IT Auditing: How to Apply Analytical Procedures for Meaningful Analysis

This webinar facilitates understanding analytical procedures associated with performing IT assurance services and defining risk areas using a system perspective. The "IT Auditing: How to Apply Analytical Procedures for Meaningful Analysis" webinar presents guidance following the general structure of planning, studying, testing, reporting, and follow-up. The offered activities apply to broadly or narrowly defined IT audits.

Why Should You Attend:

As computing power has advanced, enterprise personnel have become increasingly dependent on technology to carry out operational requirements of collecting, processing, maintaining, and reporting essential data. This reliance on electronically encoded data and the systems affecting managerial decisions constitute a significant auditor concern. Consequently, information technology (IT) auditors examine the adequacy of controls in information systems and related operations to assure effectiveness and efficiency in business processes. Regarding assurance practice content, this webinar will address analytical techniques and detail evaluations. In this webinar, a discussion will occur relating the suitability of using analytical procedures for determining appropriate IT due diligence.

Information systems necessitate a high degree of reliability and integrity considering the effect on decisions. This condition results from the frequent need to extract system-generated information as opposed to manually created information to aid in making business decisions. Hence, auditors need to convey timely opinions on both the quality of data and the information produced by systems utilizing digital processing techniques. Typically, analytical procedures explore interrelationships and patterns of selected audit area items.

In this analytical procedure's webinar, information systems management expert Dr. Robert E. Davis, CISA, CICA, will discuss risk modeling, control substantiation, and event visualization for information and related technology. Systemically, Dr. Davis also will cover the accepted criteria for examining information systems deployed in specific audit areas.

Areas Covered in the Webinar:

• IT audit system perspective application
• Key terminology definitions related to IT audit analytics
• Principles for performing IT audit analytical procedures
• Practices for performing IT audit analytical procedures
• Sound IT audit risk considerations through analytical techniques
• Effective IT audit substantive testing
• Analytic visualization techniques
• How to articulate an IT audit business case

Frequently Asked Questions:

1. Why visualization and what is the impact of visualization?
2. Can you elaborate on data visualization?
3. Bootstrapped data, does this mean virgin data (new)?

Who Will Benefit:

• Risk Management Personnel
• Internal Auditors
• External Auditors
• Information Systems Personnel
• Compliance Personnel
• Information Security Personnel