Information System Audit and Control – Some Key Features

Information System Audit and Control

Financial transactions have to be safe and secure to avoid fraudulent activities. The companies which handle credit and debit card transactions must follow certain standards to keep the data safe. For that, there are some systems formulated to evaluate the activities. To ensure the control measures the administrator has to monitor the systems and applications. This security audit is based on the information technology and new technologies that have been used to ensure safe transactions.

The systems which prepare you for managing the financial transactions. The information systems audit and control maintain the records of the system and application process. The organization has to maintain an accurate audit trail for network devices, servers, and applications. This helps to identify any and address issues of any accuracy that occurred in the system. This control system is blended with management and computer science to assess the control and audit in a complex system. This comes under the Information Technology (IT) systems and business management. The evaluation of a system determines whether it is safe or not. Disturbance in IT may affect the IT-based business. So the control and audit system is there to prevent the failure of financial transactions.

Role of Information System Audit and Control

The audit and control systems have some role in the information technology which makes your system safer. Some of them are:-

• To identify an organizations resource

• It also looks into the future information need of an organization

• Has to conduct a cost-benefit analysis of information resources

• It is used for the strategic competitive advantage.

• To identify information flow and process

• Develop an integrated information system

• Monitor and evaluate the standards, legislations, and policies.

Information system audit and control are of several types. System and applications, information processing facilities, system development, management of enterprise activities, server, and telecommunication. The principle of an audit is carried out in a financial context. For transparency and more clarity aa software has been developed commercially. The audit is commercially funded. It is used for private as well as community projects. The audit includes documentation and user manuals.