Auditors are facing the vast challenge of working and keeping up-to-date with such sophisticated ERP technologies. In ERP systems, operational and financial data are tied together through a complex information flow. Transactions can be automatically entered without review or pre-checking with the ERP system. ERP Auditing specializes in helping companies better understand fully the risks associated with their ERP system and the controls that are needed to respond to those risks. Auditors have found that they must expand their technological knowledge and skills, devise more effective audit approaches by taking advantage of technology, and design different types of audit tests to respond to new business processes. Highly skilled technology specialists will become even more essential members of audit engagement teams. To become an ERP auditor, you need to learn ERP (such as SAP and Oracle) and CAATs (such as JCAATs, ACL, IDEA, etc.).
Course Outline
Fundamental
24 CPE Credits
Understanding Enterprise Resource Planning (ERP) Legal and Ethical Issues for Computer Auditors Access and Extract Data from ERP Environment Workshop: Computer Auditing for Phantom User Account in the ERP Workshop: Computer Auditing for Duplicate Payment in the ERP Workshop: Computer Auditing for Split Transaction in the ERP Audit Automation and Continuous Auditing in ERP Environment
Advanced
16 CPE Credits
Computer Auditing Project Planning for ERP Case Study: Computer Auditing for Purchase to Pay Cycle in the ERP Case Study: Computer Auditing for Order to Cash Cycle in the ERP Case Study: Computer Auditing for SOD in the ERP Hands-on Experiment and Course Project
Recommended Training Methodology
These causes are practical training courses. The course must choose a CAATs, such as JCAATs, ACL, IDEA, etc., and an ERP, such as SAP, Oracle, JDE, etc. as the course major tools to teach students. The use of case studies and projects are highly recommended. After the fundamental course, students can join an examination to earn a CEAP designation.
Prerequisite Knowledge
Specifically, students must thoroughly understand CAATs and ERP.
ICAEA--International Computer Auditing Education Association
Understanding Enterprise Resource Planning (ERP)
