Barbara Davison

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Barbara Davison CIA, CIDA, CISA, FLMI

CEO, President and Audit Principal

Barbara Davison is founder and currently CEO, Audit Principal and Board Chair of the Investment Training and Consulting Institute, Inc. (ITCI), located in Topeka, Kansas. Established in 1997, ITCI provides training and audit consulting in the areas of Investments, Derivatives, and Risk Management to Board of Directors, Management, Operations and Auditors.

ITCI is dedicated to training and assisting auditors in conducting their investments and derivatives audits through a very popular and successful co-sourcing arrangement with internal audit. For twenty-five plus years, ITCI has been globally recognized as the company that has developed the niche expertise in this highly complicated area and has consulted and/or trained more than 1,000 companies in various industries. In 2001, ITCI began sponsoring the highly specialized certification program, the “Certified Investments and Derivatives Auditor” (CIDA), for investment auditors. CIDA Certifications have been awarded to auditors representing 33 different countries.

Barbara is a distinguished faculty leader for the International Institute of Internal Auditors, where she has served for more than 28 years. She is a Certified Internal Auditor, Certified Information System Auditor, Certified Investments and Derivatives Auditor, a Fellow of the Life Management Organization and the author of five books on investment and derivative auditing: Auditing Investment Activities, Auditing Derivatives Strategies, Auditing Merger and Acquisitions Strategies, Understanding and Auditing Investments and Derivatives, and The CIDA Study Guide, First and Second Edition. Previously, Barb obtained her Series 7 and Series 65 from the National Association of Security Dealers (NASD).

Prior to forming ITCI, Barbara was Assistant Vice President for a mid-west Financial Organization where she directed investment operations for the general account and mutual funds. Her responsibilities also included portfolio management of two mutual funds, which were part of a $7 billion portfolio. Prior to her seven years in investments, Barbara was Assistant Vice President and Manager of Internal Audit for six years, where she was responsible for the management of corporate audit activities, computer security, information systems audits and assisted in new business strategies.

In August of 1986, Barbara received her BBA in Accounting from Washburn University in Topeka, Kansas. The Washburn Alumni Association and University Deans selected Barbara as the 2008 School of Business Alumni Fellow. This annual award was established in 1992 to recognize distinguished Alumni who have achieved notable success in their chosen career fields.