eNews - April 2011

The President’s Letter

Our theme for April is managing catastrophic risks. We have many examples in recent years of sudden events that impact governments and companies: the BP oil spill, Hurricane Katrina, etc.

This month I witnessed a case study in catastrophic risk management. I was in Tokyo when the record setting 8.9 earthquake struck 250 miles from the capital. I was impressed with the reaction and response in the city. For example, people wore hard hats with their business suits while evacuating office towers; the trains and subways stopped immediately; and the raised expressways in Tokyo were closed for the exclusive use of emergency vehicles. I learned that the Japanese government and companies have been planning for this catastrophic event for over 80 years with construction and by training citizens with annual drills from the time they are children. With the entire city prepared, they implemented their plans when the catastrophe risk became a reality, which minimized the impact.

The damage assessments are still underway and events are still unfolding in the north as I write this letter, but the local news reports that all ports in the country and many manufacturing plants shut down, as well as uncertainty on the status of the nuclear power facilities. This catastrophic event will certainly impact my Tokyo-based parent company and many of your firms with operations, customers and suppliers in the region.

Consider your employer's catastrophic risks over the next few weeks. Do you have facilities in a flood zone, in hurricane or tornado risk areas, or along fault lines? Have you consolidated to a single facility or single source for a key product that could be wiped out by a fire? With this quick pre-work, you will get the most out of the presentations about catastrophic risk management at the April 7th meeting.

Sincerely,
Marc Winandy
2010/11 President – Dallas IIA
president@dallasiia.org

Next Meeting - Thursday, April 7, 2011
Cityplace Conference Center

Managing Catastrophic Risk

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

A Risk-Based Approach to Managing Catastrophes
Suzanne Kupiec, Advisory Partner E&Y

Objectives: The purpose of this session is to:

  • Learn about successful systematic application of risk management practices to managing catastrophes
  • Consider the impact of a prescriptive regulatory framework to catastrophes
  • Black swan learning
  • Preparedness in reacting to catastrophes

Suzie Kupiec is an Advisory Partner with over 20 years of experience in the energy industry, in both corporate and professional services roles. She has provided financial insight and counsel to boards of directors and the highest level of management for most of those years. Before returning to Ernst & Young, Suzie served as Reliant Energy’s Chief Risk & Compliance Officer. She was responsible for the company's enterprise, market and credit risk, commodity and asset-based structuring, retail pricing, business continuity and corporate insurance and compliance. Previously at E&Y, Suzie led the firm's Energy Trading and Risk Management Practice and served as the audit partner on a number of energy companies with significant trading, hedging and/or marketing activities. Suzie has also led or participated in a variety of board level engagements relative to strategy development, litigation support and internal control assessments.

1 Hour Continuing Education


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

Impactful Follow Up: The Key to Internal Audit Success
Valerie Mitsynskyy, Safety-Kleen

Objectives:  As required by the International Standards For The Professional Practice Of Internal Auditing (Performance Standard #2500), internal audit must establish a follow-up process to monitor and ensure that management actions have been effectively implemented or that senior management has accepted the risk of not taking action. That said, there is more to the follow-up process than just adhering to the standards, it is about developing a process that maximizes internal audit's impact within the organization by driving for practical and actionable solutions while helping to facilitate management’s involvement in a solid risk mitigation process. The objectives of this presentation include the following:

  • How to drive for practical and actionable risk mitigation plans
  • How and when to engage management in the risk mitigation process
  • How to identify and address quick fixes and develop long-term solutions
  • Reporting results and evaluating Internal Audit’s impact

Mrs. Mitsynskyy has over nine years experience in the accounting and auditing profession. At Safety-Kleen the focus has been on leading operational, compliance and financial solutions for senior management and the audit committee. Prior to that, she was part of the Advisory practice at KPMG. There she led various internal audit/consulting engagements across multiple industries, reporting results and problem solutions to client management and audit committees, as well as leading Sarbanes-Oxley efforts for various public and private companies. Prior to KPMG she worked in the accounting group at TXU. She graduated from Southern Methodist University with Masters in Accounting, is a CPA, and a member of the AICPA and the Institute of the Internal Auditors.

1 Hour Continuing Education


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

Creating a Risk Management Culture
Ken Huntley, Director Risk Assurance, PwC

Objectives: The purpose of this session is for attendees to learn:

  • Methods for obtaining sponsorship of a risk management culture
  • Techniques to encourage active risk management participation
  • Challenges of implementing a culture focused on risk management

Ken is a Director in PwC's Internal Audit Services practice based out of the Dallas office. He has experience in both traditional and risk consulting as well as internal and external auditing around information technology and business process controls. Ken has worked with multiple clients around providing internal audit services and system implementations assessments specifically in reviewing the controls around those processes to assess the success of the implementations. Ken has worked with global companies throughout his career and has managed large teams and complex engagements. Ken has advised his clients on managing change both as it relates to new systems as well as with business process changes through governance and regulation such as with Sarbanes Oxley. Ken has worked with multiple industries including retail, aerospace and defense, healthcare, construction, and several others.

