Information Management and Technology Assurance (IMTA) Division

1. Information Management and Technology Assurance (IMTA) Division

2. Structure of the IMTA Division

3. IMTA Division Staff • Division Lead : Susan Pierce, CPA, CITP, CGMA • Manager: Open (must be a CPA, preferably CITP) • Project Manager: Jocelyn Woodard, CISA • Project Manager: Iesha Mack • Associate Project Manager: Maritza Cora Reporting to: • Jeannette Koger, VP, Member Specialization and Credentialing • Anthony Pugliese, Senior VP of Finance, Operations & Member Value

4. IMTA Division Mission To provide guidance, resources, and tools to help members enhance their understanding, utilization, and management of technology from a CPA’s unique perspective within the communities they serve.

5. IMTA Division Focus Areas • IT Assurance and IT Risk • Security and Privacy • Business Solutions • Emerging IT Trends • Data Analytics

6. IMTA Division Stats and Areas • IMTA Division Houses 2 Areas • IMTA Member Section (~1650 section members) • CITP Credential (~2359 Credential Holders) • Demographics: 47% Public Acct, 35% B&I, 18% Other • Other : 11% Consulting, 3% Education, 4% Government • IMTA Division Committees • IMTA Executive Committee • CITP Credential Committee

7. IMTA Division Structure • IMTA Division Committees • IMTA Executive Committee- Chair Donny Shimamoto – IMTA Chair IntrapriseTechKnowlogies,LLC Honolulu, HI 808-735-8324 donny@intraprisetechknowlogies.com Donny Shimamoto is the founder and leader of consulting services at IntrapriseTechKnowlogies LLC (ITK), a technology management company dedicated to helping small and medium-sized organizations leverage enterprise technology and knowledge management strategies. He is currently serving on the AICPA’s Assurance Services Executive Committee as well.

8. IMTA Executive Committee Preside over the AICPA IMTA Community and support members in their understanding and use of technology from a CPA perspective and help them to fulfill their role as stewards of information by: • Acting as the governing body for the IMTA Membership Section • Identifying and delivering relevant and value-added content to the IMTA Membership Section • Serving as a steward of the AICPA’s information management services area • Serving as steward of the AICPA's IT audit and assurance services area • Serving as steward of the CITP with the CITP Credential Committee • Advising over AICPA IT-related information, including the IMTA Interest Area Website • Advising over AICPA IT-related communications, including InfoTech Update • Providing insight and direction related to IT content in AICPA conferences • Being a liaison to internal committees for IT-related topics • Conducting outreach to external CPA IT-related associations

9. IMTA Division Structure • IMTA Division Committees • CITP Credential Committee- Chair Joel Lanz – CITP Credential Committee Chair Joel Lanz, CPA, P.C. Jericho, NY 516-578-8908 jlanz@joellanzcpa.com Joel Lanz is the principal of a niche CPA practice specializing in IT audit, risk management and technology governance and value management.   Prior to starting his practice in 2001, Joel was a Business Risk Consulting and Assurance Partner at Arthur Andersen and was a Manager at Price Waterhouse.   Joel currently serves on the AIPA CITP credential committee, and formerly served on the Institute’s Information Technology Executive Committee. He currently teaches accounting information systems, forensic accounting and accounting theory courses at State University of New York at Old Westbury.

10. IMTA Division Operating StructureHistory of Committees The use of committees began even before the AAPA was formed in 1887. At the first meeting of what would become the AAPA on December 22, 1886, those present authorized the appointment of a committee to draft rules and regulations. Beyond this first preliminary committee the first Bylaws of the AAPA in 1897 established three committees: Finance and Audit Committee, Committee on Elections, Qualifications and Examinations, and the Committee on Bylaws. The number of committees grew continually over the years. In the 1940s there were 34 committees. By 1960, there were 89 and in1970, the number had grown to 109. In 1999 the nearly 120 existing committees underwent a re-organization with approximately half of the standing committees being replaced with a volunteer group model that placed an increased emphasis on the use of task forces. The increased use of task forces allowed for more targeted efforts with the task forces being given a specific assignment then disbanding upon completion of that assignment. Also, in 1999 the first tracking and management of task forces began. Collectively, more than 2,000 volunteers contribute to the AICPA fulfilling its mission.

