{"id":5511,"date":"2009-11-10T10:53:40","date_gmt":"2009-11-10T14:53:40","guid":{"rendered":"https:\/\/biznews.fiu.edu\/?p=5511"},"modified":"2009-11-10T10:53:40","modified_gmt":"2009-11-10T14:53:40","slug":"it-audit-case-study-gives-graduate-students-valuable-hands-on-experience","status":"publish","type":"post","link":"https:\/\/biznews.fiu.edu\/2009\/11\/it-audit-case-study-gives-graduate-students-valuable-hands-on-experience\/","title":{"rendered":"IT audit case study gives graduate students valuable hands-on experience."},"content":{"rendered":"

<\/strong><\/p>\n

Sarbanes-Oxley compliance, globalization and technology-related risk place information system auditors (IT auditors) in high demand. Graduate students of the Master of Accounting program at Florida International University (FIU) are getting an opportunity to receive hands-on experience using a simulated client within the banking industry to strengthen their skill sets. They also are getting a leg up on others who are interested in IT auditing or other related career paths.<\/p>\n

\u201cFor my graduate-level class, I wanted to simulate an actual IT audit process to expose and equip students with a strong foundation of knowledge and skills to become successful auditors,\u201d said Antoinette Lynch<\/strong>, who teaches IT audit courses in FIU\u2019s School of Accounting in the College of Business Administration.<\/p>\n

\"Antoinette<\/a>
Antoinette Lynch<\/figcaption><\/figure>\n

To accomplish this, Lynch teamed with Silka M. Gonzalez<\/strong> (MACC \u201905), president and founder, Enterprise Risk Management<\/a>, to design an IT audit case study that took the students through the standard process phases——from meeting the client and preparing an engagement letter to conducting a risk assessment, developing the audit program and issuing a report to management with findings, risks and recommendations.<\/p>\n

\"From<\/a>
From left to right: Maria Zarate, Silka Maria Gonzalez and Tomas Birriel<\/figcaption><\/figure>\n

\u201cWe focused on general control risk areas that students would most likely encounter as a user of the system, IT auditor or financial auditor—Microsoft Windows 2003, IBM AS\/400, networking components, firewalls, routers and other IT control areas,\u201d Lynch said.<\/p>\n

In addition to preparing the materials and delivering the lecturers, Gonzalez and three colleagues from her firm provided ongoing guidance to the students.<\/p>\n

Case study proves relevant to a variety of accounting roles.<\/em><\/p>\n

\u201cAt some point, these students will be exposed to IT audits and controls,\u201d Gonzalez said. \u201cWhether they work as auditors, controllers, CFOs, CEOs, consultants or business owners, they will be able to use the basic concepts provided by this class throughout their careers.\u201d<\/p>\n

\"From<\/a>
From left to right: Rosmary Mascio, Jessica Le (standing), Annette Jernigan (standing), Monica Hablich, Karina Falcon (standing), Flavia Hakkers, Abdulaziz Aljasem (standing), Antoinette Lynch and Hector Aponte<\/figcaption><\/figure>\n

This certainly proved true for Annette Jernigan<\/strong> (MACC \u201909, BBA \u201907), director of property administration, Baptist Health Enterprises, who immediately applied what she learned.<\/p>\n

\u201cBefore I took this course, IT auditing was intimidating,\u201d she said. \u201cThat\u2019s no longer the case. I now have a much deeper understanding of what the IT department needs from me on a day-to-day basis—and the relationship of IT governance to Sarbanes-Oxley and other compliance and security requirements.\u201d<\/p>\n

\"From<\/a>
From left to right: Ivette Rivadeneira, Leandro Gonzalez, Valeria Alaniz (standing), Eric Horstmann, Marcos Garrido and Ronny Gonzalez<\/figcaption><\/figure>\n
\"From<\/a>
From left to right: Valeria Alaniz and Ivette Rivadeneira <\/figcaption><\/figure>\n
\"From<\/a>
From left to right: Maria Gonzalez (standing), Michael Cohn (standing), Georgios Mortakis, Keiron Quarrie, Yazmin Martin and Gabriela Manrique<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"

Sarbanes-Oxley compliance, globalization and technology-related risk place information system auditors (IT auditors) in high demand. Graduate students of the Master of Accounting program at Florida International University (FIU) are getting an opportunity to receive hands-on experience using a simulated client within the banking industry to strengthen their skill sets. They also are getting a leg […]<\/p>\n","protected":false},"author":32,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[7],"tags":[148,156,783,791,917,977,1006,1076,1192,1456,1479,1567,1693,1719,1874,1936,2327,2377,2388,2441,2617],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/posts\/5511"}],"collection":[{"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/comments?post=5511"}],"version-history":[{"count":0,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/posts\/5511\/revisions"}],"wp:attachment":[{"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/media?parent=5511"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/categories?post=5511"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/tags?post=5511"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}