March 2009

The President’s Letter

Well, I hope the chapter had a great time at the 60th anniversary. Over 300 of you joined in the merriment and the presentations marking this occasion. Thanks to the Anniversary committee, the volunteers covering all the logistics, the great speakers, and the band, Soul to Soul, for making the day and evening a success. The chapter actually turns 60 on February 25th, so keep the Chapter in mind on that day.

As you know, 60 is the new 50, so we feel we have to keep up with the pace we set during our first 60 years. Therefore, we are set to have another solid monthly meeting on Thursday, March 5th at the Plano Centre. We had our first meeting this chapter year at Plano Centre and it was a great success, so we are taking the party up north once again.

This time, we will be focusing on ethics and fraud prevention with our good friends and colleagues at the Association of Certified Fraud Examiners. Dr. Ray Clay of the University of North Texas will speak about the ethical considerations for business professionals. Mark Salamasick and Toni Messer of the University of Texas at Dallas will be discussing audit evidence at the CAST meeting. Stephen Nelder of CBIZ, Inc. Accounting will speak regarding expense statement fraud. Finally, for our post-meeting panel discussion, Mr. Nelder and Dr. Clay will join Yosief Ghirmai, Raytheon Director of Corporate Audit and Larry Worthy, Six Flags Director of Internal Audit, to discuss anti-fraud programs.

The March monthly meeting is not our only chapter event in March. The 2009 Fraud Summit will be on March 27th at the University of Texas at Dallas. Mark Salamasick and team have lined up over 10 speakers and presentations for this annual event. This is a great way to get economical CPE credit and provide support to the Center for Internal Excellence at UTD.

So rest assured, chapter - we are not slowing down now that we have entered our seventh decade. In fact, we are going at a pace that will make those other younger whippersnapper chapters wonder how we do it. We feel we have nominated some credible leaders, who are ready to carry the torch into next year. Please see nominations for the officer and Board of Governor Positions below:

Officer Nominations:

President - Tom Keils, Builders FirstSource
1st Vice President - Marc Winandy, McKesson Corporation
2nd Vice President - Abe Paul, Michaels Store, Inc.
Treasurer - Brian Amend, AC Lordi Consulting
Secretary - Greg Estes, Texas Instruments

Board Nominations:

Al Bazis, Dallas Area Rapid Transit
Ray Clay, University of North Texas
Sherri Durst, 7-Eleven
Dennis McGuffie, Tenet Healthcare
Anna Nicodemus, A.H. Belo Corporation
Lori Rainwater, Southwest Airlines

Thanks,

Jay Blanchard
2008-2009 President - Dallas Chapter IIA

Next Meeting - Thursday, March 5, 2009
Plano Centre

Joint Dallas IIA/ACFE March Meeting

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

Ethical Considerations for the Business Professionals
Dr. Raymond J. Clay, Jr., CPA, Author and University of North Texas Professor

Dr. Clay will lead an interesting and entertaining presentation on a subject rarely considered in the context presented here. This is not a dialogue on behavioral dos and don’ts; rather, this presentation examines the basic principles of ethics that we all know quite well but oftentimes fail to apply in our personal lives and professional careers. As the pressures related to career paths and personal accomplishments mount, we tend to abandon the traits that are basic to success. This presentation is designed to help participants re-identify those traits and allow them the opportunity to reexamine their priorities as they relate to their behavior.

Raymond J. Clay, Jr. currently holds the Internal Audit Professorship in Accounting at the University of North Texas. Prior to joining the faculty at North Texas, he spent three years as the Director of Professional Development for Union Pacific Corporation.

Dr. Clay received his Bachelors and Masters degrees in Accounting from Northern Illinois University and his Doctorate from the University of Kentucky. He has held accounting faculty positions at Indiana State University and Texas Tech University. His public accounting experience was with PricewaterhouseCoopers, in their Chicago Office.

Dr. Clay served as a member of the American Institute of Certified Public Accountants (AICPA) Accounting and Review Services Committee, assisting in the development of Statements on Standards for Accounting and Review Services Nos. 1-6. He has also held significant committee appointments with the American Accounting Association, the Institute of Internal Auditors, and the Texas Society of CPAs. He is currently a member of the Dallas IIA Chapter’s Board of Governors.

