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February 2013 AUDIT WIRE
President’s Message Dear Members, I hope you all have been enjoying your summer. We have numerous exciting Chapter events planned this year. Your Chapter leaders are working hard to provide quality CPE seminars and other opportunities to network and share ideas with your Houston peers, whether it is at a CAE Roundtable, after-work networking event, or Astros baseball game. Click Here to register for our next networking event on August 19th in The Woodlands. Thank you to all who participated in the Chapter’s Annual CIA Review Course which was held in mid-July. The course was facilitated by Dr. Glenn Sumners and was held at the University of Houston. Events such as these help demonstrate not only the Chapter’s commitment to, but also our members’ commitment to enhancing their professional development and credibility. I would like to congratulate one of our Chapter members, Daniel Ramsier, who recently received the distinct honor of being a Top Ten Award Winner of the Certified Internal Auditor exam. Daniel received one of the top ten highest scores on the CIA exam out of approximately 64,000 candidates who took the exam in 2014. Congratulations, Daniel! Please take some time to learn about the IIA’s Internal Audit Practitioner designation. You can earn this new designation by taking and passing Part I of the CIA exam and then applying through the IIA to obtain the designation. I encourage you to participate in the Chapter’s annual member survey by clicking here. Your feedback is needed so we can continue to plan quality events that meet and exceed your needs as a member of this organization. Your Chapter leaders are eager to hear from you regarding all aspects of the Chapter’s activities throughout the year. If you need to reach out to any of the Chapter Officers, please find their contact information at https://chapters.theiia.org/houston/About.
I look forward to seeing you at this month’s luncheon and two-day report Reporting Writing seminar. Connie Khawaja Houston Chapter President [email protected]
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AUDIT WIRE MON THLY
INSIGHTS
President’s Message
1
Luncheon and Registration
2-3
New Members & Certifications
4
IIA Fraud Conference
8
University of Houston
9
CAP Update 11-12
Job Postings 13-14
Membership Survey & IA Practitioner
10
Networking Event
7
Annual Conference
6
CIA Award Recipient
5
February 2013 AUDIT WIRE
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The monthly luncheon meetings are held at the Petroleum Club.
This great downtown venue is located at 1201 Louisiana St. on the top floor of the downtown Total building. The seated plate lunch begins at 11:30, with the program beginning at noon. Both public and valet parking are available. Please note valet parking is cash only.
Please note online registration is open until 9:00AM the day of the event, and as a result walk-in registration is no longer active.
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Luncheon Topics and Speaker Information
I IA HOUSTON CHA PT ER
O F F I C E R S 2 0 1 5 - 1 6
PRESIDENT Connie Khawaja ABM Industries VP ADMINISTRATION Wilson Van Tine Phillips 66 VP FINANCE Ed Tucker HMT Inc. VP COMMUNICATIONS Eric Murray Deloitte VP ACADEMIC RELATIONS Jamie DuBray Chevron VP TECHNOLOGY Mary Hall Texas Children’s VP SEMINARS Greg Bone Anadarko VP MEMBERSHIP Lauren Harris PwC SECRETARY Radha Ahya Plains All American NEWSLETTER EDITORS Jamie Dugas Deloitte Jenny Meyers Deloitte
Pricing: Early IIA Member: $30
Non-Member and Regular Registration IIA Member: $40
Valet Parking Available: $15 (Cash Only)
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Upcoming Topics and Speakers
Date Topic(s) Speaker(s)
August 3 Accidently in Charge Mike Jacka
October 5 How to Become a Strategic Auditor Dr. Paul L. Walker
September 14 Managing Your Personal Brand Tommy Karam
August 3 - 4 Report Writing Seminar Mike Jacka
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February 2013 AUDIT WIRE
Luncheon Topic: “Best, Worst, and Somewhere In Between Practices from an Auditor, Manager, Director, and Guy Who Sometimes Accidently Found Himself in Charge” In his thirty years with Farmers Insurance Internal Audit, Mike Jacka has seen some of the best and worst practices for internal audit. In fact, some of them were even his fault. In this light-hearted but information-packed presentation, Mike shares some of the truly groundbreaking approaches he has used, as well as the ideas and practices that just didn't quite work out so well. These experiences span the full range of internal audit activity including preliminary audit work, testing, report writing, and even relationship management, supervision, and personnel development. By the end of the presentation, every participant will leave with more than one idea on how to make their operation better (or what to avoid that might make it worse.)
