Welcome to the beginning of a great new year for the Dallas
IIA Chapter !! Your officers, Board of Governors, and various committee chairpersons and
members have been working very hard over the past few months planning an exciting year for
you. I hope you will join us at as many monthly meetings, seminars, and other events as
you can during the next nine months. We are starting the year with an outstanding program
in September. The theme for September is Improving Your Internal Audit Teams
Skill Sets. Dan Korem will speak at lunch on "The Art Of Profiling - Reading
People Right The First Time." Those who have heard Dan (which includes me) will
tell you he is a great speaker and he presents a very informative and entertaining
program. As you will note elsewhere on the web site, this first meeting is on September
21, which is a FRIDAY. We had to do this to accommodate Dans very busy
The remainder of our meetings during the year will be on our traditional 3rd
Thursday of each month - except December, which we moved up one week to stay away from the
holidays. On our web site you can find information on the monthly luncheon programs and seminars for the rest of the year as they are
currently planned. Some items are just coming together and, of course, are subject to
change. I think you will agree, the folks working on this have put together a great year
that we can all look forward to. By the way - how about the great new look on our web site
!! A big thanks to the Web Site Committee for their great work on this.
As announced at our last meeting in May, our Chapter kept our winning tradition alive
and we achieved GOLD
status in the Chapter Achievement Program. What was not known then but was announced at
the International Conference in Buenos Aires in June were other awards some hard working,
dedicated folks brought to our Chapter. We won FIRST PLACE in the Donald E.
Ricketts Chapter Research competition for the great work done by last years Research
Project Committee on The Benefits of an Endowment Program. We also won second
place for our Academic Relations Program. Congratulations to all who helped bring these
awards to our Chapter !! On the web site you will find a listing of this years committees and chairpersons. You will see a
few chair vacancies and many committees are still looking for more help. If youre
looking for a way to serve the Chapter and the Audit profession - and have some fellowship
and fun - contact one of the officers or chairpersons and get involved !!
This Month's Meeting
Friday, September 21, 2001
CityPlace Conference Center
Improving Your Audit Team's Skill Sets
You do not want to miss our first meeting of the year. The theme is improving your
internal audit teams skill sets. Improve your audit skill sets to give
yourself a competitive edge by attending the pre-meeting, lunch and post-meeting.
Please note this month's meeting is on FRIDAY!
Lunch Meeting 12:00pm
Registration begins at 11:30am
The Art Of Profiling -
Reading People Right The First Time
Presented by Dan Korem, Investigative Journalist, President of Korem
& Associates and author of "The Art Of Profiling"
Profiling is an interviewing technique
that can make you a more effective auditor. You and your audit team will benefit from Dan
Korems exhaustive research on interviewing and reading people right the first time.
Dan Korem is a critically acclaimed author, documentary producer, and independent
investigative journalist whose programs have been seen by over 150 million people
worldwide. One of the most sought-after speakers for corporate, law enforcement, and
education groups in the US and Europe, he is the president of two Dallas-based
communications companies. His most recent books are Suburban GangsThe Affluent
Rebels (1995), The Art Of ProfilingReading People Right the First Time
(1997), and Streetwise Parents, Foolproof Kids, which came out this summer.
The Korem Profiling System is
the first comprehensive system for profiling people within a few minutes of interaction,
enabling one to predict how a person prefers to communicate, perform on the job, and make
decisions. It is widely used by Fortune 500, education, and law enforcement professionals
for human resource, team management, sales, and confrontational applications. Developed in
the early 1990s, Dan's techniques were derived from well-accepted gauges for measuring
behavior and proven concepts for reading behavior from the field of psychology. Over
25,000 professionals in the US and Europe have received behavioral profile training using
Dan has discussed Profiling as a keynote speaker or distinguished lecturer for the
Society of Human Resource Management in 1997 and the IIA's 57th International Conference
here in Dallas in 1998, as well as scores of corporate groups and professional
associations in the US & Europe.
You will be entertained while you learn, as Dan has been known to throw in a magic
trick or two to keep things lively. You will not be disappointed!
Investigative Interviews - Do's and Don'ts
Presented by Bob Terna, JCPenney Regional Loss Prevention Manager
Don't miss this! Bob Terna will offer tips and techniques that every auditor should
know related to interviewing employees when there may be fraud involved. Bob has years of
exceptional experience in both internal audit and loss prevention
and is a
specialist in researching and investigating fraud.
Post Meeting 1:30pm
The Very Best Practices in Internal Auditing
presented by Dan Chesnut and Greg Aunan, KPMG
Do you want to improve your audit shop? If so, Dan Chesnut and Greg Aunan, KPMG, can
help you gain an understanding of today's best practices in internal auditing. They will
present cutting edge and fundamental processes necessary to give your Company exceptional
internal audit services.
This meeting is being held at CityPlace Conference Center.
