Group On-site and Virtual Course Catalog

Course Details: FISCAM -- 2 Days

As part of auditing federal financial statements, it is necessary to understand internal control and assess the systems, applications and databases that map to the significant line items on the financial statements. This course addresses the mechanics of performing general and application controls reviews, while applying the various regulatory and authoritative requirements. The course uses the Federal Information System Controls Audit Manual (FISCAM) methodology for performing such reviews. While the course focuses on IT, it is tailored for financial auditors wishing to understand the IT steps in support of financial statement audits.

Learning Objectives

This course covers:

  • Introduction to general and application controls reviews
  • General controls reviews: security management, access, configuration management, segregation of duties and contingency planning
  • Application controls reviews: understanding the application, application-level general controls, business process controls and interface controls

Questions?

catalogcourses@agacgfm.org or 703.684.6931, ext. 303.