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Continuing Education

Understanding IT Audits for Program Managers and Auditors
Feb. 10, 2010
2 CPE Hours Available!

 

Feb. 10 Audio Conference Update
***Please note that the audio conference scheduled for Wednesday, February 10,. at 2 p.m. EST will be held. If you need to cancel your site, just let Maria Lucas know and we'll work out a credit arrangement toward a future audio conference.

AGA, in conjunction with the National Association of State Auditors, Comptrollers and Treasurers and the Association of Local Government Auditors, is pleased to announce a new and increasingly important topic to our audio conference schedule—understanding information technology audits.

Audits have been conducted for many years. Many years ago, audits were performed using paper as evidence. Financial statement preparation has undergone a massive change since the introduction of computers. As such, one can no longer perform an audit without thinking about Information Technology (IT). Whether one is performing a financial statement audit for a large federal agency, state or local government, or even for a large publicly traded company – IT must be incorporated into the audit. Program managers can benefit greatly from knowing what the auditors are expected to do.

This audio conference will not cover the technical aspects of IT; rather it will cover what elements of IT should be considered when performing an audit or being audited. The following questions shall be addressed:

1.      When should IT be incorporated into the audit?

2.      As a Program Manager, what should I look for in the external auditors’ materials?

3.      As a Program Manager, what should be in place and included in the audit to ensure that our department or organization is doing what is necessary?

4.      What laws and other regulations arise when concerning IT in an audit?

5.      Are there any resources for Program Managers to ensure that we are covered within the regulations?

6.      What IT methodologies are there and how do I get a copy?

7.      How many hours and how much of the budget should be allocated to IT?

8.      Am I always required to consider IT?

9.      Are Program Managers required to have IT resources on staff and how should they be trained?

Some of the following regulatory areas that will also be addressed:

  • SAS 55

  • SAS 99

  • SAS 103 – SAS 112

  • CFO Act of 1990

  • Accountability of Tax Dollars Act of 2002

  • OMB A-50, 123, 127, 130, and 133

  • GAGAS (Yellow Book)

  • FISCAM, CoBIT

To share his expertise in IT auditing is Jack Heyman, CGFM, CISA, CPA, who has nearly 15 years of technical and leadership experience providing internal controls, systems auditing, consulting, financial auditing and accounting services to Fortune 500 companies, accounting and consulting firms, and government agencies.  He offers hands-on experience leading and managing multiple engagements of varying scope and team composition.  Jack is a solution provider with extensive experience assessing, planning, staffing and managing engagements for a diverse range of clients.

Jack’s background includes operating his own consulting practice, serving as a senior manager within the internal audit department for a Fortune 500 company and manager for a Big 4 accounting firm.

Please join us for two hours of lively discussion about this important and timely topic. In addition to the speaker’s commentary, there will be approximately 20 minutes for Q & A so participants can ask the speaker questions and share their own experiences.

Date: Wednesday, February 10, 2010

Time: 2 – 3:50 p.m. Eastern Standard Time

Learning Objectives: To understand what elements of IT are important in an audit

Prerequisite: Familiarity with auditing

Advance Prep: None required          

CPE: Two credits

Field of Study: Auditing

Cost: $249 per site (UNLIMITED ATTENDANCE) if you register on or before Friday, Feb. 5 and $299 thereafter. SPECIAL PROMOTION: Government agencies and AGA Corporate Partner members who register five or more offices will receive a 20% discount (i.e., $200 per site)

To Register: Registration is now closed.

This audio conference offers important information to almost everyone in the accountability profession. Please share this program announcement with others in your government, chapters, educational institutions and private firms. Remember, there is no limit to attendance per phone site. If you have any questions regarding registration, please contact Maria Lucas at 1-800-242-7211 ext. 308 or mlucas@agacgfm.org. Questions regarding the program should be directed to Raymond Harris at ext. 339 or rharris@agacgfm.org.

 

 

 

 

 

 

 

 


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