president’s message louis/news... · kevin has a bachelor’s and master’s degree from...
TRANSCRIPT
February 2013 Volume 49, Issue 7
Greetings St. Louis Chapter Members,
Thank you to all who attended the January ethics meeting. It was great to see a
lot of new faces in the crowd and we had a near record turnout for the meeting!
It seems as though January has flown by and we are now into February with
spring just around the corner. With that comes a few IIA events on the horizon.
The first is our annual Student night, on Thursday, February 21st from 5:00-
9:00. The event will be at the Frontenac Hilton and is always well attended
from students from local universities and surrounding areas. Our speaker will
be Melanie Broyles from Etiquette St. Louis. Melanie has spoke at a couple of
our events over the past two years and is always a popular speaker amongst
our membership. For Student Night, she will be covering “Proper Etiquette for
Students entering the Business World” so will be a relevant topic for our guest
students. We are still looking for sponsors for our students. If you are interest-
ed in sponsoring a student or reserving a table for the company informational
portion of the evening, please reach out to Max Berendson. This is a great way
to educate students more on internal audit and to spotlight your internal audit
department. Registration for the event is open, so please register today if you
haven’t already done so.
The IIA is also hosting a couple of online CPE opportunities this month in
which our members can take advantage of at no cost. The first is on February
19th, from 12:00-1:00 on “Planning Integrated Audits ” which will address
components of the integrated audit approach and how it can streamline compli-
ance. Also, the IIA is hosting a global briefing on a recently issued practice
advisory on “Root Cause Analysis.” This event will discuss how we, as auditors, are charged with
reporting the underlying reason or root cause of the issues we find during the course of our engage-
ments and how this is critical to adding insight and improving the overall control environment. There
are three dates this month in which this event is being held; so, visit the IIA website to find a date
that works for you.
(Continued on page 2)
President’s Message
What’s Hot This Issue?
Student Night!
February
Roundtable
March Meeting & Seminar
2013-2014 Chapter
Elections
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(Continued from page 1)
Also, mark your calendars for our March meeting and two day fraud
seminar on the 21st and 22nd. Our guest speaker will be John Hall who
spoke at the 2012 IIA International Conference in Boston.
Finally, don’t forget to submit your CAP documentation. I know a lot
of companies around this time of year participate in the Junior
Achievement Bowl-a-Thon. If your company is one of those, this is a
qualifying event and we can earn points for your participation.
Thanks again to all of you for your support during 2012.
Regards,
Gena R. Givens
What’s Inside
1 President’s Message 3 Student Night 4 February Roundtable 5 March Meeting & Seminar 6 Notice of Election 7 CAP Points Estimate Protiviti Fast 8-9 Maryville University CIA Program 10 McGladrey Social Media 11-12 Career Opportunities at Arch Coal, Inc. 13 January Meeting Recap 14 Rubin Brown 15 Chapter Calendar 16 Gleim CIA Review System 17 Brown, Smith, & Wallace 18 Chapter Contacts 19 CAP Form
REMINDERREMINDERREMINDER
Reminder to all IIA member companies,
you can list open job positions for FREE on the St. Louis IIA website. This is
a great way to get your open positions filled with quality candidates.
If you have an open position, please send the listing to
[email protected] with a copy to [email protected].
Gleim Discount on Study Materials
Your St. Louis IIA Chapter has partnered with Gleim. Chapter mem-
bers receive 20% off on all CIA study materials, as well as Gleim CPE
(including new ethics course). To take advantage of the reduced prices
and to place your order, log into the Members Only section of the
Chapter website.
Please contact our Gleim representative, Melissa
Leonard with any questions regarding the Gleim ma-
terials or discounts available. Call her at
800.874.5346, ext 131 or via email
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February IIA Student Night Thursday, February 21, 2013
Our annual Student Night
is rapidly approaching.
The main goal of this event
is to provide students with
an opportunity to network
with professionals from a
variety of accounting, IT,
and internal audit back-
grounds. Representatives
will be present during the
Networking/Career Fair
portion of the event to
share information about
their career, company, and/
or internship opportunities.
