Auditing IT Governance – Part VII
An IT auditor should include in the audit ambit relevant processes for planning, organizing, and monitoring the IT activity. Contextually, the audit ambit should include control systems for the use and...
View ArticleAuditing IT Governance – Part VIII
Regarding audit staffing, potential IT governance engagement members should have the appropriate seniority and proficiency. Generally, when IT governance audit objectives involve a wide range of...
View ArticleIrregularities and Illegal Acts Agreed-Upon Procedures Assessments – Part I
Governmental statues may require an entity’s management design, implement, and maintain a system of internal controls; however, internal controls verification usually is an auditor attestation...
View ArticleIrregularities and Illegal Acts Agreed-Upon Procedures Assessments – Part II
Under most circumstances, financial auditors must plan tests that provide reasonable assurance that fraud does not exist. When an IT auditor is involved in an external financial statement audit, if...
View ArticleIrregularities and Illegal Acts Agreed-Upon Procedures Assessments – Part III
“Computer forensics (sometimes known as computer forensic science[1]) is a branch of digital forensic science pertaining to legal evidence found in computers and digital storage media. The goal of...
View ArticleIrregularities and Illegal Acts Agreed-Upon Procedures Assessments – Part IV
At the IT level, general controls usually represent the policies, procedures, and directives applied to all or a large portion of an entity’s information systems and assist in ensuring their proper...
View ArticleIrregularities and Illegal Acts Agreed-Upon Procedures Assessments – Part V
Effective policy, procedure, or directive compliance requires an extensive set of interrelated practices as well as processes. However, organizational policies, procedures, and directives may not...
View ArticleIrregularities and Illegal Acts Agreed-Upon Procedures Assessments – Part VI
Computer usage in information processing systems frequently eliminates generally accepted accounting control principles regarding adequate SOF and SOD. In particular, manual system organization...
View ArticleIrregularities and Illegal Acts Agreed-Upon Procedures Assessments – Part VII
SOD controls are designed to reduce the opportunities for errors, mistakes, omissions, irregularities, and illegal acts perpetration and concealment. SOD is a primary internal control measure utilized...
View ArticleIrregularities and Illegal Acts Agreed-Upon Procedures Assessments – Part VIII
Jointly, physical and logical security can significantly reduce the risk of irregular and illegal acts. Within this context, superior IT physical security is a major larceny deterrent for certain...
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