February 2006

Next Meeting - Thursday, February 2 2006
CityPlace Conference Center

Joint Meeting with the Fort Worth IIA

Meeting 12:00pm - 1:20pm
Registration begins at 11:30pm

The Intelligent Real-Time Enterprise

Phil Samson, PricewaterhouseCoopers LLP, Principal

What can I do to meet all my objectives in audit and control in a more efficient and effective way? How do you take your Company’s pulse? We challenge others in our organization to do this very thing. What about us? How do you keep up with information overload? How do you do more with less? Learn about new technology innovations and tools and ways that they can assist you in meeting these goals. Our speaker will be linking observations from the latest PwC Technology Forecast, "The Intelligent Real-Time Enterprise", with potential effect on how Internal Audit departments monitor and assess the organization's controls health.

Phil Samson is a principal in PricewaterhouseCoopers' Systems and Process Assurance practice with over 20 years of IT controls and Internal Audit experience. In his 16 years with PwC, he has established IT Audit functions at a multi-billion dollar outsourcer and one of the largest PC manufacturing companies, led the IT Audit functions at several publicly-held companies, provided co-sourcing IT Audit services to Internal Audit departments, and assisted Internal Audit departments with Sarbanes-Oxley readiness and maintenance. He has worked with a variety of his clients' Internal Audit departments where leading practices in monitoring and assessing controls using technology are an everyday practice.

Prior to joining PwC, Phil spent four years as an IT Auditor at a large Dallas-based retailer where he developed controls monitoring software for their Loss Prevention, Internal Audit and business operations organizations. Phil received his BBA degree in Business Analysis and Research from Texas A&M University. He became a Certified Information Systems Auditor in 1990.

Pre-Meeting 10:30am - 11:30am

Now is your chance to find out what are the latest and greatest techniques in audit software solutions. The panel will discuss issues facing internal audit and how technology can play a role to maximize effectiveness. Panelist will share ideas and approaches that all can use in reducing audit cycles, improving productivity, and reducing compliance costs. Panelist will leave you with tips on developing a strategic role in implementing audit software

Post-Meeting 1:30pm - 2:30pm

Internal and External Creative Co-Sourcing
David Bowman, Director IT & Financial Audits, Textron, Inc.
Carla Cashio, Senior Manager, ERM/Strategic Development, Textron, Inc.
Warren Stoker, Director Compliance, Textron, Inc.

Have you ever been short on resources? Have you ever wondered how you were going to audit a specific area without any expertise on staff? How can I get quick resources for our international jobs? Internal Audit is providing expanded risk and control services over many areas and at times with fewer resources. Our panel will offer up some creative solutions on how they are handling these same issues. The panel will also facilitate discussion from other industry participants on evolving practices.

David Bowman, CPA, CISA, - Textron, Inc. in Fort Worth. David has over 10 years in information systems, financial and audit experience. He was formerly with PwC in their Global Risk Management practice and is currently responsible for the providing IT and financial audit and controls services for a global, $11B multi-industry company. David represents Textron Audit Services on the Textron’s Information Management Council.

Carla Cashio, MBA, CIA, CCSA, - Textron, Inc. in Fort Worth. Carla has over 20 years experience in providing enterprise risk and controls services. She was formerly with Deloitte in their Enterprise Risk Service Practice and is currently responsible for providing global enterprise risk services. Carla has recently designed an Operational Auditing Methodology and CSA Framework for Textron utilizing Textron’s Six Sigma Methodology.

Warren Stoker, MBA, CPA, - Textron, Inc. in Fort Worth. Warren has over 15 years in providing risk and control services. He was formerly with KPMG Peat Marwick in their Assurance Practice and is currently responsible for providing global government compliance services. Warren represents Textron Audit Services as the Government Compliance liaison.

