1. Annual General Meeting Chief Executive’s Report Dr Ian Peters 15th October 2015

2. Contents Financial overview Sales income and membership growth Operational performance

3. Financial overview Surplus of £18,933 for the year Income decreased by 1.4% Costs decreased by 1.2%

4. Certificate programme sales up by £82,000 Chartered By Experience sales up by £40,000 External Quality Assessment sales up by £69,000 Diploma tuition sales down by £114,000 Partnership income down by £77,000 Training sales down by £52,000 Sales income

5. Membership 8,758 as at 31.3.2015 Up 300 (4%) on 2014 Showing continued growth this year so far

6. Policy and influence work: Embedding effective internal audit in financial services (April 2014) Culture and the role of internal audit (July 2014) Building effective internal audit (August 2014) Governance and Risk Report (October 2014) Operational performance

7. Audit committees strategy Our audit committees strategy aims to raise awareness of the value of internal audit amongst this key group and support Heads of Internal Audit in their engagement with their Audit Committee.

8. Our media coverage is helping to raise the profile of the profession

9. Operational performance Heads of Internal Audit Chartered By Experience External Quality Assessment Global suite of qualifications Over 2,000 attendees at the IIA London International Conference

10. Summary A year of significant delivery Stronger relationships within the profession A more responsive and fit for purpose Institute A higher profile and stronger external relationships

11. Questions?