Thanks, in part, to the fallout from the financial scandals of Enron, WorldCom, Tyco and others, the corporate spotlight is being refocused on the audit function. However, by waiting until systems are live and in production before applying an audit regimen, you may miss an excellent opportunity to establish effective controls at the outset, when the enterprise software is being implemented. Read on to learn where and how, as an executive sponsor, project manager, or team member, you can instill audit procedures that can continue throughout the life of the software.
project management planning
not intended to replace project management tools but rather act as repositories, providing a means to capture required data. Typically, your external auditors can help in this regard. As will be discussed below, start involving the audit function in the project management process as a way to install a control discipline and mindset at the start of a system's life cycle. Probably those of you working in an overseas company and not subject to the Act may heave a sigh of relief. Good control practices,