Course outline – IT Audit, Risk and Controls

IT Audit

Specialist Training Courses

IT Audit, Risk and Controls

Course outline – IT Audit, Risk and Controls

2 classes per week for 8 weeks |Cost TBC

Course outline

WK 1

  • Fundamentals of Financial Reporting and Financial Audit
  • Sarbanes Oxley (SOX) Foundation
  • IT Audit and Risk fundamentals | introducing COSO, NIST, COBIT| IT Risk and Controls Matrix

WK 2

  • Understanding the IT Environment, Architecture (Application, Database and Operating system) and alignment with business process
  • Scoping [Application scoping and ITGC Scoping]
  • Resourcing, preparation for walkthrough meetings and interviewing skills
  • Documentation, Test of controls + test scripts

WK 3

  • Deep dive – IT Risk and IT General Controls (ITGC)
  • ITGC walkthroughs, process flows, test of control design (TOD) and test of operating effectiveness of control (TOE)
  • ITGC deficiency, impact and remediation

WK 4

  • Deep dive – IT Application Controls (ITACs)
  • ITAC walkthrough and test of control design (TOD)
  • ITAC deficiency, impact and remediation

WK 5

  • Deep dive–  IT Dependent Manual Control (ITDM) and Key Reports (IPE)

  • ITDM walkthrough and test of control design (TOD)
  • ITDM/IPE deficiency, impact and remediation
  • Third party risk, Cloud and SOC reports, RPA

WK 6 – 8

  • CV Prep
  • Interview Prep (including all aspects covered in WKs 1 – 5)