This document discusses controls related to IT governance, including the structure of the IT function, computer center operations, and disaster recovery planning. It covers topics such as segregating incompatible duties within the IT function, physical and environmental controls for the computer center, and key elements of an effective disaster recovery plan including identifying critical systems, backup sites, and testing procedures. Audit procedures are also presented for evaluating these various IT governance controls.
Chapter 2 auditing it governance controlsjayussuryawan
This document discusses controls related to IT governance, including the structure of the IT function, computer center operations, and disaster recovery planning. It covers topics such as segregating incompatible duties within the IT function, physical and environmental controls for the computer center, and key elements of an effective disaster recovery plan such as identifying critical applications and creating an off-site backup. The document also outlines some audit procedures auditors can perform to evaluate these controls, such as reviewing policies and documentation, testing backup procedures, and evaluating disaster recovery plans and backup site arrangements.
This document provides an overview of auditing and internal control. It defines different types of audits, including external financial audits, internal audits, and fraud audits. It describes the roles of external and internal auditors and audit committees. Key aspects of the audit process are explained, including audit risk, management assertions, audit objectives, and audit procedures. The document also provides details on auditing standards and the importance of internal control systems as defined by regulations like Sarbanes-Oxley.
Chapter 4 security part ii auditing database systemsjayussuryawan
This document discusses database systems and auditing databases. It covers the problems with flat file data management that led to database systems, the components and models of databases including hierarchical, network and relational models. It also discusses centralized, partitioned and replicated database deployment, database administration, access controls, backup controls and audit procedures for testing controls.
Chapter 3 security part i auditing operating systems and networksTommy Zul Hidayat
This document discusses controls for operating system security and risks. It covers objectives like protecting the operating system from tampering, unauthorized access, and data corruption. Key threats include accidental issues, intentional illegal access for financial gain, and destructive programs. Controls discussed include log-on procedures, access privileges, password policies, antivirus software, system audit trails, firewalls, and encryption. Risks from intranets and the internet like sniffing, denial of service attacks, and natural disasters are also summarized.
The document provides an overview of key concepts in accounting information systems, including:
1) Internal and external information flows in a business and how information needs vary by user/level.
2) The definition of an accounting information system and how it differs from a management information system.
3) The general model for an accounting information system including data sources, transformation of data into information, and distribution of information to users.
4) The roles of accountants in an information system as users, designers, and auditors.
Chapter 1 - The Information System: An Accountant's Perspectiveermin08
This chapter discusses accounting information systems from an accountant's perspective. It defines key terms like transactions, accounting information systems, and management information systems. It describes the general model for information systems, including data sources, transforming data into information through collection, processing, management and generation. It also outlines the organizational structure of businesses and accounting's unique roles, including participating in systems design and performing external financial audits, internal audits, and fraud audits.
Chapter 6: Transaction Processing and Financial Reporting Systems Overview (C...Vhena Pilongo
This document discusses the history and current state of eXtensible Business Reporting Language (XBRL) reporting. It notes that:
- In 2005, US banking regulators began requiring quarterly call reports to be filed in XBRL.
- In 2006, the SEC launched a voluntary XBRL filing program and an electronic filing system called IDEA to receive XBRL filings.
- In 2008, the SEC issued rules requiring large public companies to adopt XBRL to meet financial reporting requirements.
The document also mentions comparable XBRL adoption in countries like Canada, China, Spain, the Netherlands and the UK. It states XBRL will help fulfill requirements of the Sarbanes
Chapter 1 auditing and internal controljayussuryawan
This document provides an overview of auditing concepts including:
- The differences between attestation and advisory services, and the relationship between external, internal, and fraud audits.
- Key standards and frameworks for internal control including COSO and Sarbanes-Oxley.
- The audit process including planning, testing of controls, and substantive tests using CAATTs software.
- How management assertions and audit objectives guide audit procedures and evidence collection.
Chapter 2 auditing it governance controlsjayussuryawan
This document discusses controls related to IT governance, including the structure of the IT function, computer center operations, and disaster recovery planning. It covers topics such as segregating incompatible duties within the IT function, physical and environmental controls for the computer center, and key elements of an effective disaster recovery plan such as identifying critical applications and creating an off-site backup. The document also outlines some audit procedures auditors can perform to evaluate these controls, such as reviewing policies and documentation, testing backup procedures, and evaluating disaster recovery plans and backup site arrangements.
This document provides an overview of auditing and internal control. It defines different types of audits, including external financial audits, internal audits, and fraud audits. It describes the roles of external and internal auditors and audit committees. Key aspects of the audit process are explained, including audit risk, management assertions, audit objectives, and audit procedures. The document also provides details on auditing standards and the importance of internal control systems as defined by regulations like Sarbanes-Oxley.
Chapter 4 security part ii auditing database systemsjayussuryawan
This document discusses database systems and auditing databases. It covers the problems with flat file data management that led to database systems, the components and models of databases including hierarchical, network and relational models. It also discusses centralized, partitioned and replicated database deployment, database administration, access controls, backup controls and audit procedures for testing controls.
Chapter 3 security part i auditing operating systems and networksTommy Zul Hidayat
This document discusses controls for operating system security and risks. It covers objectives like protecting the operating system from tampering, unauthorized access, and data corruption. Key threats include accidental issues, intentional illegal access for financial gain, and destructive programs. Controls discussed include log-on procedures, access privileges, password policies, antivirus software, system audit trails, firewalls, and encryption. Risks from intranets and the internet like sniffing, denial of service attacks, and natural disasters are also summarized.
The document provides an overview of key concepts in accounting information systems, including:
1) Internal and external information flows in a business and how information needs vary by user/level.
2) The definition of an accounting information system and how it differs from a management information system.
3) The general model for an accounting information system including data sources, transformation of data into information, and distribution of information to users.
4) The roles of accountants in an information system as users, designers, and auditors.
Chapter 1 - The Information System: An Accountant's Perspectiveermin08
This chapter discusses accounting information systems from an accountant's perspective. It defines key terms like transactions, accounting information systems, and management information systems. It describes the general model for information systems, including data sources, transforming data into information through collection, processing, management and generation. It also outlines the organizational structure of businesses and accounting's unique roles, including participating in systems design and performing external financial audits, internal audits, and fraud audits.
