Jaspreet K. Badesha

  • Jaspreet K. Badesha posted a new activity comment 1 week, 4 days ago

    Session Score: 62%
    Total Time: 0:37:08
    Number of Questions: 50
    Average Time: 0:00:44

  • Jaspreet K. Badesha posted a new activity comment 1 week, 4 days ago

    Session Score: 70%
    Total Time: 0:21:04
    Number of Questions: 50
    Average Time: 0:00:25

  • Jaspreet K. Badesha posted a new activity comment 3 weeks, 2 days ago

    Domain 1 – Quiz 2

    Session Score: 80%
    Total Time: 0:25:47
    Number of Questions: 50
    Average Time: 0:00:30

  • Jaspreet K. Badesha posted a new activity comment 3 weeks, 2 days ago

    Session Score: 60%
    Total Time: 0:31:56
    Number of Questions: 50
    Average Time: 0:00:38

  • Jaspreet K. Badesha posted a new activity comment 2 months, 3 weeks ago

    In my opinion, “the faker” is the worst type of auditor. The rationale behind me choosing this type of auditor as the worst type is because they no longer care to learn or get the right answer and instead try to avoid the problem. They will be loosing credibility as they try to bluff, fake and use jargon to try to get by. The auditor will sti…[Read more]

  • Jaspreet K. Badesha posted a new activity comment 2 months, 3 weeks ago

    I believe that both the depth of knowledge and its impact on the enterprise are very important as they kind of go hand in hand. You cannot really asses the impact of technology on an enterprise if you do not know about the background of that technology. For an organization though I do feel like the impact of that technology on the enterprise is…[Read more]

  • Jaspreet K. Badesha posted a new activity comment 2 months, 3 weeks ago

    I agree that “The Lazy” auditor is a bad one since it appears they lost their drive and only want to work on low risk projects and not any highly important ones. However in my opinion the “faker” is worse because they are causing project to lose credibility whereas the lazy auditor is doing their work but just not on high risk projects.

  • Jaspreet K. Badesha posted a new activity comment 2 months, 3 weeks ago

    I forgot to add that the faker can’t even be bothered to learn about the process and projects whereas the lazy auditor knows about them.

  • Jaspreet K. Badesha posted a new activity comment 2 months, 3 weeks ago

    The Millennial generation’s biggest soft skill that will contribute to the audit and assurance profession, I believe, is the exposure to technology from a young age. Having this long relationship with technology makes it easier for us to learn and adapt the inner workings of new and old technology. Millennials also have vast problem solving s…[Read more]

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    I found an article relating to the Banks and Cybersecurity Infographic in our reading.

    U.S. Bank regulators outlined cyber security standards that are enforced to protect financial markets and c […]

  • Jaspreet K. Badesha posted a new activity comment 5 months, 2 weeks ago

    3. A person’s character is very crucial in the audit industry. How would you build your reputation and maintain a good ethical character in this industry?

    I would build my reputation by being a great listener and not showing biased towards anyone. I would then conduct audits with integrity even when tempted with allowing items to slip through t…[Read more]

  • Jaspreet K. Badesha posted a new activity comment 5 months, 2 weeks ago

    1.How much of automated controls should be desired? Is it beneficial to consider controls at the initial design phase or controls are introduced as and when needs arise?
    An organization will probably want to implement majority of the automated controls offered as they will be ‘blanket’ controls that will cover basic issues that most organizations…[Read more]

  • Jaspreet K. Badesha posted a new activity comment 5 months, 2 weeks ago

    Sean, I completely agree with your response to characteristics of an auditor. Integrity is definitely one of the most important if not the most important quality an auditor can have. Without integrity and unbiased an auditor is nothing as they will never truly see a process for what it actually is.
    I also strongly agree with your statement /…[Read more]

  • Jaspreet K. Badesha posted a new activity comment 5 months, 2 weeks ago

    Said, this is exactly what I was going to state. The implementation of such a large international organization would take a lot of careful planning and time for implementation. This would be done in a very slow roll out testing it in certain groups as their ERP system would be very complex. They would want to ensure that everything is able to be…[Read more]

  • Jaspreet K. Badesha posted a new activity comment 5 months, 2 weeks ago

    This was supposed to be a comment.

  • Jaspreet K. Badesha posted a new activity comment 5 months, 2 weeks ago

    Said, this is exactly what I was going to state. The implementation of such a large international organization would take a lot of careful planning and time for implementation. This would be done in a very slow roll out testing it in certain groups as their ERP system would be very complex. They would want to ensure that everything is able to be…[Read more]

  • Jaspreet K. Badesha posted a new activity comment 5 months, 3 weeks ago

    Hi Ruslan,
    I agree with your summarization of a security auditors roles and the description of key benefits an external auditor should provide. I feel like in this case, particularly, the external auditor fell short in their duties and the internal auditor fell even shorter. The flaws found in the TJX systems should have been caught by an…[Read more]

  • Jaspreet K. Badesha posted a new activity comment 5 months, 3 weeks ago

    Security auditing essentially lead to all of the problem encountered at TJX.

    Essentially TJX was found to be missing the following:
    1. Absence of network monitoring
    2. Absence of logs
    3. Presence of unencrypted data stored on the system.
    4. Retention of customer data years after it should have been purged

    When an audit was completed on…[Read more]

  • Jaspreet K. Badesha posted a new activity comment 5 months, 3 weeks ago

    Hi Paul,
    This is very true. I agree that SAP is well established and doesn’t need to change its GUI as most customers are familiar with it … but if a different company adapted their interface to be more familiar it might give SAP a run for their money therefore SAP might want to make some changes themselves to make themselves competitive.

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