eNews - November 2010

The President’s Letter

At the October meeting, the members present unanimously approved the Audit Committee changes to the Chapter Bylaws.  Thank you for supporting the Dallas Chapter leadership in doing what we preach and enhancing our governance.  At the November board meeting, we will ask the full board to approve the charter that the Audit Committee task force drafted and appoint members to the committee.

As we wind down the calendar year, we have two more major events: the November monthly meeting and a double-header SMART training in December.

The November meeting is packed with training to help you deliver high impact and value to your organization.  Paul Pettit, our new IIA District Representative (and a director with Protiviti in Houston) will discuss Contract Risks and Controlling Costs during the lunch session.  Three of his local colleagues, who are each dedicated volunteers to the Dallas and Ft. Worth Chapters, will offer two morning sessions: Clint and Cindy will present on Leveraging Data; while Aaron will help us be more effective with the most widely used financial application in the world: Excel.  In the post-meeting, Roy Tanner will discuss how Celanese drives value with 6-Sigma.
The SMART training in December is Dr. Dan Kneer’s two-day Advanced Analytical Procedures and one-day Continuous Controls Monitoring.  You may register for either one or both, but do it soon as we expect the training to sell out by the early bird deadline at the end of this month.

Another thing that many of us deal with this time of year is budgets.  At my company and many of yours, budgeting season makes us reflect back on our costs for 2010 and what we plan to spend in 2011.  Is the Dallas IIA the best place to spend your limited time and training dollars?  YES!  The Dallas Chapter organizes great programs throughout the year with both technical and soft skills training.  The list of our programs goes on and on with over 200 hours of training offered each year.  I encourage you to attend Dallas Chapter training as it really is a great value to you and your organization.

Marc Winandy
2010/11 President – Dallas IIA

Next Meeting - Thursday, November 4, 2010
Cityplace Conference Center

Make an Impact, Make a Difference Auditing

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

Contract Risks and Controlling Costs
Paul Pettit, IIA District Representative

Objectives: Each year, over US $100 billion is spent by companies around the world to start up and operate their businesses.  Of this spending, there is at least US $2 billion that is outside of contract terms, duplicative, or simply erroneous.  With massive amounts of potential contract cost recoveries and the global economy forcing companies to run leaner, now is an opportune time to examine your contractual spending for high risk contracts and positively impact your bottom line with cost recoveries that pay for your department and then some.

This session will provide a forum for participants to discuss and share approaches to:

  • indicators to determine what contracts to look at for cost recoveries
  • understand which processes and controls to look at during cost recovery efforts
  • utilize tools to audit contract data more efficiently and effectively
  • assist your organization in implementing proper processes and controls to ensure that both current and future spend are controlled and accurate

Paul Pettit is a Director in Protiviti’s Houston office.  Since 1999, he has been involved in providing risk consulting and internal audit services within technical areas of organizations including engineering, procurement and construction, as well as quality, environmental, health and safety (QEH&S).  Paul is one of the national leaders of Protiviti’s Capital Projects & Contracts practice and the national leader of Protiviti’s QEH&S practice.

Paul also worked for over nine years in the Engineering, Procurement, and Construction (EPC) industry with a Leading EPC Contractor.  He specialized in providing technical services, including audit, for areas such as Project Management, Quality Management, Project Engineering, Noise Control Engineering, Process Systems Engineering, Environmental Engineering and Engineering Design. Paul ensured compliance with local environmental and World Bank guidelines for several international projects.  Paul also served on the company’s EH&S Committee as well as the Lessons Learned Action Team.  He provided leadership and oversight of the company’s annual EH&S Conference as well as their Home Office Safety Program.

Paul holds Masters degrees in Business and Environmental Management as well as a Bachelors degree in Civil/Mechanical Engineering Technology from the University of Houston.  He is certified as a Project Management Professional (PMP), Internal Auditor (CIA), Professional Environmental, Health & Safety Auditor (CPEA), Lead Auditor for ISO 9001 (QMS) as well as Lead Auditor for ISO 14001 (EMS).  Paul is an accomplished speaker and has been designated the highest professional speaking designation by Toastmasters International in 2006, Distinguished Toastmaster (DTM).

