August Newsletter

2

In This Issue

Page 3 President Elect’s Message - President Elect Glenn Prochnow shares Information about the chapter’s Professional Development activities Page 4 IA Blog—More Mike Jacka Blogs from the International Conference Page 5 New Members and Job Opportunities Page 6 Meetings and Professional Development Opportunities: LOCAL: September Member Appreciation Seminar: September 14: Increasing Auditor Effectiveness in Recognizing &

Detecting Fraud (8 Hours CPE ) Other Upcoming Chapter Meeting: October 21: October Chapter Meeting - Data Analytics with PwC November 18: November Chapter Meeting - Critical Thinking with Empower Audit NATIONAL: Conferences: September 14 - 15: IIA Financial Services Exchange September 29 - October 1: ITAC 2015 Conference and Expo October 19 - 21: 2015 All Star Conference Seminars: IIA: September 22 - 25, Houston Page 9 Officers and Governors Page 10 Parting Shots - Photos from the August Meeting

3

A Message From The President-Elect

Dear Members,

Football, (slightly) cooler weather, and increased traffic in schools zones, all sure signs of

fall! :) I hope you all had a fantastic summer and are having a good start to your fall. As we

ramp down from vacations and time in the pool, and ramp up tailgating and helping with

homework, I want to take a moment to introduce myself and provide information about the

chapter programs for which I am responsible. I am Glenn Prochnow, the President Elect of

the Chapter, and I have been a member of the Chapter since 2000, when I joined the USAA

Audit Services team. This is my second year as an officer, previously serving as 2nd Vice

President in 2014 - 2015.

My position is charged with oversight of the chapter's Professional Development activities. Following is list of the four sub-committees under the Professional Development umbrella, with a brief description of each:

Academic Relations - Maintains relationships with local colleges and universities. Although our primary relationships are with UTSA and Texas A&M - San Antonio, we would like to expand to include other institutions of higher learning, and also explore other opportunities to raise awareness of our profession, such as speaking at high school career days.

Certification - Recognition of certifications received. This sub-committee is responsible for coordinating the timing and awards associated with recognition.

Meeting Arrangements - Obtaining speakers for our monthly luncheon meetings, including coordination with the luncheon venues. We typically try to plan 6 months in advance in order to bring quality speakers to the chapter in a venue that provides adequate space and good food at a reasonable price.

Technology - Managing the chapter's audio visual equipment for monthly luncheon meetings, seminars, and conferences. This is typically performed by individuals in one organization with a group of members large enough to be able to provide backup for each other. Currently this service is performed by CST Brands.

As you can see, there are several ways to be involved in our chapter's Professional Development committee at a level of commitment that matches your availability. If there is a particular area that interests you, or if you have any questions, please contact me ( Glenn Prochnow ) and I will help you determine the right fit for your needs and talents. Have a wonderful September!

Best,

Glenn

Back to Contents Page

4

IA Blog - More Mike Jacka Blogs From the International Conference

What is the Next Thing that Will Kill You - Vancouver Part 4 (Astronaut Chris Hadfield was a keynote speaker at the IIA International Conference in Vancouver. In the following excerpt, Mike Jacka blogs about what he learned from Commander Hadfield about risk and preparedness. Mike is an auditing con-sultant and frequent contributor to IA Online. )

…At this year's IIA International Conference in Vancouver, the entire shindig kicked off with a general session featuring Commander Chris Hadfield. The Commander is from Canada and has proudly represented his country in outer space. In fact, it is his image that is on the Canadian five-dollar bill. However, you probably know him for the video that went viral — his cover version of David Bowie's Space Oddity, sung in space. His presentation included some very engrossing de-scriptions of space travel. (His story about the welcome on Russian soil after a "soft" landing was particularly entertaining.) And just hearing him share his stories was reason enough to be there. However, he did also have a message that worked with the internal audit crowd.

The first I wrote down was the comment, "The trouble with competence is that it is always stale." Astronauts must keep up on the latest. And for auditors to remain relevant they must not only keep up with what is new in the profession, but also in the business world. But that quote isn't why we're here. He also said, "Social media allows us to share the unique experience of being human." This is a very different (and unjaded) view of social media. And it is worth remembering as we all experiment with how social media should be used. But, again, not the point I want to make.

He said a number of very good and very important things. But I want to focus on his comments about visualizing the next failure — in particular, "What is going to kill me next?" Now, very few of us face the kind of risks/failures faced by astronauts. But, it is good to remember that the real point of risk assessment is exactly that — to figure out what is the next thing that can happen to the organization, what might kill the organization, and what should each individual do if it occurs. Because the other thing Commander Hadfield talked about was the process used regarding all these failures: Identify the potential event, determine what should be done, and then practice doing those tasks/reactions over and over and over.

