eNews - March 2012

The President’s Letter

Greetings Dallas Chapter of the IIA, we are off to a great year in 2012, and I hope that all of you and your companies are as well.  We are looking forward to an action-packed period in February and March and I wanted to highlight some of those events.

First, we have our SMART Seminar on “Auditing Contracts – Auditing that Pays!”, which will be held at UTD School of Management on February 16th and 17th.  We have a renowned presenter for this seminar, Courtenay Thompson, a recognized authority on providing practical, proven approaches to real problems.

For our March monthly meeting, we will return to CityPlace for our Ethics/Professional Development month.  Our morning meetings will feature Danny M. Goldberg from Sunera, who will present “Practical Ethics” at the Pre-Meeting.  Terry Hartzog and Rene Hernandez from Protiviti will cover “ERP Auditing Concepts for Financial Auditors” during the CAST session.

Our CAE Spotlight will feature Al Bazis, CAE at DART and long-time Dallas IIA Board of Governors member, who will briefly discuss a background of his team, the transportation industry and best practices at his company.

Our featured luncheon speaker will be Dr. Ray Clay, Emeritus Professor of Accounting at the University of North Texas.  Dr. Clay has also been a long-time Board of Governors member for the Dallas Chapter of the IIA and will present “Ethical Considerations for Business Professionals.”  This session will focus on the basic principles of ethics that we all know quite well but oftentimes fail to apply in our personal lives and professional careers.

Our Post-Meeting will feature “Interculturalist” Nancy Ackley Ruth, who will present “TO DIVERSITY and BEYOND: Building Bridges through Cultural Competence”.  We expect this to be a lively session on an important soft skill topic.

Finally, I would like to call your attention to our 7th Annual Fraud Summit, which will be held March 29th and 30th at the UTD School of Management.  March 29th will feature 2 workshops to choose from:  1) The Art of Profiling by our featured keynote speaker Dan Korem and 2) Fraud from 2 Perspectives:  Perpetrator and Investigator by Frederick Bennett from Grant Thornton.  We hit capacity each year on this Summit and we expect this year to be our biggest and best ever.  The online registration deadline is March 1st.

In closing, I would like to thank you for your continued support of the Dallas Chapter and look forward to seeing you at our many exciting events for the remainder of the chapter year.

Sincerely,

Brian Amend
2011/12 President – Dallas IIA
president@dallasiia.org


Thursday, March 1, 2012

Ethics/Professional Development Month

Meeting 12:30pm - 1:30pm
Lunch to start being served at 11:45
Registration begins at 11:30pm

Ethical Considerations for Business Professionals
Dr. Raymond J. Clay, Jr., CPA

Objectives:  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, the 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.

  1. To analyze the significance of behavior in our personal and professional lives.
  2. To identify and discuss ways in which business professionals can achieve and maintain high standards of ethical conduct.
  3. To examine the concepts of ethics and ethical reasoning and demonstrate the impact these concepts have on business professionals and the work they perform.

No prerequisites required

Dr. Raymond J. Clay, Jr., CPA - Emeritus Professor of Accounting at UNTDr. Clay is Emeritus Professor of Accounting at the University of North Texas.  Prior to joining the faculty at North Texas, he spent three years as Director of Professional Development for Union Pacific Corporation. Dr. Clay received his Bachelors and Masters degrees from Northern Illinois University and his Doctorate degree from the University of Kentucky.  He has held faculty positions with Indiana State University and Texas Tech University and spent time on the audit staff of Price Waterhouse & Co. in their Chicago office.

Dr. Clay has held significant committee appointments with the American Accounting Association, American Institute of Certified Public Accountants, and the Institute of Internal Auditors.  He is the author of five books, twelve continuing professional education courses, and numerous articles appearing in professional journals.  Dr. Clay serves as a consultant for several firms and has twice been named the Outstanding Continuing Education Discussion Leader by the AICPA and three times by the Texas Society of CPAs.  He also received the 1999 Leon Radde Educator of the Year Award from the Institute of Internal Auditors, and was named Outstanding Accounting Educator by the Texas Society of CPAs in October 2000.

1 Hour Continuing Professional Education


CAE Spotlight 12:20pm - 12:30pm
Registration begins at 11:30pm

Transportation
Al Bazis, CPA – Director of Internal Audit, DART

Objective:  The objective of this brief presentation is to provide Insight into the best practices, organizational structure and types of audits performed by an Internal Audit department within the transportation industry.

No prerequisites required.