Paul has served as a Board of Governor for the past 2 years (2008-2010) for the Houston Chapter of the Institute of Internal Auditors (IIA). He has played a key role in the continued success of the Chapter’s Achievement Program (CAP), achieving Platinum Status for 10 consecutive years of being Gold. He has also served as President (2007-2008) and Vice President of Programs & Seminars (2006-2007) for the Houston Chapter of the IIA. He has been a member of the IIA since 2000 and has spoken at many chapter IIA luncheons and seminars/roundtables around the country as well as national IIA conferences. He has also written articles and white papers on internal audit topics such as auditing high risk contracts and controlling costs as well as auditing environmental, health & safety programs. In late April 2010, Paul was elected to the role as IIA District Representative (South District #1).

1 Hour Continuing Legal Education

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

Tips and Tricks to Draw More Value From Excel
Aaron Stewart, Protiviti

Objectives:  Interested in brushing up on your excel skills?  Have you ever received a nice hunk of data during the course of an audit, but weren’t quite sure how to transform this data into the information you were looking for?  Are you tired of asking one of your co-workers to write your VLOOKUP for you?  Then bring your laptops and your questions to this month’s CAST session.

This session will provide a forum for participants to discuss and review the following concepts and formulas in Excel 2007:

  • Pivot Tables, CONCATENATE, VLOOKUP, naming ranges, COUNTIF, SUMIF, IFERROR, and more.
  • Note that, although Excel 2007 will be used by the presenter, most of these concepts can be applied directly into Excel 2003 as well.

Aaron Stewart is a Manager in Protiviti’s Finance and Accounting Excellence group and self proclaimed data junkie.  During Aaron’s 5 year tenure at Protiviti, he has worked with organizations across industries in the areas of internal audit, SOX, process improvement, and account reconciliations.  Aaron graduates from Texas A&M and is currently co-chair of the Dallas IIA Programs Committee.

1 Hour Continuing Education

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

Leveraging Data Analytics to Expand Audit Coverage
and Add Organizational Value
Clint McPherson & Cindy Hart, Protiviti

Objectives: Internal Audit groups are facing increased requirements for adding value in their companies in addition to maintaining their focus on key risks and essential controls.  Oftentimes, these requests occur while IA functions are also asked to keep costs constant and/or reduce their own costs as well.  To help meet this challenge, some organizations are looking towards expanding their usage of data analytics within their audit projects and plans.  When applied properly, data analytics affords internal audit functions with the opportunity to more broadly review controls and key company metrics than they’re able to do through traditional audit sampling techniques.

The purpose of this session is to share some ideas and examples of how data analytics can be used to provide both a broader coverage on certain internal controls and increase the opportunity for adding additional value to your organizations operations.

Clint McPherson is a founding Managing Director in Protiviti’s Dallas office with over 20 years’ experience in Internal Audit, Business Operations, and Information Technology.  Clint serves as co-leader of Protiviti’s Internal Audit and Financial Controls practice for the Dallas office.  Clint has extensive experience in the areas of internal audit, IT audit, corporate governance, operational assessments, and process improvement.

Clint holds a Bachelor’s degree in Finance from The University of Oklahoma and is a Certified Lean Six Sigma Green Belt, a Certified Internal Auditor, a Certified Information Systems Auditor, a Certified Project Management Professional, and is accredited in Internal Audit Quality Assessment and Validation. Clint currently serves on the Board of Governors for the Dallas IIA Chapter and is an active committee member of Autism Speaks. He also enjoys spending time with his wife, Tammy, and their two children, Joshua and Megan.

Cindy Hart is a Manager in Protiviti’s Dallas office with over 10 years of business experience working with a variety of organizations to enhance their business performance through internal audit, risk management, operational effectiveness, and enhanced governance.  Cindy focuses much of her time in the areas of Internal Audit and Sarbanes-Oxley compliance across a variety of industries.  Additionally, Cindy is also a Certified Investments and Derivatives Auditor (CIDA).

