The role of I.T. in internal audit

Abstract

Objective: The aim of this study is to assess the use of l.T. in internal audit as a measure to facilitate work and control. The purpose was to give a picture of where the local internal auditors use l.T. and as to whether they perceive l.T. as being a key factor when carrying out their internal audit process. Approach: The methodology used consists of both a survey and a semi structured personal interview with some of the local internal auditors. The responses received were aggregated with their analysis thus producing an illustrative picture of the local scenario on the subject matter chosen. Results: From the study conducted, one may realise that organisations are becoming more automated. Furthermore, it has been shown that the advances of l.T. and audit software have enhanced the way internal auditors perform their work. In addition l.T. makes both the internal auditor and the internal audit process more efficient and effective. Conclusion: With the use of l.T., the quality of work done by internal auditors has therefore been enhanced. As an audit tool, audit software is essential to carry out work that was impossible to be done manually.