SAP Security Audit Archives - Page 2 of 2 - ExpressGRC | SAP Cyber Security Software for SAP Compliance

Governance (G) Establish qualitative objectives • Establish quantitative objectives & KPIs • Develop strategies to achieve objectives • Document corporate policies and best practices standards • Document Board and subcommittee meeting minutes and decisions • Review and measure progress toward objectives • Review financial results, auditor reports, legal issues • Investigate whistleblower claims • Establish remuneration for key management Risk Management ( R) • Identify risks and opportunity costs: market, legal, operational, environmental, financial, etc. • Identify relationships between risks • Determine risk appetite, select risk treatment options and allocate investments and resources accordingly • Implement risk management methodologies, frameworks, calculation models, KPIs, and tolerance thresholds • Collaboratively measure risk impact and probability • Periodically review and re-assess risk profile • Monitor for key events and assess impact on risk profile Compliance Management (C) • Identify compliance requirements: regulatory, organizational policies, etc. • Select compliance frameworks • Document and implement business processes and controls • Identify and address control gaps • Monitor control effectiveness and status • Remediate control issues • Periodically review and update control environment • Certify control effectiveness • Analyze and report results to key audiences • Generate body of evidence to support auditor requirements • Assess impact of key events on controls Governance = Setting goals and objectives by which the organization is governed Risk management = Identifying, evaluating and monitoring all relevant business risk Compliance management = Execution of strategic objectives, based on risk tolerance Online and Onsite classes start Every Month. Become a High Paid GRC Consultant in 30 Days Email: Info@expressgrc.com [vc_row css=".vc_custom_1512575306373{margin-top: 50px !important;}"][vc_column width="1/3"][vc_cta h2="Free Step by Step SAP License Optimization Guide" shape="square" add_button="bottom" btn_title="click here" btn_style="flat" btn_color="default" btn_i_icon_fontawesome="stm-diamond" btn_css_animation="left-to-right" css_animation="left-to-right" btn_add_icon="true" css=".vc_custom_1512579904776{padding-top: 50px !important;padding-right: 35px !important;padding-bottom: 50px !important;padding-left: 35px !important;background-color: #3a80f1 !important;}" btn_link="url:http%3A%2F%2Fexpressgrc.com%2Ffree-sap-license-optimization-guide%2F||" el_class="c_action"]SAP Customer is liable to pay 70 Million additional SAP licensing fees as a result of what is broadly known as Indirect Access.[/vc_cta][/vc_column][vc_column width="1/3"][vc_cta h2="Free SAP GRC 10.0 Step by Step Guide" shape="square" add_button="bottom" btn_title="download here" btn_style="flat" btn_color="default" btn_i_icon_fontawesome="stm-diamond" btn_css_animation="left-to-right" css_animation="bottom-to-top" btn_add_icon="true" css=".vc_custom_1512579856805{padding-top: 50px !important;padding-right: 35px !important;padding-bottom: 50px !important;padding-left: 35px !important;background-color: #f1b500 !important;}" btn_link="url:http%3A%2F%2Fexpressgrc.com%2Fsap-grc-10-1-step-step-guide%2F||" el_class="c_action"]Are you fed up with being not able to get job? Tired of being disappointed in yourself, because you just can't seem to get started in the career as SAP GRC Consultant?[/vc_cta][/vc_column][vc_column width="1/3"][vc_cta h2="Financial Loss due to Fraud Risk" shape="square" add_button="bottom" btn_title="click here" btn_style="flat" btn_color="default" btn_i_icon_fontawesome="stm-diamond" btn_css_animation="left-to-right" css_animation="right-to-left" btn_add_icon="true" css=".vc_custom_1512579731433{padding-top: 50px !important;padding-right: 35px !important;padding-bottom: 50px !important;padding-left: 35px !important;background-color: #1d9e3f !important;}" btn_link="url:http%3A%2F%2Fexpressgrc.com%2Ffree-sap-process-control-step-step-guide%2F||" el_class="c_action"]Using the right kind of SAP Controls in the right way can be trans formative for any SAP System[/vc_cta][/vc_column][/vc_row]