Auditing in an IT environment and reviewing IA
Taught by Peter Woolley · AI tutor support included
You'll learn how information systems affect the internal audit process and how auditors can work effectively within IT environments.
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In this lesson
- 0:00 Introduction to IT systems in internal audit
- 0:32 Systems development focus and best practice approach
- 1:12 Auditing through systems versus around them
- 1:55 Computer assisted audit techniques explained
- 3:33 Detection risk and assessing audit quality
- 4:04 PAIR framework for evaluating audit departments
- 5:37 Internal audit role and exam requirements
About this lesson
This video explores why internal auditors must understand systems development and how software actually operates — rather than simply checking inputs and outputs — to identify real risks. You'll discover Computer Assisted Audit Techniques (CATs) that auditors use to increase efficiency and coverage, including re-performance of calculations, analytical review, test data, and embedded audit facilities. Finally, you'll examine how to assess internal audit quality using the PAIR framework: professionalism, authority, independence, and resources — all critical for reducing detection risk and ensuring internal audit adds genuine value to your organisation.
Duration: 6m
Transcript
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