Internal Audit
Shifting from Policing to Partnering
Internal audit is evolving from a risk & control function to a trusted advisor that drives insight & influence across the organization
Benefits of Outsourcing or Co-sourcing the Internal Audit Function
Outsourcing and co-sourcing the internal audit function offer organizations benefits like cost savings, access to specialized expertise, enhanced objectivity, and increased flexibility. These approaches also allow companies to scale their audit resources efficiently and free up internal resources for core business activities.
An IT audit examines and evaluates an organization’s information technology, operations & controls.
It determines whether IT controls are protecting corporate assets effectively, ensuring data integrity and are aligned with the business’s overall goals
IT audit is a specialized part of accountancy, specifically falling under the broader umbrella of auditing, which itself is a branch of accounting. While accountants focus on compiling financial data and creating reports, auditors verify the accuracy and compliance of those financial records and processes, including those related to IT systems.
IT audit can also be an integral component of cybersecurity audits, focusing on the examination of an organization's information technology operations, controls, and infrastructure to identify and mitigate security risks. Cybersecurity audits leverage IT audit principles and methodologies to assess vulnerabilities, ensure compliance, and enhance the overall security posture of an organization's IT systems.
Our IT Audit Services examines at least one of these seven key domains:
IT Governance & Technology Risk Management
IT Management
Information System Operations & Resilience
Systems Life Cycle
Information Asset Protection
Information Technology General & Application Controls (ITGC & ITAC)
Cybersecurity
Contact us to schedule a free one-hour consultation to find out more about our internal audit and IT audit services
We advocate the practice of cybersecurity-by-design
“I view cyber security as a key enabler to digitalisation”
“I view it as the brakes on a car. If you want to drive fast, you need good brakes. So if you want to go into the digital world, you need good security.” - Mr David Koh, Chief Executive of Cyber Security Agency of Singapore (CSA)