When: Thursday, February 21, 2013 Registration: 5:00pm – 5:30pm
“Speed Networking”: 5:30pm – 6:30pm
Speaker: 6:30pm – 7:30pm
Networking/Career Fair: 7:30pm – 9:00pm
Where: Hilton St. Louis Frontenac
Cost: $35 for IIA/ISACA Members
$40 for Non-Members
FREE for Students and Faculty
RSVP: Max Berendson at [email protected] or
314-889-8363
Payment: St. Charles County Government
C/O Brent Statler
201 N. Second St. RM. 526
St. Charles MO 63301
We will begin the evening with “Speed Networking”. All attendees will be partici-
pants in this portion of the event. We will give students opportunities to informally
engage local professionals in small groups. This will be done in rounds to enable
students to obtain different perspectives from different attending IIA members. Stu-
dents and members can continue these conversations during the Networking/Career
Fair portion of the event.
Our featured speaker will be Melanie Broyles, from Etiquette St. Louis. Her topic
will be "Proper Etiquette for Students Entering the Business World". Melanie’s talk
will cover etiquette for job interviews, professional dress, and professional dinners.
For the continued success of this event, we are seeking corporate sponsors for the
student meeting costs. A contribution of $35 will support 1 student. Contributions
are recognized at the Silver (2 students), Gold (4), and Platinum (8) level. Recogni-
tion will be given at the event as well as in the newsletter following the event.
Please help us by making this year a record year!
We are also looking for companies that would like to have tables during the Net-
working/Career Fair portion of the event. There is no cost for reserving a table, but
they are reserved on a first-come, first-served basis.
If you are interested in sponsoring students or reserving a table, please contact
Max Berendson at [email protected] 314-889-8363.
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St. Louis Chapter of the IIA February 2013 Roundtable
Wednesday, February 13 2013
Meeting Information
DATE: February 13, 2013 MEETING LOCATION: Charles F. Knight Executive Education
& Conference Center Room 220
1 Bookings Dr, St Louis, MO Washington University in St Louis
Registration: 2:45 PM to 3:00 PM Presentation: 3:00 PM to 5:00 PM ROUNDTABLE CPE: 2 hours
About the Meeting and Seminar
GOVERNMENT AUDITING – WORKING WITH LIMITED RESOURCES
Recent political discussions indicate that the public sector is in for a pretty rough time over the next years as the govern-ment struggles to balance the books. With workforces re-duced and pay levels severely controlled, how can public sec-tor audit directors get the most out of their more limited re-sources and how can they keep staff motivated to deliver ever increasing levels of customer service required in the context of reduced budgets? Audit directors will need to be even more skilled in a number of specific areas in order to tackle the challenges ahead.
If you want to share what you do in your department to work with limited resources, what difficulties you are facing,
and what you would like to learn from your peers, you are invited to join us in this roundtable!
About the Speaker
Kevin Dillon is the Assistant Auditor for St. Charles County Government where he has spent the past thirteen years, starting out as a college intern and progressing up to the assistant director position. He has overseen audits of all County functions and facilities, including property assessment, tax collec-tion, public health and safety, zoning and building codes, road maintenance, adult and juvenile correc-tional facilities, state and local courts, an airport and a 10,000 seat arena. During his tenure, St. Charles County has matured from Missouri’s fastest growing county to its third most populous. With County revenue based almost exclusively on sales taxes, recent economic downturns necessitated layoffs and budget cuts, forcing the County to become leaner and more efficient. Kevin has a bachelor’s and master’s degree from Lindenwood University and is a Certified Public Ac-countant and Certified Internal Auditor. He is a past president for the IIA St. Louis Chapter and cur-rently serves on its Board of Governors. He is also active with the Missouri Association of County Audi-tors, helping to coordinate the annual training for all county auditors in the state.
Cost & RSVP Information
RSVP contact: Please RSVP by February 7th to Jennifer Fincher at 314-512-2615 or [email protected]. Or visit the St. Louis IIA Chapter Website. Meeting Cost: Free – Meeting for Internal Audit Managers and above Cancellation Notice: If you register and wish to cancel, please do so before February 12, 2013.
