The accounting profession is drawn to the explosion of relevant IT knowledge, ongoing advancements and increasing complexity of business information systems. Globalization of e-commerce, the proliferation of business regulations, and the complex nature of business transactions have created a dynamic business operating environment that requires CPAs to continuously enhance their competency in the field of Information Technology. (NASB - Restated)
Our technical team will help you to navigate the the process of examining and reporting on cloud-based systems based on the methodology defined in the CLOUD Financial Auditing Framework. The 3 step process summarized in the slides below enables auditors to carry out due diligence when attesting to financial statements that are generated in the cloud, assessing the performance of cloud-based systems, and determining whether an entity complied with regulatory requirements.
Our technical team will help you to navigate the the process of examining and reporting on cloud-based systems based on the methodology defined in the CLOUD Financial Auditing Framework. The 3 step process summarized in the slides below enables auditors to carry out due diligence when attesting to financial statements that are generated in the cloud, assessing the performance of cloud-based systems, and determining whether an entity complied with regulatory requirements.