The Impact of Information Technology on the Audit Process
|
|
|
- Wilfrid Dickerson
- 9 years ago
- Views:
Transcription
1 The Impact of Information Technology on the Audit Process Chapter Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 12-1
2 Learning Objective 1 Describe how IT improves internal control Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 12-2
3 How Information Technologies Enhance Internal Control Computer controls replace manual controls Higher-quality information is available 2008 Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 12-3
4 Learning Objective 2 Identify risks that arise from using an IT-based accounting system Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 12-4
5 Assessing Risks of Information Technologies Risks to hardware and data Reduced audit trail Need for IT experience and separation of IT duties 2008 Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 12-5
6 Risks to Hardware and Data Reliance on the functioning capabilities of hardware and software Systematic versus random errors Unauthorized access Loss of data 2008 Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 12-6
7 Reduced Audit Trail Visibility of audit trail Reduced human involvement Lack of traditional authorization 2008 Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 12-7
8 Need for IT Experience and Separation of Duties Reduced separation of duties Need for IT experience 2008 Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 12-8
9 Learning Objective 3 Explain how general controls and application controls reduce IT risks Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 12-9
10 Internal Controls Specific to Information Technology General controls Application controls 2008 Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 12-10
11 Relationship Between General and Application Controls Risk of unauthorized change to application software Risk of system crash Cash receipts application controls Sales application controls Payroll application controls Risk of unauthorized master file update Other cycle application controls GENERAL CONTROLS Risk of unauthorized processing 2008 Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 12-11
12 General Controls Administration of the IT function Separation of IT duties Systems development Physical and online security Backup and contingency planning Hardware controls 2008 Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 12-12
13 Administration of the IT Function The perceived importance of IT within an organization is often dictated by the attitude of the board of directors and senior management Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 12-13
14 Segregation of IT Duties Chief Information Officer or IT Manager Security Administrator Systems Development Operations Data Control 2008 Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 12-14
15 Systems Development Typical test strategies Pilot testing Parallel testing 2008 Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 12-15
16 Physical and Online Security Physical Controls: Keypad entrances Badge-entry systems Security cameras Security personnel Online Controls: User ID control Password control Separate add-on security software 2008 Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 12-16
17 Backup and Contingency Planning One key to a backup and contingency plan is to make sure that all critical copies of software and data files are backed up and stored off the premises Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 12-17
18 Hardware Controls These controls are built into computer equipment by the manufacturer to detect and report equipment failures Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 12-18
19 Application Controls Input controls Processing controls Output controls 2008 Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 12-19
20 Input Controls These controls are designed by an organization to ensure that the information being processed is authorized, accurate, and complete Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 12-20
21 Batch Input Controls Financial total Hash total Record count 2008 Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 12-21
22 Processing Controls Validation test Sequence test Arithmetic accuracy test Data reasonableness test Completeness test 2008 Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 12-22
23 Output Controls These controls focus on detecting errors after processing is completed rather than on preventing errors Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 12-23
24 Learning Objective 4 Describe how general controls affect the auditor s testing of application controls Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 12-24
25 Impact of Information Technology on the Audit Process Effects of general controls on control risk Effects of IT controls on control risk and substantive tests Auditing in less complex IT environments Auditing in more complex IT environments 2008 Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 12-25
26 Learning Objective 5 Use test data, parallel simulation, and embedded audit module approaches when auditing through the computer Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 12-26
27 Test Data Approach 1. Test data should include all relevant conditions that the auditor wants tested. 2. Application programs tested by the auditors test data must be the same as those the client used throughout the year. 3. Test data must be eliminated from the client s records Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 12-27
28 Test Data Approach Input test transactions to test key control procedures Master files Application programs (assume batch system) Transaction files (contaminated?) Contaminated master files Control test results 2008 Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 12-28
29 Test Data Approach Control test results Auditor makes comparisons Auditor-predicted results of key control procedures based on an understanding of internal control Differences between actual outcome and predicted result 2008 Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 12-29
30 Parallel Simulation The auditor uses auditor-controlled software to perform parallel operations to the client s software by using the same data files Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 12-30
31 Parallel Simulation Production transactions Master file Auditor-prepared program Client application system programs Auditor results Client results Auditor makes comparisons between client s application system output and the auditor-prepared program output Exception report noting differences 2008 Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 12-31
32 Embedded Audit Module Approach Auditor inserts an audit module in the client s application system to identify specific types of transactions Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 12-32
33 Learning Objective 6 Identify issues for e-commerce systems and other specialized IT environments Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 12-33
34 Issues for Different IT Environments Issues for network environments Issues for database management systems Issues for e-commerce systems Issues when clients outsource IT 2008 Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 12-34
35 End of Chapter Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 12-35
Learning Objective 1. The Impact of Information Technology on the Audit Process. Describe how IT improves internal control.
