the board. An Audit Risk and Compliance Committee was created to circumvent the potential loss from subsequent risk. This committee was further divided into‚ the Strategic Risk Committee‚ responsible for strategic risk and the Audit and Compliance Committee‚ responsible for complying with risk policies and procedures determined by the board. This group ensures risk management aligns with company strategy and they liaise closely with the Risk Management Department‚ the Internal Audit Department and
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INTRUSION DETECTION AS A NETWORK FORENSIC TOOL Lecture by Peter Stephenson‚ CPE‚ PCE Director of Technology‚ Netigy Corporation‚ San Jose‚ California PhD Research Student‚ Oxford Brooks University‚ Oxford‚ UK ABSTRACT: The concepts of intrusion detection and forensic analysis often are not considered together‚ even though the intrusion detection system (IDS) is the most likely candidate for gathering information useful in tracing and analyzing a network-based computer security incident.
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inherent risk and control risk at Queen Island Dairy. The preliminary assessment of risk‚ also known as the risk assessment phase‚ is the initial step in an audit that includes gaining an understanding of the client and identifying potential risk factors whilst developing an audit strategy and setting planning materiality. There are three key steps in the risk assessment phase‚ being; gaining an understand of the client‚ identifying potential risks and strategies to prevent or control such risks‚ and
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Chapter 10 Section 404 Audits of Internal Control and Control Risk Review Questions 10-1 Management typically has three broad objectives in designing an effective internal control system. 1. Reliability of Financial Reporting Management is responsible for preparing financial statements for investors‚ creditors‚ and other users. Management has both a legal and professional responsibility to be sure that the information is fairly presented in accordance with reporting requirements
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COCHIN UNIVERSITY OF SCIENCE AND TECHNOLOGY COCHIN – 682022 2010 Seminar Report On PLAGIARISM DETECTION TECHNIQUES Submitted By Sangeetha Jamal In partial fulfillment of the requirement for the award of Degree of Master of Technology (M.Tech) In Software Engineering ABSTRACT Plagiarism refers to “the act of copying materials without actually acknowledging the original source”. Plagiarism has seen a widespread activity in the recent times. The increase in the number of
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DESIGN OF AN EMBEDDED SYSTEM FOR THE DETECTION OF TSUNAMI A THESIS SUBMITTED IN PARTIAL FULFILMENT OF THE REQUIREMENTS FOR THE DEGREE OF Bachelor of Technology In Electronics and Communication Engineering By Sidharth Das Roll No: 108EC014 & BiramBaburayBaskey Roll No: 108EC017 Department of Electronics and Communication Engineering National Institute of Technology‚ Rourkela May‚ 2012 1|P ag e DESIGN OF AN EMBEDDED SYSTEM FOR THE DETECTION OF TSUNAMI A THESIS SUBMITTED IN
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* Subject Synopsis This course introduces the elements of auditing. It discusses the principles and procedures of auditing‚ types of audits‚ scope and objectives of auditing. It also covers professional ethics in auditing‚ audit evidences‚ audit planning and various other aspects of auditing. Moreover it gives knowledge about objectives of doing audit. The course also aims to explain the liability and responsibility of the auditor and how the computerised environment effects the business environment
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PROCESSING APPLIED TO TRAFFIC – QUEUE DETECTION ALGORITHM [pic] ABSTRACTh This paper primarily aims at the new technique of video image processing used to solve problems associated with the real-time road traffic control systems. There is a growing demand for road traffic data of all kinds. Increasing congestion problems and problems associated with existing detectors spawned an interest in such new vehicle detection technologies. But the systems have difficulties
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Q1 - What is the relationship between the risk assessment process and the collection of audit evidence? The risk assessment process happens at the very beginning of the engagement and is to determine the level of risk present in the company. The risk assessment phase is when the auditor assess the client’s situation‚ conducts an independence threat analysis and decides whether to accept the client or not. The risk assessment is influenced by various factors such as the degree to which external
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Illustrative Audit Case: Keystone Computers & Networks‚ Inc. Part III: Substantive Tests—Accounts Receivable and Revenue This part of the audit case illustrates the manner in which the auditors design substantive tests of balances. The substantive tests are illustrated for two accounts—receivables and revenue. This aspect of the audit is illustrated with the following audit documentation: • ABC’s risk assessment working paper that combines the auditors’ assessments of inherent and control risks into an
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