Dr. Clay is the author of three books, ten continuing professional education courses, and numerous articles appearing in professional journals. He provides in-house Ethics training for business entities, CPAs, and accounting professionals. Dr. Clay has authored State Board approved Ethics courses in six states, including Texas, that he presents both live and via webcast. He performs consulting services for several firms and has been named Outstanding Continuing Professional Education Discussion Leader by the AICPA and by the Texas Society of Certified Public Accountants (TSCPA). In June 1999, Dr. Clay received the Leon R. Radde Educator of the Year Award from the Institute of Internal Auditors. In October 2000, he was the recipient of the TSCPA Outstanding Educator Award.

1 Hour Continuing Education


Core Audit Skills Track (CAST)
The Dallas IIA is launching an exciting new initiative that will focus on critical skills necessary for all auditors to master and comprehend in order to succeed in the practice of internal auditing.  Subject matter experts will present topics such as: the professional standards, building the audit report, closing conference strategies, audit evidence, etc.  The program will present a new topic every month as a separate track pre-meeting lasting for approximately two years.  Those who attend a majority of the sessions will get special recognition.

CAST Meeting 10:30am - 11:30am
Registration begins at 10:00am

Audit Evidence – Prove it to me!
Toni Messer, Board of Governor, Dallas IIA Director of Audit and Compliance, University of Texas at Dallas
Mark Salamasick, Board of Governor Dallas IIA Director of Center for Internal Auditing, University of Texas Dallas

Toni Messer and Mark Salamasick will facilitate a session of the Core Audit Skills Track by presenting on the best practices in collecting audit evidence. This session will be interactive in nature and cover practical experiences learned from new staff to directors in evaluating and collecting important audit documentation. They will use real life cases with internal audit “actors” that will address common issues and solutions to gathering solid audit evidence.

The presentation will address a number of key areas and the reliability of documentary evidence that is consistent with the IIA Standards, and what every audit group should use. The presentation will include:  Value of different forms of audit evidence  Procedures and illustrative applications of manual and automated audit procedures  Reliability of various documents  Key components of effective interviewing for gathering evidence

Mark Salamasick, CIA, CISA, CSP, is Director of the Center for Internal Auditing Excellence at The University of Texas at Dallas (UTD). The program is one of the five largest internal audit programs worldwide. The program has been in place for six years and has an emphasis on internal auditing, technology, audit software, information security and forensic accounting. He teaches Internal Audit, Information Technology Audit, and Risk Management and Advanced Auditing. He is also an independent audit and risk management consultant and works with Universities in establishing and enhancing internal audit programs. He is currently working on the second edition of the IIA Published internal audit textbook, “Internal Auditing: Assurance and Consulting Services”.

Mark previously worked for Bank of America for over twenty years. During the last two years with Bank of America, he was the Senior Vice President of Internet/Intranet Services. Prior to that, he served as Senior Vice President and Director of Information Technology Audit. He worked within the Internal Audit Group of the bank for eighteen years with experience in technology, financial, and operational auditing. He had responsibility for partnering and auditing technology, information security, and business continuity during that time period. Prior to joining Bank of America, Mark was a Senior Consultant with Andersen Consulting, now Accenture.

Mark has served on the Institute of Internal Auditors (IIA) Board of Research Advisors since 1997 and is currently member of the IIA Research Foundation Board of Trustee’s. He has also served on a number of other IIA International Committees, including the Advanced Technology Committee and Seminars Committee. He received the 1994 IIA International Audit and Technology award. In 2005, he received the Leon R. Radde Educator of the Year Award from the IIA. He is a frequent conference speaker on emerging technology issues and internal audit practices. He is on the Dallas Chapter IIA Board of Governors and the co-chair of the Certification Programs Committee. Mark holds a BS in Business Administration and MBA from Central Michigan University, where he taught accounting and information systems as a graduate student and as a full time faculty member.

Toni Messer, CPA, CIA, is Director of Audit and Compliance at The University of Texas at Dallas (UTD). Prior to that, Ms. Messer 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 Chapter of the Institute of Internal Auditors (IIA), currently serving on the Board of Governors and co-chairing the Certification Programs Committee. Toni has worked with the Internal Auditing Education Partnership (IAEP) Program since 2003 by giving presentations to students, mentoring them, and providing them with experience working on actual audits at UTD. She is also a member of the UTD School of Management IAEP Advisory Board.

Toni is the Professional Education Chair and a board member for the Association of College and University Auditors (ACUA). Toni served as the Annual Conference Director for ACUA from 2006 – 2008 and has been actively involved with ACUA since 2003. In addition, she was a board member for the Texas Association of College and University Auditors (TACUA) for five years. Honors include the ACUA Excellence in Service Award and the Dallas Chapter of the IIA Aaron Saylor’s Award for Outstanding Contribution to the Chapter.

