The procurement function is a critical area of organizations where spend is a top priority. The Controllership function is involved in spend management. It is logical that the Controller should take a role in working with the procurement function.
The procurement function may report to various areas within an organization including the Chief Operating Officer (COO), Chief Procurement Officer (CPO), Chief Executive Officer (CEO) and the Chief Financial (CFO) or Accounting Officer (CAO). Regardless of the reporting line of the function, the accounting and controllership functions must have an integral understanding of all processes involved within procurement. This understanding assists the controller and accounting area in properly optimizing and controlling costs associated with the process.
DESIGNED FOR
Audit partners/managers (external audit), Internal audit leaders and staff, SOC 1/SOC 2 and assurance practitioners, IT audit and technology risk professionals, Risk advisory/consulting professionals serving cloud-focused clients
BENEFITS
- Identify common cloud security risks and misconfigurations that traditional audit programs frequently overlook
- Understand why periodic, point-in-time audits are insufficient for cloud environments and how continuous change introduces audit gaps
- Explain how Cloud Security Posture Management (CSPM) tools support continuous risk identification, control validation, and audit evidence collection
- Apply practical techniques to modernize cloud audit programs, aligning audit, security, and risk teams around continuous assurance
HIGHLIGHTS
- Cloud Audit Blindspots
- Continuous Change Gaps
- CSPM-Enabled Assurance
- Risk-Based Prioritization
- Audit Program Modernization
PREREQUISITES
Basic cloud computing, cloud security risks, and audit techniques, including using tools like Cloud Security Posture Management (CSPM)
ADVANCE PREPARATION
None