Objectives: Participants will learn best practices related to many different aspects of internal audit including recruitment, training, process analysis, and report writing. They will also be provided with examples of how other practices can be harmful, if not detrimental, to the internal audit's success.
Participants in the program will learn about: • Put into practice specific tools, techniques, and approaches applicable throughout the internal audit process • Identify poor practices which will have on the department's success • Understand how exploring new and different approaches are an important part of the department's success • Use their own experience, ideas, and approaches to find improvements for their operations
Date: August 3, 2015
Experience level: Basic
Prerequisites: None Recommended
CPE Hours: 1
Two-Day Report Writing Seminar:
Objectives: Participants in the program will learn about: • Learn what goes into an effective audit observation • Organize reports that meet professional standards, elicit management actions and communicate crucial messages to executive and board level audiences • Utilize case study activities for practicing the basics of audit report writing
Dates: August 3 and 4, 2015
Experience level: Basic
Prerequisites: None Recommended
CPE hours: 16 (includes the luncheon presentation) Fees: Luncheon Only: Houston Chapter Members/ Non-Members - $40
Two-Day Seminar: Houston Chapter Members - $250 / Non-Members - $350. Note the monthly chapter luncheon is included in registration for the two-day seminar.
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August Luncheon & Seminar Topic and Speaker
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Welcome to our New Members!
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New Members & Certification Holders
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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!
Please ensure your member profile is updated by visiting www.theiia.org in order to continue receiving Houston Chapter announcements and communications.
Bobby Mathews (CIA) Kelly Ragsdale (CIA) Tam Vo (CIA)
Paul Broyles (CIA) Emily Brooks (CIA) Benfred Paul Carillo (CIA)
Roderick Roberson (CIA) James Krueger (CIA) Rebecca Noe (CIA) Amie Babin (CIA) Kenneth Hopkins (CIA) Charles Hyder (CIA)
David Kirtland (CRMA) Megan Marse (CIA)
Congratulations New Certification Holders!
The following members have recently obtained IIA certifications!
Abigail Garcia (HISD) Matthew Robinson (Protiviti Inc.) Adrian Sukal (Chevron) Melissa Patronella (Office of Natural Resources Revenue)
Anna Lianekeo (Centrica) Meta Schwader-Chavez (Prosperity Bank) Areej Kayyali (Schlumberger Services Inc.) Mitchell Grant (Hewlett Packard)
Cameron Kotara (Transocean) Nick Bednorz (Axia Partners) Chi Yuen (TransCanada PipeLines Limited) Nikki Shoemaker (Stephen F. Austin State University) Chuck Izzat (The Port of Houston Authority) Olalekan Agbato (Hewlett Packard)
Cory Farnham (Deloitte & Touche) Patricia Fitzpatrick (Spectra Energy Corporation) Daryl Gunn (Martin, Arrington, Desai and Meyers, P.C.) Paul Beville (Invesco)
David Faraji (Chicago Bridge & Iron) Prashant Kothuru (Ernst & Young LLP) Doug Ferguson (ExxonMobil Corporation) Raheem Momin (Cameron International Corporation)
Evan Leung (Marathon Oil) Rasha Ahmed (Deloitte & Touche LLP) Fransisco Tamayo (EY) Rhonda Kemp (Houston International Insurance Group, Ltd.)
