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16th May 2022

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CHEIA May 2022 Update Nkechi Ijeomah

Message from the Chair
It’s been a busy quarter in CHEIA as we have focused on both the preparations for the September conference and updating our medium-term development plan and the immediate priorities within that plan.  Those priorities include widening our reach beyond the community of internal auditor practitioners in the sector to include more of our colleagues involved in the commissioning or coordination of audit and assurance activities within our institutions.  This involves recruitment at two levels: firstly attracting new institutional members, and secondly through engagement with more staff within the existing membership.  New institutional members are most likely to emerge from universities that have outsourced their internal audit functions and whose providers will in most cases be members in their own right.  Our aim here is to help those who commission internal audit services to engage with their auditors more effectively and to understand what is ‘hot’ in the world of IA.  For the second group, within existing members, please remember that once an institution or provider is a member of CHEIA, any number of staff within that organisation can register to access the benefits of membership.
Do you know of anyone in your institution who you think might benefit from registration (e.g. in risk management, or on your audit committee)?  Are all members of your internal audit team registered?  Would you like to invite them to join?  And if you have any suggestions for things that we could do to help this wider audience to better engage with CHEIA, please let me know.

David Williamson, Chair of CHEIA
Head of Internal Audit Service
University of West of Scotland
David.Williamson@uws.ac.uk

CHEIA Conference 2022 – Information coming soon
You already know, from previous Updates, that the 2022 Conference will be compressed into 2 days instead of our usual 3 and that it will be online. You should also have pencilled in 7 to 8 September as the dates for the virtual gathering. The Executive are really excited about the speakers being lined up to join us for what we expect to be another great event. It will be all about ‘Change’ on the first day of the Conference and then ‘Sustainability’ on the second day. The full information should be available in a few weeks. Please book yourselves on then and ensure that your colleagues also take advantage of the discounted rates for additional delegates.

Bitesize Sessions and Recordings
At the request of members and with the permission of presenters, we have commenced recording of the presentations, including only the slides and the presenter’s audio/video feed. Recordings will not include the Q&A at the end and no participant information such as contact details, questions, or comments will be captured and will be made available on the members’ only section on the website. For more information about how CHEIA processes personal data, please refer to our privacy policy at www.cheia.ac.uk.
Forthcoming Bitesize sessions will be announced shortly. If you have any suggestions about sessions or speakers, please email contact@cheia.ac.uk.

Interest Groups within CHEIA
We are making sure that there is something for everyone within CHEIA. You can join the Heads of Internal Audit Forum or the Practitioners’ Group and we also now have a CISA (Certified Information Systems Auditor) Group for those with IT auditor qualifications or who wish to qualify but are not sure how. The first two groups are having regular virtual meetings which provide very useful catching up and sharing opportunities for members. The CISA group is currently exploring the best way to organise their interactions, topics for discussions and the frequency of any meetings. If you are interested but are yet to be part of any of the groups, contact the CHEIA Administrator at contact@cheia.ac.uk.

Quality Assessment Exercise 2022
CHEIA promotes a Tool which members can use to perform quality assessment, either as a self-assessment to meet the internal quality review requirements or for a peer-review to meet the external quality review requirements. Please complete this survey, by 20 May 2022, to let us know what type of assessment you will be undertaking this year and to help us facilitate groupings for those who wish to be part of peer review. Another survey will be available later for you to submit anonymised results which we will share with participants for benchmarking.

CHEIA Development Plan
The updated Development Plan (2021/22 to 2025/26) is now available on the website. The Executive have taken time and put much effort into creating this document to ensure that we are providing the best possible services for members. You may wish to review the document and provide any feedback you have for the Executive.

Fraud Risk Management Questionnaire
Following the Bitesize session which took place on 31 March 2022, we have a fraud risk questionnaire https://kpmgfraudriskquestionnaire.com for you to see how well your organisation is managing the risk. With an estimated 5% of business revenues lost to fraud and it being high on the agenda of organisations we hope you will find this questionnaire, which will only take about 5 minutes to complete, useful.

Reports from other Professional Services Groups
We are approaching our third year as part of the Professional HE Services Group (PHES). You can get an insight into the activities of other special interest organisations, SIOs by looking at their annual reports. The ones for the Association of Heads of University Estates, AUDE www.aude.ac.uk/annual-report-202122/ and British Universities Directors of Finance, BUFDG www.bufdg.ac.uk are now available.

Training by other Groups in PHES
Some of the training organised by other SIOs may also be of interest to you. Check out Introduction to HE for Professional Services Staff, a one-day development event aimed at professional services staff within their first year of working in HE, who may need to grasp the complexities and political environment of HE, and the implications for operating and influencing effectively. It's free and online on Monday 4 July, 10:30 – 14:30.

Got anything to share with the CHEIA Community?
You can share your plans, current work or your take on a trending internal audit topic with the CHEIA community via our website and the Monthly Updates. Please contact the Administrator for more information.

Contact CHEIA
contact@cheia.ac.uk

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