Al Bazis, CPA – Director of Internal Audit, DARTAl Bazis is a CPA and began his career at Arthur Andersen & Co where he was an Audit Manager. He joined Associates First Capital Corp. (acquired by Citi), an $80 billion financial services company, where he was Senior Vice President of Corporate Audit. Associates utilized many best practices in the internal audit department and was an early implementer of control self assessment (CSA) which was used successfully in all phases of audit work. He is currently with Dallas Area Rapid Transit (DART) where he is Director of Internal Audit. DART has adopted a COSO based approach to audits which utilizes a risk /control matrix. Al has served on IIA international committees, has served the Dallas Chapter of the IIA as president and is on the chapter’s Board of Governors. He has served as the Chairman of the University Of North Texas Internal Audit Advisory Board and is on the University of Texas at Dallas Internal Audit Advisory Board.

No Continuing Professional Education credit


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

ERP Auditing Concepts for Financial Auditors
Terry Hartzog, Director, Protiviti
Rene Hernandez, Associate Director, Protiviti

Objectives:  Financial Internal Auditors tend to rely on ERP/IT Audit specialist to audit controls in ERP environments because they may not fully understand the technology or automation of processes.  This tends to lead to ERP audits with an IT risk focus vs. a business process risk focus.  This training will provide Financial Internal Auditors with ERP auditing concepts that will allow them to work with IT Auditors to design ERP audit programs with a focus on business process risks.

  • Understand the type of business process risks that can be mitigated by ERP control automation
  • Learn key concepts about a four-pronged approach to auditing business process risk in an ERP environment that includes assessing:
    • Preventive Security/SOD Controls
    • Preventive Process Configurable Controls
    • IT General Controls
    • Detective Data/Transaction Analysis
No prerequisites required

Terry Hartzog, Founding Memberr & Director - ProtivitiTerry Hartzog is founding member and current Director with Protiviti, Inc., a global consulting firm that helps companies solve problems in finance, technology, operations, governance, risk and internal audit. Terry has provided internal audit and consulting services for over 12 years across a variety of industries and sizes of organizations. Terry's experience encompasses traditional financial and operational internal audit and SOX as well as significant experience in building and enhancing controls and security during the design and implementation phases of major ERP projects including SAP and Oracle. Terry's internal audit experience ranges from providing specific singular audits to serving as the acting Director of Internal Audit for a mid-size company leading the integration of the audit and SOX functions.

Terry is a graduate of Texas A&M University with a degree in Accounting and Information/Operations Management. Terry is a CPA, CIA and current Board of Governor/former President of the Fort Worth IIA chapter. Outside of work, Terry enjoys spending time with his wife and 4 children and promoting all things Aggie.

Rene Hernandez, Associate Director - ProtivitiRene Hernandez is an Associate Director with Protiviti.  He has over 12 years of combined experience related to financial accounting, ERP application control effectiveness, IT auditing/consulting, and Sarbanes-Oxley compliance.  Rene has led multiple ERP optimization projects, focusing on financial controls and operational efficiency for mid-size to large multinational corporations.  He is currently licensed as a CPA, CISA, CITP, CFSA, and CRISC professional.

1 Hour Continuing Professional Education


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

Practical Ethics
Danny M. Goldberg, Partner, Professional Development, Sunera

Objectives:  CPA’s and internal auditors face with complex decisions on a daily basis without realizing many of them are actually ethical dilemmas.  Although values and ethical issues pervade all social studies, this one-hour overview provides attendees with an opportunity to understand these issues in greater depth. This course will provide attendees with a basic understanding of their ethical obligations of auditors, as well as a framework for analyzing and managing complex ethical dilemmas that may arise in practice.

Learning Objectives:

  • Understand the basic definition of ethics, how to apply it and the difference between ethics and morals
  • Learn more about the ethical dilemmas we face in the workplace and how to handle them
  • Learn about four methods to resolve ethical dilemmas

No prerequisites required

Danny M. Goldberg, Partner – Professional Development, SuneraDanny M. Goldberg leads the Professional Development Practice at Sunera.  Prior to joining Sunera in January 2011, Danny founded SOFT GRC, an advisory services and professional development firm.  Danny has over 15 years of audit experience, including five as a CAE/Audit Director at two diverse companies.

Prior to founding SOFT GRC, Danny was the Director of SOX Compliance and Corporate Audit at Dr Pepper Snapple Group, where he led the Year One SOX Compliance efforts.  Prior to his tenure at Dr Pepper, Danny was the Chief Audit Executive and started the internal audit department at Tyler Technologies, a publicly traded technology company.

Danny has served on the board of directors of a non-profit organization and the audit committee of the Dallas Independent School District.  Danny currently serves as the Chairman of the North Texas Leadership Council of the American Lung Association and is the IIA Dallas Company Programs Committee Co-Chairman for the 2011-2012 year. Danny is accredited as the professional commentator on the publication BNA Tax and Accounting Portfolio, Internal Auditing: Fundamental Principles (Accounting Policy and Practice Series), which is authored by renowned audit scholars Curtis C. Verschoor and Mort A. Dittenhofer – co-author of Sawyer’s Internal Auditing.

