IIA Definitions
Any illegal act characterized by deceit, concealment or violation of trust. These acts are not dependent upon the threat of violence or physical force.
What is Fraud?
Enbridge's core values
What are Safety, Integrity & Respect?
What are the 3 types of engagements performed by IA?
Assurance, Advisory & Investigation
EVP & Chief Legal Officer
Bob Rooney
A&SL
Authorities & Spending Limits
What is Objectivity?
On July 25 2010, this line ruptured just south of Marshall, Michigan.
What is Line 6B?
Evidence that requires a minimum of 2 levels of review & approval are?
Risk Assessments, Engagement Letters & Final Audit Reports
SVP & Chief Accounting Officer
Mark Maki
ESOR
Enterprise Safety & Operational Reliability
The possibility of an event occurring that will have an impact on the achievement of objectives, measured in terms of impact and likelihood.
What is Risk?
Enterprise wide, this 2019 project has the highest capital cost, at $5.3B
What is the Line 3 Replacement - Canadian Portion?
How many considerations (or areas of risk) should be considered in the planning process for every assurance engagement?
7
Safety, Fraud, Emerging Risks, IT & Data Security, Cost Effectiveness, Data Analytics and Site Visits
SVP & Chief Information Officer
Bhushan Ivaturi
SCADA
Supervisory Control & Data Acquisition
The conceptual framework that organizes the authoritative guidance promulgated by the IIA.
Name the three Accounts Payable Locations
Houston, Edmonton & Toronto
The COSO methodology has 5 components and how many principles?
17
EVP & President Gas Distribution & Storage
Cynthia Hansen
GIS
Geographic Information System
The combination of processes and structures implemented by the board to inform, direct, manage and monitor the activities of the organization toward the achievement of its objectives.
What is Governance?
Expenditures for individual items of Property, Plant & Equipment (PP&E) are eligible for capitalization if they are greater than or equal to this dollar threshold
(exception for Regulated Utilities)
What is $10,000?
What is the provided guidance for the minimum testing sample size, based on a weekly frequency (population of 52)?
SVP & Chief Human Resources Officer
Marc Weil
LOPC
Loss of Primary Containment