1 Hour Continuing Education


Expanded Afternoon Session 1:30pm - 5:30pm
Extra Registration Fee for Members: $65

Personal and Professional Ethics
Dr. Raymond J. Clay, Jr., CPA

A lively and thought-provoking course on a subject that is rarely considered in the context presented here. This is much more than a dialogue of the formal rules and regulations that govern members of the accounting profession. This course examines the basic principles of ethics that we all know quite well, but often fail to apply in our personal and professional lives. Ethical behavior involves more than mere knowledge of right and wrong. It also involves the motivation to alter inappropriate behavior. As the pressures related to career advancement and personal accomplishments mount, we tend to abandon the traits that are basic to success. This course is designed to help participants re-identify those traits and reexamine their behavioral priorities.

The course coverage is designed to help participants understand that adherence to the Code of Professional Conduct and the Rules embodied therein is critical to auditors in discharging the responsibilities they have to their employers, to their clients, and most importantly to the public. Dr. Clay’s entertaining approach makes the course enjoyable, informative, and most definitely thought provoking.

NOTE: This course is approved by the TSBPA and qualifies for the Texas CPA Ethics requirement.

The objectives of this course are as follows:

  1. To identify and discuss ways in which auditors can go about achieving and maintaining high standards of ethical conduct.
  2. To examine the concepts of ethics and ethical reasoning and demonstrate the impact these concepts have on auditors and the work they perform.
  3. To present and discuss the core values of the profession -- integrity, objectivity, and independence -- from both an ethical and rules-based point of view.
  4. To emphasize the responsibilities of auditors to maintain and honor the public’s trust.
  5. To clarify and demonstrate the manner in which the Rules of Professional Conduct are intended to be applied by CPAs in a variety of professional situations.
  6. To discuss, through case analysis, the actions to be taken by auditors when faced with ethical dilemmas in their professional careers.

Dr. Clay currently holds the Internal Audit Professorship in Accounting at the University of North Texas and is a member of the Dallas IIA’s Board of Governors. 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.

4 Hours Continuing Education


Online Registration Requirements

Last year, the Dallas Chapter made a change to the CPE process.  After attending an IIA meeting, an online evaluation is distributed via email.  When you click the link to the online evaluation, you can immediately prepare and print your CE certificate for that specific meeting.  We had an overwhelming positive response to this process improvement, and want to keep making improvements such as this to streamline our processes.

The Dallas Chapter now requires payment prior to confirming your registration.  Almost 90% of our attendees already pay through PayPal, so this is not a change for them.  If you need to pay by check, your check must be received prior to the meeting (see details below).  Our goal is to reduce the wait time at the check in tables, improve controls, and ease the reconciliation process on the back end.

As a friendly reminder and to provide clarification for our new members:

  • Registration cutoff is 5:00 pm CST on the Friday before the meeting (unless otherwise noted).
  • Payment must be received by the Friday before the meeting (unless otherwise noted).  Your registration is not confirmed until paid.  We strongly encourage you to pay via PayPal to confirm your registration.  If you are mailing a check, the envelope must be post marked 8 days prior to the meeting (i.e., on Wednesday the week prior to the Thursday meeting) to ensure we receive your payment on time.  If the envelope is not post marked within the required timeframe and is received late, you will be notified by email that a) the meeting is sold out or b) an additional $10 late fee per person will be assessed.  Only registrations paid by PayPal will be accepted on Thursday and Friday prior to the meeting.
  • If you miss the deadline to register and space is available, you can attend the meeting as a walk-in.  Before coming to the meeting, please check the website to see if we are accepting walk-ins since our meetings tend to sell out.
  • The deadline to cancel your registration is 5:00 pm CST on the Friday before the meeting (unless otherwise noted) to receive a refund.  If you do not cancel by the deadline, you may send a substitute in your place after notifying reservations@dallasiia.org.  The substitute will be required to pay an additional $10 if they are not a member of the Dallas Chapter.
  • All walk-ins will need to register at a separate table before the start of the meeting.  The walk-ins will be required to complete an on-site registration form which will include name, company name, address, and email address and can pay with cash or check made payable to the Dallas Chapter of The IIA for the applicable amount.

Registration: Place and confirm your reservation via the web site at http://www.dallasiia.org/Reserve_0411.htm.

We will keep you posted as we continue to make improvements.  If you have any suggestions, please feel free to contact any of the officers of the Dallas Chapter.  Thanks for your cooperation!


Meeting Location:

Cityplace Conference 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_4011.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, April 1, 2011.

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 the Registration Chair at reservations@dallasiia.org.

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

Conferences

When: Thursday, April 21st to Friday, April 22nd
Where: Renaissance- Dallas – Richardson Hotel
900 East Lookout Drive
Richardson, Texas 75082

CPE: 16 hours (8 hours/day)

Cost: 2 Day 1 Day
Member $295 $185
Non-Member $365 $255
Retiree $195 $125

Registration
Online: Go to www.regonline.com/aga_pdc2011 (credit card only)

Mail: Complete the registration form and send check or money order to:
AGA—Dallas Chapter
Attn: April Van Cleef
1999 Bryan Street, Suite 2200
Dallas, Texas 75201
(214) 777-5634 Mail Form

Deadline: Friday April 15th


The 2nd Annual Conference of the Houston IIA will be held on April 18, 2011, at the Reliant
Center. Don’t miss out on this spectacular event! We have keynote speakers from the IIA and a Fortune 500 Company. You will hear session speakers sharing their tools and techniques in an innovative and creative manner. Whether you want to learn the inside track to complex audits, upgrade your IT auditing skills, increase your fraud awareness, improve your leadership success, or enhance your soft skills, look no further. We have something for everyone.

