DESCRIPTION
This module allows participants to reflect on the impact general IT controls have on the Audit plan as a whole and presents a logical process auditors can use to comply with the professional standards requirements related to IT general controls. Through a three-part case study, participants have the opportunity to see how the audit plan can vary depending on the general IT controls in place at each client.
LEARNING OBJECTIVES
- Define common terminology related to IT controls
- Create a plan to comply with GAAS requirements applicable to the consideration of general IT controls in a financial statement audit
- Describe the downstream impact of information gathered during the consideration of general IT controls
