Dallas Chapter of the IIA eNews
Monthly Seminars Careers

eNews Update - October 2000

This is the latest edition of eNews for the 2000 - 2001 chapter year. Use the buttons at left to navigate to the major sections of the newsletter.

To "Unsubscribe" go to DallasIIA.org/E-News.htm, enter this e-mail ID and select "Unsubscribe." To change the e-mail address you receive this newsletter, unsubscribe as noted above and then "Subscribe" with the desired ID. Note: there will be no printed newsletter this year. All newsletters will be sent electronically.


All IIA members are encouraged to bring one of your Audit Committee members to the October pre and post sessions and the luncheon. We have some great speakers lined-up and it will also provide an excellent networking opportunity!

October 19, 2000, 12:00 Lunch Program

11:30 Registration

Photo of Mary Poss Mary Poss will discuss her role in corporate governance as a member of the City Council and Mayor Pro Tem for the ninth largest city in the United States. Mary also serves on the following committees:

  • Finance and Audit - Chairperson
  • Arts, Education and Libraries
  • Transportation and Telecommunications
  • Public Safety

10:30 Pre-meeting

Blue Ribbon Committee Analysis

Presented by Clete Madden, Partner, KPMG LLP. An audit committee plays a crucial role in the corporate governance process. The Blue Ribbon Committee on Improving the Effectiveness of Corporate Audit Committees confirmed this view in their report issued last year. Plan to attend this session as Clete walks us through the committee recommendations which are designed to improve financial reporting and focus on the oversight function. He’ll also provide some tips on shaping the audit committee agenda.

1:30 Post-meeting

Relationships with the Board

Presented by Al Davis, VP Internal Audit, Southwest Airlines. Mechanisms should be in place to facilitate independent communication and information flow between the audit committee and the internal auditor to improve the effectiveness of both. Plan to participate in this discussion led by one of the chapter’s "high flying" members and see how he approaches this difficult challenge within his organization.

Map to Citypalce

All Meetings are at CityPlace Conference Center, 2711 North Haskell at Central Expressway in Dallas.

Preferred Method

The best method to confirm your reservation is via the website at DallasIIA.org/Reserve.htm.

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.


Gina Bailey, TXU
Phone: 214-812-5937
Fax: 214-812-6676

Luncheon Fees:

Members: $25
Non-Members: $30
Students: $15
Phone/Fax/E-Mail Fee $2

Reservations must be received by noon on Friday, October 13 or a $5 late fee will be charged.

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

Meeting Dates for the 2000-2001 Chapter Year
November 16, 2000
December 12, 2000
January 18, 2001
February 15, 2001
March 15, 2001
April 19, 2001
May 15, 2001

The program calendar is now on the web now. Go to http://dallasiia.org/Events.htm for details.

IIA Research Foundation - Update on Research Projects

The following Research Foundation projects have estimated completion dates prior to the end of this year. Dave Hallo will let us know when they have been published and available for purchase.

  • Reengineering the Internal Audit Process
  • Independence and Objectivity: The Intricate Responsibility of the Internal Auditor
  • Audit Committee Effectiveness - What Works Best
  • Risk Assessment by Internal Auditors Using Past Research on Bankruptcy
  • A Balanced Scorecard for Internal Auditing
  • What Internal Auditors Need to Know About eCommerce
  • Risk Exposures in Employment and Human Resource Management Practices

Upcoming Seminars

NOTE: The ISACA seminar scheduled for October 16-18, 2000 has been cancelled. It will be rescheduled for Spring 2001.

AGA / IIA State and Local Government Conference

Austin, Texas

October 30 - 31, 2000. Sponsored by AGA and IIA Headquarters, $345/members; $425/non-members.

November 1, 2000 Training Expo: Sponsored by AGA and IIA Austin chapters. $125/members; $145/non-members

Day one of the conference will address why and how to form internal and external strategic partnerships. Day two will consist of the presentation of best partnerships practices from around the country that really worked. Day three, sponsored by the AGA and IIA Host chapters, will focus on two tracks: GASB Statement No. 34/35 and the new internal audit standards.

Please see the AGENDA (topic per session, and more details) and the REGISTRATION FORM at this web site:


Note: The State Auditor's Office will not hold a separate conference in October this year. This is the ONE to attend!

Career Opportunities

New Career Opportunities are being posted to the web site. Visit DallasIIA.org/Employ.htm for the latest job postings. Here are this month's opportunities:

Bank of America logo

operational and IT audit opportunities exist
at America’s leading financial institution.
Immediate openings for staff & seniors in

Dallas * Charlotte * San Francisco * New York

Excellent benefits, competitive wages and
advancement opportunities.

