Harnessing the Power of Continuous Auditing 5 pptx

... explain the formal documentation requirements of the approach. Do not confuse or combine the purpose statement with the detailed objective of the continuous auditing methodology. The continuous auditing ... will draw as a result of the focused testing performed. The strength of the audit and the recognized value of the work completed will be evidenced i...

Ngày tải lên: 20/06/2014, 20:20

... during the continuous auditing pro- gram. The objective of this document is to communicate the results of the specific audit work performed by documenting the purpose of the audit and assessing the ... defined set of ratings that take into consideration the overallrisktothebusinessidentifiedduringtheexecutionphaseofthe continuous auditing methodology. The consis...

Ngày tải lên: 20/06/2014, 20:20

... 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, ... department, and the business 144 & Continuous Auditing Reporting and Next Steps C09 11/ 25/ 2010 17:46: 35 Page 154 The approach review validates the...

Ngày tải lên: 20/06/2014, 20:20

... are a few of the myths along with the corresponding truths. Dispelling the Continuous Auditing Myths & 11 FFIRS 12/10/2010 14 :5: 48 Page 3 Harnessing the Power of Continuous Auditing Developing ... easily: 8 & Defining Continuous Auditing FLAST 11/23/2010 16:18:37 Page 17 Harnessing the Power of Continuous Auditing C01 11/23/2010 16:9:4 Pa...

Ngày tải lên: 20/06/2014, 20:20

... 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 is, the more useful the results. Also, ... 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

... 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...

Ngày tải lên: 20/06/2014, 20:20

... 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 ... understanding of the documented continuous auditing methodology. Confidence in these initial introductory communications is critical to the overall succe...

Ngày tải lên: 20/06/2014, 20:20

... address the opportunities for improvement identified during the execution phase of the conti nuous auditing methodology. xii & Preface FFIRS 12/10/2010 14 :5: 48 Page 3 Harnessing the Power of Continuous ... assistance during the devel- opment, implementation, and management of the continuous auditing methodology. Chapter 12 discusses the selling of the...

Ngày tải lên: 20/06/2014, 20:20

... will draw as a result of the focused testing performed. The strength of the audit and the recognized value of the work completed will be evidenced in the documentation of the fieldwork. Be certain ... detail. Transitioning from the purpose listed to the objective is like moving from the title of an article to the opening statement of the first paragraph. The...

Ngày tải lên: 20/06/2014, 20:20

... impacts the overall audit. Developing a Testing Objective In the continuous auditing methodology, the creation of the testing objective is crucial to the success of the development of the foundation ... than in the c ommunication of the continuous auditing objective. The objective has to be clearly conveyed from the responsible auditor who planned the...

Ngày tải lên: 20/06/2014, 20:20