IIA ̶ Dallas Chapter: A Large Chapter Getting Things Done With a Small Chapter Approach
While The IIA ̶ Dallas Chapter is one of the largest in North America, it is known for having the qualities offered by a smaller chapter. “We all know each other and we are like family,” says Jon Voorhies, CIA, CCSA, CFSA, CRMA, president of this busy and philanthropic group. This is obviously one of the secrets to its success.
Practitioners meeting one-on-one with students in the chapter's annual Academic Relations Month "speed interviewing" exercise.
Educating its members and the students who will be entering the profession in the future is what the chapter is all about. Whether offering low-cost, relevant, and current CPE topics, assisting with CIA exam costs, producing major annual conferences, or sponsoring and supporting the University of Texas at Dallas Center for Internal Auditing Excellence, IIA ̶ Dallas is on track with its priorities and goals.
The chapter’s relationship with the Internal Audit Foundation has been a longstanding and beneficial one, and IIA ̶ Dallas recently sponsored the Foundation’s latest research report, Defining, Measuring, and Communicating the Value of Internal Audit: Best Practices for the Profession. Immediate past president Chris Lewis, CIA, CRMA explains that it was an easy decision for The IIA ̶ Dallas Chapter to become a premier sponsor. “It was the right research, the right topic, and the right time,” he explains. “It provides important advice on how to define and measure your added value as an internal auditor, and how to communicate that value to your stakeholders.”
Larry Harrington and Sergio Abraham delivering the morning keynote address to an audience of 1,050 attendees at the 8th Annual Dallas IIA Super Conference in 2019.
The chapter raises the majority of its funds to benefit the Foundation through two annual large-scale events: the Super Conference and the Fraud Conference. They both have grown tremendously over the years, and it is not uncommon to for these conferences have more than 1,000 attendees made up of not only professionals, but also students.
“We know student engagement is important,” says Joseph Mauriello, CIA, CFSA, CRMA, a past president, current conference chair, UTD IAEP Director, and member of the chapter’s board of governors, “We are invested in moving them forward.” The UT Dallas IIA student chapter has 130 members, and many of them are active in The IIA ̶ Dallas Chapter as they prepare to be successful internal audit professionals through chapter and educational events such as “speed interviews” (where they learn about the social aspects of interviewing with top internal audit professionals), networking events, volunteer opportunities, and other student engagement activities throughout the year. In addition, IIA ̶ Dallas, through its partnership with the UT Dallas Center for Internal Auditing Excellence, awards $30,000 each semester to deserving internal audit students.
The Internal Audit Foundation is grateful for the support and generosity of The IIA ̶ Dallas Chapter. “Supporting the Foundation is about doing the right thing for the profession,” says Joseph. “We hope other IIA chapters see this value as well.”
You can get the research report, Defining, Measuring, and Communicating the Value of Internal Audit: Best Practices for the Profession,for free. Download your copy.
Student volunteers at the 8th Annual Dallas IIA Super Conference in 2019 with Chris Linsteadt, associate director, Center for Internal Auditing Excellence (left) and Johseph Mauriello (right).
FLAI Partners With the IAF on New COVID-19 Fraud Report
The Internal Audit Foundation is fortunate to have partners around the world. As part of the Foundation’s COVID-19 content series, the Latin American Foundation of Internal Auditors (FLAI) recently sponsored the report, A Blueprint to Managing Corporate Fraud Risk During a Pandemic.
FLAI promotes and supports the continuous development of the internal audit profession in Latin America, fostering regional cooperation and integration. It is associated with The Institute of Internal Auditors (IIA) and represents 16 regional Institutes of Internal Auditors with more than 13,500 members.
Authored by Nelson Luis, MBA, CFE, CFI, the report offers a practical approach to directly address the scenario of an increased risk of fraud in organizations due to the pandemic. The report covers vulnerability assessment, risk mitigation, and fraud alert monitoring.
While FLAI has previously sponsored the translation of existing Foundation research and publications, this was the first time it sponsored original content. “We are happy to support this project, and we appreciate that the IAF offers this type of opportunity,” says Jorge Badillo, chairman of the board for FLAI. “This was a new way for us to generate content and knowledge for the internal audit practitioner, and we are interested in contributing to the global fight against fraud and corruption.”
The Foundation thanks FLAI for its support. To download the free report, A Blueprint to Managing Corporate Fraud Risk During a Pandemic, visit our COVID-19 Resource Exchange Partner Content page. If you, your chapter, or Affiliate would like to learn more about sponsoring a whitepaper report, please email us at email@example.com.
