Because executives and board members are more accountable today for data protection, it is important that they know who is accessing and changing data, what was altered, when it occurred and how it was done. Audit trails are necessary to comply with government regulations, and the lack of records may mean sanctions for the company and its executives.
How can the CEO and CFO be assured of the integrity of the information they must attest to for SOX, for example, and that the corporation is keeping accurate and complete records? Board members and executives should be asking the chief audit executive (CAE) the following questions:
See full Article.
Posts
