Sampling style audits are dead

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*** THIS DOCUMENT HAS BEEN CLASSIFIED FOR PUBLIC ACCESS *** • Has the Big 4 accounting firms hurt Cybersecurity? • Why do they believe that sampling security controls is enough? • Why has the Regulators accepted Big 4 sampling for CFO certification? • Has the Big 4 exposed our communities and economy to financial ruin? • Why haven’t the Big 4 been held financially accountable for breaches? • Its time for a change… • Its time for the practice of sa mpling to end. • Its time for a more holistic approach - ISO 27001! Annual CFO Certification?

Transcript of Sampling style audits are dead

Page 1: Sampling style audits are dead

*** THIS DOCUMENT HAS BEEN CLASSIFIED FOR PUBLIC ACCESS ***

• Has the Big 4 accounting firms hurt Cybersecurity? • Why do they believe that sampling security controls is enough?• Why has the Regulators accepted Big 4 sampling for CFO certification?• Has the Big 4 exposed our communities and economy to financial ruin?• Why haven’t the Big 4 been held financially accountable for breaches?

• Its time for a change…• Its time for the practice of sampling to end. • Its time for a more holistic approach - ISO 27001!

Annual CFO Certification?

Design Audits

Design Audits

Sampling Concepts in Sales and Use Tax Audits Revised February 23, 2008 Dr. Will Yancey, CPA Independent Consultant Dallas, Texas will@willyancey.com will@willyancey.com.

Sampling Concepts in Sales and Use Tax Audits Revised February 23, 2008 Dr. Will Yancey, CPA Independent Consultant Dallas, Texas [email protected] [email protected].

Quality Audits

Quality Audits

Beyond Perimeter Defence · not deterred by policies and laws.!Based on sampling audits, detection is Swiss cheese, further undermining deterrents. REALITY Employees Partners Sub-Contractors

Beyond Perimeter Defence · not deterred by policies and laws.!Based on sampling audits, detection is Swiss cheese, further undermining deterrents. REALITY Employees Partners Sub-Contractors

Sampling : Error and bias. Sampling definitions Sampling universe Sampling frame Sampling unit Basic sampling unit or elementary unit Sampling.

Sampling : Error and bias. Sampling definitions Sampling universe Sampling frame Sampling unit Basic sampling unit or elementary unit Sampling.

Sampling Plans for Quality Audits...Partial Diagram. Data (3.8.1) Facts about an object. Information (3.8.2) Meaningful data. ... Network of communication channels used within an organization.

Sampling Plans for Quality Audits...Partial Diagram. Data (3.8.1) Facts about an object. Information (3.8.2) Meaningful data. ... Network of communication channels used within an organization.

Probenahmesysteme Sampling Systems - barthel-armaturen.de · Design • The sampling systems, sampling valves and devices are designed to take samples safely, representative and dead

Probenahmesysteme Sampling Systems - barthel-armaturen.de · Design • The sampling systems, sampling valves and devices are designed to take samples safely, representative and dead

Environmental Audits: Privilege, Voluntary Disclosure …media.straffordpub.com/products/environmental-audits-privilege... · Environmental Audits: Privilege, Voluntary Disclosure

Environmental Audits: Privilege, Voluntary Disclosure …media.straffordpub.com/products/environmental-audits-privilege... · Environmental Audits: Privilege, Voluntary Disclosure

Edwin J. Polverino, D.O.. Audits Internal audits Private insurance company audits for quality and accuracy. Private insurance company audits for fraud.

Edwin J. Polverino, D.O.. Audits Internal audits Private insurance company audits for quality and accuracy. Private insurance company audits for fraud.

Technical Audits

Technical Audits

Thought Piece / Sampling is Dead!

Thought Piece / Sampling is Dead!

Comparing three sampling techniques for estimating … · Comparing three sampling techniques for estimating fine woody down dead biomass Robert E. KeaneA,C and Kathy GrayB AUSDA

Comparing three sampling techniques for estimating … · Comparing three sampling techniques for estimating fine woody down dead biomass Robert E. KeaneA,C and Kathy GrayB AUSDA

Sampling Strategies for Circular A-133 Audits: Ensuring ...media.straffordpub.com/products/sampling... · 7/22/2014  · Sampling • Sample sizes are driven by the findings from

Sampling Strategies for Circular A-133 Audits: Ensuring ...media.straffordpub.com/products/sampling... · 7/22/2014  · Sampling • Sample sizes are driven by the findings from

SA 530 (REVISED A SAMPLING - ICAI Knowledge … I : Engagement and Quality Control Standards I.351 SA 530 (REVISED) AUDIT SAMPLING (EFFECTIVE FOR AUDITS OF FINANCIAL STATEMENTS FOR

SA 530 (REVISED A SAMPLING - ICAI Knowledge … I : Engagement and Quality Control Standards I.351 SA 530 (REVISED) AUDIT SAMPLING (EFFECTIVE FOR AUDITS OF FINANCIAL STATEMENTS FOR

Election audits by sampling with probability proportional ...stark/Preprints/ppebwrwd08.pdf · unit sampling (MUS) or dollar unit sampling. See, e.g., [1, 3, 4, 8, 26].1 MUS is an

Election audits by sampling with probability proportional ...stark/Preprints/ppebwrwd08.pdf · unit sampling (MUS) or dollar unit sampling. See, e.g., [1, 3, 4, 8, 26].1 MUS is an

Medicare and Medicaid Audits Using Statistical …media.straffordpub.com/.../presentation.pdf2018/06/14  · Sampling and Extrapolation •The PIM provides basic concepts rather than

Medicare and Medicaid Audits Using Statistical …media.straffordpub.com/.../presentation.pdf2018/06/14  · Sampling and Extrapolation •The PIM provides basic concepts rather than

DLL designOverall presentation •The DLL will allow us to have a controlled sampling rate. •Provide us a cleaner sampling window •No dead zone of sampling ( if the effective delay

DLL designOverall presentation •The DLL will allow us to have a controlled sampling rate. •Provide us a cleaner sampling window •No dead zone of sampling ( if the effective delay

Ibrahim audits

Ibrahim audits

Sampling Strategies in Sales Tax Audits - straffordpub.commedia.straffordpub.com/.../sampling-strategies-in-sales-tax-audits... · Sampling Strategies in Sales Tax Audits ... Statistical

Sampling Strategies in Sales Tax Audits - straffordpub.commedia.straffordpub.com/.../sampling-strategies-in-sales-tax-audits... · Sampling Strategies in Sales Tax Audits ... Statistical

AUDITS UNIVERSITY AUDIT MANUAL - Office of Internal Audits

AUDITS UNIVERSITY AUDIT MANUAL - Office of Internal Audits