Auditing an Agile Development Operations Ecosystem

In an enterprise software development, DevOps is a practice of integrating development and operations to deliver cost-efficient, improved quality solutions to the customer by automating the existing processes to achieve “continuous delivery.” In the current dynamic IT Ecosystem where there is a rising need to prove a competitive edge to maximize profitability, it is pivotal to drive business value with profound emphasis on quality. Agile enables us to take calculated risks during development whereas its affinity to adopting DevOps will promote continuous delivery with reduced friction to improve business efficiency. As this approach requires a change in people, process, technology, culture, usage of right tools and techniques, the early involvement of IT Auditors during the process of transformation could aid to build effective Risk Management strategies to handle organizational challenges. This article aims to present a risk-based audit approach to effectively use audit tools and techniques in an Agile-DevOps transformation environment to achieve maximum business value.

An examination of research trends and constructs concerning frameworks for Sustainable Supply Chain Management (SSCM)-Review Paper

The writing of Sustainable Supply chain Management (SSCM) is overflowed with structures. Be that as it may, to date, there has been no endeavor to uncover the irregularities in the current systems and related research patterns. The motivation behind this paper is to survey SSCM structures and feature irregularities. The examination additionally helps in dissecting exploration patterns and builds of SSCM structures and encourages new applications. It utilizes the Scopus database and concludes a couple of systems in the SSCM are considering a period from 2000-2018, utilizing an organized writing audit approach and space specialists. It uses a battery of deliberate necessities-based inquiries to get patterns and covers building squares/develops. It uncovers irregularities at three unique stages: system arrangement, utilization stage catching existing exploration patterns, and build the structure. It likewise offers subtleties at structure square/develops level. Hence, it provides direction in diminishing irregularities and potential changes in existing systems. It uncovered existing growth and sub-builds and aides about the new forthcoming changes in a business affecting SSCM space. It additionally instructs about the qualities and shortcomings of every system. The investigation will help for change/revisions in existing structures by decreasing irregularities and urge new techniques to encourage applications. This is a one-of-a-kind report that offers a structures-based survey, depicts research patterns, and aids about develops a system by uncovering irregularities at each stage. It helps decrease irregularities and provides direction regarding changes in SSCM structure thinking about up and coming difficulties.

Fraud Audit Based on Visual Analysis: A Process Mining Approach

Among the knowledge areas in which process mining has had an impact, the audit domain is particularly striking. Traditionally, audits seek evidence in a data sample that allows making inferences about a population. Mistakes are usually committed when generalizing the results and anomalies; therefore, they appear in unprocessed sets; however, there are some efforts to address these limitations using process-mining-based approaches for fraud detection. To the best of our knowledge, no fraud audit method exists that combines process mining techniques and visual analytics to identify relevant patterns. This paper presents a fraud audit approach based on the combination of process mining techniques and visual analytics. The main advantages are: (i) a method is included that guides the use of the visual capabilities of process mining to detect fraud data patterns during an audit; (ii) the approach can be generalized to any business domain; (iii) well-known process mining techniques are used (dotted chart, trace alignment, fuzzy miner…). The techniques were selected by a group of experts and were extended to enable filtering for contextual analysis, to handle levels of process abstraction, and to facilitate implementation in the area of fraud audits. Based on the proposed approach, we developed a software solution that is currently being used in the financial sector as well as in the telecommunications and hospitality sectors. Finally, for demonstration purposes, we present a real hotel management use case in which we detected suspected fraud behaviors, thus validating the effectiveness of the approach.

