The Value in Understanding Internal Controls of Information Technology

The Value in Understanding Internal Controls of Information Technology

Many auditors use “standard” IT Internal Controls Questionnaires (IT/ICQ) that are either not applicable or too general in nature to detect significant deficiencies or material weaknesses in internal control. Auditors who understand the issues of IT-related controls can create or modify existing IT/ICQ to their advantage. A modified ICQ can be helpful to auditors in performing audits, offering open-service opportunities and delivering additional values to their clients.

The Nov. 4 continuing professional education morning presentation organized by the New York State Society of CPAs’ Technology Assurance Committee will highlight the interaction of internal control and information technology. Topics covered will include:

Date: Tuesday, Nov. 4
Time: 8:30 a.m. to 9:00 a.m.: registration, networking, free continental breakfast; 9:00 a.m. to 10:00 a.m.: CPE session
Presenter: Yigal Rechtman, CPA, M.S., Person & Company, CPAs
Location: NYSSCPA headquarters, 530 Fifth Ave. (between 44th and 45th Streets), fifth floor, New York City

About the Presenter

Yigal Rechtman served in the Israeli Communication Corps from 1986 to 1989. He graduated in 1994 from New York University with a bachelor’s degree in computer science, and in 2002 with a master’s degree in accounting from Pace University.

Mr. Rechtman is an auditor and computer specialist at Person & Company, CPAs, in New York City. He also is a member of the Information System Audit and Control Association (ISACA). A member of the Society’s Technology Assurance Committee, Mr. Rechtman can be reached at yrechtman@personcpa.com.

Additional Information

This NYSSCPA/Foundation for Accounting Education (FAE) CPE morning presentation is free to NYSSCPA members and $15.00 for nonmembers to qualify for one hour of CPE credit.

At the session you will get the chance to network with the profession’s and the industry’s IT leaders.

Advance registration is encouraged, because seating is limited.

For additional information, contact Gary E. Carpenter at 315-487-4567 or gcarpenter-cit@worldnet.att.net or Bruce H. Nearon at 973-403-6955 or bnearon@jhcohn.com.

For more information on the Technology Assurance Committee, visit www.nysscpa.org, click on the Find Committees tab on the left-hand side of the page and then scroll down to the Technology Assurance Committee link.

Registration

To register: contact FAE at 212-719-8383 or 800-537-3635 or visit the Society’s website at www.nysscpa.org (you will need your Society member number to register). Go to the Technology Assurance Committee homepage and select “11/4/03—The Value in Understanding Internal Controls of Information Technology” located under the Free IT CPE banner.

Acknowledgments

J.H. Cohn LLP and Carpenter Information Technologies, Inc., helped provide the funding and resources for the continental breakfast, marketing and publicity, and administration of this event.

Bruce H. Nearon is a past chairman of the NYSSCPA’s Technology Assurance Committee and is director of IT security audit for J.H. Cohn LLP.