X
Start evaluating software now

 Security code
Already have a TEC account? Sign in here.
 
Don't have a TEC account? Register here.

Learning Management Suite (LMS)
Learning Management Suite (LMS)
These are tools for managing, creating, scheduling training or learning in your organization. The terminology varies from vendor to vendor. Learning management systems (LMS) typically help to ma...
 

 audit response letter example


Is Your Financial Transaction Secure?
The FDIC imposes IT integrity ratings on financial institutions. These ratings are known as URSIT ratings and are not disclosed to the public. There is no easy

audit response letter example  information security audits. Banks audit themselves. It is up to the Board of Directors of each bank to provide the FDIC with an information technology and security audit report. The FDIC then reads the report and assigns an URSIT rating. URSIT stands for Uniform Rating System for Information Technology. URSIT ratings run on a scale from 1 to 5, with 1 being the highest rating with least degree of concern, and 5 being the lowest rating with most degree of concern. URSIT ratings are only assigned every

Read More


HCIMS - Help Desk RFI/RFP Template

Issue Management, Inventory and Audit, Knowledge Management, and Product Technology Get this template

Read More
Start evaluating software now

 Security code
Already have a TEC account? Sign in here.
 
Don't have a TEC account? Register here.

Learning Management Suite (LMS)
Learning Management Suite (LMS)
These are tools for managing, creating, scheduling training or learning in your organization. The terminology varies from vendor to vendor. Learning management systems (LMS) typically help to ma...

Documents related to » audit response letter example

No One Said Sourcing Overseas Would Be Easy


The many challenges and risks that retailers face when sourcing globally could be mitigated with the right software tools. Yet the sad fact is that few information technology systems fully support the complexities and unique requirements of global trade.

audit response letter example  through the inspection and audit process. Control and monitoring do not stop there given the extension of tracking and workflow to manage logistics processes via integration with 3rd party logistics (3PL) providers. Ongoing assessment of supplier performance continues at the dock side (for example, ensuring that all is in accordance with the Intergovernmental Organization for International Carriage by Rail [ OTIF ] metrics and recommendations). Last but not least, during the sell and service phase, one Read More

Global Trade and the Role of Governance, Risk Management, and Compliance Software


The growing number of legal and regulatory requirements associated with global trading is one of many reasons enterprises are looking into global trade management applications, and into harnessing the up-and-coming, strategic software category of governance, risk management, and compliance.

audit response letter example  issues; provides a complete audit and history of shipment screening; and enables the batch screening of customer lists, employees, suppliers, and vendors (see Infor Accelerates Import/Export Of Goods Through International Supply Chain In Accordance With Government Recommendations ). Customers using Restricted Party Screening are able to demonstrate to governments that they maintain a secure supply chain, and are therefore eligible for such programs as Customs-Trade Partnership Against Terrorism (C-TPAT), Read More

Confronting Core Global Trade Problems: Order, Shipment, and Financial Settlement


TradeBeam has been striving to distinguish itself by offering more than order and shipment tracking. It aims to improve the management of core global trade activities: order, shipment, and financial settlement.

audit response letter example  documents and provides an audit trail of all steps to resolve disputed items. Figure 1 depicts the functional scope and architectural blueprint of the forthcoming TradeBeam 3.0 release that will feature several new sub-modules within major three modules. Figure 1: Scope of TradeBeam 3.0 This concludes Part Four of a five-part note. Part One discussed TradeBeam and GTM. Part Two presented TradeBeam's background. Part Three covered TradeBeam's tackling of the supply chain. Part Five will cover competition, Read More

Advanced Meter Infrastructure: Composite Technologies to Meet New Demands in Sales and Customer Service


Traditionally, utilities have leveraged robust meter, network, and customer service infrastructures. These technologies served the needs of largely regulated energy and utility markets characterized by price regulations, easy access to energy resources, and sufficient infrastructure capacity. There are few examples of "old" technologies that make such a compelling argument against replacement. All that’s about to change.

audit response letter example  and context handling, and audit tracking. Regional Business Cases For AMI Even where organizations are implementing AMI to comply with government mandates, certain market conditions can serve as signposts to help evaluate the potential success of AMI technologies. These include markets where one or more of the following conditions apply: Political mandates dictate resource conservation and customer protection. Growing energy demands and costs drive recognition of energy commitments (efficiency and Read More

Banking Industry's Fair Value Accounting (FVA) Conundrum


Every company and almost every individual holds fixed assets. Over time, these assets change in value. For example, real estate tends to increase in value, while vehicle values decrease. In the US, as in most countries, the global crisis has resulted in declines in the real-estate market and employment sectors. These declines result in housing and business property holdings dropping

audit response letter example  market conditions caused the auditors to signal that Bell Canada was insolvent. f) With fair value accounting, due to economic declines, many American Banks are insolvent, i.e., the share values are not supported by revenues or asset-based mortgage holdings. g) With the drop in sales, many companies are unable to make loan repayments against inventory or unsecured loans and are heading for Chapter 11 protection (bankruptcy protection). Banks are facing major unrecoverable losses. What the banks are Read More