Learning Objective 1 The Impact of Information Technology on the Audit Process Describe how IT improves internal control. Chapter 12 12-1 12-2 How Information Technologies Enhance Internal Control Learning
Materiality and Risk. Chapter 9. 2008 Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 9-1
Materiality and Risk Chapter 9 2008 Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 9-1 Learning Objective 1 Apply the concept of materiality to the audit. 2008 Prentice Hall Business
PART 10 COMPUTER SYSTEMS
PART 10 COMPUTER SYSTEMS 10-1 PART 10 COMPUTER SYSTEMS The following is a general outline of steps to follow when contemplating the purchase of data processing hardware and/or software. The State Board
Control Matters. Computer Auditing. (Relevant to ATE Paper 8 Auditing) David Chow, FCCA, FCPA, CPA (Practising)
Computer Auditing Control Matters (Relevant to ATE Paper 8 Auditing) David Chow, FCCA, FCPA, CPA (Practising) The introduction of a computerized or electronic data processing (EDP) accounting system has
CHAPTER 11 COMPUTER SYSTEMS INFORMATION TECHNOLOGY SERVICES CONTROLS
11-1 CHAPTER 11 COMPUTER SYSTEMS INFORMATION TECHNOLOGY SERVICES CONTROLS INTRODUCTION The State Board of Accounts, in accordance with State statutes and the Statements on Auditing Standards Numbers 78
INTERNATIONAL STANDARD ON AUDITING 401 AUDITING IN A COMPUTER INFORMATION SYSTEMS ENVIRONMENT CONTENTS
INTERNATIONAL STANDARD ON AUDITING 401 AUDITING IN A COMPUTER INFORMATION SYSTEMS ENVIRONMENT (This Standard is effective, but will be withdrawn when ISA 315 and 330 become effective) * CONTENTS Paragraph
Audit of the Payroll and Personnel Cycle
Audit of the Payroll and Personnel Cycle Chapter 18 2008 Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 18-1 Learning Objective 1 Identify the accounts and transactions in the payroll
SESSION 8 COMPUTER ASSISTED AUDIT TECHNIQUE
SESSION 8 COMPUTER ASSISTED AUDIT TECHNIQUE Learning objective: explain the use of computer assisted audit techniques in the context of an audit discuss and provide relevant examples of the use of test
Audit Sampling for Tests of Controls and Substantive Tests of Transactions
Audit Sampling for Tests of Controls and Substantive Tests of Transactions Chapter 15 2008 Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 15-1 Learning Objective 1 Explain the concept
1/21/2014. Agenda. Audit Testing. The Basics of Internal Auditing January 23-24, 2014
The Basics of Internal Auditing January 23-24, 2014 Kim Mills Director of Auditing Agenda To identify the different types of audit tests and discuss the purpose for each type. IIA Standard 2320 Internal
Audit of the Sales and Collection Cycle: Tests of Controls and Substantive Tests of Transactions
Audit of the Sales and Collection Cycle: Tests of Controls and Substantive Tests of Transactions Chapter 14 2008 Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 14-1 Learning Objective
Audit of the Inventory and Warehousing Cycle
Audit of the Inventory and Warehousing Cycle Chapter 21 2008 Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 21-1 Learning Objective 1 Describe the business functions and the related
Module 7: Computer auditing
Module 7: Computer auditing Module 7: Computer auditing Overview In this module, you learn about the effects that computer processing has on both the control environment and the audit of financial systems.
