IT Audits

The article introduces the concept of collaborative effort between IT Auditors and financial accounting statements Auditors and how the IT Auditors can be a source of audit evidence especially when they test the system access controls which could minimize the risk in ERP and increase the effectiveness and efficiency of the financial statements audits since most companies have complex IT infrastructure.
I think IT audits are extremely important to the organization because they ensure the effectiveness of the internal center system and the minimization of risk.
Moreover, IT audits improve the quality of the information and the audit results. The collaboration between these two professions is definitely an advantage because almost every single business has some form of IT infrastructure that helps its different departments (including accounting department) to progress when it chooses the most appropriate business model to fit its IT infrastructure.

The engagement between the two professions requires mutual understanding and cooperation for the organization to succeed and progress in its business environment.
IT Auditors can strengthen their accounting and accounting information systems knowledge and their skills by taking some accounting classes and training and by becoming more involved in knowing the basics of the accounting profession. The accounting Auditors can also do the same by trying to improve their understanding of the IT basic knowledge and by having the expertise that will help reach and achieve the organization’s ultimate goals. To read the article, follow this link
http://www.allbusiness.com/professional-services/accounting-tax-auditing/11705661-1.html