July 2009 AUDIT WIRE AUDIT WIRE - Chapters Site - Home · Jennifer Skrabanek (CEVA Logistics) Jenny...
14
July 2009 AUDIT WIRE IIA HOUSTON JANUARY 2011 Page 1 AUDIT WIRE President’s Message 1 Luncheon and Registration 2-4 New Credential Holders 5 New Members and 2nd Annual Conference 6 Goepfert Honored by Chapter 8 CAP Update 10 Job Postings 11-14 MONTHLY INSIGHTS Academic Relations 7 CIA Exam 9 President’s Message Dear Houston Chapter Members, Fall is in the air! I just love this time of year! Not just because I love the change of pace with the cooling weather or the approaching holidays, but also because it is a time when we stop to consider the things that we are thankful for. And I would be remiss if I didn't take the opportunity to address in this newsletter a couple of the things that I am very thankful for as it relates to the Chapter. This may sound a little crazy, but I am thankful for the profession of internal auditing. There are a couple of reasons why I feel this way. One, because of the value internal au- dit adds to any organization in fulfilling its assurance role and 2) because it is a fun and exciting job! Who could possibly have a better job than we do? Who else in your organi- zation gets to see so many different parts of your operations? Who else has an avenue directly to the primary stakeholders to provide information that helps improve the opera- tions and mitigate risk? However, I firmly believe that with this opportunity and privilege comes a responsibility to do our absolute best in fulfilling this role. Here is a quote from Colin Powell that I think is right on point: “If you are going to achieve excellence in big things, you develop the habit in little matters. Excellence is not an exception, it is a prevailing attitude.” This attitude of excellence should be reflected in all aspects of what we do. (If you’d like to dwell on this a little more, and I encourage you to do so, see the link below to an inter- nal audit blog on the subject.) Besides being thankful for the profession, I am also thankful for the people who work in the profession. And there is a very special group that I am especially thankful for. I really want to express my appreciation to and thankfulness for all of the amazing volunteers in the Chapter who commit their time, energy and talents to keep our chapter running, to pro- vide support to our members, and to reach out to the next generation of auditors. If I tried to name them all, I would forget someone, which I would hate to do. But you know who you are, so let me say to you "Thank you for all that you do!" Happy Thanksgiving!! http://www.theiia.org/blogs/jacka/index.cfm/post/The%20Light%20at%20the%20End%20of% 20the%20Tunnel%20of%20the%20Epiphany Best wishes, Faye Stallings Houston Chapter President President’s Message Dear Houston Chapter Members, Fall is in the air! I just love this time of year! Not just because I love the change of pace with the cooling weather or the approaching holidays, but also because it is a time when we stop to consider the things that we are thankful for. And I would be remiss if I didn't take the opportunity to address in this newsletter a couple of the things that I am very thankful for as it relates to the Chapter. This may sound a little crazy, but I am thankful for the profession of internal auditing. There are a couple of reasons why I feel this way. One, because of the value internal au- dit adds to any organization in fulfilling its assurance role and 2) because it is a fun and exciting job! Who could possibly have a better job than we do? Who else in your organi- zation gets to see so many different parts of your operations? Who else has an avenue directly to the primary stakeholders to provide information that helps improve the opera- tions and mitigate risk? However, I firmly believe that with this opportunity and privilege comes a responsibility to do our absolute best in fulfilling this role. Here is a quote from Colin Powell that I think is right on point: “If you are going to achieve excellence in big things, you develop the habit in little matters. Excellence is not an exception, it is a prevailing attitude.” This attitude of excellence should be reflected in all aspects of what we do. (If you’d like to dwell on this a little more, and I encourage you to do so, see the link below to an inter- nal audit blog on the subject.) Besides being thankful for the profession, I am also thankful for the people who work in the profession. And there is a very special group that I am especially thankful for. I really want to express my appreciation to and thankfulness for all of the amazing volunteers in the Chapter who commit their time, energy and talents to keep our chapter running, to pro- vide support to our members, and to reach out to the next generation of auditors. If I tried to name them all, I would forget someone, which I would hate to do. But you know who you are, so let me say to you "Thank you for all that you do!" Happy Thanksgiving!! http://www.theiia.org/blogs/jacka/index.cfm/post/The%20Light%20at%20the%20End%20of% 20the%20Tunnel%20of%20the%20Epiphany Best wishes, Faye Stallings Houston Chapter President President’s Message Here we go again: closing the books on 2010 and starting a new chapter in 2011. I don’t know about you, but I love this time of year. I enjoy change and new beginnings. They bring opportunities for serious reflec- tion and recommitment to those things that are most important to us. They bring opportunities for self-analysis and growth. Have you made your New Year’s resolutions? More importantly, have you made a plan on how you are going to achieve them? There are plenty of books and articles, even software and, yes, apps ( ) to help you in your goal setting. And of course, where would we be without a few acronyms to help us! Consider the following: BHAG (Big Hair Audacious Goals) SMART (Specific, Measurable, Attainable, Realistic, Timely) HARD (Heartfelt, Animated, Required, Difficult) RUMBA (Reasonable, Unambiguous, Measurable, Bounded by Time, Achievable) One key to successfully achieving goals or resolutions is something as simple as writing it down. Make a roadmap and check your progress against it periodically to make sure you haven’t taken a wrong turn somewhere or lost sight of where you wanted to go altogether. In case you didn’t know, we set out a few goals at the beginning of our Chapter year. The New Year also encour- aged me to check our progress. The goals we established included: • Coordinating and holding Second Annual Conference • Arranging for speakers for the monthly luncheon that are diverse and are of interest to the membership • Increasing membership by 5% • Recognizing the contributions of our members through an annual volunteer recognition event • Coordinating and holding a CAE event focused on risk and governance Implementing Corpo- rate Governance Task Force changes (such as, updating Articles of Incorporation and By- laws) Reflecting on these goals inspires and motivates me to ensure we are meeting your needs as members of the Chapter. As always, we are open to your ideas on how we can do a better job of this. Don’t hesitate to reach out to me or any of the officers with your thoughts. Let me wrap up with a simple wish and this is for you to have a Happy New Year! (And take time to set goals!!) Best wishes, Faye Stallings Houston Chapter President Page 1
Transcript of July 2009 AUDIT WIRE AUDIT WIRE - Chapters Site - Home · Jennifer Skrabanek (CEVA Logistics) Jenny...
July 2009 AUDIT WIRE
I I A H O U S T O N J A N U A R Y 2 0 1 1
Page 1
AUDIT WIRE
Presidentrsquos Message
1
Luncheon and Registration
2-4
New Credential Holders
5
New Members and 2nd Annual Conference
6
Goepfert Honored by Chapter
8
CAP Update 10
Job Postings 11-14
MON THLY
INSIGHTS
Academic Relations
7
CIA Exam 9
Presidentrsquos Message Dear Houston Chapter Members Fall is in the air I just love this time of year Not just because I love the change of pace with the cooling weather or the approaching holidays but also because it is a time when we stop to consider the things that we are thankful for And I would be remiss if I didnt take the opportunity to address in this newsletter a couple of the things that I am very thankful for as it relates to the Chapter This may sound a little crazy but I am thankful for the profession of internal auditing There are a couple of reasons why I feel this way One because of the value internal au-dit adds to any organization in fulfilling its assurance role and 2) because it is a fun and exciting job Who could possibly have a better job than we do Who else in your organi-zation gets to see so many different parts of your operations Who else has an avenue directly to the primary stakeholders to provide information that helps improve the opera-tions and mitigate risk However I firmly believe that with this opportunity and privilege comes a responsibility to do our absolute best in fulfilling this role Here is a quote from Colin Powell that I think is right on point ldquoIf you are going to achieve excellence in big things you develop the habit in little matters Excellence is not an exception it is a prevailing attituderdquo This attitude of excellence should be reflected in all aspects of what we do (If yoursquod like to dwell on this a little more and I encourage you to do so see the link below to an inter-nal audit blog on the subject) Besides being thankful for the profession I am also thankful for the people who work in the profession And there is a very special group that I am especially thankful for I really want to express my appreciation to and thankfulness for all of the amazing volunteers in the Chapter who commit their time energy and talents to keep our chapter running to pro-vide support to our members and to reach out to the next generation of auditors If I tried to name them all I would forget someone which I would hate to do But you know who you are so let me say to you Thank you for all that you do Happy Thanksgiving httpwwwtheiiaorgblogsjackaindexcfmpostThe20Light20at20the20End20of20the20Tunnel20of20the20Epiphany Best wishes Faye Stallings Houston Chapter President
Presidentrsquos Message Dear Houston Chapter Members Fall is in the air I just love this time of year Not just because I love the change of pace with the cooling weather or the approaching holidays but also because it is a time when we stop to consider the things that we are thankful for And I would be remiss if I didnt take the opportunity to address in this newsletter a couple of the things that I am very thankful for as it relates to the Chapter This may sound a little crazy but I am thankful for the profession of internal auditing There are a couple of reasons why I feel this way One because of the value internal au-dit adds to any organization in fulfilling its assurance role and 2) because it is a fun and exciting job Who could possibly have a better job than we do Who else in your organi-zation gets to see so many different parts of your operations Who else has an avenue directly to the primary stakeholders to provide information that helps improve the opera-tions and mitigate risk However I firmly believe that with this opportunity and privilege comes a responsibility to do our absolute best in fulfilling this role Here is a quote from Colin Powell that I think is right on point ldquoIf you are going to achieve excellence in big things you develop the habit in little matters Excellence is not an exception it is a prevailing attituderdquo This attitude of excellence should be reflected in all aspects of what we do (If yoursquod like to dwell on this a little more and I encourage you to do so see the link below to an inter-nal audit blog on the subject) Besides being thankful for the profession I am also thankful for the people who work in the profession And there is a very special group that I am especially thankful for I really want to express my appreciation to and thankfulness for all of the amazing volunteers in the Chapter who commit their time energy and talents to keep our chapter running to pro-vide support to our members and to reach out to the next generation of auditors If I tried to name them all I would forget someone which I would hate to do But you know who you are so let me say to you Thank you for all that you do Happy Thanksgiving httpwwwtheiiaorgblogsjackaindexcfmpostThe20Light20at20the20End20of20the20Tunnel20of20the20Epiphany Best wishes Faye Stallings Houston Chapter President
Presidentrsquos Message Here we go again closing the books on 2010 and starting a new chapter in 2011 I donrsquot know about you but I love this time of year I enjoy change and new beginnings They bring opportunities for serious reflec-tion and recommitment to those things that are most important to us They bring opportunities for self-analysis and growth Have you made your New Yearrsquos resolutions More importantly have you made a plan on how you are going to achieve them There are plenty of books and articles even software and yes apps ( )to help you in your goal setting And of course where would we be without a few acronyms to help us Consider the following BHAG (Big Hair Audacious Goals) SMART (Specific Measurable Attainable Realistic Timely) HARD (Heartfelt Animated Required Difficult) RUMBA (Reasonable Unambiguous Measurable Bounded by Time Achievable) One key to successfully achieving goals or resolutions is something as simple as writing it down Make a roadmap and check your progress against it periodically to make sure you havenrsquot taken a wrong turn somewhere or lost sight of where you wanted to go altogether In case you didnrsquot know we set out a few goals at the beginning of our Chapter year The New Year also encour-aged me to check our progress The goals we established included bull Coordinating and holding Second Annual Conference bull Arranging for speakers for the monthly luncheon that are diverse and are of interest to the
membership bull Increasing membership by 5 bull Recognizing the contributions of our members through an annual volunteer recognition event bull Coordinating and holding a CAE event focused on risk and governance Implementing Corpo-
rate Governance Task Force changes (such as updating Articles of Incorporation and By-laws)
Reflecting on these goals inspires and motivates me to ensure we are meeting your needs as members of the Chapter As always we are open to your ideas on how we can do a better job of this Donrsquot hesitate to reach out to me or any of the officers with your thoughts Let me wrap up with a simple wish and this is for you to have a Happy New Year (And take time to set goals) Best wishes Faye Stallings Houston Chapter President
Page 1
July 2009 AUDIT WIRE
I I A H O U S T O N J A N U A R Y 2 0 1 1
Page 2
Luncheon Topic and Speaker Information
Topic eDiscovery ndash Current Corporate Issues for Internal Audit Professionals Speakers Martin Beirne and David Pluchinsky About the Speakers
Martin Beirne is a founding partner of Beirne Maynard amp Par-sons He has extensive trial experience in complex business liti-gation intellectual property energy products liability automotive litigation and antitrust Mr Beirne also provides advice and representation to corpora-tions corporate officials and other individuals in investigations initiated by various government authorities as well as internal investigations on behalf of corporations Corporate Legal Times has named Mr Beirne a ldquoTop Drawer Litigatorrdquo on its list of ldquogo tordquo lawyers in the US David Pluchinsky represents clients in commercial products li-ability and personal injury disputes in Texas nationally and in-ternationally concentrating largely on the energy and chemical industries Mr Pluchinskys clients are typically Fortune 500 companies with complex litigation that may include trial and appellate work in both federal and state jurisdictions
Prerequisites None Learning hours 10hr
I IA- HOUTON CHA PTER
O F F I C E R S 2 0 1 0
PRESIDENT Faye Stallings El Paso VP ADMINISTRATION Chow Yu Waste Management VP COMMUNICATIONS John Harris Jefferson Wells VP ACADEMIC RELATIONS Rumy Jaleel-Khan Deloitte VP FINANCE Damon Ott Continental VP SEMINARS Dan Ramey PKF Texas VP MEMBERSHIP Larry Abston Anadarko SECRETARY Angela Butler UHY NEWSLETTER EDITORS
Greg Bone Deloitte Eric Murray Deloitte
July 2009 AUDIT WIRE
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I I A H O U S T O N J A N U A R Y 2 0 1 1
Luncheon Directions and Information
Date Speaker Topic
February 1 2010 Joe Oringel (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Page 3
Day of Meeting
Registration Begins at 1130 am
Speaker Begins at Noon
Meeting Location The Houston Club
811 Rusk 713-225-1661
Pricing
Pre-Registered IIA Member $3000
Non-MemberMember Walk-
In $3500
Valet Parking $800
Upcoming SpeakersUpcoming SpeakersUpcoming Speakers
Date Speaker Topic
February 7 2011 Martin Beirne and David Pluchinsky (Partners at Beirne Maynard amp Parsons)
eDiscovery ndash Current Corporate Issues for Internal Audit Professionals
March 7 2011 John Harris (Houston Market Leader for Jefferson Wells) Modern Enterprise Risk Management
April - Cancelled No - Luncheon due to 2nd Annual Conference
A quick roundup of our upcoming speakers More information is available on our website
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Luncheon Benefits of Pre-Registration
Date Speaker Topic
February 1 2010 Joe Oringel (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Page 4
As auditors our schedule can be unpredictable at times and at a last minutersquos notice we could be sent to work on a special assignment somewhere outside of Houston or even outside of the country Because of that you may hesitate to pre-register for an event just in case your sched-ule changes Whenever possible I would encourage our Chapter members to sign up by Wednesday before each meeting Here are some good reasons why you should pre-register for the event 1 Members get a $5 discount if they pre-register for the meeting In light of our economy and companiesrsquo focus on cost reduction every $1 counts 2 Only individuals pre-registered before the cut-off are entered into the drawing If your name is not in the drawing your chance of winning is zero If your name is in your odds are about 1 to lt200 to win not so bad when compared to other games of luck 3 Pre-registered members get their certification ribbons on their name tag You get to show off your achievement 4 On the day of event you can check in quicker and save time Bring your barcode to scan and within seconds you will be in You can use the time saved to network with your peers 5 You can avoid the long line for walk-ins and possibility of miskeying your name or email address and not getting your CPE certificate Not good when that one credit hour would make a difference 6 Lastly you can help make your and other attendeesrsquo experience at the event more pleasant Right now headcount has to be estimated to account for walk-ins and committed to the Houston Club two days before each event Significant unexpected number of walk-ins poses challenges for the facility personnel to serve all attendees timely We want everyone to be able to sit down relax eat and listen to the speaker when the meeting begins
July 2009 AUDIT WIRE
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I I A H O U S T O N J A N U A R Y 2 0 1 1
Congratulations to our New Credential Holders
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Page 5
Please join us in congratulating our newest members who have recently obtained certifications
CIA Camille Jones Donald Onovo Clyde McNeil
Prasant Vadlamudi Jason Bolstead
Tasneem Kalolwala Matthew Hancock Anne Thompson
Roxxanna Jansen Tara L Stromberg
Kristalynn Kindschuh Dustin Greenwood
Constance Smith-Brown Grayson Taylor
Devin Jones Gary Hereford
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Welcome to Our New Members
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Page 6
We would like to extend a warm welcome to our new members If you see these people at the monthly luncheon please be sure to introduce yourself
SAVE THE DATE
Ariel Martin (HISD) Basheer Siddique (PWC)
Brandon Packnett (ABM Inc) Brittany Baker (Sterling Bank)
Chad Preston Christopher Batchelor (Goodman Mfg Company)
Erikah Abdu (Sterling Bank) Iskandar Dinota (ABM Inc)
Jeanine Hopkins (HISD) Jeffrey Helton (UT School of Public Health)
Jennifer Skrabanek (CEVA Logistics) Jenny Krause (ABM Inc)
John Bourne (Aramco Services) Marco Lara (Weatherford International Ltd)
Mary Oatman (BMC Software Inc) Michael Beck (ABM Inc)
Sabiha McConnell (Solomon Edwards Group LLC) Suryanarayana Muppala (Aramco Services)
Syed Hussain (Marathon Oil) Tariq Zia (Solomon Edwards Group LLC)
Valarie Stinson (SoftLayer Technologies Inc) Van Trinh (Weatherford International Ltd)
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Academic Relations (IAEP)
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
The Houston Chapter made donation of two thousand dollars as a part of their continued support of the University of Houston Internal Audit Student Association Jimmy Huynh President of the association accepted the check from the President of the Houston chapter Faye Stallings In his acceptance he thanked the chapter for the continued support and mentioned that they will use the funds to work towards their immediate goal to increase awareness of the internal audit profession and their organization at UH He also mentioned that this will help them fund their plans to supplement classroom instruction with student lead study and skills development workshops If you are interested in assisting the chapterrsquos Academic Relation program or being a speaker at one of the area universities please contact Rumy Jaleel-Khan at rjaleelkhandeloittecom
Page 7
July 2009 AUDIT WIRE
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I I A H O U S T O N J A N U A R Y 2 0 1 1
Goepfert Honored by Houston Chapter
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
On December 6 2010 the Houston Chapter Board of Governors and Officers recognized Steve Goepfert CIA for 20 years of service to the chapter Goepfert is leaving Houston to take the helm of the internal audit function at the recently-merged United Airlines in Chicago He was named Vice President ndash Internal Audit for United Airlines in October 2010 following 21 years as Chief Auditor for Continental Airlines During his time in Houston Steve served virtually every position in the chapter including President in 1999-2000 He also supported the chapter in many ways with his team of internal auditors at Continen-tal In one of the most visible accomplishments for the chapter he successfully led the proposal to bring the IIArsquos International Conference to Houston in 2006 At the IIA international level Steve also served in numerous leadership roles culminating in his 2006-07 term as the IIArsquos Chairman of the Board In that capacity he was a representative for Houston in many global activities Steve has served other industry internal audit leadership posts and has been an advocate for the advancement of internal auditing education in Texas universities At the event colleagues praised Goepfert for his leadership service and ambassadorship Many cited his commitment to mentoring and credited him with their own initial involvement in chapter activities Steve encouraged the group to continue the chapterrsquos visible role of leadership in the IIA community and service to its members
Page 8
Steve Goepfert CIA is presented with a memento of Houston by Chapter President Faye Stallings CIA
July 2009 AUDIT WIRE
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I I A H O U S T O N J A N U A R Y 2 0 1 1
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
What is Stopping you From Taking the Next Steps
There are many benefits of passing the CIA exam Certification gives you a competitive advantage when searching for a new position or asking for a raise You will show both your peers and managers that you have the knowledge and skills as well as the commitment and motivation it takes to prepare for and pass the CIA exam
So what keeps you from taking the next step even though you know the bene-fits of being certified Are you too busy at work Does your family occupy all your free time Are you having trouble finding the money
Maybe you have considered taking the exam but you work too many hours a week to justify finding the time to study Once you are certified you will have many more career opportunities You have already shown your commitment to the company now show your commitment to the profession
Often potential candidates are short on time because they are too busy with their childrens extracur-ricular activities However your children shouldnt be the reason you dont take the exam Your kids should be THE reason you DO take the exam Set an example While your kids are doing their home-work you can study for the exam You will show them you are never too old to continue learning Once you pass the exam you will be able to make more money with better hours so you can devote more of your resources and time to your children
It is also not uncommon to hear people say they cant afford to pay for the exam fees andor review ma-terials However the truth is that you cant afford to not prepare for and pass the CIA exam Think about the exam as an investment in your future that you will be cashing in on for many years to come Ask your employer to help you with the expenses Other options are to apply for scholarships through pro-fessional organizations or ask relatives for the money as a gift for your next birthday or holiday For the recent grad it is a great graduation gift
You can always find a reason to not take the exam but remember the value in being certified There is always a way to find the time and money to accomplish your goal Once you are a CIA you will not only have professional advantages but you will also feel personal satisfaction The self-confidence gained from completing the exam and using those three letters behind your name will be well worth the energy spent on making the time and finding the cash
I would like to hear from you How did you find time to prepare What advantages of being certified have you experienced Email Gleim at iiachaptersgleimcom with your questions
Remember as a Houston Chapter member you will receive discount on Gleim material Gleim has been helping CIA candidates pass the CIA Exam since 1980
Contact Melissa at 8008745346 ext 131 or melissaleonardgleimcom to take advantage of your chapter discount or if you have any questions
Melissa Leonard Gleim Chapter Coordinator
CIA Exam Preparation
Page 9
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Chapter Achievement Points (CAP)
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Calling All CAP Points Have you spoken to a group of students or auditors outside of your company lately Have you submitted or published an article or blog about internal audit Have you participated in a Junior Achievement Event or Bowl-A-Thon Then let the chapter know Your achievements to further the profession can help our chapter gain recognition as a Platinum Level chapter
What Can I Do First keep participating in all of the educational events we provide ndash from the luncheons to the seminars to the roundtable discussions You can also help by letting us know when you speak about the profes-sion to others outside of your company (without receiving a fee) Provide Cat Hasley with the date of the speech the topic the audience and the length of the speech You can also help by letting us know if you have articles published anywhere Send Cat an email at Catherynehasleylivenationcom with the article name the date of publication and the publication name What Else Can I Do Want to get more involved Contact Chapter President Faye Stallings to see other opportunities for involvement Thanks for your help Chapter CAP Superstars
Member Topic Steve Goepfert Key Attributes of the Exceptional CAE
Joe Lynch Justifying Internal Auditrsquos services by becoming a sustainable profit center Steve Goepfert Fraud A 24 Hour Responsibility Deanna Sullivan Why People Go to the Darkside Steve Goepfert Can Internal Auditors Audit Behavior and Ethics Lara Chalmers Leveraging Controls to Save Financial and Human Capital Lara Chalmers Panel Discussion Arnie Adams Fraud Training David Ahola Fraud Training
Joanne Koocne-Hamar Monitoring for Fraud and Exceptions Joanne Koocne-Hamar Continuous Monitoring Preventing CNN Moments for CFOs Joanne Koocne-Hamar Continuous Monitoring Early Detection is the Best Prevention
Page 10
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Connrsquos - Internal Audit SOX Manager
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Title Internal Auditor Sox Manager Employer Connrsquos Inc Location Houston Tx Reporting to the Senior Manager of Internal Audit the position of the Internal Audit SOX Manager is sought for an experienced self starter who can provide immediate to advanced auditing skills in the planning execution and fol-low up of audits of various functions including Sarbanes Oxley (SOX) compliance Audit process prescribes to the risk based approach of the Committee of Sponsoring Organizations (COSO) We seek an Internal Audit Manager who will be responsible for executing internal audit engagements with minimal supervision Responsibilities
bull Executes medium to complex audits in a professional and timely manner in accordance with appropri-ate professional auditing standards SOX guidelines and prescribed Internal Audit departmental poli-cies and procedures
bull Carryout less complex audits independently and more complex audits with limited supervision bull Evaluates the adequacy and effectiveness of internal controls surrounding the activities under audit
and determining 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 with all applicable Connrsquos policies and procedures
bull Conducts detailed risk assessments of auditable areas and propose risk based audit approach bull Prepares quality audit working papers acceptable to audit department management and the standards
of the Institute of Internal Auditors (IIA) bull Writes audit programs to record the engagement scope objectives and timing of procedures including
budgets milestones and target completion dates develops medium to complex findings with clear compelling evidence makes recommendations for improvements and writes clear concise first draft reports making complex ideas understandable to laymen
bull Conducts or assists in investigation of fraud alleged theft misuse of funds or other defalcations as well as to establish how it occurred the extent of loss and means of prevention
bull Identify significant risks impacting the organizations objectives operations or resources for input to the development or revision of the annual audit plan
bull Ensure Senior Manager is informed of any issues that could impede timely completion of an engage-ment or the audit plan as a whole
bull Conduct a preliminary assessment of the risks relevant to the activity under review and incorporate the assessment results in the engagement objectives
bull Evaluate audit evidence and make proper judgments as to the necessity for additional procedures bull Review working papers to ensure they adequately support the audit findings and conclusions and to
provide reasonable assurance that the work was performed objectively bull 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
