The President’s Letter
Happy Holidays to each of you!
Before you leave for the Thanksgiving holiday please take
a moment to look at the seminar we have coming up on
November 29th. This 8 hour class will provide an overview of
several Integrated Auditing concepts including general and
application controls, and how to integrate the audit program
with IT controls. This topic is important not only for IT
auditors but also for general auditors. The cost is only
$150 and the location is the Doubletree Galleria Hotel –
centrally located, great topic, and great price! We have
extended the registration deadline to Monday November 26 for
anyone on vacation this week.
2008 Meeting Rate Increase
The lunch meeting fees for 2008 will be increasing by
$10, the new rates will be $35 for members who register on
time and $45 for non-members and walk-ins. The Chapter has
not changed the fee in 10 years, but since our costs to host
the meetings have been steadily rising it is necessary for us to finally pass the increased cost along to
the attendees. This rate covers the cost of the meal only. The Chapter covers all speaker costs and
since 2006 has budgeted approximately $5,000 each year to
bring high quality speakers to the meetings!
This is still an incredible value for three hours
A very special award was presented at the last
meeting - Walter Lowe was presented with the prestigious
William S. Smith Certificate of Honor Award from the IIA.
The William S. Smith Certificate of Honor is presented to
the 25 candidates with the highest scores following
those of the gold medalist and Certification of Excellence
recipients. Congratulations Walter – We are proud of you!
Mark your calendar for our next luncheon meeting which will be held on January
10th and make a note of the new location: the Renaissance Richardson Hotel! More information
on this meeting will be coming out in December.
Enjoy the holiday season, spend time relaxing with
friends and family and we will resume Chapter meetings on
2007-2008 President - Dallas Chapter IIA
Next Meeting - Thursday, January 10, 2008
Renaissance Richardson Hotel
No monthly meeting in December
Look for more info in the next eNews
The Dallas IIA is pleased to be presenting “Integrated Auditing” for the
November 29th, 2007
Doubletree Galleria, Dallas
$150 for members, $175 non members
Seminar 8:30am – 5:00pm
Registration begins at 8:00am
8 credit hours
Make your Reservation On line! Deadline to
register is November 26 at 5:00PM.
Contact Marie Kaucher at 972-446-4973 or firstname.lastname@example.org
Understanding the nuances of Information Technology is vital to understanding
the risk and control environment of any industry. This one day seminar
will provide an overview of general and application control concepts, and how to
integrate the audit program with IT controls.
- IT and the Audit Organization
- Financial Auditing
- Education – Accounting/CPA
- Lack of IT control principles
- CISA – 200 multiple choice questions
- IT Auditors
- IT experienced individuals – learn Audit & control principles
- Financial auditors – learn Information Technology ‘principles’
- low tech versus high tech elements
- IT scope is too broad
- Operating systems – Windows/UNIX/etc.
- Integrated Audit
- Add low tech skills to Financial audit staff
- Devote IT Auditors to hi-tech issues
- Team auditing
- application/system reviews
- compliance assessments – SOX
- IT audit risk
- Risk assessment of new technology
- Team audits or IT audits related to business risk
- IT Controls 101
- General controls –what do we know about the GC environment? Who can do what?
What are critical functions of business process & how does the system work?
- Low tech examples
- Hi tech examples
- Application controls –what technology is used to achieve the requirements of the
business process? Is this technology vulnerable? (i.e. wireless PO entry)
- Lo-tech examples
- Hi-tech examples
- End User Controls
- IT principles applied
- Audit techniques
- Art or science
- every situation can be different based on development and infrastructure choices
- Integrate control review into program development cycle
- Show me … not tell me
- eliminate the ‘snow job’
- How to recognize when the water’s too deep
- are there gators in there, too?
- go from not possible to gotcha
- What to do if …
- purchased software
- service organization
- The Big 3 controls – priority issues in most audits
- controls over change
- access controls
- data management
- Computer assisted audit tools
- Creating the solution
- financial audit responsibility?
- IT Auditing staff?
