1. Annual General Meeting
Chief Executive’s Report
Dr Ian Peters
13th October 2016

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

3. Financial overview Surplus of £370,109 for the year
Income increased by 18.2%
Costs increased by 9.9%

4. Sales income First year of new qualification sales: £387,192
Chartered By Experience sales up by £11,550
Certificate programme sales down by £49,789
External Quality Assessment sales up by £219,163
Tuition sales down by £118,012
Partnership income up by £52,694
Training sales up by £117,118

5. Membership 9,378 as at 31.3.2016 Up 620 (7%) on 2015
Showing continued growth this year so far

6. Operational performance
Policy and influence work:
What every director should know (April 2015)
The role of internal audit in non-financial and integrated reporting (July 2015)
Implementing the IIA Financial Services Code (July 2015)
Outsourcing and the role of internal audit (September 2015)

7. Audit committee engagement
Non-exec engagement through events, including FRC and Board Intelligence tie-ins
Continued publication of audit committee briefings

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
HIAS - grew from 218 to 260

10. Summary A year of exceptional financial performance
Ever stronger relationships within the profession
Growing capability to support the profession
Expanding influence and network of external relationships
Growing presence on international stage

11. Questions?