SECTION 15 INFORMATION TECHNOLOGY
SECTION 15 INFORMATION TECHNOLOGY 15.1 Purpose 15.2 Authorization 15.3 Internal Controls 15.4 Computer Resources 15.5 Network/Systems Access 15.6 Disaster Recovery Plan (DRP) 15.1 PURPOSE The Navajo County
INFORMATION TECHNOLOGY CONTROLS
CHAPTER 14 INFORMATION TECHNOLOGY CONTROLS SCOPE This chapter addresses requirements common to all financial accounting systems and is not limited to the statewide financial accounting system, ENCOMPASS,
Audit of Cash Balances
Audit of Cash Balances Chapter 23 2008 Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 23-1 Learning Objective 1 Show the relationship of cash in the bank to the various transaction
Audit Evidence. Chapter 7. 2008 Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 7-1
Audit Evidence Chapter 7 2008 Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 7-1 Learning Objective 1 Contrast audit evidence with evidence used by other professions. 2008 Prentice
Main Reference : Hall, James A. 2011. Information Technology Auditing and Assurance, 3 rd Edition, Florida, USA : Auerbach Publications
Main Reference : Hall, James A. 2011. Information Technology Auditing and Assurance, 3 rd Edition, Florida, USA : Auerbach Publications Suggested Reference : Senft, Sandra; Gallegos, Frederick., 2009.
auditing in a computer-based
auditing in a computer-based RELEVANT TO cat paper 8 and ACCA QUALIFICATION PAPERs f8 The accounting systems of many companies, large and small, are computer-based; questions in all ACCA audit papers reflect
A424: Chapter 15 Audit Sampling for Tests of Controls and Substantive Tests of Transactions
Preparation questions: A424: Chapter 15 Audit Sampling for Tests of Controls and Substantive Tests of Transactions 1. A sample is a sample in which the characteristics in the sample are approximately the
Audit Phases. Phase 1: Planning and Risk Identification
Audit Phases Phase 1: Planning and Risk Identification Remember the Audit Risk Model of the client, Susceptibility to fraud Control risk Errors likely to occur In client s financial statements Detection
Accounts Payable Outsourcing Audit April 2014
Accounts Payable Outsourcing Audit April 2014 Craig Terrell, Interim City Auditor Lee Hagelstein, Internal Auditor Accounts Payable Outsourcing Audit Table of Contents Page Executive Summary...1 Audit
Solutions to Student Self Assessment Questions
Solutions to Student Self Assessment Questions Chapter 9 Testing and evaluation of systems Questions Two questions are placed within the text: (9.1) Case study 9.1 Broomfield plc: sales and trade receivables
IT Enabled System : Opportunities & Challenges for Assurance Professionals
IT Enabled System : Opportunities & Challenges for Assurance Professionals Acknowledgements: - ISACA - ITGI - Wikipedia - The Economist - ICMAB - SCB March 31, 2011; ICAB (Chartered Accountant Bhaban)
Information Technology Auditing for Non-IT Specialist
Information Technology Auditing for Non-IT Specialist IIA Pittsburgh Chapter October 4, 2010 Agenda Introductions What are General Computer Controls? Auditing IT processes controls Understanding and evaluating
Audit Report. Effectiveness of IT Controls at the Global Fund Follow-up report. GF-OIG-15-20b 26 November 2015 Geneva, Switzerland
Audit Report Effectiveness of IT Controls at the Global Fund Follow-up report GF-OIG-15-20b Geneva, Switzerland Table of Contents I. Background and scope... 3 II. Executive Summary... 4 III. Status of
INFORMATION SYSTEM AUDITING AND ASSURANCE
CHAPTER INFORMATION SYSTEM AUDITING AND ASSURANCE As more and more accounting and business systems were automated, it became more and more evident that the field of auditing had to change. As the systems
How to set up a people based. accounting system that makes your. small business work for you. Thomas G. Post. Certified Public Accountant 281-351-2688
How to set up a people based accounting system that makes your small business work for you. By Thomas G. Post Certified Public Accountant 281-351-2688 www.texastaxman.com 1 Title How to set up a people
Accounting 408 Test 3a Section Row
Accounting 408 Test 3a Name Section Row I. Multiple Choice. (2.5 points each) Read the following questions carefully and indicate your one best answer to the questions by placing an X over the appropriate
Application controls testing in an integrated audit
Application controls testing in Application controls testing in an integrated audit Learning objectives Describe types of controls Describe application controls and classifications Discuss the nature,
IT - General Controls Questionnaire
IT - General Controls Questionnaire Internal Control Questionnaire Question Yes No N/A Remarks G1. ACCESS CONTROLS Access controls are comprised of those policies and procedures that are designed to allow
International Banking. Security in MultiCash
International Banking Security in MultiCash Overview of relevant features Version 1.02 / Dez. 2006 Omikron Systemhaus GmbH & Co. KG Von-Hünefeld-Str. 55 D-50829 Köln Tel.: +49 (0)221-59 56 99-0 Fax: +49
CONTROLLING COMPUTER-BASED INFORMATION SYSTEMS, PART I
CHAPTER CONTROLLING COMPUTER-BASED INFORMATION SYSTEMS, PART I The basic topic of internal control was introduced in 3. These next two chapters discuss the implications of automating the accounting information
AUDITING IN COMPUTER ENVIRONMENT. What is audit in a computer environme nt?
