Internal Controls

#119 | ITGC Shared Folder Access Review – Good Documentation

Hello, everyone! In this session, I am going to share with you how to document a shared folder access review. Taking the perspective of the business process owner or the IT person doing the review, there are 3 steps that should be done to ensure the documentation is accurate and complete. After taking a screenshot [...]

By |2017-11-28T17:35:04+00:00November 28th, 2017|Internal Controls|0 Comments

#118 | ITGC- System Change (Audit) Log Review

Hello, everyone! In this session, I'm going to be reviewing how to document a system change for audit log review. For those familiar with Change Management, you know that we need to monitor what changes have made to the database or to an ERP system in an audit or change log. I'm going to walk [...]

By |2017-11-21T14:37:13+00:00November 21st, 2017|Internal Controls|0 Comments

#7 | Part 7 – Antidote to the Wire Fraud Epidemic; Treasury Controls Prevent Fraud

Welcome to the final part of Antidote to the Wire Fraud Epidemic which focuses on how you fight fraud with treasury controls. As you remember, we have discussed: What’s happening; How the scam works; How this scam is so successful; & Controls to implement: 3 entity level controls, 4 AP controls, and 5 IT controls [...]

By |2017-07-27T16:25:07+00:00November 3rd, 2015|Internal Controls|0 Comments

#6 | Part 6 – Antidote to the Wire Fraud Epidemic; IT Controls

We are now in part 4 of Antidote to the wire fraud epidemic and we’re focusing on how you fight it with practical IT controls with: Upgrade your email account log on to two factor authentication Run an antivirus on your computer Use complex passwords everywhere and changing them often Encrypt your hard drive Be [...]

By |2017-07-27T16:25:14+00:00October 27th, 2015|Internal Controls|0 Comments

#5 | Part 5 – Antidote to the Wire Fraud Epidemic; How to Prevent Wire Fraud with AP Controls

We are on Part 5 of Antidote to the Wire Fraud Epidemic. As you will remember from our previous segments, we talked about: What’s happening with the Wire Fraud Epidemic; How this scam works; and Why this scam is so successful. And now we focus on how do you fight it? This segment is on accounts [...]

By |2017-07-27T16:25:29+00:00October 20th, 2015|Internal Controls|0 Comments

#4 | Part 4 – Antidote to the Wire Fraud Epidemic; How to Prevent Wire Fraud with Entity Level Controls

Welcome back to part 4 of Antidote to the Wire Fraud Epidemic. In this segment, we talk about how you fight this fraud and specifically focus on: Entity level controls; Implement or update an Authority Matrix; Review and approve non-standard contracts [...]

By |2017-07-27T16:25:38+00:00October 13th, 2015|Internal Controls|0 Comments

#3 | Part 3 – Antidote to the Wire Fraud Epidemic; Why is the Scam So Successful?

This is the third installment in the Antidote to the Wire Fraud Epidemic series. The first two segments covered what is happening with wire fraud and how these attacks happen. In this segment, we will take a look at the reason why this scam has proven to be very successful. Scammers are using social engineering [...]

By |2017-07-27T16:25:46+00:00October 6th, 2015|Internal Controls|0 Comments

#2 | Part 2 –Antidote to the Wire Fraud Epidemic; How Does the Scam Work?

Welcome back to Antidote to the Wire Fraud. In part 1, I shared what is happening, the impact of it, and the disclosures of some very public companies and how much they’ve lost. This is part 2 and we are sharing with you what we have seen at our clients and at companies that we [...]

By |2017-07-27T16:25:53+00:00September 29th, 2015|Internal Controls|0 Comments

#1 | Part 1 -Antidote to Wire Fraud Epidemic; What’s Happening?

Welcome to part 1 of the Antidote to the Wire Fraud Epidemic series. One of our firm’s specialties is internal controls and SOX compliance. Today, we want to share with you some of the recent events that we’ve been seeing across all of our clients, large and small, and how you can use this information [...]

By |2017-07-27T16:26:00+00:00September 22nd, 2015|Internal Controls|0 Comments