2019 FLAI Leaders Workshop held in Asunción– Paraguay.
Yulia Gurman, CIA
Chief Audit Executive
Packaging Corporation of America
Leadership Society Member
Developing solutions to respond to current and future trends in internal audit is one of the many reasons Yulia Gurman volunteers on the Committee of Research and Education Advisors (CREA).
“There are so many advancements in technology that internal auditors are required to rapidly adapt and prepare themselves to respond to new regulations and emergent risks. For CREA, we are tasked with identifying these trends and quickly developing resources, such as books, manuals, and digital content, to support practitioners.”
CREA is a committee of the Internal Audit Foundation, which raises the funds needed to develop such resources.
Yulia’s volunteerism began with her local chapter, IIA–Chicago. Through her colleagues and peers, she learned about opportunities to serve on The IIA’s global committees.
Yulia Gurman with CREA members- July 2018
In her role with CREA, she enjoys providing input on the proposals for content and later reviewing drafts of the research and educational publications in development.
“I have found through my volunteer roles that I can give back and support the profession. If we all take part in such a collective effort, we can have an even greater impact.”
Learn more about the Foundation and ways to get involved as a knowledge contributor or philanthropic partner.
IIA–Houston Chapter: Activity, Engagement, and Commitment
As the second largest IIA chapter in the United States, with more than 2,400 members, the Houston Chapter does not take its mission lightly.
Kevin Cantrell, CIA, a member of the Houston Chapter’s Board of Governors and the Internal Audit Foundation Leadership Society, describes the Houston Chapter in three words: active, engaged, and committed. “We actively serve the chapter’s membership by continuously offering educational and networking opportunities, we purposefully engage in activities intended to promote the profession and build future leaders, and we commit considerable time and financial resources to support and elevate the profession locally, regionally, and globally,” he says.
IIA Houston Board members and volunteers.
Whether it be offering high-quality and relevant education and training, nurturing the next generation of internal auditors, or giving financial support to critical projects, the members of the Houston Chapter understand what it means to elevate the future of the profession.
“We feel a strong obligation to support the profession and the evolution of audit skills, thought leadership, and publications produced by the Internal Audit Foundation,” explains Brandon Tanous, CIA, CGAP, CRMA, president of the Houston Chapter. Over the past five years alone, the chapter has donated more than $300,000 to the Foundation for internal audit-related projects. Their support does not stop there; every officer and member of their Board of Governors also individually supports the Foundation.
Celebrating the 10 year anniversary
of IIA Houston Annual Conference.
The next generation of internal auditors benefits from the chapter’s generosity as well. It provides major support for student scholarships and endowments at The University of Houston and Texas A&M University. Many chapter members are active as instructors and speakers, sharing valuable real-world knowledge and experiences with students. The chapter has also started a Young Internal Audit Professionals Group, which is “important to promote the profession to the next generation of auditors through networking and social events,” says Larry Abston, a past president and current Board of Governors member.
Because IIA–Houston knows the value of what an established chapter can bring to its members, it has provided financial and administrative support to new chapter startups, most recently to IIA–Brazos Valley Chapter.
The Internal Audit Foundation commends the Houston Chapter for its exemplary support.
Learn more about ways to get involved with the Internal Audit Foundation.
Glenn Ho, CIA, CRMA
Chief Audit Executive
Leadership Society Member
While Glenn Ho’s career began in public accounting, he discovered he had the ability to help his clients become more strategic and efficient. That prompted him to think, “Wouldn’t it be great to do this all the time?” His involvement in these ‘value added’ areas is what motivated him to narrow the scope of his career. He decided to become an internal auditor.
Glenn is not only a member of the Internal Audit Foundation’s prestigious Leadership Society, he also has been a volunteer and supporter of The Institute of Internal Auditors for more than 22 years. Over those two plus decades, it is not surprising that he has seen major changes in the world of internal audit. “We have a whole new set of professional challenges in areas like cybersecurity. We are now looking more at the impact to the broader community, not just within the organization itself,” he says.
The good news, he says, is that internal auditing is constantly evolving, and management and stakeholders have come to appreciate its many benefits so much more. “There is more acknowledgment than ever, and we are now considered trusted advisors — a player at the table. This is critical for us to be effective at what we do,” Glenn says.