- Is this an ongoing need
- Resources for specific control issues
- volunteer contributions
- white papers
has over 25 years experience in Information Technology and IT
Auditing. He is a specialist in Sarbanes-Oxley IT Control
Assessments and IT Auditing.
Rod started with Caterpillar Inc. in
1967 and held various positions in IT and IT Auditing before
retiring in 2000. His most recent assignments were Project Manager
for SAP implementation in Northern Ireland (1998-2000), Information
Technology Manager for Caterpillar France (1994-1998) and Corporate
IT Audit Manager (1990-1994).
As the first Corporate IT Audit
Manager he reported directly to Corporate General Auditor. He
assisted in the planning and direction of the Corporate Audit
department through the implementation of the ADM Plus software. He
was solely responsible to plan the activities and direct eight staff
auditors specializing in information technology. He was responsible
to identify security and control exposures in software, hardware and
administration, in the worldwide, Caterpillar IT environment. This
scope included the central data center and all domestic and foreign
subsidiaries, including IBM and DEC mainframes, PC's and the
worldwide telecommunications network. He performed audits in more
undefined areas such as major new software and where radical changes
are occurring in functional responsibilities (i.e. due to facility
modernization programs and reorganization into Business Units) and
performed information technology audits at key facilities. He was
responsible to determine policy requirements in the security and
control of information technology resources. He defined critical
issues (such as encryption and improved authentication) and
communicated to all levels of management.
From 1980 to 1990, Rod
worked at various levels of responsibility within the Corporate
Audit department, starting as the first IT Auditor for the company.
He progressed to Supervisor and then Manager (see above). At all
levels of responsibility Rod performed major IT audits of critical
business units and new technology. He also was relied upon to
identify the new developments that posed control concerns for the
company and audit those developments in various stages of
From 1967 to 1980, Rod worked in various responsibilities and
locations within the IT function, including systems programming,
software development, user training and liaison, and large scale
With Caterpillar Inc. he had extensive experience
in manufacturing and logistics and as a consultant has had
experience with manufacturing, medical and telecommunications
Rod graduated from the University of Wisconsin-Milwaukee
with a BBA in production Management and earned an MBA from the
University of Wisconsin-Milwaukee in 1975. He passed the Certified
Internal Auditor exam in 1993.
Mark your calendars:
Spring CIA Review with Dr. Glenn
Sumners will be held February 15-18, 2008 at UTD-SOM.
Annual Fraud Seminar will be held
March 28, 2008 at a site TBD.
Dallas Chapter Leadership Roles
The Nominating Committee is in the process of identifying
candidates to serve as Officers and Board of Governors for the
Dallas Chapter for the year beginning June 1, 2008. Most Officers
have previous volunteer experience serving as Officers and/or
Committee Chairs/Members. And members of the Board of Governors are
made up of past Chapter Presidents and CAE’s/Audit Directors/ Senior
Managers. Some of the attributes that make a successful leader are:
- Passion for the profession
- Team builder with determination, vision, and strategic
- Available, willing, and committed to serve
- Competent and professional experience in internal auditing
- Committed to The IIA and Dallas Chapter’s objectives
- Have integrity and lack of conflicts of interest
- Have support of the employee
- Proven record of attendance and volunteering in The IIA or
If you are interested in serving in a Dallas Chapter leadership
role, simply complete the online Candidate Information Form at
http://dallasiia.org/Candidate_Information_07.htm. The deadline
to complete the online form is December 31, 2007.
If you have any questions or would like to discuss serving as an
Officer or member of the Board of Governors, please contact Pamela
Krakosky, Nominating Committee Chair, at
IIA Research Foundation
The Research Foundation sponsors an annual contest for chapter
research projects. For 2007 the Dallas Chapter won first place for
their research project entitled Insider Trading from the Internal
Auditor’s Perspective, which was authored by Mary Curtis and Julius
Mwangi. The Austin chapter won second place for its research
entitled Survey on Audit Committee Relationships: A Research
Project. These and other chapter research projects (dating back to
2001) are available free for downloading from the IIA website at:
Congratulations to the Newest CIA’s, CCSA’s, CFSA’s, and CGAP’s!