Please e-mail or fax resume to:
Fax: 910-458-5250

Federal Home 
    Loan Bank logo

Senior Auditor

The Federal Home Loan Bank of Dallas has an immediate opportunity for an individual at our Irving, Texas office.

Selected individual will conduct independent, complex audits; evaluate results; review, appraise, and evaluate soundness, adequacy and application of accounting, financial and other operating controls in existing and new systems; and prescribe methods to improve these controls. Develop audit programs, prepare audit workpapers which document audit procedures performed, conduct system reviews and audits of computer applications, assist Bank’s CPA firm in their annual examine as assigned, and assist in the preparation of written reports to be submitted to the auditee by the Internal Audit Director.

Qualified candidate must have a bachelor’s degree with a major in accounting (a business related degree may be substituted provided the candidate has completed at least 18 hours of accounting courses and 3 or more hours of computer science courses), professional certification (CPA, CIA, or CISA) is highly preferred. 3-5 years experience in all types of audits including financial, operational and IT/EDP, or significant financial services industry experience. Excellent computer skills with advanced skills working with spreadsheets, intermediate skills in operating systems and utility programs with knowledge of flowcharting and audit software and database packages preferred. Excellent communication and analytic skills required.

We offer an outstanding benefits package and competitive salary. Please forward resume to:

SR Human Resources Advisor
Federal Home Loan Bank of Dallas
8500 Freeport Parkway Ste 100
Irving, TX 75063
Fax: (214) 441-8152
E-mail: molly.ritter@fhlb.com

JCP logo

Company Information

JCPenney Company, Inc. is one of America’s largest retailers employing over 290,000 associates. Our major operations include 1,100 JCPenney stores, 2,600 Eckerd drugstores, JCPenney Catalog and an expanding e-commerce business. Annual sales in 1999 were $33 billion placing JCPenney in the Fortune 500.

Positions Available

We have the following positions available in our Internal Auditing department:


Preferred Work Experience

Senior Auditor 3 to 5 years of audit or related work experience
Project Manager 5 or more years of audit, project audit, or related work experience
IT Project Manager 3 or more years of IT audit experience
Senior Project Manager 7 or more years of audit project management experience


The majority of the positions are located at our Home Office in Plano, TX, a suburb of Dallas. Additionally, we have several openings in Salt Lake City, UT, as well as in each of our field offices located in the following cities: Atlanta, GA, Los Angeles, CA, and Pittsburgh, PA.

Background On JCPenney Internal Auditing

JCPenney is consistently recognized for having a "world class" professional internal audit organization rated by our peers among the very best for:

  • Developing innovative audit approaches
  • Incorporating ground-breaking technology into the audit process
  • Responding to management requests
  • Establishing a partnership with management to identify Company opportunities and implement sound business solutions

Most recently, JCPenney Internal Auditing was featured in The Institute of Internal Auditor’s (IIA) book on Best Practices in Internal Auditing. Our audit organization prides itself on being a leader in the profession and is active in The IIA at local and international levels.

Work Description

Our audit approach is focused on working in partnership with management. With JCPenney auditing, you will be involved in managing and completing financial, operational, compliance, and information technology audits in a wide variety of areas. You will be responsible for learning a business area, assessing the efficiency and effectiveness of the control environment and communicating your audit results to management. Additionally, you will be challenged to identify operational, systems and financial opportunities, as well as assisting in development of solutions for the opportunities identified in your reviews. In some cases, you will be placed on non-audit teams, working with Company management to develop new business processes or improve existing ones.


  • Ability to manage multiple complex projects with limited supervision
  • Strong oral and written communication skills
  • Proven ability to identify and capitalize on opportunities and efficiency improvement, cost reduction and elimination of non-value added activities
  • Solid PC skills - experience with data retrieval and analysis a plus
  • Bachelors or Masters degree, preferably in business or information systems
  • CIA, CPA, CMA, or CISA - a plus


Some of our audit teams travel on a regular basis while others travel only on a limited basis.

If you meet the following requirements, please forward your resume and salary requirement to:

David Price
JCPenney Company Inc.
P.O. Box 10001
Dallas, TX 75301-4321

Or, e-mail your resume to dpprice@jcpenney.com.

Please note that relocation assistance will be considered. JCPenney is an Equal Opportunity Employer.

Additional Information
Position Type: Full Time
Ref Code: JCPenney

Please visit www.jcpenney.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 to:

Greg Dubis
JCPenney Company
P.O. Box 10001
Dallas, TX 75301-4321
Phone: (972) 431-7121
Fax: (972) 431-7195
E-mail: gdubis@jcpenney.com

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 Laura Haeussler at (214) 209-9865 for more information.

2000 Dallas Chapter of the IIA
All Rights Reserved


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