11. IMTA Division Operating Structure –Committees • Committee members are appointed annually, renewable up to 3 years • Committee application process starts in February and ends in May each year • Appointments are made in July • Terms Begin November 1 through October 30 • Commitment of committee members: • Attend 1 conference call per month and 2 in-person meetings each year • Chair at least one volunteer professional groups (Task Forces/Workgroups/Champions/Liaisons) • Contribute annually one : article, blog post, web event, conference session, podcast, case study, or any other form of professional content in thepreferred medium on an area the member is passionate about related to Information Management and Technology Assurance • Present to authoritative bodies, such as NIST, DHS, DOL and any other authoritative body as requested

12. IMTA Division Operating StructureHistory and Mission of Volunteer Groups Need for Volunteer Groups: The AICPA organization consists of volunteer groups and staff, working together to achieve the Institute's objectives. Volunteer Groups help present the interests, needs and attitudes of the membership. They assist the Institute in maintaining high standards of professional practice, promote the interest of CPAs, serve as a spokesperson for the profession and provide appropriate services to members. An effective volunteer group structure can generate sound group judgment, provide continuity of thinking, and help bring together a cross section of member knowledge and experience. It also provides for leaders of the profession. The most important reason for organizing a volunteer group is the need for member guidance and representation.

13. IMTA Division Operating Structure –Professional Groups • Professional Groups (Task Forces/Workgroups/Champions) • Professional Groups are made up of volunteers who are subject matter experts (SMEs) in the area(s) being addressed. • Volunteers are vetted by the Committee Member assigned to that professional group. • Commitment: • Professional Group volunteers are expected to: • Attend 1 audio conference call per month, unless otherwise agreed upon by the group • Participate in the creation of though t leadership content, through a white paper, web event, blog post, article, podcast, case study, practice aide, checklist, quick reference guide, conference session, another preferred medium or agreed upon medium • CITP Champions and Liaisons are expected to: • Attend 1 audio conference every month, unless otherwise agreed upon by the group • Volunteers should focus on building meaningful relationships with their home state CPA society, other professional organizations and other CITP credential holders • Champion the CITP credential and the Information Management and Technology Assurance subject matter through speaking opportunities, knowledge sharing and conference/event exhibiting on behalf of the IMTA Division

14. IMTA Division Operating Structure Pathway to Committees

15. IMTA Executive Committee Initiatives • Strategic Direction & Thought Leadership • Focused on the IMTA body of knowledge for CPAs • 5 CITP Dimensions: Insight, Audit, Controls, Fraud, and Risk • 12 IMTA Competency Model functional areas • Guided by the AICPA Top Technology Initiatives survey results • with consideration for thought leadership topics

16. IMTA Division – CITP Body of Knowledge

17. IMTA Division – IMTA Competency Model • Information Security Management • IT Risk Management • Business Process Management • Information Management • Information Systems Audit • Business Continuity & Disaster Recovery • IT Strategic Planning and Management • IT Infrastructure Management • IT Governance • Business Intelligence • Technical Support for Financial Applications • Solution Delivery & Implementation

18. IMTA Division Resource Initiatives

19. IMTA Division Operating Structure –Committees, TF’s and Champions

20. IMTA EC Initiatives • Business Information (BI) • The BI task force provides guidance to help managers and others responsible for business strategy better understand their operations, make wiser and more informed business decisions and manage operational performance through use and evaluation of the created data and related information. Current Initiatives: • Thought Leadership Paper: Data Integrity • Overview: Predictive Analytics • Collaboration Opportunity with CIMA/BIG/CGMA – Big Data

21. IMTA EC Initiatives • Business Solution Implementation (BSI) The BSI task force provides guidance, tools and resources to educate and inform decision makers and contributors on the practice of creating and modifying a system to create a new business process or replace an existing business process. Current Initiatives: • Thought Leadership Paper and Web Cast: A CPA’s Approach to Business Solution Implementations • Case Study: Implementation Roles • Guide: Solution Weighting • Guide: Change Commitment Curve • Career Initiative: Working with the Student and Professional Pathways (SPP) Division of the AICPA to raise awareness and communicate the changing role of the CPA and the diverse market opportunities for business/practice advisory services afforded to CPAs who specialize. • Thought Leadership Paper: Project Management Essentials

