Product Image

IT Risks and Controls in Current and Emerging Environments

Author/Moderator: Glenn Helms Ph.D., CPA, CIA, CISA, CITP, CFF
Publisher: AICPA
Availability: Online Access
See Below To Add To Cart
View Online Catalog
Divider
Print This Page
Divider
Available Formats:  On-Demand | See All

Accounting transactions and other types of processing are conducted in a variety of information technology environments. These IT environments could be traditional, such as local area networks, or emerging, such as cloud and mobile computing.

This CPE course covers the risks and internal controls that are common to all IT environments in both large and small entities, as well as IT internal controls and risks that are unique to environments of varying levels of complexity.

In addition, the course will cover the following topics: Trust services, Service Organization Control Reports®, the Internet, cloud and mobile computing, testing procedures, management controls, electronic evidence, COSO IT controls, and the most recently ranked top technologies.

Learning Objectives:
This course will prepare you to:

  1. Identify internal control components and main points regarding technology general controls per COSO's 2013 Internal Control-Integrated Framework
  2. Recall applicable auditing standards related to IT considerations in a system of internal control
  3. Recall IT general control concepts
  4. Recognize the impact of weaknesses in general controls on various sized entities, specifically, smaller, less complex entities
  5. Identify the relationship between manual and IT application controls
  6. Recall key definitions, components, and risks relating to information technology environments
  7. Recall examples of common e-commerce risks and related controls
  8. Identify risk assessment procedures applicable to IT during an audit
  9. Identify risks related to cloud and mobile computing and methods to mitigate these risks

Key Topics:

  1. COSO framework and IT
  2. Types of IT controls
  3. IT application controls
  4. Information technology environments
  5. E-commerce, cloud computing, and trust services
  6. Service Organization Control Reports and AU-C section 402
  7. IT risk assessment and other auditing procedures
  8. Cloud and mobile computing and other current topics

Who Will Benefit?

  1. Auditors, managers, and internal auditors in nonpublic companies, not-for-profits, and government agencies

Prerequisite: Working knowledge of internal control and IT

Advance Preparation: None

IMTA Section Members Receive 20% off!
When you log into this website with your AICPA member user account, the section discount will be automatically applied during checkout.
NASBA Field of Study: Accounting and Auditing
Level: Intermediate
Recommended CPE Credit: 6.5
To receive your AICPA member discount, Sign In now, or Register using your AICPA membership number.