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Audit Trail

Audit Trail
Audit Trail is the official blog of Approva- tracking the latest news, opinions and trends in governance, risk and compliance. Audit Trail provides visitors with informed views on issues that matter to finance, compliance and audit professionals.
Articles: 1, 2, 3, 4

Articles

Daily News: Maximize Your Value on Internal Controls
2007-06-22 18:38:00
Section 404 calls for internal controls, as we all know. And, this article draws the not unreasonable conclusion that RFID provides an operational tool that enhances internal controls. Audit Trail sat down with Approva?s COO, Rick Cobb, yesterday for a talk about governance, risk and compliance. While we talked about SOX, a good portion of ...
More About: News , Daily , Daily News , Internal , Value
Reducing the Cost of Compliance Down in the Trenches
2007-06-14 20:54:00
Air travel never ceases to amaze me. Hop in an airplane and soon you?re 30,000 feet up in the sky skimming the clouds, blissfully unaware of what?s happening below you. Reading most of the press coverage on the legislative and regulatory struggle to pare back the more onerous portions of SOX isn?t so different. A ...
More About: Cost , Compliance , Redu
Sarbanes-Oxley, Four Blind Men & The Elephant
2007-06-13 23:57:00
No, this isn?t a new children?s book out to help teach kids the premise of Sarbanes-Oxley legislation (although, teaching kids early about business ethics could be a good idea). Today?s Sarbanes-Oxley Compliance Journal featured ?The Blind Men and the SOX Elephant ? ? which includes an old East Indian story about four blind men describing ...
Showing Approva Some Love
2007-06-06 17:26:00
Looks like we aren?t the only ones who Love A Good Audit. Dedicated readers know we?ve been spreading the audit love throughout the industry, and now it looks like it?s catching. At last month?s SW 2007 conference, Microsoft CEO Steve Ballmer mentioned how Approva can improve the audit process in his keynote speech. ...
More About: Some
And yet more AS5 News
2007-06-06 16:38:00
If you didn?t get enough analysis and opinion on last week?s SEC and PCAOB announcements, our own Phil Livingston was featured in this week?s Compliance Week in an article about how audits might change given the new AS5. And, if you haven?t seen Phil?s thoughts from last week, be sure to check them out ...
More About: News
Summertime in DC
2007-06-04 21:09:00
For any of you waiting for better reasons to visit DC than historic sights, fine dining, and top-notch museums, we?ve got JUST the thing to bring you here. That?s right, ladies and gents ? this week is Compliance Week?s annual conference, here in D.C., and we?d love to see you there. Now you can vacation ...
More About: Summertime
Daily News: SEC Sides with Shareholders
2007-06-04 20:56:00
Can you say that three times fast? The AP?s reporting that the SEC?s officially supporting shareholders suing Wall Street banks for damages over Enron’s collapse. The SEC has joined more than thirty states in taking the investors? sides in the $40 million lawsuit according to the Wall Street Journal. That noise you hear ...
More About: News , Daily , Daily News , Shareholders , Sides
Daily News: What?s Good for the Goose?
2007-05-29 22:17:00
Take a gander (get it?) at this article from USA Today ? a snapshot of how the government?s numbers would look if they had to follow the same accounting rules as everybody else. Looks like feds have mastered creative accounting, so somehow a $1.4 trillion loss is ?officially? only a $248 billion deficit. ...
More About: News , Daily , Daily News , Goose , Good
Daily News: F is for Fraud
2007-05-14 18:31:00
Today’s news is brought to you by the letter F for Fraud , and the number 7 - which, according to recent news from the Institute for Fraud Prevention is the average number of people involved in financial-statement fraud. Also worth noting, the study also found that fraud cases often involved boards of directors driven ...
More About: News , Daily , Daily News , Dail
Daily News: Ernst & Young Hears Back From the PCAOB
2007-05-07 17:30:00
Keep an eye on the PCAOB and its look into the Big 4. E&Y has been in a tussle and it sounds as though the other three players will soon be following suit. Well, soon is relative. Delays in reporting from the PCAOB seem to be irritating more than a few accountants ? and we ...
More About: News , Daily , Daily News , Young , Back
Approva at SAP Sapphire - Do You Love A Good Audit?
2007-04-23 22:32:00
Well, Audit Trail readers, if you do (love a good audit that is), stop on by the Approva booth at SAP Sapp hire in Atlanta through Wednesday, April 25th to check out the latest and greatest in continuous controls monitoring software - and pick up a button or bumper sticker too to show your love for ...
More About: Love , Good
Daily News: Yet Another Rollback for Wal-Mart
2007-04-23 16:46:00
Wal-Mart closes a chapter in yet another employee altercation. First they are spying on the board, and now they are not. Phew. Hope no one was listening when CEO compensation was discussed. The big cheese made 23 million last year. Speaking of millions, 404 takes another media hit as Financial Execs International, a professional association ...
More About: News , Daily , Daily News , Wal-Mart
Siemens Selects Approva as a Preferred Solution for Continuous Controls Mon
2007-04-17 17:40:00
Audit Trail is pleased to bring you the lastest news from Approva. Approvaź Corporation, the leader in continuous controls monitoring and audit software, announced that it has been selected by Siemens as one of two preferred vendors for IT user and authorization management. Operating under a global framework contract, which has been signed between both companies, ...
More About: Selec , Control , Ferr , Select
Daily News: Happy Tax Day
2007-04-17 17:36:00
We are all exhausted from tax day build up. So, to brighten the day, check out the winner of the TurboTax rap contest who won 25K for his lyrics. Audit Trail might submit its own fabulous tune next year. Feeling risky? Enterprise Risk Management is making strides forward, and the bulk of the effort falls ...
More About: News , Daily , Daily News , Happy , Dail
Price Caps? A Throwback to the 40s
2007-04-11 17:39:00
Today’s Weird Wednesday news brings us a “Today in History” lesson. During the early 1940s, President Franklin Roosevelt set about readying the nation for its entrance into World War II. Along with converting American industry to the cause of wartime production. Roosevelt also moved to safeguard the nation’s economy. Towards this ...
More About: Rice , Back , Price , Throwback , Throw
Daily News: Who?s Afraid of the SEC?
2007-04-11 16:24:00
Okay, Don Imus or Larry Birkhead he’s not, but Richard Scrushy is infamous in his own right. And, now he’ll be easily located with a gps device affixed to his person. Surely a use the inventors of gps did not imagine. Are such devices in the future for execs at Student Loan ...
More About: News , Daily , Daily News , Dail , Raid
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