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St. Louis Chapter of the IIA / ACFE March 2013 Meeting and Seminar
March 21st & 22nd, 2013 Location: Frontenac Hilton
Cost & RSVP Information
Meeting Cost: $35 IIA Members / $40 Non-members
Meeting & Seminar Cost:
$350 (includes breakfast and lunches)
RSVP contact: Please RSVP by Friday, March 15th to
Jennifer Fincher at 314-512-2615 or
[email protected] or visit the
St. Louis IIA Chapter Website
Payment: Payment can be made via PayPal on the
St. Louis IIA Chapter Website or by
mail:
Institute of Internal Auditors
c/o Brent Statler
201 N. Second Street RM526
St. Charles, MO 63301
Cancellation Notice: If you register and wish to cancel please
do so before Friday, March 16th. ** NO SHOWS WILL BE BILLED *
Meeting Information
DATE/TIME: Thursday, March 21st
Registration: 7:30 am – 8:00 am
Breakfast Meeting: 8:00 am – 9:00 am
Day One Seminar: 9:00 am – 5:00 pm
DATE/TIME: Friday, March 22nd
Day Two Seminar: 9:00 am – 5:00 pm
1 CPE Credit (Meeting Only)
16 CPE Credits (Meeting Plus Seminar)
About the Meeting and Seminar
Fraud causes surface every day. Management and the public expect that professional auditors are ready, willing
and able to tackle these incidents and lead the charge to bring to justice all that commit wrongdoing. This “how-
to” course for audit and other fraud professionals will help participants be more effective in their fraud prevention,
detection and case handling responsibilities.
Planned topics for the seminar include: Fraud and the risk-based audit approach; Fraud risk surveillance and
monitoring; Audit lessons from fraud cases and the impact on your work; Leading fraud awareness, prevention
and early detection initiatives; How to detect fraud during audits; Detection-based interviewing; Special challeng-
es in procurement, contracting and third-party relationships; Technology-based exposures and opportunities; How
to get managers to reach to fraud risks; Dealing effectively with HR, attorneys and external authorities; Docu-
menting a fraud case; and “Do’s and don’ts for auditors, examiners and others with fraud handling responsibili-
ties.
This seminar is highly interactive and participants should come prepared to share their questions, fraud handling
experiences, success and challenges. Time will be specifically allocated for brainstorming and group discussion.
Our Speaker
John Hall is the president of Hall Consulting, Inc. He specializes in skills training programs and conference
presentations for management groups, internal auditors, CPAs, and professional associations. Mr. Hall has 35
years of experience as a consultant, speaker, auditor and business owner. He has worked in senior leadership in
public accounting, internal auditing, and Fortune 100 corporate management positions.
John is a member of the National Speakers Association, the American Institute of CPAs, and the Institute of Inter-
nal Auditors. His first book “Do What You Can! Simple Steps – Extraordinary Results” was published in June
2012.
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Notice of ElectionNotice of Election Pursuant to the By-Laws of the St. Louis Chapter of
The Institute of Internal Auditors, formal thirty-day
notice is given. Kevin Dillon, Board of Governors
Human Resource Committee Chairman, is announc-
ing the following slate of nominations for Board of
Governors and Chapter Officers for the 2013–2014
chapter year:
Board of Governors For the 3-year term expiring June 30, 2016
Ted Flom (Brown Smith Wallace)
Ron Steinkamp (Brown Smith Wallace)
Kevin Dillon (St. Charles County Government)
Tony Taylor (Silgan Plastics Corporation)
Officers President – Rick Feldt (Rubin Brown)
First Vice President – Steve Wang (Protiviti)
Second Vice President – Brian Dobrynski (Wells Fargo)
Treasurer – Jen Weiner (Protiviti)
Secretary – Regina Jones (TricorBraun)
Election of the Board of Governors and Chapter Officers will be held
at monthly meeting on March 21, 2013. The vote will take place dur-
ing the business portion of the meeting. Nominations will also be tak-
en from the floor on the day of the election. The votes will be tabulat-
ed the day of the election and nominees will be elected by the majority
of votes.
If anyone has any questions prior to the election, please contact Kevin
Dillon at 636.949.7455 or [email protected] or Kate Turner at
314.342.3334 or [email protected].