Note: The DART rail station at CityPlace is now open! Check for
information and schedules at DART's website: http://www.dart.org/default.asp
The best method to confirm your reservation is via the website at http://www.dallasiia.org/Reserve.htm.
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.
Meeting / Luncheon Fees:
Walk-ins (members or non) $30
Phone/Fax/E-Mail Fee $2
Reservations must be received by noon on Friday September 14, 2001 or a $5 late
fee will be charged.
We reserve the right to bill for "no-shows."
Please mark your calendar for future meeting dates for the 2001-2002 Chapter Year:
- Thursday, October 18, 2001
- Thursday, November 15, 2001
- Thursday, December 13, 2001
- Thursday, January 17, 2002
- Thursday, February 21, 2002
- Thursday, March 21, 2002
- Thursday, April 18, 2002
- Thursday, May 16, 2002
2001 - 2002 Directory
The 2001-2002 directory will be available shortly to chapter members, and will be
password protected on the web site. If you don't receive an email note with the password
by September 12, 2001 and you are a Dallas IIA member, contact Regina Anderson at email@example.com with
your member number to obtain the password.
Report Your Speaking and Writing
It's time again for the survey to determine which IIA Dallas Chapter members have
submitted articles or spoken during August, or earlier if not previously reported. 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 September 15, 2001. Contact Dace Ward (firstname.lastname@example.org, 972-605-6128) if you have any
New and "Not-So-New"
The Dallas Chapter would like to recognize the following members for their years of
service and invite our newest members to get involved. Anyone that would still like to get
involved should contact any of the officers since we still have open committee assignments
at this time. A complete list of assignments can be found at http://dallasiia.org/Committees.htm.
Maurice La Verdure
|35 Year Anniversary
30 Year Anniversary
25 Year Anniversaries
|20 Year Anniversaries
15 Year Anniversaries
|10 Year Anniversaries
Our Next Seminar
Back To School Seminar
"New Frontiers of Internal Audit"
September 28, 2001
JCPenney Park Central
To register, visit the web site at http://dallasiia.org/BTSSeminar_01.htm
- Jim DePalma, Vought Aircraft Industries
Topic: An Education in Controls- Evolutional Auditing
Evolutional Auditing - The responsibility of the internal audit
function is to determine the level of risks inherent in the various processes of the
company and pass the information to management for action. The final product can take on a
one, two or three-dimensional perspective, based on the level and quality of the audit
resources and the nature of support from management.
One Dimensional - Compliance Auditing
Do actual practices agree with the standard procedures?
Two Dimensional - Compliance plus company business objectives
Do the processes meet the business objectives specific to the company? This assumes that
you have established basic compliance.
Three Dimensional - Compliance plus company business objectives plus the bottom
Do the processes meet the company business objectives in the most effective and efficient
manner? This assumes that you have established compliance and the company business
objectives have been achieved.
Speaker: Jim DePalma is Manager of Corporate Internal
Audit for Vought Aircraft Industries, Inc. He was appointed to this position July 24,
2000, when Vought Aircraft Industries was organized as an independent company. He works
with a staff of four audit professionals and is responsible for Process Controls for the
company, and liaison with external auditors. He reports to the President & CEO, the
Corporate Executive VP and CFO and the Audit Committee of the Board of Directors.
Jim began his business career in auditing with Price Waterhouse & Co. located in St.
Louis Mo. After five years in public accounting he joined Brown Group Inc. as Supervisor
of External Reporting and later Assistant Controller for Brown Shoe Company. He has been
with Vought Aircraft Industries and its predecessor companies since 1980, when he joined
LTV Steel (an LTV Corporation subsidiary) as a senior auditor. He served in increasingly
responsible positions in the Internal Audit Department being appointed Manager of Internal
Audit for LTV Aerospace and Defense Company. He also held the position of Director of
Internal Audit for Northrop Grumman - Commercial Aircraft Division. When Northrop Grumman
sold its Aerostructures business segment, he was appointed to his present position.
Jim has a Bachelor of Science degree in accounting from Pennsylvania State University. He
is a Certified Public Accountant, a member of the Institute of Internal Auditors and lives
in Plano with his wife JoAnn. They have a son who lives and works in Austin, and two
daughters who are completing their education in Texas.
- Ray Clay, UNT
Topic: Independence & Objectivity: A Framework for Internal Auditors
Vast changes in the internal audit profession have led, on the one hand, to expanding
scope of services and, on the other hand, to concerns about possible compromises to
internal audit objectivity. Internal audit staffs as well as individual practitioners must
learn to manage the internal audit unit and individual objectivity. This presentation is
designed to address the issues related to problems with internal auditor objectivity and
the considerations that should be made in dealing with these problems.
Speaker: Dr. Clay currently holds the Internal Audit Professorship 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.