1 Hour Continuing Education

Post-Meeting 1:30pm - 2:30pm

Driving Value Thru Six Sigma
Roy Tanner, Celanese Corporation

Objectives:  Six Sigma is a business management strategy that adds value by minimizing variability in business processes and identifying and resolving the root causes of errors.  Key tenets of Six Sigma include the use of verifiable data as the basis for making decisions (rather than assumptions and guesswork) and focusing on achieving measurable financial targets.

In this session Roy will provide a forum for participants to discuss and share approaches to how Six Sigma can be leveraged to add value in business processes.

Roy Tanner is a Lean Six Sigma, MBB at Celanese Corporation.  He is trained and has been working in Six Sigma since the early 90’s applying Lean and Six Sigma tools to manufacturing and transactional processes at General Electric.  He then continued pursuit of process improvement with service related industries at ServiceMaster’s and currently applies them at a major Chemical company.

1 Hour 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_1110.htm.

The following are the current rates for our monthly meetings:

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.

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

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Preferred Method:

Place and confirm your reservation via the web site at http://www.dallasiia.org/Reserve_1110.htm.

Pamela Krakosky

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, October 29, 2010.

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.

Chapter News

CIA Programs

CIA Review Course

The Spring Review Course will be held April 8-11, 2011. For registration information on the September course, please see the website at  http://dallasiia.org/Certifications.htm.

New CIAs, CFSAs, and CCSAs

Dallas Chapter Members completing their examination requirements in April, May, or June of 2010 were honored on at the October 7th Dallas Chapter Luncheon.  Congratulations to the following:

Certified Internal Auditor® (CIA®)

John Bell
Yong Chen
Audrey Anderson
Kashena Sanchez
Cynthia Nguyen
Charles Epperson

Ireti Armstrong
David Guidry
Hasan Hussain
Pamela Shortreed
Raquel Phillips
Stephen Easterling
Michael Faulk
Nicole Thornburg
Phillip Jackson, Jr.
Bradley Cowger
Brock Harlow
Certification in Control Self-Assessment® (CCSA®)

Manchung Cheng
Sherry Leavitt

Audrey Anderson Jeneena Palms
Certified Financial Services Auditor® (CFSA®)

Phil Aslin


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.  A ceremony honoring those recipients is tentatively planned for January 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/.

IIA Research Foundation

The Institute of Internal Auditors Research Foundation (IIARF) encourages research of discovery, integration, and application along the broad areas included in The IIA definition that identifies internal audit as an integral part of an organization's governance, risk, and control processes.  The IIARF invites interested researchers to undertake research initiatives that promote thought leadership, create new knowledge, and offer innovative ideas for the internal audit profession.  Any research funded by The IIARF must clearly demonstrate a link to internal auditing and the specific implications for the profession.

The Foundation currently is seeking research in the following areas:

  • Risk Management
  • Auditing Organizational Governance
  • Internal Audit Technology Strategy
  • Fraud

If you are interested in these topics, please see their website for more information.  http://www.theiia.org/research/research-reports/topics-awaiting-proposals-for-funding/

2010 - 2011 Seminars
Updated 9/9/10

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)
Advanced Analytics Dr. Dan Kneer December 8-9, 2010 Texas Instruments
Continuous Control Monitoring Dr. Dan Kneer December 10, 2010 Texas Instruments
Risk Based Auditing: A Value Add Proposition TBD February 17-18, 2011 American Airlines
Advanced Operational Auditing TBD May (2 days) 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.

Dr. Dan Kneer's
Advanced Analytical Procedures &
Continuous Controls Monitoring

Class size is limited!

