (PR)James Gourrah (JG) – via zoomGary Leong (GL)Maud van Wyk (MvW) – via zoomNosheena Mansoor (NM)Mathithela Russel Morena (MRM)ApologiesProf DP van Der Nest (DPN)Basani Duiker (BD)AbsentManfred Moses (MM)Meeting Overviewa. It was noted that Prof DP van der Nest has resigned from thecommittee.b. rshare Investor Services (Pty) Ltd were approved.c. It was noted that any training/activity that contributes to thedevelopment of a member’s business acumen and/or technicalability should be accepted for CPD reporting purposes.d. It was noted that NM is representing the IIA SA on aprofessionalization task team that was convened by theIndependent Professional Body Forum.e. The PIA has still not been approved by the PCB.f. As per a request from IIA Global a CIA marketing plan has beendeveloped. No marketing initiatives will be undertaken until thePCB explicitly agrees that they accept the risks associated withpushing the CIA through marketing while the CCMS is a problem.
g. Although the PCB and Global are of the view that uptake of thePIA is the reason for the reduction in CIA registrations, the threemost likely reason for the reduction in CIA registration are:i.The inability of the CCMS to generate invoices.ii.The Rand vs. Dollar exchange rate – which has made thecost of the CIA much more expensive for South Africans.iii.The lowering of the NQF level qualification underpinningthe CIA designation.h. QCTO has already informed that IIA SA that the legacyqualifications will be de-registered at the end of June 2018.i.In response to their members complaining that the CIA does nottrain people, the IIA UK is developing an apprenticeshipprogramme.j.Except for the points noted above, EdCom focused on discussingthe ToR and strategy for the remainder of the meeting. ToR havebeen included for Board approval.k. The institute, in relation to education now has two functions i.e.professional body and AQP. In terms of professional body thereneeds to be a focus on the designations and SAQA. As an AQPunder the QCTO, as well as the DQP the institute has a andimplementation, as well as curriculum development for theoccupational qualifications.l.In addition to compliance matters related to SAQA and QCTO,EdCom must also provide strategic oversight in relation to CPDreporting, CPD courses required in the profession, accreditation oftertiary institutions and NQF articulation for the occupationalqualifications.m. It was noted that the IIA SA does not currently require members toexplain their CPD choices, but only required to report CPD hours.Only if a member is selected for a CPD audit are they required tosubmit evidence of their CPD activities. This may change in future,whereby all members will be required to report CPD hours, explaintheir choice of CPD activities and submit the evidence of activitiesundertaken. The implications and resource requirements of such a
change needs serious consideration before any changes are madeto current processes. In the current process, PDP already needs toaudit 200 members – which is a massive amount for a departmentwith so many responsibilities and limited resources.n. Overall, training and development of an internal auditor is relatedto learning pathways - from school level, tertiary and into CPD –and fall within the EdCom’s scope of responsibility.o. It was noted that PDP is seeing more and more complexity comethrough from a QCTO perspective e.g. QCTO wants professionalbodies to investigate training gaps for those not able to do theRPL process.p. It was suggested that a more integrated approach is adopted bycommittees to ensure that all committees are kept abreast of thework being done, but also allow for committees to provide inputwhere possible.q. It was noted that the PDP department is responsible for everythingincluded in the strategy - EdCom needs to provide input and willhave oversight.r. It was noted that elements of the EdCom strategy will inform the IIASA strategy and vice versa.s. It was noted that consideration needs be given whether academicqualifications should be the only route into internal audit to be tacitlyendorsed by the Institute through the accreditation and/or fundingof those program.
Action items in progressItemsAction datesIAEP Funding – influencing corporates toOngoingdonate to the IAAAF fund.CvE to provide feedback to PCB quirements after regulation comes intoeffect.Proposed SETA Landscape Post 2016Ongoing – hasbeen removedfrom agenda untilupdate isreceivedNM and CvE to discuss articulation andexemptionsforNQF9andhigherqualificationsOngoing –discussions to behad with SAQA,CHE and Final Update to Terms of ReferenceApril 2018Finalise EdCom strategyMay 2018Action items completed AQP Application Outcome – IIA SA has been awarded AQP status. CvE has met with IRBA CEO to obtain clarity regarding InternalAudit training and articles requirements after regulation comes intoeffect. Schedule special EdCom meeting to discuss regulation – Meetingwas originally scheduled for 31 May 2016, was held 31 August2016 Schedule teleconference with SAQA and Global – SAQA declinedthe meeting with Global and Global has indicated they will talkdirectly with SAQA.
Schedule teleconference with SAQA and Global – SAQA declinedmeeting indicating they will only communicate with IIA SA as therecognized professional body in SA. AQP SLA with QCTO – finalized in October 2016 Outcome of Occupational Qualification evaluation with the QualityCouncil for Trades and Occupations (QCTO) – Qualificationsapproved and published for public comment. Re-initial of page 1 of AQP SLA with QCTO – November 2016. Development of new Occupational Qualification Assessmentblueprints (Internal Auditor, Internal Audit Manager, and InternalAudit Quality Assurer – December 2016. Development of Assessment blueprints for ICT Internal Auditorqualification – February 2017. Meeting with the Chairman of the PCB to discuss the PIA-CIAmapping – February 2017. IIA Global’s request to register CIA as a designation with SAQA –April 2017. Mapping of IAT & PIA programmes by IIA Global – March 2017. MOU with National Treasury – April 2017. Meeting with between IIA SA and IIA Global to discuss CIA-PIAoverlaps and the way forward – May 2017. National Treasury – seeking European Union funding to run PTPprogrammes – October 2017 – Funding received for materialdevelopment, not to PTP programmes. Revision of CPD Policy – December 2017 Constitute a sub-committee to determine strategic focus areas forEdCom – Meeting held between JO, CvE and NM in December2017.Finance RequirementsR3.5 million for training material, simulation and assessment development.Strategic imperatives
Each of the following imperatives is addressed by the various functions of thePDP Department: Professionalize internal audit to meet market and anticipatedregulatory environment The IIA SA creating value for all of its stakeholders Long-term sustainabilityInformal Recommendations to the BoardNoneFormal Recommendations for Board Approval ToR to be approved.Next meeting date: 24 May 2018Submitted by:Jan OppermanChairman
pushing the CIA through marketing while the CCMS is a problem. g. Although the PCB and Global are of the view that uptake of the PIA is the reason for the reduction in CIA registrations, the three . IIA Global's request to register CIA as a designation with SAQA - April 2017. Mapping of IAT & PIA programmes by IIA Global - March 2017. .