Chapter 6: Transaction Processing and Financial Reporting Systems Overview (C...Vhena Pilongo
This document discusses the history and current state of eXtensible Business Reporting Language (XBRL) reporting. It notes that:
- In 2005, US banking regulators began requiring quarterly call reports to be filed in XBRL.
- In 2006, the SEC launched a voluntary XBRL filing program and an electronic filing system called IDEA to receive XBRL filings.
- In 2008, the SEC issued rules requiring large public companies to adopt XBRL to meet financial reporting requirements.
The document also mentions comparable XBRL adoption in countries like Canada, China, Spain, the Netherlands and the UK. It states XBRL will help fulfill requirements of the Sarbanes
Chapter 1 auditing and internal controljayussuryawan
This document provides an overview of auditing concepts including:
- The differences between attestation and advisory services, and the relationship between external, internal, and fraud audits.
- Key standards and frameworks for internal control including COSO and Sarbanes-Oxley.
- The audit process including planning, testing of controls, and substantive tests using CAATTs software.
- How management assertions and audit objectives guide audit procedures and evidence collection.
This document discusses controls for IT security and access in Chapter 16 of the textbook "Accounting Information Systems, 8e" by James A. Hall. It covers objectives for the chapter, which are to identify threats to operating systems and techniques to minimize exposures. It also discusses risks associated with electronic commerce over intranets and the internet, database integrity risks, and risks involving electronic data interchange. The document outlines various controls for operating systems, databases, internet/intranet risks, and techniques to mitigate security risks like firewalls.
Ethics fraud & internal control ppt @ dom sBabasab Patil
The document provides an overview of accounting information systems, ethics, fraud, and internal controls. It discusses business ethics and areas like computer ethics. It defines legal fraud and common fraud schemes. It also outlines the key components of the SAS 78/COSO internal control framework, including control environment, risk assessment, information and communication, monitoring, and control activities.
Chapter 3 security part i auditing operating systems and networksjayussuryawan
This document discusses controls for operating system security and risks associated with intranets and the internet. It covers objectives like protecting the operating system from tampering, unauthorized access, and data corruption. Controls discussed include log-on procedures, access tokens, access control lists, and password policies. Threats covered are accidental failures, intentional access of data, and destructive programs. The document also discusses risks of intercepting network messages, accessing databases, privileged employees, and denial of service attacks on intranets and the internet. Controls to help mitigate these risks include firewalls, screening routers, and intrusion prevention systems.
This document provides an overview of tests of controls for auditing purposes. It discusses assessing control risk, the purpose and nature of tests of controls, and how the work of internal auditing may be used. The document outlines the process of assessing control risk and communicating conclusions. It describes types of controls expected in IT environments and lists alternative computer-assisted audit techniques.
This document provides objectives and content for Chapter 3 of an accounting information systems textbook. It covers broad topics like business ethics, fraud, and internal controls. Regarding business ethics, it discusses how managers determine right conduct and achieve ethical goals. It defines fraud and common schemes, and internal controls aim to safeguard assets, ensure accurate records, promote efficiency, and ensure compliance. The Sarbanes-Oxley Act addressed auditor independence, corporate governance, and disclosure in response to scandals.
This document discusses fraud and error in an audit of financial statements. It defines fraud and its characteristics, describing fraudulent financial reporting and misappropriation of assets. It outlines risk factors for fraud related to misstatements in financial reporting and asset misappropriation. It discusses the auditor's responsibility to consider fraud, including assessing risks of material misstatement due to fraud and designing audit procedures to detect such misstatements. It also describes reporting and documentation requirements when fraud or errors are suspected.
This document discusses assurance engagements other than audits of general purpose financial reports. It defines assurance engagements and outlines their key elements. It describes different types of assurance engagements including those involving historical financial information, compliance, performance and sustainability. Examples of other assurance engagements discussed are forensic auditing and continuous auditing. The document also covers quality standards for assurance practitioners including ISO standards and total quality management.
Lecture 17 sas framework internal control - james a. hall book chapter 3Habib Ullah Qamar
SAS Framework,Chapter 3 Of Accounting Information System. Frauds ,ethics and Internal Control, Levels of SAS-78/COSO Framework. The Control Environment, Risk Assessment, Monitoring, Supervision and in the end Control Acvities
The document discusses the key stages in the Systems Development Life Cycle (SDLC), including systems strategy, project initiation, development, and maintenance. It describes the objectives of each stage, such as assessing business needs during systems strategy and conducting feasibility studies and cost-benefit analysis during project initiation. Accountants play an important role by ensuring economic feasibility analysis, accurate cost reporting, and that systems have appropriate controls.
The document provides objectives and content for Chapter 4 of the textbook "Accounting Information Systems, 6th edition". It covers the revenue cycle, including key processes like sales orders, billing, cash receipts, and collections. It describes the flow of transactions, necessary documents and journals, risks and controls at each step. It also discusses how technology can automate or reengineer the revenue cycle through systems like real-time processing, EDI, point-of-sale, and the implications for internal controls in computer-based environments.
This document outlines the objectives and key concepts around coding schemes, general ledger systems, financial reporting systems, and management reporting systems from Accounting Information Systems, 6th edition by James A. Hall. It discusses various types of coding schemes (sequential, block, group, alphabetic, mnemonic), the functions and components of a general ledger system, controls over the general ledger/financial reporting system, and factors that influence the design of management reporting systems such as management principles, functions/levels/decision types, problem structure, types of reports, responsibility accounting, and behavioral considerations.
This document outlines the objectives and key topics to be covered in Chapter 15 of the textbook "Accounting Information Systems, 6th edition". It will discuss the key provisions of Sections 302 and 404 of the Sarbanes-Oxley Act, including management responsibilities for internal controls over financial reporting. It will also cover IT controls related to financial reporting, risks of incompatible functions in IT organizational structures, controls over computer facilities, and elements of an effective disaster recovery plan.