- Mark Salamasick, Bank of America
Topic: Technology Risks of the Future - eSAC Electronic Systems & Control
- Aftab Shaikh, Citigroup
Speaker: Aftab Shaikh is an internal auditor with the Citigroup and has been with
the company for over four years. He has worked on various financial and technical audits,
participated in various risk assessment projects, and have worked on special
investigations. He is a Certified Internal Auditor (CIA), Certified Public Accountant
(CPA), Certified Information Systems Auditor (CISA), and has a Masters degree in
Accounting with specialization in Internal Audit from the University of North Texas.
Cost: $125.00 per professional
$50.00 for professors
Free to Students
The seminar will be held in Meeting Room 1 of the JCPenney Park Central
low-rise building near Coit Road and I-635 (12712 Park Central Drive, Dallas).
CIA Review Course
The Certified Internal Auditor exam is
scheduled for November 14 - 15, 2001. The Dallas Chapter will once again sponsor an
interactive CIA review course to help prepare candidates. This four day course will be
taught by Dr. Glenn Sumners, Director of the Center for Internal Auditing
at LSU. Comprehensive printed study materials will be provided for the course. Register
On-line for this review course at http://dallasiia.org/CIAReview_F01.htm.
The course will be taught September 28 through October 1, 2001 (Friday -
Monday), 8:00 AM to 5:00 PM each day, according to the following schedule:
- September 28, 2001 Part I Internal Audit Process
- September 29, 2001 Part II Internal Audit Skills
Problem Solving & Evaluating Audit Evidence
Data Gathering, Documentation & Reporting
Sampling & Mathematics
- September 30, 2001 Part III Management Control and
- October 1, 2001 Part IV The Audit Environment
(Please note if you are a CBA, CGAP, CCSA, CISA, CMA, CPA, CTA, CUCE or CTCP you are
eligible to receive professional recognition credit for Part IV of the CIA Exam.)
Eight hours of continuing professional education (CPE) will be given for each full day
session. The course will be taught in Meeting Room 2 of the JCPenney Park Central low-rise
building near Coit Road and I-635 (12712 Park Central Drive, Dallas).
Cost for the course is $100 for each part if you are a Dallas IIA Chapter member, $125
for each part for non-members and members of other chapters.
If you are interested in overnight accommodations, there are several hotels near the
JCPenney Park Central building (these are listed for information only; the Chapter has
made no arrangements with these hotels):
You can register on line for the Review Course using the form below, or for further
information, contact Scott Sullins at 972- 431-5990 (email@example.com) or Michael Kennedy at 972-
Note: The registration fee must be received by Scott
Sullins at the address below in order to reserve your place at the course (Checks should
be made payable to the Dallas IIA):
J. C. Penney Company., Inc.
6501 Legacy Drive
Plano, TX 75024-3698
Staff Auditor II
Location: Plano, Texas
EDUCATION: BBA / BS Accounting.
EXPERIENCE: Two plus years of audit and/or industry experience. Prefer bilingual skills
(primarily Spanish or French) and Business Process Improvement experience. Also prefer
Certified Internal Auditor (CIA) or Certified Public Accountant (CPA) certification.
TRAVEL: Job includes domestic and international travel up to 50%.
JOB DUTIES: Perform Operational and/or financial controls reviews of the assigned
auditable areas as defined in the audit universe. Assist the audit senior/manager in
identifying potential areas of risk in the review area, developing the review plan and
program, completing the review program to evaluate actual conditions in the review area,
drafting audit findings and recommendations, and assisting in the follow up of
implementation. In addition, assist in reviews of business process reengineering and
facilitation of business improvement teams.
1000 Coit Road
Plano, Texas 75075
Visit our website at: www.usa.alcatel.com
Senior Auditor I
Location: Plano, Texas
EDUCATION: BS/BBA Computer Science (or related field) or Accounting.
TRAVEL: Job includes travel throughout North, Central and South America (and
occasionally to Europe). Travel is not expected to exceed 50%.
EXPERIENCE: Five plus years of IS Audit or related experience. Preferences include:
experience with a Big 5 Accounting firm; Certified Information Systems Auditor (CISA),
Certified Internal Auditor (CIA) and/or Certified Public Accountant (CPA); and bilingual
JOB DUTIES: Performing technical audits of business applications, Information
Technology infrastructure, related IS projects and integrated audits. In addition, this
individual would also assist the Audit Manager and/or Regional Director in identifying
potential areas of risk in the IS domain, developing, managing and completing the audit
program to evaluate the risks.
1000 Coit Road
Plano, Texas 75075
Visit our website at: www.usa.alcatel.com
Looking for a career change or companies seeking employees? Let the Dallas IIA
Employment Committee help you. Individuals seeking positions can send an updated resume
P.O. Box 10001
Dallas, TX 75301-4321
Phone: (972) 431-5946
Fax: (972) 431-5995
Resumes will be kept on file and forwarded to Companies and Recruiters seeking to fill
positions. This service is offered to members at no charge.
Also, any Company desiring to advertise a job opening in the Monthly eNews and on the
web site may do so for a small fee. Contact Tracie Martin (firstname.lastname@example.org) at 214-820-6970 for