AUDITING IN COMPUTER ENVIRONMENT What is audit in a computer environme nt? Wherever computer based accounting system, large or small are operated by an enterprise, or by a third party on behalf of the
IT General Controls Domain COBIT Domain Control Objective Control Activity Test Plan Test of Controls Results
Acquire or develop application systems software Controls provide reasonable assurance that application and system software is acquired or developed that effectively supports financial reporting requirements.
Guideline on risk management and other aspects of internal control in stock exchange
until further notice 1 (11) Applicable to stock exchanges Guideline on risk management and other aspects of internal control in stock exchange By virtue of section 4, paragraph 2, of the Act on the Financial
Internal Controls. A short presentation from Your Internal Audit Department
Internal Controls A short presentation from Your Internal Audit Department The Old Internal Audit Department The New Internal Audit Department We re here to help! Teach + Train = Change Our goal: Promote
SRI LANKA AUDITING PRACTICE STATEMENT 1013 ELECTRONIC COMMERCE EFFECT ON THE AUDIT OF FINANCIAL STATEMENTS
SRI LANKA AUDITING PRACTICE STATEMENT 1013 ELECTRONIC COMMERCE EFFECT ON THE AUDIT OF FINANCIAL STATEMENTS (This Statement is effective for all the audits commencing on or after 01 April 2010) CONTENTS
INTERNATIONAL AUDITING PRACTICE STATEMENT 1013 ELECTRONIC COMMERCE EFFECT ON THE AUDIT OF FINANCIAL STATEMENTS
INTERNATIONAL PRACTICE STATEMENT 1013 ELECTRONIC COMMERCE EFFECT ON THE AUDIT OF FINANCIAL STATEMENTS (This Statement is effective) CONTENTS Paragraph Introduction... 1 5 Skills and Knowledge... 6 7 Knowledge
5:31-7 Appendix B LOCAL AUTHORITIES - ACCOUNTING AND AUDITING IF ANY ARE NOT APPLICABLE, INSERT N/A AS YOUR ANSWER. FIRE DISTRICT YEAR UNDER AUDIT
5:31-7 Appendix B LOCAL AUTHORITIES - ACCOUNTING AND AUDITING AUDIT QUESTIONNAIRE FOR FIRE DISTRICT AUDITS EACH QUESTION MUST BE ANSWERED. PLEASE CIRCLE YES OR NO. IF ANY ARE NOT APPLICABLE, INSERT N/A
AV Parking System Review
Exhibit 1 AV Parking System Review May 6, 2011 Report No. 11-01 Office of the County Auditor Evan A. Lukic, CPA County Auditor Table of Contents Contents EXECUTIVE SUMMARY... 3 OBJECTIVES, SCOPE AND PROCEDURES...