He has also published numerous articles in trade magazines over the past two years, including:

  • ISACA Journal (General Auditing for the IT Auditor: An Overview, May 2011)
  • The Audit Report (11 Hot Topics for 2011, March 2011)
  • Dallas Business Journal (The Yes Man Phenomenon, January 2011)

Danny is a well-known speaker across the nation at numerous IIA and ISACA sponsored events.  Mr. Goldberg has been recognized as a top speaker at numerous events over the past 6 months, including:

  • “Top Rated” (Excellent/Outstanding) Speaker – 20th Annual American Society for Quality (ASQ) Audit Division Conference (out of 44 presenters)
  • Top 10 Presentation – 2011 IIA Midwest Regional (36 total concurrent sessions, 3.75 overall rating out of 4.0)
  • Top 3 Ranked Speaker – Michigan CPA’s Healthcare Conference 2011 (29 total speakers)
  • Top 3 Ranked Speaker – ArkSarBen IIA 2011 District Conference (24 total sessions)
  • 3.58/4.00 Rating – 2011 ACFE Annual North American Conference

Danny is one of less than 100 speakers worldwide invited to present at the 2012 IIA International Conference.  Danny has also been invited to the 2012 Chicago IIA Annual Conference.

Danny is a Certified Public Accountant, Certified Internal Auditor, Certified Information Systems Auditor, Certified in the Governance of Enterprise Information Technology, Certified in Risk and Information Systems Control, Certified in Risk Management Assurance and has obtained his Certification in Control Self-Assessment.

1 Hour Continuing Professional Education


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

TO DIVERSITY and BEYOND:
Building Bridges through Cultural Competence
Nancy Ackley Ruth, Senior Interculturalist

Objectives:

  • To build a basic understanding of cultural value differences and their impact on your organization.
  • To build your own cultural “gap analysis” between your natural style and that of prominent diverse groups in your workforce.

Presentation Outline

  1. Introduction
    1. Generalizations
    2. Types of culture
    3.  Your cultural puzzle
  2. Understanding Culture
    1. High and Low Context
    2. Communication styles
  3. Some key cultural values
    1. Task vs. Relationship
    2. Equality vs. Hierarchy
    3. Individualism vs. Collectivism
    4. Risk vs. Caution
    5. Harmony vs. Honesty
  4. Looking at some prominent cultures in the US workplace
  5. Your gaps – Your personal take-away, how to minimize gaps in your cultural style to maximize your effectiveness

No prerequisites required

Nancy Ackley Ruth, Senior InterculturalistNancy Ackley Ruth was born and raised in Africa as a child of American parents.  She grew up speaking Arabic and several tribal languages as well as English, having a foot in at least 3 worlds.    This provided the foundation for Nancy’s current passion – building bridges of understanding through developing cultural competence.

Nancy earned an interdisciplinary Master’s degree in counseling and Human Resource Development.  She put this degree to good use, serving such organizations as Lear Siegler, Mervyn’s, MJDesigns, and Boeing as well as several smaller companies in varying HR roles, from generalist to SVP.  In each successive position, Nancy became increasingly aware of the impact of culture on the work force.

One manager even said “don’t hire any more of XYZ ethnic group – they are liars and untrustworthy.”  When asked why he believed that, he responded that they would not look him in the eye (don’t traditional American mothers say to their children “you look me in the eye young lady when I’m speaking to you?”) and they often said “yes” when the accurate answer was “no.” Because of her cultural awareness, she understood the manager was seeing the behavior through an American cultural lens and subsequently developed and facilitated a cultural awareness training for the managers, with observable positive results.

Nancy has worked one-on-one with expats of all levels to build these bridges.  She has also worked with companies with significant interest in the USA, Africa and the Middle East to guide them in the development of strategies for increasing their effectiveness in meeting their initiatives when working with non-Westerners.   In recent years, she has applied this knowledge and her over 30 years of professional HR experience into turning diversity programs into skill building sessions – building cultural competency to support and enhance diversity in today’s culturally diverse workforces.  The programs focus on some subcultures which are typically represented in an intercultural workforce, such as Hispanic, black, Asian, and even generational subcultures.  Custom programs are also available which focus on subcultures represented in a specific workforce.

1 Hour Continuing Professional Education


Meeting Location

Cityplace Conference and Event Center,
2711 North Haskell Street, Dallas, Texas 75204

View Larger Map

Preferred Method:

Place and confirm your reservation via the web site at http://www.dallasiia.org/Reserve_0312.htm.

Contact:
Pamela Krakosky
reservations@dallasiia.org

May 2015 Social Meeting Prices:

  • Dallas IIA Member $55
  • Other IIA Member or Non-member $65

NO WALK-INs will be allowed. Price includes up to 2 CPE and game ticket; there is no prorated price for attending just one of the meeting day sessions.

