Dallas Chapter is off to an exciting year. We had a great turnout for our first meeting on
September 21. We owe a big thanks to Courtenay Thompson for stepping in as our luncheon
speaker at the last minute and providing us with an informative and entertaining session.
Dan Korem was not able to be with us that day and his October seminar (originally
scheduled for the 11th and 12th) has been rescheduled as a one-day event on November 28, 2001.
Our October meeting will focus on Mergers
and Acquisitions. John Trampe with PricewaterhouseCoopers, a former President of
the Chapter, and a veteran of the mergers and acquisitions arena, will speak
to us at lunch. For the pre-meeting, John will facilitate a panel discussion of other
experts in this field. The post-meeting will feature another perspective on this. Please
remember as you make reservations for this and all our luncheon meetings that No
Shows cost your Chapter money. If you make a reservation, we tell CityPlace to set a
place for you. If you dont show up, your place is still there and the Chapter has to
pay for the meal.
I am excited to announce a great new program the IIA is rolling out - IIAOnlineCPE.org. IIAOnlineCPE is the perfect solution
for internal auditing professionals on a limited training budget or not able to readily
travel to seminar sites. Please look for the IIAOnlineCPE item in the
Chapter News section in this newsletter.
If you are not actively involved in your Chapter, I encourage you to get involved. Our
luncheon meetings with pre and post meetings are great opportunities to learn something,
pick-up a few CPE hours, network with other audit professionals, make new and renew old
acquaintances, and get a pretty good meal. Also, many of our committees would appreciate
your help and a quick call or e-mail to any officer
or committee chair is all it takes.
See you on the 18th!
This Month's Meeting
Thursday, October 18, 2001
CityPlace Conference Center
Mergers & Acquisitions
Lunch Meeting 12:00pm
Registration begins at 11:30am
Trends and Risks in Mergers & Acquisitions
Presented by John Trampe, CPA, CIA, Director, Global Risk Management
will discuss recent trends in merger activity. He will also address risks organizations
face as they complete acquisitions and mergers and how internal auditors can help
organizations mitigate these risks.
John is a Director in the Global Risk Management Solutions unit of
PricewaterhouseCoopers LLP and has over 27 years experience in internal audit, public
accounting and in industry practice. For the past year, he has led a major internal audit
outsourcing engagement for a Fortune 150 corporation.
John has a great deal of experience and is heavily involved with the implementation and
monitoring of key performance indicators to detect operational stability issues during
He regularly speaks on managing risk during mergers and acquisitions, and recently
authored an article for the Journal of Accountancy on "The Internal Auditor's Role in
Mergers and Acquisitions."
John earned a Bachelor of Business Administration with an emphasis in Accounting from
the University of Notre Dame. He is also a past President of the Dallas Chapter of the
Internal Auditors Role In Mergers and Acquisitions - Best
Practices And Lessons Learned
Panel Of Expert Auditors, Moderated by John Trampe, Director in
the Global Risk Management Solutions, PwC
Last year, the total value of mergers and acquisitions exceeded $1.5 trillion
worldwide. Sooner or later, nearly all of us will be involved with a Company merger or
acquisition. This is your chance to learn so you and your internal audit team will be
prepared to contribute.
Come and hear a panel of experienced audit professionals from a diversified mix of
industries (including banking, high tech, retail, healthcare, and utilities) discuss the
following related to mergers and acquisitions:
- Best Internal Audit practices in mergers and acquisitions
- Lessons learned - get involved up front, stay involved
- Due diligence in mergers and acquisitions
- Adding value to the merger and acquisition process
- After the fact involvement - Auditors role in business integration
Post Meeting 1:30pm
The Merger And Acquisition Process - Internal Audits Role
Presented by John Morgan, Partner - Enterprise Risk Services, D&T
John has over 26 years of professional experience in the auditing profession. John is a
seasoned internal audit professional with over 19 years of utility/energy industry
experience, including 15 years in audit management positions. John has extensive
experience in auditing critical business practices including mergers and acquisitions.
John is an honors graduate of the University of Florida and a Certified Internal
Auditor. He is a member of the Institute of Internal Auditors and Vice Chair of the
International Editorial Policy Committee, which oversees the publication of the IIAs
professional journal and periodicals.