1 Hour Continuing Education


Pre-Meeting 10:30am - 11:30am
Registration begins at 10:00am

How to Cheat on Your Expense Statement
Stephen M Nelder, CPA, CFE
Director in the CBIZ, Accounting, Tax & Advisory Services, LLC Anti-Fraud practice

Travel and entertainment fraud is among the most common and toughest varieties of white-collar crimes to detect. It is easy for employees to disguise personal expenses for meals & entertainment or travel expenses as a legitimate business expense. The approval process is often a rubber stamp, and most executives spend less than 30 seconds reviewing the expense report. In reality, travel expense fraud often goes undetected.

According to the Association of Certified Fraud Examiners’ 2008 Report to the Nation on occupational fraud & abuse, 127 of the 959 (13.2%) cases reported were due to fraudulent expense report reimbursement. The median loss for each reported case was $25,000. In this presentation, you will learn many of the common methods used to ‘pad’ travel expense reports and how to detect these schemes when auditing travel and entertainment reimbursements.

Stephen M. Nelder, CPA, CFE is a Director in the CBIZ Accounting, Tax and Advisory Services, LLC Anti-Fraud practice. As a former Senior Manager of a “Big Four” accounting firm’s Fraud & Forensics practice and founding member of an investigative accounting boutique, Steve has specialized in the prevention and detection of white collar fraud. Steve is a Certified Public Accountant and Certified Fraud Examiner.

Throughout Steve’s 25 plus years of combating occupational fraud and abuse, he has assisted his clients recover in excess of $50 million in illicit funds as a result of his thorough and professional investigations. The following is a sample of the types of investigations Mr. Nelder has participated in:

  • Construction Fraud
  • Over-Billing Schemes
  • Warranty Fraud
  • Kickbacks & Bribery
  • Asset Diversions
  • Sales Program Abuse
  • Healthcare Fraud Waste & Abuse
  • Embezzlement
  • Conflicts of Interest/Self Dealing
  • Procurement Fraud
  • Fictitious Vendors
  • Travel & Entertainment Fraud

Many of these investigations were referred to law enforcement, resulting in criminal indictments and eventually prison terms for the perpetrators. On numerous occasions, Steve has had to testify in court on behalf of the client. On one occasion, in a “Memorandum Opinion,” the Judge found Steve’s testimony particularly persuasive, both with regard to his knowledge of the falsification scheme and his calculations of the dollar amounts owed.

1 Hour Continuing Education


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

Panel Discussion: What Do You Want to Know About Anti-Fraud?

The intent of this forum is to provide an easy way for you to get answers to any burning questions you have regarding anti-fraud. Hopefully, each participant will be able to learn something new that can be applied to their company anti-fraud program, or used to establish an anti-fraud program.

If you want to pose a question in advance of the meeting for the panel to consider, please email to moderator Clint McPherson at clint.mcpherson@protiviti.com.

Panelists are as follows:

Stephen M Nelder, CPA, CFE - Director in the CBIZ Accounting, Tax & Advisory Services, LLC Anti-Fraud practice

Picture and Bio information listed above

Dr. Raymond J. Clay, Jr., CPA - Author and University of North Texas Professor

Picture and Bio information listed above

Yosief Ghirmai, Director Corporate Internal Audit, Raytheon Company

Yosief Ghirmai is the Director of the West Region for the Corporate Internal Audit organization of Raytheon Company. Raytheon is a technology leader specializing in defense, homeland security and other government markets throughout the world, with 2006 sales of $20.3 billion.

Yosief has over 18 years of experience in internal and external audit work in the U.S. and International countries performing operational, vendor, environmental, construction, joint interest auditing, fraud examination, financial accounting and reporting, and budgeting and forecasting. He is multilingual, with fluency in English, Italian and Spanish. Yosief has worked for Public Accounting and Corporate Internal Audit organizations at several Fortune 500 Companies, including Alcatel, Arthur Andersen, Repsol / Maxus Energy Corporation, and Lutheran Medical Hospital. His experience crosses many industries and domains, including telecommunications, oil & gas, banking and manufacturing. Yosief has played a significant role in the US and International arena in Asia Pacific, Latin America, Europe, Middle East and Africa. Working for multi cultural companies, he has developed an understanding of how to conduct business and communicate in a variety of cultures. His experience includes directing, managing and performing operational, financial, compliance, due diligence review, Sarbanes-Oxley audits, and special investigations and litigation support in highly complex and sensitive areas.