This meeting is being held at CityPlace Conference Center,
2711 North Haskell Street, Dallas, Texas 75204

The DART light rail station at CityPlace serves both the RED and BLUE lines. Check for schedules, routes and fare information at  http://www.dart.org/default.asp

Preferred Method:

The best method to place and confirm your reservation is via the web site at http://www.dallasiia.org/Reserve.htm.

Secondary Method:

An optional method is to use the telephone, fax, or e-mail. However, a $2 phone/fax/e-mail fee will be assessed to each reservation.

Reservations must be received by 5:00 pm on Friday, January 27, 2006 or a $5 late fee will be charged.

We reserve the right to bill for "no-shows."

We Now Accept Credit Cards - Online Only

The IIA Dallas Chapter, in conjunction with PayPal, will now accept payment online for the monthly luncheons. There is no change in the cost to you for the lunch. We accept VISA, MasterCard, Discover, American Express, or eCheck. Note that some corporate-issued cards are not accepted by PayPal. This service is only available online at the time the reservation is made. This can be used to pay for individual or group reservations. Follow the instructions on our website. If you properly cancel a reservation before the meeting, the Chapter will either return the funds to you or reserve you for the next meeting. Any questions, contact Jay Blanchard at 972-917-6963 or jayblanchard@ti.com

After you place your reservation online, you will see the link to pay via PayPal if desired.

Chapter News

Mark your calendars for the following dates!

http://www.theiia.org/?doc_id=27

• March 11-14, 2006 CIA Review Course presented by Dr. Glen Sumners at University of Texas at Dallas.
• March 31, 2006 - Last day to register for May 2006 Exams
• May 17-18, 2006 CIA Exam (and CGAP, CFSA, CCSA exams)
• September 8-11, 2006 CIA Review Course presented by Dr. Glen Sumners at UTD
• September 30, 2006 Last day to register for November 2006 Exams
• November 15-16, 2006 CIA Exam (and CGAP, CFSA, CCSA exams)

Registration information for the review courses offered by the Dallas Chapter will be coming in January 2006. For more information on the CIA and other exams, visit the IIA’s Web site at http://www.theiia.org/index.cfm?doc_id=12.

Whistleblower Survey - Your Responses are Important! Please complete the Whistleblowing Mechanisms Survey by February 15!

The Dallas Chapter is conducting a survey related to whistle blowing programs - the communication channels available for employees to report sensitive matters. For some organizations a dedicated hotline is used that is available 24 hours a day, 7 days a week and operated by a third party. For other organizations, a designated person is available to listen to concerns and offer advice on further actions. We would like to know how your company captures, investigates and monitors employee concerns. The information compiled from this survey will be used to complete the Chapter's annual research project.

This survey seeks to capture the opinions of three sets of individuals - the Internal Auditor, the Responder and the Potential Reporter. Detailed instructions are included in the survey packet.

Your participation is vital to ensuring that a broad base of information is collected and analyzed. Mary Curtis, Associate Professor in the Department of Accounting at the University of North Texas, is facilitating the survey and the overall project. Please contact her at curtism@unt.edu for more information.

IIA Research Foundation

The IT Audit Research Topics Symposium will be held in Houston during The IIA 2006 International Conference. The Symposium will allow scholars, researchers, educators, and practitioners around the world to exchange and discuss potential solutions for significant internal auditing issues. The Research Foundation is inviting interested individuals to share their ideas, thoughts, working and teaching experiences on internal auditing by submitting a paper for the Symposium. This major event brings together globally some of the best in Internal Auditing. The Foundation is looking for individuals who are solving big IT Audit related issues. If you are interested in learning more about submitting a paper, please see the IIA website at www.theiia.org/?doc_id=4737.

Report Your Speaking and Writing

It's time again for the survey to determine which IIA Dallas Chapter members have submitted articles or spoken since January or earlier if not reported. Each speaking engagement on internal auditing that a Dallas Chapter member completes will earn the Chapter 1 credit per CPD hour. Each full article, Roundtable article, Fraud Finding, etc. submitted that meets basic editorial guidelines will earn 5 credits. For each full article published 20 credits are earned. Each internal audit related article published in any other trade or professional journal that is authored by a chapter member is 5 credits.

