Business owners should adopt an effective IT audit program regardless of whether the technology services are provided internally or externally. In addition, regulatory compliance requirements mandates adoption of internal audit and control procedures that evidence responsibility for review and maintenance of comprehensive and effective internal controls and best practices. Checklist 2.0 platform facilitates building customized audit plans by identifying requirements using multiple options.
The rapid change of information technology landscape not only provide challenges to building an effective audit plan of the IT environment, The huge pile of information from different sources and lack of up-to-date and organized controls requires IT auditors to prepare audit programs every time an environment is audited.
In addition, periodic reviews of the audit plan must be conducted to analyze these changes, to account for new threats and vulnerabilities created by these changes, and to determine the effectiveness of existing internal controls.
The assessment checklist provided by Checklist 2.0 is used to identify the risks and security controls based on different criteria, to estimate the likelihood of security failures, and to assess appropriate controls for protecting assets and resources. IT auditors and security professionals should evaluate the outcome of the results to prioritize solutions for potential problems, taking into account the severity of likely ramifications and the expense of implementing cost-effective and reasonable safeguards or controls.
To assess the quality and effectiveness of the IT environment Checklist 2.0 provides options to generate customizable audit program. The customized audit planning process will assist the examiner in evaluating the adequacy of IT internal controls.