A ceremony honoring the Dallas Chapter’s newest CIA’s, CCSA’s, CFSA’s, and CGAP’s was held on November 1, 2007.
Congratulations to the following for passing the exams!
Certified Internal Auditor® (CIA®)
Robert T. Alexander
Ambrose Chukwudi Ayati
Eric Alan Blackman
Trudy A. Casteleiro
Jeannine Renee Couvillion
Stephen J. Crews
Guyton J. Gagliardi
Mauricio A. Gomez
Patricia E. Hawkins
Sheri P. Kowalski
Shakeya Antoinette McDow
Leah Elena Muriel
Kenneth G. Trees
Lou Ann Viergever
|Certification in Control Self-Assessment® (CCSA®)
|Certified Government Auditing Professional® (CGAP®)
|Certified Financial Services Auditor® (CFSA®)
R. Bryan Coleman
|Passed Exam, Awaiting Requirements
|Walter Lowe (Certificate of Honor)
Katie Elizabeth Odum
|Susan Kathleen Smith
Special Congratulations to Certificate of Honor Awardee!
Special congratulations go to Walter Lowe for earning the
prestigious William S. Smith Certificate of Honor Award from the
IIA. The William S. Smith Certificate of Honor is presented to the
25 candidates with the next-highest scores following those of the
gold medalist and Certification of Excellence recipients. For more
information and award winners, see
Mark your Calendars
The next Dallas Chapter review courses, featuring live training
by Dr. Glen Sumners of Louisiana State University, will be offered
as follows at UT Dallas:/p>
- February 15-18, 2008
- September 5-8, 2008
Reminder…New Computer-based Testing Begins February 2008
Visit the IIA’s web site for more information:
The IIA Announces New CIA Exam Preparation Materials
If you are planning to take the CIA exam this year, now is the
time to begin preparing and there’s no better way than through The
IIA CIA Learning System. Orders will begin shipping April 1, so
place your order today. Visit
www.learncia.com or call +1-877-442-2425.
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 November 1. 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 December 15, 2007.
Are you currently in the job market either voluntarily or
involuntarily? Let the Employment Committee help you. Send us your
resume and we will include you in our resume database. We receive
calls from recruiters and hiring managers for open positions and
will forward your resume if there is a match. We get calls for staff
to director levels, IT to finance, local to out of town. All
inquiries will be handled confidentially.
If you have any questions, please contact Greg Dubis at 972-431-5946 or send him
an e-mail at
email@example.com. We look forward to helping you.
Griffin Consulting Search Group (11/19/07)
Is an Independent Boutique Recruiting Firm that has specialized in
the recruitment & placement of Accounting and Audit Professionals for
over 10 years in the DFW area. We are currently seeking Audit
professionals for the following positions:
Internal Audit Manager- to $120K +
Senior Internal Auditor- to $80k + bonus
CLIENT INFO: An international engineering,
construction, services and investment group listed on the London
Stock Exchange with a market capitalization of approximately
$4bn. Following a significant acquisition earlier this year, the
US operations now account for approximately 25% of Group
revenues. This has resulted in the need for 2 additional audit
resources to ensure audit delivery across all of the US
operating companies. Positions will office near DT Dallas.
- Require ability to work independently and to travel up
to 75-80% the first year, mainly to Tier I and II US Cities
- Minimum 3+ yrs Audit experience -Experience in
Construction industry and CPA or CIA certification preferred
Senior Internal Auditor- $60- 80k- North
CLIENT INFO: Fortune 50 company, and one of the
largest Distribution companies in the world.
POSITION SUMMARY: Under general direction of the
Internal Audit Director, responsible for performing audits at
the distribution centers and various other audits within
specific functional areas in order to ensure compliance with
company and regulatory requirements and standards. Internal
Audit offices will be moving from Addison to Frisco in 2008.
- Must be willing to travel approx 35-40% -Must have 2+
years Audit experience.
- Professional certification and Retail or Distribution
exp a plus
To apply online or to see a list of our other current openings please
visit our website at www.gcsearchgroup.com.
