eNews Update - March 2001

This is the latest edition of eNews for the 2000 - 2001 chapter year. Use the buttons at left to navigate to the major sections of the newsletter.

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This Month: E-Business

Thursday, March 15, 2001

12:00 Lunch Meeting Lakewood I & II

Benefits and Pitfalls of E-Business

Presented by Kelby D. Hagar, President and Founder of

Registration begins at 11:30

At the age of 29, Texas native Kelby Hagar created the concept of GroceryWorks, the first Dallas-based online home fulfillment business initially specializing in high-quality grocery delivery. Mr. Hagar plans to make GroceryWorks the top online grocery service in the country and is helping put Dallas on the map as the “third coast” of the dot com industry.

Mr. Hagar founded GroceryWorks in March 1999. Since then, Mr. Hagar has worked at Internet speed to make his vision a reality. The company’s “web store,” launched in November 1999, currently receives more than 10,000 orders a week in fulfillment centers located in Ft. Worth, TX and Houston, TX.

Mr. Hagar has assembled a top-notch management team, including the appointment of Gary Fernandes, former Vice Chairman of EDS, as Chairman and CEO. Mr. Hagar has grown the company from just two employees in March 1999 to nearly 600 employees to date. He also led the company through its first round of venture capital financing totaling $48.5 million. The infusion of capital enables the company to continue its aggressive growth strategy of national expansion.

In April, GroceryWorks signed a detailed letter of intent with Safeway, Inc. Under the terms of the agreement, the two companies are joining together to provide customers with a complete grocery shopping solution in the markets where Safeway or its affiliates - Randalls, Tom Thumb, Vons, Dominick’s and Carrs - operate.

Before founding GroceryWorks, Mr. Hagar was an attorney with a major Dallas law firm, Gibson, Dunn & Crutcher, LLP, where he served in the firm's corporate section. Mr. Hagar is a C.P.A. and has had management and accounting experience with several small businesses. He received his J.D. at Harvard Law School where he graduated cum laude and his B.B.A. at Angelo State University, where he graduated magna cum laude.

10:30 Pre-meeting Turtle Creek II

THE RISKS AND SECURITY OF E-BUSINESS
Presented by Bill Kobel of 

1:30 Post-meeting Turtle Creek II

E-BUSINESS AND MARKETING
Presented by Alan Klose of

All Meetings are at CityPlace Conference Center, 2711 North Haskell at Central Expressway in Dallas.

Note:  The DART rail station at CityPlace is now open! Check for information and schedules at DART's website: http://www.dart.org/home.htm

Preferred Method

The best method to confirm your reservation is via the website at 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.

Contact

Gina Bailey, TXU
Phone: 214-812-5937
Fax: 214-812-6676
e-mail: gbailey1@txu.com

Meeting / Luncheon Fees:

Members: $25
Non-Members: $30
Students: $15
Walk-ins (members or non) $30
Phone/Fax/E-Mail Fee $2

Reservations must be received by noon on Friday, March 9, 2001 or a $5 late fee will be charged.

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

Remaining Meeting Dates for the 2000-2001 Chapter Year
April 19, 2001
May 15, 2001

The program calendar is now on the web now. Go to http://dallasiia.org/Events.htm for details.

Nominations

The Dallas IIA Chapter Nominating Committee presents the following nominees for Board of Directors with Terms Expiring 2003-2004:

• Joel Aguilar
• Kathryn Barton
• Vickie Lyng
• Toni Messer
• Mark Salamasick
• Richard Hudson
• Al Bazis

The Nominating Committee presents the following nominees for Officers for 2001-2002:

• President - Larry Rex
• First Vice President - David Price
• Second Vice President - Terry Eaton
• Treasurer - Jeff Seutter
• Secretary - Lynn Allsup

The nominations were closed at the Chapter’s February lunch meeting. Elections will be held at the Chapter’s March lunch meeting.

Any questions can be directed to Anna Nicodemus, Nominations Committee.

CIA Review Course
(it's not too late to register)

The Dallas Chapter is sponsoring a review course to help prepare candidates for the May 2001 CIA exam. The review course will be held on March 15 - 18, 2001. For details and registration, please visit the Dallas Chapter web site at  http://dallasiia.org/CIAReview_01.htm

Research Foundation -
Update on Research Projects

The following Research Foundation projects have estimated completion dates during the first half of 2001. Dave Hallo will let us know when they have been published and available for purchase.