To report your writing and speaking go to http://dallasiia.org/Speaking.htm and complete the provided form by February 15, 2006. Contact Magdalena Kovats (214-777-0581 or magdalena.kovats@resources-us.com) if you have any questions.

Dallas Chapter Seminars

Ethics Seminar -

Dr. Clay of UNT will present a 4-hour Ethics seminar for Texas CPAs following the March 2, 2006, IIA meeting. The course satisfies the Texas State Board of Public Accountancy's requirements, specifically the Rules of Professional Conduct. $100 Chapter members, $125 Non-members.

Dr. Ray Clay brings IIA members his TSBPA approved four-hour Ethics program. Dr. Clay holds the Internal Audit Professorship in Accounting at the University of North Texas. Dr. Clay has long been recognized for his ability to take mundane CPE topics and present them in an entertaining and informative manner. He has been honored by both the AICPA and the TSCPA for his outstanding work in developing and presenting CPE courses for accounting professionals. Ray’s new four-hour course promises to be as dynamic, upbeat and informative as his previous two-hour and four-hour ethics courses. Dr. Clay is the author of many CPE programs and numerous articles appearing in professional journals.

Almost Free Seminar -

Courtenay Thompson will be presenting the annual Almost Free Seminar in May 2006. More details will be provided next month regarding the date, location and cost of the seminar. However, the following is a course outline to pique your interest!

Increasing Personal and Professional Effectiveness in Today’s World

Today’s world presents challenges related to competition, increasingly complex business transactions, technology, the Internet, globalization, outsourcing, evolving supply chains and personal values. Internal auditors, like others, are asked to do more with less, at the same time many are expecting to have full personal lives. This challenging environment presents opportunities as well as challenges.

This course explores practical approaches individuals can use to accomplish more in their work and in their personal lives. Participants will explore:

• Personal productivity • Role of goals in personal and professional life
• Techniques for mind management and accomplishment
• Specific traps and pitfalls to avoid, professionally and personally
• Encouraging critical thinking for yourself and others
• Evaluation of audit effectiveness
• A fresh look at risks
• Factors contributing to recent scandals…and what to do now • Using technology you already have • Improved communication with management and others

CIA Review Course

The Certified Internal Auditor exam is scheduled for May 17-18, 2006. Deadline to register is March 31, 2006. The Dallas Chapter will once again sponsor an interactive CIA review course to help prepare candidates. This four day course will be taught by Dr. Glenn Sumners, Director of the Center for Internal Auditing at LSU. Comprehensive printed study materials will be provided for the course. Register On-line for this review course by March 3, 2006 to reserve your space and course materials.

The course will be taught from 8:00 AM to 5:00 PM each day, according to the following schedule:

• March 11, 2006 – Part I – Internal Audit Activity’s Role in Governance, Risk, and Control
• March 12, 2006 – Part II – Conducting the Internal Audit Engagement
• March 13, 2006 – Part III – Business Analysis and Information Technology
• March 14, 2006 – Part IV – Business Management Skills

(Please note if you are a CBA, CGAP, CCSA, CISA, CMA, CPA, CTA, CUCE, CRCM or CTCP you are eligible to receive professional recognition credit for Part IV of the CIA Exam.)

Eight hours of continuing professional education (CPE) will be given for each full day session. (Note: This event is not eligible for CPA continuing education credit) The course will be taught at the UTD School of Management (SOM) Room 1.502. A map with directions to UTD can be found at: http://www.utdallas.edu/campusmap.html

If you need hotel arrangements, please see a list of nearby hotels at the following: http://www.utdallas.edu/visitors-index.html

Cost for the course is $150 for each part if you are a Dallas IIA Chapter member, and $175 for each part for non-members and members of other chapters. For students who are members of the IIA, the course will be offered at $30 per part. The cost of the course will include morning and afternoon snacks and beverages. Lunch will be on your own.

