ERP System Audit a Control Support For Knowledge Management

The ERP system supports most of the business system that maintains in a single database the data needed for a variety of business functions such as Manufacturing, SCM, Financials, Projects, Human Resources and CRM; the audit of this systems is necessary in order to give reasonable assurance to the company on its core system. Obtained evidence evaluation can ensure whether the organization's IT&C system safeguard assets, maintains data integrity, and is operating effectively and efficiently to achieve the organization's goals or objectives. The audit process respecting the methodology based on: gathering information and plan; obtaining an understanding of internal controls; performing test of controls and substantive tests, develop a control support on quality of flow of information and knowledge from formal perspective, for Knowledge Management in large enterprises.ERP systems, IT audit, information quality, knowledge management

BANKING INNOVATIONS RISK – PROFITABILITY RELATIONSHIP IN THE BANKING SYSTEM OF THE REPUBLIC OF MOLDOVA

The level of information technologies development in modern banks represents an essential factor in maintenance and consolidation of the position on the market. In this respect all Moldovan banks develop risk management policies with regard to banking IT’s and e-products and services, which they consider as the main part of banking innovations at the moment. The purpose of this article is to analyze each innovation (Information Security Services, Business Systems Controls, Business Continuity Management, IT Outsourcing, Information Systems Governance, IT Performance, Project Risk Management, IT Internal Audit) in terms of risks and benefits when these risks are managed properly.banking system, risk, information technologies

Information Systems Audit for University Governance in Bucharest Academy of Economic Studies

Today’s successful audit leaders never lose sight of the importance of continually assessing and improving the organizations’ university governance structure. Focusing on small and large mission, and using practical exercises and individual activities, the auditors will help gain the skills necessary to review and improve university governance structure, while developing techniques to assess risk management activities. Attendees will leave with an understanding of legal and regulatory guidelines as they pertain to university governance and discuss in-depth issues such as business ethics, transparency and disclosure, IT governance and university risks management. Identification, evaluation and management of university risks, is an important element of the university governance system. Today, the Bucharest Academy of Economic Studies is in a complex process to realize a university governance integrate information system. In context of this paperwork there are presented the main aspects for developing and implementing in actual phase information systems audit, to recognize the risks and establish the necessary measures to eliminate them.University Governance, IT Governance, IS Audit, Risks Management, Performance

THE IT AUDIT - A MAJOR REQUIREMENT FOR THE MANAGEMENT QUALITY AND SUCCESS IN THE EUROPEAN BUSINESS CONTEXT

A requirement for the improvement of the quality management for the Romanian companies that are integrated in the European environment is represented by the development of an informational partnership between the actors involved in the company network. This partnership must be characterized by credibility, conformity, performance and security. The IT&C system represent the hardware and software support of this partnership, and the IT audit is the process that certify it's conformity. In the audit process, the main accent is on the security audit due to the importance of the vulnerabilities, threats and IT risk analysis. The list of measures that are proposed at the end of the audit to company management should be incorporated in the company security policy, that is the starting point for the ISMS - Information Security Management System, part of the company general management system. The implementation of the Business Continuity and Disaster Recovery Plan is one of the most important measures in order to increase the confidence level of the business partners and to provide safe environment for business continuance.Management, IT&C Systems, IT Audit, ISMS, Security Policy, Business Continuity, Disaster Recovery Plan

How are Concerns about Errors and Ethics Related to Demands for Information Systems Audits?

