Technology Audit

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Technology audit or information technology(IT) auditThe basic information technology audit process
basically deals with the examination of the controlsinvolves planning, studying and evaluating controls,
inside an entity's Information technologytesting, reporting and doing follow-ups. Technology
infrastructure. Technology audit is executed togetheraudit initially gathers the information of the company,
with financial statement audit, internal audit, or otherexamines the strength and weaknesses of the
form of testimonial engagement. IT audit is thus acompany for defining the company's innovation needs
process of collecting and evaluating evidence of anby IRC, makes a vision of where the company can
organization's information systems, practices, andcome up in the next 5 to 10 years, define the
operations. The evaluation of evidences obtainedstrategy for attaining the company's objectives and
from technology audit guarantee the organization'sits planned stages and define the action plan for
information systems safeguard assets, maintains dataattaining the set objectives.
integrity, and is operating effectively and efficientlyThe main purpose of Information Technology (IT)
to achieve the organization's goals or objectives. ITaudit is to ascertain the risk to information assets
audit can also be called as automated data processingand implement controls for reducing or palliating the
(ADP) audits and computer audits.risk. IT audit does critical review and judge the
The primary aims of technology audit are to facilitateavailability, confidentiality, and integrity of an
the company discover its technological needs andorganization's information system. At present,
opportunities and serve the IRC(Internet relay chat)Information Technology (IT) auditing is speedily
delineate the most advantageous services for theacquiring ground in audit teams for two reasons. First,
company.most automated business and communications
Technology audit are subdivided into following types.processes of an organization rely heavily on
System and application audit,System developmentInformation Technology (IT) in all aspects. Second,
audit,Audit for management of IT and enterprisetoday, IT systems stand for an appreciable
architecture,Audit for information processingbudgetary allegiance virtually for all institutions and
facilities,Audit on Client/Server, Telecommunications,businesses.