Auditing Information Technology Using Computer-Assisted Audit Tools and Techniques
The auditor’s role is to assist management in identifying risks and formulating control solutions that minimize those risks. Organizations are changing at an ever-increasing pace. Auditing must change as well to keep pace with organizational environment. Auditing is a cyclical process that uses historical and current information for risk assessment, analysis of controls, reporting to management, and then incorporating audit results into risk assessment (see Exhibit 1).