Sama Audit Systems & Softwares Private Limited

• INGAF – Sama Joint Internal Audit course
• BCAS - Internal Audit course

Institute of Government Accounts & Finance (INGAF), CGA, Ministry of Finance, Government of India and Sama Audit Systems & Softwares Pvt. Ltd. & Joint course on Internal Auditing

A five week course on Internal Auditing was developed for “Institute of Government Accounts & Finance (INGAF)”, training academy of Controller General of Accounts Office (CGA), Ministry of Finance, Government of India to be jointly run at four centres – New Delhi, Mumbai, Kolkata and Chennai in 2013. A total of 140 participants were trained in five batches in September, 2013 and October,2013.

The course design was made to ensure that there is general appreciation for and the ability to use and further develop the concepts and practices of Internal Audit – Theory and Process including Reporting, Control Frameworks, Risk Management, Fraud, IT Audit and Communication skills. The core framework for the same was the available International and National Standards on Internal Audit, Internal Control and Risk Management. The course was made into a compact 5 week course including one week of practical internal audit to be carried out in the field. The Book on “Internal Audit - Governance, Risk & Control” by Deepjee Singhal and Manish Pipalia published by CCH India was sought to be kept as the core reference material apart from other reading material which was compiled in 3 volumes. As Good Governance is the core for an Internal Auditor a Book on “Corporate Governance and Stewardship” by Dr. N. Balasubramanian published by Tata McGraw Hill India was considered to be sound reference material for the participants. A book on “Rahat Lekha” by Supriya Nath which is a case study on streamlining and ensuring payments to Bhopal gas victims and is an exemplary work carried out by CAG Accounts was also given to all participants.

We offer onsite training to Internal Audit Teams by experienced trainers for - Internal Audit, Risk Management, Data Analytics, IT Auditing.

Learning Methodology would include Classroom teaching, Class Discussions and Exercises, Case Study, Management Films, Videos, Management Games and Multiple Choice Question Test.

Duration of the Programmes can be tailored based on the desired learning outcomes and can be from half day events, 1 day, 2 days, 3 days or for any larger period as required.

• Internal Auditing
• Risk Management
• Data Analytics
• IT Auditing

Internal Audit Training is offered as a complete Internal Audit process or in modules as desired by organizations -

• Internal Audit Charter
• Risk Based Internal Audit Planning
• Internal Audit Process and Techniques
• Internal Control - COSO Framework
• Communication in Internal Audit
• Internal Audit Reporting
• IT Audit and IT Forensics
• Using Data Analytics - IDEA
• Combating Frauds

IDEA Boot Camp 10th to 12th March, 2016.

The IDEA Boot Camp is the premier event for IDEA Data Analysis Software users from beginners to specialists. Whether you are new to IDEA, a seasoned user or just considering it – you will find there is a lot to learn and implement at this exciting one of a kind event. The Boot Camp will provide you with the required skill sets in terms of data analysis, control testing, MIS reporting, complex data mining, large database reconciliation, statistical sampling, red-flag analytics and continuous monitoring to take your analytic experience in IDEA to the next level.

CaseWare Analytics, Canada has launched IDEA version 10 quite recently and the Boot Camp will cover three of the most valuable feature enhancements that will accentuate your analytic intelligence through IDEA - Discovery, Visualisation and Fuzzy Duplicates.

Read more

Sama was formed in 1998 with an objective to enable business excellence through the use of world class Softwares, more competent Business Leaders, Managers, Risk and Audit Professionals and stronger processes and assurance structures.
Having taken a lead in promoting audit solutions in India, it has become a leading player as a Data Analysis Solutions provider. Sama works with a wide range of organisations/institutions in the Government, Public Sector and Private Sector in South Asia and Middle East in institutionalising the solutions and ensuring that they are operational on an ongoing basis. Sama currently offers some of the most effective solutions globally available in the field of Continuous Control Monitoring, Data Analysis and Risk Management.

Smart Exporter Solution

SAP is used by thousands of organizations worldwide, and if your role requires you to analyze SAP data outside the system, you may have encountered some challenges. Smart Exporter resolves many common issues associated with accessing SAP data such as security, data capacity and timing of data downloads.

SmartExporter was developed by Audicon GMBH, an SAP Certified Partner, and the application is certified by SAP. It significantly reduces or eliminates the need for IT involvement to obtain data sets from SAP which saves time and effort. Data requests are generated in a Windows-based desktop interface by selecting from a standardized directory of more than 79,000 SAP tables or your company’s customized directory. After configuring the data request by defining the tables, fields and filters, you may save it as a "Favorite" for repeat use. SmartExporter can be used online or offline, and data exports may be scheduled for a specific time to reduce system impacts. In just a few simple steps, you can access the exact SAP data you need in a variety of formats for further analysis. Try the Starter Edition free now> or compare the full version to the Starter Edition.

We work with organisations in mapping processes and identifying the controls as embedded in the processes. Internal Controls identified are categorised in one of five COSO components Control Environment, Risk Assessment, Control Activities, Information & Communication and Monitoring and also in terms of and Non Key as per its ability to mitigate the risk. Each control activity is further identified in terms of its impact on nature of assertion (existence, occurrence, valuation, completion, presentation & disclosure, rights & obligations) made in the financial statennents.The internal control design is reviewed and need for strengthening identified.The performance of the designed internal control is reviewed for effectiveness by auditing relevant samples for each control.

