The document provides an overview of the IS audit process chapter from a CISA review course. It discusses the organization of the IS audit function, audit planning, ISACA standards and guidelines, risk analysis, internal controls, and performing an IS audit. The objective of the process area is to ensure CISA candidates have the knowledge to provide IS audit services in accordance with standards and best practices to protect and control technology and business systems.
Internal Audit is a tool of control to measure and evaluate the effectiveness of the working of an organization primarily with accounting, financial and operational matters.
Internal Audit plays a constructive role by rendering service to the management with objective appraisal of systems, procedures, practices, compliance with policies.
LetzConsult presents a smarter ways for companies to find the most relevant Consultant for their business needs. Find the right consultants for your Company on LetzConsult.com
This plan is uploaded to be use as a sample to help people to get an idea. This internal audit plan is prepared for an automotive business activity. I hope it will be useful.
An internal audit is designed to review what a company is doing in order to identify potential threats to the organization's financial health and profitability and to make suggestions for mitigating the risk associated with those threats.
What is the purpose of internal auditing? How important is it to the business? How are internal audits planned and carried out? These slides show the relevance of internal audit to the business, how internal audits relate to the objectives and risks of the business, how they are planned and the work involved in an internal audit. Further advice is available from www.internalaudit.biz
Internal control is a process designed to provide reasonable assurance regarding the achievement of objectives in the following categories:
Effectiveness and efficiency of operations
Reliability of financial reporting
Compliance with applicable laws and regulations
This presentation examines ICs and their effectiveness.
Presentation by Jose Viegas Ribeiro on internal control and internal audit given at the workshop on Improving outputs of internal control units through self-assessment co-organised by SIGMA with the Ministry of Finance of Jordan, Amman 6 November 2014
Hanrick Curran Audit Training - Internal Controls - March 2013Matthew Green
Training delivered to assisting audit staff as part of their continuing professional development/education (CPE/CPD). Provided in a 60 minute session with substantial discussion and interaction.
The most comprehensive definition of internal audit is given by the IIA, USA. It is,
"Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization’s operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes."
The purpose of the presentation is to provide clarification for a better understanding of what internal audit definition, objectives, functions, stages and reporting are all about? What difference does it make in the presence of an external audit? How different is its scope from that of the external audit? How internal audit standards contribute to better performance of internal audit work and its reporting to the Board or Audit Committee?
Internal Audit is a tool of control to measure and evaluate the effectiveness of the working of an organization primarily with accounting, financial and operational matters.
Internal Audit plays a constructive role by rendering service to the management with objective appraisal of systems, procedures, practices, compliance with policies.
LetzConsult presents a smarter ways for companies to find the most relevant Consultant for their business needs. Find the right consultants for your Company on LetzConsult.com
This plan is uploaded to be use as a sample to help people to get an idea. This internal audit plan is prepared for an automotive business activity. I hope it will be useful.
An internal audit is designed to review what a company is doing in order to identify potential threats to the organization's financial health and profitability and to make suggestions for mitigating the risk associated with those threats.
What is the purpose of internal auditing? How important is it to the business? How are internal audits planned and carried out? These slides show the relevance of internal audit to the business, how internal audits relate to the objectives and risks of the business, how they are planned and the work involved in an internal audit. Further advice is available from www.internalaudit.biz
Internal control is a process designed to provide reasonable assurance regarding the achievement of objectives in the following categories:
Effectiveness and efficiency of operations
Reliability of financial reporting
Compliance with applicable laws and regulations
This presentation examines ICs and their effectiveness.
Presentation by Jose Viegas Ribeiro on internal control and internal audit given at the workshop on Improving outputs of internal control units through self-assessment co-organised by SIGMA with the Ministry of Finance of Jordan, Amman 6 November 2014
Hanrick Curran Audit Training - Internal Controls - March 2013Matthew Green
Training delivered to assisting audit staff as part of their continuing professional development/education (CPE/CPD). Provided in a 60 minute session with substantial discussion and interaction.
The most comprehensive definition of internal audit is given by the IIA, USA. It is,
"Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization’s operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes."
The purpose of the presentation is to provide clarification for a better understanding of what internal audit definition, objectives, functions, stages and reporting are all about? What difference does it make in the presence of an external audit? How different is its scope from that of the external audit? How internal audit standards contribute to better performance of internal audit work and its reporting to the Board or Audit Committee?
Here are the ISO 27001:2013 documentation, implementation and audit requirements.
This document specified documentation, implementation and audit requirements for only ISO 27001, but not 114 controls specified in Annex A.
I request IS practitioners to comment and suggest improvements.
CISA Domain 1 The Process On AUDITING INFORMATION SYSTEMSShivamSharma909
ISACA IS Audit and Assurance Standards, Guidelines, and Tools & Techniques, Code of Professional Ethics & other applicable standard.
https://www.infosectrain.com/blog/cisa-domain-1-part-3-the-process-on-auditing-information-systems/
• Become familiar with the internal audit profession and The Institute of
Internal Auditors (IIA).