bull Communicate audit findings to the audit client and work with management to identify potential correc-tive action
bull Develop and maintain productive client staff and management relationships through individual con-tacts and group meetings
bull Monitor the disposition of results communicated to management and perform follow-up on audit find-ings to ensure corrective action is taken as agreed
bull Complete audit plan assignments efficiently within budget and estimated target dates while still main-taining a high level of effectiveness
bull Maintain technical competency by keeping current with internal audit internal control regulatory gen-eral business and technological developments and pursuing opportunities for professional develop-ment for self and the department
bull Performs other internal auditor duties as assigned Page 11
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Job Posting Connrsquos (Continued)
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Continued The ideal candidate will have a Bachelorrsquos degree in Accounting Finance Economics Management Accounting Information Systems or related field will consider a non-business degree with the appropriate audit experience or equivalent related experienceeducation Requirements
bull Two to Three (5-7) years of professional level experience in an internal audit public accounting or related environment to include (2) two years of auditing and SOX experience Knowledge of internal control concepts and technical proficiency in auditing skills
bull High level of analytical and creative skills to find solutions to complex professional technical and ad-ministrative problems Strong critical thinking ability
bull Effective oral written communications skills and interpersonal skills to effectively communicate with sensitivity to all levels of supervisory and non-supervisory employees executive staff Board Mem-bers outside consultants and others both inside and outside of the organization
bull Possesses one or more professional certifications (ie CPA CIA CISA CISSP) bull Retail credit financial services industry experience is strongly preferred bull SOX (Sarbanes Oxley) Experience strongly preferred bull Experience with automated work paper systems (TeamMate Paisley GRC Texert etc) and data
analysis software (ACL IDEA etc) is strongly preferred bull Public Accounting (Big Four) experience preferred bull IT Systems Audit experienced preferred bull Familiarity and ability to conduct general integrated audits involving test of IT controls preferred bull Ability and willingness to travel up to 30
This is the right opportunity for someone who wants a first hand ground up experience building and running an internal audit function in a public traded company a strong and highly valued skill-set that is sought out by compa-nies in all stages of the growth curve Give your ideas a chance to harness The company operates in a lean dynamic and highly entrepreneurial environment You will have frequent exposure to business leaders and execu-tives running a successful publicly traded company Location amp Benefits This position will be based out of Beaumont Texas Market salary 401(k) match vacation and comprehensive health benefit package Application Procedure Qualified candidates may email resume to rhrconnscom and apply online at wwwconnscom Note The above statements are intended to describe the general nature and level of work being performed by associates assigned to this job The statements are not intended to be an exhaustive list of all responsibilities duties and skills required of personnel so classified All associates may perform other duties as assigned
Page 12
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Nabors - Internal Auditor
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Title Internal Auditor Employer Nabors Corporate Services Inc Location Houston Tx Position Summary Assists in developing audit programs leads andor conducts internal reviews and audits Assists management in the examination of financial and operating controls and procedures to provide comments and recommendations concerning activities reviewed Duties and Responsiblities
bull Participates in the execution of audit work bull Reviews and appraises the adequacy and the application of financial and operating controls to
ensure company objectives are met bull Examines assigned activities of areas of the company to determine the extent of all compliance
with company policies plans and procedures and rules of regulatory authorities bull Evaluates to the extent possible through the audit process managerial effectiveness in
attainment of objectives bull Prepares written reports of audit results and reviews the results with appropriate management
personnel makes recommendations for the correction of problems noted during the audit and fol-lows up on audit recommendations to ensure implementation
bull Actively seeks the development of new or improved procedures or ideas which will improve overall profitability and efficiency of the company
Experience
bull Audit experience (2+ years required) with auditing for financial reporting operations compliance fraud the safeguarding of assets and SOX
bull Strong analytical aptitude to analyze complex and often incomplete data gathered in audits bull Experience with electronic workpapers (AutoAudit or TeamMate) databases and data
manipulation (IDEA ACL or Access) bull Well developed verbal and written communication skills The ability to deal with people effectively
to attain desired objectives Education and Training
bull Accounting Finance Business Administration or related degree required Courses in auditing or computer science preferred
bull Having or pursuing CPA or CIA required bull CFE and MBA preferred bull Understanding of SOX International Professional Practices Framework and the Foreign Corrupt
Practice Act required
Travel Requirements bull Ability to travel internationally 20 to 40 percent
Page 13
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Nabors - Sr Internal Auditor
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Title Senior Internal Audit Employer Nabors Corporate Services Inc Location Houston Tx Position Summary Develops audit programs leads andor conducts internal reviews and audits Assists management in the examination of financial and operating controls and procedures to provide comments and recommendations concerning activities reviewed
Duties and Responsibilities
bull Participates in the planning and execution of audit work reviews the work of assigned audit staff to ensure sufficiency of scope and accuracy and timely completion of audits
bull Reviews and appraises the adequacy and the application of financial and operating controls to ensure company objectives are met
bull Examines assigned activities of areas of the company to determine the extent of all compliance with company policies plans and procedures and rules of regulatory authorities
bull Evaluates to the extent possible through the audit process managerial effectiveness in attainment of objectives
bull Prepares written reports of audit results and reviews the results with appropriate management personnel makes recommendations for the correction of problems noted during the audit and fol-lows up on audit recommendations to ensure implementation
bull Actively seeks the development of new or improved procedures or ideas which will improve overall profitability and efficiency of the company
bull Evaluates training needs of staff auditors enhances development of entry level auditors by providing fundamental knowledge of auditing and explaining audit objectives and procedures
bull Works closely with Audit Managers and Auditee to help ensure value added audit products Experience
bull Significant experience (4+ years preferred) in internal audit systems analysis investigative techniques accounting or general management Oil and gas industry preferred
bull Audit experience (3 years required) with auditing for financial reporting operations compliance fraud the safeguarding of assets and SOX management
bull Strong analytical aptitude to analyze complex and often incomplete data gathered in audits bull Experience with Electronic workpapers (AutoAudit or TeamMate) databases and data manipulation
(IDEA ACL or Access) Experience with Oracle preferred bull Well developed verbal and written communication skills The ability to deal with people effectively to
attain desired objectives in adversary as well as non‑adversary environment bull Supervisory skills to provide guidance and work direction to assigned support auditors
Education and Training bull Accounting Finance Business Administration or related degree required Courses in auditing or
computer science preferred bull CPA or CIA required Consider Temp waiver if actively pursuing CFE CISA and MBA preferred bull Understanding of SOX International Professional Practices Framework and the Foreign Corrupt
Practice Act required
Travel Requirements bull Ability to travel internationally 20 to 40 percent
Page 14
July 2009 AUDIT WIRE
I I A H O U S T O N J A N U A R Y 2 0 1 1
Page 2
Luncheon Topic and Speaker Information
Topic eDiscovery ndash Current Corporate Issues for Internal Audit Professionals Speakers Martin Beirne and David Pluchinsky About the Speakers
Martin Beirne is a founding partner of Beirne Maynard amp Par-sons He has extensive trial experience in complex business liti-gation intellectual property energy products liability automotive litigation and antitrust Mr Beirne also provides advice and representation to corpora-tions corporate officials and other individuals in investigations initiated by various government authorities as well as internal investigations on behalf of corporations Corporate Legal Times has named Mr Beirne a ldquoTop Drawer Litigatorrdquo on its list of ldquogo tordquo lawyers in the US David Pluchinsky represents clients in commercial products li-ability and personal injury disputes in Texas nationally and in-ternationally concentrating largely on the energy and chemical industries Mr Pluchinskys clients are typically Fortune 500 companies with complex litigation that may include trial and appellate work in both federal and state jurisdictions
Prerequisites None Learning hours 10hr
I IA- HOUTON CHA PTER
O F F I C E R S 2 0 1 0
PRESIDENT Faye Stallings El Paso VP ADMINISTRATION Chow Yu Waste Management VP COMMUNICATIONS John Harris Jefferson Wells VP ACADEMIC RELATIONS Rumy Jaleel-Khan Deloitte VP FINANCE Damon Ott Continental VP SEMINARS Dan Ramey PKF Texas VP MEMBERSHIP Larry Abston Anadarko SECRETARY Angela Butler UHY NEWSLETTER EDITORS
Greg Bone Deloitte Eric Murray Deloitte
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Luncheon Directions and Information
Date Speaker Topic
February 1 2010 Joe Oringel (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Page 3
Day of Meeting
Registration Begins at 1130 am
Speaker Begins at Noon
Meeting Location The Houston Club
811 Rusk 713-225-1661
Pricing
Pre-Registered IIA Member $3000
Non-MemberMember Walk-
In $3500
Valet Parking $800
Upcoming SpeakersUpcoming SpeakersUpcoming Speakers
Date Speaker Topic
February 7 2011 Martin Beirne and David Pluchinsky (Partners at Beirne Maynard amp Parsons)
eDiscovery ndash Current Corporate Issues for Internal Audit Professionals
March 7 2011 John Harris (Houston Market Leader for Jefferson Wells) Modern Enterprise Risk Management
April - Cancelled No - Luncheon due to 2nd Annual Conference
A quick roundup of our upcoming speakers More information is available on our website
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Luncheon Benefits of Pre-Registration
Date Speaker Topic
February 1 2010 Joe Oringel (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Page 4
As auditors our schedule can be unpredictable at times and at a last minutersquos notice we could be sent to work on a special assignment somewhere outside of Houston or even outside of the country Because of that you may hesitate to pre-register for an event just in case your sched-ule changes Whenever possible I would encourage our Chapter members to sign up by Wednesday before each meeting Here are some good reasons why you should pre-register for the event 1 Members get a $5 discount if they pre-register for the meeting In light of our economy and companiesrsquo focus on cost reduction every $1 counts 2 Only individuals pre-registered before the cut-off are entered into the drawing If your name is not in the drawing your chance of winning is zero If your name is in your odds are about 1 to lt200 to win not so bad when compared to other games of luck 3 Pre-registered members get their certification ribbons on their name tag You get to show off your achievement 4 On the day of event you can check in quicker and save time Bring your barcode to scan and within seconds you will be in You can use the time saved to network with your peers 5 You can avoid the long line for walk-ins and possibility of miskeying your name or email address and not getting your CPE certificate Not good when that one credit hour would make a difference 6 Lastly you can help make your and other attendeesrsquo experience at the event more pleasant Right now headcount has to be estimated to account for walk-ins and committed to the Houston Club two days before each event Significant unexpected number of walk-ins poses challenges for the facility personnel to serve all attendees timely We want everyone to be able to sit down relax eat and listen to the speaker when the meeting begins
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Congratulations to our New Credential Holders
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Page 5
Please join us in congratulating our newest members who have recently obtained certifications
CIA Camille Jones Donald Onovo Clyde McNeil
Prasant Vadlamudi Jason Bolstead
Tasneem Kalolwala Matthew Hancock Anne Thompson
Roxxanna Jansen Tara L Stromberg
Kristalynn Kindschuh Dustin Greenwood
Constance Smith-Brown Grayson Taylor
Devin Jones Gary Hereford
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Welcome to Our New Members
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Page 6
We would like to extend a warm welcome to our new members If you see these people at the monthly luncheon please be sure to introduce yourself
SAVE THE DATE
Ariel Martin (HISD) Basheer Siddique (PWC)
Brandon Packnett (ABM Inc) Brittany Baker (Sterling Bank)
Chad Preston Christopher Batchelor (Goodman Mfg Company)
Erikah Abdu (Sterling Bank) Iskandar Dinota (ABM Inc)
Jeanine Hopkins (HISD) Jeffrey Helton (UT School of Public Health)
Jennifer Skrabanek (CEVA Logistics) Jenny Krause (ABM Inc)
John Bourne (Aramco Services) Marco Lara (Weatherford International Ltd)
Mary Oatman (BMC Software Inc) Michael Beck (ABM Inc)
Sabiha McConnell (Solomon Edwards Group LLC) Suryanarayana Muppala (Aramco Services)
Syed Hussain (Marathon Oil) Tariq Zia (Solomon Edwards Group LLC)
Valarie Stinson (SoftLayer Technologies Inc) Van Trinh (Weatherford International Ltd)
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Academic Relations (IAEP)
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
The Houston Chapter made donation of two thousand dollars as a part of their continued support of the University of Houston Internal Audit Student Association Jimmy Huynh President of the association accepted the check from the President of the Houston chapter Faye Stallings In his acceptance he thanked the chapter for the continued support and mentioned that they will use the funds to work towards their immediate goal to increase awareness of the internal audit profession and their organization at UH He also mentioned that this will help them fund their plans to supplement classroom instruction with student lead study and skills development workshops If you are interested in assisting the chapterrsquos Academic Relation program or being a speaker at one of the area universities please contact Rumy Jaleel-Khan at rjaleelkhandeloittecom
Page 7
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Goepfert Honored by Houston Chapter
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
On December 6 2010 the Houston Chapter Board of Governors and Officers recognized Steve Goepfert CIA for 20 years of service to the chapter Goepfert is leaving Houston to take the helm of the internal audit function at the recently-merged United Airlines in Chicago He was named Vice President ndash Internal Audit for United Airlines in October 2010 following 21 years as Chief Auditor for Continental Airlines During his time in Houston Steve served virtually every position in the chapter including President in 1999-2000 He also supported the chapter in many ways with his team of internal auditors at Continen-tal In one of the most visible accomplishments for the chapter he successfully led the proposal to bring the IIArsquos International Conference to Houston in 2006 At the IIA international level Steve also served in numerous leadership roles culminating in his 2006-07 term as the IIArsquos Chairman of the Board In that capacity he was a representative for Houston in many global activities Steve has served other industry internal audit leadership posts and has been an advocate for the advancement of internal auditing education in Texas universities At the event colleagues praised Goepfert for his leadership service and ambassadorship Many cited his commitment to mentoring and credited him with their own initial involvement in chapter activities Steve encouraged the group to continue the chapterrsquos visible role of leadership in the IIA community and service to its members
Page 8
Steve Goepfert CIA is presented with a memento of Houston by Chapter President Faye Stallings CIA
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
What is Stopping you From Taking the Next Steps
There are many benefits of passing the CIA exam Certification gives you a competitive advantage when searching for a new position or asking for a raise You will show both your peers and managers that you have the knowledge and skills as well as the commitment and motivation it takes to prepare for and pass the CIA exam
So what keeps you from taking the next step even though you know the bene-fits of being certified Are you too busy at work Does your family occupy all your free time Are you having trouble finding the money
Maybe you have considered taking the exam but you work too many hours a week to justify finding the time to study Once you are certified you will have many more career opportunities You have already shown your commitment to the company now show your commitment to the profession
Often potential candidates are short on time because they are too busy with their childrens extracur-ricular activities However your children shouldnt be the reason you dont take the exam Your kids should be THE reason you DO take the exam Set an example While your kids are doing their home-work you can study for the exam You will show them you are never too old to continue learning Once you pass the exam you will be able to make more money with better hours so you can devote more of your resources and time to your children
It is also not uncommon to hear people say they cant afford to pay for the exam fees andor review ma-terials However the truth is that you cant afford to not prepare for and pass the CIA exam Think about the exam as an investment in your future that you will be cashing in on for many years to come Ask your employer to help you with the expenses Other options are to apply for scholarships through pro-fessional organizations or ask relatives for the money as a gift for your next birthday or holiday For the recent grad it is a great graduation gift
You can always find a reason to not take the exam but remember the value in being certified There is always a way to find the time and money to accomplish your goal Once you are a CIA you will not only have professional advantages but you will also feel personal satisfaction The self-confidence gained from completing the exam and using those three letters behind your name will be well worth the energy spent on making the time and finding the cash
I would like to hear from you How did you find time to prepare What advantages of being certified have you experienced Email Gleim at iiachaptersgleimcom with your questions
Remember as a Houston Chapter member you will receive discount on Gleim material Gleim has been helping CIA candidates pass the CIA Exam since 1980
Contact Melissa at 8008745346 ext 131 or melissaleonardgleimcom to take advantage of your chapter discount or if you have any questions
Melissa Leonard Gleim Chapter Coordinator
CIA Exam Preparation
Page 9
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Chapter Achievement Points (CAP)
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Calling All CAP Points Have you spoken to a group of students or auditors outside of your company lately Have you submitted or published an article or blog about internal audit Have you participated in a Junior Achievement Event or Bowl-A-Thon Then let the chapter know Your achievements to further the profession can help our chapter gain recognition as a Platinum Level chapter
What Can I Do First keep participating in all of the educational events we provide ndash from the luncheons to the seminars to the roundtable discussions You can also help by letting us know when you speak about the profes-sion to others outside of your company (without receiving a fee) Provide Cat Hasley with the date of the speech the topic the audience and the length of the speech You can also help by letting us know if you have articles published anywhere Send Cat an email at Catherynehasleylivenationcom with the article name the date of publication and the publication name What Else Can I Do Want to get more involved Contact Chapter President Faye Stallings to see other opportunities for involvement Thanks for your help Chapter CAP Superstars
Member Topic Steve Goepfert Key Attributes of the Exceptional CAE
Joe Lynch Justifying Internal Auditrsquos services by becoming a sustainable profit center Steve Goepfert Fraud A 24 Hour Responsibility Deanna Sullivan Why People Go to the Darkside Steve Goepfert Can Internal Auditors Audit Behavior and Ethics Lara Chalmers Leveraging Controls to Save Financial and Human Capital Lara Chalmers Panel Discussion Arnie Adams Fraud Training David Ahola Fraud Training
Joanne Koocne-Hamar Monitoring for Fraud and Exceptions Joanne Koocne-Hamar Continuous Monitoring Preventing CNN Moments for CFOs Joanne Koocne-Hamar Continuous Monitoring Early Detection is the Best Prevention
Page 10
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Connrsquos - Internal Audit SOX Manager
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Title Internal Auditor Sox Manager Employer Connrsquos Inc Location Houston Tx Reporting to the Senior Manager of Internal Audit the position of the Internal Audit SOX Manager is sought for an experienced self starter who can provide immediate to advanced auditing skills in the planning execution and fol-low up of audits of various functions including Sarbanes Oxley (SOX) compliance Audit process prescribes to the risk based approach of the Committee of Sponsoring Organizations (COSO) We seek an Internal Audit Manager who will be responsible for executing internal audit engagements with minimal supervision Responsibilities
bull Executes medium to complex audits in a professional and timely manner in accordance with appropri-ate professional auditing standards SOX guidelines and prescribed Internal Audit departmental poli-cies and procedures
bull Carryout less complex audits independently and more complex audits with limited supervision bull Evaluates the adequacy and effectiveness of internal controls surrounding the activities under audit
and determining 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 with all applicable Connrsquos policies and procedures
bull Conducts detailed risk assessments of auditable areas and propose risk based audit approach bull Prepares quality audit working papers acceptable to audit department management and the standards
of the Institute of Internal Auditors (IIA) bull Writes audit programs to record the engagement scope objectives and timing of procedures including
budgets milestones and target completion dates develops medium to complex findings with clear compelling evidence makes recommendations for improvements and writes clear concise first draft reports making complex ideas understandable to laymen
bull Conducts or assists in investigation of fraud alleged theft misuse of funds or other defalcations as well as to establish how it occurred the extent of loss and means of prevention
bull Identify significant risks impacting the organizations objectives operations or resources for input to the development or revision of the annual audit plan
bull Ensure Senior Manager is informed of any issues that could impede timely completion of an engage-ment or the audit plan as a whole
bull Conduct a preliminary assessment of the risks relevant to the activity under review and incorporate the assessment results in the engagement objectives
bull Evaluate audit evidence and make proper judgments as to the necessity for additional procedures bull Review working papers to ensure they adequately support the audit findings and conclusions and to
provide reasonable assurance that the work was performed objectively bull 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
bull Communicate audit findings to the audit client and work with management to identify potential correc-tive action
bull Develop and maintain productive client staff and management relationships through individual con-tacts and group meetings
bull Monitor the disposition of results communicated to management and perform follow-up on audit find-ings to ensure corrective action is taken as agreed
bull Complete audit plan assignments efficiently within budget and estimated target dates while still main-taining a high level of effectiveness
bull Maintain technical competency by keeping current with internal audit internal control regulatory gen-eral business and technological developments and pursuing opportunities for professional develop-ment for self and the department
bull Performs other internal auditor duties as assigned Page 11
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Job Posting Connrsquos (Continued)
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Continued The ideal candidate will have a Bachelorrsquos degree in Accounting Finance Economics Management Accounting Information Systems or related field will consider a non-business degree with the appropriate audit experience or equivalent related experienceeducation Requirements
bull Two to Three (5-7) years of professional level experience in an internal audit public accounting or related environment to include (2) two years of auditing and SOX experience Knowledge of internal control concepts and technical proficiency in auditing skills
bull High level of analytical and creative skills to find solutions to complex professional technical and ad-ministrative problems Strong critical thinking ability
bull Effective oral written communications skills and interpersonal skills to effectively communicate with sensitivity to all levels of supervisory and non-supervisory employees executive staff Board Mem-bers outside consultants and others both inside and outside of the organization
bull Possesses one or more professional certifications (ie CPA CIA CISA CISSP) bull Retail credit financial services industry experience is strongly preferred bull SOX (Sarbanes Oxley) Experience strongly preferred bull Experience with automated work paper systems (TeamMate Paisley GRC Texert etc) and data
analysis software (ACL IDEA etc) is strongly preferred bull Public Accounting (Big Four) experience preferred bull IT Systems Audit experienced preferred bull Familiarity and ability to conduct general integrated audits involving test of IT controls preferred bull Ability and willingness to travel up to 30
This is the right opportunity for someone who wants a first hand ground up experience building and running an internal audit function in a public traded company a strong and highly valued skill-set that is sought out by compa-nies in all stages of the growth curve Give your ideas a chance to harness The company operates in a lean dynamic and highly entrepreneurial environment You will have frequent exposure to business leaders and execu-tives running a successful publicly traded company Location amp Benefits This position will be based out of Beaumont Texas Market salary 401(k) match vacation and comprehensive health benefit package Application Procedure Qualified candidates may email resume to rhrconnscom and apply online at wwwconnscom Note The above statements are intended to describe the general nature and level of work being performed by associates assigned to this job The statements are not intended to be an exhaustive list of all responsibilities duties and skills required of personnel so classified All associates may perform other duties as assigned
Page 12
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Nabors - Internal Auditor
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Title Internal Auditor Employer Nabors Corporate Services Inc Location Houston Tx Position Summary Assists in developing audit programs leads andor conducts internal reviews and audits Assists management in the examination of financial and operating controls and procedures to provide comments and recommendations concerning activities reviewed Duties and Responsiblities
bull Participates in the execution of audit work bull Reviews and appraises the adequacy and the application of financial and operating controls to
ensure company objectives are met bull Examines assigned activities of areas of the company to determine the extent of all compliance
with company policies plans and procedures and rules of regulatory authorities bull Evaluates to the extent possible through the audit process managerial effectiveness in
attainment of objectives bull Prepares written reports of audit results and reviews the results with appropriate management
personnel makes recommendations for the correction of problems noted during the audit and fol-lows up on audit recommendations to ensure implementation
bull Actively seeks the development of new or improved procedures or ideas which will improve overall profitability and efficiency of the company
Experience
bull Audit experience (2+ years required) with auditing for financial reporting operations compliance fraud the safeguarding of assets and SOX
bull Strong analytical aptitude to analyze complex and often incomplete data gathered in audits bull Experience with electronic workpapers (AutoAudit or TeamMate) databases and data
manipulation (IDEA ACL or Access) bull Well developed verbal and written communication skills The ability to deal with people effectively
to attain desired objectives Education and Training
bull Accounting Finance Business Administration or related degree required Courses in auditing or computer science preferred
bull Having or pursuing CPA or CIA required bull CFE and MBA preferred bull Understanding of SOX International Professional Practices Framework and the Foreign Corrupt
Practice Act required
Travel Requirements bull Ability to travel internationally 20 to 40 percent
Page 13
