ERP Risk Advisors is excited to present our ERP Cloud Risk Advisory Series. Join us for our first webinar in this series title – How One Configuration Could Undermine Your Manual Journal Entry Controls …
March 6, 2018
ERP Risk Advisors is pleased to announce a second of our resources is certified on the Financial Reporting Compliance (FRC) module of the Risk Management Cloud. Donna Curtis was one of the first …
April 17, 2018
This article is long overdue, but still one I have been dreading to release. I know the audit firms could come under significant additional scrutiny from regulators such as the PCAOB. However, there are …
July 4, 2018
Time to revisit this topic. This is easy pickins for external auditors to lead to a control deficiency. Take a look back at this topic I posted on last year: Example 1: The ability to apply or remove Personalizations can be overwritten by the User.
October 12, 2018
Background: In Oracle there are various seeded (i.e. provided upon installation of the applications) Sources of Journal Entries (JEs). Organizations implementing the application can also define more …
October 22, 2018
Most organizations use ADI (client server version in 11i and prior and web version in R12 and later) to develop and upload Journal Entries (JEs). The JEs are subject to ‘manual’ journal entry controls …
October 29, 2018
In R12, Oracle dramatically changed their subledger architecture by introducing SLA – Sub-Ledger Accounting Architecture. This change helps to standardize the way accounting is stored and transferred to …
November 9, 2018
One of the key controls that organizations often define as part of their ITGCs relates to the identification and monitoring of privileged users. An accurate definition of what is deemed to be a ‘privileged user ‘ is …
January 30, 2019
Greeley, Colorado, April 5, 2019 – ERP Risk Advisors, a practical thought leader for managing ERP Risk, providing content and consulting services related to compliance, security, risk management, and …
April 4, 2019
We have recently been sharing our thoughts on LinkedIn on the challenges with Oracle ERP Cloud role design. The majority of implementations go live with purely seeded roles. There is an assumption …
March 27, 2020
