Audit Testing Procedures – 5 Types and Their Use Cases

As an information systems auditor, your work produces opinions and assertions on the status of different controls that the management has instituted. But the auditor doesn’t make arbitrary opinions. Any final view that auditor expresses in their report is backed by evidence and powered by audit testing that they performed to reach their conclusions.  Doing … Read more

Best Data Analytics Tools for IS Auditors

Information systems auditors have been using computer assisted audit techniques for many decades now. Initially their tools were limited to spreadsheets and SQL on database. However, the need to data analytics has been growing over time and shift of audit focus has been away from sample to audit of whole population. This demand has led … Read more

What are Internal Controls and Their 3 Types

We discussed earlier why there is need for risk management in an organization. The risks identified minus the residual risks need to be controlled, minimized, mitigated or prevented. And this is where the role of internal controls comes. What are internal controls Before learning about types of internal controls, we should have a basic idea … Read more

Management and Organization of IT Audit Function

So how should the IS audit function be organized in an organization. By organization we mean what should be the scope and objectives. How it should be managed collectively and at individual audit level. Among other things related to IS audit management are audit planning, actual audit implementation, IS audit resource management, effect of prevalent … Read more

ISACA IS Auditing Standards and CISA Examination

Auditing standards regulate audits and all types of audit rely on some auditing standards for performing the audit assignment. Before discussing the ISACA IS auditing standards in detail, let us first know the reasons why auditing standards exist and whey these are mandatory to be used in audit assignments. Why using Auditing Standards is important? … Read more