When providing audit assurance, auditors commonly have an opportunity to define current risks to resources and subsequently recommend remedial activities to reduce assessed risks to resources. Professionally, three generally accepted audit fieldwork standards guide auditors in the performance of audit assurance services. These standards impact studying, evaluating and testing controls during audit assurance engagements. However, IT auditors assume additional responsibilities and must overcome complex obstacles to ensure audit assurance processes are in compliance with generally accepted audit fieldwork standards.
“View Part I of the IT Audit Fieldwork: Generally Accepted Processes series here“