Note: You may pay on-line with a credit card for this course. You will be given that opportunity when your online reservation is confirmed.

If you choose not to pay on-line with a credit card, the registration fee must be received by Toni Messer at the address below in order to reserve your place at the course. Checks should be made payable to the Dallas IIA:

Toni Messer
UTD Office of Internal Audits P.O. Box 830688 AD 32
Richardson, TX 75083-0688

Career Opportunities

Are you currently in the job market either voluntarily or involuntarily? Let the Employment Committee help you. Send us your resume and we will include you in our resume database. We receive calls from recruiters and hiring managers for open positions and will forward your resume if there is a match. We get calls for staff to director levels, IT to finance, local to out of town. All inquiries will be handled confidentially. If you have any questions, give us a call or e-mail us. We look forward to helping you.

Fred Herman, Employment Committee Chairman, 972-801-1208, fsjnherman@aol.com.

• ENSCO
• Ericsson
• Safety Kleen (2)
• TCG Solutions (2+)
• United Surgical Partners International

National/International Career Opportunities

• Consider a position with The IIA in Florida. See theiia.org for more details
• Online Career Center from the IIA

ENSCO  (1/10/06)

JOB PROFILE

POSITIONSenior Internal Auditor

PURPOSE

Manages the design and delivery of standardized operational and financial (Sarbanes Oxley Act of 2002 (“SOX”) based) audit work programs.

REPORTING RELATIONSHIPReports to the Director – Internal Audit

ACCOUNTABILITIES

•  • Manages and participates in numerous individual internal audit assignments per year. •
• Ensures mitigation of risk for each audit assignment through comprehensive planning and risk assessment. Ensures detailed work audits are focused on areas assessed as high risk. •
• Ensures all audit reports are issued promptly and report recommendations are clearly presented to and agreed by management. •
• Ensures implementation of all agreed recommendations. •
• Ensures best practice information is shared as appropriate within the Company by staying abreast of internal and external best practices and seeking to introduce those practices to the Company. •
• Manages and participates in the design of new audit work programs and initiatives. •
• Participates in the preparation of the Company’s annual audit plan. •
• Serves as a role model for ENSCO’S values and demonstrates the highest ethical standards. •
• Participates as a team member or team leader on various special projects requiring analytical and risk assessment skills. •
• Supervises project staff by providing project direction, delegation, and overseeing work assignments, and providing day to day guidance.

SKILLS

Knowledge of, and experience with, internal controls as they relate to the Committee of Sponsoring Organizations (COSO Standards). Knowledge of SOX regulations applicable to financial reporting. Knowledge of and experience with leading edge risk assessment methodologies. Skilled with the latest MS Office software including but not limited to Word, Excel, and PowerPoint. Consulting skills in the areas of disclosure controls and procedures, internal control review and documentation, process mapping and process improvement. Skilled in verbal and written communication skills. Work closely with people at all levels of the organization and facilitate the implementation of corrective actions. Maintain knowledge and understanding of current and evolving audit practices, legislation, and regulations. Proven ability with project management would be advantageous. Effectively organize work, provide direction and make decisions. Demonstrate ability to supervise three or more people. Travel up to 30 - 40% of the time to locations throughout the world.

Ericsson  (1/10/06)

Taking You Forward

Ericsson is shaping the future of Mobile and Broadband Internet communications through its continuous technology leadership. Providing innovative solutions in more than 140 countries, Ericsson is helping create the most powerful communications companies in the world.

Group Function Finance, Corporate Audit currently has a position for an Internal Auditor II at its North American headquarters in Plano, TX.