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Platinum Pursuit
As of January 31, 2013,
we have an
estimated:
940 CAP points
GOLD Level 1,560 CAP points
Silver Level 1,060 CAP points
Bronze Level 685 CAP points
Check out our “Quest for Platinum” status
every month!
Prepare to Pass the CIA Exam
If you’ve made the decision to enhance your career by earning the Certified Internal Audi-tor® (CIA®) designation, the St. Louis Chapter can help you achieve your goals with The IIA’s
CIA Learning System™.
The IIA’s CIA Learning System is an interac-tive print and online self-study review program designed by CIA-certified industry experts to help you learn, review, and apply the key CIA content. This approach will help you build on foundational elements of internal auditing to master key concepts you need to know to
pass the CIA exam.
For more information or to try a demo, visit www.LearnCIA.com/overview. Wondering how long it will take you to prepare for the exam? Create your free, personalized study plan at
www.LearnCIA.com/my-cia-review-plan.
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Prepare to Pass the CIA Exam with The IIA’s CIA Learning System®
The IIA’s CIA Learning System is a comprehensive professional development and
Certified Internal Auditor® (CIA®) exam preparation program. It combines printed
materials, Web-based tests and resources, and optional live instruction to teach the entire
global CIA body of knowledge. This program offers premier quality training that meets
the unique demands of internal audit professionals, employers and instructors.
Prerequisites
Participants should hold a Bachelor’s degree. Those who do not have professional
experience in internal auditing will be required to possess work experience in field
for 24 months prior to completing certification. More information can be found at
https://na.theiia.org/certification/CIA-Certification .
Course Components
Part 1 – The Internal Audit Activity’s Role in Governance, Risk, and
Control
Comply with The IIA’s Attribute Standards
Risk and control knowledge elements
Establish a risk-based plan to determine the priorities of the internal audit activity
Plan engagements
The nature of internal audit work in risk management, control and governance
Part 2 – Conducting the Internal Audit Engagement
Conduct engagements
Conduct specific engagements
Monitor engagement outcomes
Fraud knowledge elements
Engagement tools
(Continued on next page)
Maryville University offers
CIA Certification Program!
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(Continued from previous page)
CIA Learning System Course Benefits Qualified instructors lead discussion and clarify difficult topics.
A peer network is developed while you learn in a group environment.
Participant materials include:. Comprehensive print materials that teach the CIA exam syllabus in a clear and
concise format.
Interactive online study tools that include pre-tests to identify which topics require
intensive study; quick and extended section-specific quizzes to measure compre-
hension and ability to apply concepts; post-tests that gauge knowledge gained and
identify areas requiring further study; a CIA practice exam to build experience and
confidence for exam-day; eFlashcards and glossary offer review of key terms and
definitions; a progress report that tracks activities and scores; and an Online Re-
source Center that provides additional references and feedback opportunities.
Who Can Benefit From The IIA’s CIA Learning System Course?
Candidates preparing for the IIA’s CIA exam.
Internal Auditors seeking professional development.
Audit Managers wishing to train their staff.
Risk Managers and staff.
Students enrolled in accounting, business or financial degree programs.
Course Schedule Part I will be held on February 9, 2013 – cost $595
Part II will be held on March 9, 2013 – cost $595
Part III (a two day section) will be held on April 20 and 27, 2013 – cost $595
Part IV will be held on May 18, 2013 – cost $595
If you register for Parts I and IIor Parts III and IV at the same time, the cost for both
courses will be $1,000.
To register, fill out the Registration Form or contact 314-529-9488 for more
information.
Maryville University offers
CIA Certification Program!
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Look for the St. Louis Chapter on Facebook!
If you’re a Facebook user, keeping up to date with all the chapter events will
be even easier with the St. Louis Chap-ter’s Facebook page. Search for “St. Louis IIA Chapter” and “like” us to re-
ceive chapter updates and event notifi-cations on your Facebook news feed.
Visit the St. Louis
Chapter on
Are you Artistic?