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Nabors - Sr Internal Auditor
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Title Senior Internal Audit Employer Nabors Corporate Services Inc Location Houston Tx Position Summary Develops audit programs leads andor conducts internal reviews and audits Assists management in the examination of financial and operating controls and procedures to provide comments and recommendations concerning activities reviewed
Duties and Responsibilities
bull Participates in the planning and execution of audit work reviews the work of assigned audit staff to ensure sufficiency of scope and accuracy and timely completion of audits
bull Reviews and appraises the adequacy and the application of financial and operating controls to ensure company objectives are met
bull Examines assigned activities of areas of the company to determine the extent of all compliance with company policies plans and procedures and rules of regulatory authorities
bull Evaluates to the extent possible through the audit process managerial effectiveness in attainment of objectives
bull Prepares written reports of audit results and reviews the results with appropriate management personnel makes recommendations for the correction of problems noted during the audit and fol-lows up on audit recommendations to ensure implementation
bull Actively seeks the development of new or improved procedures or ideas which will improve overall profitability and efficiency of the company
bull Evaluates training needs of staff auditors enhances development of entry level auditors by providing fundamental knowledge of auditing and explaining audit objectives and procedures
bull Works closely with Audit Managers and Auditee to help ensure value added audit products Experience
bull Significant experience (4+ years preferred) in internal audit systems analysis investigative techniques accounting or general management Oil and gas industry preferred
bull Audit experience (3 years required) with auditing for financial reporting operations compliance fraud the safeguarding of assets and SOX management
bull Strong analytical aptitude to analyze complex and often incomplete data gathered in audits bull Experience with Electronic workpapers (AutoAudit or TeamMate) databases and data manipulation
(IDEA ACL or Access) Experience with Oracle preferred bull Well developed verbal and written communication skills The ability to deal with people effectively to
attain desired objectives in adversary as well as non‑adversary environment bull Supervisory skills to provide guidance and work direction to assigned support auditors
Education and Training bull Accounting Finance Business Administration or related degree required Courses in auditing or
computer science preferred bull CPA or CIA required Consider Temp waiver if actively pursuing CFE CISA and MBA preferred bull Understanding of SOX International Professional Practices Framework and the Foreign Corrupt
Practice Act required
Travel Requirements bull Ability to travel internationally 20 to 40 percent
Page 14
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Luncheon Directions and Information
Date Speaker Topic
February 1 2010 Joe Oringel (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Page 3
Day of Meeting
Registration Begins at 1130 am
Speaker Begins at Noon
Meeting Location The Houston Club
811 Rusk 713-225-1661
Pricing
Pre-Registered IIA Member $3000
Non-MemberMember Walk-
In $3500
Valet Parking $800
Upcoming SpeakersUpcoming SpeakersUpcoming Speakers
Date Speaker Topic
February 7 2011 Martin Beirne and David Pluchinsky (Partners at Beirne Maynard amp Parsons)
eDiscovery ndash Current Corporate Issues for Internal Audit Professionals
March 7 2011 John Harris (Houston Market Leader for Jefferson Wells) Modern Enterprise Risk Management
April - Cancelled No - Luncheon due to 2nd Annual Conference
A quick roundup of our upcoming speakers More information is available on our website
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Luncheon Benefits of Pre-Registration
Date Speaker Topic
February 1 2010 Joe Oringel (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Page 4
As auditors our schedule can be unpredictable at times and at a last minutersquos notice we could be sent to work on a special assignment somewhere outside of Houston or even outside of the country Because of that you may hesitate to pre-register for an event just in case your sched-ule changes Whenever possible I would encourage our Chapter members to sign up by Wednesday before each meeting Here are some good reasons why you should pre-register for the event 1 Members get a $5 discount if they pre-register for the meeting In light of our economy and companiesrsquo focus on cost reduction every $1 counts 2 Only individuals pre-registered before the cut-off are entered into the drawing If your name is not in the drawing your chance of winning is zero If your name is in your odds are about 1 to lt200 to win not so bad when compared to other games of luck 3 Pre-registered members get their certification ribbons on their name tag You get to show off your achievement 4 On the day of event you can check in quicker and save time Bring your barcode to scan and within seconds you will be in You can use the time saved to network with your peers 5 You can avoid the long line for walk-ins and possibility of miskeying your name or email address and not getting your CPE certificate Not good when that one credit hour would make a difference 6 Lastly you can help make your and other attendeesrsquo experience at the event more pleasant Right now headcount has to be estimated to account for walk-ins and committed to the Houston Club two days before each event Significant unexpected number of walk-ins poses challenges for the facility personnel to serve all attendees timely We want everyone to be able to sit down relax eat and listen to the speaker when the meeting begins
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Congratulations to our New Credential Holders
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Page 5
Please join us in congratulating our newest members who have recently obtained certifications
CIA Camille Jones Donald Onovo Clyde McNeil
Prasant Vadlamudi Jason Bolstead
Tasneem Kalolwala Matthew Hancock Anne Thompson
Roxxanna Jansen Tara L Stromberg
Kristalynn Kindschuh Dustin Greenwood
Constance Smith-Brown Grayson Taylor
Devin Jones Gary Hereford
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Welcome to Our New Members
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Page 6
We would like to extend a warm welcome to our new members If you see these people at the monthly luncheon please be sure to introduce yourself
SAVE THE DATE
Ariel Martin (HISD) Basheer Siddique (PWC)
Brandon Packnett (ABM Inc) Brittany Baker (Sterling Bank)
Chad Preston Christopher Batchelor (Goodman Mfg Company)
Erikah Abdu (Sterling Bank) Iskandar Dinota (ABM Inc)
Jeanine Hopkins (HISD) Jeffrey Helton (UT School of Public Health)
Jennifer Skrabanek (CEVA Logistics) Jenny Krause (ABM Inc)
John Bourne (Aramco Services) Marco Lara (Weatherford International Ltd)
Mary Oatman (BMC Software Inc) Michael Beck (ABM Inc)
Sabiha McConnell (Solomon Edwards Group LLC) Suryanarayana Muppala (Aramco Services)
Syed Hussain (Marathon Oil) Tariq Zia (Solomon Edwards Group LLC)
Valarie Stinson (SoftLayer Technologies Inc) Van Trinh (Weatherford International Ltd)
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Academic Relations (IAEP)
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
The Houston Chapter made donation of two thousand dollars as a part of their continued support of the University of Houston Internal Audit Student Association Jimmy Huynh President of the association accepted the check from the President of the Houston chapter Faye Stallings In his acceptance he thanked the chapter for the continued support and mentioned that they will use the funds to work towards their immediate goal to increase awareness of the internal audit profession and their organization at UH He also mentioned that this will help them fund their plans to supplement classroom instruction with student lead study and skills development workshops If you are interested in assisting the chapterrsquos Academic Relation program or being a speaker at one of the area universities please contact Rumy Jaleel-Khan at rjaleelkhandeloittecom
Page 7
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Goepfert Honored by Houston Chapter
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
On December 6 2010 the Houston Chapter Board of Governors and Officers recognized Steve Goepfert CIA for 20 years of service to the chapter Goepfert is leaving Houston to take the helm of the internal audit function at the recently-merged United Airlines in Chicago He was named Vice President ndash Internal Audit for United Airlines in October 2010 following 21 years as Chief Auditor for Continental Airlines During his time in Houston Steve served virtually every position in the chapter including President in 1999-2000 He also supported the chapter in many ways with his team of internal auditors at Continen-tal In one of the most visible accomplishments for the chapter he successfully led the proposal to bring the IIArsquos International Conference to Houston in 2006 At the IIA international level Steve also served in numerous leadership roles culminating in his 2006-07 term as the IIArsquos Chairman of the Board In that capacity he was a representative for Houston in many global activities Steve has served other industry internal audit leadership posts and has been an advocate for the advancement of internal auditing education in Texas universities At the event colleagues praised Goepfert for his leadership service and ambassadorship Many cited his commitment to mentoring and credited him with their own initial involvement in chapter activities Steve encouraged the group to continue the chapterrsquos visible role of leadership in the IIA community and service to its members
Page 8
Steve Goepfert CIA is presented with a memento of Houston by Chapter President Faye Stallings CIA
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
What is Stopping you From Taking the Next Steps
There are many benefits of passing the CIA exam Certification gives you a competitive advantage when searching for a new position or asking for a raise You will show both your peers and managers that you have the knowledge and skills as well as the commitment and motivation it takes to prepare for and pass the CIA exam
So what keeps you from taking the next step even though you know the bene-fits of being certified Are you too busy at work Does your family occupy all your free time Are you having trouble finding the money
Maybe you have considered taking the exam but you work too many hours a week to justify finding the time to study Once you are certified you will have many more career opportunities You have already shown your commitment to the company now show your commitment to the profession
Often potential candidates are short on time because they are too busy with their childrens extracur-ricular activities However your children shouldnt be the reason you dont take the exam Your kids should be THE reason you DO take the exam Set an example While your kids are doing their home-work you can study for the exam You will show them you are never too old to continue learning Once you pass the exam you will be able to make more money with better hours so you can devote more of your resources and time to your children
It is also not uncommon to hear people say they cant afford to pay for the exam fees andor review ma-terials However the truth is that you cant afford to not prepare for and pass the CIA exam Think about the exam as an investment in your future that you will be cashing in on for many years to come Ask your employer to help you with the expenses Other options are to apply for scholarships through pro-fessional organizations or ask relatives for the money as a gift for your next birthday or holiday For the recent grad it is a great graduation gift
You can always find a reason to not take the exam but remember the value in being certified There is always a way to find the time and money to accomplish your goal Once you are a CIA you will not only have professional advantages but you will also feel personal satisfaction The self-confidence gained from completing the exam and using those three letters behind your name will be well worth the energy spent on making the time and finding the cash
I would like to hear from you How did you find time to prepare What advantages of being certified have you experienced Email Gleim at iiachaptersgleimcom with your questions
Remember as a Houston Chapter member you will receive discount on Gleim material Gleim has been helping CIA candidates pass the CIA Exam since 1980
Contact Melissa at 8008745346 ext 131 or melissaleonardgleimcom to take advantage of your chapter discount or if you have any questions
Melissa Leonard Gleim Chapter Coordinator
CIA Exam Preparation
Page 9
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Chapter Achievement Points (CAP)
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Calling All CAP Points Have you spoken to a group of students or auditors outside of your company lately Have you submitted or published an article or blog about internal audit Have you participated in a Junior Achievement Event or Bowl-A-Thon Then let the chapter know Your achievements to further the profession can help our chapter gain recognition as a Platinum Level chapter
What Can I Do First keep participating in all of the educational events we provide ndash from the luncheons to the seminars to the roundtable discussions You can also help by letting us know when you speak about the profes-sion to others outside of your company (without receiving a fee) Provide Cat Hasley with the date of the speech the topic the audience and the length of the speech You can also help by letting us know if you have articles published anywhere Send Cat an email at Catherynehasleylivenationcom with the article name the date of publication and the publication name What Else Can I Do Want to get more involved Contact Chapter President Faye Stallings to see other opportunities for involvement Thanks for your help Chapter CAP Superstars
Member Topic Steve Goepfert Key Attributes of the Exceptional CAE
Joe Lynch Justifying Internal Auditrsquos services by becoming a sustainable profit center Steve Goepfert Fraud A 24 Hour Responsibility Deanna Sullivan Why People Go to the Darkside Steve Goepfert Can Internal Auditors Audit Behavior and Ethics Lara Chalmers Leveraging Controls to Save Financial and Human Capital Lara Chalmers Panel Discussion Arnie Adams Fraud Training David Ahola Fraud Training
Joanne Koocne-Hamar Monitoring for Fraud and Exceptions Joanne Koocne-Hamar Continuous Monitoring Preventing CNN Moments for CFOs Joanne Koocne-Hamar Continuous Monitoring Early Detection is the Best Prevention
Page 10
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Connrsquos - Internal Audit SOX Manager
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Title Internal Auditor Sox Manager Employer Connrsquos Inc Location Houston Tx Reporting to the Senior Manager of Internal Audit the position of the Internal Audit SOX Manager is sought for an experienced self starter who can provide immediate to advanced auditing skills in the planning execution and fol-low up of audits of various functions including Sarbanes Oxley (SOX) compliance Audit process prescribes to the risk based approach of the Committee of Sponsoring Organizations (COSO) We seek an Internal Audit Manager who will be responsible for executing internal audit engagements with minimal supervision Responsibilities
bull Executes medium to complex audits in a professional and timely manner in accordance with appropri-ate professional auditing standards SOX guidelines and prescribed Internal Audit departmental poli-cies and procedures
bull Carryout less complex audits independently and more complex audits with limited supervision bull Evaluates the adequacy and effectiveness of internal controls surrounding the activities under audit
and determining 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 with all applicable Connrsquos policies and procedures
bull Conducts detailed risk assessments of auditable areas and propose risk based audit approach bull Prepares quality audit working papers acceptable to audit department management and the standards
of the Institute of Internal Auditors (IIA) bull Writes audit programs to record the engagement scope objectives and timing of procedures including
budgets milestones and target completion dates develops medium to complex findings with clear compelling evidence makes recommendations for improvements and writes clear concise first draft reports making complex ideas understandable to laymen
bull Conducts or assists in investigation of fraud alleged theft misuse of funds or other defalcations as well as to establish how it occurred the extent of loss and means of prevention
bull Identify significant risks impacting the organizations objectives operations or resources for input to the development or revision of the annual audit plan
bull Ensure Senior Manager is informed of any issues that could impede timely completion of an engage-ment or the audit plan as a whole
bull Conduct a preliminary assessment of the risks relevant to the activity under review and incorporate the assessment results in the engagement objectives
bull Evaluate audit evidence and make proper judgments as to the necessity for additional procedures bull Review working papers to ensure they adequately support the audit findings and conclusions and to
provide reasonable assurance that the work was performed objectively bull 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
bull Communicate audit findings to the audit client and work with management to identify potential correc-tive action
bull Develop and maintain productive client staff and management relationships through individual con-tacts and group meetings
bull Monitor the disposition of results communicated to management and perform follow-up on audit find-ings to ensure corrective action is taken as agreed
bull Complete audit plan assignments efficiently within budget and estimated target dates while still main-taining a high level of effectiveness
bull Maintain technical competency by keeping current with internal audit internal control regulatory gen-eral business and technological developments and pursuing opportunities for professional develop-ment for self and the department
bull Performs other internal auditor duties as assigned Page 11
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Job Posting Connrsquos (Continued)
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Continued The ideal candidate will have a Bachelorrsquos degree in Accounting Finance Economics Management Accounting Information Systems or related field will consider a non-business degree with the appropriate audit experience or equivalent related experienceeducation Requirements
bull Two to Three (5-7) years of professional level experience in an internal audit public accounting or related environment to include (2) two years of auditing and SOX experience Knowledge of internal control concepts and technical proficiency in auditing skills
bull High level of analytical and creative skills to find solutions to complex professional technical and ad-ministrative problems Strong critical thinking ability
bull Effective oral written communications skills and interpersonal skills to effectively communicate with sensitivity to all levels of supervisory and non-supervisory employees executive staff Board Mem-bers outside consultants and others both inside and outside of the organization
bull Possesses one or more professional certifications (ie CPA CIA CISA CISSP) bull Retail credit financial services industry experience is strongly preferred bull SOX (Sarbanes Oxley) Experience strongly preferred bull Experience with automated work paper systems (TeamMate Paisley GRC Texert etc) and data
analysis software (ACL IDEA etc) is strongly preferred bull Public Accounting (Big Four) experience preferred bull IT Systems Audit experienced preferred bull Familiarity and ability to conduct general integrated audits involving test of IT controls preferred bull Ability and willingness to travel up to 30
This is the right opportunity for someone who wants a first hand ground up experience building and running an internal audit function in a public traded company a strong and highly valued skill-set that is sought out by compa-nies in all stages of the growth curve Give your ideas a chance to harness The company operates in a lean dynamic and highly entrepreneurial environment You will have frequent exposure to business leaders and execu-tives running a successful publicly traded company Location amp Benefits This position will be based out of Beaumont Texas Market salary 401(k) match vacation and comprehensive health benefit package Application Procedure Qualified candidates may email resume to rhrconnscom and apply online at wwwconnscom Note The above statements are intended to describe the general nature and level of work being performed by associates assigned to this job The statements are not intended to be an exhaustive list of all responsibilities duties and skills required of personnel so classified All associates may perform other duties as assigned
Page 12
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Nabors - Internal Auditor
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Title Internal Auditor Employer Nabors Corporate Services Inc Location Houston Tx Position Summary Assists in developing audit programs leads andor conducts internal reviews and audits Assists management in the examination of financial and operating controls and procedures to provide comments and recommendations concerning activities reviewed Duties and Responsiblities
bull Participates in the execution of audit work bull Reviews and appraises the adequacy and the application of financial and operating controls to
ensure company objectives are met bull Examines assigned activities of areas of the company to determine the extent of all compliance
with company policies plans and procedures and rules of regulatory authorities bull Evaluates to the extent possible through the audit process managerial effectiveness in
attainment of objectives bull Prepares written reports of audit results and reviews the results with appropriate management
personnel makes recommendations for the correction of problems noted during the audit and fol-lows up on audit recommendations to ensure implementation
bull Actively seeks the development of new or improved procedures or ideas which will improve overall profitability and efficiency of the company
Experience
bull Audit experience (2+ years required) with auditing for financial reporting operations compliance fraud the safeguarding of assets and SOX
bull Strong analytical aptitude to analyze complex and often incomplete data gathered in audits bull Experience with electronic workpapers (AutoAudit or TeamMate) databases and data
manipulation (IDEA ACL or Access) bull Well developed verbal and written communication skills The ability to deal with people effectively
to attain desired objectives Education and Training
bull Accounting Finance Business Administration or related degree required Courses in auditing or computer science preferred
bull Having or pursuing CPA or CIA required bull CFE and MBA preferred bull Understanding of SOX International Professional Practices Framework and the Foreign Corrupt
Practice Act required
Travel Requirements bull Ability to travel internationally 20 to 40 percent
Page 13
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Nabors - Sr Internal Auditor
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Title Senior Internal Audit Employer Nabors Corporate Services Inc Location Houston Tx Position Summary Develops audit programs leads andor conducts internal reviews and audits Assists management in the examination of financial and operating controls and procedures to provide comments and recommendations concerning activities reviewed
Duties and Responsibilities
bull Participates in the planning and execution of audit work reviews the work of assigned audit staff to ensure sufficiency of scope and accuracy and timely completion of audits
bull Reviews and appraises the adequacy and the application of financial and operating controls to ensure company objectives are met
bull Examines assigned activities of areas of the company to determine the extent of all compliance with company policies plans and procedures and rules of regulatory authorities
bull Evaluates to the extent possible through the audit process managerial effectiveness in attainment of objectives
bull Prepares written reports of audit results and reviews the results with appropriate management personnel makes recommendations for the correction of problems noted during the audit and fol-lows up on audit recommendations to ensure implementation
bull Actively seeks the development of new or improved procedures or ideas which will improve overall profitability and efficiency of the company
bull Evaluates training needs of staff auditors enhances development of entry level auditors by providing fundamental knowledge of auditing and explaining audit objectives and procedures
bull Works closely with Audit Managers and Auditee to help ensure value added audit products Experience
bull Significant experience (4+ years preferred) in internal audit systems analysis investigative techniques accounting or general management Oil and gas industry preferred
bull Audit experience (3 years required) with auditing for financial reporting operations compliance fraud the safeguarding of assets and SOX management
bull Strong analytical aptitude to analyze complex and often incomplete data gathered in audits bull Experience with Electronic workpapers (AutoAudit or TeamMate) databases and data manipulation
(IDEA ACL or Access) Experience with Oracle preferred bull Well developed verbal and written communication skills The ability to deal with people effectively to
attain desired objectives in adversary as well as non‑adversary environment bull Supervisory skills to provide guidance and work direction to assigned support auditors
Education and Training bull Accounting Finance Business Administration or related degree required Courses in auditing or
computer science preferred bull CPA or CIA required Consider Temp waiver if actively pursuing CFE CISA and MBA preferred bull Understanding of SOX International Professional Practices Framework and the Foreign Corrupt
Practice Act required
Travel Requirements bull Ability to travel internationally 20 to 40 percent
Page 14
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Luncheon Benefits of Pre-Registration
Date Speaker Topic
February 1 2010 Joe Oringel (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Page 4
As auditors our schedule can be unpredictable at times and at a last minutersquos notice we could be sent to work on a special assignment somewhere outside of Houston or even outside of the country Because of that you may hesitate to pre-register for an event just in case your sched-ule changes Whenever possible I would encourage our Chapter members to sign up by Wednesday before each meeting Here are some good reasons why you should pre-register for the event 1 Members get a $5 discount if they pre-register for the meeting In light of our economy and companiesrsquo focus on cost reduction every $1 counts 2 Only individuals pre-registered before the cut-off are entered into the drawing If your name is not in the drawing your chance of winning is zero If your name is in your odds are about 1 to lt200 to win not so bad when compared to other games of luck 3 Pre-registered members get their certification ribbons on their name tag You get to show off your achievement 4 On the day of event you can check in quicker and save time Bring your barcode to scan and within seconds you will be in You can use the time saved to network with your peers 5 You can avoid the long line for walk-ins and possibility of miskeying your name or email address and not getting your CPE certificate Not good when that one credit hour would make a difference 6 Lastly you can help make your and other attendeesrsquo experience at the event more pleasant Right now headcount has to be estimated to account for walk-ins and committed to the Houston Club two days before each event Significant unexpected number of walk-ins poses challenges for the facility personnel to serve all attendees timely We want everyone to be able to sit down relax eat and listen to the speaker when the meeting begins
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Congratulations to our New Credential Holders
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Page 5
Please join us in congratulating our newest members who have recently obtained certifications
CIA Camille Jones Donald Onovo Clyde McNeil
Prasant Vadlamudi Jason Bolstead
Tasneem Kalolwala Matthew Hancock Anne Thompson
Roxxanna Jansen Tara L Stromberg
Kristalynn Kindschuh Dustin Greenwood
Constance Smith-Brown Grayson Taylor
Devin Jones Gary Hereford
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Welcome to Our New Members
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Page 6
We would like to extend a warm welcome to our new members If you see these people at the monthly luncheon please be sure to introduce yourself
SAVE THE DATE
Ariel Martin (HISD) Basheer Siddique (PWC)
Brandon Packnett (ABM Inc) Brittany Baker (Sterling Bank)
Chad Preston Christopher Batchelor (Goodman Mfg Company)
Erikah Abdu (Sterling Bank) Iskandar Dinota (ABM Inc)
Jeanine Hopkins (HISD) Jeffrey Helton (UT School of Public Health)
Jennifer Skrabanek (CEVA Logistics) Jenny Krause (ABM Inc)
John Bourne (Aramco Services) Marco Lara (Weatherford International Ltd)
Mary Oatman (BMC Software Inc) Michael Beck (ABM Inc)
Sabiha McConnell (Solomon Edwards Group LLC) Suryanarayana Muppala (Aramco Services)
Syed Hussain (Marathon Oil) Tariq Zia (Solomon Edwards Group LLC)
Valarie Stinson (SoftLayer Technologies Inc) Van Trinh (Weatherford International Ltd)
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Academic Relations (IAEP)
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
The Houston Chapter made donation of two thousand dollars as a part of their continued support of the University of Houston Internal Audit Student Association Jimmy Huynh President of the association accepted the check from the President of the Houston chapter Faye Stallings In his acceptance he thanked the chapter for the continued support and mentioned that they will use the funds to work towards their immediate goal to increase awareness of the internal audit profession and their organization at UH He also mentioned that this will help them fund their plans to supplement classroom instruction with student lead study and skills development workshops If you are interested in assisting the chapterrsquos Academic Relation program or being a speaker at one of the area universities please contact Rumy Jaleel-Khan at rjaleelkhandeloittecom
Page 7
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Goepfert Honored by Houston Chapter
