1 / 7

riksrevisjonen.no OAGs IT use in auditing

The Office of the Auditor General of Norway - OAG Annual meeting of the Baltic and Nordic SAIs, Vilnius 2-3 September 2004. www.riksrevisjonen.no OAGs IT use in auditing. The Office of the Auditor General of Norway - OAG Annual meeting of the Baltic and Nordic SAIs, Vilnius 2-3 September 2004.

jayme
Download Presentation

riksrevisjonen.no OAGs IT use in auditing

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. The Office of the Auditor General of Norway - OAGAnnual meeting of the Baltic and Nordic SAIs, Vilnius 2-3 September 2004 www.riksrevisjonen.no OAGs IT use in auditing

  2. The Office of the Auditor General of Norway - OAGAnnual meeting of the Baltic and Nordic SAIs, Vilnius 2-3 September 2004 OAGs IT tools in financial auditing - overview PROSIT - Process-oriented IT audit tool. - Developed by OAG. TOMAS - Technical system for extraction, transforming and receiving financial data from auditees/entities. - Developed by OAG WinIDEA http://www.caseware-idea.com/ - Data analysis software - Based on data extracted by TOMAS or received by CD Microsoft Office Microsoft Outlook

  3. The Office of the Auditor General of Norway - OAGAnnual meeting of the Baltic and Nordic SAIs, Vilnius 2-3 September 2004 General objectives of all the IT tools: Efficient/effective audit by exploiting information technology through: Facilitating technical audit work e.g. uniform and easy access to financial data, documentation of the audit process. Integration of IT tools.

  4. PROSIT • Objectives and characteristics: • - Supporting the audit process in all stages – uniform audit • - Guidelines/methodology are built into screens. • - Technical training of all auditors and managers • - All audit of the auditees/entities are documented in one system. • - Integrated database solution – all IT tools are supported. • - Infrastructure: Microsoft terminal server, Microsoft SQL-server, • Local Area Network in main office (Oslo) and all other offices in Norway. • Mobile communication (Thales) – based on GSM/ISDN technology The Office of the Auditor General of Norway - OAGAnnual meeting of the Baltic and Nordic SAIs, Vilnius 2-3 September 2004

  5. The Office of the Auditor General of Norway - OAGAnnual meeting of the Baltic and Nordic SAIs, Vilnius 2-3 September 2004 TOMAS

  6. The Office of the Auditor General of Norway - OAGAnnual meeting of the Baltic and Nordic SAIs, Vilnius 2-3 September 2004 TOMAS continued.. Objectives and characteristics: Main objective/strategic decision: Uniform/common access to financial data. Tomas is integrated with Prosit and WinIDEA: Easy access ! Auditees have different accounting systems - Historic effect: auditors were using accounting systems provided by the auditees and the auditors needed specific knowlegde of different systems. - Present situation: No specific knowledge of each accounting system is needed which increase the flexibility of auditors between engagements. TOMAS collects financial data from auditees/data-owners and transfers data to OAG and imports data to OAGs database. Database contains approximately 160 GigaByte collected from about 450 auditees. Process: Auditors have access to the data through a wizard/menu on the internet and data are delivered by a link in the mail-system and imported automatically into IDEA

  7. The Office of the Auditor General of Norway - OAGAnnual meeting of the Baltic and Nordic SAIs, Vilnius 2-3 September 2004 Changes & Challenges Methodological: 2005: New methodology are implemented, based on international auditing methodologies: IFAC, COSO etc. Technical: 2004/2005: Prosit are undergoing a change parallel to the methodological development. 2004/2005: TOMAS are changing from importing all financial data to specific data required by OAG. General challenge ? IT tools must support the need of OAG on all levels: strategic, tactical, operational and specially give an increased value to the auditing process and the goals of OAG. tore.nilsen@riksrevisjonen.no

More Related