risk analysis - Governors State University Risk Analysis...

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Governors State University Risk Analysis June 30, 2009 Register Transactions Description Department registers students in classes. Key assertions Completeness and Disclosure Risk factors Strengths 1. Firewall is in place to protect student information during the registration process. 2. Registration clerk asks to see a picture identification to pick up any printouts. 3. FERPA act complies with the mandate. Weakness 1. Clerk does not check to see if the identification is current and validated Control risk assessment Our understanding of internal control gained in completing assessments of the University’s control environment, risk assessment, control activities, information and communication, and monitoring over registration supports a low preliminary assessment of control risk. Final Control Risk Assessment Our understanding of internal control gained in completing assessments of the University’s control environment, risk assessment, control activities, information and communication, and monitoring over registration supports a low assessment of control risk. Effect on testing
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This note was uploaded on 05/23/2011 for the course ACCT 842 taught by Professor Shekib during the Spring '11 term at Governors State University.

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risk analysis - Governors State University Risk Analysis...

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