We are currently looking for sub-missions for cartoons to be fea-
tured in the Focus IIA Newsletter! If you would like to participate, please send your creations to
The St. Louis IIA Board
has approved the creation
of a Twitter account to
help us stay up to speed.
Follow us on twitter
@IIASTL
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Manager Internal Audit
Arch Coal, Inc. St. Louis Corporate Office
OVERALL JOB PURPOSE:
Assist the Director of Internal Audit in developing an integrated, value-adding audit function, and in executing the internal audit plan. This
position will plan, provide oversight and or perform internal audits, special projects of both a financial and operational nature, and consulting with management on various topics.
RESPONSIBILITIES INCLUDE:
Plan, supervise or perform financial & operational audits of, and consulting projects for, the Company.
Lead continuous development and maintenance of an integrated, value-adding internal audit function.
Develop and maintain a risk-based audit universe (corporate and mine-level) for the Company.
Review work-paper content for technology projects (prepared by Sr. IT Auditor).
Coach, develop, and support Internal Audit staff.
MINIMUM REQUIRED SKILLS, EDUCATION, AND EXPERIENCE: Undergraduate degree in business administration, accounting, computer science, or related area.
Ten (10) years of experience in public accounting, finance, or industry gained through increasingly responsible positions. Five (5) years of direct supervisory experience.
Proven project management skills.
Experience in performing or providing oversight for technology audits either directly or in support of a financial audit. Solid understanding of general business practices.
Possess spreadsheet software skills needed to quantify and illustrate routine and non-routine reports and comparisons.
Experience using Internal Audit department tools such as, web-based audit software, accounting research software, and various data mining and analysis tools.
Knowledge of Sarbanes-Oxley requirements, including documentation, testing, scoping, identification of key controls, control rationalization,
and risk. Knowledge of COSO, CobiT, and ITIL criteria.
Flexible, “on your feet” thinker with the ability to act according to shifting priorities.
Confident communicator with ability to work with and present directly to upper management. Ability to prioritize multiple audits and projects according to importance.
Independent, original thinker in the completion of all aspects of audit work to ensure effective audit coverage in an efficient manner.
Positive ‘can-do’ attitude with respect for high quality standards. Self-motivated and strong initiative to achieve.
Able to travel 20-30% of the time; more if specific need arises.
PREFERRED EDUCATION & EXPERIENCE: At least one of the following certifications: CPA, CISA, CFE, CIA.
Dual Certifications (e.g., CPA and CISA) strongly preferred. Dual Degree: Accounting and MIS.
Masters of Accountancy with an MIS certificate or MBA.
Ten plus (10+) years of experience in public accounting, finance, or industry gained through increasingly responsible positions. Experience working for a mining company or in the energy field.
Audit Experience: public company Internal Audit or public accounting firm experience (Big 4 or large national CPA Firms) using the following
auditing standards IIA, GAAP, GAAS, and PCAOB.
ADDITIONAL COMMENTS:
While discharging the responsibilities of this position, the Institute of Internal Auditors’ International Standards for the Professional Practice of Internal Auditing and Code of Ethics must be met or exceeded.
This position must maintain the confidentiality of protected health information utilized in the course of job duties, in accordance with HIPAA
regulations and company procedures.
POSITION WILL REPORT TO: Director of Internal Audit
For more detailed job description please visit http://www.archcoal.com/careers/ Qualified candidates interested in this position should e-mail their resume to [email protected].
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Senior Internal Auditor
Arch Coal, Inc. St. Louis Corporate Office
OVERALL JOB PURPOSE:
Conduct audits of the efficiency and effectiveness of the Company’s internal controls and operating effectiveness throughout the organization,
determine compliance with Company policies and procedures (including laws & regulations), reliability of financial reporting, assess risk, and make recommendations to ensure compliance and appropriate safeguards of assets.
RESPONSIBILITIES INCLUDE:
Plan and perform operational and financial audits for all aspects of the company’s operations. Interview management and other key em-
ployees to understand business processes and key internal control measures. Identify weak internal control practices and recognize opportunities for improvement to internal control environments. Identify ineffective
or inefficient business practices and make recommendations for improvement.
Accurately document the process flow of a business function in a manner that is concise, easily understood, and clearly identifies the inter-
nal control strengths and weaknesses and process improvement opportunities.