Highlights

  • General Session Address by Richard Chambers, President and CEO of the Institute of Internal Auditors!
  • Luncheon Session by Janet Clark, Executive Vice President and CFO of Marathon Oil Corporation. Janet was also named Forbes One Hundred Most Powerful Women In The World in 2009
  • 8 hours of CPE with 20 break-out sessions.
  • Breakfast, lunch, and a post‐conference networking reception.
  • Vendor booths and an opportunity to network with conference sponsors

All early registrants are eligible to win two First class domestic roundtrip tickets!!!

Schedule

  • Registration is from 7:30 AM – 8:15 AM
  • Training sessions are from 8:15 AM – 4:45 PM
  • Networking reception is from 4:45 PM – 6:00 PM

For Sponsor/Exhibitor Opportunities
Please contact Larry Davis at ldavis@stewart.com for more details.

For Volunteer Opportunities
Please contact Angel Butler at abutler@uhy-us.com for more details.

Registration Information (Flyer)

Registration Fees Early Registration After 15-Mar
Member of Houston IIA $250 $300
Non-member $350 $400
Members who are educators, retirees,
FT students, or unemployed
$75 $100

Dallas IIA Members are considered Non- Members but using the promotion code provided we will receive $50 off of the registration price.

Please sign up for the conference by going to www.houstoniia.org and click the “events” tab on the left tool bar. From there, please click “Register Now for 2nd Annual Conference”. When on the registration form, please enter the promo code “Promo50” for each individual. That will discount the non-member rates by $50 each.


Chapter News

IIA Research Foundation

The IIA Research Foundation has issued two 2010 reports available for free download to IIA members entitled:

Effective Sizing of Internal Audit Departments

Effective Sizing of Internal Audit Activities for Colleges and Universities

How much of an organizations resources should be allocated to the function of internal auditing? Organizations often struggle to know whether the investments they make in resource allocations for internal auditing are appropriate and effective. The purpose of this research is to develop a conceptual model of internal audit effective-sizing.

Not all internal audit functions are the same, nor do they have the same mission within their organization. Therefore, simply comparing the size of one internal audit function with another – even in organizations with similar characteristics and the same relative size – can give misleading indications as to the appropriate size of an internal audit activity.

This study led to development of a conceptual model of internal audit effective-sizing that articulates the key factors that may be tailored to each organization’s unique characteristics, mission, personnel, and quality profile. It examines seven critical factors that determine the size of an internal audit department:

  1. Characteristics of the organization,
  2. Characteristics of the governance structure of the organization,
  3. The mission of the internal audit department as seen by management, the audit committee/Board of Regents, and the internal audit department,
  4. The internal audit value proposition as executed by the internal audit department,
  5. The alignment of internal audit with management and audit committee/ Board of Regents expectations,
  6. Various characteristics of the internal audit department (e.g., staffing), and
  7. Internal audit service quality.

This model will help organizations better allocate their resources and reflect better alignment between management and audit committee/ Board of Regents values for internal audit and the delivery of value added activities.

Included is an interactive tool to assist CAEs in determining the appropriate size for their internal audit function.

IIA members can download the report free of charge from The IIA Web site at http://www.theiia.org/research/research-reports/chronological-listing-research-reports/downloadable-research-reports/?C=2098. For non IIA members the price is $35.


CIA Programs

CIA Review Course

The Spring Review Course, led by Dr. Glen Sumners, will be held April 8-11, 2011 at the UT Dallas School of Management. For registration information on the April course, please see the website at http://dallasiia.org/CIA_Review_S11.htm.

Congratulations to Our New CIA’s, CGAPs, and CCSAs

Dallas Chapter Members completing their examination requirements in October – December of 2010 were honored on at the March 3rd Dallas Chapter Luncheon. Congratulations to the following:

Certified Internal Auditor® (CIA®)
Florence Cazemajou-Flint
Lance Cook
Jamele Medina
Daniel Flamholtz
Rajendran Ramanathan
Anna Kuznetsova
Adam Renken
Stephanie Gray
Robert Rogan
Brenda Holden
Tiffany Clewis
Certification in Control Self-Assessment® (CCSA®)
Maria Panos    
Certified Government Auditing Professional® (CGAP®)
Rendi Meeks Owens Deanna Farish   

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 July and September 2010 should be received by December 2010. Those4 passing the exam between October 2010 and December 2010 should be received by March 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/.

Membership Updates

Spring Membership Challenge

Question: What weighs 1.5 pounds, provides up to 10 hours of web surfing or video watching on 9.7 inch screen?

Answer: An iPad, that’s what! And it can be yours for FREE!

As part of the 2011 Spring Membership drive you can be entered in a drawing to win a free iPad just for participating in the Dallas IIA.  Beginning March 1, 2011, you can earn points by completing the specific activities and earning the corresponding number of points listed below.  In order to be entered in to the drawing for the free iPad you must earn at least 75 points before the May 2011 Dallas IIA meeting.

The winner of the iPad will be announced at the May meeting.

Please contact the Membership Committee at Jason.vonHolstein@protiviti.com with any questions.

