This cloud audit toolkit is designed to support the work of financial regulators in developing member countries of the Asian Development Bank. It aims to assist and accelerate the uptake of cloud computing technologies and digital tools to improve the efficiency and efficacy of financial regulators' work processes. Drawing on existing practices observed by leading regulators from across the globe, the toolkit provides a comprehensive framework for improving supervisory work processes. It also includes a checklist to help regulators conduct an initial review of their existing oversight mechanisms.

Get practical tools and guidance for financial controllership you can put to immediate use The Controller’s Toolkit delivers a one-of-a-kind collection of templates, checklists, review sheets, internal controls, policies, and procedures that will form a solid foundation for any new or established financial controller. You’ll get the tools and information you need to master areas like business ethics, corporate governance, regulatory compliance, risk management, security, IT processes, and financial operations. All of the tools contained in this indispensable book were recommended by corporate and business unit controllers from small to medium-sized companies and large, multinational firms. You will benefit from master-level guidance in areas like: Ethics, Codes of Conduct, and the “Tone at the Top” to support ethical behavior The operational and financial aspects of corporate governance The importance of the Committee of Sponsoring Organizations of the Treadway Commission Framework The requirement for entity-level controls The importance of linking the business plan with the budget process The Controller’s Toolkit also belongs on the bookshelves of finance and accounting students, executives, and managers who wish to know more about the often-complex world of financial controls.

The auditor's guide to ensuring correct security and privacy practices in a cloud computing environment Many organizations are reporting or projecting a significant cost savings through the use of cloud computing—utilizing shared computing resources to provide ubiquitous access for organizations and end users. Just as many organizations, however, are expressing concern with security and privacy issues for their organization's data in the "cloud." Auditing Cloud Computing provides necessary guidance to build a proper audit to ensure operational integrity and customer data protection, among other aspects, are addressed for cloud based resources. Provides necessary guidance to ensure auditors address security and privacy aspects that through a proper audit can provide a specified level of assurance for an organization's resources Reveals effective methods for evaluating the security and privacy practices of cloud services A cloud computing reference for auditors and IT security professionals, as well as those preparing for certification credentials, such as Certified Information Systems Auditor (CISA) Timely and practical, Auditing Cloud Computing expertly provides information to assist in preparing for an audit addressing cloud computing security and privacy for both businesses and cloud based service providers.

This is your comprehensive guide to fortify enterprises against evolving cyber threats. Tailored for both cybersecurity professionals and businesses, this guide unveils essential practices, from endpoint security to legal considerations. This guide is an essential step in the comprehensive “Toolkit for Cybersecurity Professionals” series. This comprehensive training guide is designed to empower both cybersecurity professionals and businesses, providing mastery over essential practices required to fortify enterprises against evolving cyber threats. A Quick Look into The Guide Chapters As you conclude this guide, a comprehensive cybersecurity toolkit tailored for Information Security Officers has equipped you with invaluable insights and skills to fortify the digital defenses of businesses and organizations. The foundation was laid by emphasizing the significance of cybersecurity and unveiling fundamental principles. In Chapter 1, delve into the intricacies of endpoint security and patch management. Explore the selection and management of antivirus and anti-malware tools, foster safe browsing habits, and implement robust patch management processes. These skills form the bedrock for a resilient cybersecurity posture, ensuring the protection of endpoints against evolving threats. Chapter 2 sheds light on the critical aspect of a Security Policy Framework. Starting with an introduction, progress to developing, implementing, and enforcing security policies. The emphasis on regular reviews and comprehensive training underscores the dynamic nature of cybersecurity, demanding constant vigilance and adaptation. Chapter 3 focuses on Data Backup and Recovery Strategies. Fortify your arsenal against data loss with a meticulous exploration of backup fundamentals, various methods, and strategies. Automation and verification processes ensure swift recovery and the resumption of operations in the event of a security incident. Chapter 4 outlines the Incident Response Lifecycle, guiding you from understanding to planning, detecting, and responding to security incidents. Equip yourself with the knowledge and strategies to navigate the complexities of incident response effectively. In Chapter 5, explore the legal landscape of cybersecurity. Address the intricacies of data breaches, compliance with regulations, and managing liability. These insights not only enable effective reactions but also provide the tools to navigate the legal dimensions of cybersecurity. Chapter 6, Vendor Security, unveils the intricacies of understanding and countering vendor threats. The guide provides a roadmap for ensuring vendor security, from stringent selection processes to implementing effective countermeasures. This knowledge is pivotal in safeguarding organizations against risks stemming from third-party relationships. As you conclude this guide, you now possess a holistic understanding and a robust toolkit for navigating the intricate landscape of information security. Empowered to proactively protect against cyber threats, respond decisively to incidents, and navigate the legal complexities inherent in the digital realm, you are well-positioned to excel in the ever-evolving field of cybersecurity. This guide, part of a series meticulously crafted for excellence, is not just a manual but a companion in your journey towards cybersecurity excellence.

Emerging as an effective alternative to organization-based information systems, cloud computing has been adopted by many businesses around the world. Despite the increased popularity, there remain concerns about the security of data in the cloud since users have become accustomed to having control over their hardware and software. Security, Trust, and Regulatory Aspects of Cloud Computing in Business Environments compiles the research and views of cloud computing from various individuals around the world. Detailing cloud security, regulatory and industry compliance, and trust building in the cloud, this book is an essential reference source for practitioners, professionals, and researchers worldwide, as well as business managers interested in an assembled collection of solutions provided by a variety of cloud users.

This publication focuses on the critical methods that can be used to dramatically improve the fiscal closing process. The Record to Report (R2R) or Fiscal Closing Process is at the core of the controllership function. The process includes transaction processing, internal and external reporting, and the internal controls—the people, processes, and technology—that constitute the corporate organizational hierarchy. CFOs, controllers, and corporate finance departments require timely, accurate, and consistent data to make appropriate operational and strategic decisions and fulfill statutory, regulatory, and compliance requirements with accurate and timely data. The Fast Close Toolkit offers both strategic and tactical suggestions that can significantly improve the fiscal closing process and provides guidance on new legislation requirements, systems and best practice processes. Checklists, templates, process narratives, and sample policies are provided for every component of the fiscal close. Investors and shareholders expect fast and easy access to the data created by current business activities in the information-driven digital age. The Fast Close Toolkit provides the necessary tools and expert advice to improve the fiscal closing process. Authoritative and up to date, this book: Identifies the bottlenecks that can impact the and improvethe fiscal close process and provides best practices to help alleviate these challenges Defines the Record to Report (R2R) and recommends the roles and responsibilities for fiscal close processes flow Offers the internal controls to use for the end-to-end fiscal close process Describes approaches for risk management, R2R, and fiscal close benchmarking Identifies KPIs for all aspects of the R2R process Provides the mechanism for developing a financial close scorecard Recommends leading practices for both external and internal reporting Provides guidance on how strategic planning, the budget and forecast processes can be streamlined to enhance the fiscal close and internal reporting results Written by a respected expert on internal controls and the fiscal closing process, The Fast Close Toolkit is a valuable source of information for professionals involved in controllership and have responsibility for the fiscal close.

This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight.