The Dallas Chapter - April 2007 eNews

April 2007

The President’s Letter

Thanks to all of our members, the Dallas Chapter has once again achieved PLATINUM status in the Chapter Achievement Program (CAP). Platinum status means that we have served our members well over the past 10 consecutive years. A "special" thanks to the Chapter's volunteers, officers, and board of governors for putting together an outstanding program for this chapter year and helping contribute to this achievement.

Last month we also held our annual elections. Congratulations to the new officers and board members whose terms begins June 1:

Melinda Lokey – President
Jay Blanchard – 1st Vice President
Tom Keils – 2nd Vice President
Carla Cashio – Treasurer
Marc Winandy – Secretary
Board of Governors:
Joel Aguilar from ACS
Kathryn Barton from Lone Star Technologies
Helen Dickey from Jefferson Wells
Fred Herman from Rent-A-Center
Toni Messer from UTD
Mark Salamasick from UTD IAEP

The IIA is offering seminars in Dallas during the week of April 2. Outstanding topics are planned for the 2 1/2 days and 4 1/2 days seminars. Please take a minute to find and register soon for a seminar at

The link to our annual member survey will be sent out in the near future. I encourage you to take a minute and tell us what you think or volunteer on a committee. Your input is very important to us and helps us plan our next chapter year.

I look forward to another successful meeting. If you have any comments or questions, please feel free to contact me or another officer.


Pamela Krakosky
2006-2007 President - Dallas Chapter IIA

Next Meeting - Thursday, April 5, 2007
Cityplace Conference Center

Internal Audit Research and Partnering

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

Creating Value WITH Customers … Dominance or Death?
Why You can’t Serve Two Masters…

Professor Michael Oliff, Director of Enterprise Transformation 2020
University of Texas at Dallas School of Management

Why do 95 percent of enterprises the world over never reach positions of dominance? What is the difference between a truly sustainable company and one already on the road to decline? Based on 20 years of direct experience and research with dominant enterprises worldwide, Dr. Michael Oliff, the founder of IMD’s Manufacturing 2000 Program in Switzerland and UTD’s Enterprise 2020 Initiative will highlight the three keys to building and sustaining influence in your chosen markets. He will argue that Customer Value Creation is the only sufficient goal of the Corporation…and illustrate how dominant firms today are identifying, estimating, measuring and delivering value with customers globally.

Dr. Michael Oliff joined the faculty in the School of Management (SOM) at UTD in the summer of 2002. He is responsible for developing and directing the five-year global consortium program, Enterprise Transformation 2020, and for graduate and executive teaching in the same area of focus. He was recognized as the SOM Outstanding Teacher in 2005.

Dr. Oliff has worked with Fortune 500 enterprises and their top executive teams for the past 20 years, focusing on corporate dominance – establishing and sustaining it. After earning his PhD in management science from Clemson University he became corporate manager of Operations Research at Milliken & Co. in Spartanburg , S.C. He then joined the faculty at USC’s College of Business in Columbia , S.C. , where he was recognized as the Southern Management Association Ascendant Scholar and received the masters in International Business Program Professor of the Year Award.

As an International Fellow, he joined the faculty at IMD in Lausanne , Switzerland , where he published 30 business cases, executive reports and articles. Dr. Oliff established a five-year global consortium- Manufacturing 2000- that included Sony, Nokia, Nestle, IBM, Accenture, Audi, Johnson & Johnson, Siemens, BP, Exxon and others. The program led to the establishment of a body of methodology and applications known today as Enterprise Transformation. As professor of Operations and Business Strategy, Dr. Oliff was recognized as Distinguished Fellow by the World Productivity Council and as The Leading Authority On Enterprise Transformation by Management Center Europe. He served as IMD’s Director of Research and Development and member of the Management Committee before founding The Phoenix Group S.A. in 1993.

A “scratch” golfer and Keynote Speaker for the PGA Education Summit, Dr. Oliff wrote From Hacker to Hero in Twelve Months – How to Cut Your Handicap in Half in 1999. The book details his 12-month journey from a 36 – 0 handicap and the individual transformation required.

Pre-Meeting 10:30am

IIA Advanced Technology Committee
 Ken Askelson and Steve Hunt

Ken Askelson, CIA, CPA, CITP is the Senior IT Audit Manager for JCPenney in Plano, TX. He supervises the IT Audit staff responsible for auditing and monitoring the activities of the IT infrastructure. Previous positions with JCPenney included Audit Manager, Merchandise Manager and Regional Accounting Coordinator.