Yosief holds a Bachelor’s degree in Business Administration, with an accounting emphasis, from Saint Louis University and a MBA from the University of Missouri. Yosief is a member of the Institute of Internal Auditors, the Association of Certified Fraud Examiners, the Council of Petroleum Accountants Societies; Technology & Communication Group, and the National Association of Black Accounts, and is a Six Sigma Specialist.

Larry Worthy, CIA, CISA, CFE, Director of Internal Audit, Six Flags

Larry Worthy, CIA, CISA, CFE is the Director of Internal Audit with Six Flags Theme Parks, where he directs financial, operational and compliance audits in the fast paced family entertainment environment. Additionally, he has oversight responsibilities for Loss Prevention. Previously, he was the Vice President of Internal Audit for Clear Channel Communications, Manager of Internal Audit for the H. E. Butt Grocery Company, and an Operational Auditor with the Air Force Audit Agency for 11 years.

He is a past President of the San Antonio Chapter IIA. He was also a volunteer instructor for the IIA, presenting seminars throughout the nation on various internal auditing topics. Larry earned the Distinguished Faculty Member designation in 1997.

Larry is a frequent speaker at international and national events, including the IIA’s 57th Annual International Conference, IIA’s Internal Auditors in the Government Conference and the IIA’s Best Practices Conference. He is also a frequently requested speaker for various professional organizations and universities in Fort Worth, Dallas and San Antonio.

Larry earned a Bachelor of Science degree in Accounting from Southwestern Oklahoma State University in 1977. He earned the Certified Internal Auditor (CIA) designation in 1989, and the Certified Information Systems Auditor (CISA) and the Certified Fraud Examiner (CFE) designations in 1996.

1 Hour Continuing Education


A reward that you can feel.

Dallas IIA monthly meetings are rewarding in their own right – whether for the great line up of speakers, the CPE credit, to network with colleagues, or to hone your skills with the new CORE Audit Skills Track (CAST), there are plenty of reasons to attend each month. This year, the Membership Committee is sweetening the deal even more: each monthly IIA meeting you attend increases your chance to win an iPod touch that will be awarded during our May meeting.


This meeting is being held at Plano Centre,
2000 E Spring Creek Parkway, Plano, TX 75074

Preferred Method:

Place and confirm your reservation via the web site at http://www.dallasiia.org/Reserve_0309.htm.

Contact:

Lori Cannafax

lcann3@jcpenney.com

Meeting / Luncheon Fees:

Dallas IIA/ACFE Members: $35
Non-Members: $45
Students: $25
Walk-ins/late registrations (members or non): $45

Reservations must be received by 5:00 PM on Friday, February 27, 2009.

Registration Cancellation and No-Show Policy

  • The deadline to cancel your registration is 11:00pm on the Tuesday prior to the luncheon.
  • If you register for an event and do not cancel prior to the deadline, you will be charged for the event. If you did not pre-pay for the event, an invoice will be sent to you. You may alternatively send someone in your place.
  • To cancel your registration, please send an email to CANCEL@dallasiia.org.

 

We Now Accept Credit Cards - Online Only

We accept most major Credit Cards

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 web site.  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 Abe Paul at treasurer@dallasiia.org.

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

Seminars

2009 Fraud Summit

Co-Sponsors:


Dallas Chapter AFCE

March 27, 2009

University of Texas at Dallas, School of Management

8 hours of CPE

Register Online - Last year's Fraud Summit sold out in three weeks in advance.  The last day to register is March 16th, 2009.

Where: UTD School of Management
800 West Campbell Road
Richardson, TX 75080
Campus map is at: www.utdallas.edu/campusmap.html
School of Management – Room 1.118

Parking: Stop at the Information Center as you enter campus to obtain a parking pass. Parking is free.
Attire: Business Casual
Meals: Continental breakfast, executive lunch, and cocktail reception are included in your registration fees.
Cancellation Policy: Cancellations and full refunds will be accepted until February 28, 2009. Substitutions are allowed up to the day of the event. Please send requests for substitutions to Chris Linsteadt at chris.linsteadt@utdallas.edu.