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 place and confirm your reservation is via the web site 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 October 12, 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, 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
Dave Hallo recently received the following three new publications from the Foundation.
They can be purchased through the IIA Distribution Center (toll free in the U.S.
- Internal Audit Reengineering: Survey, Model, and Best Practices - (order number
420, price is $60 for IIA members and $75 for nonmembers). This research provides a broad
overview and summary of the important issues facing internal auditing departments in light
of the changing role of internal auditors today, discusses methodologies and elements for
a successful changeover, and provides profiles of best practices currently in use at world
- Independence and Objectivity: A Framework for Internal Auditors - (order number
419, price is $60 for IIA members and $75 for nonmembers). This study explains the complex
and critical issues associated with auditor objectivity. It provides a framework that
audit practitioners can follow as they confront the rising challenges of the changing
workplace and become more proactive, providing a broadened variety of services and
otherwise changing the internal audit model in view of the professions new
- Enterprise Risk Management: Trends and Best Practices - (order number 423, price
is $100 for IIA members and $125 for nonmembers). This detailed monograph uses first-hand
accounts to illustrate the traits of successful enterprise risk management (ERM) programs,
how ERM can lead to more effective and integrated management approaches, the benefits and
pitfalls of diverse ERM methods, the latest information on cash-flow and stakeholder
risks, and how ERM can boost market value and improve earnings consistency.
Membership Matters Campaign
"Why?" you ask.
Because strengthening our chapter programs, bolstering our leadership, and, more
importantly, growing our organization all require that we pay close attention to
So what are we going to do about it?
The IIA has developed a membership campaign called Membership Matters
and there are two easy ways to participate:
- You can personally recruit new members, or
- You can let The IIA do the recruiting for you by sending them information on potential
To sweeten the pot, The IIA has added some great incentives that you can win:
- An all-inclusive International Conference 2002 package,
- An Omni Hotels and airfare package,
- A Palm Pilot,
- IIA products and services, and
- Bonus bucks that may be redeemed for educational products and programs, and membership
As an added bonus, by participating in the campaign you could help our chapter win an
IIA on-site chapter seminar presented by an expert instructor!
For complete details refer to The IIA web site at www.theiia.org
or pick up one of the brochures at the October meeting.
Welcome to our newest members!
The IIA Seminar Development Group is proud to announce a great new program - IIAOnlineCPE.org. IIAOnlineCPE
is the perfect solution for internal auditing professionals on a limited training budget
or not able to readily travel to seminar sites. Our chapter is partnering with The
Institute of Internal Auditors to offer our members annual subscriptions to IIAOnlineCPE
Web-based training for only $95.
In addition, for every ten (10) members who subscribe to IIAOnlineCPE,
our chapter will receive one free annual subscription to be given out as future chapter
prizes and awards.
Here is some information about IIAOnlineCPE:
- Your choice of over 150 educational courses currently used by more than 50% of Fortune
- Unlimited access to all courses.
- Courses use streaming video technology with excellent visual aids and graphics.
- At least 4 new lectures (courses) are added monthly.
- Timely information on financial news and trends.
- A personal CPE record that tracks the hours you've earned.
- The ability to print your own CPE certificates. One-year subscription with unlimited
usage. Thats less than $1.60 per CPE credit hour, an incredible value!!
- IIAOnlineCPE offers two free demonstration courses, so you can try
before you buy.
To subscribe, call or e-mail Ray Brindley, Seminar Development, The Institute of
Internal Auditors at 407-830-7600, extension 295 (email@example.com)
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 September, 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 October 15, 2001. Contact Dace Ward (firstname.lastname@example.org, 972-605-6128) if you have any
Our Next Seminar
The Art Of Profiling
Reading People Right the First Time
|This Seminar was originally scheduled
for October 11 & 12, 2001.
Presented by Dan Korem, Investigative Journalist,
President of Korem & Associates
and author of "The Art Of Profiling"
DATE: November 28, 2001
LOCATION: JCPenney Park Central Facility, Near Coit Rd. & LBJ
TIME: 8:30am - 4:30pm
CPE: 8 Hours
COST: $200 For IIA Members, $395 Non-Members, $295 For Educators
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 the system.
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!
You can register On-line at http://dallasiia.org/Profiling.htm
Introduction To IT Auditing
North Texas Chapter of ISACA would like to extend an invitation to all Dallas Chapter
IIA members to their Fall Seminar, Introduction To IT Auditing, October 29 - 31,
2001 at CityPlace Conference Center.