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
On December 6 2010 the Houston Chapter Board of Governors and Officers recognized Steve Goepfert CIA for 20 years of service to the chapter Goepfert is leaving Houston to take the helm of the internal audit function at the recently-merged United Airlines in Chicago He was named Vice President ndash Internal Audit for United Airlines in October 2010 following 21 years as Chief Auditor for Continental Airlines During his time in Houston Steve served virtually every position in the chapter including President in 1999-2000 He also supported the chapter in many ways with his team of internal auditors at Continen-tal In one of the most visible accomplishments for the chapter he successfully led the proposal to bring the IIArsquos International Conference to Houston in 2006 At the IIA international level Steve also served in numerous leadership roles culminating in his 2006-07 term as the IIArsquos Chairman of the Board In that capacity he was a representative for Houston in many global activities Steve has served other industry internal audit leadership posts and has been an advocate for the advancement of internal auditing education in Texas universities At the event colleagues praised Goepfert for his leadership service and ambassadorship Many cited his commitment to mentoring and credited him with their own initial involvement in chapter activities Steve encouraged the group to continue the chapterrsquos visible role of leadership in the IIA community and service to its members
Page 8
Steve Goepfert CIA is presented with a memento of Houston by Chapter President Faye Stallings CIA
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
What is Stopping you From Taking the Next Steps
There are many benefits of passing the CIA exam Certification gives you a competitive advantage when searching for a new position or asking for a raise You will show both your peers and managers that you have the knowledge and skills as well as the commitment and motivation it takes to prepare for and pass the CIA exam
So what keeps you from taking the next step even though you know the bene-fits of being certified Are you too busy at work Does your family occupy all your free time Are you having trouble finding the money
Maybe you have considered taking the exam but you work too many hours a week to justify finding the time to study Once you are certified you will have many more career opportunities You have already shown your commitment to the company now show your commitment to the profession
Often potential candidates are short on time because they are too busy with their childrens extracur-ricular activities However your children shouldnt be the reason you dont take the exam Your kids should be THE reason you DO take the exam Set an example While your kids are doing their home-work you can study for the exam You will show them you are never too old to continue learning Once you pass the exam you will be able to make more money with better hours so you can devote more of your resources and time to your children
It is also not uncommon to hear people say they cant afford to pay for the exam fees andor review ma-terials However the truth is that you cant afford to not prepare for and pass the CIA exam Think about the exam as an investment in your future that you will be cashing in on for many years to come Ask your employer to help you with the expenses Other options are to apply for scholarships through pro-fessional organizations or ask relatives for the money as a gift for your next birthday or holiday For the recent grad it is a great graduation gift
You can always find a reason to not take the exam but remember the value in being certified There is always a way to find the time and money to accomplish your goal Once you are a CIA you will not only have professional advantages but you will also feel personal satisfaction The self-confidence gained from completing the exam and using those three letters behind your name will be well worth the energy spent on making the time and finding the cash
I would like to hear from you How did you find time to prepare What advantages of being certified have you experienced Email Gleim at iiachaptersgleimcom with your questions
Remember as a Houston Chapter member you will receive discount on Gleim material Gleim has been helping CIA candidates pass the CIA Exam since 1980
Contact Melissa at 8008745346 ext 131 or melissaleonardgleimcom to take advantage of your chapter discount or if you have any questions
Melissa Leonard Gleim Chapter Coordinator
CIA Exam Preparation
Page 9
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Chapter Achievement Points (CAP)
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Calling All CAP Points Have you spoken to a group of students or auditors outside of your company lately Have you submitted or published an article or blog about internal audit Have you participated in a Junior Achievement Event or Bowl-A-Thon Then let the chapter know Your achievements to further the profession can help our chapter gain recognition as a Platinum Level chapter
What Can I Do First keep participating in all of the educational events we provide ndash from the luncheons to the seminars to the roundtable discussions You can also help by letting us know when you speak about the profes-sion to others outside of your company (without receiving a fee) Provide Cat Hasley with the date of the speech the topic the audience and the length of the speech You can also help by letting us know if you have articles published anywhere Send Cat an email at Catherynehasleylivenationcom with the article name the date of publication and the publication name What Else Can I Do Want to get more involved Contact Chapter President Faye Stallings to see other opportunities for involvement Thanks for your help Chapter CAP Superstars
Member Topic Steve Goepfert Key Attributes of the Exceptional CAE
Joe Lynch Justifying Internal Auditrsquos services by becoming a sustainable profit center Steve Goepfert Fraud A 24 Hour Responsibility Deanna Sullivan Why People Go to the Darkside Steve Goepfert Can Internal Auditors Audit Behavior and Ethics Lara Chalmers Leveraging Controls to Save Financial and Human Capital Lara Chalmers Panel Discussion Arnie Adams Fraud Training David Ahola Fraud Training
Joanne Koocne-Hamar Monitoring for Fraud and Exceptions Joanne Koocne-Hamar Continuous Monitoring Preventing CNN Moments for CFOs Joanne Koocne-Hamar Continuous Monitoring Early Detection is the Best Prevention
Page 10
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Connrsquos - Internal Audit SOX Manager
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Title Internal Auditor Sox Manager Employer Connrsquos Inc Location Houston Tx Reporting to the Senior Manager of Internal Audit the position of the Internal Audit SOX Manager is sought for an experienced self starter who can provide immediate to advanced auditing skills in the planning execution and fol-low up of audits of various functions including Sarbanes Oxley (SOX) compliance Audit process prescribes to the risk based approach of the Committee of Sponsoring Organizations (COSO) We seek an Internal Audit Manager who will be responsible for executing internal audit engagements with minimal supervision Responsibilities
bull Executes medium to complex audits in a professional and timely manner in accordance with appropri-ate professional auditing standards SOX guidelines and prescribed Internal Audit departmental poli-cies and procedures
bull Carryout less complex audits independently and more complex audits with limited supervision bull Evaluates the adequacy and effectiveness of internal controls surrounding the activities under audit
and determining 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 with all applicable Connrsquos policies and procedures
bull Conducts detailed risk assessments of auditable areas and propose risk based audit approach bull Prepares quality audit working papers acceptable to audit department management and the standards
of the Institute of Internal Auditors (IIA) bull Writes audit programs to record the engagement scope objectives and timing of procedures including
budgets milestones and target completion dates develops medium to complex findings with clear compelling evidence makes recommendations for improvements and writes clear concise first draft reports making complex ideas understandable to laymen
bull Conducts or assists in investigation of fraud alleged theft misuse of funds or other defalcations as well as to establish how it occurred the extent of loss and means of prevention
bull Identify significant risks impacting the organizations objectives operations or resources for input to the development or revision of the annual audit plan
bull Ensure Senior Manager is informed of any issues that could impede timely completion of an engage-ment or the audit plan as a whole
bull Conduct a preliminary assessment of the risks relevant to the activity under review and incorporate the assessment results in the engagement objectives
bull Evaluate audit evidence and make proper judgments as to the necessity for additional procedures bull Review working papers to ensure they adequately support the audit findings and conclusions and to
provide reasonable assurance that the work was performed objectively bull 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
bull Communicate audit findings to the audit client and work with management to identify potential correc-tive action
bull Develop and maintain productive client staff and management relationships through individual con-tacts and group meetings
bull Monitor the disposition of results communicated to management and perform follow-up on audit find-ings to ensure corrective action is taken as agreed
bull Complete audit plan assignments efficiently within budget and estimated target dates while still main-taining a high level of effectiveness
bull Maintain technical competency by keeping current with internal audit internal control regulatory gen-eral business and technological developments and pursuing opportunities for professional develop-ment for self and the department
bull Performs other internal auditor duties as assigned Page 11
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Job Posting Connrsquos (Continued)
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Continued The ideal candidate will have a Bachelorrsquos degree in Accounting Finance Economics Management Accounting Information Systems or related field will consider a non-business degree with the appropriate audit experience or equivalent related experienceeducation Requirements
bull Two to Three (5-7) years of professional level experience in an internal audit public accounting or related environment to include (2) two years of auditing and SOX experience Knowledge of internal control concepts and technical proficiency in auditing skills
bull High level of analytical and creative skills to find solutions to complex professional technical and ad-ministrative problems Strong critical thinking ability
bull Effective oral written communications skills and interpersonal skills to effectively communicate with sensitivity to all levels of supervisory and non-supervisory employees executive staff Board Mem-bers outside consultants and others both inside and outside of the organization
bull Possesses one or more professional certifications (ie CPA CIA CISA CISSP) bull Retail credit financial services industry experience is strongly preferred bull SOX (Sarbanes Oxley) Experience strongly preferred bull Experience with automated work paper systems (TeamMate Paisley GRC Texert etc) and data
analysis software (ACL IDEA etc) is strongly preferred bull Public Accounting (Big Four) experience preferred bull IT Systems Audit experienced preferred bull Familiarity and ability to conduct general integrated audits involving test of IT controls preferred bull Ability and willingness to travel up to 30
This is the right opportunity for someone who wants a first hand ground up experience building and running an internal audit function in a public traded company a strong and highly valued skill-set that is sought out by compa-nies in all stages of the growth curve Give your ideas a chance to harness The company operates in a lean dynamic and highly entrepreneurial environment You will have frequent exposure to business leaders and execu-tives running a successful publicly traded company Location amp Benefits This position will be based out of Beaumont Texas Market salary 401(k) match vacation and comprehensive health benefit package Application Procedure Qualified candidates may email resume to rhrconnscom and apply online at wwwconnscom Note The above statements are intended to describe the general nature and level of work being performed by associates assigned to this job The statements are not intended to be an exhaustive list of all responsibilities duties and skills required of personnel so classified All associates may perform other duties as assigned
Page 12
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Nabors - Internal Auditor
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Title Internal Auditor Employer Nabors Corporate Services Inc Location Houston Tx Position Summary Assists in developing audit programs leads andor conducts internal reviews and audits Assists management in the examination of financial and operating controls and procedures to provide comments and recommendations concerning activities reviewed Duties and Responsiblities
bull Participates in the execution of audit work bull Reviews and appraises the adequacy and the application of financial and operating controls to
ensure company objectives are met bull Examines assigned activities of areas of the company to determine the extent of all compliance
with company policies plans and procedures and rules of regulatory authorities bull Evaluates to the extent possible through the audit process managerial effectiveness in
attainment of objectives bull Prepares written reports of audit results and reviews the results with appropriate management
personnel makes recommendations for the correction of problems noted during the audit and fol-lows up on audit recommendations to ensure implementation
bull Actively seeks the development of new or improved procedures or ideas which will improve overall profitability and efficiency of the company
Experience
bull Audit experience (2+ years required) with auditing for financial reporting operations compliance fraud the safeguarding of assets and SOX
bull Strong analytical aptitude to analyze complex and often incomplete data gathered in audits bull Experience with electronic workpapers (AutoAudit or TeamMate) databases and data
manipulation (IDEA ACL or Access) bull Well developed verbal and written communication skills The ability to deal with people effectively
to attain desired objectives Education and Training
bull Accounting Finance Business Administration or related degree required Courses in auditing or computer science preferred
bull Having or pursuing CPA or CIA required bull CFE and MBA preferred bull Understanding of SOX International Professional Practices Framework and the Foreign Corrupt
Practice Act required
Travel Requirements bull Ability to travel internationally 20 to 40 percent
Page 13
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Nabors - Sr Internal Auditor
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Title Senior Internal Audit Employer Nabors Corporate Services Inc Location Houston Tx Position Summary Develops audit programs leads andor conducts internal reviews and audits Assists management in the examination of financial and operating controls and procedures to provide comments and recommendations concerning activities reviewed
Duties and Responsibilities
bull Participates in the planning and execution of audit work reviews the work of assigned audit staff to ensure sufficiency of scope and accuracy and timely completion of audits
bull Reviews and appraises the adequacy and the application of financial and operating controls to ensure company objectives are met
bull Examines assigned activities of areas of the company to determine the extent of all compliance with company policies plans and procedures and rules of regulatory authorities
bull Evaluates to the extent possible through the audit process managerial effectiveness in attainment of objectives
bull Prepares written reports of audit results and reviews the results with appropriate management personnel makes recommendations for the correction of problems noted during the audit and fol-lows up on audit recommendations to ensure implementation
bull Actively seeks the development of new or improved procedures or ideas which will improve overall profitability and efficiency of the company
bull Evaluates training needs of staff auditors enhances development of entry level auditors by providing fundamental knowledge of auditing and explaining audit objectives and procedures
bull Works closely with Audit Managers and Auditee to help ensure value added audit products Experience
bull Significant experience (4+ years preferred) in internal audit systems analysis investigative techniques accounting or general management Oil and gas industry preferred
bull Audit experience (3 years required) with auditing for financial reporting operations compliance fraud the safeguarding of assets and SOX management
bull Strong analytical aptitude to analyze complex and often incomplete data gathered in audits bull Experience with Electronic workpapers (AutoAudit or TeamMate) databases and data manipulation
(IDEA ACL or Access) Experience with Oracle preferred bull Well developed verbal and written communication skills The ability to deal with people effectively to
attain desired objectives in adversary as well as non‑adversary environment bull Supervisory skills to provide guidance and work direction to assigned support auditors
Education and Training bull Accounting Finance Business Administration or related degree required Courses in auditing or
computer science preferred bull CPA or CIA required Consider Temp waiver if actively pursuing CFE CISA and MBA preferred bull Understanding of SOX International Professional Practices Framework and the Foreign Corrupt
Practice Act required
Travel Requirements bull Ability to travel internationally 20 to 40 percent
Page 14
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Congratulations to our New Credential Holders
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Page 5
Please join us in congratulating our newest members who have recently obtained certifications
CIA Camille Jones Donald Onovo Clyde McNeil
Prasant Vadlamudi Jason Bolstead
Tasneem Kalolwala Matthew Hancock Anne Thompson
Roxxanna Jansen Tara L Stromberg
Kristalynn Kindschuh Dustin Greenwood
Constance Smith-Brown Grayson Taylor
Devin Jones Gary Hereford
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Welcome to Our New Members
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Page 6
We would like to extend a warm welcome to our new members If you see these people at the monthly luncheon please be sure to introduce yourself
SAVE THE DATE
Ariel Martin (HISD) Basheer Siddique (PWC)
Brandon Packnett (ABM Inc) Brittany Baker (Sterling Bank)
Chad Preston Christopher Batchelor (Goodman Mfg Company)
Erikah Abdu (Sterling Bank) Iskandar Dinota (ABM Inc)
Jeanine Hopkins (HISD) Jeffrey Helton (UT School of Public Health)
Jennifer Skrabanek (CEVA Logistics) Jenny Krause (ABM Inc)
John Bourne (Aramco Services) Marco Lara (Weatherford International Ltd)
Mary Oatman (BMC Software Inc) Michael Beck (ABM Inc)
Sabiha McConnell (Solomon Edwards Group LLC) Suryanarayana Muppala (Aramco Services)
Syed Hussain (Marathon Oil) Tariq Zia (Solomon Edwards Group LLC)
Valarie Stinson (SoftLayer Technologies Inc) Van Trinh (Weatherford International Ltd)
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Academic Relations (IAEP)
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
The Houston Chapter made donation of two thousand dollars as a part of their continued support of the University of Houston Internal Audit Student Association Jimmy Huynh President of the association accepted the check from the President of the Houston chapter Faye Stallings In his acceptance he thanked the chapter for the continued support and mentioned that they will use the funds to work towards their immediate goal to increase awareness of the internal audit profession and their organization at UH He also mentioned that this will help them fund their plans to supplement classroom instruction with student lead study and skills development workshops If you are interested in assisting the chapterrsquos Academic Relation program or being a speaker at one of the area universities please contact Rumy Jaleel-Khan at rjaleelkhandeloittecom
Page 7
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Goepfert Honored by Houston Chapter
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
On December 6 2010 the Houston Chapter Board of Governors and Officers recognized Steve Goepfert CIA for 20 years of service to the chapter Goepfert is leaving Houston to take the helm of the internal audit function at the recently-merged United Airlines in Chicago He was named Vice President ndash Internal Audit for United Airlines in October 2010 following 21 years as Chief Auditor for Continental Airlines During his time in Houston Steve served virtually every position in the chapter including President in 1999-2000 He also supported the chapter in many ways with his team of internal auditors at Continen-tal In one of the most visible accomplishments for the chapter he successfully led the proposal to bring the IIArsquos International Conference to Houston in 2006 At the IIA international level Steve also served in numerous leadership roles culminating in his 2006-07 term as the IIArsquos Chairman of the Board In that capacity he was a representative for Houston in many global activities Steve has served other industry internal audit leadership posts and has been an advocate for the advancement of internal auditing education in Texas universities At the event colleagues praised Goepfert for his leadership service and ambassadorship Many cited his commitment to mentoring and credited him with their own initial involvement in chapter activities Steve encouraged the group to continue the chapterrsquos visible role of leadership in the IIA community and service to its members
Page 8
Steve Goepfert CIA is presented with a memento of Houston by Chapter President Faye Stallings CIA
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
What is Stopping you From Taking the Next Steps
There are many benefits of passing the CIA exam Certification gives you a competitive advantage when searching for a new position or asking for a raise You will show both your peers and managers that you have the knowledge and skills as well as the commitment and motivation it takes to prepare for and pass the CIA exam
So what keeps you from taking the next step even though you know the bene-fits of being certified Are you too busy at work Does your family occupy all your free time Are you having trouble finding the money
Maybe you have considered taking the exam but you work too many hours a week to justify finding the time to study Once you are certified you will have many more career opportunities You have already shown your commitment to the company now show your commitment to the profession
Often potential candidates are short on time because they are too busy with their childrens extracur-ricular activities However your children shouldnt be the reason you dont take the exam Your kids should be THE reason you DO take the exam Set an example While your kids are doing their home-work you can study for the exam You will show them you are never too old to continue learning Once you pass the exam you will be able to make more money with better hours so you can devote more of your resources and time to your children
It is also not uncommon to hear people say they cant afford to pay for the exam fees andor review ma-terials However the truth is that you cant afford to not prepare for and pass the CIA exam Think about the exam as an investment in your future that you will be cashing in on for many years to come Ask your employer to help you with the expenses Other options are to apply for scholarships through pro-fessional organizations or ask relatives for the money as a gift for your next birthday or holiday For the recent grad it is a great graduation gift
You can always find a reason to not take the exam but remember the value in being certified There is always a way to find the time and money to accomplish your goal Once you are a CIA you will not only have professional advantages but you will also feel personal satisfaction The self-confidence gained from completing the exam and using those three letters behind your name will be well worth the energy spent on making the time and finding the cash
I would like to hear from you How did you find time to prepare What advantages of being certified have you experienced Email Gleim at iiachaptersgleimcom with your questions
Remember as a Houston Chapter member you will receive discount on Gleim material Gleim has been helping CIA candidates pass the CIA Exam since 1980
Contact Melissa at 8008745346 ext 131 or melissaleonardgleimcom to take advantage of your chapter discount or if you have any questions
Melissa Leonard Gleim Chapter Coordinator
CIA Exam Preparation
Page 9
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Chapter Achievement Points (CAP)
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Calling All CAP Points Have you spoken to a group of students or auditors outside of your company lately Have you submitted or published an article or blog about internal audit Have you participated in a Junior Achievement Event or Bowl-A-Thon Then let the chapter know Your achievements to further the profession can help our chapter gain recognition as a Platinum Level chapter
What Can I Do First keep participating in all of the educational events we provide ndash from the luncheons to the seminars to the roundtable discussions You can also help by letting us know when you speak about the profes-sion to others outside of your company (without receiving a fee) Provide Cat Hasley with the date of the speech the topic the audience and the length of the speech You can also help by letting us know if you have articles published anywhere Send Cat an email at Catherynehasleylivenationcom with the article name the date of publication and the publication name What Else Can I Do Want to get more involved Contact Chapter President Faye Stallings to see other opportunities for involvement Thanks for your help Chapter CAP Superstars
Member Topic Steve Goepfert Key Attributes of the Exceptional CAE
Joe Lynch Justifying Internal Auditrsquos services by becoming a sustainable profit center Steve Goepfert Fraud A 24 Hour Responsibility Deanna Sullivan Why People Go to the Darkside Steve Goepfert Can Internal Auditors Audit Behavior and Ethics Lara Chalmers Leveraging Controls to Save Financial and Human Capital Lara Chalmers Panel Discussion Arnie Adams Fraud Training David Ahola Fraud Training
Joanne Koocne-Hamar Monitoring for Fraud and Exceptions Joanne Koocne-Hamar Continuous Monitoring Preventing CNN Moments for CFOs Joanne Koocne-Hamar Continuous Monitoring Early Detection is the Best Prevention
Page 10
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Connrsquos - Internal Audit SOX Manager
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Title Internal Auditor Sox Manager Employer Connrsquos Inc Location Houston Tx Reporting to the Senior Manager of Internal Audit the position of the Internal Audit SOX Manager is sought for an experienced self starter who can provide immediate to advanced auditing skills in the planning execution and fol-low up of audits of various functions including Sarbanes Oxley (SOX) compliance Audit process prescribes to the risk based approach of the Committee of Sponsoring Organizations (COSO) We seek an Internal Audit Manager who will be responsible for executing internal audit engagements with minimal supervision Responsibilities
bull Executes medium to complex audits in a professional and timely manner in accordance with appropri-ate professional auditing standards SOX guidelines and prescribed Internal Audit departmental poli-cies and procedures
bull Carryout less complex audits independently and more complex audits with limited supervision bull Evaluates the adequacy and effectiveness of internal controls surrounding the activities under audit
and determining 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 with all applicable Connrsquos policies and procedures
bull Conducts detailed risk assessments of auditable areas and propose risk based audit approach bull Prepares quality audit working papers acceptable to audit department management and the standards
of the Institute of Internal Auditors (IIA) bull Writes audit programs to record the engagement scope objectives and timing of procedures including
budgets milestones and target completion dates develops medium to complex findings with clear compelling evidence makes recommendations for improvements and writes clear concise first draft reports making complex ideas understandable to laymen
bull Conducts or assists in investigation of fraud alleged theft misuse of funds or other defalcations as well as to establish how it occurred the extent of loss and means of prevention
bull Identify significant risks impacting the organizations objectives operations or resources for input to the development or revision of the annual audit plan
bull Ensure Senior Manager is informed of any issues that could impede timely completion of an engage-ment or the audit plan as a whole
bull Conduct a preliminary assessment of the risks relevant to the activity under review and incorporate the assessment results in the engagement objectives
bull Evaluate audit evidence and make proper judgments as to the necessity for additional procedures bull Review working papers to ensure they adequately support the audit findings and conclusions and to
provide reasonable assurance that the work was performed objectively bull 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
bull Communicate audit findings to the audit client and work with management to identify potential correc-tive action
bull Develop and maintain productive client staff and management relationships through individual con-tacts and group meetings
bull Monitor the disposition of results communicated to management and perform follow-up on audit find-ings to ensure corrective action is taken as agreed
bull Complete audit plan assignments efficiently within budget and estimated target dates while still main-taining a high level of effectiveness
bull Maintain technical competency by keeping current with internal audit internal control regulatory gen-eral business and technological developments and pursuing opportunities for professional develop-ment for self and the department
bull Performs other internal auditor duties as assigned Page 11
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Job Posting Connrsquos (Continued)