7:00 am to 8:00 am Registration and Continental Breakfast
8:00 am to 8:15 am Welcome
Mark Salamasick, Director of Center for Internal Auditing Excellence
University of Texas at Dallas
8:15 am to 9:30 am Session 1: Eric O’Neil – “Breach” – An Insider’s View and Special Investigative Techniques
9:30 am to 9:45 am Break
9:45 am to 11:15 am Session 2: Solomon Edwards Group Financial System Fraud
11:15 am to 12:45 pm Lunch-Plated Three Course Lunch - Galaxy Rooms
Vendor Exhibits-Atrium
12:45 pm to 2:00 pm Session 3: Conducting Investigations in Today’s Corporate Environment
James Ratley, ACFE International, President
2:00 pm to 2:15 pm Break
2:15 pm to 3:15 pm Concurrent Session 1: Glynn Smith, Blockbuster, Audit Director,-Tentative
Concurrent Session 2: Bob Rubel, UTSW, Case Study of the 4 P’s in Fraud
Concurrent Session 3: Deloitte-Tentative
Concurrent Session 4: Chris Mitchell, KBA, Director,-Tentative
3:15 pm to 3:30 pm Break
3:30 pm to 4:30 pm Concurrent Session 5: E&Y-Tentative
Concurrent Session 6: Audimation Services, Latest Techniques in Using Audit
      Software to Detect Fraud
Concurrent Session 7: Larry Worthy, Six Flags, CAE, Case Studies In Fraud
Concurrent Session 8: Bob Brown, Weaver and Tidwell, Case Study in Receiverships
4:30 pm to 5:00 pm Door Prize Drawings
Conference Wrap-Up
5:00 pm to 7:00 pm Vendor Exhibits
Cocktail Networking Reception

DID YOU KNOW?

Did you know that 100% of the proceeds from this Fraud Conference go to support the internal audit education program at UTD? The Dallas Chapter IIA manages the event, and sends the funds to the Institute of Internal Auditors headquarters in Orlando, Florida, and earmarks the funds to UTD. By doing this, the funds can receive matching by the IIA, thus making your investment in the profession go even further!

Did you know that the Internal Audit Program at UTD is one of only two in the U.S. recognized as a “Center of Excellence” by the Institute of Internal Auditors? The other is Louisiana State University.

Did you know that the program at UTD is the only program worldwide that offers complete graduate courses in Audit Software and Forensic Accounting Investigations? Many schools offer courses in Forensic Accounting, however no other school worldwide offers a course focused solely on Audit Software where IDEA, ACL and other methods are used for data extraction.

Did you know that the CIA and CISA review sessions are held twice a year at UTD and both exams have been held at UTD? Until 2003 JC Penney was the one who had been the location of the review sessions.

Did you know that this is the fourth year that this event has been held, and that the 2006, 2007, and 2008 Summits sold out?

Don’t miss out, Register NOW! through the Online Registration.

If you have any questions, please call or email Chris Linsteadt, Associate Director of Internal Auditing Education Partnership Program at 972-883-5948 or chris.linsteadt@utdallas.edu.

Download this agenda as a MS word document

PRICING: Per Person: Specials:
February 1-March 16th $250 per person Expired
  • Payment is due at the time of registration.
  • Price includes all materials, continental breakfast, refreshment breaks, lunch and cocktail hour.
  • There is a $50 cancellation fee per registrant on cancellations received prior to February 1.  Refunds will not be granted after February 1, 2009, however, substitutions are permitted.
  • Should you need to cancel or change your registration please contact Pamela Krakosky at pkrakosky@verizon.net  no later than noon the day before the meeting.

Proceeds benefit the Endorsed Internal Audit Program at UTD

Please support our Summit Sponsors:

Contact Renee Rasmussen and renee.rasmussen@utdallas.edu with any questions

Chapter News

CIA Programs

Certificates for Those Completing Their Exam Requirements

Members completing their exam requirements during the October – December time frame will be honored at an upcoming meeting, and receive a free lunch and a free lunch for their guest. Registration information for those members being honored will be emailed to them upon receipt of their certificates from the Institute of Internal Auditors.

Above: Patricia Miller congratulates the new CIA’s and CCSA’s at the February IIA meeting!

Members completing their exam requirements during the October – December time frame will be honored at an upcoming meeting. Certificates will be mailed before the meeting, but honorees will receive a free luncheon and a free luncheon for their guest. Information on registration for those members being honored will be emailed to them upon receipt of their certificates from the Institute of Internal Auditors.

Frequently Asked Questions

Q:  I haven’t received my certificate yet – where is it?