Makes sense. The last thing you want to have happen during takeoff is for you or one of your space buddies to suddenly start winging it. And so they plan for every possible contingency. And then they practice, practice, practice. But how often, within the organization, do we just assume everyone will know what to do when "something bad" happens.…

To read the rest of this entertaining and informative article, visit theiia.org

5

UTHSCSA - IT Audit Manager The IT Audit Manager reports to the Chief Audit Executive and is a key contributor in the Inter-

nal Audit and Consulting Services Department at the UT Health Science Center San Antonio. The IT Audit Manager performs and supervises information technology audits to assess IT risks and controls, including audits of general controls, application reviews, cybersecurity and emerging risk areas.

For more information, visit the Careers page on our website: https://chapters.theiia.org/san-antonio/Careers/Pages/default.aspx

Back to Contents Page

David Flores, Forbes Energy Services Ann Miller, USAA Lizette Sanchez, Arguindegui Management Co., LLC

Welcome New Chapter Members!

Job Marketplace

CAP Points Through July 31 we are at 174 CAP points out of 1,560 needed for our year ending May 31, 2016. Remember that speaking engagements related to internal audit, Junior Achievement, publishing an auditing article, or any other advocacy effort will qualify for CAP points Please let our secretary, Cecilia Velasquez, know about your advocacy activity, and the chapter will benefit from your efforts. Thanks for your continued support!

6

MONTHLY MEETINGS AND MORE!

Other Upcoming San Antonio IIA Chapter Events:

October Chapter Meeting (Wednesday, October 21, 2015) - Audit Analytics (PwC)

November Chapter Meeting (Wednesday, November 18, 2015)

- Critical Thinking Skills (Empower Audit)

Back to Contents Page

San Antonio IIA

Member Appreciation Seminar 9/14!!

Increasing Auditor Effectiveness in Recognizing & Detecting Fraud

Speaker: Courtenay Thompson

Internal auditors and public accountants are under fire. Some doubt their ability or willingness to detect fraud. There seems to be an increasing expectation that internal auditors detect fraud in routine audits. Yet most auditors get very little fraud training. Standards for auditors, including those issued by the IIA, AICPA, and government, call for auditors to be knowledgeable about fraud exposures and symptoms of fraud in areas audited. This one-day course provides specific approaches and steps to help auditors in recognizing and detecting fraud. It is a "how to" course which presents suggestions for detection and for creating an environment that promotes discovery of fraud.

8 hours of CPE for $50 (Members/Students)

$75 for Non-Members

Click Here for More Information and to Register!

Registration closes Friday, September 4th, 2015

7

Other Opportunities for Professional Growth

Back to Contents Page

Join peers from leading financial service companies at the 2015 Financial Services Exchange and experience a new kind of conference. For additional information and to register, click here.

The Best of the Best Now in its 11th year, the All Star Conference features The IIA’s highest rated presenters from the past year of conferences as ranked by attendees, All Star provides cutting-edge insights on issues impacting the internal audit environment and beyond. For additional information and to register, click here.

ITAC 2015 Conference and Expo (MIS|TI and IIA) Managing IT Risk in an Information on Demand World For additional information and to register, click here.

8

HOUSTON SEPTEMBER 22 –25 AT THE MICRO-TEK TRAINING FACILITY

COSO Based Internal Auditing Essential Skills for Internal Auditors

Financial Auditing for Internal Auditors Fundamentals of IT Auditing

Risk Based Auditing: A Value Add Proposition Auditor-in-charge Tools and Techniques

Beginning Auditor Tools and Techniques Communication Skills for Auditing

Analyzing and Improving Business Processes Assessing Risk: Ensuring Internal Audit Value

Enterprise Risk Management: An Introduction

Other Opportunities for Professional Growth

Back to Contents Page

9

2 0 1 5 / 2 0 1 6 C H A P T E R O F F I C E R S President

Remi Nel

Rackspace

President-Elect

Glenn Prochnow

USAA

Vice President,

Conferences & Seminars

Blake Herndon

Aventine Hill Partners Inc.

Secretary

Cecilia Velasquez

SAWS

Treasurer

Cristina Baumgardner BKD, LLP

G O V E R N O R S *

Adam Arevalos

CST Brands

Tim Hieger

HEB

Lori Sullivan

Alamo Group

Kevin Barthold

City of San Antonio

Camille Marbury

CPS Energy

Karen Vazquez

Tesoro

Steve Boehme

USAA

Dawn Oppermann

City of San Antonio

Larry Wallis

VIA Metropolitan Transit

Melissa Cox

AT&T

Wendy Rybicki

Frost Bank

Dr. Sandra Welch

UTSA

Dr. Dennis Elam

Texas A&M University –

San Antonio

Heather Sarra

NuStar Energy

*Officers are also on the

Board of Governors

HERE TO SERVE YOU - CURRENT YEAR OFFICERS AND GOVERNORS

Back to Contents Page

10

Back to Contents Page

PARTING SHOTS August Meeting

Blake Hastings Federal Reserve Bank - San Antonio Branch

U.S. and Regional Economic Outlook

Presenting Camille Marbury with her Chapter Service Award