Audit report- Consideration of Internal Controlnellynljcoles
This document discusses internal control and its assessment. It defines internal control as a process designed to help achieve an entity's objectives. The five components of internal control are the control environment, risk assessment, control activities, information and communication, and monitoring. The auditor assesses control risk by obtaining an understanding of internal controls, testing their design and implementation, and judging their effectiveness in preventing misstatements. Control risk is then used to determine the nature, timing and extent of substantive audit procedures. Weaknesses identified during this process are communicated to management.
This document outlines the objectives and key concepts discussed in Chapter 2 of the textbook "Accounting Information Systems, 6th edition". It discusses the three transaction cycles of expenditures, conversions, and revenues. It describes the traditional manual accounting records and their computer-based equivalents. It also explains documentation techniques for computerized accounting systems such as entity relationship diagrams, data flow diagrams, document flowcharts, system flowcharts, and program flowcharts. Finally, it compares batch processing versus real-time processing approaches.
Systems development and program change activitieskristine manzano
The document outlines the phases of a systems development and program change project, including detailed design, application programming and testing, system implementation, and system maintenance. It emphasizes the importance of structuring programming into small, independently testable modules to improve efficiency and control. Thorough testing of the application software offline before deployment online is also stressed to avoid disasters from untested systems. Finally, user documentation is created to explain system operation to different user types.
This document contains a chapter summary and test bank for an IT auditing textbook. It includes 36 multiple choice and true/false questions that test understanding of key concepts around auditing and internal controls. Some of the main topics covered include the COSO and COBIT frameworks, components of internal controls like preventative and detective controls, the roles of internal and external auditors, and concepts like audit risk and tests of controls.
The document discusses two broad groupings of information systems control activities: general controls and application controls. General controls relate to many IS applications and support effective application controls by ensuring continued operation of IS. They include logical access controls, system development life cycle controls, program change management controls, and data center physical security controls. Application controls are designed to ensure complete and accurate processing of data from input through output and include controls over input, processing, and output of applications. The design of general controls depends on application control requirements and enterprise risk management, while reliance on application controls depends on the design and operating effectiveness of general controls.
This document discusses audit risk assessment. It defines audit risk as the risk that an auditor gives an inappropriate opinion when financial statements are materially misstated. Audit risk has three components: inherent risk, control risk, and detection risk. The auditor assesses these risks to determine the nature, timing and extent of audit procedures. A key part of risk assessment is understanding the client's internal controls, including control environment, risk assessment, information and communication, control activities, and monitoring. The auditor documents their understanding of internal controls to help plan the audit and determine appropriate audit strategies.
Computer-Assisted Audit Tools and Techniques_supriadi
Be familiar with the classes of transaction input controls used by accounting applications.
Understand the objectives and techniques used to implement processing controls, including run-to-run, operator inventions, and audit trail controls.
Understand the methods used to establish effective output controls for both batch and real-time systems.
The document discusses various aspects of IT asset management including identifying and inventorying hardware and software assets. It highlights the importance of having approved software lists and controlling production code through date-time stamping. Other areas covered include job scheduling, end user computing risks, system performance factors like activity logging and problem/incident management. The document also summarizes change, configuration and patch management processes and the role of database management systems.
This document summarizes a proposal submitted by Aperture Security for a state government security project. It outlines Aperture's qualifications, including 11 years in business, $2.6 million annual sales, and relevant past projects. It then describes a multi-layered security strategy and identifies gaps to address, such as access controls, user privileges, and data privacy legal requirements. Specific security assessment and risk mitigation plans are provided covering areas like workstation security, network access control, and disaster recovery procedures.
This document discusses controls for IT security and access in Chapter 16 of the textbook "Accounting Information Systems, 8e" by James A. Hall. It covers objectives for the chapter, which are to identify threats to operating systems and techniques to minimize exposures. It also discusses risks associated with electronic commerce over intranets and the internet, database integrity risks, and risks involving electronic data interchange. The document outlines various controls for operating systems, databases, internet/intranet risks, and techniques to mitigate security risks like firewalls.
Ethics fraud & internal control ppt @ dom sBabasab Patil
The document provides an overview of accounting information systems, ethics, fraud, and internal controls. It discusses business ethics and areas like computer ethics. It defines legal fraud and common fraud schemes. It also outlines the key components of the SAS 78/COSO internal control framework, including control environment, risk assessment, information and communication, monitoring, and control activities.
Chapter 3 security part i auditing operating systems and networksjayussuryawan
This document discusses controls for operating system security and risks associated with intranets and the internet. It covers objectives like protecting the operating system from tampering, unauthorized access, and data corruption. Controls discussed include log-on procedures, access tokens, access control lists, and password policies. Threats covered are accidental failures, intentional access of data, and destructive programs. The document also discusses risks of intercepting network messages, accessing databases, privileged employees, and denial of service attacks on intranets and the internet. Controls to help mitigate these risks include firewalls, screening routers, and intrusion prevention systems.
This document provides an overview of tests of controls for auditing purposes. It discusses assessing control risk, the purpose and nature of tests of controls, and how the work of internal auditing may be used. The document outlines the process of assessing control risk and communicating conclusions. It describes types of controls expected in IT environments and lists alternative computer-assisted audit techniques.
This document provides objectives and content for Chapter 3 of an accounting information systems textbook. It covers broad topics like business ethics, fraud, and internal controls. Regarding business ethics, it discusses how managers determine right conduct and achieve ethical goals. It defines fraud and common schemes, and internal controls aim to safeguard assets, ensure accurate records, promote efficiency, and ensure compliance. The Sarbanes-Oxley Act addressed auditor independence, corporate governance, and disclosure in response to scandals.
This document discusses fraud and error in an audit of financial statements. It defines fraud and its characteristics, describing fraudulent financial reporting and misappropriation of assets. It outlines risk factors for fraud related to misstatements in financial reporting and asset misappropriation. It discusses the auditor's responsibility to consider fraud, including assessing risks of material misstatement due to fraud and designing audit procedures to detect such misstatements. It also describes reporting and documentation requirements when fraud or errors are suspected.
This document discusses assurance engagements other than audits of general purpose financial reports. It defines assurance engagements and outlines their key elements. It describes different types of assurance engagements including those involving historical financial information, compliance, performance and sustainability. Examples of other assurance engagements discussed are forensic auditing and continuous auditing. The document also covers quality standards for assurance practitioners including ISO standards and total quality management.