Activity Points Earned How to Earn Your Points
Join the Dallas IIA Group on Facebook 5 Membership Committee will track
Follow @thedallasIIA on Twitter 5 Membership Committee will track
Connect with us on Linked In 5 Membership Committee will track
Sign up to be a committee member in 2011-2012 10 Copy Membership Committee on request to join committee (jason.vonholstein@protiviti.com)
Attend a Dallas IIA Monthly Meeting (March or April) 10 Membership Committee will track
Bring a non-member to a Dallas IIA monthly meeting (March or April) 15 Membership Committee will track
Sign up to be a committee chair in 2011-2012  15 Copy Membership Committee on request to chair committee (jason.vonholstein@protiviti.com)
Refer a friend who becomes an IIA Member by May 1, 2011  20 Provide Membership Committee with name of potential member (jason.vonholstein@protiviti.com)
Sign up to speak at a meeting in 2011-2012 by May 1, 2011 20 Copy Membership Committee on request to speak (jason.vonholstein@protiviti.com)
Refer a speaker by May 1, 2011  20 Provide a Membership Committee with the name of the speaker you submitted. (jason.vonholstein@protiviti.com)

New Ways to Network



NEW!! The Dallas IIA Chapter is now on Twitter. Follow us at ... @thedallasIIA

The Dallas IIA launched a Facebook and LinkedIn group. Brought to you by the membership committee, these tools will allow you another avenue to grow your online network, communicate with other Dallas IIA members, and stay on top of current chapter events. LinkedIn is geared to professional networking; Facebook is used for both professional and social networking; and Twitter is geared toward professional and social networking as well as providing up-to-date information to our members.

  • If you already have a profile at either one of these websites, you can join the Dallas IIA group by searching for it. There is also a direct link to each on the chapter Home page.
  • If you don’t have a profile but would like to set one up, visit www.linkedin.com and / or www.facebook.com, www.twitter.com and follow the instructions.
  • If you have questions contact membership@dallasiia.org

As a member of The IIA, you already know the value you receive, and now we’re giving you an incentive to tell your friends and colleagues about it!

With the new, year-round Recruit-a-Colleague membership program from The IIA, the more friends and colleagues you recruit to become members, the more chances you have to win free training and professional development! For complete program details, visit www.theiia.org/Recruit.


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, 2011. 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 April 15, 2011.

2010 - 2011 Seminars

Dallas Chapter Seminar Series

The Dallas Chapter of The IIA is pleased to announce SMART Training Courses for the upcoming year.  Our goal is to provide high quality training at a low cost for our members.  We are continuously planning the next courses so please make sure to check back here often for any updates.

SMART Training Courses
(Seminars on Mastering Audit Real-world Techniques)
COURSE NAME INSTRUCTOR CONFIRMED DATES OR
EST. TIMEFRAME
DFW LOCATION
Advanced Operational Auditing IIA Lead Instructor May 24-25, 2011 JCPenney

We are able to bring these seminars to you for a low cost because IIA-member companies are providing their offices for the training sites.  If your company is interested in hosting a course and receive free registrations, please contact Pamela Krakosky at pkrakosky@verizon.net to find out more details.  And if you would like to recommend a course topic and/or instructor, please contact Pamela.

Operational Auditing - Advanced

Only 10 spots left!

Date: May 24 - 25, 2011 (Tuesday and Wednesday)
Time: 8:30 am – 4:30 pm; check in begins at 8:00 am each day
Location: JCPenney (Details to Follow)
Cost: Early Bird by March 31, 2010: $495
After March 31, 2010: $575

Price includes training materials, continental breakfast, lunch, snacks and beverages.

Payment is due at time of registration. We recommend that you pay through PayPal to confirm your registration.

CPE Credits: 16
Prerequisites: No advance preparation is required
Experience Level: All levels
Objectives:
  • Learn more about the "alphabet-soup" organizations use to achieve objectives - COSO, CoCo, ISO, TQM, BSC, Six Sigma, etc.
  • Practice four specific operational audit tools, focused on risk, efficiency, self-assessment, and process flow analysis
  • Share your own operational audit experience with others, and hear their experiences in return
  • Discuss internal audit leading practices and common observations from external QAR's related to operational audits
  • Discuss the technologies that help enable the audit process - sampling, computer software and continuous monitoring
Experience Level: Auditors with 3+ years experience in Operational Auditing and a good understanding of control frameworks

Auditors in a position in their organizations to discuss the strategy and make decisions related to operational auditing approaches

Overview: Internal auditors routinely evaluate controls and influence organizational units well beyond the financial reporting and compliance worlds. Their experience and systematic, disciplined approach to evaluating controls brings real added value to their organization.

This seminar will help you extend your audit skill set to understand advanced operational control systems that go beyond basic management tools. The operational auditing tools in the course are real-world techniques that can improve the controls in your organization.

Operational auditing is not consulting, but the skill sets of an experienced operational auditor and a consultant are much the same.

This is an advanced operational auditing course, where you are expected to already know basic auditing and control concepts. We expect everyone attending to be able to share specific operational auditing tools their organization's use. For more basic operational auditing topics, you should attend the Operational Auditing- Introduction course before attending this course.

