Even though IT risks are on the Board’s agenda more than ever before, few Boards understand the full degree of their operational dependence on computer systems and the role that IT plays in shaping their firm’s strategies. It is therefore increasingly critical that Internal Audit (IA) focus their IT audit effort on the things that matter and communicate those issues in a way that the Board can understand them.
Our IT IA services can better enable your organisation and internal audit function, if applicable, navigate IT challenges, manage organisation - wide risks, and elevate the role of IA. Our IT IA services allow the stakeholders of your organisation to meet their responsibilities and accordingly address their concerns of the IT in your organisation.
IT Governance, IT Applications and IT Technical Controls are areas where typical IT risks arise and might have an adverse impact on your organisation. In particular, organisations are now more than ever depending on integrated systems. IT projects must ensure that there is a link between business and IT in order for the IT to deliver what business needs. New regulations may require the attention of your IT. The way organisations safeguard their information is coming under increased scrutiny. New and heightened threats, vulnerabilities, and greater uncertainty must be effectively managed.
IT IA services help our clients extend their internal audit oversight and performance addressing IT risks as well as broader organization – wide business risks. We help connect IT and IA to gain a greater understanding of the risks and opportunities that come with today’s systems, applications and other technologies. Our talented practitioners possess the necessary business and technical skills that enable us to deliver assessments in the areas of IT Governance, IT Applications and IT Technical Controls.
Partner - Advisory, PwC Cyprus
Partner, Advisory, PwC Cyprus