What are the typical general components of an audit program? What purpose do these components serve? Which component is most important? Explain why.© BrainMass Inc. brainmass.com June 4, 2020, 2:51 am ad1c9bdddf
What are the typical general components of an audit program?
The typical and main component of an audit program is a risk assessment. A comprehensive risk assessment shows where the most effective areas are, where risks are identified, and where the company is the most vulnerable. The is integrated into the IT system as well as involving non-IT related components. In the risk assessment, we assess each area for risk. Another main component is the audit cycle, where we basically identify how long it has been since the company has been ...