Date: December 8 – 10, 2010 (Wednesday through Friday)
Time: 8:30 am – 4:30 pm; Thursday check in begins at 8:00 am
Location: Texas Instruments
Texins Activity Center
13900 North Central Expressway
Dallas, TX 75234
Cost: Early Bird by October 31, 2010:
  $800 Advanced Analytical Procedures and Continuous Controls Monitoring
  $550 Advanced Analytical Procedures (December 8 -9, 2010)
  $350 Continuous Controls Monitoring (December 10, 2010)
After October 31, 2010:
  $900 Advanced Analytical Procedures and Continuous Controls Monitoring
  $625 Advanced Analytical Procedures (December 8-9, 2010)
  $375 Continuous Controls Monitoring (December 10, 2010)

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: Up to 24 credits:
  16 credits for Advanced Analytical Procedures
  8 credits for Continuous Controls Monitoring
Prerequisites: No advance preparation is required
Experience Level: All levels

Advanced Analytical Procedures: 

Upon completion of this course participants will be able to:

  • Apply multiple types of analytics.
  • Reduce audit costs by performing analytics ($0.05 test) versus tests of controls ($1 test) or substantive tests ($4 test).
  • Apply Promulgated Standards.
  • Adhere to the IIA Red Book and the GAO Yellow Book.
  • Run regression, hands-on, in Excel.
  • Introduce efficiency AND effectiveness into the audit process.
  • Learn why 99% of the Analytical Procedures used ay auditors are DOOMED TO FAILURE.
  • Assign a statistical confidence or reliability to our analysis.
  • Identify the business rules for core processes, and quantity the Critical Success Factors (CSFs) and related Key Performance Indicators (KPIs).
  • Demystify terms such as “curvelinear.”
  • Recognize the value of correlation analysis.
  • Utilize the Analysis ToolPak.
  • Understand multivariate regression.

Construct management dashboards for Continuous Monitoring.

Continuous Controls Monitoring:  Upon completion of this course participants will be able to

  • Cite and discuss the current literature regarding CCM.
  • Review the new COSO for Monitoring (2009) and new CobiT for Application Controls (2009).
  • Explain the necessary components of CCM.
  • Define and operationalize CSFs and KPIs.
  • Recognize the vast opportunities of embedded controls.
  • Differentiate between controls “placed in operation” and controls “operating effectively.”
  • Identify the embedded hooks in major applications (SAP, Oracle, PeopleSoft).
  • Realize the importance of “asking the right questions” to Business Unit Managers as regards to computerized controls.
  • Understand the resource requirements to get CCM off the ground.
  • Anticipate the potential obstacles to CCM.
  • Design continuous control monitors.
  • Determine that WE ALREADY HAVE most of the capabilities we need to facilitate CCM.
  • Explain why the necessary components of CCM are a 1-2 punch.
  • Discuss business cases of the 1-2 punch.
  • Consider CCM tactical and practical implementation options.
  • Review actual CCM “wins” and determine the low hanging fruit to go after.
Register: Register at Seminar_Reserve_120810.htm

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

Overview: Advanced Analytical Procedures (Intelligent Data Analysis for Fraud, Waste, Abuse, Process Improvement  and Audit Efficiency):  Audit practice and research has validated, over and over, that Advanced Analytics are 2000% cheaper than Tests of Controls and 8000% cheaper than Tests of Details. Yet, auditors rarely perform ADVANCED Analytical Procedures, merely using ratio analysis (which doesn’t really work). This seminar shows you the # 1 rated Advanced Analytical Procedure, useful for finding Fraud/Waste/Abuse, process improvement and reducing your work by 90%. And Advanced Analytics forms ˝ of the 1-2 punch of Continuous Assurance. Oh, by the way, this tool is ALREADY on your laptop!  This is hands-on training so make sure to bring your laptop and any version of Excel.

Continuous Controls Monitoring (Embedded Process-Level Controls in SAP, Oracle, PeopleSoft, etc.):  HOW to DO IT…Tactical and Practical. Everyone tells you to do monitoring, but no one shows you HOW to do it. Well it is not that hard! We will cover embedded application controls and modeling business rules, developing a Continuous Assurance/Continuous Monitoring system to reduce business risk, find fraud/waste/abuse and improve the control environment.  Your laptop is not required for this seminar.

