Harnessing the Power of Continuous Auditing 2 pptx

... C03 11 /24 /20 10 8:49:57 Page 26 3 CHAPTER THREE Continuous Auditing Methodology Development CONTINUOUS AUDITING METHODOLOGY In an effort to expedite the documentation of the continuous auditing ... risk-based audit in 26 C03 11 /24 /20 10 8:49:57 Page 28 for the implementation and maintenance of its specific continuous auditing program. The aim of the...

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... the overallrisktothebusinessidentifiedduringtheexecutionphaseofthe continuous auditing methodology. The consistent application of the standard report ratings is one of the biggest challenges auditors face when developing the overall opinion. The goal of ... during the continuous auditing pro- gram. The objective of this document is to communicate the results...

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... because of the recurring nature of the testing and the targeted focus on the testing performed. Given the challenging time frames associated with the execution phase of the continuous auditing program, ... critical in the communication of the results of the continuous auditing program. However, there is always the risk that an action plan is developed t...

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... easily: 8 & Defining Continuous Auditing FLAST 11 /23 /20 10 16:18:37 Page 17 Harnessing the Power of Continuous Auditing C01 11 /23 /20 10 16:9:4 Page 11 objectives. For one, the application of continuous auditing ... Conditions 20 1 Summary 20 6 Chapter 12: Selling Continuous Auditing 20 8 Selling 20 8 Business Unit Management 20 9 Audit Team 21 5 Exte...

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... the audit 54 C05 11 /24 /20 10 9:14 :22 Page 72 To further enhance the monthly testing frequency for your continuous auditing program, the ‘‘6-9- 12 ’ methodology is the recommended frequency. The ... impact on the business unit. This could not be further from the truth. The fact of the matter is, the more direct and focused the continuous auditing objective...

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... validation targeted by the continuous auditing program. The goal of the approach review is to ensure that there is a direct link among the critical components of the continuous auditing methodology: ... differentiate between the condition and the cause. That is why the five-component approach is so critical in the communication of the results of the conti...

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... objective development of the auditing methodology and focus of the audit to be completed. In the continuous auditing methodology, the approach focuses on validation of the performance of the key control ... increase the use of technology Internal Audit Conditions & 193 C11 11 /25 /20 10 17:49 :26 Page 1 92 understand how technology can help in the execut...

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... Conditions 20 1 Summary 20 6 Chapter 12: Selling Continuous Auditing 20 8 Selling 20 8 Business Unit Management 20 9 Audit Team 21 5 External Clients 22 0 Summary 22 2 Chapter 13: Continuous Auditing Challenges ... Challenges 22 3 Challenges 22 3 Internal Audit Department 22 4 Client 23 0 Summary 23 3 Chapter 14: Continuous Auditing Uses and Users 23 5 Uses and Users...

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... Requirements & 29 C03 11 /24 /20 10 8:49:57 Page 26 3 CHAPTER THREE Continuous Auditing Methodology Development CONTINUOUS AUDITING METHODOLOGY In an effort to expedite the documentation of the continuous auditing ... departments. 42 & Preparing for a Continuous Audit C 02 11 /24 /20 10 8: 42: 24 Page 17 there is c onsistency of application of the...

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... C05 11 /24 /20 10 9:14 :22 Page 72 To further enhance the monthly testing frequency for your continuous auditing program, the ‘‘6-9- 12 ’ methodology is the recommended frequency. The ‘‘6-9- 12 ’ methodology ... impacts the overall audit. Developing a Testing Objective In the continuous auditing methodology, the creation of the testing objective is crucial to the...

Ngày tải lên: 20/06/2014, 20:20