Presented by Bryan McAtee, of Bryan McAtee & Associates
This three days seminar will include:
- Definition of Information Technology (IT) Auditing
- IT Audit Standards & IT Best Practice
- The IT Control Mix
- Classification of IT Controls
- Overview of IT Audit Process
- IT Control Areas
Bryan McAtee is the Principal of Bryan McAtee & Associates, a firm of independent
consultants providing computer-related and training services on an international basis.
Bryan is the former Director of Professional Services for the Information Systems Audit
and Control Association (ISACA), which has its world headquarters in Chicago, USA. He was
responsible for developing a series of practical educational products and services
available to the Association's 15,000 members through its 140 Chapters located around the
Bryan has completed assignments in many countries around the world including the USA,
Canada, Belgium, Switzerland, South Africa, Australia, United Kingdom, Thailand and the
United Arab Emirates. Bryan is a Certified Information Systems Auditor, an Associate
member of the Australian Society of Certified Practicing Accountants and a member of the
Australian Standards Association.
For additional details and for information about registration, visit http://www.isacantx.org/calendar.htm
Senior Internal Auditor
Cadbury Schweppes has immediate openings for a Senior Internal Auditor
to plan and perform operational and financial audits. Cadbury Schweppes is a multinational
beverages and confectionery company with subsidiaries such as Dr Pepper/Seven Up, Mott's,
Snapple Beverage Group, and the Dr Pepper Seven Up Bottling Group in North America. This
position will report directly to the Director of Internal Audit for the business units in
North and South America and will perform audits of financial and management information
The Sr. Internal Auditor will be required to assess business risks, evaluate the
effectiveness of internal controls and the efficiency of business processes and
information systems, establish rapport with business unit management and identify special
projects and audit engagements to improve business unit performance. The Sr. Internal
Auditor has significant interaction with Business unit management, as the role is
responsible for the issuance of reports that summarize audit results and recommendations
for improvements to the Company's financial and management information systems.
Cadbury Schweppes Group Audit is organized into three principle regions. The US team
covers USA, Canada, Mexico and South America. Group Audit has a strong recruitment track
record. On average, members of the team stay with the department for two years before
moving on to key roles across the group. We look for individuals who are professional,
highly motivated, friendly, and dynamic. We offer a competitive salary package including
pension, 401(k), medical and dental, stock purchase, and eligibility to participate in an
annual incentive program.
The selected candidates will perform the following tasks:
- Plan and organize audit projects. Document business processes and the results of audit
test work. Creating and maintaining the Group Audit record of operating companies business
processes, by properly documenting the procedures and evaluating the controls.
- To identify, review and document improvements in business processes and controls.
- To produce draft audit reports which are timely, accurate, understandable and
actionable. Each report should clearly state the nature of the problem, the improvement
needed and the possible effect or expected benefit from implementation of the corrective
- To control the end of audit meetings in an objective and professional manner and obtain
agreement on the recommendations made and the action plan required.
- Carry out special projects at the request of the Director of Internal Audit - Americas.
- Contribute ideas to the development of the annual audit plan and identification of
We are looking for an individual with the following qualifications:
- Bachelor's Degree in Accounting, Finance, Management, Business Administration, or other
business related major.
- CPA preferred.
- 3-4 years recent internal audit and/or public accounting experience.
- Ability to understand and analyze problems in a short time frame.
- Sound judgment to identify the right solutions for business problems.
- Excellent verbal and written communications skills.
- Commitment and self-motivation.
- Experienced use of PC technology and office productivity programs.
- Proficiency in Spanish is desired, but not required.
In addition, the selected candidate should be willing to travel up to 50 percent. The
majority of travel will be domestic, although international travel is occasionally
If you are interested in applying for this position, please send a Word Document resume
with salary expectations Glenn_P_Onstad@dpsu.com
or, alternatively, fax a resume to 972-673-7125.
is a multinational beverages and confectionery company with subsidiaries such as
Dr Pepper/Seven Up, Mott's, Snapple Beverage Group,
and the Dr Pepper Seven Up Bottling Group in North America
Please visit our website at www.dpsu.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 (email@example.com) at 214-820-6970 for