• Reengineering the Internal Audit Process
• Independence and Objectivity: The Intricate Responsibility of the Internal Auditor
• An e-Risk Primer Risk
• Assessment by Internal Auditors Using Past Research on Bankruptcy
• A Balanced Scorecard for Internal Auditing
• Trends and Best Practices in Enterprise Risk Management
• Risk Exposures in Employment and Human Resource Management Practices

Networking Happy Hour

The Dallas Chapter IIA along with Dallas Chapter TSCPA's 'Relations With Other Professional Organizations' committee would like to invite you to a joint networking happy hour on March 21 at 6:00pm. This will be a great way to meet and network with other professional organizations in a happy hour atmosphere. The location will be The Double Tree Club located at 8102 LBJ Freeway (Southeast corner of Coit and LBJ). In addition to the Dallas Chapter TSCPA, the following organizations have been asked to attend.

• Dallas Chapter IIA
• Society of Financial Professionals
• National Association of Black Accountants
• Dallas Chapter of Architects

The Dallas Chapter TSCPA's objective is to develop and promote relations between our organization and other financial, legal, local government, and professional organizations. We are very interested in establishing a mutually beneficial relationship with your organization. Let's find out how we can help each other. We hope you will attend.

For further information please call staff liaison Sharon Parmley at the Dallas Chapter TSCPA at 972-960-8311.

New Name Badges Process

Due to overwhelming demand, the name badge process has been revamped. The old name badge process was very time consuming, inefficient, and costly. And it was a manual and totally non-automated system that utilized outdated technology. Thus, the Name Badge Committee has developed a plan for an efficient and cost-effective name badge process.

The first step begins with you. ONLY individuals who pre-register for the lunch meeting will have a pre-printed name badge. This only matters if you would like to be in the drawing for the door prize. Only those members having a pre-printed badge will be entered in the monthly door prize drawing at the end of the luncheon. All others will be provided a white sticky label and a felt tip marker for identification at the meeting.

The information filled out on the registration will be the exact information used to print the name badges. The registration report will be used as a database table. This should cut down on the problems from the past of misspelled names, missing certifications, and incorrect employers. Each Registrant will control the information on their personal name badge.

There will only be one set of name badges. In the past there was some confusion, since there was a set of alphabetical name badges for pre-registrants and a set of alphabetical name badges for members. The name badges will be in alphabetical order (by registrants last name). All others will be provided a sticky label to complete a manual name badge which will be disposed of after the meeting.

To sum it all up, those who pre-register each month, will have a name badge, with the information they choose, and be entered to win the door prize. Those who choose not to pre-register, won’t.

These changes not only represent cost savings, efficiency and technology improvements, other committee’s will benefit from active participation in pre-registering for the monthly meeting, like more accurate planning for the number of people at the luncheon. Also, the accuracy of the information on the badges will be improved and member satisfaction should follow.

Name Badge Committee

Upcoming Seminars

One, Two, FREE! (Almost)

One result of Dallas hosting the IIA International Conference in 1998 is having the resources to offer an almost FREE seminar to all Chapter members. The seminar is scheduled for May 14 and 15, 2001 with the topic of “Best Practices in Value Added Auditing” by James Roth.

(The “almost” part is that there will be a nominal registration fee (see below), lunch will not be included, and it will be B.Y.O.B (Bring Your Own Binder) for the materials.)

Now just offering a “free” seminar to every member would be a little too easy for you. So, there are a couple strings attached to this offer. To be eligible to attend this seminar for “free”, you’ll need to attend at least TWO monthly chapter meetings during the period September through April.

Time is growing short. If you have not attended two IIA meetings, you only have the March and April meetings to qualify for this opportunity.

• $50 for IIA Dallas Chapter Members that have attended at least two monthly meetings from September 2000 to April 2001.
• $250 for Members that have NOT attended two meetings.
• $300 for Non-Members.

The price includes continental breakfast, the lunch on the day of IIA Dallas Chapter May Meeting, and morning and afternoon snacks.

