barcode generator in vb.net 2005 1: Building an Effective Internal IT Audit Function in Software

Encoder QR Code 2d barcode in Software 1: Building an Effective Internal IT Audit Function

1: Building an Effective Internal IT Audit Function
Creating QR Code 2d Barcode In None
Using Barcode creator for Software Control to generate, create QR Code JIS X 0510 image in Software applications.
Reading QR Code In None
Using Barcode reader for Software Control to read, scan read, scan image in Software applications.
It seems that objective is perhaps a more appropriate word than independent when describing an internal auditor s behavior Objectivity requires that the auditor be unbiased and that he or she not be influenced by personal feelings or prejudice Although the internal auditor, by definition, is not really independent, it is fair to expect him or her to be objective Good auditors are able and willing to put their personal feelings aside during an audit and view circumstances in an unbiased fashion To maximize their effectiveness, internal auditors should capitalize on their lack of independence In other words, instead of doing their best to sit in an ivory tower and pretend that they re not part of the everyday business, they should leverage their knowledge of the business No external audit firm can bring the depth of knowledge of the company s operations to bear during audits that a properly constructed internal audit group can If you refuse to get involved and be a part of what s going on in the company, and if you refuse to hire auditors with prior knowledge of the company s business and operations, all you re doing is making it easy for management to outsource the audit function NOTE As an auditor, you need to show the board and senior management that they could never hire an outside firm that would have the knowledge of and relationships within the company that you doYou need to prove that using your internal auditors offers the company a competitive advantage Otherwise, you re just a bottom-line cost, and if management can perform the function for a lower cost with another provider, that is what they ll do PART I
Print QR Code 2d Barcode In C#
Using Barcode printer for .NET Control to generate, create Denso QR Bar Code image in .NET applications.
Painting QR Code 2d Barcode In Visual Studio .NET
Using Barcode generation for ASP.NET Control to generate, create QR Code 2d barcode image in ASP.NET applications.
Consulting and Early Involvement
Generating QR-Code In Visual Studio .NET
Using Barcode generator for Visual Studio .NET Control to generate, create QR Code JIS X 0510 image in VS .NET applications.
Encode QR Code In Visual Basic .NET
Using Barcode creator for Visual Studio .NET Control to generate, create QR Code image in VS .NET applications.
There s more to being an auditor than auditing Although performing formal audits is a critical and necessary function of the audit department, the cost of correcting issues and adding controls post-implementation is significantly higher than the cost of doing it right the first time In terms of independence, there is no difference between providing an assessment of a system or solution prior to implementation and providing an assessment after implementation There is a difference, however, in how much value the auditor is adding to the company NOTE Just like quality, internal controls need to be built in up front
Generating USS-128 In None
Using Barcode creator for Software Control to generate, create GS1 128 image in Software applications.
EAN / UCC - 13 Creator In None
Using Barcode maker for Software Control to generate, create EAN13 image in Software applications.
Unfortunately, many auditors use independence as an excuse not to add value and not to provide opinions You can be independent and still work side-by-side with your fellow employees to help them as they develop a solution to an internal control problem Being independent doesn t mean that you can t provide an assessment of controls within a system prior to deployment Time and time again, you ll see internal audit departments that refuse to provide guidance and input to teams that are developing new systems or processes They say that they can t provide input on the controls within the system because to do so means that they ll no longer be independent They say, How can you audit something if you ve already signed off on the controls This is a great way to avoid work, but it is utter nonsense
Encoding Barcode In None
Using Barcode generation for Software Control to generate, create bar code image in Software applications.
Barcode Encoder In None
Using Barcode creation for Software Control to generate, create barcode image in Software applications.
IT Auditing: Using Controls to Protect Information Assets, Second Edition
Code 128A Creation In None
Using Barcode creation for Software Control to generate, create Code 128 Code Set B image in Software applications.
Printing UPC-A In None
Using Barcode generation for Software Control to generate, create GTIN - 12 image in Software applications.
Many auditors are terrified when they are asked for a pre-implementation opinion What if they give bad advice Then they are as responsible for the control failure as the IT folks who implemented the system Surely it s better to say nothing and let the IT people sink or swim on developing controls, right The auditors always can audit them later and tell them where they screwed up This is a ridiculous scenario, but, unfortunately, it happens all the time It s wrong for the company, and it s wrong for the auditor Auditors need to be willing to step up to the plate and provide input Whether you provide an opinion before implementation or after, you still should be providing essentially the same input How does providing such input this week damage your independence, whereas providing it next week (after implementation) doesn t do the same There s no logic to it Is there a chance that you might miss something or give bad advice with such upfront involvement Of course Just as there s a chance during any traditional audit that you might miss something or offer bad advice There s always a risk, but you need to get over it and do your best NOTE A key question relates to the future independence (or objectivity) of the auditor who performed the upfront consulting work Can the auditor be allowed to audit the system in the future Or is this person compromised by the fact that he or she signed off on the controls and won t want to look bad by admitting that something was missed This is worth considering, but we all need to reserve the right to get smarter and not apologize if a postimplementation audit results in an issue being raised that we didn t consider pre-implementation The auditor who was involved before implementation is going to be your most knowledgeable resource for a post-implementation audit It seems a shame not to use this resource Who is better suited to perform a detailed audit than the person who was involved with the project team in the first place If the auditor s objectivity is questionable, you might consider making him or her a team member but not the team leader This will provide an extra layer of review over the auditor s work to ensure that the person is not being unduly influenced by prior work When it comes to working with teams before implementation, some lines shouldn t be crossed The auditor generally should be involved with the team in an advisory capacity, which can and should include being involved in detailed discussions regarding how the internal controls are going to be designed The auditor should not be afraid to brainstorm with the team about how the controls should work However, this should not include actually executing the control, writing the code for implementing it, or configuring the system You can t both own the control and audit it, but you should feel comfortable providing as much input as possible regarding what the control should look like To do less is just limiting your ability to do what you are paid to do, which is to improve the quality of the company s internal controls
Paint ANSI/AIM ITF 25 In None
Using Barcode creator for Software Control to generate, create I-2/5 image in Software applications.
Code 128 Code Set B Generator In None
Using Barcode creator for Font Control to generate, create Code 128 Code Set A image in Font applications.
Creating Barcode In Visual C#.NET
Using Barcode printer for Visual Studio .NET Control to generate, create barcode image in .NET framework applications.
Generating Barcode In Visual Studio .NET
Using Barcode encoder for VS .NET Control to generate, create barcode image in Visual Studio .NET applications.
Code 39 Printer In VS .NET
Using Barcode generator for Reporting Service Control to generate, create Code 3/9 image in Reporting Service applications.
EAN 128 Generator In Java
Using Barcode drawer for Java Control to generate, create EAN128 image in Java applications.
USS Code 39 Generator In None
Using Barcode generator for Font Control to generate, create Code 39 Full ASCII image in Font applications.
Code 128A Encoder In Visual Basic .NET
Using Barcode creator for .NET Control to generate, create Code-128 image in .NET applications.
Copyright © OnBarcode.com . All rights reserved.