Auditors often shudder when they think about information technology (IT) during their audit engagements. Perhaps you are an auditor asking: “How do you audit IT?” or “What are my responsibilities for understanding and testing IT?” or even “How is IT even relevant during a financial statements audit?”
If you are left scratching your head, asking any of the above questions from time to time, let us help you get a handle on your responsibilities around IT during your financial statement audits in the CaseWare Probe template!
- Simply and explain the ISA 315 requirements around obtaining an understanding to do with information technology (IT)
- Discuss the differences between overall financial statement level IT considerations and assertion level IT considerations
- Help you make the link between internal controls and information technology, e.g., IT general controls and IT applications controls
- Walk you through the relevant documents in the CaseWare Probe template