Course Outline:
Management Methodologies
  • Use the COSO framework to evaluate an operational area.
  • Understand the various methodologies organizations use to achieve objectives such as: ISO, Balanced Scorecards, and Six Sigma.
Case Study: Entity-Level Controls
  • Begin performing an operational audit by applying a control framework at the entity level.
Operational Auditing Methodologies
  • Identify some objectives of Performance Audits and steps used.
  • Identify the steps required using the Value Cost Improvement (VCI) tool and practice using these methodologies in an operational audit.
  • Recognize how a Control Self-Assessment (CSA) is used in an operational auditing tool.
  • Recognize how the “Six Questions” approach is used during an operational auditing tool.
  • Identify the steps used in Business Process Analysis.
Enhancing Audit Efficiencies and Effectiveness
  • Identify how technology, experts and consultants, and continuous auditing can improve audit effectiveness.
  • Recognize how Computer Assisted Audit Techniques (CAATs) are used in an operational audit.
Operational Auditing ROI
  • Identify leading practices and findings from external quality assessment reviews.
  • Understand internal audits responsibilities in detecting and investigating fraud.
  • Identify the elements that must be communicated in the final report and how to link components of internal control.
Register: Register at http://dallasiia.org/Seminar_Reserve_052411.htm

Please contact Pamela Krakosky at pkrakosky@verizon.net if you have any questions.

Instructors: Mark Kolman, CIA, CPA, CISA, CFE, is a general audit manager for a government entity. He specializes in fraud detection training for auditors, accountants, and business organizations. His work experience includes private and public accounting, nonprofit and governmental auditing, and audit supervision for large entities within the agricultural, financial services, and utility industries. His background has given him analytical and detection skills relating to defalcation schemes, contractor fraud, embezzlements, kickbacks, and misappropriation of funds and other assets. Mark also teaches college level financial and managerial accounting courses.

While working for a Fortune 500 utility, Mark supervised risk-based audits facilitating fraud detection and prevention, risk mitigation, and corporate and regulatory compliance for the company’s energy, telecommunication, and logistical service subdivisions. He headed development of a corporate wide fraud awareness course for managers and supervisors. He also worked closely with his organization’s legal group, assisting in fraud and ethics investigations.

Mark received his bachelor’s degree from the University of South Florida, as well as a master’s in adult education. He is a member of The IIA, the Association of Certified Fraud Examiners, the Information Systems Audit and Control Association, and the American Institute of Certified Public Accountants. He has designed and presented courses on auditing, fraud, human relations, and public speaking, and has been published in several journals. He is a Distinguished Faculty Member of The IIA’s seminar program.

Deadline: May 15, 2011 is the last day to register.  Payment must be received by this date to confirm your registration.
Cancellation: There is a $50 cancellation fee per registrant on cancellations between May 1 and May 15. Refunds will not be granted after may 15, however, substitutions are permitted by notifying Pamela Krakosky.

Employment Opportunities

AT&T  (3/9/11)

Senior Auditor - Dallas

Don't miss this opportunity to join the company recognized by Fortune magazine as the World's Most Admired Telecommunications Company and ranked #2 on DiversityInc's list of 2009 Top 50 Companies for Diversity.

As the largest communications company in the world, more than 120 million customers count on us every day to deliver the wireless, Internet, data and advertising services that fuel their businesses and connect them to their world. You will find yourself connecting communications and technology with opportunities that will take you to places you never imagined.

Learn more about AT&T's cutting edge opportunities with a wide range of career paths in emerging and ground breaking technologies. We're so much more than just a phone company!

Responsible for conducting and documenting moderate to complex audit projects with direction from Audit Manager. Typically an individual contributor, but may provide functional advice or training to less experienced audit staff, and run smaller audit jobs, but does not have direct reports. Audit responsibilities include the review, analysis, and monitoring of procedures and systems of internal controls within the organization. This group of professionals often works as management consultants in the review of existing systems and procedures, or in the development of new or modified systems and procedures. May also work in a limited role as an extension of the company's independent auditors. Typical responsibilities include: Conducts and documents audit projects. Prepares audit reports. Develops recommendations for improving the procedures being audited. Works on problems of diverse scope where analysis of data requires evaluation of identifiable factors. Exercises judgment within generally defined practices and policies in selecting methods and techniques for obtaining solutions. Uses skills as an experienced professional to work on problems of diverse scope where analysis of data requires evaluation of identifiable factors. Demonstrates good judgment in selecting methods and techniques for obtaining solutions.

Required Job Skills: 3+ years of corporate auditing experience.

Desired Job Skills: Bachelors Degree preferably in Accounting, Finance, Information Technology, or Business. Certification or pursuit of certification; CPA, CIA, CISA

AT&T is an Affirmative Action/Equal Opportunity Employer, and we are committed to hiring a diverse and talented workforce. EOE/AA/M/F/D/V

Please send resume to zc2176@att.com.


Hunt Consolidated Inc.  (2/25/11)

Hunt Consolidated Inc. is a recognized leader in oil and natural gas exploration and production, refining, real estate, power, and investments. For the right candidate we offer an exceptional opportunity in a dynamic, stable company with a family oriented work environment and great people.  We are currently seeking an auditor to join our team.

Responsibilities:
  • Perform operational, compliance, and financial audits
  • Conduct and assist in planning work on assigned audits
  • Verify and analyze information while conducting reviews of organizational and functional activities
  • Evaluate the adequacy and effectiveness of internal controls
  • Report audit findings and make recommendations for improvements
  • Participate in special projects as needed
Requirements:
  • 1-4 years audit experience
  • Audit experience in one or more of the following areas preferred but not required: Oil & Gas, Utilities and Capital Projects
  • Bachelor degree in either Audit, Accounting or Finance
  • CPA or CIA certification and/or Big 4 experience helpful, but not required
  • Experience with Microsoft Office products, SAP/BW and ACL a plus
  • Excellent work ethics and interpersonal skills
  • Spanish language skills a plus
  • Up to 40% travel required, including international locations.