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Continued The ideal candidate will have a Bachelorrsquos degree in Accounting Finance Economics Management Accounting Information Systems or related field will consider a non-business degree with the appropriate audit experience or equivalent related experienceeducation Requirements
bull Two to Three (5-7) years of professional level experience in an internal audit public accounting or related environment to include (2) two years of auditing and SOX experience Knowledge of internal control concepts and technical proficiency in auditing skills
bull High level of analytical and creative skills to find solutions to complex professional technical and ad-ministrative problems Strong critical thinking ability
bull Effective oral written communications skills and interpersonal skills to effectively communicate with sensitivity to all levels of supervisory and non-supervisory employees executive staff Board Mem-bers outside consultants and others both inside and outside of the organization
bull Possesses one or more professional certifications (ie CPA CIA CISA CISSP) bull Retail credit financial services industry experience is strongly preferred bull SOX (Sarbanes Oxley) Experience strongly preferred bull Experience with automated work paper systems (TeamMate Paisley GRC Texert etc) and data
analysis software (ACL IDEA etc) is strongly preferred bull Public Accounting (Big Four) experience preferred bull IT Systems Audit experienced preferred bull Familiarity and ability to conduct general integrated audits involving test of IT controls preferred bull Ability and willingness to travel up to 30
This is the right opportunity for someone who wants a first hand ground up experience building and running an internal audit function in a public traded company a strong and highly valued skill-set that is sought out by compa-nies in all stages of the growth curve Give your ideas a chance to harness The company operates in a lean dynamic and highly entrepreneurial environment You will have frequent exposure to business leaders and execu-tives running a successful publicly traded company Location amp Benefits This position will be based out of Beaumont Texas Market salary 401(k) match vacation and comprehensive health benefit package Application Procedure Qualified candidates may email resume to rhrconnscom and apply online at wwwconnscom Note The above statements are intended to describe the general nature and level of work being performed by associates assigned to this job The statements are not intended to be an exhaustive list of all responsibilities duties and skills required of personnel so classified All associates may perform other duties as assigned
Page 12
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Nabors - Internal Auditor
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Title Internal Auditor Employer Nabors Corporate Services Inc Location Houston Tx Position Summary Assists in developing audit programs leads andor conducts internal reviews and audits Assists management in the examination of financial and operating controls and procedures to provide comments and recommendations concerning activities reviewed Duties and Responsiblities
bull Participates in the execution of audit work bull Reviews and appraises the adequacy and the application of financial and operating controls to
ensure company objectives are met bull Examines assigned activities of areas of the company to determine the extent of all compliance
with company policies plans and procedures and rules of regulatory authorities bull Evaluates to the extent possible through the audit process managerial effectiveness in
attainment of objectives bull Prepares written reports of audit results and reviews the results with appropriate management
personnel makes recommendations for the correction of problems noted during the audit and fol-lows up on audit recommendations to ensure implementation
bull Actively seeks the development of new or improved procedures or ideas which will improve overall profitability and efficiency of the company
Experience
bull Audit experience (2+ years required) with auditing for financial reporting operations compliance fraud the safeguarding of assets and SOX
bull Strong analytical aptitude to analyze complex and often incomplete data gathered in audits bull Experience with electronic workpapers (AutoAudit or TeamMate) databases and data
manipulation (IDEA ACL or Access) bull Well developed verbal and written communication skills The ability to deal with people effectively
to attain desired objectives Education and Training
bull Accounting Finance Business Administration or related degree required Courses in auditing or computer science preferred
bull Having or pursuing CPA or CIA required bull CFE and MBA preferred bull Understanding of SOX International Professional Practices Framework and the Foreign Corrupt
Practice Act required
Travel Requirements bull Ability to travel internationally 20 to 40 percent
Page 13
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Nabors - Sr Internal Auditor
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Title Senior Internal Audit Employer Nabors Corporate Services Inc Location Houston Tx Position Summary Develops audit programs leads andor conducts internal reviews and audits Assists management in the examination of financial and operating controls and procedures to provide comments and recommendations concerning activities reviewed
Duties and Responsibilities
bull Participates in the planning and execution of audit work reviews the work of assigned audit staff to ensure sufficiency of scope and accuracy and timely completion of audits
bull Reviews and appraises the adequacy and the application of financial and operating controls to ensure company objectives are met
bull Examines assigned activities of areas of the company to determine the extent of all compliance with company policies plans and procedures and rules of regulatory authorities
bull Evaluates to the extent possible through the audit process managerial effectiveness in attainment of objectives
bull Prepares written reports of audit results and reviews the results with appropriate management personnel makes recommendations for the correction of problems noted during the audit and fol-lows up on audit recommendations to ensure implementation
bull Actively seeks the development of new or improved procedures or ideas which will improve overall profitability and efficiency of the company
bull Evaluates training needs of staff auditors enhances development of entry level auditors by providing fundamental knowledge of auditing and explaining audit objectives and procedures
bull Works closely with Audit Managers and Auditee to help ensure value added audit products Experience
bull Significant experience (4+ years preferred) in internal audit systems analysis investigative techniques accounting or general management Oil and gas industry preferred
bull Audit experience (3 years required) with auditing for financial reporting operations compliance fraud the safeguarding of assets and SOX management
bull Strong analytical aptitude to analyze complex and often incomplete data gathered in audits bull Experience with Electronic workpapers (AutoAudit or TeamMate) databases and data manipulation
(IDEA ACL or Access) Experience with Oracle preferred bull Well developed verbal and written communication skills The ability to deal with people effectively to
attain desired objectives in adversary as well as non‑adversary environment bull Supervisory skills to provide guidance and work direction to assigned support auditors
Education and Training bull Accounting Finance Business Administration or related degree required Courses in auditing or
computer science preferred bull CPA or CIA required Consider Temp waiver if actively pursuing CFE CISA and MBA preferred bull Understanding of SOX International Professional Practices Framework and the Foreign Corrupt
Practice Act required
Travel Requirements bull Ability to travel internationally 20 to 40 percent
Page 14
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Welcome to Our New Members
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Page 6
We would like to extend a warm welcome to our new members If you see these people at the monthly luncheon please be sure to introduce yourself
SAVE THE DATE
Ariel Martin (HISD) Basheer Siddique (PWC)
Brandon Packnett (ABM Inc) Brittany Baker (Sterling Bank)
Chad Preston Christopher Batchelor (Goodman Mfg Company)
Erikah Abdu (Sterling Bank) Iskandar Dinota (ABM Inc)
Jeanine Hopkins (HISD) Jeffrey Helton (UT School of Public Health)
Jennifer Skrabanek (CEVA Logistics) Jenny Krause (ABM Inc)
John Bourne (Aramco Services) Marco Lara (Weatherford International Ltd)
Mary Oatman (BMC Software Inc) Michael Beck (ABM Inc)
Sabiha McConnell (Solomon Edwards Group LLC) Suryanarayana Muppala (Aramco Services)
Syed Hussain (Marathon Oil) Tariq Zia (Solomon Edwards Group LLC)
Valarie Stinson (SoftLayer Technologies Inc) Van Trinh (Weatherford International Ltd)
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Academic Relations (IAEP)
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
The Houston Chapter made donation of two thousand dollars as a part of their continued support of the University of Houston Internal Audit Student Association Jimmy Huynh President of the association accepted the check from the President of the Houston chapter Faye Stallings In his acceptance he thanked the chapter for the continued support and mentioned that they will use the funds to work towards their immediate goal to increase awareness of the internal audit profession and their organization at UH He also mentioned that this will help them fund their plans to supplement classroom instruction with student lead study and skills development workshops If you are interested in assisting the chapterrsquos Academic Relation program or being a speaker at one of the area universities please contact Rumy Jaleel-Khan at rjaleelkhandeloittecom
Page 7
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Goepfert Honored by Houston Chapter
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
On December 6 2010 the Houston Chapter Board of Governors and Officers recognized Steve Goepfert CIA for 20 years of service to the chapter Goepfert is leaving Houston to take the helm of the internal audit function at the recently-merged United Airlines in Chicago He was named Vice President ndash Internal Audit for United Airlines in October 2010 following 21 years as Chief Auditor for Continental Airlines During his time in Houston Steve served virtually every position in the chapter including President in 1999-2000 He also supported the chapter in many ways with his team of internal auditors at Continen-tal In one of the most visible accomplishments for the chapter he successfully led the proposal to bring the IIArsquos International Conference to Houston in 2006 At the IIA international level Steve also served in numerous leadership roles culminating in his 2006-07 term as the IIArsquos Chairman of the Board In that capacity he was a representative for Houston in many global activities Steve has served other industry internal audit leadership posts and has been an advocate for the advancement of internal auditing education in Texas universities At the event colleagues praised Goepfert for his leadership service and ambassadorship Many cited his commitment to mentoring and credited him with their own initial involvement in chapter activities Steve encouraged the group to continue the chapterrsquos visible role of leadership in the IIA community and service to its members
Page 8
Steve Goepfert CIA is presented with a memento of Houston by Chapter President Faye Stallings CIA
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
What is Stopping you From Taking the Next Steps
There are many benefits of passing the CIA exam Certification gives you a competitive advantage when searching for a new position or asking for a raise You will show both your peers and managers that you have the knowledge and skills as well as the commitment and motivation it takes to prepare for and pass the CIA exam
So what keeps you from taking the next step even though you know the bene-fits of being certified Are you too busy at work Does your family occupy all your free time Are you having trouble finding the money
Maybe you have considered taking the exam but you work too many hours a week to justify finding the time to study Once you are certified you will have many more career opportunities You have already shown your commitment to the company now show your commitment to the profession
Often potential candidates are short on time because they are too busy with their childrens extracur-ricular activities However your children shouldnt be the reason you dont take the exam Your kids should be THE reason you DO take the exam Set an example While your kids are doing their home-work you can study for the exam You will show them you are never too old to continue learning Once you pass the exam you will be able to make more money with better hours so you can devote more of your resources and time to your children
It is also not uncommon to hear people say they cant afford to pay for the exam fees andor review ma-terials However the truth is that you cant afford to not prepare for and pass the CIA exam Think about the exam as an investment in your future that you will be cashing in on for many years to come Ask your employer to help you with the expenses Other options are to apply for scholarships through pro-fessional organizations or ask relatives for the money as a gift for your next birthday or holiday For the recent grad it is a great graduation gift
You can always find a reason to not take the exam but remember the value in being certified There is always a way to find the time and money to accomplish your goal Once you are a CIA you will not only have professional advantages but you will also feel personal satisfaction The self-confidence gained from completing the exam and using those three letters behind your name will be well worth the energy spent on making the time and finding the cash
I would like to hear from you How did you find time to prepare What advantages of being certified have you experienced Email Gleim at iiachaptersgleimcom with your questions
Remember as a Houston Chapter member you will receive discount on Gleim material Gleim has been helping CIA candidates pass the CIA Exam since 1980
Contact Melissa at 8008745346 ext 131 or melissaleonardgleimcom to take advantage of your chapter discount or if you have any questions
Melissa Leonard Gleim Chapter Coordinator
CIA Exam Preparation
Page 9
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Chapter Achievement Points (CAP)
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Calling All CAP Points Have you spoken to a group of students or auditors outside of your company lately Have you submitted or published an article or blog about internal audit Have you participated in a Junior Achievement Event or Bowl-A-Thon Then let the chapter know Your achievements to further the profession can help our chapter gain recognition as a Platinum Level chapter
What Can I Do First keep participating in all of the educational events we provide ndash from the luncheons to the seminars to the roundtable discussions You can also help by letting us know when you speak about the profes-sion to others outside of your company (without receiving a fee) Provide Cat Hasley with the date of the speech the topic the audience and the length of the speech You can also help by letting us know if you have articles published anywhere Send Cat an email at Catherynehasleylivenationcom with the article name the date of publication and the publication name What Else Can I Do Want to get more involved Contact Chapter President Faye Stallings to see other opportunities for involvement Thanks for your help Chapter CAP Superstars
Member Topic Steve Goepfert Key Attributes of the Exceptional CAE
Joe Lynch Justifying Internal Auditrsquos services by becoming a sustainable profit center Steve Goepfert Fraud A 24 Hour Responsibility Deanna Sullivan Why People Go to the Darkside Steve Goepfert Can Internal Auditors Audit Behavior and Ethics Lara Chalmers Leveraging Controls to Save Financial and Human Capital Lara Chalmers Panel Discussion Arnie Adams Fraud Training David Ahola Fraud Training
Joanne Koocne-Hamar Monitoring for Fraud and Exceptions Joanne Koocne-Hamar Continuous Monitoring Preventing CNN Moments for CFOs Joanne Koocne-Hamar Continuous Monitoring Early Detection is the Best Prevention
Page 10
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Connrsquos - Internal Audit SOX Manager
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Title Internal Auditor Sox Manager Employer Connrsquos Inc Location Houston Tx Reporting to the Senior Manager of Internal Audit the position of the Internal Audit SOX Manager is sought for an experienced self starter who can provide immediate to advanced auditing skills in the planning execution and fol-low up of audits of various functions including Sarbanes Oxley (SOX) compliance Audit process prescribes to the risk based approach of the Committee of Sponsoring Organizations (COSO) We seek an Internal Audit Manager who will be responsible for executing internal audit engagements with minimal supervision Responsibilities
bull Executes medium to complex audits in a professional and timely manner in accordance with appropri-ate professional auditing standards SOX guidelines and prescribed Internal Audit departmental poli-cies and procedures
bull Carryout less complex audits independently and more complex audits with limited supervision bull Evaluates the adequacy and effectiveness of internal controls surrounding the activities under audit
and determining 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 with all applicable Connrsquos policies and procedures
bull Conducts detailed risk assessments of auditable areas and propose risk based audit approach bull Prepares quality audit working papers acceptable to audit department management and the standards
of the Institute of Internal Auditors (IIA) bull Writes audit programs to record the engagement scope objectives and timing of procedures including
budgets milestones and target completion dates develops medium to complex findings with clear compelling evidence makes recommendations for improvements and writes clear concise first draft reports making complex ideas understandable to laymen
bull Conducts or assists in investigation of fraud alleged theft misuse of funds or other defalcations as well as to establish how it occurred the extent of loss and means of prevention
bull Identify significant risks impacting the organizations objectives operations or resources for input to the development or revision of the annual audit plan
bull Ensure Senior Manager is informed of any issues that could impede timely completion of an engage-ment or the audit plan as a whole
bull Conduct a preliminary assessment of the risks relevant to the activity under review and incorporate the assessment results in the engagement objectives
bull Evaluate audit evidence and make proper judgments as to the necessity for additional procedures bull Review working papers to ensure they adequately support the audit findings and conclusions and to
provide reasonable assurance that the work was performed objectively bull 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
bull Communicate audit findings to the audit client and work with management to identify potential correc-tive action
bull Develop and maintain productive client staff and management relationships through individual con-tacts and group meetings
bull Monitor the disposition of results communicated to management and perform follow-up on audit find-ings to ensure corrective action is taken as agreed
bull Complete audit plan assignments efficiently within budget and estimated target dates while still main-taining a high level of effectiveness
bull Maintain technical competency by keeping current with internal audit internal control regulatory gen-eral business and technological developments and pursuing opportunities for professional develop-ment for self and the department
bull Performs other internal auditor duties as assigned Page 11
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Job Posting Connrsquos (Continued)
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Continued The ideal candidate will have a Bachelorrsquos degree in Accounting Finance Economics Management Accounting Information Systems or related field will consider a non-business degree with the appropriate audit experience or equivalent related experienceeducation Requirements
bull Two to Three (5-7) years of professional level experience in an internal audit public accounting or related environment to include (2) two years of auditing and SOX experience Knowledge of internal control concepts and technical proficiency in auditing skills
bull High level of analytical and creative skills to find solutions to complex professional technical and ad-ministrative problems Strong critical thinking ability
bull Effective oral written communications skills and interpersonal skills to effectively communicate with sensitivity to all levels of supervisory and non-supervisory employees executive staff Board Mem-bers outside consultants and others both inside and outside of the organization
bull Possesses one or more professional certifications (ie CPA CIA CISA CISSP) bull Retail credit financial services industry experience is strongly preferred bull SOX (Sarbanes Oxley) Experience strongly preferred bull Experience with automated work paper systems (TeamMate Paisley GRC Texert etc) and data
analysis software (ACL IDEA etc) is strongly preferred bull Public Accounting (Big Four) experience preferred bull IT Systems Audit experienced preferred bull Familiarity and ability to conduct general integrated audits involving test of IT controls preferred bull Ability and willingness to travel up to 30
This is the right opportunity for someone who wants a first hand ground up experience building and running an internal audit function in a public traded company a strong and highly valued skill-set that is sought out by compa-nies in all stages of the growth curve Give your ideas a chance to harness The company operates in a lean dynamic and highly entrepreneurial environment You will have frequent exposure to business leaders and execu-tives running a successful publicly traded company Location amp Benefits This position will be based out of Beaumont Texas Market salary 401(k) match vacation and comprehensive health benefit package Application Procedure Qualified candidates may email resume to rhrconnscom and apply online at wwwconnscom Note The above statements are intended to describe the general nature and level of work being performed by associates assigned to this job The statements are not intended to be an exhaustive list of all responsibilities duties and skills required of personnel so classified All associates may perform other duties as assigned
Page 12
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Nabors - Internal Auditor
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Title Internal Auditor Employer Nabors Corporate Services Inc Location Houston Tx Position Summary Assists in developing audit programs leads andor conducts internal reviews and audits Assists management in the examination of financial and operating controls and procedures to provide comments and recommendations concerning activities reviewed Duties and Responsiblities
bull Participates in the execution of audit work bull Reviews and appraises the adequacy and the application of financial and operating controls to
ensure company objectives are met bull Examines assigned activities of areas of the company to determine the extent of all compliance
with company policies plans and procedures and rules of regulatory authorities bull Evaluates to the extent possible through the audit process managerial effectiveness in
attainment of objectives bull Prepares written reports of audit results and reviews the results with appropriate management
personnel makes recommendations for the correction of problems noted during the audit and fol-lows up on audit recommendations to ensure implementation
bull Actively seeks the development of new or improved procedures or ideas which will improve overall profitability and efficiency of the company
Experience
bull Audit experience (2+ years required) with auditing for financial reporting operations compliance fraud the safeguarding of assets and SOX
bull Strong analytical aptitude to analyze complex and often incomplete data gathered in audits bull Experience with electronic workpapers (AutoAudit or TeamMate) databases and data
manipulation (IDEA ACL or Access) bull Well developed verbal and written communication skills The ability to deal with people effectively
to attain desired objectives Education and Training
bull Accounting Finance Business Administration or related degree required Courses in auditing or computer science preferred
bull Having or pursuing CPA or CIA required bull CFE and MBA preferred bull Understanding of SOX International Professional Practices Framework and the Foreign Corrupt
Practice Act required
Travel Requirements bull Ability to travel internationally 20 to 40 percent
Page 13
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Nabors - Sr Internal Auditor
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Title Senior Internal Audit Employer Nabors Corporate Services Inc Location Houston Tx Position Summary Develops audit programs leads andor conducts internal reviews and audits Assists management in the examination of financial and operating controls and procedures to provide comments and recommendations concerning activities reviewed
Duties and Responsibilities
bull Participates in the planning and execution of audit work reviews the work of assigned audit staff to ensure sufficiency of scope and accuracy and timely completion of audits
bull Reviews and appraises the adequacy and the application of financial and operating controls to ensure company objectives are met
bull Examines assigned activities of areas of the company to determine the extent of all compliance with company policies plans and procedures and rules of regulatory authorities
bull Evaluates to the extent possible through the audit process managerial effectiveness in attainment of objectives
bull Prepares written reports of audit results and reviews the results with appropriate management personnel makes recommendations for the correction of problems noted during the audit and fol-lows up on audit recommendations to ensure implementation
bull Actively seeks the development of new or improved procedures or ideas which will improve overall profitability and efficiency of the company
bull Evaluates training needs of staff auditors enhances development of entry level auditors by providing fundamental knowledge of auditing and explaining audit objectives and procedures
bull Works closely with Audit Managers and Auditee to help ensure value added audit products Experience
bull Significant experience (4+ years preferred) in internal audit systems analysis investigative techniques accounting or general management Oil and gas industry preferred
bull Audit experience (3 years required) with auditing for financial reporting operations compliance fraud the safeguarding of assets and SOX management
bull Strong analytical aptitude to analyze complex and often incomplete data gathered in audits bull Experience with Electronic workpapers (AutoAudit or TeamMate) databases and data manipulation
(IDEA ACL or Access) Experience with Oracle preferred bull Well developed verbal and written communication skills The ability to deal with people effectively to
attain desired objectives in adversary as well as non‑adversary environment bull Supervisory skills to provide guidance and work direction to assigned support auditors
Education and Training bull Accounting Finance Business Administration or related degree required Courses in auditing or
computer science preferred bull CPA or CIA required Consider Temp waiver if actively pursuing CFE CISA and MBA preferred bull Understanding of SOX International Professional Practices Framework and the Foreign Corrupt
Practice Act required
Travel Requirements bull Ability to travel internationally 20 to 40 percent
Page 14
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Academic Relations (IAEP)
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
The Houston Chapter made donation of two thousand dollars as a part of their continued support of the University of Houston Internal Audit Student Association Jimmy Huynh President of the association accepted the check from the President of the Houston chapter Faye Stallings In his acceptance he thanked the chapter for the continued support and mentioned that they will use the funds to work towards their immediate goal to increase awareness of the internal audit profession and their organization at UH He also mentioned that this will help them fund their plans to supplement classroom instruction with student lead study and skills development workshops If you are interested in assisting the chapterrsquos Academic Relation program or being a speaker at one of the area universities please contact Rumy Jaleel-Khan at rjaleelkhandeloittecom
Page 7
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Goepfert Honored by Houston Chapter
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
On December 6 2010 the Houston Chapter Board of Governors and Officers recognized Steve Goepfert CIA for 20 years of service to the chapter Goepfert is leaving Houston to take the helm of the internal audit function at the recently-merged United Airlines in Chicago He was named Vice President ndash Internal Audit for United Airlines in October 2010 following 21 years as Chief Auditor for Continental Airlines During his time in Houston Steve served virtually every position in the chapter including President in 1999-2000 He also supported the chapter in many ways with his team of internal auditors at Continen-tal In one of the most visible accomplishments for the chapter he successfully led the proposal to bring the IIArsquos International Conference to Houston in 2006 At the IIA international level Steve also served in numerous leadership roles culminating in his 2006-07 term as the IIArsquos Chairman of the Board In that capacity he was a representative for Houston in many global activities Steve has served other industry internal audit leadership posts and has been an advocate for the advancement of internal auditing education in Texas universities At the event colleagues praised Goepfert for his leadership service and ambassadorship Many cited his commitment to mentoring and credited him with their own initial involvement in chapter activities Steve encouraged the group to continue the chapterrsquos visible role of leadership in the IIA community and service to its members
Page 8
Steve Goepfert CIA is presented with a memento of Houston by Chapter President Faye Stallings CIA
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
What is Stopping you From Taking the Next Steps
There are many benefits of passing the CIA exam Certification gives you a competitive advantage when searching for a new position or asking for a raise You will show both your peers and managers that you have the knowledge and skills as well as the commitment and motivation it takes to prepare for and pass the CIA exam