Reservations & Payment must be received by 5:00 PM on Friday, February 24, 2012.

Seminars

7th Annual Fraud Summit

Thursday & Friday, March 29 & 30, 2012

UTD Jindal School of Management

March 29 Fraud Workshops (pick one):

  • Dan Korem — The Art of Profiling:  Rapid-fire Profiling
  • Frederick Bennett, Grant Thornton, LLP — Fraud from Two Perspectives: Perpetrator
    and Investigator

March 30 Conference

  • Keynote Speaker: Dan Korem
  • Two general sessions
  • Choose from 18 breakout sessions
  • Advanced fraud techniques and case studies

Summit Flyer with details

Register NOW to take advantage of Early Bird rates for the Conference.  The Annual Fraud Summit sells out early every year!  Space is limited!

Chapter News

Research Committee

You are invited to participate in our survey for the 2012 IIA Research Committee. In this survey, members will be asked to complete a set of questions about their industry, experience and opinions on certain matters. It will take approximately ten minutes to complete. Your participation will provide valuable information and insight for the research committee. Your opinion matters. Of course, your participation in this study is completely voluntary. Survey responses will be coded and held strictly confidential, and data from this research will be reported only in the aggregate. 

Individuals who complete the survey within the first five days of receipt and provide valid contact information at the bottom of the survey will have their names placed in a drawing and be eligible to win one of three $25 gift cards. The winner will be announced at the March 2012 IIA luncheon meeting. The final deadline for responding to the survey is February 15, 2012.


Mark Your Calendars for Dallas CPA Society May 4th Conference

The Dallas Chapter of IIA is joining with the Dallas CPA Society, the Dallas Chapters of FEI and TEI and the Tax Sections of the State Bar of Texas and Dallas Bar Association to present the 7th Annual Dallas CPA Society Education Conference on May 4, 2012, at the Hilton Anatole.  This one-day 8-hour conference will provide a selection of 42-courses on cutting-edge topics of current interest to CFOs, Controllers, Internal Auditors, Chief Accountants, Tax Directors, Vice Presidents of Finance and Practicing CPAs. 

The Conference will include a luncheon keynote address by U.S. Senator John Cornyn, member of the U.S. Senate Finance Committee, on "The Prospects of Post-Election Tax Reform."  Other panel participants at the Conference will include members of the Texas House and Senate, officials from the U.S. Securities & Exchange Commission, Internal Revenue Service, Texas Comptroller's Office, Texas Attorney General's Office and national speakers on accounting, auditing, tax, finance and human resource topics. 

Registration and a complete conference brochure will be available starting in late February at http://www.cpadallas.org.  Cost for the conference is $35.00 for IIA members that are also Dallas CPA Society members ($115 for IIA members who are not members of the Dallas CPA Society).  Cost includes lunch.  This conference is expected to sell out so please register early.


IIA Research Foundation

Internal auditing is constantly evolving, bringing with it new challenges, as well as established issues requiring examination from a new perspective.  To support practitioners, The IIA Research Foundation has established 2012 priority research topics and invites researchers to submit proposals on:

To learn more, you can click on the links above or write to research@theiia.org..  All responses to submit proposals are due no later than March 12, 2012.


CIA Programs

Honoring New Dallas Chapter Certifications

Have you recently received a new certification from the IIA?  The Dallas Chapter will honor those receiving their certifications at the March 1, 2012 Chapter Luncheon.  Honorees will be contacted via email on how to register.  Certificates have been mailed by The Institute of Internal Auditors. 

Certification News from the IIA

Looking Ahead: Changes to the Certified Internal Auditor® Program in 2013

Beginning in Jan. 2012, certification candidates will benefit from two major enhancements to the certification testing process. The changes will be implemented as an effort to further streamline the testing process for candidates worldwide.

The first change involves the removal of the tutorial from the certification exams being delivered at Pearson VUE's testing centers. The tutorials are being moved to The IIA's website, www.globaliia.org. This change will enable candidates to take the tutorial in their language of choice, without any time limit. In addition, candidates can complete the tutorial as often as they like. By removing the tutorial from the exams, The IIA enables candidates to familiarize themselves with the computer-based testing (CBT) process prior to sitting for an exam, thus reducing test anxiety and enhancing exam candidates’ confidence.

The second change to the certification testing process is the removal of 10 trial (un-scored) questions per exam. For the CIA exam, for example, this will result in a total of 90 questions per exam. Because only the trial questions are being removed, this change will have no effect on candidates' calculated scores.
Due to the removal of the tutorial and the reduction in test questions, the testing window will be shortened by 30 minutes, reducing the CIA exam testing period from three hours to two hours and 30 minutes.

