Information Technology Audit Quiz

The purpose of an information technology audit is to examine the management controls within an IT infrastructure and business applications to determine if they are safeguarding assets, maintaining data integrity, and operating effectively to achieve the organization's goals or objectives.

IT audits are also known as automated data processing audits (ADP audits) and computer audits. They were formerly called electronic data processing audits (EDP audits).

An IT audit differs from a financial statement audit in that the former evaluates the management controls within an IT infrastructure and business applications, while the latter evaluates the fairness and conformity of financial statements to standard accounting principles.

<p>An IT audit may be performed in conjunction with a financial statement audit, internal audit, or other form of attestation engagement.</p> Signup and view all the answers

<p>The primary focus of an IT audit is to examine the management controls within an IT infrastructure and business applications.</p> Signup and view all the answers

<p>During an IT audit, evidence is evaluated to determine if the information systems are safeguarding assets, maintaining data integrity, and operating effectively to achieve the organization's goals or objectives.</p> Signup and view all the answers

<p>The evaluation of evidence obtained during an IT audit determines if the information systems are safeguarding assets, maintaining data integrity, and operating effectively to achieve the organization's goals or objectives.</p> Signup and view all the answers

<p>IT audits are formerly known as electronic data processing audits (EDP audits).</p> Signup and view all the answers

<p>An IT audit focuses on the management controls within an IT infrastructure and business applications, while a financial statement audit evaluates whether the financial statements present an entity's financial position, results of operations, and cash flows.</p> Signup and view all the answers

<p>IT audits may be performed in conjunction with a financial statement audit, internal audit, or other form of attestation engagement.</p> Signup and view all the answers