Demonstrate and provide examples to justify your understanding of the following conceptual phases of IT auditing over a 12 week duration:

Week 1-3

Ethical Requirements and Auditors' Independence

- Demonstrate an understanding of IT auditing ethical requirements using examples

- Evaluate and demonstrate the importance of IT auditor independence using examples

Week 3-5

IT Audit Planning Part I

Analyse and demonstrate an understanding of:

- IT auditing process based using examples

- Client engagement using examples

- Business and Audit Risk (control risk, inherent risk, and detection risk, etc.) using examples

- Risk of fraud using examples

Week 5-7

IT Audit Planning Part II

- Demonstrate an understanding of analytical review/procedures and materiality using examples IT Audit Planning Part III

- Evaluate and demonstrate an understanding and application of internal controls and IT audit controls using examples

Week 7-9

Evidence Gathering

Demonstrate using examples the ability and skill to gather evidence through:

- Audit sampling

- Tests of controls - IT

- Substantive tests of detail - IT

- Substantive analytical procedures

- Audit strategy

- Use of other auditors/experts and internal audit report

Week 9-11

Audit Reporting

Demonstrate using examples the ability and skills to analyse, develop, and report:

- Subsequent events

- Going concern

- Audit reports

- Expectations gap

- Legal liability

- Corporate dilemmas

Week 11-12

Compilation of portfolio and submission

Portfolio Presentation

- The effective and creative presentation of work that demonstrates critical observation,reflection and discrimination in the correct written style

Referencing

- The use of a range of sources which are properly acknowledged