Enhanced Examination Process for IIA Certification Beginning in 2012

As the result of findings from a Job Analysis Study (JAS) for the CIA program conducted in 2011, the Professional Certifications Board (PCB) and the Board of Directors of The IIA have approved two key changes to the program. The JAS determined that the body of knowledge related to the profession of internal auditing has changed since the last exam content update in 2004, and therefore needs to be adjusted to reflect those changes.

The first change will impact the exam structure, reducing the program from four to three exam parts. With the reduction in parts, The IIA will be eliminating the recognition credit provision previously applicable to Part 4. The final change consists of a realignment of the exam content outline and question count for each part. Below is a brief overview of the new outline:

Part 1 – Internal Auditing Basics
Duration: 2.5 hours
Question Count: 125
Part 2 Exam: Internal Audit Practice
Duration: 2.0 hours
Question Count: 100
Part 3 Exam: Internal Audit Knowledge Elements
Duration: 2.0 hours
Question Count: 100
Topical focus areas include:
IIA Mandatory Guidance
Internal Control and Risk
 Tools and Techniques for Conducting the Audit Engagement
Topical focus areas include:
Managing the Internal Audit Function
Managing Individual Engagements
Fraud Risks and Controls
Topical focus areas include:
Governance
Risk Management
Organizational Structure and Business Processes
Communication
Leadership
IT/Business Continuity
Financial Management
Global Business Environment

The new content and three-part exam structure are scheduled to be implemented by mid-2013. The IIA is currently working to finalize the transition process for those who are currently in the CIA program, and do not complete the program prior to the implementation of the new structure. Additional details related to the transition process will be made available at the beginning of 2012.

For more detailed information on the content outline, or to read our FAQ document, visit www.theiia.org/certification.

2013 CIA Exam Outline

Frequently Asked Questions about the 2013 Changes

IIA’s Certification in Risk Management Assurance™ (CRMA™) Off to a Running Start 

In October 2011, The Institute of Internal Auditors (IIA) began certifying qualified individuals for the Certification in Risk Management Assurance™ (CRMA™) through a “professional experience recognition” process. The IIA has received more than 1,000 applicants for certification through this process and has awarded 279 CRMAs as of Dec. 4, 2011.

This new certification was launched in response to research indicating that internal audit functions are increasingly involved in helping organizations improve their risk management processes. The CRMA designation enables audit practitioners and other risk-focused professionals to demonstrate their ability to provide advice and assurance to audit committees and executive management on the existence and effectiveness of key risk management and governance processes within their organizations. Candidates for the CRMA may submit proof of experience, related certification, and education in order to receive the professional designation now, in lieu of taking the certification exam that will be offered starting in June 2013.

On Jan. 1, 2012, there will be a US $75 increase to the CRMA certification application fee for CIA- and CCSA-certified individuals. For more information about the new CRMA designation, visit www.theiia.org/certification/crma.

Frequently Asked Questions

Q: I haven’t received my certificate yet – where is it?
A: The IIA sends out certificates to a Dallas Chapter representative each quarter.  Those passing the exam between April and June 2011 should be received around July 2011.

If you do not receive your certificate by the above dates, contact the IIA’s certification department: certification@theiia.org, or call +1-407-937-1100.  In many instances, certificates are not received until the experience and education requirements are met.
Q: How do I register for the exam?
A: For more information, please visit the IIA’s website at http://www.theiia.org/certification/.
Q: When is the next CIA Review Course?
A: More details will be forthcoming, but keep checking the Dallas Chapter’s Certifications Website at http://dallasiia.org/Certifications.htm.

Membership Updates

The Dallas IIA Chapter would like to extend a warm welcome to our new members who joined the Chapter in November 2011:

January 2011 New Members

Alphonso Warfield
Andrew Flake
Andrew Rigsby
Aura Dewi
Ben Henderson
Breanna Short
Brian Denbow
Carter Stubbs
Cecilia Prine
Chelsea Garner
Chris Eidd
Conal McArdle

Courtney North
Cristina Stirbu
Fang Liu
Gerard Reyes
Holly Williams
Jackie Lannom
Jaime Gilbert
Jana Waller
Jane Gaul
Jerrica Lewis
Jonathan Subash
Laura Phillips

Michael Hanners
Monico Hinojosa
Naveen Krishnan
Nhan Phan
Qiannan Zhu
Roberta Hendricks
Scott Fowler
Sherri Schauer
Sherronda Abbs-vernet
Susan Foley
William Woodard


2011 – 2012 Membership Participation Drive

Be Rewarded... For attending monthly IIA meetings!

WHO IS ELIGIBLE?
All Dallas IIA chapter members attending chapter meetings during September 2011 - May 2012

HOW DOES IT WORK?
Attend monthly IIA lunch meetings to earn a drawing entry (i.e., one drawing entry per lunch meeting).  Attend more meetings this year for more chances to win the grand prize!

