Dear Colleagues:

Welcome to the March edition of our Newsletter. As always, March was a busy month.
Some of our board members attended the General Audit Management Conference in
Washington DC from March 16-18. In the past, we have found great speakers and
workshop topics at this event, which helps us to bring them to you. The chapter also
hosted our Annual Audit Seminar on March 20, 2009. This year, the seminar was held at
NYU’s Kimmel Center. As in past years, we had general sessions followed by multi-track sessions. Tracks
included Financial/Operational, Fraud, and Information Technology. In addition, two 1/2-hour segments
were dedicated specifically to vendors, providing participants an opportunity to visit exhibits.

Our featured keynote morning speaker was Sam Antar Former Chief Financial Officer of Crazy Eddie, Inc.
During the 1980’s, he helped his cousin and uncle mastermind one of the largest securities frauds of that
time. At the Seminar, Mr. Antar discussed the fraud he committed, the controls that could have detected it
and what he had learned from it.

Our luncheon speaker Darryl Strawberry, a former left hand-hitting right fielder, won the National League
Rookie of the Year in 1983.Darryl enters his second year as Club Ambassador for the Mets. He performs a
multitude of duties for the team – visiting spring training, working with the major and minor league players
and appearing on various New York sport’s shows. Darryl shared some of life experiences during his
baseball playing years with the both the Mets and the Yankees.

This event was very well attended with approximately 250 attendees. I would like to take this opportunity to
thank Diane Napolitano and the Annual Seminar committee for the smooth running of this event. They
made the event seem almost effortless.

Recent Event:
• On March 19th, Deloitte & Touche LLP Women Internal Audit Leaders Series, co-hosted with the
NYIIA Internal Auditors the opportunity to network with peers, share best practices and participate in
discussions regarding issues facing women in today's corporate environment. At this most recent
session titled Relationship Building Toolkits for Internal Audit, Andrea Nirenberg, author of “Savvy
Networking: 118 Fast & Effective Tips for Business Success,” was the featured guest speaker.

Upcoming Events:
• On April 30th, Mark Arning will host the next Audit Directors roundtable at New York Life. Please
contact Mark at MarkArning@newyorklife.com if you want more information on these valuable
opportunities to network and share ideas.
• Our next workshop will be at Madison Square Garden on April 17. Nick DiMola, Paul Flora will
facilitate the session on Internal Quality Assurance Reviews Our luncheon speaker from Deloitte &
Touche LLP will address “Attributes of a Highly Effective IA Function”.
• Please mark your calendar for our fabulous awards dinner on Friday, June 5. We will again be at

Sal Antonio in Little Italy where we will honor all of our past presidents and hand out the coveted Tom
Johnson award among many others.

I look forward to greeting you at these upcoming events.

Carol F. McFarlane, President
IIA New York Chapter