Innocent Githua (Cadence Bank) Ryan Sage (Protiviti Inc.) James McCoy (Plains All American Pipeline) Shannn Williams (WRI)
Jennifer Oddo (Transocean Offshore Deepwater Drilling Inc.) Shanshan Liu (Xerox ) John Balcer (ConocoPhillips) Sri Lakshmi Popuri (Invesco) Jordan Hackney (Protiviti Inc.) Terry Myers (BHP Billiton North America)
Jose T. Antony (USPS) Theresa Grimland (Cameron International Corporation) Katherine Potter (Deloitte & Touche) Vanessa Dawson (SNI Companies)
Lauren Dillon (Deloitte & Touche) Wayne Sutherland (Baker Hughes Inc.) Maribel Eyang Aseme Nzang
(Atlantic Methanol Production Company LLC) Xiaoqian Ma
February 2013 AUDIT WIRE
The Internal Auditors Association (IIA), Houston Chapter
announces its recipient of the prestigious annual award
The Houston IIA Chapter proudly announces that one of its chapter members is a Top Ten Award Winner of the Certified Internal Auditor (CIA) exam Certificate of Excellence. The recipient is:
Daniel Ramsier — (Practitioner) - With over 15 years of Public Accounting and Internal Auditing experience, Daniel celebrates the crowning achievement of having one of the top ten highest scores on the professional CIA exam out of approximately 64,000 candidates who took the international exam in 2014. The IIA recognizes the top 3, 10, and 50 highest scores internationally.
Daniel moved to Houston, Texas in 2009 and worked in Public Accounting (most recently KPMG) until early 2014 when he joined Kinder Morgan and currently serves as Director of
Internal Audit. Upon entering the practice of Internal Audit he decided to enhance his CPA and various other credentials by working towards the CIA certification. Daniel felt that obtaining this certification would bring new opportunity, deeper knowledge and enhanced credibility both within Kinder Morgan and the Internal Audit Profession.
Lisa Arroyas, CIA and Certification Chair of the Houston IIA Chapter, asked Daniel how he prepared for these challenging exams – Daniel replied that “he used the tools available to him through the Chapter website and the Gleim CIA Review System.” He also indicated that he tried to leverage his past experiences by “focusing on why questions were wrong as well as why they were right.”
When asked why he would pursue this additional certification after so many years of auditing experience, he replied: “I think anytime you can take the time to learn you should. By committing myself to obtaining this certification, I had the opportunity to not only re-visit areas I have not thought about in many years but learn a significant amount in other areas. Also, gaining another certification is definitely an enhancement to my career and resume.”
Congratulations from the Houston IIA Chapter to Daniel and all candidates who were awarded the CIA this year!
For more information about certification or membership within the Houston IIA Chapter, contact Lisa Arroyas (Certification Chair) or Lauren Elkins Harris (VP Membership) at [email protected].
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Houston IIA has Top Ten CIA Award Recipient
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Call for Speakers April 2016
The Houston Chapter’s Seventh Annual Conference will be held on Monday, April 11, 2016 at NRG Stadium. We are currently accepting nominations for concurrent session speakers. The session tracks are Audit Leadership, Internal Audit Best Practices, IT, Fraud, and Current Hot Topics. If you would like to be considered as a speaker for one of these sessions, please submit the following to Lynne Renshaw, Conference Program Chair, at [email protected]: • An overview of your session topic including bullet points on what the participants will learn (75-150 words) • A brief bio to be used in the conference program (100 word max) • A color photo to be used in the conference program • A summary of your speaker credentials and experience (300 word max) Please note that submission does not guarantee inclusion in the conference program and any incomplete submissions will not be considered. The deadline for submissions is September 18, 2015. Thank you so much for your interest, and we look forward to seeing everyone at the conference.
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Call for Annual Conference Speakers
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February 2013 AUDIT WIRE
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Woodlands Networking Event
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Join us on August 19th at Fleming’s Prime Steakhouse & Wine Bar where we will be hosting our second network event in The Woodlands. Dave Guerra will begin his presentation on “How Servant Leadership Drives Superperformance” at 4 p.m. The networking reception will take place after the presentation and will include appetizers and adult beverage. We had a great turnout at last year’s event and very good survey feedback. We look forward to seeing you there to take advantage of this opportunity!