On an ongoing basis, the Foundation conducts research and produces publications and resources on key topics, and Glenn has acquired a large collection of these books. “The Foundation is a leader in responding quickly and effectively to help internal auditors ‘up their game.’ I refer to these publications often. Sometimes, even a single page or checklist from those publications can be of significant help,” Glenn explains.
“The internal auditor of the future will be concerned with critical thinking, independence, and objectivity,” says Glenn. “Being a good corporate citizen will be more important than ever. The Foundation exists for the greater good of the profession, and it helps us grow our careers. Supporting the organization is important to our future — both individually and as a profession.”
Learn more about the Foundation’s publications and Leadership Society.
Jingwen "Grace" Wu, CIA
Silicon Valley Bank
When Grace Wu first learned about internal auditing, she already had a business degree and experience in the field of human resources. But her interests became even more focused as she pursued her MBA at Louisiana State University, an Internal Auditing Education Partnership (IAEP) school. That is where, she says, “the gate leading to the world of internal audit was opened for me.”
Today, she is the compliance manager for Silicon Valley Bank and also president-elect of The IIA–San Jose Chapter. Though still in the early part of her career, Grace knows that giving back to her profession is crucial and she leads by example. “The IIA is the voice of our profession, and so many practitioners benefit from the great value the Internal Audit Foundation provides. Why would we not want to support something that helps us and the future of internal audit so much?” she asks.
While there are many traditional ways to support The IIA and the Foundation, such as financial and knowledge contributions and volunteering, Grace is always seeking additional means to give back, and she is the connection between her company’s grant program and the IAF. She goes the extra mile by working with the Silicon Valley Bank Foundation to obtain significant grants. Over the past two years, she has worked diligently to secure $15,000 for the Internal Audit Foundation. “SVB has a very well-established granting program to support employees in improving the community and enhancing the lives of those around us, and we are encouraged to apply on behalf of our favorite charitable organizations. They make it quite easy for us to apply,” she explains.
You, too, can help the Foundation by following Grace’s advice to check with your employer about possible grants or matching gift opportunities. When applying for a grant, she offers this tip: “Remember to be specific about how it would impact the IAF and include information in the grant package to explain this further.” For more information on supporting the Foundation, please email firstname.lastname@example.org or call +1-407-937-1218.
Nicholas C. Saracco, CIA
Leadership Society Member
Inspired by the Passion of Others
When he graduated from the University of Notre Dame in 2002, Nick Saracco thought he wanted a career in public accounting. Little did he know that his path would lead him to his true passion: internal auditing. And now, as our newest Leadership Society member, he’s investing in the future of the profession.
In his current role of advisory principal in Grant Thornton’s Business Risk Services, he knows firsthand the value of the Foundation’s many resources. “The Foundation is delivering the tools that prepare internal auditors to gain the skill sets they need to tackle the technological challenges of today and the future. This is why we have partnered with the Foundation on many projects over the last few years,” Nick explains. Most recently, Grant Thornton sponsored data analytics research that provides the tools practitioners need to become more efficient in their data mining and framework maximization efforts.
Encouraged by his colleagues, he got involved in his local IIA Chicago Chapter. He was deeply inspired by the passion and commitment of his fellow volunteers and began, a short time later, to take on important leadership roles. He currently serves as vice president of operations.
“The IIA Chicago Chapter also has sponsored many of the Foundation’s resources and publications. The chapter leadership is proud to be able to give back to the profession.” Nick says. “But it also is important that we participate at an individual level.” This year, Nick decided to join the Leadership Society, made up of the Foundation’s most generous donors. Leadership Society members play a vital role in helping ensure excellence, innovation, and progress of the Foundation. “I am proud to be able to step up and invest in the Foundation mission. With today’s corporate changes, internal auditors need to invest in innovative solutions to drive our profession forward,” Nick shared.
Tania Stegemann, CIA,CCSA, CRMA
Director of Compliance
Catholic Professional Standards Limited
Leadership Society Member
Training others is one of Tania Stegemann’s greatest passions. That’s how she first became involved with her local IIA chapter in Queensland, Australia. Persuaded to become a training instructor because of her experience in internal and external audit with KPMG and Ernst & Young, she was a perfect fit. As she became more involved, she was invited to join IIA–Australia’s Board of Directors. It was her national work that introduced her to IIA Global committees, where she has served for many years.
Currently, as chair of The IIA’s Committee of Research and Education Advisors (CREA), her role involves identifying opportunities to support internal auditors around the world based on their professional needs. CREA is driven by the mission of the Internal Audit Foundation (IAF) and oversees the development of research and educational publications to advance the profession globally.
