Information System Audit - Review of Internal Control, Auditing and Secretarial Practice Video Lecture | Auditing and Secretarial Practice - B Com

in this video we will discuss about
steps of information system audit
Institute will be expecting six steps
for this question so what are these six
steps scoping planning fieldwork
analysis reporting and closing now
question is how to remember this point
so first two step during pre audit
scoping and planning is done before
actual starting the auditor next to step
is then during audit execution fieldwork
and analysis and last two step after
auditor is post audit reporting and
closing but more technique to remember
all six steps remember these three
sentence Scotland is planning Finland is
analyzing and Republic of China is
closing
I know it's Finland but for our answer
let us keep restful and so if we
remember this three sentence we will
remember our full answer
now three audit steps Scotland is
planning scoping and planning in scoping
you need to write auditor determines the
main area of focus determines the area
which is out of scope and also involves
in background working and reading
previous audit reports and other related
materials in planning you need to write
scope is broken into further details
planning about audit workflow and rakes
and control matrix is carried out audit
steps Finland is analyzing that is
fieldwork and analysis in fieldwork
auditor basically gathers the evidence
by way of interview reviewing documents
and observing processes analysis part
involves analysis of evidence gathered
earlier two techniques when is sport
another is pest can be used for analysis
okay so post or it steps that is
Republic of China's closing reporting
and closing in reporting the auditor is
involved in reporting to the management
or it observations are reported to the
management closing further involves
follow up with the management to
complete actions on the audit
observations and also inverse preparing
not for future audit thanks for watching