IT Audit Fundamentals | Introduction to Controls

Define IT audits and controls, explain the hierarchy of controls and the role of key controls in mitigating risks, while noting audits provide reasonable assurance about data completeness and accuracy.

Explore why organizations implement controls for reliable financial reporting, regulatory compliance, operational efficiency, and system security, and learn the elements of an adequate control, including activity, frequency, and evidence.

Identify the three main control types: preventive, detective, and corrective, and see how they prevent, detect, and correct issues with practical examples like access authorization and change management.

Define the IT audit and controls, outline the hierarchy and purposes, identify basic elements and the three main types, and review control examples.

Test controls to determine they fulfill their purpose, distinguishing IT general controls from application controls. Learn about approval limits, authentication, and how these controls support the audit.

Explore the design and operating effectiveness testing of IT general controls, including password controls, testing techniques, and selection sizes, to assess control effectiveness.

Understand how to select representative samples for controls testing, using frequency and risk of failure to determine minimum test items that cover the audit period.

Explore why we test controls, the types of controls and tests, and how to select testing approaches to strengthen IT audit fundamentals.

Finish this course confidently as you confirm the objectives are met and grasp the fundamentals of IT auditing; contact the instructor with any questions.

Explore the ten logical security controls, from policies and procedures to segregation of duties, and learn how to identify, test, and review access across the CIA triad.