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IS AUDIT

A Global Perspective

Ron Hale Ph.D., CISM

Chief Knowledge Officer

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TOP TECHNOLOGY CHALLENGES

2

Emerging Technology and infrastructure changes –

transformation, innovation disruption

IT security / privacy/ cybersecurity

Resource / staffing / skills challenges

Infrastructure management

Cloud computing / virtualization

Bridging IT and the business

Big data and analytics

Project management/ change management

Regulatory compliance

Budgets and controlling costs

YoY Trend 2014 2013

1

2

3

4

5

6

7

8

9

10

3

1

2

9

10

7

4

5

7

1

7

6

8

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DO YOU CONDUCT IS AUDIT RISK ASSESSMENTS?

3

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FREQUENCY OF IS AUDIT RISK ASSESSMENT UPDATES

4

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INVOLVEMENT IN SIGNIFICANT TECHNOLOGY PROJECTS

5

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AUDIT OF IT GOVERNANCE PROCESS

6

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TOP 3 AUDIT AREAS BY PERCENTAGE

7

IT General Controls Audits

IT Process Audits

Application Audits

Cybersecurity Audits

Analyzing Data (Analytics)

Integrated Audits

Pre and Post Implementations

Sarbanes-Oxley or related country

specific compliance

Africa Asia EuropeLatin

America

Middle

East

North

America Oceania

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LEVEL OF IMPORTANCE OF TECHNICAL SKILLS

8

Control Analysis

Risk Analysis

Process Assessment

Data Analysis

Accounting / Audit

Project Management

Consulting

Significant Moderate Minimal None

66%

60%

53%

38%

37%

31%

23%

29%

33%

39%

44%

42%

48%

50%

3%

5%

5%

15%

17%

17%

21%

1%

2%

3%

3%

4%

4%

6%

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LEVEL OF IMPORTANCE OF NON-TECHNICAL SKILLS

9

Relationship Building

Report Writing

Team Building

Strategic Thinking

Conflict Management

Negotiation

Explain Technical Issues

Leadership

Significant Moderate Minimal None

68%

64%

52%

50%

47%

45%

73%

41%

27%

30%

38%

40%

40%

42%

21%

46%

3%

4%

8%

8%

10%

10%

4%

10%

2%

2%

2%

2%

3%

3%

2%

3%

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DEDICATED IS AUDIT DIRECTOR POSITION

10

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REQUIRE THE CISA CERTIFICATION

11

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12

What is the

Future of

IS Audit?

A Global Look at IT Audit Best Practices Available at www.isaca.org

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THANK YOU

13