“The state of internal audit is very different in every region around the globe. Many countries have strong governance and regulations, and they need advanced IAF resources on topics such as artificial intelligence and emerging technologies. There are other regions, however, where internal audit is still in an emerging phase, so their needs are based on acquiring fundamental tools and techniques,” says Tania.
Tania is excited about the many important IAF projects in the production pipeline, such as a book on auditing corporate culture, key research on disruptive innovations, and an educational guide on data analysis. Another vital research project involves defining and measuring the value of internal audit, which she explains “will provide a framework on how we articulate the value of internal audit and assist CAEs in implementing successful approaches for measuring, monitoring, and communicating value to stakeholders.” The Foundation is currently accepting sponsors for this publication. Sponsors will be listed in the publication.
“The IAF relies on individual and corporate sponsorships to fund the development of publications and research opportunities. With a donation to the Internal Audit Foundation, you’re not only advancing your own career by ensuring there is continued access to knowledge on topics that can shape the IA function, but you’re also investing in innovative solutions to advance the profession around the world. I see my involvement and my donations as a smart and purposeful investment in the future of our profession.”
Alan Siegfried, CIA, CCSA, CFSA, CGAP, CRMA
Leadership Society Member
Alan Siegfried Is Committed to Educating Future Internal Auditors
Alan Siegfried is no stranger to giving his time to help advance the internal audit profession. In addition to a 40-year esteemed career that encompassed executive roles at Big Four CPA firms, Inter-American Development Bank, several financial services organizations, and numerous board and audit committees, including vice chair of the UNICEF Audit Committee, Alan joined The Institute of Internal Auditors early on to broaden his knowledge and networking circle. Over the years, he has served as Chairman of The IIA North American Board, a member of the Global Board and Board of Regents, and on several committees. He was also inducted into the American Hall of Distinguished Audit Practitioners in 2015.
As a keen advocate of teaching internal auditing at colleges and universities, he proposed the idea of establishing an internal audit track at the University of Maryland. The program came to fruition in 2006 and was one of the first university programs to pilot an internal audit textbook developed by the Internal Audit Foundation (IAF).
Alan currently serves on The IIA Academic Relations Committee to help promote internal audit initiatives in higher education such as the Internal Auditing Education Partnership (IAEP) program. The IAEP addresses a general need to prepare students who have a well-rounded understanding of internal auditing for a future career in the field. “We have a great profession — it’s important to create more opportunities for students to grasp the versatility that a job in internal auditing offers,” said Alan. “There is an impression that our profession is only about auditing financial statements. We need to show our broader scope and the key role we play in providing value to our organizations.”
Alan Siegfried with a visiting student delegation from China's Supreme Audit Organization.
The IAF Board of Trustees recently approved more than $111,000 in academic grants to 12 IAEP universities around the world. The grants, provided through the Academic Fund, will be instrumental in financially supporting areas such as teaching assistants, curriculum development, and program growth and promotion.
You, too, can support the future of internal auditing by giving to the Internal Audit Foundation. Learn more about our Academic Fund and how you can join us in our efforts.
Jared Soileau, CIA, CCSA, CRMA
Laura Soileau, CIA, CRMA
Leadership Society Members
A Transition from Students to Mentors
Internal audit power couple Jared and Laura Soileau first met in the Center for Internal Auditing at Louisiana State University as graduate assistants more than 15 years ago. That is also where their involvement with The Institute of Internal Auditors and the Internal Audit Foundation began.
As students, they both excelled and were recognized with prestigious awards from The IIA. Laura was the recipient of the William S. Smith Student Highest Achievement Award in 2001. Jared won the Esther R. Sawyer Research Award in 2003 and was also the recipient of a Michael J. Barrett Doctoral Dissertation Grant for his dissertation in 2010.
Fast forward to today, and we find Jared as an associate professor at LSU, teaching courses in accounting information systems and audit analytics. Laura is a director for the regional firm of Postlethwaite & Netterville, where she is one of the leaders in the internal audit practice area for consulting. She is currently a Director of The IIA North America and Global Board of Directors.
Their passion for the profession extends to strong involvement on various IIA Global committees and also to serving as contributors of publications and blogs. Why is it important to them to volunteer their time and expertise? Laura explains that it is rewarding to have a voice and play a role in shaping the profession.