Job Description

• Helps plan scope of assigned audits and prepares audit program. 
• Prepares Engagement Letter, Information Request and other planning documentation. 
• Conducts the audits providing value added results. 
• Makes oral and written presentations to auditee during and at the conclusion of the audit. 
• Prepares formal written audit reports. 
• Prepares audit working papers. 
• Performs other projects as requested.

Requirements

• Bachelor’s degree in Finance, Accounting or Business Administration or equivalent. 
• Professional certification preferred. Spanish language skills preferred. 
• 2-4 years audit experience (including combination of financial, operational, and/or information system audit experience). 
• Familiarity with ERP systems such as SAP/R3 and proficiency in the use of MS Office applications.  Excellent written and oral communication skills. 
• Strong experience in the use of PC software audit tools. 
• Strong analytical abilities. 
• Able to work well with others and individually. 
• Ability to travel (Domestic/International) 
• High integrity and ethics.

Forward resume or request additional information by contacting:

Randy J. Solomon
Director of Internal Audit
6300 Legacy Drive Plano, TX 75024

Randy.Solomon@Ericsson.com
972-583-1636

Safety-Kleen  (1/10/06)

Safety-Kleen has an immediate opening for 2 Internal Auditors in Plano, TX.

This individual reviews the activities and processes of assigned company functions. Reviews controls, processes, and programs to ensure activities are carried out in an efficient, accurate manner. Evaluates and suggests opportunities for improvement.

Key Responsibilities:

• Reviews, tests, and evaluates business process controls.
• Supports Sarbanes Oxley implementation processes. 
• Perform branch audits. 
• Reports findings to operational managers and senior audit management. Evaluates the need and opportunities for improvement and determines appropriate follow-up mechanisms. 
• Provides appropriate level of documentation to support observations, conclusions, and recommendations. Ensure that reports are completed in a timely fashion. 
• Effectively utilizes information technology tools; including PC spreadsheet, word processing, PowerPoint, Microsoft access, and ACL software packages. 
• Plans the engagement by obtaining sufficient knowledge of the business and/or functional process under review. 
• Conducts/organizes exit conferences with management following completion of review. 
• Represents functional area in meetings, makes presentations to management and staff areas as appropriate. 
• Serves as a professional role model for peers and others.

Travel is required for this position

Qualifications:

Education Bachelors Degree

Experience < 7 years

Knowledge/Competencies
Microsoft Office software. ACL software experience. Strong presentation, verbal and written communications skills. Solid finance, accounting, and business operational skills. Self starter. SOX experience and SAP a plus.

• Safety-Kleen would consider an Integrated Auditor for one of the openings. This persons needs operations and IT experience combined and must be knowledgeable enough to understand systems and perform general IT projects. Experience in SAP is essential for this person.

Company Description:

Safety-Kleen is the largest industrial and hazardous waste management company in North America, serving more than 400,000 customers. The Company provides a highly respected brand of quality products and services through our network of operations across the United States and Canada.

www.safety-kleen.com 

Compensation:

We offer competitive compensation and benefits.

To be considered for this position, please email resume and salary requirements to the contact information below.

Cari Henderson
Corporate Recruiter- Safety-Kleen
chenderson@premierssg.com

TCG Solutions  (11/23/05)

TCG Solutions is a professional executive search firm delivering accounting, finance and IT candidates to public and private companies. We are dedicated to giving our clients the personal attention they deserve by delivering high-caliber, results-oriented professionals. With offices in Dallas, Austin and Houston, we seek top talent to provide to our clients regionally.

TCG Solutions is seeking several outstanding professionals at the senior (3-5 years of experience) or the manager (5-8 years of experience) level with a strong Internal Audit background. We have been engaged by multiple clients to assist them in identifying skilled professionals that have had experience in Sarbanes-Oxley and Internal Audit.