Instructors: Dr. Dan Kneer:  http://www.dankneer.com/bio.htm
What to bring: Advanced Analytical Procedures - You will need to bring a laptop with any version of Excel.

Continuous Controls Monitoring – laptop is not required

Deadline: November 30, 2010 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 November 20 and November 30.  Refunds will not be granted after November 30 however, substitutions are permitted by notifying Pamela Krakosky.


Texas Instruments
13900 North Central Expressway
Dallas, TX 75234

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Membership Updates

New Ways to Network

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


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

The Dallas IIA Chapter would like to extend a warm welcome to our new members who joined the Chapter in September 2010:

September 2010 New Members

Alex Beckmann
Justin Moret
Traci Brittain
Brett Pinholster
Meghan Charles
Jesse Robertson
Keith Davidson
Javier Robles
Daniel Davis
Anindita Roy Bardhan

John Saggese
Shelly Fenton
Shaughn Simmons
Devin Fletcher
Siva Surkunalingam
Julia Golding
Keith Thomason
Melody Herrin
Jesse Edstrom
Danielle Tobin
Jason Kirk
Ann Vu
Heath Lindley
Jennifer Wagner
Jeffrey Littlejohn
Trey Walker
Brandon McMahon
Samantha Weeks
Elijah Metcalf
Addison Wootton

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 September 1, 2010. 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 31, 2010.

Don't Delay, Register TODAY!

The AHIA Regional Seminar in Houston on November 12, 2010 will include six sessions that cover a variety of current healthcare hot topics, risks, audit approaches and best practices.

Participants in the one-day event will receive 8 CPE credit hours. The cost of this event is $150 for AHIA members and $195 for non-members.

Take advantage of the group discount - submit the first registration from your organization at regular price and receive $25 off each additional registrant from your company/organization. Each registrant must register separately.

To see program details and to register for the event, use the following link: http://ahia.org/seminars/index.shtml  Then click on the 2010 AHIA Houston Regional Seminar link.

Employment Opportunities

Metro PCS  (10/18/10)

Senior IT Auditor
(or Dream Job)

At MetroPCS, we’re always looking for a better way. A bigger idea. A bolder approach. That’s why we need people who see the world the way we do…filled with endless possibilities. If you have what it takes to lead in every sense of the word, we should talk about how your future can impact ours.

MetroPCS Wireless, Inc. was formed in 1994 to provide an affordable, simple to use wireless service for customers in metropolitan areas seeking an alternative to traditional landline or wireless service. We seek a Senior IT Auditor to lead and participate in engagements under the direction of the IT Audit Manager and/or Audit Manager.

  • Lead and participate in engagements to ensure compliance with department policies and procedures, professional standards, and to ensure work is completed according to the stated engagement objectives and within the expected timeframes
  • Ensure oral and written communications clearly and effectively convey engagement objectives, evaluations, conclusions, and recommendations such that a non-technical uneducated reader could understand the control weaknesses and related risk exposure
  • Communicate audit findings to the audit client and work with management to identify potential corrective action
  • Complete audit plan assignments efficiently, within budget and estimated target dates while still maintaining a high level of effectiveness
  • Assist the Internal Audit Managers and the Chief Audit Executive in conducting special investigations, special projects and administrative projects
  • Identify significant risks impacting the organization's objectives, operations or resources for input to the development or revision of the annual audit plan
  • Keep department management informed of organizational and technology changes discovered during engagements and networking with personnel
  • Develop and maintain productive client, staff, and management relationships through individual contacts and group meetings
  • Maintain technical competency by keeping current with internal audit, internal control, regulatory, general business and technological developments, and pursuing opportunities for professional development for self and the department

The ideal candidate will have a Bachelor’s degree in Information Systems, Computer Science, Business, Accounting, Finance or related field; will consider a non-business degree with the appropriate audit experience, or equivalent related experience/education.