If you are interested in working in a challenging environment for a stable company that offers competitive salary with an excellent comprehensive benefits package please visit our website at www.huntoil.com and select the Career Opportunities link to find the appropriate position. You can "Apply for this Position" or if you are already registered use your email and password and select "Add to my Jobs" to be considered for this opportunity.

For more details visit us at www.huntoil.com, ‘About Hunt Oil.’ Equal Opportunity Employer, M/F/V/D.


Radio Shack  (2/25/11)

Senior Internal Auditor
RadioShack Corporation

THE SHACK IS A NEW IDEA
WE NEED YOUR KNOW-HOW
Careers at The Shack come in many forms. With over 30,000 employees, we rely on a vast team of innovative thinkers to help us continue to grow in the ever-evolving world of consumer electronics. We take pride in our corporate culture, which is built around helping our employees reach their full potential through training and development. We need people who are excited about being presented with new opportunities each day -maybe people like you.

If this sounds like it might be right for you, you could be Shack material. And exactly who we need to help us move from a Fortune 500 company to a Fortune 100 company.

We have an immediate opportunity for a Senior Internal Auditor at our corporate office in downtown Fort Worth, TX.

The primary responsibility of this position is to perform risk based, operational internal audits.  Projects are mainly risk-based, non-recurring audits.  In addition, some financial, compliance and special audits are also performed.  Daily activities will include performing risk analysis, determining audit objectives and scope, developing audit procedures; conducting interviews and performing other detailed audit tests; preparing and reviewing work papers; making oral presentations to communicate audit objectives, observations and recommendations and prepare formal written reports.  On a project basis, the position will lead and supervise the work of project team members.  When conducting audits, this position should utilize current, professional audit techniques, as well as, specialized knowledge to help ensure the effectiveness of each audit.  Duties also include staying current on auditing/accounting trends and pronouncements, as well as, applicable frameworks (i.e. COBIT, COSO, etc.)

Requirements
  • Bachelor’s degree in Finance, Accounting, Information Systems or related field; Master’s degree is a plus
  • CIA or CPA certification or other commensurate certifications, specialized skills or audit experience
  • Minimum of 5 years combined experience in public accounting, internal audit, information systems security, business consulting or related field  (Experience with a Fortune 500 company is a plus)
  • Strong project management, organizational and communication skills (both written and verbal)
  • Ability to present business and technical issues with simplicity and clarity
  • Ability to interact effectively with co-workers and management at all levels
  • Ability to work independently with a professional, inquisitive nature; able to discern business objectives, risks and controls for processes or programs being analyzed
  • Proficient in MS Office

Email your resume and salary requirements to:
recruiter7@radioshack.com

RadioShack Corporation is an equal opportunity employer dedicated to diversity in the workplace.


McKesson  (2/25/11)

Senior Internal Auditor
McKesson Corporate – Carrollton, TX

Empowering healthcare starts with you. At McKesson, whether you work in HR or marketing, finance or public affairs, you're making a difference. You'll spark a chain reaction that results in millions of people getting more from their healthcare.

As the nation's leading healthcare services company, we touch virtually every aspect of healthcare. We empower our customers by delivering vital supplies and solutions. And we empower our employees through a supportive environment where opportunity and responsibility grow. Our exceptional leadership team provides the vision and strategy to advance healthcare, so you can feel confident in our direction and your future. At McKesson, we believe we can empower healthcare. And it all starts with you.

Position Description
  • Conducts internal financial, operational, and compliance audits.
  • Develops formal written reports to communicate audit results to management, and makes recommendations as appropriate.
  • Executes internal audits of established business processes and controls.
  • Audits the financial, operational, and system processes for information accuracy and completeness.
  • Prepares audit plans and understands the specific issues to be evaluated.
Minimum Requirements
  • 4+ years audit or related experience
  • Ability to travel 50%
Education
  • 4-year degree in business or related field or equivalent experience
Certifications/Licensure
  • CPA and CIA preferred
Benefits & Company Statement

We believe you should be rewarded for the important work you do. For that reason, you'll receive a competitive compensation and benefits package when you join our team.

It starts with you. That's a simple sentence but it says a lot. It reminds each one of us that what we do matters. Every single McKesson employee contributes to our mission - whatever your title, whatever your role, you act as a catalyst in a chain of events that helps millions of people all over the globe. By connecting and improving the business of healthcare, we're helping to ensure that millions of patients get the treatment they need. And by choosing a career with McKesson, you'll join a team of passionate people working together to improve lives and advance healthcare.

At McKesson, we believe we can empower healthcare. And it all starts with you.

As an equal opportunity employer, McKesson Corporation unites the talents and contributions of all to advance the power of healthcare.

To learn more about this opportunity, please go to: https://careers.mckesson.com/view.html?JobReq=48009


J-W Energy Company  (2/23/11)

Job Description:  Sr. Internal Auditor

J-W Energy Company is an Energy Development and Energy Services company that specializes in natural gas compression, gathering, exploration and production, well servicing and gas measurement. Our various businesses operate in the states of Texas, Louisiana, Oklahoma, Arkansas, New Mexico, Kansas, Colorado, Utah, Wyoming, California, Montana, Kentucky, West Virginia, Ohio, Pennsylvania and North Dakota.

