April Meeting
Thursday the 6^th
CityPlace Conference Center

Annual Student Day

The Top Ten Issues facing Internal Auditors in the Future

David A. Richards, CIA,
President of the Institute of Internal Auditors

Preview the Presentation

Dave will present the top issues facing an internal auditor in the future and what needs to be done to prepare for these expectations. The issues will focus on what situations an internal auditor most likely will encounter in the future for which they will need to be prepared to properly respond. In addition, Dave will present what the IIA is doing to address these issues and provide information, guidance, tools, training, and benchmark data for use by IIA members. Attendees will receive a view toward the future based on Dave’s interaction with internal auditors around the world plus his experiences during his over 25 years of internal audit practice. During the presentation, Dave will also provide references to currently available information that will help internal auditors prepare for the future of our profession.

David A. Richards, CIA, CPA, is the President of The Institute of Internal Auditors which is a global association of over 115,000 internal auditors in over 166 countries. Dave oversees the establishment of the International Standards for the Professional Practice of Internal Auditing, training in the form of conferences, seminars, and Web based learning, research on emerging issues, The IIA’s Certification Programs for the CIA, CGAP, CCSA and SFSA, Quality Assessment Program, plus representation of the profession around the world.

Dave is the former Director of the Internal Auditing Department, for FirstEnergy Corp. where he served over 33 years in various capacities including CAE (24 years), supervisor, Accounts Payable (8 years) and accountant in general accounting (3 years). FirstEnergy is an electric utility serving over 4 million customers in the Ohio, Pennsylvania and New Jersey areas with assets of $38 billion and annual revenue of $12 billion.

Dave is a Certified Internal Auditor (CIA) and a Certified Public Accountant (CPA) and holds an M.B.A. from Baldwin Wallace College. Dave received his undergraduate degree in accounting from John Carroll University. Dave is a member of the Institute of Internal Auditors (IIA) International Board of Directors, and was the 2001-2002 Chairman of the Board. Dave is the 2004 winner of the Victor Z. Brink award for distinguished service to The IIA. Dave and his wife, Marilyn, have three children and four grandchildren.

Working with Students/ Assimilating New Staff
Toni Messer & Mark Salamasick, University of Texas at Dallas

Are you having difficulty completing your audit plan? Do you have to battle to get the audit resources you need to get the job done? Do you want to help grow and develop future auditors? Toni and Mark will discuss how students can be your best allies in completing your audit plan and bringing new ideas to the audit group. They will also address the curriculum and on the job training to make a program successful. They will cover how internal audit groups can work with the School of Management faculty to benefit all concerned.

The UTD internal audit class has completed over 20 audits since the start of the program three years ago. During the past year the program has expanded to work with auditors from UT Southwestern Medical Center at Dallas and the City of Garland. Toni and Mark will cover some of the trials and tribulations over the past three years in developing such a program. Expect a lively discussion on alternatives to get started and how your Audit Committee will embrace the idea.

Toni Messer, CPA, CIA, has been the Director of Internal Audits at UTD for the past 14 years. Prior to that, Toni worked for the Texas State Auditor’s Office. She received her degree in Accounting from Texas A&M University.

Toni is an active member of the Dallas IIA Chapter, currently serving on the Board of Governors and co-chairing the CIA Programs Committee. She recently served as the Programs Chairperson for the IIA’s Southern Regional Conference and has served on various committees since 1998. Toni has been a Track Coordinator for the Association of College and University Auditors (ACUA) conference since 2003, and is now the Annual ACUA Conference Director. In addition, she was a Board member for Texas ACUA for five years.

Toni has worked with Mark’s Endorsed Internal Audit Program for the past three years, giving presentations and working with the students on audits, providing them with actual audit experience.

Mark Salamasick, CIA, CISA, CSP, is Director of the Endorsed Internal Audit Program at UTD. The program has a significant emphasis on technology, information security and business process design. He teaches “Business Process Design and Internal Audit”, “Information Technology Risk Management”, and “Financial Statement Analysis”. The program he developed is the fastest growing Internal Audit Program and received the IIA International Leon Radde Educator of the Year Award in 2005.

He was the Principal Researcher on a project with the IIA Research Foundation and Intel on PC Management Best Practices which was completed November, 2003. He continues to work with Intel on emerging technology issues around that topic. He has two publications with the IIA completed, PC Management Best Practices and Auditing Vendor Relationships. He is also working with five co-authors on a new textbook, Internal Audit: Assurance and Consulting services due for publication by the IIA International during Fall, 2007.

He was previously with Bank of America for over twenty years. During his last two years at the bank he was in a role of Senior Vice President of Internet/Intranet Services. Prior to that he served in the role as Senior Vice President and Director of Information Technology Audit at Bank of America. He worked within the Internal Audit Group of the bank for eighteen years with responsibility of recruiting, developing, merging and training the audit staff. He managed a worldwide IT Audit staff of thirty. He had responsibility for partnering and auditing technology, information security, and business continuity during those eighteen years. Prior to joining Bank of America, he was a senior consultant of Accenture (Andersen Consulting).

He has served on the IIA International Board of Research Educational Advisors since 1997 and has served on a number of other IIA International Committees including: Advanced Technology Committee and Seminars Committee. He received the 1994 IIA International Audit and Technology award. He is also a frequent ISACA and IIA Conference Speaker. He is on the Dallas Chapter IIA Board of Governors. He holds a BS in BA and MBA from Central Michigan University where he taught accounting and information systems as a graduate student and full time faculty member.

Panel - Auditor Retention
David Gibbs, Student UTD
Askshay Krishnaiah, Student UTD
Karen Twedell, HR Manager - Deloitte
Robert Rubel, Director of Internal Audit for UT Southwestern Medical Center
Lori Miller-Rainwater, Sr. Manager, Deloitte - Moderator

This is open to all – both students and veteran auditors.  Come hear about current trends in auditor retention.