  • 5 years of internal audit experience
  • Possesses one or more professional certifications (i.e., CISA, CISSP, CIA, CPA, CFE)
  • Retail audit and telecommunications industry experience is strongly preferred
  • Experience with an automated work paper system (TeamMate, Paisley GRC, etc.) and data analysis software (ACL, IDEA, etc.) is strongly preferred
  • Ability to travel domestically up to 20%. Historically, travel has been less than 5% and is expected to remain at that level

Set your sights on serious career advantages. We offer the best in benefits at reasonable premiums, including health coverage, dental and vision discounts, life insurance and AD&D, paid wireless phone service and excellent career growth opportunities.



Texas Guaranteed  (10/14/10)


Subprocess: Internal Audit
Min. Starting Salary: Commensurate with Experience
Job Number: 094/10
Application Deadline: Open Until Filled
Posting Date: July 21, 2010

The Chief Audit Executive carries out the purpose, authority and responsibilities as identified in the Internal Audit Charter approved/reaffirmed by the Texas Guaranteed (TG) Board of Directors and President.  The CAE reports functionally to the Board Audit Committee and administratively to the President/CEO. Works independently with extensive latitude/autonomy for initiative and professional judgment.


Graduation from an accredited four-year college or university with a major in accounting, business, or related field.  The position requires a Certified Public Accountant (CPA) or a Certified Internal Auditor (CIA) and Certified Information Systems Auditor (CISA) designation.


Minimum 10 years progressively responsible auditing/accounting /management experience (5 years of auditing and 5 years of supervisory experience is required).  Must possess demonstrated managerial, interpersonal, and excellent written and oral communication skills.  Must possess a broad based knowledge of development, implementation and evaluation of performance measurements.  A strong financial accounting background in conjunction with practical financial statement analysis skills is essential.  Must also possess technical competence in auditing procedures and knowledge of appropriate laws, regulations, policies and procedures.  Must have a broad based knowledge of Federal/State student assistance regulations/programs with emphasis on the management processes that guide and control these programs.  General knowledge of alleged fraud awareness, detection, prevention and investigation is required.  Must possess general knowledge of information systems that includes at a minimum the following: project management, systems development life cycle, security ecommerce/ebusiness, primary risks and controls.  Must be knowledgeable regarding governance, risk and control as the areas relate to organizational performance/operations/processes/activities.

Resumes will not be accepted without a completed TG application
TG is an Affirmative Action/Equal Opportunity Employer.

Lennox International, Inc.  (10/13/10)

Lennox International is seeking a new Senior Auditor to join the Corporate Audit team in Richardson, Texas.  This position is open due to internal promotion.  The senior auditor will participate in business process, financial, compliance and integrated audits at domestic and international locations for the purpose of identifying opportunities for process efficiency improvements and correcting weaknesses in internal controls.  This position will assist in the following:

  • Performing risk assessment at a project level
  • Planning and coordinating audit projects
  • Evaluating process design and operational effectiveness of controls (performing internal audit reviews)
  • Developing recommendations
  • Communicating audit results to auditees and management

Candidate must demonstrate a confident and well-developed communication style, both oral and written, that establishes credibility and facilitates clear understanding of audit issues and influence change, where appropriate.

Candidate should be an experienced auditor, possessing highly developed project management skills with focus on timely completion of tasks and the ability to identify and assess a changing array of risks.

Job requirements are as follows:

Basic Qualifications
  • Bachelor's degree (Finance/Accounting, or related field)
  • Advanced degree desired
  • Four+ years of relevant experience
  • CPA and/or CIA certification
  • Internal Audit/Consulting experience with Public Accounting (Big 4) or Fortune 500 Company
  • Financial and Operational auditing, including creation of flowcharts
  • Experience in a manufacturing environment strongly preferred (experience with Lean or Black Belt projects a plus)
  • Ability to travel 30% to 50%, both domestically and internationally, required
  • Candidates must be US citizens or permanent residents to apply for this position
  • There are no relocation benefits for this position
Additional Qualifications
  • An independent self-starter with a professional image and manner, strong work ethic, high degree of motivation, proven track  record and the ability to contribute positively to the team
  • Exhibit initiative, strategic thinking, business acumen, critical analysis skills, and creative problem solving abilities
  • Superior communication abilities, both oral and written 
  • Strong project and time management skills
  • Knowledge of SAP, MS Visio (or other flowcharting tool), ACL, and advanced Excel skills desired
  • Ability to work in cross-functional teams with sensitivity to client service
  • Working knowledge of GAAP, COSO, SOx, and internal control systems
  • Knowledge of change engineering, quality processes, standard costing, and manufacturing accounting a plus
About Lennox International
Innovate your career