Lecture 17 sas framework internal control - james a. hall book chapter 3Habib Ullah Qamar
SAS Framework,Chapter 3 Of Accounting Information System. Frauds ,ethics and Internal Control, Levels of SAS-78/COSO Framework. The Control Environment, Risk Assessment, Monitoring, Supervision and in the end Control Acvities
The document discusses the key stages in the Systems Development Life Cycle (SDLC), including systems strategy, project initiation, development, and maintenance. It describes the objectives of each stage, such as assessing business needs during systems strategy and conducting feasibility studies and cost-benefit analysis during project initiation. Accountants play an important role by ensuring economic feasibility analysis, accurate cost reporting, and that systems have appropriate controls.
The document provides objectives and content for Chapter 4 of the textbook "Accounting Information Systems, 6th edition". It covers the revenue cycle, including key processes like sales orders, billing, cash receipts, and collections. It describes the flow of transactions, necessary documents and journals, risks and controls at each step. It also discusses how technology can automate or reengineer the revenue cycle through systems like real-time processing, EDI, point-of-sale, and the implications for internal controls in computer-based environments.
This document outlines the objectives and key concepts around coding schemes, general ledger systems, financial reporting systems, and management reporting systems from Accounting Information Systems, 6th edition by James A. Hall. It discusses various types of coding schemes (sequential, block, group, alphabetic, mnemonic), the functions and components of a general ledger system, controls over the general ledger/financial reporting system, and factors that influence the design of management reporting systems such as management principles, functions/levels/decision types, problem structure, types of reports, responsibility accounting, and behavioral considerations.
This document outlines the objectives and key topics to be covered in Chapter 15 of the textbook "Accounting Information Systems, 6th edition". It will discuss the key provisions of Sections 302 and 404 of the Sarbanes-Oxley Act, including management responsibilities for internal controls over financial reporting. It will also cover IT controls related to financial reporting, risks of incompatible functions in IT organizational structures, controls over computer facilities, and elements of an effective disaster recovery plan.
Audit report- Consideration of Internal Controlnellynljcoles
This document discusses internal control and its assessment. It defines internal control as a process designed to help achieve an entity's objectives. The five components of internal control are the control environment, risk assessment, control activities, information and communication, and monitoring. The auditor assesses control risk by obtaining an understanding of internal controls, testing their design and implementation, and judging their effectiveness in preventing misstatements. Control risk is then used to determine the nature, timing and extent of substantive audit procedures. Weaknesses identified during this process are communicated to management.
This document outlines the objectives and key concepts discussed in Chapter 2 of the textbook "Accounting Information Systems, 6th edition". It discusses the three transaction cycles of expenditures, conversions, and revenues. It describes the traditional manual accounting records and their computer-based equivalents. It also explains documentation techniques for computerized accounting systems such as entity relationship diagrams, data flow diagrams, document flowcharts, system flowcharts, and program flowcharts. Finally, it compares batch processing versus real-time processing approaches.
Systems development and program change activitieskristine manzano
The document outlines the phases of a systems development and program change project, including detailed design, application programming and testing, system implementation, and system maintenance. It emphasizes the importance of structuring programming into small, independently testable modules to improve efficiency and control. Thorough testing of the application software offline before deployment online is also stressed to avoid disasters from untested systems. Finally, user documentation is created to explain system operation to different user types.
This document contains a chapter summary and test bank for an IT auditing textbook. It includes 36 multiple choice and true/false questions that test understanding of key concepts around auditing and internal controls. Some of the main topics covered include the COSO and COBIT frameworks, components of internal controls like preventative and detective controls, the roles of internal and external auditors, and concepts like audit risk and tests of controls.
The document discusses two broad groupings of information systems control activities: general controls and application controls. General controls relate to many IS applications and support effective application controls by ensuring continued operation of IS. They include logical access controls, system development life cycle controls, program change management controls, and data center physical security controls. Application controls are designed to ensure complete and accurate processing of data from input through output and include controls over input, processing, and output of applications. The design of general controls depends on application control requirements and enterprise risk management, while reliance on application controls depends on the design and operating effectiveness of general controls.
This document discusses audit risk assessment. It defines audit risk as the risk that an auditor gives an inappropriate opinion when financial statements are materially misstated. Audit risk has three components: inherent risk, control risk, and detection risk. The auditor assesses these risks to determine the nature, timing and extent of audit procedures. A key part of risk assessment is understanding the client's internal controls, including control environment, risk assessment, information and communication, control activities, and monitoring. The auditor documents their understanding of internal controls to help plan the audit and determine appropriate audit strategies.
Computer-Assisted Audit Tools and Techniques_supriadi
Be familiar with the classes of transaction input controls used by accounting applications.
Understand the objectives and techniques used to implement processing controls, including run-to-run, operator inventions, and audit trail controls.
Understand the methods used to establish effective output controls for both batch and real-time systems.
The document discusses various aspects of IT asset management including identifying and inventorying hardware and software assets. It highlights the importance of having approved software lists and controlling production code through date-time stamping. Other areas covered include job scheduling, end user computing risks, system performance factors like activity logging and problem/incident management. The document also summarizes change, configuration and patch management processes and the role of database management systems.
This document summarizes a proposal submitted by Aperture Security for a state government security project. It outlines Aperture's qualifications, including 11 years in business, $2.6 million annual sales, and relevant past projects. It then describes a multi-layered security strategy and identifies gaps to address, such as access controls, user privileges, and data privacy legal requirements. Specific security assessment and risk mitigation plans are provided covering areas like workstation security, network access control, and disaster recovery procedures.
This document summarizes a proposal submitted by Aperture Security for a state government security project. It outlines Aperture's qualifications, including 11 years in business, $2.6 million annual sales, and relevant past projects. It then describes a multi-layered security strategy and identifies gaps to address, such as access controls, user privileges, and data privacy legal requirements. Specific security assessment and risk mitigation plans are provided covering areas like workstation security, network access control, and disaster recovery procedures.