About the speaker: Dave Guerra is the CEO of Corpus Optima and the author of bestselling business books Superperformance, The Superperforming CEO, and upcoming Superperformance in Oil & Gas. He has appeared in a variety of popular publications including Business Week, Forbes, Fox Business News, Industrial Engineering Magazine, Industrial Management Magazine, Journal of Performance Improvement, Performance Magazine, Texas CEO Magazine.
Summary of Topic: In this session, participants will: • Understand Superperformance and its Breakthrough Principles • Explore why Servant Leadership is the Leadership of Superperformance • Apply these concepts to the field of Internal Auditing • Discuss what to do with this knowledge: 5 Simple Actions
Experience level: Basic Prerequisites: None CPE: 1 hour
Cost: $30 early registration and $35 regular registration
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Houston IIA Fraud Conference Event Pictures
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February 2013 AUDIT WIRE
Hello from the University of Houston Internal Audit Student Association (IASA)
The newly selected officers would like to say hello to all of you, classmates, friends, colleagues, and professionals. Most of us, officers, are taking classes this summer. We continue to build relationships among students and promote internal audit as a career path. We are often asked about our upcoming events and activities for the fall during our daily conversations with students. All officers are very happy to provide students with preliminary information, and all questions are welcome. In June, officers gathered for several meetings and trained for our officer duties. We brainstormed and discussed more options which can bring benefits to our members. We are reaching out to professionals and contacts for both professional meetings and social activities. Please feel free to give us any advice or contact us should you like to come and talk to or recruit IASA members. IASA members are very eager to talk to professionals. We love listening to your stories and experience. Please join us in our professional meetings in transferring your knowledge to the next generation. We also would like to say thank you to all professionals that have been with us in the last spring semester and in the past. We would be very happy for you to join us again in the semester. We should not forget to tell our story about volunteering at the Houston IIA Golf Tournament on May 21, 2015. We have been waiting for this article to share how much fun we had. It was a beautiful day with a little bit rain. We helped with setting up the event, registration, and assisted with the golf course contests. We had a lot of fun, made friends, talked to experienced people in internal audit, and enjoyed great food. It was the first time at a golf course for some of us. The experience was precious, and we would love to have more of those opportunities with the Houston IIA. IASA preparation for the fall is still going on. Please join us for more updates in the next issue. If you would like to work with IASA, please contact IASA VP Tam Huynh at [email protected].
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University of Houston IASA Update
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UH IASA Volunteering at the Houston IIA Golf Tournament 5/21/2015
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Membership Survey & IA Practitioner
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Membership Survey Your feedback is extremely valuable so that we may continue to improve our service offerings and member benefits. It is your answers to this survey that drives decision making over future benefits, resources and services. As a thank you for completing the survey, you can enter into a drawing for one of two gift cards. The survey takes 10 - 15 minutes to complete. If you don’t have time to complete in one sitting or would like to change your responses before submitting, then please click the “Exit this Survey” icon in the top right corner of the survey page. This will allow you to save your survey results so that you can come back and complete the survey at a later time. We would greatly appreciate your completion of this survey by July 31, 2015. If you have additional questions, suggestions or comments, please contact Lauren Elkins Harris, VP of Membership at [email protected]. Click here to take the survey. Thank you for being a Member of the Houston IIA!
Internal Audit Practitioner: A New First Stop on Your Road to Success
In order to support new and rotational auditors as they endeavor to take the first step on the auditing journey, the IIA is pleased to announce the Internal Audit Practitioner designation. The Internal Audit Practitioner designation is a great way to quickly demonstrate your internal audit aptitude. You can earn this new designation by taking and passing the Certified Internal Auditor (CIA) Part One exam and then apply through the IIA to obtain this special designation – Internal Audit Practitioner – through social badging. If you are beginning your auditing career journey, obtaining this designation allows you to make a statement about your knowledge and aptitude as you progress through CIA Part 2 and 3. If you are navigating through a rotational role, the Internal Audit Practitioner designation provides you with the foundational knowledge you will need to make the most of your experience.