We look forward to hearing from you!
Michelle Griffin, CPA, Principal
Delong Consulting Services, L.C. (11/1/07)
DELONG CONSULTING SERVICES, L.C.
Delong Consulting Services, L.C. is a leading provider of outsourced
internal audit services to financial institutions in the Dallas/Fort
Worth Metropolitan area. The Company was established in 1996, and
provides services to twenty banks/thrifts with assets ranging from $100
million to $3 billion. The Company provides a professional
atmosphere, with the benefits of working for a small company.
We are currently seeking an Audit Consultant located in North Dallas,
to conduct internal audits of our Dallas clients.
- Conducting internal audits
- Developing and updating SOX design
- Developing and updating internal audit SOX testing
- Presentations to Senior Management of clients
- 0 – 5% travel
The qualified individual should possess:
- Internal audit experience, preferably in a bank environment
- Excellent oral and written communication skills
- Works well individually
and with others
- Bachelors degree in Accounting or Business
- Excellent salary
- Outstanding working
- All bank holidays
- Company matching
- Medical and life
Qualified candidates should send their resumes via e-mail to
firstname.lastname@example.org or fax (817) 318-0513.
Audit Specialist I – II
Plans, directs, and completes complex audits of TXU Retail and/or
Luminant Energy activities, utilizing sophisticated audit and risk
management techniques to perform required duties. This position will
primarily perform process audits and compliance reviews, and will be
involved in the evaluation and development of controls associated with
Key accountabilities include
- Through interviews
and research, gain an understanding of the activities being audited,
and document the process.
- Develop the audit
objectives and scope, and communicate them to the client.
- Assess the risks
associated with the activities being audited, evaluate the controls
designed to manage them, test the controls for compliance, issue
recommendations to close control gaps, and prepare the audit report.
- Produce work papers
and reports that are consistently well organized, accurate, clear
- Obtain client
ownership for recommendations stemming from the audit.
- Participate on task
force and project teams, such as business process improvements,
systems development, etc., and provide controls consulting.
- Help develop an annual
risk-based audit plan.
- Bachelors degree in
Accounting or other appropriate discipline.
- Five to ten years of
relevant audit experience desired.
- Knowledge of (1) retail
business processes and systems or (2) commodity risk terminology,
control activities and measurement techniques is highly desirable.
- Graduate degree in a
business discipline and/or certification (CPA, CIA, etc.).
To Apply go to www.TXUCorp.com
or email resumes to email@example.com
Energy Future Holdings Internal Audit
Phone: (214) 812-3632
Children’s Medical Center Dallas (10/29/07)
Senior Internal Auditor
Children’s Medical Center Dallas is currently seeking a Senior
Internal Auditor for our Internal Audit Department. Internal Audit
reports to the Chief Compliance Officer and the Audit Committee of the
Board of Directors. This position will report to the Manager of Internal
Audit and will be required to:
- Develop audit programs to conduct financial and operational
- Document and evaluate operational risks and related internal
- Draft audit reports and make recommendations to improve the
efficiency and effectiveness of internal controls or business
- Perform follow-up procedures to evaluate the status of
- Assist the Compliance Department with special projects.
The ideal candidate for this position will be a CPA with a
combination of Big 4 public accounting and internal audit experience.
Qualified candidates must possess the following:
- Bachelor's Degree in Accounting required.
- Master's Degree in Accounting or MBA Preferred.
- 3-5 years recent public accounting or internal audit experience
- CPA or CIA certification required.
- Ability to plan and complete audits in accordance with
International Standards for the Professional Practice of Internal
Auditing, within established deadlines.
- Ability to interact professionally with all levels of
- Ability to step back from details and consider the "big
- Advanced knowledge of MS Office (Access, Excel, PowerPoint and
- Knowledge of flowcharting software (Visio) preferred.
Children’s Medical Center Dallas is a private, not-for-profit
hospital that is the only academic healthcare facility in North Texas
dedicated to the comprehensive care of children from birth to age 18. As
the primary pediatric teaching facility for the University of Texas
Southwestern Medical Center at Dallas, the medical/dental staff at
Children’s conducts research that is instrumental in developing
treatments, therapies, and greater understanding of pediatric diseases.