The document discusses various approaches to creating information systems, including custom development, off-the-shelf software selection, and end user development. It describes the system development life cycle (SDLC) methodology, including definition, build, and implementation phases. Alternative approaches like prototyping are also covered. The benefits and risks of different creation methods are outlined.
software maintenance takes up 60-70% of software organization resources. To avoid surplus efforts in maintaining a legacy system we use a method of re-engineering the old software so that it can adapt to the new environment. Slides describes the re-engineering process which is considered to be a pro for legacy systems but they do even have risks which has to be accounted for.
The Importance of Security within the Computer EnvironmentAdetula Bunmi
The document discusses the importance of security procedures and policies within a computer center. It outlines standard operating procedures that should be implemented, including change control processes, safety regulations, security policies, deployment procedures, and more. The document also discusses the need for computer room security to protect assets, data, employees, and the organization's reputation. Methods for preventing hazards like fires, floods and sabotage are also important. Computer systems auditing helps evaluate security controls and ensures the computer systems are protecting assets and operating effectively.
The document outlines the key areas an information system auditor would evaluate, including hardware, software, documentation, system environment, and security. The hardware review examines system fileservers, workstations, network components, and other devices. The software evaluation covers operating systems, applications, licensing, and upgrade policies. Documentation audits validate disaster recovery plans, log files, and user policies. The system environment review analyzes critical functions, management support, training, budgets, and other requirements. Finally, the security examination checks access controls, passwords, backups, and other security measures.
Computer-Assisted Audit Tools and Techniques_supriadi
Be familiar with the classes of transaction input controls used by accounting applications.
Understand the objectives and techniques used to implement processing controls, including run-to-run, operator inventions, and audit trail controls.
Understand the methods used to establish effective output controls for both batch and real-time systems.
This document debunks 7 common myths about validating software-as-a-service (SaaS) applications in a regulated environment. It explains that cloud providers can securely store data in specific geographic locations and use encryption. It also argues that virtual servers can be validated through traceable IDs and documented system development processes. Further, pre-validated multi-tenant systems and vendor-managed updates may not require revalidation if changes are properly tested and controlled. The document aims to demonstrate that SaaS applications can meet regulatory requirements if the appropriate security, documentation and change controls are implemented and audited.
This document discusses information systems (IS) audits. It defines IS audits as evaluating evidence to determine if computer systems safeguard assets, maintain data integrity, and achieve organizational goals efficiently. IS audits assess availability, confidentiality, and integrity of key systems. The document outlines elements of IS audits like physical, system administration, application software, network security, business continuity, and data integrity reviews. It stresses a risk-based approach to prioritizing systems for audit.
1) ERP systems integrate various business functions and processes through a shared database. This provides seamless information flow across the organization.
2) Implementation risks include choosing the wrong ERP, high costs and cost overruns, and disruptions to operations during business process reengineering.
3) Internal controls and auditing are impacted through increased reliance on programmed controls versus manual intervention, issues with segregating duties in an integrated system, and ensuring appropriate access controls over the ERP system and data.
The document discusses requirements elicitation, which involves determining what a system or product needs to do from users and stakeholders. It notes that requirements elicitation is difficult because stakeholders may not know their needs, have conflicting needs, or changing needs. The document then describes different types of requirements like functional requirements, which define what a system does, and non-functional requirements, also called quality attributes, which define how the system achieves its functions. Examples of different types of requirements are also provided.
This document discusses best practices in network and infrastructure management. It defines best practices and lists several frameworks for information technology (IT) best practices such as ITIL, ISO27001, and COBIT. Specific areas of focus for network infrastructure management are discussed, including change management, configuration management, and knowledge management. Change management aims to minimize the impact of changes, configuration management involves identifying and recording IT components, and knowledge management involves documenting processes. The organization discussed is implementing ITIL best practices using the ServiceNow platform for areas like incident management, problem management, and change management.
This document provides an overview of information systems auditing. It discusses the need for auditing computers due to risks like data loss, incorrect decisions, and abuse. An information systems audit aims to safeguard assets, maintain data integrity, and ensure system effectiveness and efficiency. The document also examines how computers affect internal controls and the audit process. It notes computers concentrate organizational assets, making oversight important. Finally, the document outlines how computers can help audits by enabling testing of large data volumes quickly and accurately.
Visit www.lifein01.com for presentations of all chapters.
Auditing is the process of assessment of financial, operational, strategic goals and processes in organizations to determine whether they are in compliance with the stated principles, regulatory norms, rules, and regulations.
Mainframe Sort Operations: Gaining the Insights You Need for Peak PerformancePrecisely
Mainframe systems remain the backbone of many mission-critical business operations, and sort operations play an integral role in ensuring the smooth flow of data across these systems.
However, managing and optimizing sort operations can be a complex task, often hindered by a lack of visibility and real-time insights.
In this webinar, we'll explore how to gain better visibility into mainframe sort operations, enabling you to: identify and resolve performance bottlenecks, optimize resource allocations and improve overall system performance.
Join us for this webcast to hear about:
• The importance of visibility into mainframe sort operations
• Common challenges faced when managing mainframe sort operations
• Strategies for gaining deeper insights into sort operations
The document discusses auditing computer information systems and related risks. It covers several key points:
1) Auditing computer systems requires understanding how the business processes accounting information and assessing inherent and control risks related to the computer system.
2) There are three main audit techniques - auditing around, through, and with the computer - each with their own advantages and disadvantages.
3) Internal controls in computer systems relate to physical security, access controls, input/output controls, and program change controls.
4) Audit software can help auditors efficiently identify exceptions, compare data, and summarize information for computerized audits.
Software Engineering- Requirement Elicitation and SpecificationNishu Rastogi
The document discusses the process of requirements engineering for software development. It involves four main steps:
1) Feasibility study to determine if the project is possible.
2) Requirements gathering by communicating with clients and users to understand what the software should do.
3) Creating a software requirements specification (SRS) document that defines system functions and constraints.
4) Validating requirements to ensure they are clear, consistent, and can be implemented.
Cyber security series administrative control breaches Jim Kaplan CIA CFE
This webinar series is designed to help internal auditors looking to equip themselves with competencies and confidence to handle audit of IT controls and information security, and learn about the emerging technologies and their underlying risks
The series focuses on contemporary IT audit approaches relevant to Internal Auditors and the processes underlying risk based IT audits.
