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Auditing (Finance)

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ALSO CALLED: Auditing
DEFINITION: SAS 70 (the Statement on Auditing Standards No. 70) defines the standards an auditor must employ in order to assess the contracted internal controls of a service organization. Service organizations, such as hosted data centers, insurance claims processors and credit processing companies, provide outsourcing services that affect the operation of the contracting enterprise. The SAS 70 was developed by  … 
Definition continues below.
Auditing (Finance) Reports
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Rational Build Forge Value Estimator
sponsored by IBM
ASSESSMENT TOOL: Take two minutes to determine the value that Build Forge can provide your organization with the new Build Forge Value Estimator. This automation and visibility positively impacts your organization by reducing idle time, errors and rework. Try it today.
Posted: 04 Nov 2009 | Published: 04 Nov 2009


Reducing the Cost of Achieving PCI Compliance with Lumension® Compliance and IT Risk Management
sponsored by Lumension
WHITE PAPER: This whitepaper will examine PCI DSS and explain how Lumension® Compliance and IT Risk Management can help organizations reduce the cost of addressing compliance.
Posted: 06 Oct 2009 | Published: 06 Oct 2009


Cost Effective Security and Compliance with Oracle Database 11g Release 2
sponsored by Oracle Corporation
WHITE PAPER: With Oracle Database 11g powerful privileged user and multi-factor access control, data classification, and data masking, organizations can deploy reliable data security solutions that do not require any changes to existing applications, minimizing the costs associated with regulatory compliance and the deployment of strong internal controls.
Posted: 28 Sep 2009 | Published: 28 Sep 2009


Portal Authentication: A Balancing Act Between Security, Usability & Compliance
sponsored by PistolStar, Inc.
WHITE PAPER: This white paper discusses the problems with current authentication systems and the drivers that should be motivating organizations of all sizes to improve their access controls.
Posted: 26 Aug 2009 | Published: 26 Aug 2009


Authentication in the Enterprise: Current and Changing Requirements
sponsored by PistolStar, Inc.
WHITE PAPER: This white paper discusses the current state of authentication and trends that Osterman Research sees as shaping the future of authentication.
Posted: 25 Aug 2009 | Published: 25 Aug 2009


Continuous File Integrity Monitoring with Minimal System Impact and No Repeat Scans
sponsored by McAfee, Inc.
DATA SHEET: McAfee PCI Pro provides a comprehensive file integrity monitoring (FIM), audit trail and network configuration audit solution designed to help merchants and service providers quickly, easily and cost-effectively meet the following requirements of v 1.2 of the Payment Card Industry Data Security Standard (PCI DSS).
Posted: 18 Aug 2009 | Published: 18 Aug 2009


Banking on Confidence: 5 Core Competencies of Compliance
sponsored by Tripwire, Inc.
WHITE PAPER: Read this case study to learn how Rothschild Bank in Zurich has achieved banking and financial reporting regulatory compliance by getting a handle on change and getting down to basics - the five core competencies of compliance.
Posted: 30 Mar 2009 | Published: 30 Mar 2009


Using Configuration Audit & Control to Meet Compliance and Improve Operations
sponsored by Tripwire, Inc.
CASE STUDY: CAPITAL Card Services wanted a solution that could help automate compliance, improve best practices and reduce unplanned work to meet this requirement it turned on to Tripwire as a result Capital was able to reduced unplanned work by 75%.
Posted: 25 Sep 2008 | Published: 25 Sep 2008


Build Trust by Connecting Security Operations and Compliance
sponsored by Tripwire, Inc.
CASE STUDY: Check out this case study to learn how Vesta implemented Tripwire® Enterprise to continuously monitor IT infrastructure for all unauthorized change, which helps maintain known, trusted, and compliant system environments and ensure audit requirements are met.
Posted: 25 Sep 2008 | Published: 25 Sep 2008


Managing Assets with Numara® Track-It! (including Bar Code)
sponsored by Numara Software
WEBCAST: Listen to this Webcast to learn how to manage your company's assets. Also discussed is a solution that can help your organization address its IT asset management process issues through audit, auto-discovery and process tracking.
Posted: 01 Apr 2008 | Premiered: 01 Apr 2008

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AUDITING (FINANCE) DEFINITION (continued): …  the American Institute of Certified Public Accountants (AICPA) as a simplification of a set of criteria for auditing standards originally defined in 1988. Under SAS 70, auditor reports are classified as either Type I or Type II. In a Type I report, the auditor evaluates the efforts of a service organization at the time of audit to prevent accounting inconsistencies, errors and misrepresentation. The auditor also evaluates the likelihood that those efforts will produce the desired future results. A Type II report includes the same information as that contained in a Type I report; in addition, the … 
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