Sponsored by the Technology Assurance Committee

SAS 99: Impact on Technology Assurance
Tuesday March 4, 2002 9:30 A.M. to 10:30 A.M.

The recent adoption of SAS 99 has forced all audit teams to think of the potential of fraud in new areas. In many service enterprises, information technology represents the largest or second largest expense item. As a result, it is imperative that auditors consider the possibility of various frauds that can be initiated or facilitated through the information technology department.

This CPE session will consist of a panel discussion that will first provide a very brief overview of the new SAS. The panel will then explore technology implication of the SAS emphasizing various fraud schemes impacting Information Technology. Finally, an IT vendor kickback scheme will be discussed along with lessons learned to prevent and detect these types of fraud in the future.

Date: Tuesday March 4, 2002

Time: 9:30 A.M. to 10:30 A.M. CPE Session

Presenter: Joel Lanz, CPA

Location: NYSSCPA Headquarters, 530 Fifth Ave, Fifth Floor, New York City

Additional Information

The NYSSCPA Technology Assurance Committee (TA) has organized this FAE/NYSSCPA CPE presentation. Attendees will earn one CPE credit. J.H. Cohn LLP and Carpenter Information Technologies will provide a continental breakfast. More information can be found on the TA committee at www.nysscpa.org. Click on the committees tab on the left and scroll down to the TA committee. This CPE session is free to NYSSCPA members and $15 to non-members. Advance registration is encouraged because seating is limited.

Registration

To register contact the Foundation for Accounting Education (FAE) at 212-719-8383. State Society members can register at www.nysscpa.org; however, you will need your State Society member number to register.

For additional information contact Gary Carpenter at 315-487-4567 gcarpenter-cit@worldnet.att.net or Bruce Nearon at 973-403-6955 bnearon@jhcohn.com

About the Presenter

Joel Lanz, CPA, CISA, CFE, CISSP, CITP
Joel established a niche CPA technology assurance and advisory practice in 2001 after having served as a Technology Risk Consulting Partner with Arthur Andersen. Previous experience includes Vice President at The Chase Manhattan Bank, a Manager in the Management Consultant Services division at Price Waterhouse and a Senior IT Auditor at two financial services companies. Joel currently serves as the Quality Assurance Executive Member for the New York State Society of CPAs Technology Assurance Committee, and as an adjunct faculty member at Pace University where he instructs a graduate course on Systems Planning and Policy. A frequent author, his recent publications include:

“Prioritizing Aspects of Technology Risk Assessment and Mitigation,” Bank Accounting and Finance, December 2002.

“Will Your Client’s Business Survive a Disaster?” American Institute of Certified Public Accountants InfoTech Update, September/October 2002.

“Worst Information Technology Practices in Small to Mid-Size Organizations,” The CPA Journal, April 2002.

“Business Continuity Planning: A Risk Manager’s Agenda for Operational and Credit Risk Management,” The RMA Journal, March 2002.

“The Impact of Customer Information Technology on the Lending Decision,” Commercial Lending Review, Fall 2001.

Acknowledgments

We appreciate the generous contributions of J.H. Cohn LLP and Carpenter Information Technologies, which provided funding for the sandwiches and refreshments."

"We also appreciate the generous contribution of time by Gary Carpenter of Carpenter Information Technologies for his effort in this event."