Session 8 of 10
This Webinar focuses on Administrative Control Breaches
• Security Administration
• Purpose of Security Tools
• Examples of Security Tools
• Security Incident Manager (SIM)
• Problems with Security Administration
• Improving Administration
Similar to Chapter 2 auditing it governance controls (20)
How to Get CNIC Information System with Paksim Ga.pptxdanishmna97
Pakdata Cf is a groundbreaking system designed to streamline and facilitate access to CNIC information. This innovative platform leverages advanced technology to provide users with efficient and secure access to their CNIC details.
Communications Mining Series - Zero to Hero - Session 1DianaGray10
This session provides introduction to UiPath Communication Mining, importance and platform overview. You will acquire a good understand of the phases in Communication Mining as we go over the platform with you. Topics covered:
• Communication Mining Overview
• Why is it important?
• How can it help today’s business and the benefits
• Phases in Communication Mining
• Demo on Platform overview
• Q/A
Why You Should Replace Windows 11 with Nitrux Linux 3.5.0 for enhanced perfor...SOFTTECHHUB
The choice of an operating system plays a pivotal role in shaping our computing experience. For decades, Microsoft's Windows has dominated the market, offering a familiar and widely adopted platform for personal and professional use. However, as technological advancements continue to push the boundaries of innovation, alternative operating systems have emerged, challenging the status quo and offering users a fresh perspective on computing.
One such alternative that has garnered significant attention and acclaim is Nitrux Linux 3.5.0, a sleek, powerful, and user-friendly Linux distribution that promises to redefine the way we interact with our devices. With its focus on performance, security, and customization, Nitrux Linux presents a compelling case for those seeking to break free from the constraints of proprietary software and embrace the freedom and flexibility of open-source computing.
Securing your Kubernetes cluster_ a step-by-step guide to success !KatiaHIMEUR1
Today, after several years of existence, an extremely active community and an ultra-dynamic ecosystem, Kubernetes has established itself as the de facto standard in container orchestration. Thanks to a wide range of managed services, it has never been so easy to set up a ready-to-use Kubernetes cluster.
However, this ease of use means that the subject of security in Kubernetes is often left for later, or even neglected. This exposes companies to significant risks.
In this talk, I'll show you step-by-step how to secure your Kubernetes cluster for greater peace of mind and reliability.
Let's Integrate MuleSoft RPA, COMPOSER, APM with AWS IDP along with Slackshyamraj55
Discover the seamless integration of RPA (Robotic Process Automation), COMPOSER, and APM with AWS IDP enhanced with Slack notifications. Explore how these technologies converge to streamline workflows, optimize performance, and ensure secure access, all while leveraging the power of AWS IDP and real-time communication via Slack notifications.
Sudheer Mechineni, Head of Application Frameworks, Standard Chartered Bank
Discover how Standard Chartered Bank harnessed the power of Neo4j to transform complex data access challenges into a dynamic, scalable graph database solution. This keynote will cover their journey from initial adoption to deploying a fully automated, enterprise-grade causal cluster, highlighting key strategies for modelling organisational changes and ensuring robust disaster recovery. Learn how these innovations have not only enhanced Standard Chartered Bank’s data infrastructure but also positioned them as pioneers in the banking sector’s adoption of graph technology.
Observability Concepts EVERY Developer Should Know -- DeveloperWeek Europe.pdfPaige Cruz
Monitoring and observability aren’t traditionally found in software curriculums and many of us cobble this knowledge together from whatever vendor or ecosystem we were first introduced to and whatever is a part of your current company’s observability stack.
While the dev and ops silo continues to crumble….many organizations still relegate monitoring & observability as the purview of ops, infra and SRE teams. This is a mistake - achieving a highly observable system requires collaboration up and down the stack.
I, a former op, would like to extend an invitation to all application developers to join the observability party will share these foundational concepts to build on:
Introducing Milvus Lite: Easy-to-Install, Easy-to-Use vector database for you...Zilliz
Join us to introduce Milvus Lite, a vector database that can run on notebooks and laptops, share the same API with Milvus, and integrate with every popular GenAI framework. This webinar is perfect for developers seeking easy-to-use, well-integrated vector databases for their GenAI apps.
Cosa hanno in comune un mattoncino Lego e la backdoor XZ?Speck&Tech
ABSTRACT: A prima vista, un mattoncino Lego e la backdoor XZ potrebbero avere in comune il fatto di essere entrambi blocchi di costruzione, o dipendenze di progetti creativi e software. La realtà è che un mattoncino Lego e il caso della backdoor XZ hanno molto di più di tutto ciò in comune.
Partecipate alla presentazione per immergervi in una storia di interoperabilità, standard e formati aperti, per poi discutere del ruolo importante che i contributori hanno in una comunità open source sostenibile.
BIO: Sostenitrice del software libero e dei formati standard e aperti. È stata un membro attivo dei progetti Fedora e openSUSE e ha co-fondato l'Associazione LibreItalia dove è stata coinvolta in diversi eventi, migrazioni e formazione relativi a LibreOffice. In precedenza ha lavorato a migrazioni e corsi di formazione su LibreOffice per diverse amministrazioni pubbliche e privati. Da gennaio 2020 lavora in SUSE come Software Release Engineer per Uyuni e SUSE Manager e quando non segue la sua passione per i computer e per Geeko coltiva la sua curiosità per l'astronomia (da cui deriva il suo nickname deneb_alpha).
Threats to mobile devices are more prevalent and increasing in scope and complexity. Users of mobile devices desire to take full advantage of the features
available on those devices, but many of the features provide convenience and capability but sacrifice security. This best practices guide outlines steps the users can take to better protect personal devices and information.
Climate Impact of Software Testing at Nordic Testing DaysKari Kakkonen
My slides at Nordic Testing Days 6.6.2024
Climate impact / sustainability of software testing discussed on the talk. ICT and testing must carry their part of global responsibility to help with the climat warming. We can minimize the carbon footprint but we can also have a carbon handprint, a positive impact on the climate. Quality characteristics can be added with sustainability, and then measured continuously. Test environments can be used less, and in smaller scale and on demand. Test techniques can be used in optimizing or minimizing number of tests. Test automation can be used to speed up testing.