Professionally, Ken served on several committees for the American Institute of Certified Public Accountants (AICPA). He currently serves as a commissioner on the AICPA National Accreditation Commission, Vice Chair of the AICPA Privacy Task Force, and on the editorial advisory board for the Journal of Accountancy. Other AICPA committees he served on include the Information Technology (IT) Executive Committee, IT Research Subcommittee, IT Practices Subcommittee, and the Business and Industry Executive Committee. Ken also serves on the Advanced Technology Committee for the Institute of Internal Auditors.

Ken is a Certified Internal Auditor, Certified Information Technology Professional and Certified Public Accountant. He is a member of the AICPA and the Institute of Internal Auditors. He received degrees in marketing and accounting from the University of Northern Iowa.

Post-Meeting 1:30pm

Results of Whistleblower Mechanisms Survey
Mary Curtis, University of North Texas

Mary will present the results of the chapter’s 2006 research project WHISTLEBLOWER MECHANISMS: A Study of the Perceptions of “Users” and “Responders” (which incidentally won 1st place in the National IIA competition!). Input from Chapter members was an integral part of this survey so this will be a great opportunity to hear how other companies in the area are combating fraud!

This project focused on the premise that management and employee frauds are concerns for all organizations and confidential reporting mechanisms, or whistle-blower hotlines, are often proposed as one tool in the organization’s internal control arsenal for dealing with fraud. If communication regarding observed incidents of fraud is to occur, it is vitally important to the organization that these reports be made internally, rather than through external paths. It is only in this way that organizations can meet the challenge of addressing the immediate problem of fraud and correcting the internal controls which allowed the fraud to occur. This gives the entity the ability to report the wrong-doing and associated corrective action to appropriate authorities internally and externally if necessary, rather than suffering the embarrassment and potential legal penalties resulting from learning of the fraud through external channels.

Mary B. Curtis, Ph.D., CPA, CISA has taught accounting and MIS for the last 20 years, the last 9 of these at the University of North Texas. Her professional experience includes MIS and IT audit consulting, preceded by stints as a systems analyst for Cities Service Company and Bank of America, and IT audit manager for Coopers & Lybrand. Mary’s research includes such diverse topics as ethical decision-making and IT auditor expertise.

Mary is also steering the 2007 research project, which is focused on insider trading. She will provide an update on the results to date of this project as well!

Map to CityPlace Conference CenterCityplace Confernce CenterThis meeting is being held at Cityplace Conference Center,
2711 North Haskell Street, Dallas, Texas 75204

                            CityPlace Conference Center

The DART light rail station at Cityplace serves both the RED and BLUE lines. Check for schedules, routes and fare information at

Preferred Method:

The best method to place and confirm your reservation is via the web site at

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.


Paula Whatley
Builders First Source

Meeting / Luncheon Fees:

IIA/ACFE Members: $25
Non-Members: $35
Students: $15
Walk-ins/late registrations (members or non): $35
Phone/E-Mail Fee: $2

Reservations and cancellations must be received by 5:00 pm on Friday, March 30, 2007.

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

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 website. If you properly cancel a reservation before the meeting, the Chapter will either return the funds to you or reserve you for the next meeting. Any questions, contact Tom Keils at 214-880-3560 or

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

Chapter News

Dallas IIA Chapter Social will be held immediately following the May meeting at the Brookhaven Country Club on Thursday, May 3. Tennis, golf and massages will be available along with a happy hour for our members. Please plan to join us!

IIA Research Foundation

Update on the Common Body of Knowledge (CBOK)

CBOK is a comprehensive survey that will capture the state of the internal auditing profession throughout the world including:

  • The knowledge and skills that internal auditors possess
  • The varying skill and organizational levels that practice internal auditing work
  • The actual duties performed by internal auditors
  • The structure of internal audit organizations
  • The types of industries which practice internal audit
  • The regulatory environment of various countries

The results of CBOK will drive many crucial aspects of The IIA for the next 3 years, including: certifications and exams, standards, advocacy, practice advisories, educational programs, educational products, and publications.

The deliverables for this project will include an article in the Internal Auditor magazine and a global research analysis publication. These are expected to be out in the second quarter 2007.

Certification News - CIA Review Course!

The Dallas Chapter is offering a CIA Review Course that will be held on April 20-23, 2007, at the UT Dallas’ School of Management. The instructor will be Dr. Glen Sumners from Louisiana State University. For more details, and to register online, go to  Registration ends April 13, 2007!

Note that eight hours of CPE is offered by the IIA for this course; however, it does not qualify as CPE from the Texas State Board of Public Accountancy for CPAs.