Remember; attend any two monthly meetings to be eligible for this “free” seminar! Mark your calendars now and plan on attending this information packed seminar.   Deadline to sign up is May 9, 2001. See  http://dallasiia.org/May_seminar.htm for seminar details and to register.

The North Texas Chapter of ISACA is pleased to welcome Paul Castillo of CanAudit Inc. to Dallas for a detailed 2-day seminar on The Control and Security of Microsoft's Windows 2000. This seminar is a great value and could not be more timely as many organizations are migrating critical applications onto the Windows 2000 platform. Seating will be limited to ensure the best experience for all attendees, so please sign up today to reserve your seat!

The seminar will take place at CityPlace on March 21-22, 2001. Registration begins at 8:00 AM on Wednesday, March 21, 2001. Class begins at 8:30 AM each day. Cost is $350 for members and $400 for non-members.

You may RSVP online on our website, email to ISACA@eds.com, or call in to 972-605-3578. The deadline to register is Noon, Monday, March 12, 2001. (Please, do not respond directly to this email.)

Check out your website at http://www.isacantx.org for the most current, detailed information concerning chapter events.

Career Opportunities

New Career Opportunities are being posted to the web site. Visit DallasIIA.org/Employ.htm for the latest job postings. Here are this month's opportunities:

LaQuinta Inns

POSITION TITLE:

Vice President/Internal Audit

COMPANY PROFILE:

LaQuinta Inns, Inc. is a growing mid-priced lodging chain currently comprised of 300 limited service inns, staffed by 8,000 employees. Virtually all properties are wholly owned and operated by LaQuinta, Inns,Inc. and recently formed a franchise division for growth opportunities.

LOCATION:

Dallas, Texas (Corporate Offices)

REPORTING RELATIONSHIPS:

Report to the Audit Committee of the Board of Directors. Senior Vice President & Chief Financial Officer (Administratively). Will manager a staff of four (4) auditors and (l) administrative assistant.

ESSENTIAL FUNCTION:

Direct a comprehensive program of internal audits to evaluate the systems of internal accounting and management control to insure operational integrity throughout the company, particularly the field organization. Provide feedback on the effectiveness of policies and procedures pertaining to financial, fiscal, operational and personnel issues. Make recommendations to the Board of Directors on important audit issues after review by the Chief Financial Officer.

EDUCATION AND QUALIFICATIONS:

• Bachelors degree, CPA,MBA a plus.
• Minimum seven(7) plus years of audit experience.

COMPENSATION:

The compensation package for this position will include a competitive base salary, annual incentive bonus and stock options. Auto allowance and benefits including medical, disability, dental, vision, life insurance and 401K plan.

IF INTERESTED CONTACT:

• E-mail to ggoin@laquinta.com
• Fax: 214-492-6539

Please visit www.laquinta.com

DFW Airport has emerged as the air gateway to the world. Our business success is at its highest level in history. As one of North Texas' leading employers, we invite you to join our successful team.

Senior Auditor
$48,616 - $68,062

This position, under the general direction of an audit manager, performs professional-level audit work individually or as part of an audit team. Applicants selected for interviews will be required to demonstrate their writing skills. We offer flexible work options with limited travel and overtime. Minimum Requirements: Bachelor's degree in accounting, finance or related field; three years of professional-level audit experience (CPA, CIA, CMA or CISA certification may be substituted for one year of work experience). Interested candidates should contact Jennifer at (972) 574-4180 or jgray@dfwairport.com.

Please visit www.dfwairport.com

Looking for a career change or companies seeking employees? Let the Dallas IIA Employment Committee help you. Individuals seeking positions can send an updated resume to:

Greg Dubis
JCPenney Company
P.O. Box 10001
Dallas, TX 75301-4321
Phone: (972) 431-5946
Fax: (972) 431-5995
E-mail: gdubis@jcpenney.com

Resumes will be kept on file and forwarded to Companies and Recruiters seeking to fill positions. This service is offered to members at no charge.

Also, any Company desiring to advertise a job opening in the Monthly eNews and on the web site may do so for a small fee. Contact Barry Tillman (barry.tillman@bankofamerica.com) at (214) 209-9810 for more information.

© 2001 Dallas Chapter of the IIA
All Rights Reserved

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