WHAT ARE THE PRIZES?
  • The grand prize winner will receive… a brand new iPad!
  • Four runners-up will receive… a $50 Gift Card!!

Please contact your membership chair’s with any questions! 
Marc Doyle (marc.doyle@protiviti.com) or
Valerie Mitsynskyy (valentina.mitsynskyy@fedex.com)

** Winners will be announced at the May 2012 meeting; you do not need to be present to win.


2011 – 2012 New Member Appreciation Drive

Be Rewarded... For joining the chapter in the 2011 – 2012 year!

WHO IS ELIGIBLE?
All new Dallas IIA chapter members who joined the chapter from May 2011 - April 2012.

WHAT ARE THE PRIZES?
  • The grand prize winner will receive… a $100 Gift Card!
  • Two runners-up will receive… a $50 Gift Card!!

Please contact your membership chair’s with any questions! 
Marc Doyle (marc.doyle@protiviti.com) or
Valerie Mitsynskyy (valentina.mitsynskyy@fedex.com)

** Winners will be announced at the May 2012 meeting; you do not need to be present to win.


Are You Connected?

Connect with the Dallas IIA and colleagues in the profession via social networking pages at the following links: Twitter, LinkedIn, and Facebook. Gain instant access to the latest chapter news and excitement!!

Follow us on LinkedInFollow us on FacebookFollow us on Twitter


How are Dallas IIA Chapter Members Internal Auditing Heroes?

The IIA wants to hear how our chapter members have used the Internal Auditing Framework (IPPF) or any of the position papers, practice advisories, and practice guides from The IIA to become an internal auditing “hero” within their workplace. (Visit the "How Did the IPPF Make You a Hero" article for examples.)

Click here for the “I’m an Internal Auditing Hero Because . . .” form. Please complete and return to headquarters – this will provide CAP points to our chapter AND you may be featured in an upcoming IIA membership article. 
In addition, all entries received by Jan. 31, 2012 will be entered into a drawing for a US $100 IIA Research Foundation gift certificate, and the chapter of the winning entry will receive a complete set of the GTAG series to distribute as a door prize.


IIA Launches New Video-sharing Site

The IIA has launched AuditChannel.tv, a new video-sharing site, addressing the specific needs of internal auditors and the business community. With video channels focused on areas such as fraud, governance, risk, technology, operations, compliance, and more, AuditChannel.tv enables internal audit professionals worldwide to search for and post videos that address the topics of greatest interest to the profession. There’s even an entire channel for chapters!

As an IIA member, you are invited to register as a user at www.AuditChannel.tv or www.AuditChannel.tv/mobile (for mobile devices). Once registered, you can view, rate, and comment on the site's current content — and add your own. Contributing content is easy. Grab your mobile phone or sit in front of your webcam, film a short segment (two to five minutes in length), and post to AuditChannel.tv using the instructions provided on the site.


Collaborative Anti-Fraud Initiative Releases Online Quiz and Opportunity for CPE Credit!

The Center for Audit Quality (CAQ) has partnered with The IIA, Financial Executives International (FEI), and the National Association of Corporate Directors (NACD) for an “Anti-Fraud Initiative,” which endeavors to increase collaboration among members of the financial reporting supply chain. The first to release a collaboration tool is FEI with an online feature article in the November issue of Financial Executive magazine. The article is followed by an online quiz that offers a free CPE credit. After reading the article, be sure to create a profile to receive the free CPE credits. Read the article. There is also an additional fraud literacy quiz you can take to test your knowledge. Click here to begin the quiz. Read the full press release.


COSO Releases Update to Internal Control – Integrated Framework (Framework) for Public Comment

The Committee of Sponsoring Organizations of the Treadway Commission (COSO) has released a draft update to the Framework for public comment. Previously, COSO had engaged PricewaterhouseCooper (PwC) to author changes to the Framework in consideration of the evolving business environment and associated risks since its original publication in 1992. During this process, COSO worked with PwC on the update approaching ways organizations may adapt to increasing complexity and pace of change, mitigate risks to the achievement of objectives, and provide reliable information to support sound decision making. A broad range of professionals from industry as well as representatives and observers from academia, government agencies, and nonprofit organizations have provided a wealth of perspective on how the original Framework can be refreshed. While the Framework retains its core definition of internal control and the five components of a system of internal control, one of the most significant enhancements made is the codification of the original internal control concepts into 17 principles and supporting attributes that further support organizations as they apply judgment in managing risk and improving performance.

The comment period ends March 31, 2012. At which time, the Framework will be revised as necessary. Release of the final Framework is expected by November 2012.

To access the complete Internal Control-Integrated Framework, please visit www.ic.coso.org.

For an overview of the proposed revision, you are invited to attend a webinar hosted jointly by The American Institute of Certified Public Accountants and The IIA. During the Webinar, attendees will hear directly from members of the COSO board and the update taskforce. For more information and to register, click here .