• Understand the mandatory IPPF guidance:
• The Mission of Internal Audit,
• the Core Principles for the Professional Practice of Internal Auditing,
• the Definition of Internal Auditing,
• the Code of Ethics, and
• the International Standards for the Professional Practice of Internal
Auditing (Standards).
• Understand the strongly recommended IPPF guidance:
• Implementation Guidance and Supplemental Guidance.
• Understand the attributes of a well-executed risk management model
(process)
• COSO Internal Control Framework
• Describe internal auditors’ compliance and fraud-related responsibilities
related to protecting the organization from regulatory violations.
• Be familiar with selected computer-assisted audit techniques, including
generalized audit software.
• Understand the planning, fieldwork, and reporting processes of an audit
• Learn the elements of a finding and the proper presentation in an audit
report
• Understand quality assurance, how it operates, and why it is important to
the internal audit function.
Internal Audit Best Practices for Safety, Environment, and Quality AuditsNimonik
Nimonik has seen a wide variety of internal Health, Safety, Environmental and Quality (HSEQ) audit programs. They seem to come in all shapes and sizes! Each company tends to focus on different risks and controls.
Whether your organization conforms to ISO 19011 or another internal audit standard, re-focusing your internal audit program on your risks, controls, and operational reality is a key driver for operational excellence.
On March 14th, John Wolfe shared insights from over 20 years as a hands-on HSE Director and as the Sr. Director of Operations Integrity Audit for a global Oil & Gas company. John outlined the attributes of an outstanding Internal audit program. He showed you how you can build out a program tailored to your operations and add tremendous value to your business.
Service integration and management (SIAM) is a management methodology that can be applied in an environment that includes services sourced from a number of service providers.
Service integration and management (SIAM) is a management methodology that can be applied in an environment that includes services sourced from a number of service providers.
Service integration and management (SIAM) is a management methodology that can be applied in an environment that includes services sourced from a number of service providers.
Service integration and management (SIAM) is a management methodology that can be applied in an environment that includes services sourced from a number of service providers.
Service integration and management (SIAM) is a management methodology that can be applied in an environment that includes services sourced from a number of service providers.
1. 2007 CISA Review Course CHAPTER 1 The IS Audit Process
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3. Process Area Objective Ensure that the CISA candidate… “ The objective of the process area is to ensure that the CISA candidate has the knowledge necessary to provide information systems (IS) audit services in accordance with IS audit standards, guidelines and best practices to assist the organization in ensuring that its information technology and business systems are protected and controlled . ”
4. Process Area Summary According to the CISA Certification Board, this Process Area will represent approximately 10% of the CISA examination (approximately 20 questions).
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14. II - ISACA IS Auditing Standards and Guidelines 1. ISACA Code of Professional Ethics The Association’s Code of Professional Ethics provides guidance for the professional and personal conduct of members of the Association and/or holders of the CISA and CISM designation
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29. 3. ISACA IS Auditing Guidelines II - ISACA IS Auditing Standards and Guidelines G1 Using the Work of Other Auditors, effective 1 June 1998 G2 Audit Evidence Requirement, effective 1 December 1998 G3 Use of Computer Assisted Audit Techniques (CAATs), effective 1 December 1998 G4 Outsourcing of IS Activities to Other Organisations, effective 1 September 1999 G5 Audit Charter, effective 1 September 1999 G6 Materiality Concepts for Auditing Information Systems, effective 1 September 1999 G7 Due Professional Care, effective 1 September 1999 G8 Audit Documentation, effective 1 September 1999 G9 Audit Considerations for Irregularities, effective 1 March 2000 G10 Audit Sampling, effective 1 March 2000 G11 Effect of Pervasive IS Controls, effective 1 March 2000 G12 Organizational Relationship and Independence, effective 1 September 2000 G13 Use of Risk Assessment in Audit Planning, effective 1 September 2000 G14 Application Systems Review, effective 1 November 2001 G15 Planning Revised, effective 1 March 2002 G16 Effect of Third Parties on an Organization’s IT Controls, effective 1 March 2002 G17 Effect of Nonaudit Role on the IS Auditor’s Independence, effective 1 July 2002 G18 IT Governance, effective 1 July 2002 G19 Irregularities and Illegal Acts, effective 1 July 2002
30. 3. ISACA IS Auditing Guidelines II - ISACA IS Auditing Standards and Guidelines G20 Reporting, effective 1 January 2003 G21 Enterprise Resource Planning (ERP) Systems Review, effective 1 August 2003 G22 Business-to-consumer (B2C) E-commerce Review, effective 1 August 2003 G23 System Development Life Cycle (SDLC) Review, effective 1 August 2003 G24 Internet Banking, effective 1 August 2003 G25 Review of Virtual Private Networks, effective 1 July 2004 G26 Business Process Reengineering (BPR) Project Reviews, effective 1 July 2004 G27 Mobile Computing, effective 1 September 2004 G28 Computer Forensics, effective 1 September 2004 G29 Post-implementation Review, effective 1 January 2005 G30 Competence, effective 1 June 2005 G31 Privacy, effective 1 June 2005 G32 Business Continuity Plan (BCP) Review From IT Perspective, effective 1 September 2005 G33 General Considerations on the Use of the Internet, effective 1 March 2006 G34 Responsibility, Authority and Accountability, effective 1 March 2006 G35 Follow-up Activities, effective 1 March 2006