Children’s is licensed for 411 beds, has more than 50 subspecialty
programs and is the only pediatric hospital in the Southwest with a
designated Level I trauma center. To better serve the region’s growing
pediatric population, the 72-bed Children’s Medical Center Legacy will
open in 2008 in Plano, Texas. Children’s enjoys a stellar reputation as
one of the finest pediatric facilities in the United States. The Joint
Commission awarded Children’s an “outstanding” ranking, and both U.S.
News & World Report and CHILD magazines have named Children’s as one of
the nation’s top pediatric providers. In 2006, the Dallas Business
Journal recognized Children’s as a “Best Place to Work.” Children’s
makes life better for the patients it sees during more than 340,000
visits each year.
Please apply on line at
www.childrens.com. The position is No. 5400 and is posted under
Careers/Professions/Auditing… Questions may be addressed to
Equal Opportunity Employer
Guaranty Bank (10/19/07)
Guaranty Bank ("Guaranty") is an $18 billion full service bank with
more than 149 offices in Texas and in California. Guaranty offers a full
range of consumer deposits and loan products. Additionally, Guaranty is
nationally recognized as a real estate lender and a provider of
financing programs for middle market companies. Guaranty provides
homeowners with mortgage products through correspondent and retail
lending programs. Guaranty Insurance Services, Inc. ("GISI") and its
related entities offer a comprehensive range of financial products and
services, including personal and commercial lines, annuities, life and
health insurance, and risk advisory services. GISI is ranked in the top
1% of insurance agencies in the nation and is the second largest in the
state of Texas.
The purpose of this position is to plan, perform, and/or supervise
audit projects as assigned by audit management. These audit projects
will verify through test procedures that Guaranty Bank and its
subsidiaries have established and are maintaining an adequate system of
internal controls and are complying with documented policies,
procedures, laws and regulations applicable to these entities. Primary
responsibilities include planning assigned audit projects addressing
such areas as auditee communications, scope determination, staff
assignments, deadlines, project updates with audit management; Preparing
or supervising preparation of appropriate systems documentation,
identifying established internal controls; Determining and applying, or
supervising application of necessary audit procedures to verify
compliance with established policies and procedures, as well as laws and
regulations pertaining to Guaranty Bank and its subsidiaries;
Documenting, or supervising documentation of audit procedures and test
results appropriate for review by audit management and third parties,
including but not limited to regulatory agencies of the bank and its
subsidiaries as well as the bank’ s external audit firm; Preparing
formal reports on all completed audits for issuance to executive
management and the Audit Committee of the Board of Directors; Assisting
on the annual Sarbanes-Oxley Section 404 project and the annual
financial audit of the bank and its subsidiaries.
Bachelor’s degree required with a minimum of 9 hours of accounting.
An Accounting degree is a strong plus. Minimum three to five years of
relevant audit experience is required that demonstrates a working
knowledge of the principles of accounting as well as audit and business
concepts. Professional certifications related to the audit field are
preferred. The Certified Public Accountant (CPA) designation is
considered the primary certification of interest, with the Certified
Internal Auditor (CIA) and Certified Bank Auditor (CBA) also considered.
Candidate must have the ability to supervise lower level audit staff on
a project basis as well as the ability to interact with other internal
auditors, external audit firm, or regulatory agencies and personnel
receiving audit coverage. Ability to communicate effectively both
verbally and in written format to all employee levels, including
executive management is required.
Please visit our website a
www.guarantybank.com, click on “career opportunities” and apply to
||Manager / Senior Manager – Internal Audit Services
||Dallas / Fort Worth
|Type of Company:
||Banking and financial services
SolomonEdwardsGroup (SEG) is a leading business consulting and
accounting services provider, delivering proven solutions to complex
business issues in areas such as corporate performance management,
enterprise risk management, internal audit, regulatory compliance,
transaction services, system integration support, SEC advisory services
and business process improvement.