Essentials of Automations: The Art of Triggers and Actions in FMESafe Software
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We’ll kick things off by showcasing the most commonly used event-based triggers, introducing you to various automation workflows like manual triggers, schedules, directory watchers, and more. Plus, see how these elements play out in real scenarios.
Whether you’re tweaking your current setup or building from the ground up, this session will arm you with the tools and insights needed to transform your FME usage into a powerhouse of productivity. Join us to discover effective strategies that simplify complex processes, enhancing your productivity and transforming your data management practices with FME. Let’s turn complexity into clarity and make your workspaces work wonders!
Enchancing adoption of Open Source Libraries. A case study on Albumentations.AIVladimir Iglovikov, Ph.D.
Presented by Vladimir Iglovikov:
- https://www.linkedin.com/in/iglovikov/
- https://x.com/viglovikov
- https://www.instagram.com/ternaus/
This presentation delves into the journey of Albumentations.ai, a highly successful open-source library for data augmentation.
Created out of a necessity for superior performance in Kaggle competitions, Albumentations has grown to become a widely used tool among data scientists and machine learning practitioners.
This case study covers various aspects, including:
People: The contributors and community that have supported Albumentations.
Metrics: The success indicators such as downloads, daily active users, GitHub stars, and financial contributions.
Challenges: The hurdles in monetizing open-source projects and measuring user engagement.
Development Practices: Best practices for creating, maintaining, and scaling open-source libraries, including code hygiene, CI/CD, and fast iteration.
Community Building: Strategies for making adoption easy, iterating quickly, and fostering a vibrant, engaged community.
Marketing: Both online and offline marketing tactics, focusing on real, impactful interactions and collaborations.
Mental Health: Maintaining balance and not feeling pressured by user demands.
Key insights include the importance of automation, making the adoption process seamless, and leveraging offline interactions for marketing. The presentation also emphasizes the need for continuous small improvements and building a friendly, inclusive community that contributes to the project's growth.
Vladimir Iglovikov brings his extensive experience as a Kaggle Grandmaster, ex-Staff ML Engineer at Lyft, sharing valuable lessons and practical advice for anyone looking to enhance the adoption of their open-source projects.
Explore more about Albumentations and join the community at:
GitHub: https://github.com/albumentations-team/albumentations
Website: https://albumentations.ai/
LinkedIn: https://www.linkedin.com/company/100504475
Twitter: https://x.com/albumentations
20 Comprehensive Checklist of Designing and Developing a WebsitePixlogix Infotech
Dive into the world of Website Designing and Developing with Pixlogix! Looking to create a stunning online presence? Look no further! Our comprehensive checklist covers everything you need to know to craft a website that stands out. From user-friendly design to seamless functionality, we've got you covered. Don't miss out on this invaluable resource! Check out our checklist now at Pixlogix and start your journey towards a captivating online presence today.
2. Learning Objectives
• Understand the risks of incompatible functions and
how to structure the IT function.
• Be familiar with the controls and precautions
required to ensure the security of an organization’s
computer facilities.
• Understand the key elements of a disaster recovery
plan.
• Be familiar with the benefits, risks, and audit issues
related to IT outsourcing.
1
3. IT Governance
• Subset of corporate governance that focuses on the
management and assessment of strategic IT
resources.
• Key objects are to reduce risk and ensure
investments in IT resources add value to the
corporation.
• All corporate stakeholders must be active
participants in key IT decisions.
2
4. IT Governance Controls
• Three IT governance issues addressed by SOX and
the COSO internal control framework:
• Organizational structure of the IT function.
• Computer center operations.
• Disaster recovery planning.
3
5. Structure of the Corporate IT
Function
• Under the centralized data processing model, all data
processing performed at a central site.
• End users compete for resources based on need.
• Operating costs charged back to end user.
• Primary service areas:
• Database administrator.
• Data processing consisting of data control/data entry,
computer operations and data library.
• System development and maintenance
• Participation in systems development activities include
system professional, end users and stakeholders.
4
8. Alternative Organization of
Systems Development Problems
• Two control problems with segregating systems
analysis from applications programming.
• Inadequate documentation a chronic problem.
• Documenting systems is not an interesting task.
• Lack of documentation provides job security for the
programmer who coded it.
• When system programmer has maintenance
responsibilities, potential for fraud is increased.
• May have concealed fraudulent code in the system.
• Having sole responsibility for maintenance may allow
the programmer to conceal the code for years.
7
10. Segregation of Incompatible IT
Functions
• Systems development from computer operations.
• Relationship between groups should be formal and
responsibilities should not be comingled.
• Database administration from other functions.
• DBA function responsible for many critical tasks and needs to
be organizationally independent of operations, systems
development and maintenance.
• New systems development from maintenance.
• Improves documentation standards because maintenance
group requires documentation.
• Denying original programmer future access deters program
fraud.
9
11. The Distributed Model
• Distributed Data Processing (DDP) involves
reorganizing central IT function into small IT units
that are placed under the control of end users.
• Two alternatives:
• Alternative A: Variant of centralized model with
terminals or microcomputers distributed to end users
for handling input and output.
• Alternative B: Distributes all computer services to the
end users where they operate as stand alone units.
10
13. Management Assertions Audit Objectives Audit Procedure
Existence or occurrence Inventories listed on the balance
sheet exist.
Observe the counting of physical inventory.
Completeness Accounts payable include all
obligations to vendors for the period.
Compare receiving reports, supplier
invoices, purchase orders, and journal
entries for the period and the beginning of
the next period.
Rights and obligations Plant and equipment listed in the
balance sheet are owned by the
entity.
Review purchase agreements, insurance
policies, and related documents.
Valuation or allocation Accounts receivable are stated at net
realizable value.
Review entity’s aging of accounts and
evaluate the adequacy of the allowance for
uncorrectable accounts.
Presentation and disclosure Contingencies not reported in
financial accounts are properly
disclosed in footnotes.
Obtain information from entity lawyers
about the status of litigation and estimates
of potential loss.
Audit Objectives and Audit
Procedures Based on Management
Assertions
12
14. Risks Associated with DDP
• Inefficient use of resources:
• Mismanagement of IT resources by end users.
