Audit and assurance
The assurance provider
IT audit specialists assist organisations by protecting its internal controls and data within its technology system. They safeguard information by identifying weaknesses and create strategies are in place to mitigate the risks from information security breaches. They examine the organisation's IT systems to ensure sufficient controls are kept, security of data stored or transported. They classify technology issues and provide additional recommendations to management with solutions to address internal controls weaknesses. The perform assurance work over applications and operating environments. They may perform consultative roles in implementations.
IT audit specialists should be able to operate in a digital-first (or digital-only), environment where a lot of the evidence provided by the entity is held in systems without associated paper trails.
The responsibilities of an IT audit specialist may include the following:
IT audit specialists are part of the organisation's corporate governance framework and address IT related risks and assess controls.
IT audit specialists require expertise in audit and assurance standards and techniques. They require a strong knowledge of digital environments both at the operating system and application level.
Are aware of developments in the technology and data and the implications for the information risk environment within an organisation.
They are collaborators who communicate effectively their observations and recommendations by applying critical thinking and problem solving techniques together with business acumen. They are strong project managers.
Opportunities in Fintech
Learn more about the transformative field of Fintech and what opportunities there are for finance professionals in ACCA's latest research.