Their philanthropic efforts are strongly tied to academic advancement. They believe in supporting the tools and resources that empower the next generation of practitioners. Advocacy is equally important to Jared and Laura. “Audit committees and executive leaders need to promote the profession and how internal auditing adds value to all aspects of an organization,” says Jared. “It’s important to repel the perception that internal auditing is only about financial reporting controls. It is so much more than that.”
They see the future of internal audit as one that will be shaped by changing technology. The roles and skills of internal auditors will change, but this is a profession that will always be driven by personal connections. “Relationship building and the ability to communicate will become even more important parts of the role,” says Laura.
Learn more about the Foundation’s investment in Academic Advancement programs and scholarships.
Angelina Chin, CIA, CCSA, CRMA
Retired Audit Director
Leadership Society Donor
Paying It Forward by Giving Back
Angelina Chin has a long history as an IIA volunteer. She began by serving on the Chicago Chapter’s Board of Governors. Since the 80s, she’s served on the Global Ethics, Audit, Professional Issues, and Educational Products Committees, the Board of Regents, and The IIA’s Board of Directors. She currently serves on the Committee of Research and Education Advisors that supports the Internal Audit Foundation (IAF). She has been a donor to the Foundation for as long as she has been volunteering. “Giving of my time and making a donation every year enables me to have an impact on advancing the profession — I can pay it forward by investing in research, thought leadership, insights, and practices that will increase stakeholder value.”
Chin stays involved because the IAF’s research and publications inspired her to deliver value in various audit and operations management and leadership roles she held at General Motors Company and the Federal Reserve Bank of Chicago. She used IAF products to help create training and leadership programs for the organization, develop timely responses to emerging risks, propel audit practices up the maturity curve, and respond to requests from the audit committee and senior management. “IAF resources are relevant not only to internal auditors, but also to management within and overseeing all lines of defense.”
Angelina has participated in drafting and reviewing many IIA practice advisories, practice guides, and IAF publications. She is a contributing author, one of the technical editors, and a member of the Advisory Committee for Sawyer’s Internal Auditing, 7th Edition, to be released in 2019.
There are many ways to get involved with the Internal Audit Foundation as a researcher, writer, or a financial supporter. Learn more.
N.G. Shankar, CIA
Internal Audit Consultant
IAF Book Sponsor and Leadership Society Donor
Grateful for the Profession and the Foundation
When N.G. Shankar had a discussion with his millennial son about the purpose of life, it led him to the subject of his substantial career and what it meant to him. “It has been such a fulfilling and satisfying journey,” he says. It also made him think about how he wanted to continue to support his profession after his retirement, and how he could give back to The IIA.
Throughout the years, Shankar has been a volunteer leader with The IIA, and before he retired last year, he served as group executive president for Aditya Birla Group in India. He wanted to commemorate this next step in his life and knew The IIA would be in his plans, since he credits the organization with playing a role in his success. “The IIA helped me gain knowledge and confidence throughout the years,” he explains.Shankar is now engaged in advocating for the profession and training internal auditors in risk management and other related fields.
Thanks to his donation, he made it possible for the IAF to publish the CIA Exam Practice Questions book. He says sponsoring this study guide was most appropriate for him because “earning my CIA opened so many doors and allowed me to advance in my career.”
Additional book sponsorships are available. If you have an interest in donating to the IAF, please email Foundation@theiia.org or call +1-407-937-1218.
J. Michael Peppers, CIA, QIAL, CRMA, CPA
Chief Audit Executive for The University of Texas System
Leadership Society Donor
Honoring the profession through a legacy gift
For former IIA Global Board Chairman, a legacy commitment is one part of his overall plan to support the profession and the Internal Audit Foundation. It can be as simple as making the Foundation a beneficiary of a life insurance policy or retirement account.
"When I was just starting out in my career, my contributions were smaller. Now, I am honored to be able to support the Foundation at the Leadership Society level. In fact, I've made the Foundation part of my estate plan."
Peppers has been a consistent donor to the Foundation for many years and sees it as a reliable partner. He believes it provides resources that expand one's professional skills and knowledge. Peppers feels he has benefitted greatly from not only the Foundation, but also from his membership in The IIA and the personal connections he's made along the way.
"Throughout my year as chairman, I shared with colleagues around the world that financial giving is a part of the 'service' element of my #PurposeServiceImpact theme. We work in an amazing profession, so giving back should come naturally. It is our duty to help sustain its continued success. Giving to the Foundation is a simple and effective way to do it."
To learn more about making a donation to the Internal Audit Foundation or establishing a Legacy Gift, please contact: Foundation@theiia.org or +1-407-937-1218.