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      Continuous Auditing & Monitoring Training Seminar in New York

      • Continuous Auditing & Monitoring Training Seminar Photo #1
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      December 10, 2019

      Tuesday   8:30 AM - 5:00 PM

      Penn Plaza Complex - Regus Office Facility 5 Penn Plaza 23rd Floor Manhattan, NY
      New York, New York 10001

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      Continuous Auditing & Monitoring Training Seminar

      Continuous Auditing & Monitoring Training Seminar
      About this Event
      Continuous monitoring and auditing involves performing control and risk assessments on a frequent basis, if not virtually in real-time. As technology has improved there has been an increased adoption of continuous auditing as a vital monitoring tool. This seminar walks through the process of continuous auditing from start to finish and prepares you to create your own customized continuous audit program.

      This comprehensive seminar provides unique training on how to design, implement and improve a continuous auditing and monitoring approach for auditors. We present examples from our clients and specific controls to establish for monitoring on a regular basis. This continuous approach provides more timely assessment of the operation of internal controls.

      Continuous auditing has changed the internal auditing paradigm from periodic reviews of a small sample of transactions to ongoing audit testing of volumes of transactions. This CPE seminar focuses on identifying what must be done to make effective use of information technology in support of continuous auditing.

      This timely, one-day CPE seminar is designed for internal audit management, compliance managers, controllers, CFO's and others who have to create value within the internal audit function.

      Seminar Highlights

      - Continuous Auditing Methodology Defined

      - Best Practices in the Internal Audit Function

      - Steps to implement a continuous auditing program

      - Value of continuous auditing and monitoring

      - Application to Sarbanes-Oxley testing

      - Review of automated audit tools: IDEA, ACL, Approva, etc.

      Learning Objectives

      - Attendees will understand the continuous auditing concepts

      - Attendees will see how to improve interperiod controls monitoring

      - Attendees will learn how to use a continuous auditing approach

      - Attendees will improve cost-effectiveness of their internal audit function

      Key Issues on the Agenda


      Section 1 - Introduction and Definitions

      - Do you use personal continuous auditing & monitoring?

      - What is Continuous Monitoring (CM)?

      - What is Continuous Auditing (CA)?

      - What is assurance?

      - What is continuous assurance?

      - "The Inverse Relationship"

      - COSO 2013 - Seventeen Integrated Principles

      Section 2 - Client Examples of CAM Systems

      - Monitoring a financial database

      - Monitoring a fleet

      - Banking regulatory reporing

      - Retail dashboards

      - IT security administration

      - Disbursement fraud

      - Call Center operations

      Section 3 - Software Market Leaders

      - Traditional approach to auditing

      - Benefits of a CAM program

      - Auditor tools

      - Substantive testing

      - Internal Control testing

      - Challenges and other considerations

      Section 4 - Evaluating the "Build" or "Buy" Decision

      - If we build it we own it

      - General Audit software

      - Buy criteria

      - Substantive testing

      - Internal Control testing

      - Challenges and other considerations

      Section 5 - Designing the Continuous Auditing Program

      - Culture and politics

      - Are you ready for continuous auditing? - Challenges of implementation

      - Define the objectives

      - Project management techniques

      - Identity risks, controls and audit tests

      - Establish data use requirements

      - Pilot the system

      - Refine the system

      - Report and "manage" results

      Section 6 - Implementing Continuous Auditing for Sarbanes-Oxley Act Compliance

      - Sarbanes-Oxley Act

      - SEC focus on "ICFR"

      - SOX Guidance

      Section 7 - Implementing Continuous Auditing for Information Technology

      - Access security

      - Development, change, and implementation

      - Operations, backup, restoration and recovery

      - IT vendor management

      Section 8 - Implementing Continuous Auditing for Financial Control and Fraud

      - Occupational Fraud

      - Areas of Fraud

      - Excluded parties listings

      - Financial transactions and fraud

      Section 9 - Case Study Example

      - IDEA and Monitor

      - Usage Examples

      Section 10 - Summary and Wrap-up

      Corporate Compliance Seminars has been created by experts who enjoy providing CPE classroom training, workshops and consulting on internal controls, internal auditing and accounting related subjects. We have focused on SOX, COSO, PCAOB, COBIT, GRC, IFRS, AICPA, GAO and IIA Standards.

      Our programs are CPE for professionals with CPA, CGA, CIA, CFE, CISA, CMA and CA designations.

      Corporate Compliance Seminars presents CPE to auditors, compliance and IT professionals, Boards of Directors and Audit Committees. We examine the details of risk management, Sarbanes-Oxley Act compliance, Model Audit Rule compliance, auditing, internal controls, IT security and compliance, and fraud prevention and detection.

      Corporate Compliance Seminars allows the attendee to earn Official NASBA CPE credit.

      Our seminars focus on the details of the Sarbanes-Oxley Act of 2002 (SOX), Internal Controls over Financial Reporting (ICFR), Committee of Sponsoring Organizations of the Treadway Commission (COSO) Internal Control Frameworks, ISACA's Control Objectives over Information Technology (COBIT), Information Technology Infrastructure Library (ITIL), Open Compliance & Ethics Group's (OCEG) Governance, Risk & Compliance (GRC) methodology, PCAOB's Auditing Standard 5 (AS5), AICPA auditing standards and the future conversion from GAAP to the International Financial Reporting Standards (IFRS).

      Our seminars provide CPE for the CPA, CFE, CIA, CISA, auditors and others with effective and engaging training.

      Categories: Conferences & Tradeshows

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