SOLUTION: AUDIT AND INTERNAL REVIEW, MAY 2014
SOLUTION 1(a) (a) The Auditing guideline points out that the amount or quantity of audit evidence required for the auditor to achieve the level of assurance is a matter of professional judgment. The factors
PRACTICE NOTE 1013 ELECTRONIC COMMERCE - EFFECT ON THE AUDIT OF FINANCIAL STATEMENTS
PRACTICE NOTE 1013 ELECTRONIC COMMERCE - EFFECT ON THE AUDIT OF FINANCIAL STATEMENTS (Issued December 2003; revised September 2004 (name change)) PN 1013 (September 04) PN 1013 (December 03) Contents Paragraphs
Interim Audit Report. Borough of Broxbourne Audit 2010/11
Interim Audit Report Borough of Broxbourne Audit 2010/11 The Audit Commission is an independent watchdog, driving economy, efficiency and effectiveness in local public services to deliver better outcomes
Basic Concepts of Accounting Subsidiary Subsidiary Special Special Inform Infor a m tion Ledgers Ledger Journals Jour Systems
COMPUTERIZED ACCOUNTING SYSTEMS Basic Concepts of Accounting Information Systems Subsidiary Ledgers Special Journals Computerized accounting systems Manual accounting systems Example Advantages Sales journal
Cash Receipts Internal Controls
3 3 Start If gift is stock If gift is credit card If gift is cash/check Mail opened, checks stamped FDO Community Foundation, totals logged & verified 1 Administrative Assistant & mail verifier Cash Receipts
Electronic Audit Evidence (EAE) and Application Controls. Tulsa ISACA Chapter December 11, 2014
Electronic Audit Evidence (EAE) and Application Controls Tulsa ISACA Chapter December 11, 2014 Agenda Recent IT-related PCAOB inspection themes: Internal control over financial reporting Multi-location
The Information Systems Audit
November 25, 2009 e q 1 Institute of of Pakistan ICAP Auditorium, Karachi Sajid H. Khan Executive Director Technology and Security Risk Services e q 2 IS Environment Back Office Batch Apps MIS Online Integrated
FINANCIAL ADMINISTRATION MANUAL
Issue Date: September 2009 Effective Date: Immediate Chapter: Accounting for Expenditures Responsible Agency: Office of the Comptroller General Directive No: 706-3 Directive Title: ACCOUNTING CONTROLS
Continuous auditing: the audit of the future
Zabihollah Rezaee Professor of Accounting, Middle Tennessee State University, Murfreesboro, Tennessee, USA Rick Elam Reynolds Professor of Accountancy, University of Mississippi, Oxford, Mississippi, USA
Formal Software Testing. Terri Grenda, CSTE IV&V Testing Solutions, LLC www.ivvts.com
Formal Software Testing Terri Grenda, CSTE IV&V Testing Solutions, LLC www.ivvts.com Scope of Testing Find defects early Remove defects prior to production Identify Risks Unbiased opinion When Should Testing
ACCOUNTING INFORMATION SYSTEMS
ACCOUNTING INFORMATION SYSTEMS Controls and Processes SECOND EDITION LESLIE TURIHIER WILEY MODULE 1 Introduction to AIS INTRODUCTION Defines business processes, AIS, and all foundational concepts.
Guideline on risk management and other aspects of internal control in central securities depository
until further notice 1 (11) Applicable to central securities depositories Guideline on risk management and other aspects of internal control in central securities depository By virtue of section 4, paragraph
KANSAS CITY, MISSOURI RESPONSES TO THE FISCAL YEAR 2013 AUDIT MANAGEMENT LETTER
KANSAS CITY, MISSOURI RESPONSES TO THE FISCAL YEAR 2013 AUDIT MANAGEMENT LETTER Material Weaknesses (0) No material weaknesses were reported for FY 2013. Significant Deficiencies (1) Grant Receivable Accounting
DeltaV Capabilities for Electronic Records Management
January 2013 Page 1 DeltaV Capabilities for Electronic Records Management This paper describes DeltaV s integrated solution for meeting FDA 21CFR Part 11 requirements in process automation applications
DETAIL AUDIT PROGRAM Information Systems General Controls Review
Contributed 4/23/99 by Steve_Parker/TBE/[email protected] DETAIL AUDIT PROGRAM Information Systems General Controls Review 1.0 Introduction The objectives of this audit are to review policies, procedures,
Internal Control Guide & Resources
Internal Control Guide & Resources Section 5- Internal Control Activities & Best Practices Managers must establish internal control activities that support the five internal control components discussed
While Microsoft Access database is not an enterprise
