Question

In: Accounting

Identify the software and people skills needed by IT Auditors.

Identify the software and people skills needed by IT Auditors.

Solutions

Expert Solution

Please like the answer or comment below for any clarifications.

  • IT Auditor plays a vital role nowadays due to massive use of technology in accounting.
  • IT Auditors looks after technical infrastructure,network infrastucture,technical loopholes in accounting softwares,privacy and data concerns.
  • Skillset is an only asset of an IT Auditor.Some skills required by an IT Auditor is mentioned below:
    • IT Security and knowledge of network infrastructure
    • Data Analysis and Visualization tools
    • Security testing
    • Internal Auditing standard -SOX etc.
    • Analytical thinking skills
    • Privacy troubleshooting
    • Data loop-hole detecting
  • Auditor uses several softwares to record their documentation usually customised electronic audit softwares.Meanwhile IT Auditors uses software to audit IT systems of an entity.AuditBoard is the most widely used cloud software used by IT Auditors.Other softwares may include Interactive Data extracting and Analysis(IDEA) etc.

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