22. IMTA EC Initiatives • Emerging Technologies (ET) • The ET task force provides awareness and educates the decision makers (CFO, Audit Partners, APC, etc…) about emerging IT Trends and the application of IMTA competencies to those trends Current Initiatives: • Decision Tree: Cloud Decision Model • Article: The Changing Role of a CPA • Web Event: Ethics in IT • Thought Leadership Paper: Remote Computing

23. IMTA EC Initiatives • IT Considerations in Financial Statement Auditing (IT Audit) • The IT Audit task force provides guidance around IT Considerations in Financial Statement Audits and addresses IT considerations in an internal control setting. Current Initiatives: • Thought Leadership Paper: IT Considerations in a Financial Statement Audit • Web Event: IT Considerations in a Financial Statement Audit • IT Audit School Update: Basic and Advanced

24. IMTA EC Initiatives • Service Organization Control Reporting (SOC) • The SOCtask forcereports are internal control reports on the services provided by a service organization. The SOC task force works toward providing education and practical guidance in this topic area. Current Initiatives: • Preparing the System Description • Evaluating/Assessing on Design – Service Auditor Obligations • 10 Tips to Consider for SOC Engagements

25. IMTA EC Initiatives • Top Technology Initiatives (TTI) Program • The TTI task force provides guidance in developing the AICPA’s annual Top Technology Initiatives Survey. The TTI survey provides insight to the CPA community for technology initiatives, covering both public practice and business and industry. The task force leverages the results of the survey to provide guidance (produced by the IMTA TFs) around IMTA initiatives revealed to be the top areas of concern facing practioners. The TTI survey is conducted jointly with CPA Canada to provide a North American perspective to current technology trends. Current Initiatives: • TTI Survey Results – Public Accounting and Business & Industry focused • TTI Tool Kit • Public Accounting Guides • Business and Industry Guides

26. IMTA CITP CC Initiatives • CITP Examination • The CITP Exam Task Force is a group of subject matter experts that assess the structure of the CITP examination. This group also conducts technical reviews to ensure the quality, validity and relevance of the exam questions. Current Initiatives: • No Current Initiatives in Process

27. IMTA CITP CC Initiatives • CITP Education Pathway • The purpose of the CITP Education Pathway task force is to assess and/ or develop educational materials/courses around the CITP Body of Knowledge. Current Initiatives: • Web Cast series – 5 Part CITP Body of Knowledge

28. IMTA CITP CC Initiatives • CITP Credential Development • The purpose of the task force is to coordinate programs designed to address marketplace recognition and public awareness of the CITP Credential. Current Initiatives: • CITP Value Proposition Brochure Series

29. IMTA CITP CC Initiatives • CITP Strategic Initiatives • The purpose of the CITP Strategic Initiatives task force is to develop and maintain relationships with influencers in public practice, business and industry and academia. Another purpose of the task force is to contribute to the intellectual property of the CITP Credential and raise awareness about credentialing as an important milestone related to personal career development. Current Initiatives: • Working with AIPCA Student and Professional Pathways (SPP) to explore ways to assist professors and educators. Using the CITP Body of Knowledge as a basis to create class room training materials and awareness messages that communicate the opportunities and types of engaging work available for practicing CITPs in the areas of Information Management and Technology Assurance.

30. IMTA Division – Portfolio of Deliverables MARKETING: IMTA Division, Marketing Dept, and Communications Team DISTRIBUTION CHANNELS (AICPA.ORG, etc.)

31. IMTA Division – Communication Channels • E-mail Newsletters • InfoTech Update (smartbrief, public, monthly) • Quarterly Newsletter (AICPA members w/ IT interest, quarterly) • IMTA News (IMTA & CITP only, bi-monthly) • IMTA/CITP Webinars • AICPA Conferences – IMTA Sessions • TECH+ (signature conference joint with PCPS/Practitioners) • National Advanced Accounting and Auditing Technical Symposium (NAAATS), • Controllers Conference • E.D.G.E. Conference (young CPAs) • Industry Conferences: for example, Manufacturers, Hospitality, Government, Not-for-Profit • AICPA Publications • Journal of Accountancy magazine • JoA Insider Newsletters (Corporate Finance & CPA Insider)

32. IMTA Division Volunteer Rewards • Develop relationships with like minded professionals • Develop your skill set • Contribute to the Profession • Establish and Demonstrate Expertise • Obtain CPE • Encourage your Peers • Promote your Passion • Change the Market • Become Legendary

33. Questions? Susan Pierce spierce@aicpa.org