February 2003

SAS 99: Impact on Technology Assurance

The recent adoption of the generally accepted audit standard relating to fraud, SAS 99, has forced all audit teams to think of the potential for fraud in new areas. In many service enterprises, information technology (IT) represents the largest or second-largest expense item. As a result, it is imperative that auditors consider the possibility of various frauds that can be initiated or facilitated through the information technology department.

Through one of its continuing professional education (CPE) morning presentations, the New York State Society of CPAs’ Technology Assurance (TA) Committee will host a panel discussion that will provide a brief overview of SAS 99, and explore the technology implications of SAS 99, emphasizing various fraud schemes impacting information technology. An IT vendor kickback scheme also will be discussed, as will prevention and detection of these types of fraud.

Date: Tuesday, March 4, 2003
Time: 9:00 a.m. to 9:30 a.m.: registration, networking, free continental breakfast; 9:30 a.m. to 10:30 a.m.: CPE session
Presenter: Joel Lanz
Location: NYSSCPA headquarters, 530 Fifth Ave. (between 44th and 45th streets), fifth floor, New York City

About the Presenter

Joel Lanz, CPA, P.C., is a frequent contributor to professional journals and is a speaker at industry conferences. He is the founder and principal of a niche CPA technology assurance and advisory practice. Mr. Lanz’s 21 years of professional experience include serving as a technology risk consulting partner with Arthur Andersen, vice president with Chase Manhattan Bank, manager in the management consultant services division of Price Waterhouse, and senior IT auditor for two financial services companies. He also is an adjunct faculty member at Pace University’s Graduate School of Computer Science and Information Systems.

Mr. Lanz is a member of the NYSSCPA Technology Assurance and Banking committees. He holds a bachelor’s in business administration in public accounting from Pace University and a master’s in business administration in information systems, also from Pace. In addition to CPA, his certifications include CISA, CISSP, CFE and CITP. You can visit his website at www.itriskmgt.com or contact him directly at jlanz@itriskmgt.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 “03/04/03-SAS 99: Impact on Technology Assurance” located under the Free IT CPE banner.

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