1. Feasibility Study Purpose: Evaluate technical, economic, and social feasibility to determine strategic benefits and ROI. Activities: Identify cost savings, justify business needs, build a business case. Role of IS Auditor: Review documentation for reasonableness. Verify cost justification and benefit schedules. Ensure alternate solutions are reasonable. Validate business needs for system development or acquisition. 2….
Project Initiation When stakeholders or senior management decide to undertake computerization, a project must be formally initiated. Key examples of formal project initiation include: New Business Application Development: Addressing business processes like HR management, billing, or order processing. Adoption of New Technology: Leveraging advantageous technologies such as internet-based advertising. Problem Rectification in Business Processes: For…
CAATs (Computer-Assisted Audit Techniques) का उपयोग सूचना प्रणाली (Information Systems) के ऑडिट में डेटा के विशाल संग्रह का विश्लेषण करने, धोखाधड़ी का पता लगाने, और नियंत्रणों (Controls) का मूल्यांकन करने के लिए किया जाता है। IS ऑडिटर को सही प्रकार के CAATs का चयन करते समय गुणवत्ता (Quality) और लागत (Cost) के बीच संतुलन बनाना…
📚 1. Introduction to Follow-Up Review The Follow-Up Review is an integral part of the audit process, ensuring that the agreed-upon recommendations from a prior audit are properly implemented and that corrective actions have been taken effectively. Without a structured follow-up, audit findings may remain unresolved, weakening the organization’s internal controls and increasing risks. ISACA…
Materiality Materiality का मतलब है “महत्वपूर्ण होना”। जब कोई जानकारी, गलती, या घटना इतनी जरूरी होती है कि वह किसी व्यक्ति के फैसले को बदल सकती है, तो उसे Material (महत्वपूर्ण) कहा जाता है। आसान शब्दों में: अगर कोई चीज़ महत्वपूर्ण है, तो वह Material है। अगर कोई चीज़ छोटी या अनदेखी करने लायक है,…
IT Risk Management: Identifying and Mitigating Threats In today’s fast-paced and technology-driven world, IT infrastructure, cybersecurity protocols, and data management systems have become integral to risk management strategies. Risk management has become an essential aspect of organizational strategy, focusing on protecting digital assets, cloud storage systems, and network security frameworks. It is a systematic process…
Cyber/Computer Attacks: An Overview In the digital era, the dependency on technology for daily operations has exponentially increased across sectors. This has made individuals, businesses, and governments vulnerable to cyber threats and computer attacks. Cyberattacks are deliberate exploitations of computer systems, technology-dependent networks, and digital infrastructure. These attacks are often aimed at stealing, altering, or…
In today’s fast-paced digital world, technology is not just a tool—it’s a transformative force. From Artificial Intelligence analyzing complex financial data to Blockchain ensuring transparency in transactions, the landscape of Information Systems Audit (DISA) is evolving rapidly. Let’s dive into the world of emerging technologies that are not only reshaping businesses but also creating exciting…
India’s Economic Growth Outlook: Projections, Challenges, and Opportunities for FY25 and FY26 India’s economy continues to remain a beacon of growth amid global uncertainties. Various reputed institutions, including EY, IMF, World Bank, and RBI, have projected India’s GDP growth to hover around 6.5% for the fiscal years 2024-25 (FY25) and 2025-26 (FY26). While…
The IT Risk Management Process typically involves a systematic approach to identifying, assessing, and addressing risks associated with information technology systems and processes. Below is an explanation of each step: 1. Establish the Context Objective: Define the scope, objectives, and environment of the risk management process. Activities: Understand the organization’s risk appetite and tolerance. Define…