SOX.2.0.16:: Difference between revisions
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::'''1. Risk: Insufficient controls over processing accuracy by a third-party service provider may result in inaccurate financial results.'''<br> | ::'''1. Risk: Insufficient controls over processing accuracy by a third-party service provider may result in inaccurate financial results.'''<br> | ||
:::a. [[SOX.2.0.16:|'''SOX.2.0.16''']] A | :::a. [[SOX.2.0.16:|'''SOX.2.0.16''']] A regular review of security, availability and processing integrity is performed by third-party service providers (e.g., SAS 70, Canadian 5970). <br> | ||
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'''Testing Procedures''' | '''Testing Procedures''' | ||
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Inquire whether third-party service providers perform independent reviews of security, availability and processing integrity, e.g., service auditor report. Obtain a sample of the most recent review and determine if there are any control deficiencies that would impact financial reporting. <br> | |||
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'''Control Stewards Process Narrative''' | '''Control Stewards Process Narrative''' | ||
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<p><font color=#008000> | <p><font color=#008000>Insert Process Narrative here.</font></p> | ||
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Latest revision as of 18:12, 14 June 2006
- 1. Risk: Insufficient controls over processing accuracy by a third-party service provider may result in inaccurate financial results.
- a. SOX.2.0.16 A regular review of security, availability and processing integrity is performed by third-party service providers (e.g., SAS 70, Canadian 5970).
Testing Procedures
Inquire whether third-party service providers perform independent reviews of security, availability and processing integrity, e.g., service auditor report. Obtain a sample of the most recent review and determine if there are any control deficiencies that would impact financial reporting.
Testing Frequency
Quarterly validation of all systems within scope.
Evidence Archive Location
Insert hyperlink or location of evidence archive.
Control Stewards Process Narrative
Insert Process Narrative here.
Control Steward – Steve Somebody
Process Illustration
Replace this test by inserting a process diagram, flowchart or other visual representation to illustrate the process narrative as necessary. Include a brief description of the process illustration.
Control Status and Auditors Commentary
The control is effective.
File:Greenlock.jpg
Status is acceptable.
Control Exception Commentary
Status is acceptable.
Remediation Plan
Remediation is not required at this time.