Karten 61 Karten
Lernende 4 Lernende
Sprache English
Stufe Universität
Erstellt / Aktualisiert 09.06.2016 / 30.06.2019
Lizenzierung Kein Urheberrechtsschutz (CC0)
1 Exakte Antworten 55 Text Antworten 5 Multiple Choice Antworten
Fenster schliessen

What issues must an auditor adress with the SAP ERP environment?

General IT Controls may not be enough

Can all accounts be audited substantively

Is the transaction monitoring authentic

Are the inherent risks managable?

Fenster schliessen

Why is auditing SAP ERP different?

SAP ERP has great flexibility and breadth of functionality.
It has a different application / environment split than other ERP. 

Fenster schliessen

Why do you need Compliance?


There is always an information gap and a
conflict of interests between producer and
customers / between management and shareholders

Fenster schliessen

Give a definition for GRC. And explain the 3 main factors.

GRC refers to a company's coordinated strategy for managing the broad issues of corporate governance, enterprise risk management and corporate compliance. 

Governance: Effective as well as ethical management of a company.

Risk:effectively mitigate risks, which hindern the company to be competitive. 

Compliance: External regulations for the business operations and data retention.

Fenster schliessen

What are benefits of using GRC?

Higher quality information
Process optimization
Better capital allocation
Improved effectiveness
Protected reputation
Reduced Cost

Fenster schliessen

What are challenges for audits? (4)

changing and very different regulations
Big data
Increased oversight of processes
Tighter control of manual entries

Fenster schliessen
Lizenzierung: Keine Angabe

Which one is with GRC and which one without?

Left with GRC and right without GRC

Left without GRC and right with GRC

Fenster schliessen

What does GRC stand for?



Risk Management