Supply Chain Vendor Morphs into SCEM with Response Management Vision


Supply chain planning vendors have moved beyond enterprise planning to solutions that encompass the whole supply chain. Companies like Kinaxis are using enterprise response management to manage events and responses as they occur and align results at the point-of-action.

audit response letter example  Chain Vendor Morphs into SCEM with Response Management Vision Background The supply chain planning (SCP) applications market has cooled down dramatically from its high point of activity in the late 1990s. While SCP software vendors like i2 Technologies , Manugistics , Adexa , Synquest (now part of Viewlocity ), and Logility pitched the benefits of integrated product suites, only a minority of tier one, leading edge companies bought into the concept and found successful results. Integrated SCP Read More

Analysis of Adobe’s Integration of IslandData’s Automated E-mail


Adobe’s support site receives approximately 1.3 million client inquiries per month and has been in need of an automated response system to decrease escalating support costs.

audit response letter example  of Adobe’s Integration of IslandData’s Automated E-mail Event Summary CARLSBAD, Calif.--(BUSINESS WIRE)--IslandData, a leading provider of automated response technology for the online customer service market, announced that it has signed Adobe Systems Inc. (Nasdaq: ADBE - news), the fourth largest desktop software company in the world, as a customer of IslandData's ExpressResponse, a commercial service that automates the process of quickly reading and responding to end user e-mail and web Read More

ECM vs. EIM


The IT industry is constructed of three-letter acronyms (TLAs). However, the total number of possible three-letter abbreviations using the 26 letters of the alphabet is only 17,576. This explains the stars-wearing-the-same-dress types of incidents in the IT world. When Sherry Fox discussed ECM and EIM, the acronyms represented enterprise compensation management and enterprise incentive management

audit response letter example   Read More

Road Map to Developing a Successful Tax Policy: Nine Critical Components


Sales and use tax compliance is serious business. To reduce your risk of facing a costly audit, you need to invest time and effort up-front by formulating a transaction tax policy. Responding effectively to audits involves knowing about your company, your operations, and your resources. Find out why a tax policy is important to your organization and how to make it part of your business process and procedures.

audit response letter example  is with your internal audit group, followed by the legal department. Together these people can work with you in understanding the controls that are relevant to your task, what is needed in terms of keeping documentation, corporate rules about talking to outside people (i.e.: tax auditors), etc. By definition, these controls will be restrictive. So you also need to determine how you and your department will work within their constraints. For example, you will need a place in your tax policy that outlines Read More

SAP Ushers In Simple Finance on HANA Enterprise Cloud


At its SAPPHIRE NOW 2014 mega conference, SAP declared war on complexity, in many ways. One example is the introduction of SAP Simple Finance, a set of solutions rewritten for simplicity within global finance departments.

audit response letter example  industry watch, ERP financials, cloud ERP, sap hana, financial consolidation software, budgeting solution, SAP Simple Finance Read More

SANS Institute


Founded in 1989, the SANS Institute (standing for SysAdmin, Audit, Networking, and Security) specializes in internet security training. SANS provides certification and maintains a research archive.

audit response letter example  Institute (standing for SysAdmin, Audit, Networking, and Security) specializes in internet security training. SANS provides certification and maintains a research archive. Read More

Case Study: Manufacturing Time: Nicolet Plastics’ Quick Response Manufacturing Strategy




audit response letter example  Study: Manufacturing Time: Nicolet Plastics’ Quick Response Manufacturing Strategy Read More

At Your Fingers: the Real-Time Value of BI


Learn how real-time or near real-time analytics can help you accelerate business insight and shorten customer response times in At Your Fingers: ...

audit response letter example  Your Fingers: the Real-Time Value of BI At Your Fingers: the Real-Time Value of BI Today, you must not only be good—you must be good and fast. That means responding at lightning speed to customer and market demands—by leveraging your business data quickly and effectively. Learn how real-time or near real-time analytics can help you accelerate business insight and shorten customer response times in At Your Fingers: The Real-time Value of BI . In this Aberdeen survey report , you’ll discover the Read More

Addressing Guidance from the IIA’s GTAG-14 for Controlling User-developed Applications


The Institute of Internal Auditors (IIA) recently released the Global Technology Audit Guide (GTAG) 14: Auditing User-developed Applications. Read how the Prodiance Enterprise Risk Manager (ERM) suite of user-developed application (UDA) software tools and related professional service offerings enable organizations to fully comply with IIA’s guidelines for identifying, risk ranking, testing, and controlling critical UDAs.

audit response letter example  released the Global Technology Audit Guide (GTAG) 14: Auditing User-developed Applications. Read how the Prodiance Enterprise Risk Manager (ERM) suite of user-developed application (UDA) software tools and related professional service offerings enable organizations to fully comply with IIA’s guidelines for identifying, risk ranking, testing, and controlling critical UDAs. Read More