Meeting Customers expectations and being successful in the market means risk and risk means reward as well as potential loss. Managing Risk is a skill that can be developed and structured through training and participation in the process of identification and assessmentWe help organisations institutionalise Risk Management as a good business practice. Risks must be analysed and managed.

Enterprise risk management involves the following activitie

• To establish the contexts for corporate performance.
• To identify and assess the significant inherent risks facing the organisation.
• To evaluate and improve internal control systems in response to risk.
• To assess the potential rewards and costs in risks and controls.

Internal control systems are essential for the effective operation of any organization. However; over time, without monitoring, control systems deteriorate. Through the implementation of appropriate monitoring processes, organizations can identify and remedy internal control deficiencies on a timely basis and produce more reliable information for decision making and financial reporting. Monitoring procedures can be either ongoing (continuous) or separate evaluations. However, labour-intensive separate evaluations can be very costly and often ineffective. Continuous monitoring can substantially reduce the need for separate evaluations by gathering almost all the evidence needed to support the risk management system.

Get in touch with us to know how we can help you in this area.

We provide consulting services for the installation, implementation and customization of all CaseWare™ products and associated technologies.

Whether providing specific services or complete turn-key solutions, out professionals are experienced and skilled in assessing, designing and implementing quality solutions efficiently and with a maximum ROI. They possess a wealth of experience in assessing and identifying business requirements and are knowledgeable in working with complex technical environments.

General Service offerings include:

• Identification of goals, requirements and conditions for success
• Business process assessment
• Development of risk, controls and benchmarks matrix
• Installation and configuration
• Implementation
• Report configuration
• Customization
• Optimization

In this increasingly flat world a small business can act big using Information Technology,With increasing involvement of knowledge workers in businesses, managing their productivity and achieving desired performances are the challenges being faced.

Our consulting services include business advisory, training, drafting policies and designing SOP's, defining MIS, establishing a framework for review of business performance, review of working capitar management practices, review of statutory compliance framework, introducing best practices in business processes and generally working with the management for superior performance of business.

We also conduct training programmed for Internal Audit and IS Auditing personnel and Managers at all levels to unsure an efficient and effective Internal Audit after-studying the needs of the organization.

The use of effective internal controls systems, when implemented properly, is good business, as it provides assurance that financial information is correct, businesses are operating efficiently and assets are safeguarded. Addressing breakdowns in internal controls in a timely and efficient manner allows businesses to improve their profitability

Companies today have massive amounts of data at their disposal. Yet they fail to utilize it in any meaningful way. Data analysis enables companies to systematically leverage their data in key business decisions and processes, with impressive results. In a world where the traditional basis of competitive advantage have largely dissipated, analytics separate your company’s performance from that of your peers. Analytics make for smart decision making and help business extract maximum value from their processes. Becoming more analytical is not solely the responsibility of a manager. Analytics have to permeate the entire fabric of an organisation. Analytics give managers tools to understand the dynamics of their business. Systematic analytics can establish firmly whether policy initiatives are causing desired changes in business, or whether it’s simply the result of random environmental interventions. Once adopted analytics transform decision making from hindsight to insight to foresight.

IDEA is a powerful and user-friendly tool designed to help accounting and financial professional extend their auditing capabilities, detect fraud and meet documentation standards. Designed by auditors for auditors, IDEA speaks your language and offers an intuitive user interface.

IDEA allows you to quickly import data from almost any source, including reports printed to a file, such as PDFs. IDEA offers unlimited file size capabilities, and the ability to analyze, join, sample and extract large volumes of data in seco

The quality of information provided by the IT infrastructure should be as per the needs of the decision being taken. How the various decisions related to the IT infrastructure are taken and tmplemented forms the core of good IT Governance.

We help organisations structure a sound IT Governance framework and also evaluate the current state of the overall IT governance with recommendations for strengthening the same.

Get in touch with us to know how we can help you in this area.

Examiner gives you the power to shift through Windows network security event logs to extract the entries that may have a security impact. The predefined routines identify deviations from corporate policy, security breaches and inappropriate usage.

Examiner includes a File Generator, which easily acquires the log files from windows PC or Server Operating Systems. During the same process, you can choose the level of testing you want to perform for each of the files.

The Standard and Advance tests provide a combination of profile information, e.g., number of events by category, as well as specific extractions, errors, accounts with expired password, unsuccessful logons, etc.

Smart Analyzer is a collection of basic audit tests and that can be run by any auditor with a minimum amount of training.

Smart Analyzer's test routines can be used on every audit engagement to improve audit quality and consistency. They will help you meet today's audit standards, including standards related to fraud such as SAS 99. Smart Analyzer offer an extensive set of routines for analysis of general ledger accounts receivable, inventory, fixed assets and accounts payable transactions.

• When attempting to analyze SAP data outside the SAP environment, users face a number of unique challenges including large volumes of data, complicated structures, complex workflows and company-specific modifications. Data extraction processes are extremely time consuming, and often require the assistance of IT professionals.

• SmartExporter resolves many common issues associated with accessing SAP data such as security, data capacity and timing of data downloads.