100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
CISA ISACA (Cht. 1) Questions & 100% Correct Answers $10.39   Add to cart

Exam (elaborations)

CISA ISACA (Cht. 1) Questions & 100% Correct Answers

 6 views  0 purchase
  • Course
  • CISA
  • Institution
  • CISA

Audit Charter :~~ An overarching document that covers the entire scope of the audit activities in an entity. (Purpose, responsibility, authority, and accountability). An engagement letter is more focused on a particular audit exercise that is sought to be initiated in an organization with a...

[Show more]

Preview 2 out of 13  pages

  • September 9, 2024
  • 13
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CISA
  • CISA
avatar-seller
ExamArsenal
1 | P a g e | © copyright 2024/2025 | Grade A+




CISA ISACA (Cht. 1) Questions & 100%
Correct Answers
Audit Charter

✓ :~~ An overarching document that covers the entire scope of the audit

activities in an entity. (Purpose, responsibility, authority, and

accountability). An engagement letter is more focused on a particular audit

exercise that is sought to be initiated in an organization with a specific

objective in mind.




When does audit planning occur? What factors should be taken into account in the

analysis?

✓ :~~ Short and long term analysis should occur annually to take into account

new control issues; changes in risk environment, technologies and business

processes; and enhance evaluation techniques.




Who reviews and who approved audit activities?

✓ :~~ The audit activities should be reviewed by senior audit management

and approved by the audit committee or BOD.




Audit assignment considerations for the approach


✓ :~~ -periodic risk assessment

-changes in application of tech




Master01 | September, 2024/2025 | Latest update

, 2 | P a g e | © copyright 2024/2025 | Grade A+


-evolving regulatory requirements

-implementation/upgrade deadlines

-current and future technologies

-requirements from the business

-resource limitations




Steps to perform Audit Planning

✓ :~~ -gain understanding of biz mission, objectives, purpose and processes

(I.e. availability, integrity, security and business technology and information

confidentiality)

-understand changes in biz environment

-review work papers

-identity stated contents (policies, standards, procedures, org structure)

-perform risk analysis to design audit plan

-set audit scope and objectives

-develop audit approach or strategy

-assign resources

-address logistics




Steps performed to determine org's level of compliance with external requirements




Master01 | September, 2024/2025 | Latest update

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller ExamArsenal. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $10.39. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

78252 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$10.39
  • (0)
  Add to cart