Objective:
- Outline key functions in preventive controls
- Identify essential elements of an effective internal control system
- Categorize major fraud schemes
- Illustrate a fraud risk assessment
- Discuss organizational preventive controls
- Use controls to prevent specific fraud schemes
- Evaluate preventive controls and corrective deficiencies
- Express limitations of internal controls
Content:
Auditing IT Governance Controls
- IT Governance
- IT Function and Structure
- The Computer Center
- Disaster Recovery Planning
- Outsourcing
Auditing Data Base Systems
- Data Management Approaches
- Key Elements of the Database Environment
- Databases in a Distributed Environment
- Controlling and Auditing Data Management Systems
Systems Development and Program Change Activities
- Participants in Systems Development
- Information Systems Acquisition
- The Systems Development Life Cycle
- Controlling and Auditing the SDLC
Transaction Processing and Financial Reporting Systems Overview
- Overview of Transaction Processing
- Documentation Techniques
- Computer-based Accounting Systems
- Data Coding Schemes
- The General Ledger System
- The Financial Reporting System
- Controlling the FRS
Auditing the Revenue Cycle and the Expenditure Cycle (emphasizing the technologies and risks)
- Revenue Cycle Activities and Technologies
- Revenue Cycle Audit Objectives, Controls, and Tests of Controls
- Substantive Tests of Revenue Cycle Accounts
- Expenditure Cycle Activities and Technologies
- Expenditure Cycle Audit Objectives, Controls, and Tests of Controls
- Substantive Tests of Expenditure Cycle Accounts
Enterprise Resource Planning Systems
- ERP configurations
- Data Warehousing
- Associated Risks
- Implications for Internal Control and Auditing
- Cloud Computing
Business Ethics, Fraud and Fraud Detection
- ISACA Code of Ethics
- Ethical Issues
- Fraud and Accountants
- Auditor’s Responsibility for Detecting Fraud
- Fraud Detection Techniques
For Whom:
- Internal Audit/ Quality Assurance
- Risk Management / Audit/Assessment
- Compliance /Finance Officers
- External Audit /Internal Control