So what keeps you from taking the next step even though you know the bene-fits of being certified Are you too busy at work Does your family occupy all your free time Are you having trouble finding the money
Maybe you have considered taking the exam but you work too many hours a week to justify finding the time to study Once you are certified you will have many more career opportunities You have already shown your commitment to the company now show your commitment to the profession
Often potential candidates are short on time because they are too busy with their childrens extracur-ricular activities However your children shouldnt be the reason you dont take the exam Your kids should be THE reason you DO take the exam Set an example While your kids are doing their home-work you can study for the exam You will show them you are never too old to continue learning Once you pass the exam you will be able to make more money with better hours so you can devote more of your resources and time to your children
It is also not uncommon to hear people say they cant afford to pay for the exam fees andor review ma-terials However the truth is that you cant afford to not prepare for and pass the CIA exam Think about the exam as an investment in your future that you will be cashing in on for many years to come Ask your employer to help you with the expenses Other options are to apply for scholarships through pro-fessional organizations or ask relatives for the money as a gift for your next birthday or holiday For the recent grad it is a great graduation gift
You can always find a reason to not take the exam but remember the value in being certified There is always a way to find the time and money to accomplish your goal Once you are a CIA you will not only have professional advantages but you will also feel personal satisfaction The self-confidence gained from completing the exam and using those three letters behind your name will be well worth the energy spent on making the time and finding the cash
I would like to hear from you How did you find time to prepare What advantages of being certified have you experienced Email Gleim at iiachaptersgleimcom with your questions
Remember as a Houston Chapter member you will receive discount on Gleim material Gleim has been helping CIA candidates pass the CIA Exam since 1980
Contact Melissa at 8008745346 ext 131 or melissaleonardgleimcom to take advantage of your chapter discount or if you have any questions
Melissa Leonard Gleim Chapter Coordinator
CIA Exam Preparation
Page 9
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Chapter Achievement Points (CAP)
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Calling All CAP Points Have you spoken to a group of students or auditors outside of your company lately Have you submitted or published an article or blog about internal audit Have you participated in a Junior Achievement Event or Bowl-A-Thon Then let the chapter know Your achievements to further the profession can help our chapter gain recognition as a Platinum Level chapter
What Can I Do First keep participating in all of the educational events we provide ndash from the luncheons to the seminars to the roundtable discussions You can also help by letting us know when you speak about the profes-sion to others outside of your company (without receiving a fee) Provide Cat Hasley with the date of the speech the topic the audience and the length of the speech You can also help by letting us know if you have articles published anywhere Send Cat an email at Catherynehasleylivenationcom with the article name the date of publication and the publication name What Else Can I Do Want to get more involved Contact Chapter President Faye Stallings to see other opportunities for involvement Thanks for your help Chapter CAP Superstars
Member Topic Steve Goepfert Key Attributes of the Exceptional CAE
Joe Lynch Justifying Internal Auditrsquos services by becoming a sustainable profit center Steve Goepfert Fraud A 24 Hour Responsibility Deanna Sullivan Why People Go to the Darkside Steve Goepfert Can Internal Auditors Audit Behavior and Ethics Lara Chalmers Leveraging Controls to Save Financial and Human Capital Lara Chalmers Panel Discussion Arnie Adams Fraud Training David Ahola Fraud Training
Joanne Koocne-Hamar Monitoring for Fraud and Exceptions Joanne Koocne-Hamar Continuous Monitoring Preventing CNN Moments for CFOs Joanne Koocne-Hamar Continuous Monitoring Early Detection is the Best Prevention
Page 10
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Connrsquos - Internal Audit SOX Manager
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Title Internal Auditor Sox Manager Employer Connrsquos Inc Location Houston Tx Reporting to the Senior Manager of Internal Audit the position of the Internal Audit SOX Manager is sought for an experienced self starter who can provide immediate to advanced auditing skills in the planning execution and fol-low up of audits of various functions including Sarbanes Oxley (SOX) compliance Audit process prescribes to the risk based approach of the Committee of Sponsoring Organizations (COSO) We seek an Internal Audit Manager who will be responsible for executing internal audit engagements with minimal supervision Responsibilities
bull Executes medium to complex audits in a professional and timely manner in accordance with appropri-ate professional auditing standards SOX guidelines and prescribed Internal Audit departmental poli-cies and procedures
bull Carryout less complex audits independently and more complex audits with limited supervision bull Evaluates the adequacy and effectiveness of internal controls surrounding the activities under audit
and determining 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 with all applicable Connrsquos policies and procedures
bull Conducts detailed risk assessments of auditable areas and propose risk based audit approach bull Prepares quality audit working papers acceptable to audit department management and the standards
of the Institute of Internal Auditors (IIA) bull Writes audit programs to record the engagement scope objectives and timing of procedures including
budgets milestones and target completion dates develops medium to complex findings with clear compelling evidence makes recommendations for improvements and writes clear concise first draft reports making complex ideas understandable to laymen
bull Conducts or assists in investigation of fraud alleged theft misuse of funds or other defalcations as well as to establish how it occurred the extent of loss and means of prevention
bull Identify significant risks impacting the organizations objectives operations or resources for input to the development or revision of the annual audit plan
bull Ensure Senior Manager is informed of any issues that could impede timely completion of an engage-ment or the audit plan as a whole
bull Conduct a preliminary assessment of the risks relevant to the activity under review and incorporate the assessment results in the engagement objectives
bull Evaluate audit evidence and make proper judgments as to the necessity for additional procedures bull Review working papers to ensure they adequately support the audit findings and conclusions and to
provide reasonable assurance that the work was performed objectively bull 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
bull Communicate audit findings to the audit client and work with management to identify potential correc-tive action
bull Develop and maintain productive client staff and management relationships through individual con-tacts and group meetings
bull Monitor the disposition of results communicated to management and perform follow-up on audit find-ings to ensure corrective action is taken as agreed
bull Complete audit plan assignments efficiently within budget and estimated target dates while still main-taining a high level of effectiveness
bull Maintain technical competency by keeping current with internal audit internal control regulatory gen-eral business and technological developments and pursuing opportunities for professional develop-ment for self and the department
bull Performs other internal auditor duties as assigned Page 11
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Job Posting Connrsquos (Continued)
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Continued The ideal candidate will have a Bachelorrsquos degree in Accounting Finance Economics Management Accounting Information Systems or related field will consider a non-business degree with the appropriate audit experience or equivalent related experienceeducation Requirements
bull Two to Three (5-7) years of professional level experience in an internal audit public accounting or related environment to include (2) two years of auditing and SOX experience Knowledge of internal control concepts and technical proficiency in auditing skills
bull High level of analytical and creative skills to find solutions to complex professional technical and ad-ministrative problems Strong critical thinking ability
bull Effective oral written communications skills and interpersonal skills to effectively communicate with sensitivity to all levels of supervisory and non-supervisory employees executive staff Board Mem-bers outside consultants and others both inside and outside of the organization
bull Possesses one or more professional certifications (ie CPA CIA CISA CISSP) bull Retail credit financial services industry experience is strongly preferred bull SOX (Sarbanes Oxley) Experience strongly preferred bull Experience with automated work paper systems (TeamMate Paisley GRC Texert etc) and data
analysis software (ACL IDEA etc) is strongly preferred bull Public Accounting (Big Four) experience preferred bull IT Systems Audit experienced preferred bull Familiarity and ability to conduct general integrated audits involving test of IT controls preferred bull Ability and willingness to travel up to 30
This is the right opportunity for someone who wants a first hand ground up experience building and running an internal audit function in a public traded company a strong and highly valued skill-set that is sought out by compa-nies in all stages of the growth curve Give your ideas a chance to harness The company operates in a lean dynamic and highly entrepreneurial environment You will have frequent exposure to business leaders and execu-tives running a successful publicly traded company Location amp Benefits This position will be based out of Beaumont Texas Market salary 401(k) match vacation and comprehensive health benefit package Application Procedure Qualified candidates may email resume to rhrconnscom and apply online at wwwconnscom Note The above statements are intended to describe the general nature and level of work being performed by associates assigned to this job The statements are not intended to be an exhaustive list of all responsibilities duties and skills required of personnel so classified All associates may perform other duties as assigned
Page 12
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Nabors - Internal Auditor
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Title Internal Auditor Employer Nabors Corporate Services Inc Location Houston Tx Position Summary Assists in developing audit programs leads andor conducts internal reviews and audits Assists management in the examination of financial and operating controls and procedures to provide comments and recommendations concerning activities reviewed Duties and Responsiblities
bull Participates in the execution of audit work bull Reviews and appraises the adequacy and the application of financial and operating controls to
ensure company objectives are met bull Examines assigned activities of areas of the company to determine the extent of all compliance
with company policies plans and procedures and rules of regulatory authorities bull Evaluates to the extent possible through the audit process managerial effectiveness in
attainment of objectives bull Prepares written reports of audit results and reviews the results with appropriate management
personnel makes recommendations for the correction of problems noted during the audit and fol-lows up on audit recommendations to ensure implementation
bull Actively seeks the development of new or improved procedures or ideas which will improve overall profitability and efficiency of the company
Experience
bull Audit experience (2+ years required) with auditing for financial reporting operations compliance fraud the safeguarding of assets and SOX
bull Strong analytical aptitude to analyze complex and often incomplete data gathered in audits bull Experience with electronic workpapers (AutoAudit or TeamMate) databases and data
manipulation (IDEA ACL or Access) bull Well developed verbal and written communication skills The ability to deal with people effectively
to attain desired objectives Education and Training
bull Accounting Finance Business Administration or related degree required Courses in auditing or computer science preferred
bull Having or pursuing CPA or CIA required bull CFE and MBA preferred bull Understanding of SOX International Professional Practices Framework and the Foreign Corrupt
Practice Act required
Travel Requirements bull Ability to travel internationally 20 to 40 percent
Page 13
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Nabors - Sr Internal Auditor
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Title Senior Internal Audit Employer Nabors Corporate Services Inc Location Houston Tx Position Summary Develops audit programs leads andor conducts internal reviews and audits Assists management in the examination of financial and operating controls and procedures to provide comments and recommendations concerning activities reviewed
Duties and Responsibilities
bull Participates in the planning and execution of audit work reviews the work of assigned audit staff to ensure sufficiency of scope and accuracy and timely completion of audits
bull Reviews and appraises the adequacy and the application of financial and operating controls to ensure company objectives are met
bull Examines assigned activities of areas of the company to determine the extent of all compliance with company policies plans and procedures and rules of regulatory authorities
bull Evaluates to the extent possible through the audit process managerial effectiveness in attainment of objectives
bull Prepares written reports of audit results and reviews the results with appropriate management personnel makes recommendations for the correction of problems noted during the audit and fol-lows up on audit recommendations to ensure implementation
bull Actively seeks the development of new or improved procedures or ideas which will improve overall profitability and efficiency of the company
bull Evaluates training needs of staff auditors enhances development of entry level auditors by providing fundamental knowledge of auditing and explaining audit objectives and procedures
bull Works closely with Audit Managers and Auditee to help ensure value added audit products Experience
bull Significant experience (4+ years preferred) in internal audit systems analysis investigative techniques accounting or general management Oil and gas industry preferred
bull Audit experience (3 years required) with auditing for financial reporting operations compliance fraud the safeguarding of assets and SOX management
bull Strong analytical aptitude to analyze complex and often incomplete data gathered in audits bull Experience with Electronic workpapers (AutoAudit or TeamMate) databases and data manipulation
(IDEA ACL or Access) Experience with Oracle preferred bull Well developed verbal and written communication skills The ability to deal with people effectively to
attain desired objectives in adversary as well as non‑adversary environment bull Supervisory skills to provide guidance and work direction to assigned support auditors
Education and Training bull Accounting Finance Business Administration or related degree required Courses in auditing or
computer science preferred bull CPA or CIA required Consider Temp waiver if actively pursuing CFE CISA and MBA preferred bull Understanding of SOX International Professional Practices Framework and the Foreign Corrupt
Practice Act required
Travel Requirements bull Ability to travel internationally 20 to 40 percent
Page 14
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Goepfert Honored by Houston Chapter
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
On December 6 2010 the Houston Chapter Board of Governors and Officers recognized Steve Goepfert CIA for 20 years of service to the chapter Goepfert is leaving Houston to take the helm of the internal audit function at the recently-merged United Airlines in Chicago He was named Vice President ndash Internal Audit for United Airlines in October 2010 following 21 years as Chief Auditor for Continental Airlines During his time in Houston Steve served virtually every position in the chapter including President in 1999-2000 He also supported the chapter in many ways with his team of internal auditors at Continen-tal In one of the most visible accomplishments for the chapter he successfully led the proposal to bring the IIArsquos International Conference to Houston in 2006 At the IIA international level Steve also served in numerous leadership roles culminating in his 2006-07 term as the IIArsquos Chairman of the Board In that capacity he was a representative for Houston in many global activities Steve has served other industry internal audit leadership posts and has been an advocate for the advancement of internal auditing education in Texas universities At the event colleagues praised Goepfert for his leadership service and ambassadorship Many cited his commitment to mentoring and credited him with their own initial involvement in chapter activities Steve encouraged the group to continue the chapterrsquos visible role of leadership in the IIA community and service to its members
Page 8
Steve Goepfert CIA is presented with a memento of Houston by Chapter President Faye Stallings CIA
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
What is Stopping you From Taking the Next Steps
There are many benefits of passing the CIA exam Certification gives you a competitive advantage when searching for a new position or asking for a raise You will show both your peers and managers that you have the knowledge and skills as well as the commitment and motivation it takes to prepare for and pass the CIA exam
So what keeps you from taking the next step even though you know the bene-fits of being certified Are you too busy at work Does your family occupy all your free time Are you having trouble finding the money
Maybe you have considered taking the exam but you work too many hours a week to justify finding the time to study Once you are certified you will have many more career opportunities You have already shown your commitment to the company now show your commitment to the profession
Often potential candidates are short on time because they are too busy with their childrens extracur-ricular activities However your children shouldnt be the reason you dont take the exam Your kids should be THE reason you DO take the exam Set an example While your kids are doing their home-work you can study for the exam You will show them you are never too old to continue learning Once you pass the exam you will be able to make more money with better hours so you can devote more of your resources and time to your children
It is also not uncommon to hear people say they cant afford to pay for the exam fees andor review ma-terials However the truth is that you cant afford to not prepare for and pass the CIA exam Think about the exam as an investment in your future that you will be cashing in on for many years to come Ask your employer to help you with the expenses Other options are to apply for scholarships through pro-fessional organizations or ask relatives for the money as a gift for your next birthday or holiday For the recent grad it is a great graduation gift
You can always find a reason to not take the exam but remember the value in being certified There is always a way to find the time and money to accomplish your goal Once you are a CIA you will not only have professional advantages but you will also feel personal satisfaction The self-confidence gained from completing the exam and using those three letters behind your name will be well worth the energy spent on making the time and finding the cash
I would like to hear from you How did you find time to prepare What advantages of being certified have you experienced Email Gleim at iiachaptersgleimcom with your questions
Remember as a Houston Chapter member you will receive discount on Gleim material Gleim has been helping CIA candidates pass the CIA Exam since 1980
Contact Melissa at 8008745346 ext 131 or melissaleonardgleimcom to take advantage of your chapter discount or if you have any questions
Melissa Leonard Gleim Chapter Coordinator
CIA Exam Preparation
Page 9
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Chapter Achievement Points (CAP)
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Calling All CAP Points Have you spoken to a group of students or auditors outside of your company lately Have you submitted or published an article or blog about internal audit Have you participated in a Junior Achievement Event or Bowl-A-Thon Then let the chapter know Your achievements to further the profession can help our chapter gain recognition as a Platinum Level chapter
What Can I Do First keep participating in all of the educational events we provide ndash from the luncheons to the seminars to the roundtable discussions You can also help by letting us know when you speak about the profes-sion to others outside of your company (without receiving a fee) Provide Cat Hasley with the date of the speech the topic the audience and the length of the speech You can also help by letting us know if you have articles published anywhere Send Cat an email at Catherynehasleylivenationcom with the article name the date of publication and the publication name What Else Can I Do Want to get more involved Contact Chapter President Faye Stallings to see other opportunities for involvement Thanks for your help Chapter CAP Superstars
Member Topic Steve Goepfert Key Attributes of the Exceptional CAE
Joe Lynch Justifying Internal Auditrsquos services by becoming a sustainable profit center Steve Goepfert Fraud A 24 Hour Responsibility Deanna Sullivan Why People Go to the Darkside Steve Goepfert Can Internal Auditors Audit Behavior and Ethics Lara Chalmers Leveraging Controls to Save Financial and Human Capital Lara Chalmers Panel Discussion Arnie Adams Fraud Training David Ahola Fraud Training
Joanne Koocne-Hamar Monitoring for Fraud and Exceptions Joanne Koocne-Hamar Continuous Monitoring Preventing CNN Moments for CFOs Joanne Koocne-Hamar Continuous Monitoring Early Detection is the Best Prevention
Page 10
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Connrsquos - Internal Audit SOX Manager
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Title Internal Auditor Sox Manager Employer Connrsquos Inc Location Houston Tx Reporting to the Senior Manager of Internal Audit the position of the Internal Audit SOX Manager is sought for an experienced self starter who can provide immediate to advanced auditing skills in the planning execution and fol-low up of audits of various functions including Sarbanes Oxley (SOX) compliance Audit process prescribes to the risk based approach of the Committee of Sponsoring Organizations (COSO) We seek an Internal Audit Manager who will be responsible for executing internal audit engagements with minimal supervision Responsibilities
bull Executes medium to complex audits in a professional and timely manner in accordance with appropri-ate professional auditing standards SOX guidelines and prescribed Internal Audit departmental poli-cies and procedures
bull Carryout less complex audits independently and more complex audits with limited supervision bull Evaluates the adequacy and effectiveness of internal controls surrounding the activities under audit
and determining 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 with all applicable Connrsquos policies and procedures
bull Conducts detailed risk assessments of auditable areas and propose risk based audit approach bull Prepares quality audit working papers acceptable to audit department management and the standards
of the Institute of Internal Auditors (IIA) bull Writes audit programs to record the engagement scope objectives and timing of procedures including
budgets milestones and target completion dates develops medium to complex findings with clear compelling evidence makes recommendations for improvements and writes clear concise first draft reports making complex ideas understandable to laymen
bull Conducts or assists in investigation of fraud alleged theft misuse of funds or other defalcations as well as to establish how it occurred the extent of loss and means of prevention
bull Identify significant risks impacting the organizations objectives operations or resources for input to the development or revision of the annual audit plan
bull Ensure Senior Manager is informed of any issues that could impede timely completion of an engage-ment or the audit plan as a whole
bull Conduct a preliminary assessment of the risks relevant to the activity under review and incorporate the assessment results in the engagement objectives
bull Evaluate audit evidence and make proper judgments as to the necessity for additional procedures bull Review working papers to ensure they adequately support the audit findings and conclusions and to
provide reasonable assurance that the work was performed objectively bull 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
bull Communicate audit findings to the audit client and work with management to identify potential correc-tive action
bull Develop and maintain productive client staff and management relationships through individual con-tacts and group meetings
bull Monitor the disposition of results communicated to management and perform follow-up on audit find-ings to ensure corrective action is taken as agreed
bull Complete audit plan assignments efficiently within budget and estimated target dates while still main-taining a high level of effectiveness
bull Maintain technical competency by keeping current with internal audit internal control regulatory gen-eral business and technological developments and pursuing opportunities for professional develop-ment for self and the department
bull Performs other internal auditor duties as assigned Page 11
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Job Posting Connrsquos (Continued)
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Continued The ideal candidate will have a Bachelorrsquos degree in Accounting Finance Economics Management Accounting Information Systems or related field will consider a non-business degree with the appropriate audit experience or equivalent related experienceeducation Requirements
bull Two to Three (5-7) years of professional level experience in an internal audit public accounting or related environment to include (2) two years of auditing and SOX experience Knowledge of internal control concepts and technical proficiency in auditing skills
bull High level of analytical and creative skills to find solutions to complex professional technical and ad-ministrative problems Strong critical thinking ability
bull Effective oral written communications skills and interpersonal skills to effectively communicate with sensitivity to all levels of supervisory and non-supervisory employees executive staff Board Mem-bers outside consultants and others both inside and outside of the organization
bull Possesses one or more professional certifications (ie CPA CIA CISA CISSP) bull Retail credit financial services industry experience is strongly preferred bull SOX (Sarbanes Oxley) Experience strongly preferred bull Experience with automated work paper systems (TeamMate Paisley GRC Texert etc) and data
analysis software (ACL IDEA etc) is strongly preferred bull Public Accounting (Big Four) experience preferred bull IT Systems Audit experienced preferred bull Familiarity and ability to conduct general integrated audits involving test of IT controls preferred bull Ability and willingness to travel up to 30
This is the right opportunity for someone who wants a first hand ground up experience building and running an internal audit function in a public traded company a strong and highly valued skill-set that is sought out by compa-nies in all stages of the growth curve Give your ideas a chance to harness The company operates in a lean dynamic and highly entrepreneurial environment You will have frequent exposure to business leaders and execu-tives running a successful publicly traded company Location amp Benefits This position will be based out of Beaumont Texas Market salary 401(k) match vacation and comprehensive health benefit package Application Procedure Qualified candidates may email resume to rhrconnscom and apply online at wwwconnscom Note The above statements are intended to describe the general nature and level of work being performed by associates assigned to this job The statements are not intended to be an exhaustive list of all responsibilities duties and skills required of personnel so classified All associates may perform other duties as assigned
Page 12
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Nabors - Internal Auditor
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Title Internal Auditor Employer Nabors Corporate Services Inc Location Houston Tx Position Summary Assists in developing audit programs leads andor conducts internal reviews and audits Assists management in the examination of financial and operating controls and procedures to provide comments and recommendations concerning activities reviewed Duties and Responsiblities
bull Participates in the execution of audit work bull Reviews and appraises the adequacy and the application of financial and operating controls to
ensure company objectives are met bull Examines assigned activities of areas of the company to determine the extent of all compliance
with company policies plans and procedures and rules of regulatory authorities bull Evaluates to the extent possible through the audit process managerial effectiveness in
attainment of objectives bull Prepares written reports of audit results and reviews the results with appropriate management
personnel makes recommendations for the correction of problems noted during the audit and fol-lows up on audit recommendations to ensure implementation
bull Actively seeks the development of new or improved procedures or ideas which will improve overall profitability and efficiency of the company
Experience
bull Audit experience (2+ years required) with auditing for financial reporting operations compliance fraud the safeguarding of assets and SOX
bull Strong analytical aptitude to analyze complex and often incomplete data gathered in audits bull Experience with electronic workpapers (AutoAudit or TeamMate) databases and data
manipulation (IDEA ACL or Access) bull Well developed verbal and written communication skills The ability to deal with people effectively
