Majority of SAP audits deal with financial data in the SAP ECC System which can manipulate and distort your Financial Statements. The common Examples are Sarbanes‐Oxley (SOX), under the direction of PCAOB
Companies which are running their financial system in SAP also have to answer to audits from government and industry regulators, as well as internal bodies.
- PII: Personally Identifiable Information
- PIPEDA: Personal Information Protection & Electronic Documents Act
- PHIA: Personal Health Information Act
- HIPPA: Health Information Protection Act (USA HIPAA)
- PCI DSS: Payment Card Industry Data Security
SAP Internal Auditors need to Understand of Automated Controls in SAP ECC System
SAP Internal Auditors must understand which automated controls which comes standard with the SAP System configuration. They should work with the functional configuration team to make sure all the automated application controls are fully utilized and configured. Once configured the controls needs to be documented and consistently tested and monitored.
One more step the SAP Internal Auditors need have is the all the Inner workings of the Controls and their links to other systems within the SAP Landscape.
SAP Auditors Controls over Manual Operations:
There are certain situations where manual changes have to be made in the system. So the Internal Auditors have to have complete control over the manual entries. The Manual entry process in SAP occurs by opening the Client for Manual Entry by the Basis administrations. Here are the risks with allowing manual entries in SAP System
- Controlling the amount of time the client is open for manual entries
- Controlling the users who can make manual entries in the system when the client is open
- Proper documentation of the manual entries made and also the justification
- Verifying the entries to make sure there are no mistakes or errors introduced into the SAP ECC System
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