IIA 2011–2012 Chairman of the Board Video: "Assess Our Relevance"

As The IIA’s chief spokesperson and advocate for the internal audit profession worldwide, Denny K. Beran, CIA, CCSA, CRMA, CPA, CFE , chose “Assess Our Relevance” as his 2011–2012 Chairman’s theme. He believes that internal auditors must continue to become more relevant to both their stakeholders and their profession.

As he speaks to The IIA’s constituents and 170,000 members around the globe, he will encourage fellow practitioners to assess their own relevance and to strive to be an indispensable asset to their organizations. You can view the chairman’s message on The IIA web site and download a high-resolution copy for your personal viewing.

 


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, 2012.  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 31, 2012


Employment Opportunities

Federal Reserve Bank of Dallas  (2/13/12)

JOB POSTING NOTICE
Federal Reserve Bank of Dallas

IT Auditor

LOCATION:  Dallas
JOB NUMBER #:  309
DEPARTMENT:  Audit
MINIMUM SALARY:  Market Priced

Primary Responsibilities
This position is responsible for auditing the processes, procedures and controls integrated into applications during development and in production; reporting on the state of compliance with policies, procedures and standards; and establishing and maintaining relationships with business units.  This position will also interact with various levels of management, other Federal Reserve System auditors, and external parties.

Responsibilities include:
  • Develop and execute audit objectives/procedures to assess controls for new or existing IT assets/systems/processes, including developing criteria, reviewing and analyzing evidence; identifying and defining issues; documenting work in compliance with standards; making sound recommendations to enhance controls and efficiency; and reporting on results.
  • Serve as auditor-in-charge of or assist on audit engagements.  As the auditor-in-charge, will direct and review the work of other audit team members to ensure compliance with departmental procedures and the Institute of Internal Auditors International Standards for the Professional Practice of Internal Auditing.
  • Employ Federal Reserve endorsed risk assessment methodologies to gauge risks and drive work plans.
  • Review new and existing standards, regulations, guidance, best practices, policies and customer initiatives to maintain expertise and add business value.
  • Conduct data extraction, analysis, and security reviews utilizing software tools.
  • Interface with all levels of management to assess operations and communicate results.
  • Work with various groups to follow-up on issues until appropriately resolved.
  • Build business relationships and act as an audit subject matter expert in assisting business owners.
Job Requirements
  • Bachelor’s degree in Computer Science, Information Systems, Accounting/Finance, or a related discipline.
  • Experience conducting risk assessments.
  • Experience conducting SDLC reviews.
  • Experience with current legal and regulatory requirements and guidance related to information security (e.g., SOX, FISMA, NIST, NSA, FDCC, ITIL, etc.)
  • Proven ability to work on and lead audit engagement teams, devise and perform complex analyses, and prepare documentation which establishes objectives, issues, options, and recommendations.
  • Strong understanding of system security (Microsoft Windows Server/AD/XP/Vista/7, Linux/UNIX, SQL, Oracle, SharePoint and WebSphere platforms).
  • Strong understanding of IT controls, vulnerabilities, and assessment tools.
  • Excellent interpersonal skills and the ability to work effectively as part of a team.
  • Excellent written and oral communication and presentation skills.
  • Superior organizational and time management skills.
  • CISA, CISSP, MCSE, CPA, CIA or other related professional certification is a plus

Auditor

LOCATION:  Dallas
JOB NUMBER #:  310
DEPARTMENT:  Audit
MINIMUM SALARY:  Market Priced

Primary Responsibilities
This position is responsible for auditing the processes, procedures and controls within various business lines but with an emphasis in Financial Management; reporting on the state of compliance with policies, procedures and standards; and establishing and maintaining relationships with business units.  This position will also interact with various levels of management, other Federal Reserve System auditors, and external parties.

