Information System Audit
Advancements in internet technology have brought numerous benefits, but they also come with a range of risks and threats. Businesses store critical information about their operations and clients within their IT systems, making it essential not to overlook potential security vulnerabilities. Effectively mitigating these risks is crucial to preventing data breaches, and a comprehensive audit of your IT infrastructure can play a key role in ensuring protection and compliance.
An IT audit involves a thorough assessment of an organization’s IT infrastructure, operations, and software applications. It ensures that existing IT controls effectively protect company assets and are aligned with the organization’s overall business objectives. Through IT audits, the functionality and reliability of information-related controls and processes are evaluated to ensure optimal performance.
In today’s interconnected business landscape, the importance of information security is universally acknowledged. Information has become one of the most valuable assets of any enterprise, making its protection from internal and external threats a top IT priority. An information systems audit provides a detailed review and analysis of automated information processing systems, related manual processes, and their interaction.
IT auditing is the process of gathering and assessing evidence related to an organization’s IT systems, operations, and practices. This evaluation helps determine whether the organization’s systems effectively safeguard assets, ensure data integrity, and support efficient, goal-oriented operations. IT audits are also referred to as computer audits or automated data processing audits. Fundamentally, they focus on the examination of controls within an entity’s IT infrastructure.
At Earnest Consultants, our IT audit services are often conducted alongside financial statement audits, internal audits, or other assurance engagements. We aim to provide a holistic view of your IT environment in relation to your financial and operational controls.
Our assurance team assists you in assessing the effectiveness of IT controls as they relate to your financial reporting and business processes. Our comprehensive information systems audit includes:
- IT General Control Reviews
- ERP Application Reviews with a Focus on Financial Reporting
- Pre- and Post-Implementation System Reviews
Key Features of IT Audit Services
Ensuring the integrity and proper classification of data and information
Preventing and detecting unauthorized changes or access
Minimizing risks related to data tampering, loss, or leakage
Assessing the organization’s ability to protect its information assets
Identifying and understanding critical technological risks faced by the organization
