[kictanet] Why ISACA is cracking the whip on individual auditors

[Paul Roy]

Thank you all, actually i think this should be a multi-stakeholder approach
not any single entity.

Can i ask kicktanet to get a speaker for the upcoming Secure Kenya II in
May to talk about this issue?  I will be keen to get a topic around policy
and framework? checkout www.isaca.or.ke for the conference details.

I will invite CBK leadership to attend as well. The CS Joe Mucheru will be
the chief guest.

Thanks,
Paul Roy.


On Fri, Apr 8, 2016 at 5:31 PM, Ali Hussein <ali at hussein.me.ke> wrote:

> Paul
>
> Great initiative. I'm keen to get more details on this as we all know that
> the old saying:-
>
> G - Garbage
>  I -  In
> G - Garbage
> O - Out
>
> Holds even more true today in the age of automation than it did before.
>
> Regards
>
> *Ali Hussein*
> *Principal*
> *Hussein & Associates*
> +254 0713 601113 / 0770906375
>
> Twitter: @AliHKassim
>
> Skype: abu-jomo
>
> LinkedIn: http://ke.linkedin.com/in/alihkassim
>
>
> "Discovery consists in seeing what everyone else has seen and thinking
> what no one else has thought".  ~ Albert Szent-Györgyi
>
> Sent from my iPad
>
> On 8 Apr 2016, at 2:55 PM, Paul Roy via kictanet <
> kictanet at lists.kictanet.or.ke> wrote:
>
> Dear Listers,
>
> On November 13, 2015 I wrote to the CBK governor Dr. Njoroge expressing
> concerns over the conduct of audit firms in Kenya. Top of my agenda was to
> instill discipline to the auditors in Kenya and restore confidence to
> shareholders over reported state of their business. This was as a result of
> the collapse of Imperial bank with blames pointing to weak audit practices
> and some sort of collusion.
>
> As you may know, I am the current President of ISACA Kenya the body that
> certifies and regulates IT/System Auditors(CISA). ISACA has a code of
> conduct for all it's professionals working in the cybersecurity, assurance,
> audit and risk management functions. All certified members know that they
> are required to adhere to strict ethical standards.
>
> That's why in the wake of the mounting blames on poor audits and in
> particular IT audits, as an association we are going to investigate
> individual auditors and recommend that they are struck off their title
> should they be found culpable. Further we are going to work with CBK to
> enforce that all IT/System auditors must be fully certified and also be in
> good standing with professional bodies ICPAK, ISACA & others.
>
> By holding individuals accountable will help eliminate instances of
> collusion and professional negligence in performance of IT/System Audits
> and give shareholders and the regulator a true reflection of their
> financial institutions.
>
> Your views and suggestions are welcome.
>
> regards,
>
> Paul Roy Owino.
> ISACA President.
>
>
>
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-- 
"Change is slow and gradual. It requires hardwork, a bit of
luck, a fair amount of self-sacrifice and a lot of patience."

Roy.
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