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Eye on Business: The “IT” Auditor

In an interview published in the December 2014 edition of Internal Auditor Magazine, Andrew Simpson of CaseWare Analytics discusses the benefits internal audit deparments can gain from adopting data analytics practices in their mandates. The interview probes into the future of internal audit in and the growing speciliazation requirements of IT auditors. Andrew’s advice to auditor’s reading the article is the adoption of analytics accross the entire department to perform insight driven risk-based audits.
 

 

“The two most relevant IT skills are data analytics and an understanding of application systems controls. If internal auditors have a strong grasp of both, they should be able to assess most internal controls within an organization. The importance of understanding application controls often is overlooked, but without it the data analyst/scientist is quite ineffective.”

 

The “IT” Auditor
Internal Audit Magazine