What factors affect individuals\u27 demands that information systems (IS) audits are implemented in the organizations with which they do business? Using concepts and constructs from theoretical literature on individuals’ concerns about organizational information management practices, we build a theoretical model that can explain and predict individuals\u27 demand for information systems audit in organizations. Using data from U. S. university students, we empirically test two hypotheses using a multiple regression model. It was found that students’ concern about error in data and their concern about organizational ethics of information management positively affect students’ demand for IS audit at U. S. universities

Information Technology Auditing: A Value-Added IT Governance Partnership between IT Management and Audit

Information systems provide both the means for organizations to transact business and the ability to report the financial results of their operations. Information technology auditing is an integral part of corporate governance. However, information technology auditing is often looked upon as a “necessary evil” or is overlooked entirely by IT management We argue that IT audit activities can provide additional value beyond the primary objective of assurance, assuming the organization embraces IT governance partnerships between IT management and the audit function. We also analyze factors developed from field study research that suggest IT audits are special projects requiring a quality audit process and sound project management principles. These success factors, if managed properly, can lead to high-quality IT audit products (i.e., engagements) that could conceivably free audit resources for more value-added projects and enterprise oversight. We close with a discussion of future research directions

Change Management Controls Compliance With The Sarbanes-Oxley Act Of 2002: An Example From Practice

Publicly held firms and the assurance services industry are currently struggling with the implementation of standards set forth in the Sarbanes-Oxley Act of 2002 (SOX).  How to meet and assess SOX standards is considered by professionals to be uncharted territory.  This study reports the details of an actual SOX audit.  An international computer component manufacturing corporation engaged information system auditors from a Big 4 firm to determine whether change management procedures in two areas in their Finance Department were compliant with SOX.  Audit results indicated internal control deficiencies in the two areas audited.   SOX compliance was thus determined to be weak and unreliable.  In addition to reporting audit procedures actually used in practice to test SOX compliance, this case study presents key change management control procedures firms must have in place to be SOX compliant.  We provide helpful practical guidance for corporations and audit firms involved with SOX compliance audits.  In addition, this study has value for corporate internal control training sessions as well as general applicability for accounting information systems (AIS) and management information systems (MIS) courses.

Pengaruh Pemanfaatan Sistem Informasi Akuntansi Keuangan Daerah Dan Pemahaman Akuntansi Terhadap Kualitas Laporan Keuangan Dengan Internal Audit Sebagai Variabel Intervening

This study aims to determine and examine the impact of the application of regional financial accounting information systems and accounting understanding on the quality of financial reports with internal audit as an intervention variable at the Regional Financial and Asset Management Agency of the City of Surabaya. This research utilized quantitative methods. The study sample was taken from the Regional Financial and Asset Management Agency of the City of Surabaya with the total sampling method. The participants in this research were 35 participants consisting of staff in the accounting and treasury fields. The data analysis technique used is path analysis, hypothesis testing, inner model analysis and outer model analysis, with the help of SmartPLS 3.0. The results indicates that the use of regional accounting information systems had no meaningful impact on the financial statements quality. Accounting understanding has a positive and significant effect on the Quality of Financial Statements. Utilization of Regional Financial Accounting Information System has no meaningful impact on Internal Audit. Accounting understanding has a positive and meaningful impact on Internal Audit. Internal Audit has no meaningful impact ect on the Quality of Financial Statements. Utilization of the Regional Financial Accounting Information System has no meaningful impact on the Quality of Financial Reports through Internal Audit as an intervention variable. Accounting understanding has no meaningful impact on the Quality of Financial Statements through Internal Audit as an intervention variable.   Keywords : Regional Financial Accounting Information System, Accounting Understanding, Quality of Financial Reports, Internal Audit &nbsp

PERSEPSI AUDITOR EKSTERNAL: PERAN AUDIT MANAJEMEN DALAM MENILAI EFEKTIFITAS SISTEM INFORMASI AKUNTANSI

This study aims to determine the perception of the external auditors of the role of audit in assessing the effectiveness of management accounting information system. The population in this study is that there is in the Office of Auditor of Public Accountants in Palembang while the sample was determined by purposive sampling technique is the auditor who becomes the object of research is the auditor who conducted a management audit on the functioning of information systems. Data was collected using a questionnaire which spread to 8 public accounting firm in the city of Palembang. The results showed that the external audit management audit apparently found to have a role in improving the effectiveness of accounting information systems. Keywords: On the Management Audit Function Information Systems, Information System