3. INFORMATION AUDIT
Information is processed data.
Audit means a systematic and independent enquiry
of operations and performances (financial or
otherwise) of an enterprise for a stated purpose.
IA is a process which identifies and evaluates an
organization's flow and recorded information.
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4. According to Association of Special Library
and Information Bureaux (ASLIB),
“A systematic examination of information use,
resources and flows, with a verification by reference to both
people and existing documents, in order to establish the
extent to which they are contributing to an organization's
objectives.”
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6. 6
Continued……
Identifying an organization's information resources and its needs.
Developing an integrated information strategy and/or policy.
Creating awareness of the importance of IRM and defining the
management role.
Monitoring and evaluating conformance with information-related
standards, legislation, and policy guidelines.
To provide direction for an organization's management of its information
resources.
7. Advantage: 7
Leads to better accessibility and speed of retrieval.
Reduction in duplication.
Collecting the information:
To quantify the cost of managing information.
To identify savings.
To improve customer service.
By auditing the Errors can be detected and
rectified in time.
8. Disadvantage:
Time consuming process
Excessive training for auditing
Lack of available information
The payment of audit fees brings extra cost burden to the
organization.
During an audit the auditor requires the attention several
company staff and therefore causes disruption.
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9. Limitations:
An audit does not assure future viability of the organization
audited
An audit does not assure the effectiveness and efficiency
of management.
Auditors express opinion and therefore does not give total
assurance of the true fair presentation of annual reports.
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10. Conclusion
IA is a critical process of evaluation of information.
IA should be a part of an ongoing information cycle of
an organization.
It helps to improve the user services and satisfaction.
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