Plan audits, including the preparation of the detailed audit program that clearly defines the audit steps needed to achieve the audit objec-
tives, perform and supervise related testing, and provide appropriate documentation of testing and results thereof. The results should include the identified internal control strengths and weaknesses, as well as, operating efficiencies and effectiveness of the business pro-
cess. Design & conduct testing procedures as specifically related to SOA 404.
Prepare audit reports, providing sufficient details for the intended audience.
MINIMUM REQUIRED SKILLS, EDUCATION, AND EXPERIENCE:
Six years of auditing experience
CPA, CIA, or CFE certification
Undergraduate degree in accounting, business administration, or related area or equivalent combination of education and experience
Working knowledge of Generally Accepted Accounting Principles, Generally Accepted Auditing Standards, and Sarbanes-Oxley Act
Section 404
Maintain proper safeguards for highly sensitive and confidential information (i.e. payroll, financial results, etc.) whenever necessary
Excellent interpersonal skills, verbal and written communication skills, including effective interviewing skills
Proficiency with PCs, including Microsoft Word, Excel, and Power Point, as well as Outlook
Solid understanding of general business practices
Excellent analytical, problem-solving, and decision-making skills
Able to work independently
Able to simultaneously conduct multiple audit projects and assignments while adhering to deadlines
Able to travel
PREFERRED EDUCATION & EXPERIENCE: Nine years of auditing experience
Experience in coal industry or public accounting Experience with Audit Command Language (ACL) or equivalent software
MBA or other graduate business degree
ADDITIONAL COMMENTS: This position must maintain the confidentiality of protected health information utilized in the course of job duties, in accordance with HIPAA
regulations and company procedures.
POSITION WILL REPORT TO: Manager Internal Audit
For more detailed job description please visit http://www.archcoal.com/careers/
Qualified candidates interested in this position should e-mail their resume to [email protected].
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Record Attendance at January Meeting
On Ethics!
The January chapter meeting was attended by over 150 members which is al-most 20% of total chapter membership. As far as anyone could remember, that attendance figure is a new record!!! Congratulations to the programs commit-tee for providing high value learning opportunities, and thank you to the at-
tendees for making the January meeting an un-qualified success.
For those who could not attend, Mike Zychinski and Eric Pillmore gave a very interesting presentation on ethics in the work place. Mike is the Chief Eth-ics &Compliance Officer at Deloitte and Eric is a Senior Advisor to the Deloitte Center for Corporate Governance. Eric provided some interesting in-
sights from his previous experience as SVP of Corporate Governance at Tyco. It was 2 hours well spent for all attendees as both gentlemen provided thought provoking guidance on ethical conduct. We encourage all of our members to attend as many meetings as possible. The value to you in-cludes: Relevant training at a low cost Easy and efficient professional networking Good breakfast or hors d’oeuvres We look forward to seeing you at our next meeting!
Our guest speakers, Mike
Zychinski (left) and Eric
Pillmore (right).
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Upcoming Events
The St. Louis Chapter of the IIA will be hosting its Third Annual Multi-Track event on April 18, 2013. The
event will offer 8 hours of CPE at an affordable price.
The 2013 Multi-track event will offer industry-focused morning sessions, while the afternoon will be high-
lighted with two prominent keynote speakers.
If you or your company is interested in sponsoring the event, please contact Amanda Clifton at
SAVE THE DATE!
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Platinum Pursuit
IIA–St. Louis Chapter Report of CAP Activity
NAME: COMPANY: PHONE NUMBER: TYPE OF ACTIVITY: (speaking, editorials, articles, research, student internships, etc.) TOPIC: (please attach agendas, articles) LENGTH OF PROGRAM (# CPE hours): DATE OF ACTIVITY: LOCATION (city/state or country): DESCRIPTION / OTHER INFORMATION: ______________________________________ ________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
Please send, fax, or e-mail to:
Gerald Lommen U.S. Army Audit Agency
Building 105E, 2nd floor
4300 Goodfellow Boulevard
St. Louis, MO 63120-0008
Phone: 314-260-2005 Fax: 314-260-3250