Copyright 2006 ISACA. All rights reserved. www.isaca.org. Important, But Often Dismissed: Internal Control in a Microsoft Access Database By John H. White, Ph.D., CISA, CPA While Microsoft Access database
Continuous Auditing in Big Data Computing Environments: Towards an Integrated Audit Approach by Using CAATTs
Continuous Auditing in Big Data Computing Environments: Towards an Integrated Audit Approach by Using CAATTs Andreas Kiesow, Novica Zarvić, Oliver Thomas Stuttgart, 23.09.2014 Management komplexer IT-Systeme
FutureNet Technologies Corporation has become a vital player in the Medical
FutureNet Technologies Corporation has become a vital player in the Medical Transcription Service Industry. Since 1996, when FutureNet was established to provide customized interfaces for dictation and
FORM 20A.9 SAMPLE AUDIT PROGRAM FOR TESTING IT CONTROLS. Date(s) Completed. Workpaper Reference
FORM 20A.9 SAMPLE AUDIT PROGRAM FOR TESTING IT CONTROLS Workpaper Reference Date(s) Completed Organization and Staffing procedures used to define the organization of the IT Department. 2. Review the organization
APLUS R-SERIES SOFTWARE PRODUCT INFORMATION
APLUS R-SERIES SOFTWARE PRODUCT INFORMATION http://aplus.com.my Email: [email protected] 1 APLUS SOFTWARE FOR R-SERIES Module WAE-R Aplus Accounting software is designed and developed by International
Information Security Policies. Version 6.1
Information Security Policies Version 6.1 Information Security Policies Contents: 1. Information Security page 3 2. Business Continuity page 5 3. Compliance page 6 4. Outsourcing and Third Party Access
Silent Safety: Best Practices for Protecting the Affluent
Security Checklists Security Checklists 1. Operational Security Checklist 2. Physical Security Checklist 3. Systems Security Checklist 4. Travel Protocol Checklist 5. Financial Controls Checklist In a
SCAD V: Parts 2 and 3 - Assessing Control Risk
SCAD V: Parts 2 and 3 - Assessing Control Risk I. Part 3: Understand Client s Internal Control System (IC pages 1 and 2) A. Gather Information 1. Flowcharts 2. Documents/walkthrough 3. Identify controls
Operational Risk Publication Date: May 2015. 1. Operational Risk... 3
OPERATIONAL RISK Contents 1. Operational Risk... 3 1.1 Legislation... 3 1.2 Guidance... 3 1.3 Risk management process... 4 1.4 Risk register... 7 1.5 EBA Guidelines on the Security of Internet Payments...
ACCOUNTING AND FINANCIAL REPORTING REGULATION MANUAL
ACCOUNTING AND FINANCIAL REPORTING REGULATION MANUAL STATE BOARD OF ACCOUNTS 302 West Washington Street Room E418 Indianapolis, Indiana 46204-2769 Issued January 2011 Revised April 2012 TABLE OF CONTENTS
General Computer Controls
1 General Computer Controls Governmental Unit: University of Mississippi Financial Statement Date: June 30, 2007 Prepared by: Robin Miller and Kathy Gates Date: 6/29/2007 Description of computer systems
SAMPLE INVITATION TO TENDER ADVERTISEMENT (CONTRACT)
SAMPLE INVITATION TO TENDER ADVERTISEMENT (CONTRACT) Invitation to Tender [Insert brief description of project/consultancy E.g. provision of legal services for X native title claim ]. [Name of Representative
Certified Information Systems Auditor (CISA)
Certified Information Systems Auditor (CISA) Course Introduction Course Introduction Module 01 - The Process of Auditing Information Systems Lesson 1: Management of the Audit Function Organization of the
Module 2 IS Assurance Services
Module 2 IS Assurance Services Chapter 2: IS Audit In Phases Phase 2: Part: 2 of 3 CA A.Rafeq 1 Chapter 2: Agenda Chapter 2: IS Audit in Phases Phase1: Plan Phase 2: Execute Phase 3: Report 2 Phase 2:
STATEMENT OF JOHN E. MCCOY II DEPUTY ASSISTANT INSPECTOR GENERAL FOR AUDITS U.S. DEPARTMENT OF HOMELAND SECURITY BEFORE THE
STATEMENT OF JOHN E. MCCOY II DEPUTY ASSISTANT INSPECTOR GENERAL FOR AUDITS U.S. DEPARTMENT OF HOMELAND SECURITY BEFORE THE COMMITTEE ON OVERSIGHT AND GOVERNMENT REFORM SUBCOMMITTEE ON GOVERNMENT ORGANIZATION,
Information Technology General Controls Review (ITGC) Audit Program Prepared by:
Information Technology General Controls Review (ITGC) Audit Program Date Prepared: 2012 Internal Audit Work Plan Objective: IT General Controls (ITGC) address the overall operation and activities of the
Knowledge Management Series. Internal Audit in ERP Environment