Responsibilities include:
  • Develop and execute audit objectives/procedures to assess controls for new or existing operational areas primarily in the Financial Management business line, including developing criteria, reviewing and analyzing evidence; identifying and defining issues; documenting work in compliance with standards; making sound recommendations to enhance controls and efficiency; and reporting on results.
  • Employ Federal Reserve endorsed risk assessment methodologies to gauge risks and drive work plans.
  • Serve as auditor-in-charge of or assist on audit engagements.  As the auditor-in-charge, will direct and review the work of other audit team members to ensure compliance with departmental procedures and the Institute of Internal Auditors International Standards for the Professional Practice of Internal Auditing.
  • Build business relationships and act as an audit/internal controls subject matter expert in assisting business owners in the Financial Management arena.
  • Review new and existing standards, regulations, guidance, best practices, policies and customer initiatives to maintain expertise and add business value.
  • Conduct data extraction, analysis, and security reviews utilizing software tools.
  • Interact with all levels of management to assess operations and communicate results.
  • Work with various groups to follow-up on issues until appropriately resolved.
Job Requirements
  • Bachelor’s degree in Accounting or a related discipline.
  • Working knowledge of Lawson Financials Software or extensive knowledge of generally accepted accounting principles.
  • Experience conducting operational, financial and IT audits.
  • Experience conducting risk assessments.
  • Working knowledge of Sarbanes-Oxley legislation and associated public accounting standards.
  • Proven ability to work on and lead audit engagement teams, devise and perform complex analyses, and prepare documentation which establishes objectives, issues, options, and recommendations.
  • Strong understanding of financial and operational controls, vulnerabilities, and assessment tools.
  • Excellent interpersonal skills and the ability to work effectively as part of a team.
  • Excellent written and oral communication and presentation skills.
  • Superior organizational and time management skills.
  • Experience with Lawson Financials, PeopleSoft, or ImageNow a plus.
  • CIA, CPA, CISA or other related professional certification is a plus.

Interested Candidates respond to: www.dallasfed.org 



GE Capital  (1/23/12)

1467402- Lead Auditor


GE Capital Internal Audit (GECIA) is an organization that brings together 350+ internal auditors and loan review analysts globally. GECIA is focused on both the regulated and non-regulated entities of GE Capital, and reports into the GE Board of Directors’ Audit Committee.

Interested candidates can apply directly at http://jobs.gecareers.com/job/Lead-Auditor-Job/1543300/ or visit www.gecareers.com and search for job number 1467402.

Role Summary

Responsible for providing an independent assessment of the overall control framework, including the integrity of reporting, regulatory compliance, and operational effectiveness in all functional areas through the performance of internal control audits, including audit planning, coordination, risk assessments; facilitate communication of audit recommendations & control/operational implementations, coordinate with internal/external audit teams in executing their audit plans.

Essential Responsibilities
  • Responsible for performing internal control audits for all functional areas
  • Timely execution of audit plans and compilation of results
  • Communication through written reports and oral presentations of audit opinions and related issues
  • Ensuring that internal control deficiencies are appropriately remediated
  • Can rotationally lead audits, including logistics planning, audit tracking, and audit reporting
Qualifications/Requirements
  • Bachelor’s Degree in finance, business, or related field or equivalent 4 years business experience.
  • Minimum of 2 years’ experience in audit, public accounting, finance, or financial services.
Eligibility Requirements
  • You must apply via COS (internals) or www.gecareers.com  (externals) to be considered for this position
  • Unrestricted work authorization in the United States
  • You must be able to satisfy the requirements of Section 19 of the Federal Deposit Insurance Act.
  • Must be willing to comply with pre-employment screening, including but not limited to drug testing, reference verification, and background check.
  • Must be able to travel up to 40% of the time.
Additional Eligibility Qualifications

GE will only employ those who are legally authorized to work in the United States for this opening. Any offer of employment is conditioned upon the successful completion of a background investigation and drug screen.

Desired Characteristics
  • Professional certification such as CPA, CIA, CISA.
  • Bank regulatory experience
  • Proven ability to direct organizations across multiple locations and operations and work in a matrix-type organization.
  • Excellent analytical/technical skills
  • Ability to facilitate change in processes/systems.
  • Strong written communication and presentation skills.
  • Project oriented self-starter with ability to work independently.
  • Greenbelt
  • ACL Experience

Tenet Healthcare  (1/18/12)

Tenet Healthcare - Sr. Auditor

Job Description

Responsibilities:

Assist department management in identifying, analyzing and managing risks and opportunities, including:

  • Conducting work in the field and in the office to accomplish audit objectives identified during risk analysis.
  • Conducting audit follow-up activities.
  • Communicating results of audit projects to management and operations personnel directly involved with department projects, and as requested, to company senior management and the Audit Committee of the Board of Directors.
  • Documentation and reporting on all audit projects.

Qualifications:

  • Bachelor’s degree in accounting or audit.
  • Minimum two years experience in audit/accounting; healthcare auditing a plus.
  • Professional certification of at least one (CPA, CIA, CISA) required.
  • Excellent interpersonal and communication skills, written and verbal.
  • Familiarity with personal computer operations.
  • Ability to travel 25% - 30%.

All candidates should apply at www.tenethealth.com, Job Number #1005022423


This page was last updated on Thursday, February 19, 2015 at 03:21 AM PST.

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© 1998-2015 Dallas Chapter Institute of Internal Auditors
P. O. Box 261747, Plano, TX 75026-1747


This page was last updated on Thursday, February 19, 2015 at 03:21 AM PST.

For problems or comments concerning this information,
please contact the webmaster@dallasiia.org

© 1998-2015 Dallas Chapter Institute of Internal Auditors
P. O. Box 261747, Plano, TX 75026-1747



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