A:  Contact the IIA certification department: Email at certification@theiia.org or call 407-937-1100.

Q:  How do I register for the exam?

A: http://www.theiia.org/certification/certified-internal-auditor/certification-candidate-management-systems/

Mark Your Calendars!   2009 CIA Review Course Schedule

The next CIA review course will be held in October 2009 and taught by Dr. Glen Sumners of LSU. Courses will be held at The University of Texas at Dallas. Registration will be announced in July 2009 for the October course.

Dates/Times:
October 2 - Part I 8-5
October 3 - Part II 8-5
October 4 - Part III 8-5
October 5 - Part III 8-12
October 5 - Part IV 1-5


Research Committee Update

The annual Research Committee Survey begins now! Please click the link below to review the directions and begin the survey. Remember, the survey is anonymous, but you need to enter a valid email address after you complete the survey to be entered into a drawing for one of five $50 gift cards to use wherever you like!

Thank you in advance for participating in the Research Committee Survey.

http://IIA-Research-Survey.questionpro.com


http://som.utdallas.edu/iaep
Last Chance!

Many things happen for a reason and we are given a last chance. This could be in a work environment, taking the CIA exam review, or signing up for the Fraud Conference. The Fraud Conference is doing well with advance registration efforts, but still has room for more participants. We anticipate the event selling out by the end of February, so please get your advance registration in quickly. The program is stronger than ever, with many case studies included as well as four afternoon tracks. You will learn the latest in fraud techniques along with what happened to our financial systems.

There are other last chances that we have, but we must act to take advantage of the opportunity. We give many students the opportunity to participate in the local chapter event, and many of them participated this past month. I would like to thank many of you in making the 60th Anniversary along with Academic Relations event a resounding success for students across the Metroplex. There were many last chances to sign up early, and as some of you found out, the event was sold out. This shows the strength of our programs along with support for the chapter. Now more than ever, it is important to network with your fellow internal audit colleagues, as it might be one of those last chances.

We still have time to schedule receptions for corporate visits, which are the best ways for students to get to know you and your company. To schedule a reception, site visit, interview, or peruse resumes, contact Mark Salamasick at 972-883-4729 or mark.salamasick@utdallas.edu. The new student chapter resume database is available for viewing this month, and the interview process has begun. The student chapter website, including the student chapter resumes, can be found at www.utdallas.edu/orgs/iia. Please contact Mark Salamasick for the user id and password necessary to access the resume postings.


 IIA Research Foundation

In December 2007, The IIARF's A Global Summary of the Common Body of Knowledge (CBOK) survey was made available to all members of The Institute of Internal Auditors (IIA) as a free download from The IIA web site. The results of CBOK will drive many critical aspects of the profession and will help define its future and ensure that it remains a valued profession.

Each month, there is an article on a featured research topic in CBOK along with a recommended course of action. The article provides some insight from the data of the featured topic and is something you can reproduce and use as needed. The latest CBOK of the month article, “Raising an Audit Issue Is One Thing —Closing It Out Is Another,” examines CBOK results related to how internal auditors are resolving differences in internal audit plans, reporting findings, and monitoring corrective action. This latest CBOK of the month article can be found at www.theiia.org/research/common-body-of-knowledge/about-cbok/cbok-of-the-month/.


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 February 1. 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 March 15, 2009.

Employment Opportunities

National/International Career Opportunities


University of North Texas  (2/4/09)

Assistant Director, Internal Audit
And
Internal Auditor III

The UNT System Internal Audit Department is actively recruiting for an Assistant Director, Internal Audit and two (2) Internal Auditor III positions.

The Assistant Director position, which is located at the UNT Denton campus, requires a Bachelor's degree in Accounting, Business or related degree and seven years varied and progressively responsible experience in auditing and accounting work; three years supervisory experience and professional certification as a Certified Public Accountant (CPA) or Certified Internal Auditor (CIA) required.

The Internal Auditor III positions, which are located at the UNT HSC in Fort Worth, require Bachelor's degree in Accounting, Business or related subject; four years of auditing experience and professional certification required - Certified Public Accountant (CPA), Certified Internal Auditor (CIA), Certified Fraud Examiner (CFE), or Certified Information Systems Auditor (CISA).   For additional information on these positions and to create an online application, go to https://jobs.unt.edu

UNT is AA/EOE/ADA


United Surgical Partners International  (2/4/09)

Headquartered in Addison, Texas, United Surgical Partners International (“USPI”) is a leader in the ambulatory surgery center and short–stay surgical hospital industry.  Many of our 160+ domestic facilities are jointly owned with not-for-profit healthcare systems. We also operate facilities in London, England.  USPI was founded in February 1998, went public in 2001 and was taken private again in April 2007.

