Institute of Internal Auditors Atlanta Chapter awards $50,000 grant to KSU's School of Accountancy
Submitted by tdemel on Wed, 02/20/2013 - 12:05pm
KENNESAW, Ga. (Feb. 19, 2013) — The Atlanta Chapter of the Institute of Internal Auditors (IIA) has awarded $50,000 in grant funding to Kennesaw State University's School of Accountancy. The grant represents the organization’s continued support of the University’s Internal Audit Educational Partnership (IAEP) program with the IIA and overall activities of Kennesaw State’s Internal Audit Center.
“We are proud to continue our association with Kennesaw State as it develops programs that helps students prepare for the internal audit profession which in turn helps in our State’s economic development, providing companies and organizations the ability to recruit internal audit talent right here in Georgia,” said John Fuchko III, CIA, CRMA, president of IIA’s Atlanta chapter. “Our organization was able to do this because KSU demonstrates continued commitment to the Atlanta Chapter, the internal audit profession, and the IAEP as evidenced by the implementation of a curriculum in its Master of Accounting program that reflects many of the elements of the IIA Global Recommended Curriculum”.
KSU has gained recognition as a leader in the field of internal auditing, which refers to a systematic approach that firms and organizations use to evaluate and improve operations, internal controls, governance and risk management.
“We thank the Atlanta Chapter of the IIA for their support,” said Kathryn Epps, director of the School of Accountancy. “The field of internal auditing provides excellent career opportunities to students in the School of Accountancy, and our internal auditing curriculum and other initiatives will be greatly enhanced by the Chapter’s investment.”
The Coles College of Business established the Internal Audit Center in 2008, one year after it started offering internal audit courses. The Atlanta Chapter of the IIA played a key role in launching the center and has worked closely with the School of Accountancy in developing the internal audit curriculum. KSU students who have taken internal audit courses have earned internships at organizations such as the Board of Regents, Georgia Pacific, Mohawk Industries, PRGX, Suntrust, UPS, and WellStar.
“Through our partnership with the Atlanta Chapter of the IIA, we have increased our profile among industry leaders by working to ensure that our programs are relevant to the issues facing those in the internal auditing field,” said Richard Clune, director of KSU’s Internal Audit Center. “This grant is a testament to the benefits of our partnership, to the work we have done to date and to the future of what we can accomplish together.”
This is the second time the Atlanta Chapter of the IIA has awarded funding to Kennesaw State’s School of Accountancy. In early 2012, the Chapter matched a $50,000 grant from the Internal Auditing Academic Advancement Fund for curriculum development.
“Kennesaw State’s IAEP program has exceeded the expectations of our 2006 Strategic Plan to have an IAEP program here in Georgia. KSU was and is our partner in going from no focused internal audit education to the top 40 colleges and universities in the world. Their efforts in this regard and enthusiasm helped us in being selected to host the IIA International Conference in 2010 that had a $3 million economic impact to the State. Now being able to give back to KSU makes us feel good,” said Bill Mulcahy, CIA, CPA, Chairman of the Atlanta Chapter’s Board of Governors from 2006 to 2010.
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Kennesaw State University is the third-largest university in Georgia, offering 80 graduate and undergraduate degrees, including doctorates in education, business and nursing, and a new Ph.D. in international conflict management. A member of the University System of Georgia, Kennesaw State is a comprehensive, residential institution with a growing population of 24,600 students from more than 130 countries.