Summary:
This position, under limited supervision, is responsible for performing internal audits and reviews of both financial as well as operational transactions and procedures. Audit duties include interviewing key personnel, analyzing financial and administrative practices, operational risk assessments, reviewing relevant documentation and providing detailed reporting.

Essential Duties and Responsibilities: may include any or all of the following. Other duties may be assigned.

  • Plan and conduct moderate to complex audit engagements including assessing risks and objectives
  • Identify opportunities for improvement on the operational processes and business cycles audited
  • Support the Company's overall compliance initiatives by evaluating their efficiency, effectiveness and compliance with corporate, state, and federal policies
  • Design audit programs, conduct internal reviews and audits based on accepted audit methodology on the assigned audits
  • Obtain, analyze, and appraise evidential data as a basis for creating an informed, objective opinion on the adequacy and effectiveness of the processes being reviewed
  • Demonstrate proficiency on the activities being audited and determine compliance with established policies and procedures
  • Prepare formal written reports with value-added findings and recommendations
  • Assist with external audit from the year end and interim audits performed by the outside auditors
  • Build and maintain effective working relationships with operations management
  • Coordinate and communicate with appropriate personnel and level of management for each function or activity being reviewed
  • Assist with process reviews and audits on an as needed basis
  • Document and map processes for areas of concern, identify issues and develop corrective action plans
  • Assist lower level Auditors with complex projects and provide technical training

Supervisory Responsibilities:
This job has no supervisory responsibilities.

Qualifications:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education and/or Experience:
Bachelor’s Degree in Accounting/Finance or related discipline and 6+ years of related experience and/or training, or the equivalent combination of education and experience is required.

Computer Skills:

  • Must be proficient with all Microsoft Office applications, databases, e-mail, and web-based applications
  • Highly skilled in the use of various types of financial/accounting software (Enertia) and database systems
Other Skills, Abilities or preferred Qualifications:
  • Must be skilled in analysis, problem solving, decision-making, planning, organizing, meeting deadlines, multi-tasking, attention to detail, and communication
  • Advanced knowledge of finance, accounting, budgeting, internal audit and cost control principles including Generally Accepted Accounting Principles
  • Advanced knowledge of federal and state financial/operational regulations
  • Ability to analyze financial data and prepare financial reports, statements and projections
  • Oil & Gas Industry related experience is a plus
Certificates, Licenses, Registrations:
  • Certified Public Accountant (CPA) or Certified Internal Auditor (CIA) certification or courses towards certification is preferred
  • A Certified Fraud Examiner (CFE) certification in place of the aforementioned certifications is acceptable
Physical Demands:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is frequently required to sit, stand; walk; use hands to finger, handle, or feel; reach with hands and arms and talk or hear. The employee is occasionally required to climb or balance; stoop, kneel, or crouch. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus.

Work Environment:

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Typical office environment. Travel requirements of up to 50% may expose employee to inclement weather conditions.

Job Code: UES320


MedAssets  (2/23/11)

MedAssets (NASDAQ: MDAS) partners with healthcare providers to improve their financial strength by implementing spend management and revenue cycle solutions that help control cost, improve margins and cash flow, increase regulatory compliance, and optimize operational efficiency. MedAssets serves more than 180 health systems, 4,000 hospitals and 75,000 non-acute healthcare providers. For more information, go to www.medassets.com.

Job Title: Jr. IT Auditor

Job Location: Plano, TX

Job Description and Requirements: see below

Essential Duties & Responsibilities:
  • Performs IT and information security risk assessments, audits, and gap analyses (e.g. HIPAA, Security, SAS 70 preparation) with oversight from the Lead Analyst.
  • Performs information system control evaluations and testing related to Sarbanes-Oxley compliance.
  • Gains understanding of the Company’s products and relevant processes in order to assist with identification of risk or compliance concerns and/or to evaluate controls.
  • Assists with the development of IT/Security best practice recommendations based on result of audits/assessments and monitors remediation of deficient controls/weaknesses, as needed.
  • Assists with documentation of standard practices and enterprise-wide requirements for IT/Security.
  • Assists with the administration of enterprise-wide programs such as information retention & disposal and the company’s insurance portfolio.
  • Acts as liaison for external audits of the IT and information security environment.
  • Performs various other duties or special projects as requested based on department objectives.
Internal Responsibilities:
  • Adheres to all company policies and procedures including, but not limited to those identified within the Standards of Business Conduct and the Employee Handbook, as may be amended from time to time. Adheres to all applicable laws and regulations and the company's governance/compliance program.
  • Responsible for reporting violations of the company's policies and procedures, Standards of Business Conduct, governance program, laws and regulations through the company's Help Line or other mechanism that may be available at the time of the violation. Assists with internal control failure remediation efforts.
Minimum Knowledge, Competencies & Qualifications:
  • Undergraduate degree required (Information Systems or Computer Science preferred)
  • Minimum 1-2 years experience as IT auditor or relevant IT experience
  • Professional certification or candidate for certification a plus (e.g. CISA, CISSP, GSNA or similar)
  • Prior Big 4 experience preferred
  • Knowledge of and hands-on experience with SOX, SAS 70 and/or HIPAA audits
  • Strong written and oral communication skills
  • Strong knowledge of Microsoft office suite
  • High level of personal and professional ethics
  • Ability to define issues, collect data, establish facts and draw valid conclusions
  • Ability to understand complex information systems
  • Ability to prioritize multiple tasks and meet deadlines with minimal direct (onsite) supervision
  • Ability to communicate technical information to non-technical audiences at all levels of the organization
Travel: 15-30%

If interested, please send your resume to:

Stephen Gillem

stephen.gillem@broadlane.com

972-813-76866

MedAssets is an Equal Opportunity Employer and ensures its employment decisions comply with principles embodied in Title VII, the Age Discrimination in Employment Act, the Rehabilitation Act of 1973, the Vietnam Veterans Readjustment Assistance Act of 1974, Executive Order 11246, Revised Order Number 4, and applicable state regulations.