If you manage an audit team, the Internal Audit Practitioner designation is a great way to establish a common foundation of skills and knowledge related to internal audit best practices. Help set your team up for internal audit success by taking steps to assure they are well versed in internal audit basics by encouraging your associates to take and pass Part One of the CIA exam to earn the Internal Audit Practitioner designation. For more information, please contact the Certification Chair at [email protected]; for information about joining the Houston Chapter of the IIA please contact the VP of Membership at [email protected].
February 2013 AUDIT WIRE
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Chapter Achievement Points (CAP)!
One of the ways we gauge our success as a Chapter is through the Chapter Achievement Program (CAP). CAP points are earned for our accomplishments in three areas: • Service to Members • Service to the Profession • Chapter Administration
We earned 2,298 CAP points in the last chapter year which means we reached our goal and have yet again earned Platinum status! This was possible in large part by our members’ participation in our monthly luncheons and our annual conference. In addition, members have contributed points by submitting details of how they have given back to the profession. There are many ways for our members to earn points. To name a few you could, • Speak about the profession or internal audit related topics to others outside of
your company • Submit exam questions for the CIA exam • Participate in an IIA-sponsored Quality Review • Participate in IIA research projects • Teach in Junior Achievement • Submit an article to the Internal Auditor (extra points for getting published!) Click here for a complete listing. To everyone who submitted, thank you for providing CAP points for our Chapter and giving back to the profession! See listing on the following page. If you perform any of the applicable service to profession activities during our new chapter year (June 1, 2015 – May 31, 2016), we would love to hear from you. Please submit your activities to [email protected]. For more information, see the CAP section of our website. Thanks for your help! Rumy Jaleel-Khan Former President and CAP Administrator
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100%
75%
50%
25%
10%
Actual Projected
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We would like to give special thanks and recognition to those members who contributed to the profession and reported their contribution to the Chapter to help us earn CAP points. The following are the members who reported CAP Service to the Profession activities during the 2014-2015 chapter year.
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CAP Breakdown
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Ac vi es by Members Points by Members Member # of Ac vi es Member Total Points
Liz Meyers 14 Liz Meyers 147 Jay Qatato 4 Jay Qatato 26 Lyn Beaty 3 Lisa Berry 22 Jamie DuBray 2 Constance Lehmann 10 Todd Freeman 2 Keith Kahl 10 Wendi Stout 2 Lyn Beaty 7 Becky Noe 1 Wendi Stout 5 Constance Lehmann 1 Becky Noe 4 Craig Hametner 1 Ryan Hubbs 4 Dave Schmoeller 1 Irene Sasaki 3 Ed Tucker 1 Jamie DuBray 3 Gayla Samuels 1 Susan Willrodt 3 Irene Sasaki 1 Tina Hoang 3 Keith Kahl 1 Yuen Fusselman 3 Kevin McMahon 1 Ed Tucker 2 Lisa Berry 1 Gayla Samuels 2 Michael Porier 1 Todd Freeman 2 Ryan Hubbs 1 Craig Hametner 1 Susan Willrodt 1 Dave Schmoeller 1 Tara Hall 1 Kevin McMahon 1 Tina Hoang 1 Michael Porier 1 Yuen Fusselman 1 Tara Hall .5
Total Ac vi es 43 Total Points 260.5
February 2013 AUDIT WIRE
LOCATION: Houston, Texas DEPARTMENT: Audit JOB TITLE: Sr. Auditor/Audit Specialist COMPANY NAME: EOG Resources, Inc. COMPANY PROFILE: EOG Resources, Inc. is one of the largest independent (non-integrated) crude oil and natural gas companies in the United States with proved reserves in the United States, Canada, Trinidad, the United Kingdom and China. EOG Resources is listed on the New York Stock Exchange (NYSE) and is traded under the ticker symbol “EOG.” EOG Resources is an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected Veteran status. JOB RESPONSIBILITIES: Participate in the planning and execution of division and headquarters audit work (operations, financial and compliance), including a variety of functional audit areas. Reviews and appraises the adequacy and the application of operating and financial controls to ensure company