The Institute of internal Auditors Philippines, Inc.
The Institute of Internal Auditors (IIA) Philippines is a professional organization dedicated to the advancement of the internal audit profession in the country. Our members, who work in internal auditing, risk management, governance, internal control, information technology audit, education and security, came from various industry or sectors in the Philippines and belong to a global network of almost 200,000+ professionals from more than 170 countries and territories sharing a common vision of a global profession of internal auditing.
The Institute of Internal Auditors Philippines Inc. (IIAP) was registered with SEC in 1982 and formerly known as The Institute of Internal Auditors, Inc. – Manila Chapter. It was founded on August 14, 1948 by Mr. Santiago F. Dela Cruz Sr. along with a small group of accountants actively engaged in the profession. Mr. Dela Cruz, who is considered to be the moving spirit of the association, is the same man who, two years earlier than IIAP, co-established the Philippine College of Commerce and Business Administration (PCCBA) which we now know as the University of the East.
The IIAP despite some struggles during its formative years was able to attain full-fledged stature as a professional association upon earning its “Institute” status from The Institute of Internal Auditors (IIA Global) in 1990. At the time, IIAP is 1 of the 6 (six) chapters in the Pacific Region (others were in Bombay, Tokyo, Sydney, Melbourne and Ceylon). On its 75th Anniversary Celebration and Global Business Meeting last 16-17 July 2016 at New York Hilton Midtown, the IIAP was acknowledged as the 3rd Chapter organized by the IIA Global since the latter’s founding in 1941 still then headquartered in New York City, USA
This course will provide insight and learning on how to develop and execute audits of application controls on a periodic basis to determine if they are designed appropriately and operating effectively.
At the end of the Course, the participants shall be able to:
Have an understanding of what application controls are, their benefits and the role of the auditors
Knowledge on how to assess application control risks Learn application review scoping, approaches and other consideration to take note when performing evaluation of system controls
Attain the appropriate competencies required by the IPPF and mapped with The IIA GCF
What You Will Learn
A. Defining Application Controls
B. Application Controls Versus IT General Controls
C. Benefits of Relying on Application Controls
D. The Role of Internal Auditors
A. Assess Risk
1. Identity and Access Management Process
2. Entitlement Management
B. Application Control: Risk Assessment Approach
A. Scoping of Application Control Reviews
1. Business Process Method
2. Single Application Method
3. Access Controls
B. Application Review Approaches and Other Considerations
2. Need for Specialized Audit Resources
3. Business Process Method
4. Documentation Techniques
6. Computer-assisted Audit Techniques
B. Audit Activity
1. Simulation of auditing Application Controls through auditing exercises and examples
2. Discussion on Test Scripts
3. Review of sample Application and Access Audit Program