Oracle Cloud Financials & Smartview IPE External Audit Concerns
SummarySmartview IPE Data Extraction Concerns
As part of our annual audit, our external auditors have raised a controls concern where completeness and accuracy around Information Produced by the Entity (IPE) “could occur” or “is possible” with the use of Smartview as follows:
Data Extraction and Manipulation Concerns/Risks
Data is not accurately manipulated and presented as expected, including due to improper parameters entered by the end user
Report does not represent a complete population
Report is intentionally or unintentionally altered after being prepared
We have reviewed Oracle’s SOC 1 as it relates to Smartview but unfortunately there is no language supporting the review of the tool.