Corporate Governance: The Good, the Bad, and the Ugly
presented by Glenn E. Sumners, Director
Center for Internal Auditing
College of Business Administration
Louisiana State University

Recent events have focused attention on risks, controls, and corporate governance. Internal auditors play a significant role in addressing these challenges. As a profession, we must be knowledgeable about current events and best practices.

This seminar will provide a forum for sharing experiences with other professionals on a variety of current topics.

Seminar Content Detail
Dr. Sumner's Biography

Course Content

Corporate Governance:

• Primary issues for Internal Auditing
• Triple bottom line
• Transparency
• Sustainability
• Interconnectivity
• Transformation transactions
• Key reports

Operational Auditing

• Goals and objectives
• Vision - values
• Metrics
• Reporting
• Performance model
• Risk
• Quantitative models
• Qualitative models
• Risk issues Controls
• Controls
• Control models
• Audit model
• COSO model
• CoCo model
• Comprehensive model
• CSA

Competency Framework for Internal Auditing

Case Studies

• Several short teamwork assignments

New Standards

• Professional Practices Framework
• Attributes
• Performance
• Implementation
• Practice advisories

Best Practices in the Profession

• Open discussion of various topics including:
• Staffing
• Attributes
• Recruiting
• Training

New Challenges

• Risk assurance
• Consulting

Biography

Glenn E. Sumners, DBA, CIA, CPA, CFE
Director
Center for Internal Auditing
Louisiana State University

Professor Sumners is on the faculty of Louisiana State University where he teaches internal auditing in the Center for Internal Auditing. Prior to receiving his DBA at the University of Tennessee, he received a BS and MA from the University of Alabama.

Professor Sumners has over ten years professional experience in industry, consulting, and public accounting. This experience includes three years as the Controller of ESP.

Professor Sumners has authored two IIA Monographs, “Developing the Internal Auditor’s Leadership Skills” and “Conducting Internal Audit Interviews.” In addition, he has authored articles in Managerial Auditing Journal, Auditing: A Journal of Practice and Theory, Internal Auditing, Internal Auditor and others. He serves on the Internal Auditor Editorial Advisory Board and the editorial team of the International Journal of Auditing. He currently serves as an IIA Research Foundation Trustee.

He is the Director of the Louisiana State University Center for Internal Auditing. He was named Educator-of-the-Year in 1987 by the IIA and received the LCPA Lifetime Achievement in Accounting Education Award in 1999. Twelve students from the LSUCIA Program have won international awards for the highest score on the CIA exam. He received the 2001 CIA Academic Outreach International Award.

In the last 15 years, Professor Sumners had made over 850 presentations to companies, organizations and IIA Chapters. This list includes over 150 CIA exam reviews in 35 cities and 7 countries. In addition, he provides quality assurance and consulting services to internal audit departments and audit committees. He is a co-presenter in the IIA/LSUCIA Vision University Program.

Glenn E. Sumners, Director
Center for Internal Auditing
College of Business Administration
Louisiana State University
3117-A CEBA
Baton Rouge, LA 70803-6304
Office: 225-578-6210
Home: 225-766-7788
Cell Phone: 225-445-4565
Fax: 225-578-6009
E-mail: gsumners@hotmail.com
http://www.lsucia.com