CHECK THESE SAMPLES OF Information Technology Audit Requirements
Furthermore, apart from meeting the requirements of IES 2, audit professionals should be knowledgeable mainly in three vital areas: financial accounting and reporting, financial statement audit, as well as information technology (Moeller & Robert, 2004).... The first and most basic requirement is being a professional accountant by attaining membership of an accounting body called IFAC and meeting the requirements set out in IES 1 to 6 (Maletta, 1989).... The Role of an Auditor and audit Firm Letter to Apollo Shoes Name University Course Tutor Date To Apollo Shoes We Kantha audit firm offer various services to our clients such as internal audit services....
3 Pages
(750 words)
Essay
A paper "Sarbanes Oxley and its Influence on the Finance and information technology " claims that the Act recognizes that companies need strong internal financial controls and knowledgeable and independent directors and audit committees to oversee their management and auditors.... Sarbanes Oxley Act (SOX) is considered to be a successful Act by most of the audit firms due to the assurance it provides through financial statements by fairly presenting the condition of a business and requires executive management to assume personal responsibility for their accuracy and completeness....
22 Pages
(5500 words)
Coursework
he reality that electronic or information technology-based commerce is too tempting for an individual who has at least some background on how the system works and in the case of this former employee, he is much aware of the vulnerabilities of the system.... In the paper 'Information Systems audit and Control: Computer Fraud' the author discusses computer frauds, which can inflict enormous damage to an organization and community.... He successfully did this fraudulent act by logging into the Department's network username and password of an authorized staff and hides the audit trail using another employee authorized access codes....
8 Pages
(2000 words)
Essay
The emergent intricacies of information systems entail an exceptionally through and detailed audit program.... audit process help in ensuring the attainability of these factors.... Therefore, it is appropriate to state that in today's scenario audit process is equally important in organisation as any other activity.... A software audit is a process of conducting elaborative and detailed examination of each and every activity with in the purview of policies followed in the organisation....
5 Pages
(1250 words)
Article
This paper examines the role of information security professionals in controlling risks in a period of fast IT growth and the role of corporate governance and statutory audit in ensuring that those systems are working.... As a requirement by law, public companies need to appoint external auditors to undertake a thorough audit of the systems, operations and financial transactions of business and pass an opinion on the truth and fairness of the accounts and systems (Millichamp, 2011, p....
9 Pages
(2250 words)
Research Paper
According to Deegan (2009), Social and environmental audit implies the auditing of organizations environmental and social reporting requirements and reporting thereon going beyond auditing of financial statements.... Ananda (2004) argues that environmental auditing involves assessing whether the company is functioning in accordance with the requirements of environmental legislation.... In addition, the audit intends to attain an independent external appraisal whether the management has formed a proficient environmental policy and offered for a satisfactory environmental approach....
11 Pages
(2750 words)
Term Paper
From the paper "International Auditing" it is clear that the concept on the environment and social auditing is embraced by company management for the purposes of ensuring that they meet regulatory requirements alongside perceived benefits that directly affect stakeholders.... This audit exposes organizations to investors who eventually are capable of analyzing the nature of responsibilities that the organization undertakes with regard to the environment.... The internal audit function is considered as the preferable tool for monitoring of controls, evaluation of operational activities within management strategies and initiatives (Owusu and Frimpong, 2012)....
7 Pages
(1750 words)
Case Study
However, today this process has assumed a much magnified and crucial role with its objective shifting from the general assertion of accounts to the detection of frauds and errors, compliance with legal requirements as well as to attain other business and corporate goals like risk minimization, quality maintenance, cost minimization and control, benefit maximization, achievement of sustainability through financial and operational compliance etc.... he different dimensions and features of auditing processes and the overall audit industry are studied through an analysis and discussion of the requirements of internal and external auditing processes, the types of audits, the existing and emerging trends of audit, the costs and benefits of auditing activities and the impact of the federal laws like the Sarbanes Oxley Act on the rules and procedures of audit on a global platform....
9 Pages
(2250 words)
Research Paper