Oracle Cerfification Program ~ 11i Implement Internal Controls Manager

By admin • Nov 13th, 2008 • Category: Uncategorized

Oracle Cerfification Program ~ 11i Implement Internal Controls Manager
by Brent Bosin, Vera Reyna, Jan Quist

454 Pages

11i Implement Internal Controls Manager

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What you will learn

Oracle Internal Controls Manager is a comprehensive tool for executives, controllers, internal audit departments and public accounting firms to use to document and test an organization’s internal controls and monitor ongoing compliance. This course covers the full set-up and implementation steps of the application. Demonstrations and hands-on practice reinforce the fundamental concepts.

Audience
Functional Implementer

Prerequisites
Thorough knowledge of accounting principles
Oracle Financials expertise
Understanding of internal auditing functions
Understanding of Sarbanes-Oxley Act of 2002

Course Objectives
Recognizing the Steps for Compliance and Corporate Governance
Understanding How OICM Integrates with the E-Business Suite
Learning How to Document Processes
Describing and Creating Risks
Associating Controls to Risks
Describing Audit Procedures
Creating Auditable Units
Working with Findings and Remediation Actions
Certifying Business Processes
Understanding The Sarbanes-Oxley Act of 2002
Understanding Key Concepts of The Committee of Sponsoring Organizations
Understanding the Components of Internal Controls

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Course Topics

Overview of Corporate Governance
Understanding The Sarbanes-Oxley Act of 2002
Understanding the Key Concepts of The Committee of Sponsoring Organizations of The Treadway Commission
Describing the Components of Internal Controls
Recognizing the steps involved for Compliance and Corporate Governance

Introduction to Oracle Internal Controls Manager
Understanding how OICM integrates with the Oracle E-Business Suite of Applications
Identifying Tools that can be used Oracle Internal Controls Manager
Understanding the Benefits of Oracle Internal Controls Manager
Defining Users and Assigning Responsibilities

Business Processes
Describing How to Document Processes
Describing the Various Methods to Import Processes
Linking Processes with Objectives and Key Accounts
Describing Process Variation and Benefits

Risks and Controls
Describing and Creating Risks
Associating Risks to a Process
Describing and Creating Controls
Associating Controls to Risks
Importing Risks and Controls

Audit Procedures
Describing Audit Procedures
Describing the Import Procedures Upload Program

Auditable Units
Creating an Auditable Unit
Associating Process to an Auditable Unit
Describing Process Exception Benefits

Assessments
Describing Assessments
Describing the Integration with Oracle Scripting and Oracle iSurvey
Listing the Reports

Audit Projects
Describing Audit Projects
Explaining the Benefits of Using Oracle Projects
Creating an Audit Project
Scoping an Audit Project
Using Oracle Projects to Create Audit Projects

Findings and Remediation
Listing Finding and Remediations Actions
Describing Finding and Remediation Benefits
Creating a Finding and Remediation

Segregation of Duties
Describing Segregation of Duties
Describing the Benefits
Setup Segregation of Duties Constraints
Checking for Violations

Certify Business Processes
Describing Business Process Certification
Listing the Roles for Certification
Describing Issues and Issues Benefits
Creating and Certifying Business Processes

Financial Statement Certifications
Describing Financial Statement Certifications
Describing the Benefits of Financial Statement Certifications
Setting Up Financial Statement Certifications
Using Financial Statement Certification

Opinions Framework
Describing the Opinions Framework in OICM
Creating User Defined Values for Opinions
Seeding User Defined Values

Oracle Approvals Management
Understanding How OAM is Used in OICM
Defining Approval Groups
Defining Approval Rules

Oracle Tutor
Understanding How Oracle Tutor Works
Describing the Maintenance Steps for Documentation Processes
Understanding the Capabilities of Oracle Tutor
Uploading Oracle Tutor Files into OICM
Explaining Steps to Setup Audit Mode

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Tagged as: Oracle Cerfification Program