USPI is currently seeking an INTERNAL AUDIT MANAGER, with the following qualifications:
  • Bachelor’s or higher degree in accounting or finance
  • Professional designation/certification (CPA or CIA) required. MBA or CISA a plus.
  • Six plus years work experience in public accounting, internal auditing or combination, with at least three years experience managing audit teams
  • Knowledge of GAAP, financial reporting and financial controls, including Sarbanes-Oxley internal controls assessment and testing experience
  • Information technology auditing and/or Oracle experience a plus
  • Project management exposure
  • Excellent interpersonal skills and ability to build, coach & mentor a high-performing audit team
  • Excellent oral & written communication skills and proven ability to work effectively with various levels of management
  • Strong work ethic, analytical thinking and organization skills
  • Ability to work in a fast paced, detail oriented environment
  • High proficiency in Microsoft Office tools (Excel, Word, PowerPoint and Outlook) & general systems aptitude
  • Ability to travel overnight during the week, almost entirely within the US (approximately 25-35%)

Responsibilities and Expectations

The following description is intended to reflect the major responsibilities of the job, but does not 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.

  • Observe, document and evaluate actual operating procedures.  Identify existing or potential inefficiencies and internal control weaknesses
  • Conduct or oversee all aspects of audits at surgical facilities and the Home Office, including duties such as:
    • Selecting samples and performing detailed test work
    • Developing and reviewing work papers and documentation of audit findings
    • Developing and reviewing appropriate recommendations for solution or improvement of any problems or control deficiencies uncovered
    • Clearly communicating results of audit findings and recommendations for improvement to management through concise and high quality audit reports
  • Monitor implementation status of audit recommendations agreed upon by auditee management
  • Maintain and update audit programs & recommendation repository to insure they are current and relevant
  • Assist in the development and review of continuous auditing procedures and fraud identification procedures
  • Summarize internal control testing for Sarbanes-Oxley purposes and coordinate efforts with external auditors
  • Assist in the preparation of reports and communications for senior management and the Audit Committee
  • Assist in the development of an enterprise risk assessment and the creation of the annual audit plan and schedule
  • Act as Internal Audit representative on various cross-organizational projects
  • Perform special audits or projects as assigned
  • Train & supervise audit staff, reviewing their audit work papers and results
  • Perform normal HR functions for staff including providing input for staff development and training needs.
  • Foster and promote a positive work environment enable staff development, morale and advancement within the department and corporation.

For consideration, please send your resume to smosley@uspi.com
or fax it to 972-692-8099


Ratliff Associates  (1/18/09)

Ratliff Associates, recruiters of Accounting and IT Professionals within the DFW area, is IMMEDIATELY seeking a Financial Auditor for a stable mid-size Dallas distributor offering excellent benefits, reasonable travel and a friendly environment!

General Summary: The Financial Auditor will conduct Financial, SOX and sometimes operations audits. The role will require strong analytical and presentation skills.

Requirements:

  • Bachelors Degree required (Accounting, Finance or Business)
  • 2+ years Financial and 1+ year SOX Audit experience required
  • Certification (CPA, CIA) is a plus but is NOT required
  • Previous experience with field level controls in a large corporate manufacturing and distribution environment preferred • Exposure to COSO guidelines preferred
  • Strong communication skills are required (both written and verbal)
  • Highly Analytical and Organized
  • Excel and Word proficiency
  • Able to travel up to 30 to 35% (all domestic)

Preferred:

  • CIA or CPA certification a plus (NOT required)
  • Distribution or Manufacturing industry experience preferred
  • Excel and Word proficiency

Responsibilities:

  • Conduct Financial Audits relating to all P&L Balance Sheet Accounts, Inventory, etc.
  • Light Operations and Fraud Audits as needed.
  • Continually monitor compliance with the existing system of internal controls and make recommendations for change as appropriate.
  • Prepare written reports and findings summaries
  • Develop positive relationships with all levels of employees based on mutual trust, respect, and a focus on common business objectives.

Compensation: Salary target $55k to $60k negotiable based upon experience level and past earnings history. Plus BONUS! Excellent benefits package. Candidates must be Permanent Residents or US Citizens as no sponsorship will be provided. Qualified candidates please send your confidential resume to connie@ratliffassociates.com.


