Technology enables rapid global business growth and advancement. It is also a major source of business risk. Boards and senior executives recognize the importance of technology, but can struggle to understand and manage it effectively. Often, business executives and IT professionals don’t speak the similar language. This communication gap can lead to misunderstandings and misaligned expectations and outcomes.
Everyone is aware of the requirement for information security in today’s highly networked business environment. Information is arguably among an enterprise’s most valuable assets, so its protection from predators from both within and outside has taken center stage as an IT priority. Information System Audit encompasses a comprehensive review and evaluation of automated information processing systems, related non-automated processes and the interface between them.
An IT audit is the process of collecting and evaluating evidence of an organization’s information systems, practices, and operations formerly known as Electronic data processing (EDP) audit. Obtained evidence evaluation can assure whether the organization’s information system safeguard assets, maintain data integrity and is operating effectively and efficiently in order to achieve the organization’s goals or objectives. IT audits are also called automated data processing (ADP) audits and computer audits. An information technology (IT) audit or information systems (IS) audit is an examination of the controls within an entity’s Information technology infrastructure.