• Operational inefficiencies due to redundant tasks being
performed.
• Hardware and software incompatibility among end-user
functions.
• Destruction of audit trails.
• Inadequate segregation of duties.
• Hiring qualified professionals:
• Risk of programming errors and system failures increase
directly with the level of employee incompetence.
• Lack of standards.
13
15. Controlling the DDP Environment
• Implement a corporate IT function:
• Central testing of commercial software and hardware.
• User services to provide technical help.
• Standard-setting body.
• Personnel review.
14
16. Audit Procedures for the DDP
• Audit procedures in a centralized IT organization:
• Review relevant documentation to determine if
individuals or groups are performing incompatible
functions.
• Review systems documentation and maintenance
records to verify maintenance programmers are not
designers.
• Observe to determine if segregation policy is being
followed.
15
17. Audit Procedures for the DDP
• Audit procedures in a distributed IT organization:
• Review relevant documentation to determine if
individuals or groups are performing incompatible
duties.
• Verify corporate policies and standards are published
and provided to distributed IT units.
• Verify compensating controls are in place when needed.
• Review system documentation to verify applications,
procedures and databased are in accordance with
standards.
16
18. The Computer Center
• Physical location:
• Directly affects risk of destruction from a disaster.
• Away from hazards and traffic.
• Construction:
• Ideally: single-story, solidly constructed with
underground utilities.
• Windows should not open and an air filtration system
should be in place.
• Access:
• Should be limited with locked doors, cameras, key card
entrance and sign-in logs.
17
19. The Computer Center
• Air conditioning should provide appropriate
temperature and humidity for computers.
• Fire suppression:
• Alarms, fire extinguishing system, appropriate construction,
fire exits.
• Fault tolerance is the ability of the system to continue
operation when part of the system fails.
• Total failure can occur only if multiple components fail.
• Redundant arrays of independent disks (RAID) involves using
parallel disks with redundant data and applications so if one
disk fails, lost data can be reconstructed.
• Uninterruptible power supplies.
18
20. Audit Procedures: The Computer
Center
• Auditor must verify that physical controls and
insurance coverage are adequate.
• Procedures include:
• Tests of physical construction.
• Tests of the fire detection system.
• Tests of access control.
• Tests of RAID.
• Tests of the uninterruptible power supply.
• Tests of insurance coverage.
19
21. Disaster Recovery Planning
• A disaster recovery plan is a statement of all actions
to be taken before, during and after any type of
disaster. Four common features:
• Identify critical applications:
• Short-term survival requires restoration of cash flow
generating functions.
• Applications supporting those functions should be
identified and prioritized in the restoration plan.
• Task of identifying critical items and prioritizing
applications requires active participation of user
departments, accountants and auditors.
20
22. Disaster Recovery Planning
• Create a disaster recovery team:
• Team members should be experts in their areas and
have assigned tasks.
• Provide second-site backup:
• Necessary ingredient in a DRP is that it provides for
duplicate data processing facilities following a disaster.
• Specify back-up and off-site storage procedures:
• All data files, applications, documentation and supplies
needed to perform critical functions should be
automatically backed up and stored at a secure off-site
location.
21
23. Second-Site Backups
• Mutual aid pact is an agreement between
organizations to aid each other with data
processing in a disaster.
• Empty shell or cold site plan involves obtaining a
building to serve as a data center in a disaster.
• Recovery depends on timely availability of hardware.
• Recovery operations center or hot site plan is a fully
equipped site that many companies share.
• Internally provided backup may be preferred by
organizations with many data processing centers.
22
24. DRP Audit Procedures
• To verify DRP is a realistic solution, the following
tests may be performed:
• Evaluate adequacy of backup site arrangements.
• Review list of critical applications for completeness.
• Verify copies of critical applications and operating
systems are stored off-site.
• Verify critical data files are backed up in accordance with
the DRP.
• Verify that types and quantities of items specified in the
DRP exist in a secure location.
• Verify disaster recovery team members are current
employees and aware of their assigned responsibilities.
23
25. Outsourcing the IT Function
• Benefits of IT outsourcing include:
• Improved core business processes.
• Improved IT performance.
• Reduced IT costs.
• Logic underlying outsourcing follows from core
competency theory which argues an organization
should focus on its core business competencies. Ignores
an important distinction between:
• Commodity IT assets which are not unique to an organization
and easily acquired in the marketplace.
• Specific IT assets which are unique and support an
organization’s strategic objectives.
24
26. Outsourcing the IT Function
• Transaction cost economics (TCE) suggests firms
should retain specific non-core IT assets in house.
• Those that cannot be easily replaced once they are given
up in an outsourcing arrangement.
• Cloud computing is location-independent
computing whereby shared data centers deliver
hosted IT services over the Internet. Offers three
primary classes of computing services:
• Software-as-a-Service (SaaS).
• Infrastructure-as-a-Service (IaaS).
• Platform-as-a-Service (PaaS).
25
27. Outsourcing the IT Function
• Virtualization has unleashed cloud computing.
• Network virtualization increases effective network
bandwidth, optimizes network speed, flexibility, and
reliability, and improves network scalability.
• Storage virtualization is the pooling of physical storage from
multiple devices into what appears to be a single virtual
storage device.
• Cloud computing not realistic for large firms.
• Typically have massive IT investments and therefore not
inclined to turn over their IT operations to a could vendor.
• May have critical functions running on legacy systems that
could not be easily migrated to the cloud.
• Commodity provision approach of the cloud incompatible
with the need for unique strategic information.
26
28. Risks Inherent to IT Outsourcing
• Failure to perform.
• Vendor exploitation.
• Outsourcing costs exceed benefits.
• Reduced security.
• Loss of strategic advantage.
27
29. Audit Implications of IT
Outsourcing
• Use of a service organization does not reduce
management’s responsibilities under SOX for
ensuring adequate IT internal controls.
• SSAE 16 replaced SAS 70 and is the definitive
standard by which auditors can gain knowledge
that processes and controls at third-party vendors
are adequate to prevent or detect material errors.
• Report provides a description of service provider’s
description using either the carve-out or the inclusive
method
28