objectives are met; examines assigned activities throughout the company to determine the extent of compliance with company policies, plans and procedures; conducts or participates in outside operated well and vendor audits; prepares written reports of audit results and reviews the results with appropriate management; makes recommendations to ensure implementation and performs follow-up work. Participates in company testing requirements for internal controls over financial reporting (SOX Section 404) and developing recommendations as needed. JOB QUALIFICATIONS: Bachelor Degree in Business, Audit or Accounting required; Master's Degree a plus. Minimum 3+ years' experience in audit and/or the exploration and production business; public accounting experience a plus; comprehensive understanding of E & P operations, including JV audit experience a plus. Demonstrated analytical skills. Strong interpersonal skills with the ability to work with others at all levels in the organization. Excellent communication skills (written and verbal). Proficient knowledge of Windows, Excel, Word. Knowledge of and familiarity with Sarbanes Oxley Act, specifically Section 302/404. Willingness to travel (up to 20%, primarily domestic locations, international locations include Trinidad, China, UK, and Argentina). Highly motivated with the ability to work independently with minimal supervision. CIA and/or CPA certification preferred. Position will be filled at a level commensurate with experience. CLOSING DATE: 30 day posting or July 25, 2015 TO APPLY: Please apply online to Job #5979 at www.eogresources.com
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EOG Resources, Inc. – Sr. Auditor/Audit Specialist
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LOCATION: Houston, Texas DEPARTMENT: Legal Services JOB TITLE: SR Internal Auditor COMPANY NAME: Houston Methodist Hospital COMPANY PROFILE: Since its founding in 1919, Houston Methodist has earned worldwide recognition. Houston Methodist is affiliated with the Weill Medical College of Cornell University and New York-Presbyterian Hospital, one of the nation's leading centers for medical education and research. Houston Methodist is consistently ranked in U.S. News & World Report’s “Best Hospital” list and was recently named the number one hospital in Texas. FORTUNE magazine has placed Houston Methodist on its annual list of “100 Best Companies To Work For” since 2006. Houston Methodist directs millions of research dollars into patient care and offers the latest innovations in medical, surgical and diagnostic techniques. With 1,119 licensed beds, 73 operating rooms and over 5,000 employees, Houston Methodist offers complete care for patients from around the world. JOB DESCRIPTION: The Senior Internal Auditor is responsible for planning, coordinating and executing reviews of processes or activities of the entities of the Methodist Hospital System. The Senior Internal Auditor reports to the Vice President, Internal Audit. The incumbent works under the general supervision of the Manager, Internal Audit and follows departmental policies and procedures as well as limited instructions in carrying out daily tasks. The Department's vision is to provide a fully-developed, State-of-the-Art, Internal Audit function that proactively delivers value-added results to Management and Governance by providing an independent appraisal of the organization’s risks and controls. This is accomplished by evaluating risks in achieving organizational objectives and proposing value-added and cost-effective measures for controlling, and managing those risks. Assisting management by reviewing the organization’s operations, the adequacy of internal controls, the compliance with laws and regulations, the adherence to policy and procedures, the safeguarding of assets, and the accuracy of reported financial activities. Supporting governance by assuring the organization about the state of the control environment. EDUCATION REQUIREMENTS: Bachelor’s degree required. CPA, CISA, or CIA desired, CIA preferred. EXPERIENCE REQUIREMENTS: Minimum of 5 years prior relevant business experience with another internal audit department and/or progressively responsible experience with a significant public accounting firm. http://www.houstonmethodistcareers.org/job/14859/sr-internal-auditor/
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Houston Methodist Hospital – Sr Internal Auditor
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