The next review courses will be offered

September 5-8, 2007
March 28-31, 2008
September 5-8, 2008.

May 2007 Exams – Register by March 31!

The exams will be held May 16-17, 2007. For all certification exams, see The IIA’s Website at: The exams will be held at UT Dallas in the School of Management Building.

Congratulations to Newest CIA’s, CCSA’s, CFS’s, and CGAP’s!

By now you should have received your exam results from the November exams. Congratulations to everyone who completed their exam requirements, or just passed parts! A ceremony to honor those who completed their full examination requirements will be held at the May 3rd Dallas Chapter meeting. Details on the ceremony will be e-mailed to those receiving certificates in April. The Dallas Chapter will provide a free registration for award recipients and their guests for the May meeting.

New Computer-based Testing Begins February 2008

The CIA and specialty exams will be administered through the worldwide network of Pearson VUE Testing Centers. Pearson VUE administers 40 million exams a year in 145 countries worldwide in multiple languages. A link to a list of eligible exam sites will be available on the Certification section of The IIA’s Web site beginning September 2007. For more information, visit the IIA's Web site.

Proctors Needed for May Exams!

If you’re interested in being a proctor for the May 2007 exams, held at UTD on May 16-17, 2007, please contact Toni Messer at or 972-883-2693. Due to the overwhelming growth of the CIA and other specialty exams, we need many volunteers to help proctor the exam. To thank you for your service, the IIA will provide you with lunch and CPE credit for your CIA exam. You need not be certified to proctor the exam.

You can volunteer for one, two, three, or four parts! Volunteers are needed as follows:
Wednesday May 16th: 7:45 a.m. – Noon (Part I)
Wednesday May 16th: 12:45 p.m. – 5:00 p.m. (Part II)
Thursday May 17th: 7:45 a.m. – Noon (Part III)
Thursday, May 17th: 12:45 p.m. – 5:00 p.m. (Part IV and specialty exams)

Collaboration with Others
Mark Salamasick, Director of Internal Auditing Education Partnership Program

One of the areas that I feel the IIA does an excellent job is in the area of sharing with others as represented by the motto of, “Progress Through Sharing”. A number of significant events have happened in the local Dallas IIA Chapter during the past few months which truly represent this motto.

The program at UTD partnered with the IIA, ACFE, and ISACA to present a Fraud Summit. This Summit was the first time all three organizations worked together to provide a top notch program while financially supporting internal audit education at UTD. The program was one year in the planning and is now planned to be an annual event. Mark your calendars for March 28, 2008 for the next Fraud Summit.

Another area where the local Academic Relations group provided a number of unique experiences for students was the opportunity to participate in “Speed Interviewing”. An event that went over so well at the chapter level that IIA International will take our lead in trying something similar. Also, during the last two semesters the local ARC provided evaluators to observe students group presentations on case studies of different industry business risk assessment and overview of audit plans. It was a good opportunity for practitioners to see what students had learned on key audit concepts and students to utilize real life presentation skills. We are really looking forward to a number of ideas coming from this group in future years. The internal audit class also continues to perform audits with: UTD Internal Audit, UT Southwestern Medical Center at Dallas, City of Garland and City of Irving. These kinds of projects continue to make internal audit come alive for the students.

IIA International expanded its Academic Relations area this past summer by rolling out a new Internal Auditing Education Partnership program with the new logo shown above. You will be hearing and seeing a lot more about this program in the future. If you haven’t visited the IIA International Academic Relations Web site lately, it has been significantly updated: You can find a wealth of information about promoting internal audit along with the status of the various programs around the globe. If you are unable to attend the IIA International Conference in Amsterdam this year, there is an entire track of Education and Practitioners working together. This effort is new and will be an annual track at the International Conference.

If you are interested in recruiting on campus or assisting the program in any way, please contact Mark Salamasick at 972-883-4729 or We are always looking for additional interesting site tours and always welcome sponsors for our Wednesday receptions. There are a number of students still available for full time and internship opportunities and a Web site is available with student resumes at Contact Mark Salamasick for password access to the resumes.

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 March 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 and complete the provided form by April 15, 2007. Contact Gwen Land if you have any questions.


The Austin IIA Chapter is presenting a Half-day Seminar in Austin, Texas - Jim Ratley, President of the ACFE, is presenting. It's only $100 for members, which is an excellent value (and great opportunity to visit Austin)!

Career Opportunities

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

Fred Herman, Employment Committee Chairman, 972-801-1208,

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Comments, questions, suggestions?
Contact the

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

The following links will take you to our web site,