THE INSTITUTE OF
INTERNAL AUDITORS
October Newsletter
CENTRAL ARKANSAS CHAPTER
What is Stopping You From Taking the Next Step?
By Melissa Leonard
Gleim Chapter Coordinator
There are many benefits of passing the CIA exam. Certification gives you a competitive advantage when searching for a new position or asking for a raise. You will show both your peers and
managers that you have the knowledge and skills as well as the commitment and motivation it
takes to prepare for and pass the CIA exam.
11/10/
10
So, what keeps you from taking the next step even though you know the benefits of being certi- Save the date! For the
fied? Are you too busy at work? Does your family occupy all your free time? Are you having
Next Chapter Meeting
trouble finding the money?
Maybe you have considered taking the exam, but you work too many hours a week to justify finding the time to
study. Once you are certified, you will have many more career opportunities. You have already shown your commitment to the company; now show your commitment to the profession.
Often, potential candidates are short on time because they are too busy with their children's extracurricular activities.
However, your children shouldn't be the reason you don't take the exam. Your kids should be THE reason you DO
take the exam. Set an example: While your kids are doing their homework, you can study for the exam. You will
show them you are never too old to continue learning. Once you pass the exam, you will be able to make more
money with better hours so you can devote more of your resources and time to your children.
It is also not uncommon to hear people say they can't afford to pay for the exam fees and/or review materials. However, the truth is that you can't afford to not prepare for and pass the CIA exam. Think about the exam as an investment in your future that you will be cashing in on for many years to come. Ask your employer to help you with the
expenses. Other options are to apply for scholarships through professional organizations or ask relatives for the
money as a gift for your next birthday or holiday. For the recent grad, it is a great graduation gift.
You can always find a reason to not take the exam, but remember the value in being certified. There is always a way
to find the time and money to accomplish your goal. Once you are a CIA, you will not only have professional advantages, but you will also feel personal satisfaction. The self-confidence gained from completing the exam and using
those three letters behind your name will be well worth the energy spent on making the time and finding the cash.
I would like to hear from you. How did you find time to prepare? What advantages of being certified have you experienced? Email Gleim at iiachapters@gleim.com with your questions.
Remember, as a Central Arkansas Chapter member, you will receive discount on Gleim material. Gleim has been
helping CIA candidates pass the CIA Exam since 1980.
Contact Melissa at 800.874.5346, ext. 131 or melissa.leonard@gleim.com to take advantage of your chapter discount or if you have any questions.
Inside this issue:
Upcoming Chapter Meeting 11/10/10
What is Stopping You from Taking the Next Step?
1
1
The CIA Exam — What Should You Expect
2
Job Openings
2
Riddle of the Month
3
THE INSTITUTE OF INTERNAL AUDITORS
Page 2
The CIA EXAM - What Should You Expect?
By Melissa Leonard
Gleim Chapter Coordinator
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In previous articles, I have discussed the importance of becoming a CIA and the benefits
that come with the designation. Additionally, I have provided study tips that will help chapter members prepare for and pass the exam. However, as I talk to CIA candidates who are
at the beginning stages of taking the CIA exam, they are often concerned with not knowing
what to expect on the exam.
You must have a thorough review to become familiar with the topics you will be expected to
know to pass the exam. Moreover, it is imperative that you practice answering multiplechoice questions in an exam environment. Another key skill that will put you in position to
succeed is knowing how to budget your time to answer all 100 multiple-choice questions
within the strict time limit of the exam.
To see how the CIA exam will look, to see what types of questions are on the exam and
how they are worded, and to get to know what to expect when you go to the Pearson Vue
testing center, try the first study unit of the CIA Gleim Online course. There is no charge to
try the first study unit of any or all four parts of the Gleim CIA Review Course.
After you complete the quizzes, you will be permitted to access a Review Session to study answer explanations for the
correct and incorrect answer choices. Dr. Gleim's philosophy is that you learn more from your mistakes when you properly address why you were incorrect, so this step is essential.
The goal is to get comfortable with what you might expect at the testing center and then take the next step toward passing
the CIA exam, whether it is applying to take the exam, registering for your first part, or picking up where you left off if you
have previously begun studying for the exam.
As you begin your preparations for the exam, remember: You need to have the best tools that put you in position for success.
Do you have questions or comments about CIA Exam? Email Gleim at iiachapters@gleim.com with your questions.
Remember, as a Central Arkansas Chapter member, you will receive discount on Gleim material. Gleim has been helping
CIA candidates pass the CIA Exam since 1980.
Contact Melissa at 800.874.5346, ext. 131 or melissa.leonard@gleim.com to take advantage of your chapter discount or
if you have any questions.
Job Openings
Internal Auditor - Delta Trust
Contact Carroll Penick cpenic@delta-trust.com to apply
Internal Auditor - Dillard’s
Contact Marilyn Weaver Marilyn.Weaver@dillards.com to apply
Dillard's has an immediate job opportunity for an Internal Auditor. Ideal candidate will have minimum 2 years experience
in audit, with the ability to work independently, exercise sound business judgment, and effectively communicate both
verbally and written. This position requires Bachelor‚s degree in Accounting. Knowledge of auditing and accounting
standards and practices is a plus, Certified Public Accountant is preferred. The company offers a competitive salary
package and full benefits.
CENTRAL ARKANSAS CHAPTER - IIA
P.O Box 854
Little Rock, AR 72203
Phone: 501-533-2277
Fax: 501-533-2469
2010-11 Officers
Institute of Internal Auditors Website
President ....... Jonathan Adams*
Have you visited the IIA Website lately?
Vice President …...Kyla Moran*
The Institute of Internal Auditors website offers the latest
news, discussion groups, e-learning, research reports and
a forum for connecting with other internal auditors.
Treasurer .......... Camesha Young*
Secretary .......... Broderick Bass*
Here are a few pages that may be of interest to you.
Committee Chairpersons
Professional Guidance
Membership ...... Tina Lephiew*
Certification
Website ............. Ryan Creswell*
Periodicals
Training
Newsletter ......... Monica Reap*
Research Foundation
Certification ..... Mary Etta Qualls*
Scholarship/Academic Relations…Ryan Almond*
Chapter Audit ... Ken Bland
Bookstore
Career Center
Membership
Board of Governors
Shannan Knudsen At-Large
Jerry Spratt ....... At-Large
Congratulations ANGELA COOK-Winner of the last
Riddle of the Month!
Each dog had 7 puppies.
No one was missing a leg.
How many legs were
there on the bus?
See if you can be the fastest to
return the correct answer.
Send the details at how
you arrived at your answer.
This Month’s Riddle:
Last Month’s Riddle:
7 men got on an empty
bus, paid the driver, and
sat down. Each man carried 7 bags, and in each
bag there were 7 dogs.
Roland, Marc and Pierette are
three children in the same family.
Pierette is three times Marc’s
age. In two years, she will be
twice the age Roland will be at
that time. Roland is a year older
than Marc. How old are the Children?
Answer: Marc = 4, Roland = 5,
Pierette = 12