Job Duties:

• Developing and performing financial and operational audits to determine the adequacy, accuracy and efficiency of selected company financial reporting operations, processes and internal controls.
• Ensure compliance with Sarbanes-Oxley Act requirements, contractual agreements, regulatory requirements, laws, and company policies and procedures.
• Prepare audit reports and summaries containing recommendations to resolve business issues and improve internal controls. Present audit reports and summaries to senior management and the Audit Committee of the Board of Directors. Discuss deficiencies and provide recommendations for corrective actions.
• Develop and perform general risk assessments. Assist the upper management in updating the annual audit plan as needed.
• Coordinate audit work with other functional areas of the company and with the external auditors to maximize audit coverage using limited resources and to maintain reasonable cost/benefit relationships between the internal and external audit functions.

Requirements:

• 3 plus years of professional work experience and at least 2 years of audit experience
• Degreed in Accounting or Finance.
• CPA, CIA, or MBA preferred
• Ability to work unsupervised on multiple tasks and meeting company deadlines.
• Recent audit experience and/or recent experience and expertise in the evaluation and testing of internal accounting controls and business processes.
• Ability to travel 25%.
• Strong communications skills and ability to interact with all levels of management.
• Big 4 or regional pubic experience is a plus, but not required.

Interested candidates should submit their resume to: ndrucker@controllergroup.com.

United Surgical Partners International  (1/6/06)

Senior Internal Auditor

Job Summary

Under the general guidance of the Director of Internal Audit, the Senior Auditor performs operational, financial and compliance audits in assigned areas and functions to verify that adequate internal controls are in place to minimize risk and exposure to the company.

Qualifications

•  Bachelor's Degree in accounting or other similar field
• CPA or CIA and a minimum of four years in auditing function
• Public accounting experience preferred
• Information technology auditing and Oracle experience a plus
• Significant experience documenting and testing internal controls
• Ability to write reports, business correspondence and procedural manuals
• Ability to effectively present and respond to questions from operational and financial managers

Working Conditions and Physical Requirements

• Position will be based at the corporate headquarters in Dallas, Texas.
• A portion of the job will entail site visits in the US and UK, which requires overnight travel (approximately 30-35%) and frequent exposure to patient care areas of the surgical centers/hospitals.

Responsibilities and Expectations
The following description of the job responsibilities and performance expectations is intended to reflect the major responsibilities of the job, but is not intended to describe the minor duties or other responsibilities as may be assigned from time to time. Reasonable accommodations may be made to perform the essential functions.

• Perform audit reviews both at surgical facilities and the Home Office, including duties such as selecting testing samples, interviewing auditees, testing internal controls, evaluating the efficiency and effectiveness of processes, developing work papers and documentation of audit findings, and identifying causes or contributing factors relating to problems or control weaknesses.
• Observe and evaluate actual operating procedures. Identify existing or potential inefficiencies and internal control weaknesses.
• Train staff auditors to conduct audits of surgical facilities and Home Office processes.
• Supervise staff auditors and review their audit results.  Perform audit follow-ups to previously completed audits.
• Conduct background investigations as necessary. Interview appropriate personnel.  Determine data requirements. Accumulate, verify and analyze available data.
• Draft audit programs as necessary to ensure complete analysis of assigned areas.
• Develop appropriate recommendations for solution or improvement of any problems or control deficiencies uncovered.
• Draft audit reports detailing findings and recommendations. Maintain an audit recommendation repository.
• Lead the exit conference review of findings and recommendations with appropriate management personnel.
• Finalize audit reports for Internal Audit management's review and issuance.
• Monitor implementation status of audit recommendations agreed upon by auditee management, as directed by Director of Internal Audit.
• Organize and compile final work papers for file maintenance and reference.
• Summarize internal control testing for Sarbanes-Oxley purposes.
• Assist in the preparation of reports and communications for the Audit Committee.
• Assist in the development of the annual audit plan and schedule.
• Identify staff development and training needs.

Please apply online at http://www.unitedsurgicalcareers.com/
or fax your resume to (972) 692-5100

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