The Impact of PCAOB Auditing Standard No. 5, the PCAOB Inspection Regime, and the Great Recession on Audit Fees and Audit Quality

We investigate the coinciding effects of the implementation of Auditing Standard No. 5 (AS5), the change in the Public Company Accounting Oversight Board’s (PCAOB) inspection regime, and the Great Recession on the audit fees and audit quality of accelerated filers. AS5 took effect in November 2007 and promulgated a top-down, risk-based audit approach to SOX 404(b) audits of accelerated filers. Concurrently, the PCAOB adopted a stricter approach to its inspections of audit firms, which encouraged them to improve audit quality and reduce audit fees. Moreover, the Great Recession pressured audit firms to reduce fees. We find that, following the three events, audit fees decreased and quality increased for accelerated filers. We also find that audit fees and audit quality increased for non-accelerated filers, although these filers were not directly affected by AS5.

Auditing ethnic preference in Hong Kong’s financial job market: The mediation of white privilege and Hong Kong localism

Using the case of Hong Kong’s finance-related industries, this article examines whether preference or discrimination based on job applicants’ ethnic background manifests in Hong Kong employers’ hiring practices. The authors took an audit approach and compared applicants of three distinctive ethnic groups: Anglo-Saxons, local Hong Kongers, and mainland Chinese. They found that in Hong Kong, local applicants receive the highest callback rate, followed by mainland Chinese, and then Anglo-Saxon applicants, regardless of their gender. The findings counter existing literature and suggest white privilege and colonial legacy is not visible in the hiring for college graduate positions in the financial industries. Instead, language (Cantonese) fluency and business ties to China are of greater importance to employers/HR in Hong Kong’s finance-related industries. In other words, white privilege may still hold true in socio-cultural spheres or everyday interactions, but the effects can be mediated by Cantonese language proficiency when it comes to hiring practices.

ANALISIS AUDIT KEPATUHAN TERHADAP PROSEDUR PEMBERIAN PEMBIAYAAN MODAL KERJA PADA BANK SULSELBAR CABANG SYARIAH MAKASSAR

This study aims to analyze compliance audit of the working capital financing procedure at Bank Sulselbar Makassar Sharia Branch. The method of analysis used in this research is qualitative analysis method. In this case, the researcher uses a risk-based audit approach, an audit approach which checks the harmony between the policies and the procedures performed by the regulations. Thus, Bank Sulselbar Makassar Sharia Branch must be in line with regulations or procedures that have been held by Bank Indo nesia (BI) in terms of financing. Based on the result of the research, it shows that the Compliance Audit conducted by Compliance Director and Compliance Unit of Bank Sulselbar Makassar Sharia Branch has been running well in accordance with its duties and authority and maintaining its independence well because it has work guidance, work system and procedures that have been referring to the provisions current regulation. Likewise in terms of providing working capital financing to customers has been in accordance with applicable procedures. All financing stages or procedures have been implemented or followed before financing decision can be realized. And each stage is not immune from the supervision of the Compliance Group so that any part or section concerned at that stage is professionally responsible.

AUDIT KEPATUHAN PENGELOLAAN PIUTANG DALAM MEMINIMALISIR PIUTANG TAK TERTAGIH (Studi Kasus PT Bank Negara Indonesia (Persero) Tbk Cabang Makassar)

This research aims to know the application of the compliance audit in the management of accounts receivable accounts receivable to minimise not collectible at PT. Bank Negara Indonesia (Persero) Tbk. Makassar Branch. Methods of analysis used in this study is a qualitative method of analysis. In this case the researchers are using a risk-based audit approach, i.e. audit approach where checking is done against the harmony between the policy and the procedures are carried out with the provision of regulation. So, PT Bank Negara Indonesia (Persero) Tbk. Makassar Branch should be in line with regulations or procedures that have been held by Bank Indonesia (BI) in terms of financing. Based on the results of the study, pointed out that Compliance Audits conducted by the Director of compliance and Compliance Work Unit PT Bank Negara Indonesia (Persero) Tbk. Makassar Branch has gone well in accordance with the duties and those powers and keep independensinya properly because it had working guidelines, systems and procedures of work refers to the provisions of the applicable legislation. As well as in terms of the management of accounts receivable to the customer were in accordance with the applicable procedures. Each of these stages did not escape from the supervision of the compliance group so that each part or section associated on the stage professionally responsible.