Audit Considerations for your 11i implementation

Audit Considerations for your 11i implementation Author: Richard Byrom Organisation: RPC Data Ltd Position: Oracle Applications Consultant EOUG/OAUG Oracle User Forum - Conference:Applications 2003 richard@rpcdata.com E-mailrichard@richardbyrom.com http://www.rpcdata.com Web Sitehttp://www.richardbyrom.com Abstract Post implementation audit and review blues? Here’s how to ensure your 11i implementation conforms to the standards of auditors and reviewers. I will provide attendees with a holistic view of the audit and review process as well as outline steps to be taken to ensure audit and review compliance. Introduction In the many Enterprise Resource Planning (ERP) implementations I have been involved with, review and audit is an inevitable part of the journey. This is particularly true today with the enactment of the Sarbanes-Oxley Act of 2002 and other worldwide initiatives to enhance corporate governance. The objective of this paper is to outline the lessons I have learnt from being involved in audit and review of business systems both during the implementation and post implementation. Initially I will examine the reasons for auditing such systems and will then look at common problems encountered during audit and review exercises. In answer to the problems experienced I will outline the Oracle solution at a high level and then take a look at more detailed features within the application itself. ...