Neiman Marcus  (2/15/11)

Neiman Marcus Stores are located in the most affluent markets in the United States with a presence in Florida, California and Texas. From the finest designer and luxury merchandise for men and women to precious jewelry, beauty and home decor, we offer our customers an impeccable and irresistible array of choices. Since 1907, Neiman Marcus has served our discerning and sophisticated customers with gracious and attentive service.


Title: Staff Auditor
Department: Internal Audit

Job Summary
Perform audits of routine nature with direction from an Auditor-in-Charge in accordance with audit work program.  This individual is also responsible for identifying and recommending specific audit tests to be performed in routine audit areas.

Key Performance Elements:
  • Perform audits in accordance with audit programs under the supervision of the Auditor-in-Charge.
  • Obtain and analyze evidentiary data through interaction with auditee.
  • Prepare comprehensive workpapers for each area audited, including detailed process narratives.
  • Identify and recommend to the Auditor-in-Charge specific audit tests to be performed.
  • Prepare oral presentation of findings from areas audited to auditee Management, along with appropriate recommendations to enhance controls, improve operations or reduce costs.
  • Resolve routine audit issues with auditee staff.
Requirements
Knowledge/Skills/Abilities:
  • Bachelors degree in Accounting or Finance
  • CPA or CIA candidate preferred
  • Excellent written and oral communication skills
  • Working knowledge of Microsoft Office products
  • Ability to perform minimal travel
Work Experience:
  • Minimum 1-2 years prior audit experience preferred; recent graduates also considered.
  • Retail industry experience preferred, but not required.

Title: Information Systems Staff Auditor
Department: Internal Audit

Job Summary

Perform audits of routine nature in accordance with audit work program. This position is also responsible for identifying and recommending specific audit tests to be performed in routine audit areas. The IS Staff Auditor provides technical support to Internal Audit staff as needed

Key Performance Elements:
  • Perform audits in accordance with audit programs under the supervision of the IS Audit Senior and/or Manager.
  • Perform SOX testing as it relates to Information Services.
  • Obtain and analyze evidentiary data through interaction with auditee.
  • Prepare comprehensive workpapers for each area audited.
  • Identify and recommend specific audit tests to be performed. 
  • Participate in system development projects under the supervision of the Audit Manager to provide assistance to IS Management with establishing proper controls.
  • Prepare oral presentation of findings from areas audited to auditee Management, along with appropriate recommendations to enhance controls, improve operations or reduce costs.
  • Resolve routine audit issues with auditee staff.
  • Provide technical support to Internal Audit staff as needed.
Requirements
Knowledge/Skills/Abilities:
  • Bachelors degree in Accounting, Finance or Information Systems
  • CISA candidate preferred
  • Excellent written and oral communication skills
  • Working knowledge of Microsoft Office products
  • Basic working knowledge of information technology
  • Ability to perform minimal travel
Work Experience:
  • 1-2 years prior audit and retail industry experience preferred
  • IS SOX testing experience preferred, but not required

To apply visit www.neimanmarcuscareers.com  or email your resume to Kelly_sessions@neimanmarcus.com
to apply for either position


Hunt Consolidated Inc.  (1/24/11)

Hunt Consolidated Inc. is a recognized leader in oil and natural gas exploration and production, refining, real estate, power, and investments. For the right candidate we offer an exceptional opportunity in a dynamic, stable company with a family oriented work environment and great people. We are currently seeking a Senior Internal Auditor to join our team.

Responsibilities:

  • Lead operational, compliance, financial and information systems audits
  • Conduct and assist in planning work on assigned audits
  • Verify and analyze information while conducting reviews of organizational and functional activities
  • Evaluate the adequacy and effectiveness of internal controls
  • Report audit findings and make recommendations for improvements Participate in special projects as needed

Requirements:

  • 4+ years internal audit experience
  • Audit experience in one or more of the following areas preferred but not required: Oil & Gas, Utilities and Capital Projects
  • Integrated audit experience
  • Bachelor degree in either Audit, Accounting or Finance
  • CPA or CIA certification and/or Big 4 experience helpful, but not required
  • Experience with Microsoft Office products, SAP/BW and ACL a plus
  • Ability to work independently with little day-to-day supervision
  • Excellent work ethics and interpersonal skills
  • Spanish language skills a plus
  • Up to 40% travel required, including international locations

If you are interested in working in a challenging environment for a stable company that offers competitive salary with an excellent comprehensive benefits package please visit our website at www.huntoil.com and select the Career Opportunities link to find the appropriate position. You can "Apply for this Position" or if you are already registered use your email and password and select "Add to my Jobs" to be considered for this opportunity.

For more details visit us at www.huntoil.com, ‘About Hunt Oil.’ Equal Opportunity Employer, M/F/V/D.


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


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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