System Audit with SAP

Goals

• Understanding of core processes and the integration of SAP applications and system control to optimize the internal control system and meet regulations and international standards

Audience

• Auditors in the business processes, Finance, and Accounting areas who are responsible for checking, improving and conceiving business process controls in mySAP ERP
• Consultants for Corporate Governance and Compliance with the Sarbanes- Oxley Act

Prerequisites

• Business knowledge in the area of auditing/internal auditing

• Basic knowledge of SAP for example from the courses
• SAP01 SAP Overview ,
• AC010 Business Processes in Financial Accounting , or
• AC040 Business Processes in Management Accounting (Controlling)

Course based on software release

• ERP ECC 6.0

Content

• Impact of the Sarbanes-Oxley Act and other auditing standards (for example, ISA) that are relevant for the auditors on the audit process
• Compact overview of the authorization concept
• Role-based setup of the AIS and commercial audits with the AIS
• Basic system settings and logs
• Organizational units and organizational structure within an SAP system
• Practical analysis of the risks and controls using test cases
• General Customizing and controls in Accounting while taking into account the impact on the audit process
• Auditing business processes, for example, Procurement, Production, and Sales Order Processing
• Auditing the end of period financial statements, for example, period- end closing in internal Accounting (Controlling) and in Financial Accounting and Asset Accounting, Evaluation of work in process, allowances, and stock
• Auditing of specific evaluation methods, for example, stock in an anonymous warehouse, planned cost accounting and inventory costing, actual costing
• Transfer of the financial accounting data, balances, and document information to the auditor's computer in standard format for further analysis (for example, in ACL, IDEA, Excel)

Notes

• This course focuses on "commercial audits". For technical audits, we recommend attending the courses ADM100 and ADM940.
• The following releases are also covered in the course: R/3 4.6c, R/3 Enterprise, and ECC 5.0

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