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 2004 President Report

Dear Members,

With your support and participation, it has been another fruitful year for ISACA (HK Chapter) in 2004. It is approaching the end of 2004 and start of the new year, let us quickly review the achievements we have together accomplished in 2004.

A key milestone that we have achieved this year is the set up of an ISACA office in Hong Kong and employment of a full time Administration Officer that offers support for our membership growth and professional development. We welcome all of you to visit our office to meet with our officer, relax, research, network and exchange knowledge. Other milestones achieved are summarized below:

• Our membership continues to increase to 1,226 as of 30 November 2004. Our Chapter ranks third in membership numbers globally after New York and Korea.
• Our Chapter won the Gold Website Award among all international chapters.
• For the first time in Hong Kong, qualified ISACA members are eligible to vote at the LegCo election in September for the ITFC candidate.
• We continue to host CPD seminar each month, and achieved 12 CPD seminars in the year.
• We continue to successfully host CISA/CISM Briefing session and Review Courses.
• For the first time in China, ISACA (HK Chapter) organized CISA/CISM Briefing sessions respectively in Shanghai, Guangzhou and Shenzhen; and successfully organized a CISA Examination Assistance Course in Shenzhen with encouraging pass rates from the PRC candidates who participated in our course.
• ISACA (HK Chapter) was among the official delegation of the HK IT Sector’s visit to Beijing for information exchange with the various government officials and authorities in September.
• ISACA (HK Chapter) was one of the organizers successfully organized the HK IT Sector’s National Day Celebration in September.
• We continue to participate in the ITFC Advisory Committee hosted by Hon. Sin Chung Kai.
• We continue to participate in the Working Group on IT Professional Registration System.
• We are one of the participating professional bodies in the newly set up Working Group on Information Security Green Paper initiated by Hon. Sin Chung Kai.
• We continue to conduct talks and seminars at Universities to promote IS audit, control and security, and have invited University professors to participate in the ISACA’s Academic Advocate Program to work with academics to encourage the incorporation of the ISACA model into their curriculum.
• Together with five other professional bodies, we successfully hosted the 2nd annual IS-Summit in November 2004.
• We successfully hosted the Career Seminar 2004 sponsored by Ambition in May.
• We hosted a joint seminar with JCI (Junior Chamber International) Hong Kong to promote IS security awareness to non IT sector in July.
• We hosted the first COBIT Workshop in early December, the response of which was overwhelming.
• We continue to network with other professional bodies to promote the objectives of ISACA.
• We continue to submit feedback and opinions on Government’s bills and proposals.

ISACA (HK Chapter) aims to provide thought leadership in Governance, Security and Assurance. With the International resources and backing, ISACA is in a unique position to be a global organization supporting each local Chapter with research, information and membership services. ISACA’s International website www.isaca.org continues to be a valuable information portal to members, and ISACA’s HK website www.isaca.org.hk focus on local issues and membership activities. Please frequently log on to ISACA’s International and HK website to obtain assistance and information for your daily work, knowledge update and activities purposes.

At our AGM on 7 December, a new Board of Directors is born. Apart from the incumbent Directors having re-elected for another year, three new directors are appointed to the Board, all of whom have been serving as our Committee members for a year. An updated Directors list can be found on our Chapter’s website. New committee members were recruited from our membership who have been volunteer helpers in the past year.

On behalf of the Board of Directors, let us wish all members a very Merry X’mas and Prosperous New Year, and a year of advancement in the development of IS audit, controls and security. Whilst staying in touch via emails and websites, we welcome you to visit the Chapter’s office and participate as our volunteers. We look forward to meeting you in person during our monthly CPDs and various Chapter activities. As always, your advice and comments are welcome and treasured!

Best regards,

Susanna Chiu
President

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Past Hong Kong Chapter President elected as ISACA International Vice President

Our heartfelt congratulations to Mr. Frank Yam (ISACA Hong Kong Chapter President 1996-1998) for being the first elected International Vice President from the Hong Kong Chapter. He was also voted by the new International Board of Directors to serve as the Treasurer of the Association. Frank has helped to build the foundation of the Hong Kong Chapter which is now one of the largest ISACA chapters in the world. In recent years, he has also played a strategic advisory role in successfully securing voting rights for Hong Kong Chapter members in IT Functional Constituency elections. The following profile was extracted from ISACA’s Global Communique:

“Frank K.M. Yam, CISA, CIA, CCP, CFE, is the past president of ISACA’s Hong Kong Chapter, chairperson of the Hong Kong Computer Society’s Information Security Specialist Group and founding vice president of the Association of Certified Fraud Examiners’ Hong Kong Chapter. Currently, he is the COO for Focus Strategic Group Inc and is serving on ISACA’s Quality Assessment Team as an expert reviewer of the CISA Review Manual. For the past 8 years, he has been leading the ISACA team focusing on Greater China development. Also, he has received the John Kuyers Best Speaker Award in 2002 and the International President Appreciation Award in 1998.”

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 WHO WE ARE:

2003 Annual General Meeting - President's Report (148 Kbyte PDF)

Association of professionals involved in information systems (IS) technology audit, control and security. Founded in 1969 as the EDP Auditors Association. The Association is governed by an elected and appointed body of volunteers from around the world, and is represented in Hong Kong by a local Chapter, formed in 1982.

 MEMBERS:

Global membership of more than 20,000 in 100 countries in Asia, Central America, South America, Europe, Africa, North America and Oceania.

Represented among the members is a diverse group of enterprises, including financial and banking institutions, accounting and general auditing firms, governments and the public sector, utilities and manufacturing, and an equally diverse range of titles, experience levels and professional specialties.

 MISSION:

Through worldwide leadership, enhance recognition of the IS audit and control profession through the advancement of standards and practices, education and certification.

ISACA's vision and mission statements announce that the Association exists to assist IT governance, control and assurance stakeholders deal with IT management, IT risk and IT process, and their interaction with corporate governance, corporate management, corporate risks and corporate processes. ISACA does that by providing value through various services, such as research, standards, information, education, certification, and professional advocacy. The Association helps IS audit, control and security professionals focus not only on IT, IT risks and security issues, but also on the relationship between IT and the business, business processes and business risks.

 ACTIVITIES:

CISA® (Certified Information Systems Auditor) certification--globally respected professional designation for experienced IS audit, control and security professionals. Requirements: pass CISA Exam, five years IS audit experience, abide by ISACA ethics, continuing education. CISA Exam is given annually in nine languages, in 120 test sites around the world. The local Hong Kong ISACA chapter holds a revision course which generally commences in late February for 10 weeks. The course is structured around the CISA syllabus and is a useful forum in which to discuss any queries people may have.

ISACA sponsors five global conferences and other education opportunities, publishes the bimonthly IS Audit & Control Journal and Global Communiqué, and offers a bookstore of current technical publications.

 FOUNDATION:

The international, not-for-profit, Information Systems Audit and Control Foundation (ISACF) promotes research that results in the development of beneficial documents and informs technology users about the critical role IS controls play in their organizations.

 INTERNATIONAL CHAPTER:

3701 Algonquin Road, Suite 1010,
Rolling Meadows,
Illinois, 60008 USA

Phone: +1.847.253.1545
Fax: +1.847.253.1443
Internet: http://www.isaca.org/

 FURTHER DETAILS:

a) Contact the local HK Chapter:

b) Look at the Association's web site (http://www.isaca.org)

For Certification information, click here

For membership information, click here