SEG is a high-growth, private company that has expanded into the Dallas
/ Fort Worth market and continues to build our local team. We are
seeking to hire a Manager / Senior Manager for our Enterprise Risk
Management (ERM) practice.
Our ERM practice focuses in the following
- Internal Audit Outsourcing and Co-sourcing
- Compliance, Financial,
Operational and Information Technology audits
- Sarbanes-Oxley Advisory
- External Assessments of Internal Audit Departments
Ideal candidates are currently or have served as audit managers
with banking/financial services experience. Big 4 experience is a plus
but not a requirement. The candidate's audit experience must include
both financial and operational audits. Our strategy is to target
high-caliber candidates and offer them the ability to continue
developing their career as a key member of our high performing team with
competitive salary and benefits while offering increased work / life
balance and the ability to have an impact on our clients and our
organization. These positions qualify for a stock option grant and
- Bachelors Degree in Accounting,
Finance, or Business; advanced degrees are highly desirable
- CPA experience a strong plus
- Financial services,
especially banking or lending experience
- Strong analytical,
interpersonal, oral and written communication skills
Send resume to
LLC (SEG) is a national CFO services firm built to support all of the
non-attest finance, accounting, audit and consulting needs that
typically fall within the scope of the CFO and their organization. We
recognize in today’s finance and accounting environment that resources
are limited and risk and responsibilities are never ending. Our model
and expertise uniquely bring talent, perspective, and action to address
your most pressing challenges related to talent management, accounting
and finance operations, risk and regulatory compliance, and strategic
performance. SEG Business consulting and advisory (BCA) services
include SEC advisory, complex transaction research, Sarbanes-Oxley
compliance, corporate governance, regulatory risk and control, internal
audit co-sourcing, IT audit, fraud and forensic services, financial
process optimization, business decision support, close acceleration,
planning, budgeting, consolidations and management reporting design
enhancements, and system implementation support and data validation
Founded in 1999, SEG has nine offices across the country
including its corporate headquarters in suburban Philadelphia, Atlanta,
Boston, Chicago, Dallas/Fort Worth, Houston, Kansas City, North New
Jersey, and Washington, D.C.
An exciting opportunity to advance your career with the World’s Most
Admired Telecommunications Company, AT&T. As a Corporate Auditor you
will be responsible for planning and performing reviews of business
operations and evaluating internal controls that result in
cost-effective, value-added audits. Additional challenges include
developing innovative audit plans based on risk analysis, testing and
evaluating key business controls and communicating audit results to
various levels of management. This position allows exposure and
potential transition to other business units within AT&T across a wide
range of operations and locations. There is 10-20% travel associated
with this position.
Qualified candidates have a minimum of 2 years
experience in Public or Industry audit along with a functional business
understanding in some of the areas of sales, finance, procurement,
billing, inventory management, risk analysis, information systems,
network, marketing, customer service and operations. The selected
candidate will have strong critical thinking and analytical skills
coupled with strong interpersonal, oral and written communication
expertise. Proficiency in Microsoft Word and Excel along with the
ability to adjust to a constantly changing environment are necessary in
this role. The final candidate will also possess a Bachelors degree in
Accounting, Finance or Business; however, a CPA, CIA, or CFE is most
At the AT&T family of companies, our success depends on the
determination and dedication of our employees, and it's important that
our employees know we value them. We recognize that work is just one of
many important things in your life and your needs may change over time.
So we've designed a benefits package that allows our employees to plan
for their future, offering protection and value today and tomorrow.
Not only does the AT&T family of companies offer excellent compensation
packages, but we also have outstanding benefits (medical/dental/vision
insurance, education assistance, family care benefits, pension, savings
plan), and an environment conducive to personal and professional growth.
If interested, please submit your resume to
firstname.lastname@example.org. Please reference
Dallas, TX Corporate Auditor position.
AT&T Communications Inc. is an
Equal Opportunity Employer. All qualified candidates will receive full
and fair consideration for employment.
Comments, questions, suggestions?
© Dallas Chapter Institute of Internal Auditors
P. O. Box 261747, Plano, TX 75026-1747
The following links will take you to our web site,