to attain desired objectives Education and Training
bull Accounting Finance Business Administration or related degree required Courses in auditing or computer science preferred
bull Having or pursuing CPA or CIA required bull CFE and MBA preferred bull Understanding of SOX International Professional Practices Framework and the Foreign Corrupt
Practice Act required
Travel Requirements bull Ability to travel internationally 20 to 40 percent
Page 13
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Nabors - Sr Internal Auditor
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Title Senior Internal Audit Employer Nabors Corporate Services Inc Location Houston Tx Position Summary Develops audit programs leads andor conducts internal reviews and audits Assists management in the examination of financial and operating controls and procedures to provide comments and recommendations concerning activities reviewed
Duties and Responsibilities
bull Participates in the planning and execution of audit work reviews the work of assigned audit staff to ensure sufficiency of scope and accuracy and timely completion of audits
bull Reviews and appraises the adequacy and the application of financial and operating controls to ensure company objectives are met
bull Examines assigned activities of areas of the company to determine the extent of all compliance with company policies plans and procedures and rules of regulatory authorities
bull Evaluates to the extent possible through the audit process managerial effectiveness in attainment of objectives
bull Prepares written reports of audit results and reviews the results with appropriate management personnel makes recommendations for the correction of problems noted during the audit and fol-lows up on audit recommendations to ensure implementation
bull Actively seeks the development of new or improved procedures or ideas which will improve overall profitability and efficiency of the company
bull Evaluates training needs of staff auditors enhances development of entry level auditors by providing fundamental knowledge of auditing and explaining audit objectives and procedures
bull Works closely with Audit Managers and Auditee to help ensure value added audit products Experience
bull Significant experience (4+ years preferred) in internal audit systems analysis investigative techniques accounting or general management Oil and gas industry preferred
bull Audit experience (3 years required) with auditing for financial reporting operations compliance fraud the safeguarding of assets and SOX management
bull Strong analytical aptitude to analyze complex and often incomplete data gathered in audits bull Experience with Electronic workpapers (AutoAudit or TeamMate) databases and data manipulation
(IDEA ACL or Access) Experience with Oracle preferred bull Well developed verbal and written communication skills The ability to deal with people effectively to
attain desired objectives in adversary as well as non‑adversary environment bull Supervisory skills to provide guidance and work direction to assigned support auditors
Education and Training bull Accounting Finance Business Administration or related degree required Courses in auditing or
computer science preferred bull CPA or CIA required Consider Temp waiver if actively pursuing CFE CISA and MBA preferred bull Understanding of SOX International Professional Practices Framework and the Foreign Corrupt
Practice Act required
Travel Requirements bull Ability to travel internationally 20 to 40 percent
Page 14
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
What is Stopping you From Taking the Next Steps
There are many benefits of passing the CIA exam Certification gives you a competitive advantage when searching for a new position or asking for a raise You will show both your peers and managers that you have the knowledge and skills as well as the commitment and motivation it takes to prepare for and pass the CIA exam
So what keeps you from taking the next step even though you know the bene-fits of being certified Are you too busy at work Does your family occupy all your free time Are you having trouble finding the money
Maybe you have considered taking the exam but you work too many hours a week to justify finding the time to study Once you are certified you will have many more career opportunities You have already shown your commitment to the company now show your commitment to the profession
Often potential candidates are short on time because they are too busy with their childrens extracur-ricular activities However your children shouldnt be the reason you dont take the exam Your kids should be THE reason you DO take the exam Set an example While your kids are doing their home-work you can study for the exam You will show them you are never too old to continue learning Once you pass the exam you will be able to make more money with better hours so you can devote more of your resources and time to your children
It is also not uncommon to hear people say they cant afford to pay for the exam fees andor review ma-terials However the truth is that you cant afford to not prepare for and pass the CIA exam Think about the exam as an investment in your future that you will be cashing in on for many years to come Ask your employer to help you with the expenses Other options are to apply for scholarships through pro-fessional organizations or ask relatives for the money as a gift for your next birthday or holiday For the recent grad it is a great graduation gift
You can always find a reason to not take the exam but remember the value in being certified There is always a way to find the time and money to accomplish your goal Once you are a CIA you will not only have professional advantages but you will also feel personal satisfaction The self-confidence gained from completing the exam and using those three letters behind your name will be well worth the energy spent on making the time and finding the cash
I would like to hear from you How did you find time to prepare What advantages of being certified have you experienced Email Gleim at iiachaptersgleimcom with your questions
Remember as a Houston Chapter member you will receive discount on Gleim material Gleim has been helping CIA candidates pass the CIA Exam since 1980
Contact Melissa at 8008745346 ext 131 or melissaleonardgleimcom to take advantage of your chapter discount or if you have any questions
Melissa Leonard Gleim Chapter Coordinator
CIA Exam Preparation
Page 9
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Chapter Achievement Points (CAP)
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Calling All CAP Points Have you spoken to a group of students or auditors outside of your company lately Have you submitted or published an article or blog about internal audit Have you participated in a Junior Achievement Event or Bowl-A-Thon Then let the chapter know Your achievements to further the profession can help our chapter gain recognition as a Platinum Level chapter
What Can I Do First keep participating in all of the educational events we provide ndash from the luncheons to the seminars to the roundtable discussions You can also help by letting us know when you speak about the profes-sion to others outside of your company (without receiving a fee) Provide Cat Hasley with the date of the speech the topic the audience and the length of the speech You can also help by letting us know if you have articles published anywhere Send Cat an email at Catherynehasleylivenationcom with the article name the date of publication and the publication name What Else Can I Do Want to get more involved Contact Chapter President Faye Stallings to see other opportunities for involvement Thanks for your help Chapter CAP Superstars
Member Topic Steve Goepfert Key Attributes of the Exceptional CAE
Joe Lynch Justifying Internal Auditrsquos services by becoming a sustainable profit center Steve Goepfert Fraud A 24 Hour Responsibility Deanna Sullivan Why People Go to the Darkside Steve Goepfert Can Internal Auditors Audit Behavior and Ethics Lara Chalmers Leveraging Controls to Save Financial and Human Capital Lara Chalmers Panel Discussion Arnie Adams Fraud Training David Ahola Fraud Training
Joanne Koocne-Hamar Monitoring for Fraud and Exceptions Joanne Koocne-Hamar Continuous Monitoring Preventing CNN Moments for CFOs Joanne Koocne-Hamar Continuous Monitoring Early Detection is the Best Prevention
Page 10
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Connrsquos - Internal Audit SOX Manager
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Title Internal Auditor Sox Manager Employer Connrsquos Inc Location Houston Tx Reporting to the Senior Manager of Internal Audit the position of the Internal Audit SOX Manager is sought for an experienced self starter who can provide immediate to advanced auditing skills in the planning execution and fol-low up of audits of various functions including Sarbanes Oxley (SOX) compliance Audit process prescribes to the risk based approach of the Committee of Sponsoring Organizations (COSO) We seek an Internal Audit Manager who will be responsible for executing internal audit engagements with minimal supervision Responsibilities
bull Executes medium to complex audits in a professional and timely manner in accordance with appropri-ate professional auditing standards SOX guidelines and prescribed Internal Audit departmental poli-cies and procedures
bull Carryout less complex audits independently and more complex audits with limited supervision bull Evaluates the adequacy and effectiveness of internal controls surrounding the activities under audit
and determining 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 with all applicable Connrsquos policies and procedures
bull Conducts detailed risk assessments of auditable areas and propose risk based audit approach bull Prepares quality audit working papers acceptable to audit department management and the standards
of the Institute of Internal Auditors (IIA) bull Writes audit programs to record the engagement scope objectives and timing of procedures including
budgets milestones and target completion dates develops medium to complex findings with clear compelling evidence makes recommendations for improvements and writes clear concise first draft reports making complex ideas understandable to laymen
bull Conducts or assists in investigation of fraud alleged theft misuse of funds or other defalcations as well as to establish how it occurred the extent of loss and means of prevention
bull Identify significant risks impacting the organizations objectives operations or resources for input to the development or revision of the annual audit plan
bull Ensure Senior Manager is informed of any issues that could impede timely completion of an engage-ment or the audit plan as a whole
bull Conduct a preliminary assessment of the risks relevant to the activity under review and incorporate the assessment results in the engagement objectives
bull Evaluate audit evidence and make proper judgments as to the necessity for additional procedures bull Review working papers to ensure they adequately support the audit findings and conclusions and to
provide reasonable assurance that the work was performed objectively bull 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
bull Communicate audit findings to the audit client and work with management to identify potential correc-tive action
bull Develop and maintain productive client staff and management relationships through individual con-tacts and group meetings
bull Monitor the disposition of results communicated to management and perform follow-up on audit find-ings to ensure corrective action is taken as agreed
bull Complete audit plan assignments efficiently within budget and estimated target dates while still main-taining a high level of effectiveness
bull Maintain technical competency by keeping current with internal audit internal control regulatory gen-eral business and technological developments and pursuing opportunities for professional develop-ment for self and the department
bull Performs other internal auditor duties as assigned Page 11
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Job Posting Connrsquos (Continued)
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Continued The ideal candidate will have a Bachelorrsquos degree in Accounting Finance Economics Management Accounting Information Systems or related field will consider a non-business degree with the appropriate audit experience or equivalent related experienceeducation Requirements
bull Two to Three (5-7) years of professional level experience in an internal audit public accounting or related environment to include (2) two years of auditing and SOX experience Knowledge of internal control concepts and technical proficiency in auditing skills
bull High level of analytical and creative skills to find solutions to complex professional technical and ad-ministrative problems Strong critical thinking ability
bull Effective oral written communications skills and interpersonal skills to effectively communicate with sensitivity to all levels of supervisory and non-supervisory employees executive staff Board Mem-bers outside consultants and others both inside and outside of the organization
bull Possesses one or more professional certifications (ie CPA CIA CISA CISSP) bull Retail credit financial services industry experience is strongly preferred bull SOX (Sarbanes Oxley) Experience strongly preferred bull Experience with automated work paper systems (TeamMate Paisley GRC Texert etc) and data
analysis software (ACL IDEA etc) is strongly preferred bull Public Accounting (Big Four) experience preferred bull IT Systems Audit experienced preferred bull Familiarity and ability to conduct general integrated audits involving test of IT controls preferred bull Ability and willingness to travel up to 30
This is the right opportunity for someone who wants a first hand ground up experience building and running an internal audit function in a public traded company a strong and highly valued skill-set that is sought out by compa-nies in all stages of the growth curve Give your ideas a chance to harness The company operates in a lean dynamic and highly entrepreneurial environment You will have frequent exposure to business leaders and execu-tives running a successful publicly traded company Location amp Benefits This position will be based out of Beaumont Texas Market salary 401(k) match vacation and comprehensive health benefit package Application Procedure Qualified candidates may email resume to rhrconnscom and apply online at wwwconnscom Note The above statements are intended to describe the general nature and level of work being performed by associates assigned to this job The statements are not intended to be an exhaustive list of all responsibilities duties and skills required of personnel so classified All associates may perform other duties as assigned
Page 12
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Nabors - Internal Auditor
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Title Internal Auditor Employer Nabors Corporate Services Inc Location Houston Tx Position Summary Assists in developing audit programs leads andor conducts internal reviews and audits Assists management in the examination of financial and operating controls and procedures to provide comments and recommendations concerning activities reviewed Duties and Responsiblities
bull Participates in the execution of audit work bull Reviews and appraises the adequacy and the application of financial and operating controls to
ensure company objectives are met bull Examines assigned activities of areas of the company to determine the extent of all compliance
with company policies plans and procedures and rules of regulatory authorities bull Evaluates to the extent possible through the audit process managerial effectiveness in
attainment of objectives bull Prepares written reports of audit results and reviews the results with appropriate management
personnel makes recommendations for the correction of problems noted during the audit and fol-lows up on audit recommendations to ensure implementation
bull Actively seeks the development of new or improved procedures or ideas which will improve overall profitability and efficiency of the company
Experience
bull Audit experience (2+ years required) with auditing for financial reporting operations compliance fraud the safeguarding of assets and SOX
bull Strong analytical aptitude to analyze complex and often incomplete data gathered in audits bull Experience with electronic workpapers (AutoAudit or TeamMate) databases and data
manipulation (IDEA ACL or Access) bull Well developed verbal and written communication skills The ability to deal with people effectively
to attain desired objectives Education and Training
bull Accounting Finance Business Administration or related degree required Courses in auditing or computer science preferred
bull Having or pursuing CPA or CIA required bull CFE and MBA preferred bull Understanding of SOX International Professional Practices Framework and the Foreign Corrupt
Practice Act required
Travel Requirements bull Ability to travel internationally 20 to 40 percent
Page 13
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Nabors - Sr Internal Auditor
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Title Senior Internal Audit Employer Nabors Corporate Services Inc Location Houston Tx Position Summary Develops audit programs leads andor conducts internal reviews and audits Assists management in the examination of financial and operating controls and procedures to provide comments and recommendations concerning activities reviewed
Duties and Responsibilities
bull Participates in the planning and execution of audit work reviews the work of assigned audit staff to ensure sufficiency of scope and accuracy and timely completion of audits
bull Reviews and appraises the adequacy and the application of financial and operating controls to ensure company objectives are met
bull Examines assigned activities of areas of the company to determine the extent of all compliance with company policies plans and procedures and rules of regulatory authorities
bull Evaluates to the extent possible through the audit process managerial effectiveness in attainment of objectives
bull Prepares written reports of audit results and reviews the results with appropriate management personnel makes recommendations for the correction of problems noted during the audit and fol-lows up on audit recommendations to ensure implementation
bull Actively seeks the development of new or improved procedures or ideas which will improve overall profitability and efficiency of the company
bull Evaluates training needs of staff auditors enhances development of entry level auditors by providing fundamental knowledge of auditing and explaining audit objectives and procedures
bull Works closely with Audit Managers and Auditee to help ensure value added audit products Experience
bull Significant experience (4+ years preferred) in internal audit systems analysis investigative techniques accounting or general management Oil and gas industry preferred
bull Audit experience (3 years required) with auditing for financial reporting operations compliance fraud the safeguarding of assets and SOX management
bull Strong analytical aptitude to analyze complex and often incomplete data gathered in audits bull Experience with Electronic workpapers (AutoAudit or TeamMate) databases and data manipulation
(IDEA ACL or Access) Experience with Oracle preferred bull Well developed verbal and written communication skills The ability to deal with people effectively to
attain desired objectives in adversary as well as non‑adversary environment bull Supervisory skills to provide guidance and work direction to assigned support auditors
Education and Training bull Accounting Finance Business Administration or related degree required Courses in auditing or
computer science preferred bull CPA or CIA required Consider Temp waiver if actively pursuing CFE CISA and MBA preferred bull Understanding of SOX International Professional Practices Framework and the Foreign Corrupt
Practice Act required
Travel Requirements bull Ability to travel internationally 20 to 40 percent
Page 14
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Chapter Achievement Points (CAP)
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Calling All CAP Points Have you spoken to a group of students or auditors outside of your company lately Have you submitted or published an article or blog about internal audit Have you participated in a Junior Achievement Event or Bowl-A-Thon Then let the chapter know Your achievements to further the profession can help our chapter gain recognition as a Platinum Level chapter
What Can I Do First keep participating in all of the educational events we provide ndash from the luncheons to the seminars to the roundtable discussions You can also help by letting us know when you speak about the profes-sion to others outside of your company (without receiving a fee) Provide Cat Hasley with the date of the speech the topic the audience and the length of the speech You can also help by letting us know if you have articles published anywhere Send Cat an email at Catherynehasleylivenationcom with the article name the date of publication and the publication name What Else Can I Do Want to get more involved Contact Chapter President Faye Stallings to see other opportunities for involvement Thanks for your help Chapter CAP Superstars
Member Topic Steve Goepfert Key Attributes of the Exceptional CAE
Joe Lynch Justifying Internal Auditrsquos services by becoming a sustainable profit center Steve Goepfert Fraud A 24 Hour Responsibility Deanna Sullivan Why People Go to the Darkside Steve Goepfert Can Internal Auditors Audit Behavior and Ethics Lara Chalmers Leveraging Controls to Save Financial and Human Capital Lara Chalmers Panel Discussion Arnie Adams Fraud Training David Ahola Fraud Training
Joanne Koocne-Hamar Monitoring for Fraud and Exceptions Joanne Koocne-Hamar Continuous Monitoring Preventing CNN Moments for CFOs Joanne Koocne-Hamar Continuous Monitoring Early Detection is the Best Prevention
Page 10
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Connrsquos - Internal Audit SOX Manager
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Title Internal Auditor Sox Manager Employer Connrsquos Inc Location Houston Tx Reporting to the Senior Manager of Internal Audit the position of the Internal Audit SOX Manager is sought for an experienced self starter who can provide immediate to advanced auditing skills in the planning execution and fol-low up of audits of various functions including Sarbanes Oxley (SOX) compliance Audit process prescribes to the risk based approach of the Committee of Sponsoring Organizations (COSO) We seek an Internal Audit Manager who will be responsible for executing internal audit engagements with minimal supervision Responsibilities
bull Executes medium to complex audits in a professional and timely manner in accordance with appropri-ate professional auditing standards SOX guidelines and prescribed Internal Audit departmental poli-cies and procedures
bull Carryout less complex audits independently and more complex audits with limited supervision bull Evaluates the adequacy and effectiveness of internal controls surrounding the activities under audit
and determining 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 with all applicable Connrsquos policies and procedures
bull Conducts detailed risk assessments of auditable areas and propose risk based audit approach bull Prepares quality audit working papers acceptable to audit department management and the standards
of the Institute of Internal Auditors (IIA) bull Writes audit programs to record the engagement scope objectives and timing of procedures including
budgets milestones and target completion dates develops medium to complex findings with clear compelling evidence makes recommendations for improvements and writes clear concise first draft reports making complex ideas understandable to laymen
bull Conducts or assists in investigation of fraud alleged theft misuse of funds or other defalcations as well as to establish how it occurred the extent of loss and means of prevention
bull Identify significant risks impacting the organizations objectives operations or resources for input to the development or revision of the annual audit plan
bull Ensure Senior Manager is informed of any issues that could impede timely completion of an engage-ment or the audit plan as a whole
bull Conduct a preliminary assessment of the risks relevant to the activity under review and incorporate the assessment results in the engagement objectives
bull Evaluate audit evidence and make proper judgments as to the necessity for additional procedures bull Review working papers to ensure they adequately support the audit findings and conclusions and to
provide reasonable assurance that the work was performed objectively bull 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
bull Communicate audit findings to the audit client and work with management to identify potential correc-tive action
bull Develop and maintain productive client staff and management relationships through individual con-tacts and group meetings
bull Monitor the disposition of results communicated to management and perform follow-up on audit find-ings to ensure corrective action is taken as agreed
bull Complete audit plan assignments efficiently within budget and estimated target dates while still main-taining a high level of effectiveness
bull Maintain technical competency by keeping current with internal audit internal control regulatory gen-eral business and technological developments and pursuing opportunities for professional develop-ment for self and the department
bull Performs other internal auditor duties as assigned Page 11
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Job Posting Connrsquos (Continued)
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Continued The ideal candidate will have a Bachelorrsquos degree in Accounting Finance Economics Management Accounting Information Systems or related field will consider a non-business degree with the appropriate audit experience or equivalent related experienceeducation Requirements
bull Two to Three (5-7) years of professional level experience in an internal audit public accounting or related environment to include (2) two years of auditing and SOX experience Knowledge of internal control concepts and technical proficiency in auditing skills
bull High level of analytical and creative skills to find solutions to complex professional technical and ad-ministrative problems Strong critical thinking ability
bull Effective oral written communications skills and interpersonal skills to effectively communicate with sensitivity to all levels of supervisory and non-supervisory employees executive staff Board Mem-bers outside consultants and others both inside and outside of the organization
bull Possesses one or more professional certifications (ie CPA CIA CISA CISSP) bull Retail credit financial services industry experience is strongly preferred bull SOX (Sarbanes Oxley) Experience strongly preferred bull Experience with automated work paper systems (TeamMate Paisley GRC Texert etc) and data
analysis software (ACL IDEA etc) is strongly preferred bull Public Accounting (Big Four) experience preferred bull IT Systems Audit experienced preferred bull Familiarity and ability to conduct general integrated audits involving test of IT controls preferred bull Ability and willingness to travel up to 30
This is the right opportunity for someone who wants a first hand ground up experience building and running an internal audit function in a public traded company a strong and highly valued skill-set that is sought out by compa-nies in all stages of the growth curve Give your ideas a chance to harness The company operates in a lean dynamic and highly entrepreneurial environment You will have frequent exposure to business leaders and execu-tives running a successful publicly traded company Location amp Benefits This position will be based out of Beaumont Texas Market salary 401(k) match vacation and comprehensive health benefit package Application Procedure Qualified candidates may email resume to rhrconnscom and apply online at wwwconnscom Note The above statements are intended to describe the general nature and level of work being performed by associates assigned to this job The statements are not intended to be an exhaustive list of all responsibilities duties and skills required of personnel so classified All associates may perform other duties as assigned
Page 12
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Nabors - Internal Auditor
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Title Internal Auditor Employer Nabors Corporate Services Inc Location Houston Tx Position Summary Assists in developing audit programs leads andor conducts internal reviews and audits Assists management in the examination of financial and operating controls and procedures to provide comments and recommendations concerning activities reviewed Duties and Responsiblities
bull Participates in the execution of audit work bull Reviews and appraises the adequacy and the application of financial and operating controls to
ensure company objectives are met bull Examines assigned activities of areas of the company to determine the extent of all compliance
with company policies plans and procedures and rules of regulatory authorities bull Evaluates to the extent possible through the audit process managerial effectiveness in
attainment of objectives bull Prepares written reports of audit results and reviews the results with appropriate management
personnel makes recommendations for the correction of problems noted during the audit and fol-lows up on audit recommendations to ensure implementation
bull Actively seeks the development of new or improved procedures or ideas which will improve overall profitability and efficiency of the company
Experience
bull Audit experience (2+ years required) with auditing for financial reporting operations compliance fraud the safeguarding of assets and SOX
bull Strong analytical aptitude to analyze complex and often incomplete data gathered in audits bull Experience with electronic workpapers (AutoAudit or TeamMate) databases and data
manipulation (IDEA ACL or Access) bull Well developed verbal and written communication skills The ability to deal with people effectively
to attain desired objectives Education and Training
bull Accounting Finance Business Administration or related degree required Courses in auditing or computer science preferred
bull Having or pursuing CPA or CIA required bull CFE and MBA preferred bull Understanding of SOX International Professional Practices Framework and the Foreign Corrupt
Practice Act required
Travel Requirements bull Ability to travel internationally 20 to 40 percent
Page 13
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Nabors - Sr Internal Auditor
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Title Senior Internal Audit Employer Nabors Corporate Services Inc Location Houston Tx Position Summary Develops audit programs leads andor conducts internal reviews and audits Assists management in the examination of financial and operating controls and procedures to provide comments and recommendations concerning activities reviewed