Southwest Corporate Federal Credit Union  (1/18/09)

Staff Auditor

Brief Position Description:

The Staff Auditor position will provide internal audit support by assisting the Senior Auditor in the overall conduct of audits of assigned organizational and functional activities. Responsibilities will include, but not necessarily be limited to:

  • Conduct, or assist in conducting, reviews of assigned organizational and functional activities.
  • Evaluate the adequacy and effectiveness of the management controls over the activities audited.
  • Determine whether organizational units are performing their planning, accounting, custodial, and/or control activities in compliance with management instructions, applicable regulations and statements of policy and procedures, and in the manner that is consistent with both company objectives and high standards of administrative practice.
  • Plan and execute complete reviews of limited audit assignments, or conduct reviews of portions of extensive audit assignments, in accordance with accepted audit standards.
  • Prepare audit work papers to thoroughly document the results of the audit examination and to provide support for the report of audit findings.
  • Report audit findings and make recommendations for the correction of unsatisfactory conditions, improvements in operations, and reductions in cost.
  • Perform, or assist in the performance of, special reviews at the request of the Board of Directors, Supervisory Committee, or executive management.
  • Maintain effective working relationships with operating management.

The desired candidate will be a self motivated team player that is capable of working independently under the direction of the assigned auditor in charge. Innovation is encouraged in the ongoing pursuit of enhanced service delivery techniques. Prior work experience and/or exposure to information technology course work are also considered to be pluses.

Summary of Qualifications:

The desired candidate will at a minimum possess:

  • A bachelor’s degree in accounting;
  • A good understanding of internal audit processes and related methodologies.
  • Strong interpersonal skills to include the ability to interface effectively with all levels of management and staff personnel.
  • Strong written and verbal communication skills
  • Strong project management and organizational skills.
  • Ability to work with minimal supervision. -Working knowledge of Microsoft Office applications.

For consideration please e-mail resumes to: Employment@swcorp.org


Ensco International  (12/29/08)

Ensco International, a premier global drilling contractor and member of the S&P 500, is currently seeking a Manager – Audit for its corporate headquarters in Dallas, Texas. This newly-created position will be responsible for managing routine and highly complex operational, financial and information system audits, business process control reviews, internal controls, compliance to contracts, and external audit support.

Other responsibilities include, but are not limited to:

  • Conducting comprehensive planning and risk assessments relating to each assignment to ensure that the engagement identifies potential business risks
  • Providing expertise in auditing standards and performance criteria, audit requirements and information technology knowledge
  • Performing critical project management responsibilities for full audit cycle completion including planning, scheduling, coordinating, reviewing and reporting and to ensure all agreed recommendations are subsequently implemented through documented follow-up audit procedures to achieve auditing objectives
  • Developing and presenting complex audit reports using highly effective written communications, including the preparation and review of draft write-ups for the Audit Committee meetings
  • Assisting with the preparation and/or leads component development of the annual audit plan including the identification of high risk areas within the organization and establishing priorities
  • Designing and performing the development, documentation and review of audit work programs
    Participating in whistleblower investigations as appropriate
  • Contributing to the governance process by managing the annual compliance survey to include process development, execution and follow-up

Qualifications include a Bachelor’s degree in Finance, Accounting, Business Administration, Economics or related subjects with a strong emphasis on internal auditing from an accredited college or university, plus eight or more years of related internal, external and/or information systems audit experience. Relevant work experience may be substituted for education. Professional certification (CPA, CIA or CISA) is required. Other required knowledge, skills, and abilities include:

  • Consulting skills in the areas of disclosure controls and procedures, review and documentation, process mapping and process improvement
  • Excellent verbal and written communication skills resulting in effective communications with clients, peers and management
  • Expert level of knowledge of GAAP, COSO, SOX, FCPA and risk assessment principles, practices and trends
  • Experience managing and developing staff in a highly interactive and collaborative team
  • Excellent analytical, organizational and project management skills required including the ability to manage multiple and competing priorities, while maintaining attention to detail
  • Transactional tax, FAS 109 and FIN 48 audit skills and experience preferred
  • Knowledge of IT general controls and related audit experience preferred

Must be willing to travel both domestically and internationally as and when required, in support of job responsibilities

Candidates should apply via the Ensco website at www.enscointernational.com. Ensco is an equal employment opportunity employer.


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