FISCAM

AcronymDefinition
FISCAMFederal Information System Controls Audit Manual
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FISCAM presents a methodology for performing information system (IS) control audits of federal and other governmental entities in accordance with professional standards.
The FISCAM review of the Navy ERP will help the Navy assess General Accounting Office compliance for this core financial system.
This systems assertion approach likely would produce direct benefits as well as reduce the cost of the final audit (assuming the SAS-70 or FISCAM is maintained current as the final audit is pursued).