Duties and Responsibilities
bull Participates in the planning and execution of audit work reviews the work of assigned audit staff to ensure sufficiency of scope and accuracy and timely completion of audits
bull Reviews and appraises the adequacy and the application of financial and operating controls to ensure company objectives are met
bull Examines assigned activities of areas of the company to determine the extent of all compliance with company policies plans and procedures and rules of regulatory authorities
bull Evaluates to the extent possible through the audit process managerial effectiveness in attainment of objectives
bull Prepares written reports of audit results and reviews the results with appropriate management personnel makes recommendations for the correction of problems noted during the audit and fol-lows up on audit recommendations to ensure implementation
bull Actively seeks the development of new or improved procedures or ideas which will improve overall profitability and efficiency of the company
bull Evaluates training needs of staff auditors enhances development of entry level auditors by providing fundamental knowledge of auditing and explaining audit objectives and procedures
bull Works closely with Audit Managers and Auditee to help ensure value added audit products Experience
bull Significant experience (4+ years preferred) in internal audit systems analysis investigative techniques accounting or general management Oil and gas industry preferred
bull Audit experience (3 years required) with auditing for financial reporting operations compliance fraud the safeguarding of assets and SOX management
bull Strong analytical aptitude to analyze complex and often incomplete data gathered in audits bull Experience with Electronic workpapers (AutoAudit or TeamMate) databases and data manipulation
(IDEA ACL or Access) Experience with Oracle preferred bull Well developed verbal and written communication skills The ability to deal with people effectively to
attain desired objectives in adversary as well as non‑adversary environment bull Supervisory skills to provide guidance and work direction to assigned support auditors
Education and Training bull Accounting Finance Business Administration or related degree required Courses in auditing or
computer science preferred bull CPA or CIA required Consider Temp waiver if actively pursuing CFE CISA and MBA preferred bull Understanding of SOX International Professional Practices Framework and the Foreign Corrupt
Practice Act required
Travel Requirements bull Ability to travel internationally 20 to 40 percent
Page 14
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Connrsquos - Internal Audit SOX Manager
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Title Internal Auditor Sox Manager Employer Connrsquos Inc Location Houston Tx Reporting to the Senior Manager of Internal Audit the position of the Internal Audit SOX Manager is sought for an experienced self starter who can provide immediate to advanced auditing skills in the planning execution and fol-low up of audits of various functions including Sarbanes Oxley (SOX) compliance Audit process prescribes to the risk based approach of the Committee of Sponsoring Organizations (COSO) We seek an Internal Audit Manager who will be responsible for executing internal audit engagements with minimal supervision Responsibilities
bull Executes medium to complex audits in a professional and timely manner in accordance with appropri-ate professional auditing standards SOX guidelines and prescribed Internal Audit departmental poli-cies and procedures
bull Carryout less complex audits independently and more complex audits with limited supervision bull Evaluates the adequacy and effectiveness of internal controls surrounding the activities under audit
and determining 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 with all applicable Connrsquos policies and procedures
bull Conducts detailed risk assessments of auditable areas and propose risk based audit approach bull Prepares quality audit working papers acceptable to audit department management and the standards
of the Institute of Internal Auditors (IIA) bull Writes audit programs to record the engagement scope objectives and timing of procedures including
budgets milestones and target completion dates develops medium to complex findings with clear compelling evidence makes recommendations for improvements and writes clear concise first draft reports making complex ideas understandable to laymen
bull Conducts or assists in investigation of fraud alleged theft misuse of funds or other defalcations as well as to establish how it occurred the extent of loss and means of prevention
bull Identify significant risks impacting the organizations objectives operations or resources for input to the development or revision of the annual audit plan
bull Ensure Senior Manager is informed of any issues that could impede timely completion of an engage-ment or the audit plan as a whole
bull Conduct a preliminary assessment of the risks relevant to the activity under review and incorporate the assessment results in the engagement objectives
bull Evaluate audit evidence and make proper judgments as to the necessity for additional procedures bull Review working papers to ensure they adequately support the audit findings and conclusions and to
provide reasonable assurance that the work was performed objectively bull 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
bull Communicate audit findings to the audit client and work with management to identify potential correc-tive action
bull Develop and maintain productive client staff and management relationships through individual con-tacts and group meetings
bull Monitor the disposition of results communicated to management and perform follow-up on audit find-ings to ensure corrective action is taken as agreed
bull Complete audit plan assignments efficiently within budget and estimated target dates while still main-taining a high level of effectiveness
bull Maintain technical competency by keeping current with internal audit internal control regulatory gen-eral business and technological developments and pursuing opportunities for professional develop-ment for self and the department
bull Performs other internal auditor duties as assigned Page 11
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Job Posting Connrsquos (Continued)
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Continued The ideal candidate will have a Bachelorrsquos degree in Accounting Finance Economics Management Accounting Information Systems or related field will consider a non-business degree with the appropriate audit experience or equivalent related experienceeducation Requirements
bull Two to Three (5-7) years of professional level experience in an internal audit public accounting or related environment to include (2) two years of auditing and SOX experience Knowledge of internal control concepts and technical proficiency in auditing skills
bull High level of analytical and creative skills to find solutions to complex professional technical and ad-ministrative problems Strong critical thinking ability
bull Effective oral written communications skills and interpersonal skills to effectively communicate with sensitivity to all levels of supervisory and non-supervisory employees executive staff Board Mem-bers outside consultants and others both inside and outside of the organization
bull Possesses one or more professional certifications (ie CPA CIA CISA CISSP) bull Retail credit financial services industry experience is strongly preferred bull SOX (Sarbanes Oxley) Experience strongly preferred bull Experience with automated work paper systems (TeamMate Paisley GRC Texert etc) and data
analysis software (ACL IDEA etc) is strongly preferred bull Public Accounting (Big Four) experience preferred bull IT Systems Audit experienced preferred bull Familiarity and ability to conduct general integrated audits involving test of IT controls preferred bull Ability and willingness to travel up to 30
This is the right opportunity for someone who wants a first hand ground up experience building and running an internal audit function in a public traded company a strong and highly valued skill-set that is sought out by compa-nies in all stages of the growth curve Give your ideas a chance to harness The company operates in a lean dynamic and highly entrepreneurial environment You will have frequent exposure to business leaders and execu-tives running a successful publicly traded company Location amp Benefits This position will be based out of Beaumont Texas Market salary 401(k) match vacation and comprehensive health benefit package Application Procedure Qualified candidates may email resume to rhrconnscom and apply online at wwwconnscom Note The above statements are intended to describe the general nature and level of work being performed by associates assigned to this job The statements are not intended to be an exhaustive list of all responsibilities duties and skills required of personnel so classified All associates may perform other duties as assigned
Page 12
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Nabors - Internal Auditor
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Title Internal Auditor Employer Nabors Corporate Services Inc Location Houston Tx Position Summary Assists in developing audit programs leads andor conducts internal reviews and audits Assists management in the examination of financial and operating controls and procedures to provide comments and recommendations concerning activities reviewed Duties and Responsiblities
bull Participates in the execution of audit work bull Reviews and appraises the adequacy and the application of financial and operating controls to
ensure company objectives are met bull Examines assigned activities of areas of the company to determine the extent of all compliance
with company policies plans and procedures and rules of regulatory authorities bull Evaluates to the extent possible through the audit process managerial effectiveness in
attainment of objectives bull Prepares written reports of audit results and reviews the results with appropriate management
personnel makes recommendations for the correction of problems noted during the audit and fol-lows up on audit recommendations to ensure implementation
bull Actively seeks the development of new or improved procedures or ideas which will improve overall profitability and efficiency of the company
Experience
bull Audit experience (2+ years required) with auditing for financial reporting operations compliance fraud the safeguarding of assets and SOX
bull Strong analytical aptitude to analyze complex and often incomplete data gathered in audits bull Experience with electronic workpapers (AutoAudit or TeamMate) databases and data
manipulation (IDEA ACL or Access) bull Well developed verbal and written communication skills The ability to deal with people effectively
to attain desired objectives Education and Training
bull Accounting Finance Business Administration or related degree required Courses in auditing or computer science preferred
bull Having or pursuing CPA or CIA required bull CFE and MBA preferred bull Understanding of SOX International Professional Practices Framework and the Foreign Corrupt
Practice Act required
Travel Requirements bull Ability to travel internationally 20 to 40 percent
Page 13
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Nabors - Sr Internal Auditor
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Title Senior Internal Audit Employer Nabors Corporate Services Inc Location Houston Tx Position Summary Develops audit programs leads andor conducts internal reviews and audits Assists management in the examination of financial and operating controls and procedures to provide comments and recommendations concerning activities reviewed
Duties and Responsibilities
bull Participates in the planning and execution of audit work reviews the work of assigned audit staff to ensure sufficiency of scope and accuracy and timely completion of audits
bull Reviews and appraises the adequacy and the application of financial and operating controls to ensure company objectives are met
bull Examines assigned activities of areas of the company to determine the extent of all compliance with company policies plans and procedures and rules of regulatory authorities
bull Evaluates to the extent possible through the audit process managerial effectiveness in attainment of objectives
bull Prepares written reports of audit results and reviews the results with appropriate management personnel makes recommendations for the correction of problems noted during the audit and fol-lows up on audit recommendations to ensure implementation
bull Actively seeks the development of new or improved procedures or ideas which will improve overall profitability and efficiency of the company
bull Evaluates training needs of staff auditors enhances development of entry level auditors by providing fundamental knowledge of auditing and explaining audit objectives and procedures
bull Works closely with Audit Managers and Auditee to help ensure value added audit products Experience
bull Significant experience (4+ years preferred) in internal audit systems analysis investigative techniques accounting or general management Oil and gas industry preferred
bull Audit experience (3 years required) with auditing for financial reporting operations compliance fraud the safeguarding of assets and SOX management
bull Strong analytical aptitude to analyze complex and often incomplete data gathered in audits bull Experience with Electronic workpapers (AutoAudit or TeamMate) databases and data manipulation
(IDEA ACL or Access) Experience with Oracle preferred bull Well developed verbal and written communication skills The ability to deal with people effectively to
attain desired objectives in adversary as well as non‑adversary environment bull Supervisory skills to provide guidance and work direction to assigned support auditors
Education and Training bull Accounting Finance Business Administration or related degree required Courses in auditing or
computer science preferred bull CPA or CIA required Consider Temp waiver if actively pursuing CFE CISA and MBA preferred bull Understanding of SOX International Professional Practices Framework and the Foreign Corrupt
Practice Act required
Travel Requirements bull Ability to travel internationally 20 to 40 percent
Page 14
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Job Posting Connrsquos (Continued)
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Continued The ideal candidate will have a Bachelorrsquos degree in Accounting Finance Economics Management Accounting Information Systems or related field will consider a non-business degree with the appropriate audit experience or equivalent related experienceeducation Requirements
bull Two to Three (5-7) years of professional level experience in an internal audit public accounting or related environment to include (2) two years of auditing and SOX experience Knowledge of internal control concepts and technical proficiency in auditing skills
bull High level of analytical and creative skills to find solutions to complex professional technical and ad-ministrative problems Strong critical thinking ability
bull Effective oral written communications skills and interpersonal skills to effectively communicate with sensitivity to all levels of supervisory and non-supervisory employees executive staff Board Mem-bers outside consultants and others both inside and outside of the organization
bull Possesses one or more professional certifications (ie CPA CIA CISA CISSP) bull Retail credit financial services industry experience is strongly preferred bull SOX (Sarbanes Oxley) Experience strongly preferred bull Experience with automated work paper systems (TeamMate Paisley GRC Texert etc) and data
analysis software (ACL IDEA etc) is strongly preferred bull Public Accounting (Big Four) experience preferred bull IT Systems Audit experienced preferred bull Familiarity and ability to conduct general integrated audits involving test of IT controls preferred bull Ability and willingness to travel up to 30
This is the right opportunity for someone who wants a first hand ground up experience building and running an internal audit function in a public traded company a strong and highly valued skill-set that is sought out by compa-nies in all stages of the growth curve Give your ideas a chance to harness The company operates in a lean dynamic and highly entrepreneurial environment You will have frequent exposure to business leaders and execu-tives running a successful publicly traded company Location amp Benefits This position will be based out of Beaumont Texas Market salary 401(k) match vacation and comprehensive health benefit package Application Procedure Qualified candidates may email resume to rhrconnscom and apply online at wwwconnscom Note The above statements are intended to describe the general nature and level of work being performed by associates assigned to this job The statements are not intended to be an exhaustive list of all responsibilities duties and skills required of personnel so classified All associates may perform other duties as assigned
Page 12
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Nabors - Internal Auditor
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Title Internal Auditor Employer Nabors Corporate Services Inc Location Houston Tx Position Summary Assists in developing audit programs leads andor conducts internal reviews and audits Assists management in the examination of financial and operating controls and procedures to provide comments and recommendations concerning activities reviewed Duties and Responsiblities
bull Participates in the execution of audit work bull Reviews and appraises the adequacy and the application of financial and operating controls to
ensure company objectives are met bull Examines assigned activities of areas of the company to determine the extent of all compliance
with company policies plans and procedures and rules of regulatory authorities bull Evaluates to the extent possible through the audit process managerial effectiveness in
attainment of objectives bull Prepares written reports of audit results and reviews the results with appropriate management
personnel makes recommendations for the correction of problems noted during the audit and fol-lows up on audit recommendations to ensure implementation
bull Actively seeks the development of new or improved procedures or ideas which will improve overall profitability and efficiency of the company
Experience
bull Audit experience (2+ years required) with auditing for financial reporting operations compliance fraud the safeguarding of assets and SOX
bull Strong analytical aptitude to analyze complex and often incomplete data gathered in audits bull Experience with electronic workpapers (AutoAudit or TeamMate) databases and data
manipulation (IDEA ACL or Access) bull Well developed verbal and written communication skills The ability to deal with people effectively
to attain desired objectives Education and Training
bull Accounting Finance Business Administration or related degree required Courses in auditing or computer science preferred
bull Having or pursuing CPA or CIA required bull CFE and MBA preferred bull Understanding of SOX International Professional Practices Framework and the Foreign Corrupt
Practice Act required
Travel Requirements bull Ability to travel internationally 20 to 40 percent
Page 13
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Nabors - Sr Internal Auditor
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Title Senior Internal Audit Employer Nabors Corporate Services Inc Location Houston Tx Position Summary Develops audit programs leads andor conducts internal reviews and audits Assists management in the examination of financial and operating controls and procedures to provide comments and recommendations concerning activities reviewed
Duties and Responsibilities
bull Participates in the planning and execution of audit work reviews the work of assigned audit staff to ensure sufficiency of scope and accuracy and timely completion of audits
bull Reviews and appraises the adequacy and the application of financial and operating controls to ensure company objectives are met
bull Examines assigned activities of areas of the company to determine the extent of all compliance with company policies plans and procedures and rules of regulatory authorities
bull Evaluates to the extent possible through the audit process managerial effectiveness in attainment of objectives
bull Prepares written reports of audit results and reviews the results with appropriate management personnel makes recommendations for the correction of problems noted during the audit and fol-lows up on audit recommendations to ensure implementation
bull Actively seeks the development of new or improved procedures or ideas which will improve overall profitability and efficiency of the company
bull Evaluates training needs of staff auditors enhances development of entry level auditors by providing fundamental knowledge of auditing and explaining audit objectives and procedures
bull Works closely with Audit Managers and Auditee to help ensure value added audit products Experience
bull Significant experience (4+ years preferred) in internal audit systems analysis investigative techniques accounting or general management Oil and gas industry preferred
bull Audit experience (3 years required) with auditing for financial reporting operations compliance fraud the safeguarding of assets and SOX management
bull Strong analytical aptitude to analyze complex and often incomplete data gathered in audits bull Experience with Electronic workpapers (AutoAudit or TeamMate) databases and data manipulation
(IDEA ACL or Access) Experience with Oracle preferred bull Well developed verbal and written communication skills The ability to deal with people effectively to
attain desired objectives in adversary as well as non‑adversary environment bull Supervisory skills to provide guidance and work direction to assigned support auditors
Education and Training bull Accounting Finance Business Administration or related degree required Courses in auditing or
computer science preferred bull CPA or CIA required Consider Temp waiver if actively pursuing CFE CISA and MBA preferred bull Understanding of SOX International Professional Practices Framework and the Foreign Corrupt
Practice Act required
Travel Requirements bull Ability to travel internationally 20 to 40 percent
Page 14
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Nabors - Internal Auditor
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Title Internal Auditor Employer Nabors Corporate Services Inc Location Houston Tx Position Summary Assists in developing audit programs leads andor conducts internal reviews and audits Assists management in the examination of financial and operating controls and procedures to provide comments and recommendations concerning activities reviewed Duties and Responsiblities
bull Participates in the execution of audit work bull Reviews and appraises the adequacy and the application of financial and operating controls to
ensure company objectives are met bull Examines assigned activities of areas of the company to determine the extent of all compliance
with company policies plans and procedures and rules of regulatory authorities bull Evaluates to the extent possible through the audit process managerial effectiveness in
attainment of objectives bull Prepares written reports of audit results and reviews the results with appropriate management
personnel makes recommendations for the correction of problems noted during the audit and fol-lows up on audit recommendations to ensure implementation
bull Actively seeks the development of new or improved procedures or ideas which will improve overall profitability and efficiency of the company
Experience
bull Audit experience (2+ years required) with auditing for financial reporting operations compliance fraud the safeguarding of assets and SOX
bull Strong analytical aptitude to analyze complex and often incomplete data gathered in audits bull Experience with electronic workpapers (AutoAudit or TeamMate) databases and data
manipulation (IDEA ACL or Access) bull Well developed verbal and written communication skills The ability to deal with people effectively
to attain desired objectives Education and Training
bull Accounting Finance Business Administration or related degree required Courses in auditing or computer science preferred
bull Having or pursuing CPA or CIA required bull CFE and MBA preferred bull Understanding of SOX International Professional Practices Framework and the Foreign Corrupt
Practice Act required
Travel Requirements bull Ability to travel internationally 20 to 40 percent
Page 13
July 2009 AUDIT WIRE
Page 15
I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Nabors - Sr Internal Auditor
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Title Senior Internal Audit Employer Nabors Corporate Services Inc Location Houston Tx Position Summary Develops audit programs leads andor conducts internal reviews and audits Assists management in the examination of financial and operating controls and procedures to provide comments and recommendations concerning activities reviewed
Duties and Responsibilities
bull Participates in the planning and execution of audit work reviews the work of assigned audit staff to ensure sufficiency of scope and accuracy and timely completion of audits
bull Reviews and appraises the adequacy and the application of financial and operating controls to ensure company objectives are met
bull Examines assigned activities of areas of the company to determine the extent of all compliance with company policies plans and procedures and rules of regulatory authorities
bull Evaluates to the extent possible through the audit process managerial effectiveness in attainment of objectives
bull Prepares written reports of audit results and reviews the results with appropriate management personnel makes recommendations for the correction of problems noted during the audit and fol-lows up on audit recommendations to ensure implementation
bull Actively seeks the development of new or improved procedures or ideas which will improve overall profitability and efficiency of the company
bull Evaluates training needs of staff auditors enhances development of entry level auditors by providing fundamental knowledge of auditing and explaining audit objectives and procedures
bull Works closely with Audit Managers and Auditee to help ensure value added audit products Experience
bull Significant experience (4+ years preferred) in internal audit systems analysis investigative techniques accounting or general management Oil and gas industry preferred
bull Audit experience (3 years required) with auditing for financial reporting operations compliance fraud the safeguarding of assets and SOX management
bull Strong analytical aptitude to analyze complex and often incomplete data gathered in audits bull Experience with Electronic workpapers (AutoAudit or TeamMate) databases and data manipulation
(IDEA ACL or Access) Experience with Oracle preferred bull Well developed verbal and written communication skills The ability to deal with people effectively to
attain desired objectives in adversary as well as non‑adversary environment bull Supervisory skills to provide guidance and work direction to assigned support auditors
Education and Training bull Accounting Finance Business Administration or related degree required Courses in auditing or
computer science preferred bull CPA or CIA required Consider Temp waiver if actively pursuing CFE CISA and MBA preferred bull Understanding of SOX International Professional Practices Framework and the Foreign Corrupt
Practice Act required
Travel Requirements bull Ability to travel internationally 20 to 40 percent
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July 2009 AUDIT WIRE
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I I A H O U S T O N J A N U A R Y 2 0 1 1
Job Posting Nabors - Sr Internal Auditor
Date Speaker Topic
February 1 2010 Joe el (Visual Risk IQ) Continuous Auditing
March 1 2010 Jeff Gardner (PWC) Sustainability What is Internal Auditrsquos Role
Title Senior Internal Audit Employer Nabors Corporate Services Inc Location Houston Tx Position Summary Develops audit programs leads andor conducts internal reviews and audits Assists management in the examination of financial and operating controls and procedures to provide comments and recommendations concerning activities reviewed
Duties and Responsibilities
bull Participates in the planning and execution of audit work reviews the work of assigned audit staff to ensure sufficiency of scope and accuracy and timely completion of audits
bull Reviews and appraises the adequacy and the application of financial and operating controls to ensure company objectives are met
bull Examines assigned activities of areas of the company to determine the extent of all compliance with company policies plans and procedures and rules of regulatory authorities
bull Evaluates to the extent possible through the audit process managerial effectiveness in attainment of objectives
bull Prepares written reports of audit results and reviews the results with appropriate management personnel makes recommendations for the correction of problems noted during the audit and fol-lows up on audit recommendations to ensure implementation
bull Actively seeks the development of new or improved procedures or ideas which will improve overall profitability and efficiency of the company
bull Evaluates training needs of staff auditors enhances development of entry level auditors by providing fundamental knowledge of auditing and explaining audit objectives and procedures
bull Works closely with Audit Managers and Auditee to help ensure value added audit products Experience
bull Significant experience (4+ years preferred) in internal audit systems analysis investigative techniques accounting or general management Oil and gas industry preferred
bull Audit experience (3 years required) with auditing for financial reporting operations compliance fraud the safeguarding of assets and SOX management
bull Strong analytical aptitude to analyze complex and often incomplete data gathered in audits bull Experience with Electronic workpapers (AutoAudit or TeamMate) databases and data manipulation
(IDEA ACL or Access) Experience with Oracle preferred bull Well developed verbal and written communication skills The ability to deal with people effectively to
attain desired objectives in adversary as well as non‑adversary environment bull Supervisory skills to provide guidance and work direction to assigned support auditors
Education and Training bull Accounting Finance Business Administration or related degree required Courses in auditing or
computer science preferred bull CPA or CIA required Consider Temp waiver if actively pursuing CFE CISA and MBA preferred bull Understanding of SOX International Professional Practices Framework and the Foreign Corrupt
Practice Act required
Travel Requirements bull Ability to travel internationally 20 to 40 percent
Page 14