When you choose Lennox International, you know you're getting the best.  That is why when you work at Lennox International, you know you are among the best.  As a leading innovator of home and commercial, heating, cooling, refrigeration, air-quality, and related services, Lennox International is committed to helping our people innovate our products and their careers.

Join over 12,000 employees worldwide who build our heritage of integrity and innovation. At Lennox International, we make your home, your businesses, and your work, a better place.


Lennox International offers an excellent salary and benefits package including 401(K) and profit sharing plan. Our health benefits include medical, dental and vision insurance. Lennox International also offers employees basic life and AD&D insurance, a scholarship program and employee tuition reimbursement.

Qualified candidates should apply online at www.lennoxinternational.com/careers/default.htm or contact Darta Burns at darta.burns@lennoxintl.com.  Lennox International, Inc. is an Equal Opportunity Employer.

Overhead Door Corporation  (10/8/10)

Pay it forward if you know someone that might be interested!

In exciting times, with the merging of two great industry leaders in the garage door industry (Overhead Door and Wayne Dalton) fantastic opportunities exist for qualified finance professionals. With a large and rapidly expanding economic, commercial, and residential customer base, Overhead Door is the place of developmental opportunities. What a rare chance to contribute to the progress of a great area while soaking up an idyllic environment that you’ll never want to leave!

What does Overhead Door have to offer?
At Overhead Door Corporation, we recognize people as the core of our strength.  That’s why we provide a comprehensive benefits package to our employees, including medical, dental and life insurance.  Employees also enjoy the freedom of optional benefits suited to their needs and lifestyles, so they take home benefits that are customized for them.

  • Health and Dental – 2 options
  • 401K Match
  • Profit Sharing
  • Company Paid Life and Disability
  • Education Assistance
  • Employee Purchase Program

Audit Background? Then look no further. Exciting Internal Audit positions are available and we want to hear from you!

We're currently looking for an Internal Auditor in Lewisville, TX with a public accounting background, CPA (or eligibility) and ability to travel 30-50%.  You will thrive in a multi-disciplinary team dealing with a broad range of development related challenges.  With a broad knowledge of financial and operational audit practices, you will jump at this chance to be part of an effective team delivering results.

If you or someone your know is interested in this opportunity, please contact me at heather_gradke@overheaddoor.com.

Thank you!

Prodigy Placements  (9/27/10)

Our client, a Fortune 500 company is looking to add an Internal Audit Manager to their team! They have been named a “best in place to work” company for more than two years in a row! This position is open due to growth!


  • 33% SOX compliance – 67% risk based operational audit
  • Manage a team of 5-6
  • Coordinate and assign project tasks
  • Oversee audits to verify accuracy, compliance with standards as well as policies and procedures
  • Compiles audit findings and develop recommendations for areas of improvement
  • Write reports and document findings
  • Make suggestions for improvement of audits, including suggestions to automate the process of the audits
  • Manage recommendations for improvements to systems and procedures
  • Interpret policies/procedures and apply accounting standards to test and evaluate complex financial records and operational systems
  • Travel 25-30%


  • 4+ years successful internal controls evaluations and/or financial audit
  • 2+ years previous supervisory experience
  • Detailed knowledge of the Sarbanes Oxley Act and COSO
  • Bachelor’s degree in business, accounting, finance or related field
  • CPA and/or CIA
  • At least 2 years of Big 4 experience


