About Info Tech
In 2004 InfoTechAudit cc was established to provide a Information Technology (Computer) Audit Service to companies throughout Africa that use Information Technology (IT) widely in their business, depending on it daily, and who would be unable to function without it. This would include most medium and large Companies, Stock Exchange listed or unlisted, as most Companies, at the least keep their financials on computer.
Many Companies do not have Internal Audit departments. If they do then the chances are that this department does not include an IT Auditor due to cost constraints.
Companies rely on their External Auditors to provide them with the assurance that their Financial Reports are accurate. This the External Auditors do at least once a year. However, External Auditors function is not to review the IT controls. Many of the External Audit Firms may give the IT environment a brief review to establish the reliance that they are able to place on the financial records. However, financial statements and NOT Information Technology are their focus.
Many medium to smaller External Audit firms do not have the skills readily available to provide an IT auditing services to their clients, unlike larger firms such as PriceWaterHouse etc. Therefore they find themselves at a distinct disadvantage when seeking or tendering for audit work against the larger firms who can add value by offering these services. Here InfoTechAudit can help level the playing ground. We can provide the External Auditing firms with the skills they require on a short term contract basis at rates that will enable these firms to undercut the larger firms in this particular area as they are not carrying the overheads of an IT Audit Specialist.
The King II report, to which all Companies listed on the Stock Exchange must comply, states that the Chief Executive Officers and the Directors/Board must obtain assurance that the IT controls are in place and adequate. InfoTechAudit cc offers you the opportunity of complying with this requirement.
Your company may be loosing significant funds due to inadequate management of your IT resources. It is in the best interest of your company to have your computers audited. This could increase your company's profit margin by decreasing costs by using the IT resources of the company more effectively.
Furthermore, InfoTechAudit provide many other services to the Client that significantly add value to the Companies, not the least of these are IT Risk Assessments that are aligned to an international standard called CobiT. This can provide your company with a measure of your IT Risk and enable you to remove, manage or reduce the said risks.
IS IT NOT BETTER TO RECOGNISE YOUR RISKS PRIOR TO THEM BEING TAKEN ADVANTAGE OF?
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