Insights

Filter by Category
Filter by Category

Security & Controls in a System Implementation

CrossCountry's Managing Director, P.J. Warwick, discusses the important of security and controls and why they should be considered before a system implementation


Video Transcription

I am P.J. Warwick and I would like to talk about developing security and controls in a system implementation.

It is more important than ever to consider controls in the early stages of a system implementation. When controls are considered late in the project, the result is last minute surprises, audit issues, distractions and costly re-work. More and more, new security control issues are elevated to the board level and are taken very seriously.

For any system implementation, especially for financial systems, consider:

  • Controls up front
  • Rules and responsibilities
  • Segregation of duties
  • Workflow
  • Approvals
  • Reporting
  • Assess the system on controls and financial and operational processes
  • Understand the compliance implications including Sarbanes-Oxley
  • Start a dialog early with the auditor, enter feedback and input

Ultimately, planning for security controls avoids surprises and saves time and money.

Lease Accounting Changes - 5 Steps to Prepare
Why Workday Works for Professional Services Firms

About Author

CrossCountry Consulting
CrossCountry Consulting

CrossCountry Consulting is the trusted partner and expert advisor to leading organizations. We help our clients transform their finance, accounting, human capital management, risk, operations and technology in order to effectively prepare them for complex change, optimized performance and accelerated business growth. Click hereto contact us.

Related Posts
Innovate with Your Head in The Clouds: Balancing Cloud Risk with Innovation
Innovate with Your Head in The Clouds: Balancing Cloud Risk with Innovation
For the Non-IT Auditor: Talking ‘Cloud’
For the Non-IT Auditor: Talking ‘Cloud’
4 Things to Consider When Planning a System Implementation Project
4 Things to Consider When Planning a System Implementation Project

Comment