Todd K Baker
VP Search & Operations
Prodigy Placements
214-540-6664 office
214-693-7919 cell
Join me on linked in:

Safety-Kleen Systems, Inc.  (9/27/10)


Are you looking for a challenge? Does working for an industry leader with a tradition of environmental commitment and service excellence sound like the challenge you are seeking? Consider joining the talented professionals at Safety-Kleen Systems, Inc., where a commitment to excellence is deeply rooted in a strong sense of tradition. Safety-Kleen Systems, Inc. entire business model has revolved around keeping North American businesses Green. Not only do we help them resolve their waste management needs, we help reduce their carbon footprint at the same time. That's how we MAKE GREEN WORK. ™

From our modest beginnings in the late 1950's, Safety-Kleen has grown into a world-class environmental service organization and market leader in industrial hazardous waste management, parts cleaning technology and oil re-refining. We generate more than U.S. $1 billion in annual revenue and our 4,200 employees continue to build on our history of innovation by developing new products and services to meet the changing needs of more than 330,000 customers across the United States, Puerto Rico, Canada and Mexico.

Help Safety-Kleen Systems, Inc. has an immediate opening for a Senior Internal Auditor in Plano, TX. This individual adds value to business units, functions and departments by performing operational, financial and compliance audits, providing guidance on risk and related control activities, including control design and operational effectiveness, preparing draft reports for Internal Audit Management review. The Senior Auditor collaborates with process owners and management and reports and / or gives presentations in a professional manner, working closely with Internal Audit Management.

This individual will be responsible for engaging in risk-based audits in complex/specialized processes and functional areas, preparing clear and concise audit documentation, including drafting findings and recommendations for improvement in selected areas within the organization. The Senior Auditor works with Internal Audit Management and audit staff to assess the adequacy of internal controls in alignment with Company objectives, including SOX 404 compliance. Completes assigned tasks with minimal supervision, and assists in coaching of peers to deliver quality work product, adding value to the department and company.


  • Plans engagements by obtaining sufficient knowledge of the business and/or functional process under review.
  • Provides appropriate level of audit evidence and work paper preparation to support observations, conclusions, and recommendations.
  • Ensures projects are in compliance with established standards and methodology.
  • Conducts/organizes exit conferences with management following completion of review
  • Reports findings to process owners and managers and Internal Audit management.
  • Evaluates process needs and opportunities for improvement and performs appropriate follow-up.
  • Effectively utilizes information technology tools.
  • Projects a positive and professional image and serves as a professional role model for peers and others.
  • Assists the Internal Audit Manager in enhancing relationships with internal management and external auditors.


  • Bachelors Degree in Finance or Accounting required.
  • 5-7 years experience in external and / or internal auditing.
  • CIA certification required, CPA highly desirable.
  • Sound project management skills as evidenced by performing multiple, simultaneous audits, or equivalent engagement/project experience.
  • Strong analytical skills and knowledge of IIA Standards and / or GAAP.
  • Direct experience performing Sarbanes-Oxley Act 404 audit planning and testing. Excellent written and oral communication / presentation skills.
  • Excellent knowledge of Excel, Word, PowerPoint, Access, Visio and ACL. Experience with SAP highly desirable.
  • Ability to travel at times with short notice, up to 30

Safety-Kleen offers career training and growth opportunities. We offer a competitive pay rate and benefits packages that includes medical, dental and vision insurance; prescription drug coverage, disability benefits, life insurance, retirement savings plan, confidential employee assistance program; company-paid sick time, holidays and vacation time.

Safety-Kleen Systems, Inc. is an Equal Opportunity Employer. M/F/D/V encouraged to apply. Employment is contingent upon a successful background check and drug screen. Some positions also require a pre-hire medical exam. Must meet all work eligibility requirements. Environmentally-responsible business.

If you would like your employment opportunities to appear in this space or in the newsletter, eNews, please contact Chad Duncan at advertising@dallasiia.org.

This page was last updated on Thursday, February 19, 2015 at 03:22 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 03:22 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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