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EXTERNAL AUDIT (BENEFITS (More credible than internal audit, Offer value…
EXTERNAL AUDIT
IT AUDIT DRIVERS
Achieving certification of an organization’s internal processes, offer potential benefits
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OPERATIONAL ASPECTS
VOLUNTARY VS. MANDATORY
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II. VOLUNTARY: those associated with certificatio, QA, or independent validation of internal controls, processes
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CHALLENGES
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External auditor overconfidence, misinterpretation or bais
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AUDITOR INDEPENDENCE: means independence of both auditing firm and individual conducting the audit. Maintaining independence of external audit is a strict requirement in most legal audits