Knowledge Management Series Internal Audit in ERP Environment G BALU ASSOCIATES Knowledge Management Series ISSUE-5 ; VOL 1 Internal Audit in ERP Environment APRIL/2012 Editorial Greetings..!!! Raja Gopalan.B
ISO 9001:2015 Internal Audit Checklist
Page 1 of 14 Client: Date: Client ID: Auditor Audit Report Key - SAT: Satisfactory; OBS: Observation; NC: Nonconformance; N/A: Not Applicable at this time Clause Requirement Comply Auditor Notes / Evidence
Information Technology General Controls (ITGCs) 101
Information Technology General Controls (ITGCs) 101 Presented by Sugako Amasaki (Principal Auditor) University of California, San Francisco December 3, 2015 Internal Audit Webinar Series Webinar Agenda
Internal Controls Best Practices
Internal Controls Best Practices This list includes the most common internal controls applied by small to medium sized businesses to their operations. It includes controls that apply to the processes most
Good Internal Controls for Small Businesses
Good for Small Businesses SOX and the Importance of Good for Small Businesses MENDELSON CONSULTING Mario Nowogrodzki, CPA.CITP America s QuickBooks Specialists www.qbspecialists.com MARIO NOWOGRODZKI,
4 Testing General and Automated Controls
4 Testing General and Automated Controls Learning Objectives To understand the reasons for testing; To have an idea about Audit Planning and Testing; To discuss testing critical control points; To learn
Developing Effective Internal Controls Using the COSO Model
Developing Effective Internal Controls Using the COSO Model Office of State Controller Internal Controls in a COSO Environment Seminar Raleigh, North Carolina March 2007 Mark S. Beasley Director, ERM Initiative
How To Audit A Financial Statement
INTERNATIONAL STANDARD ON 400 RISK ASSESSMENTS AND INTERNAL CONTROL (This Standard is effective, but will be withdrawn when ISA 315 and 330 become effective) * CONTENTS Paragraph Introduction... 1-10 Inherent
Chapter 1 Getting Started
Getting Started Choosing the Right Version of QuickBooks 1 Chapter 1 Getting Started Perhaps you have been running your own firm or managing a legal office for years, or perhaps you are preparing for a
Payment Procedures. Corruption Prevention Department
Payment Procedures Corruption Prevention Department best practices 貪 CONTENTS Pages Introduction 1 Procedural Guidelines 1 Payment Methods 2 Autopay 2 Cheques 3 Petty Cash 3 Payment Records 4 Control and
Internal Auditing & Controls. Examination phase of the internal audit Module 5. Course Name: Internal Auditing & Controls
Course Name: Internal Auditing & Controls Module: 5 Module Title: Examination phase of the internal audit Lecture and handouts prepared by Chuck Campbell Examination phase of the internal audit Module
Internal Control Deliverables. For. System Development Projects
DIVISION OF AUDIT SERVICES Internal Control Deliverables For System Development Projects Table of Contents Introduction... 3 Process Flow... 3 Controls Objectives... 4 Environmental and General IT Controls...
INFORMATION SYSTEMS. Revised: August 2013
Revised: August 2013 INFORMATION SYSTEMS In November 2011, The University of North Carolina Information Technology Security Council [ITSC] recommended the adoption of ISO/IEC 27002 Information technology
Payroll Direct Deposit
2011-A03 Program Evaluation and Audit Payroll Direct Deposit Process Review and Cost-Benefit 17 December 2010 INTRODUCTION Background The Council operates under a biweekly pay period system. The Metropolitan
Internal Control Systems
Business and Information Process Rules, Risks, and Controls Internal Control Systems Internal controls encompass a set of rules, policies, and procedures an organization implements to provide reasonable
BDO OUTSOURCING. Outsourcing services
BDO OUTSOURCING Outsourcing services OUR IDENTITY IS MANIFESTED IN OUR SERVICES, BECAUSE BESIDES BEING GLOBALS WE UNDERSTAND BETTER THAN ANY ONE WHAT MEANS TO BE LOCAL. WE SERVE THE NEEDS OF A MARKET IN
IT Sr. Systems Administrator
IT Sr. Systems Administrator Location: [North America] [United States] [Monrovia] Category: Information Technology Job Type: Open-ended, Full-time PURPOSE OF POSITION: Systems Administrators and Engineers
Master Document Audit Program
Activity Code 11510 B-1 Planning Considerations Information Technology General System Controls Audit Specific Independence Determination Members of the audit team and internal specialists consulting on