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32. II - ISACA IS Auditing Standards and Guidelines 4. ISACA IS Auditing Procedures P1 IS Risk Assessment, effective 1 July 2002 P2 Digital Signatures, effective 1 July 2002 P3 Intrusion Detection, effective 1 August 2003 P4 Viruses and Other Malicious Code, effective 1 August 2003 P5 Control Risk Self-assessment, effective 1 August 2003 P6 Firewalls, effective 1 August 2003 P7 Irregularities and Illegal Acts, effective 1 November 2003 P8 Security Assessment—Penetration Testing and Vulnerability Analysis, effective 1 September 2004 P9 Evaluation of Management Controls Over Encryption Methodologies, effective 1 January 2005
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41. 2. IS Control Objectives Internal control objectives apply to all areas, whether manual or automated. Therefore, conceptually, control objectives in an IS environment remain unchanged from those of a manual environment IV – Internal Controls
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48. Definition of Auditing Systematic process by which a competent, independent person objectively obtains and evaluates evidence regarding assertions about an economic entity or event for the purpose of forming an opinion about and reporting on the degree to which the assertion conforms to an identified set of standards. V – Performing an IS Audit Definition of IS Auditing Any audit that encompasses review and evaluation (wholly or partly) of automated information processing systems, related non - automated processes and the interfaces between them .
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75. V – Performing an IS Audit 12. Using the Services of Other Auditors and Experts Considerations when using services of other auditors and experts: • Restrictions on outsourcing of audit/security services provided by laws and regulations • Audit charter or contractual stipulations • Impact on overall and specific IS audit objectives • Impact on IS audit risk and professional liability • Independence and objectivity of other auditors and experts • Professional competence, qualifications and experience
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87. Documentation should include, at a minimum, a record of the: • Planning and preparation of the audit scope and objectives • Description and/or walkthroughs on the scoped audit area • Audit program • Audit steps performed and audit evidence gathered • Use of services of other auditors and experts • Audit findings, conclusions and recommendations V – Performing an IS Audit 17. Audit Documentation
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106. 5. Traditional vs. CSA Approach VI - Control Self-Assessment Traditional approach Any approach in which the primary responsibility for analyzing and reporting on internal control and risk is assigned to auditors and, to a lesser extent, controller departments and outside consultants. CSA approach Emphasizes management and accountability over developing and monitoring internal controls of an organization’s sensitive and critical business processes
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112. VII - Emerging changes in the IS audit process 3. Continuous Auditing Definition “ A methodology that enables independent auditors to provide written assurance on a subject matter using a series of auditors’ reports issued simultaneously with, or a short period of time after, the occurrence of events underlying the subject matter”
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119. VIII - Chapter 1 Case Study 1. Case study Scenario The IS auditor has been asked to perform preliminary work that will assess the readiness of the organization for a review to measure compliance with new regulatory requirements. These requirements are designed to ensure that management is taking an active role in setting up and maintaining a well-controlled environment and, accordingly, will assess management’s review and testing of the general IT control environment. Areas to be assessed include logical and physical security, change management, production control and network management, IT governance, and end-user computing. The IS auditor has been given six months to perform this preliminary work, so sufficient time should be available. It should be noted that in previous years, repeated problems have been identified in the areas of logical security and change management, so these areas will most likely require some degree of remediation. Logical security deficiencies noted included the sharing of administrator accounts and failure to enforce adequate controls over passwords. Change management deficiencies included improper segregation of incompatible duties and failure to document all changes. Additionally, the process for deploying operating system updates to servers was found to be only partially effective. In anticipation of the work to be performed by the IS auditor, the chief information officer (CIO) requested direct reports to develop narratives and process flows describing the major activities for which IT is responsible. These were completed, approved by the various process owners and the CIO, and then forwarded to the IS auditor for examination.
120. VIII - Chapter 1 Case Study 2. Case study Questions 1. What should the IS auditor do FIRST? A. Perform an IT risk assessment. B. Perform a survey audit of logical access controls. C. Revise the audit plan to focus on risk-based auditing. D. Begin testing controls that the IS auditor feels are most critical.
121. VIII - Chapter 1 Case Study 2. Case study Questions 2. When testing program change management, how should the sample be selected? A. Change management documents should be selected at random and examined for appropriateness B. Changes to production code should be sampled and traced to appropriate authorizing documentation C. Change management documents should be selected based on system criticality and examined for appropriateness D. Changes to production code should be sampled and traced back to system-produced logs indicating the date and time of the change