Internal auditing is crucial for any business, it is an independent assessment of your businesses objectives, performance and risk assessment control. It also determines whether your business is in compliance with industry regulations or not. Therefore, it is essential that your business is properly prepared with appropriate evidence. See our three tips to help you prepare:
It is important to ensure everyone understands exactly what is expected of them when preparing for an internal audit and confirm that all team members are following protocol when it comes down to your IT system. We advise you meet with key stakeholders and discuss how you plan to conduct your audit, and receive feedback on how your audit may affect operations and staff.
This in turn provides you with an opportunity to obtain information and feedback in certain area that your stakeholders may consider significant, allowing you to report on specific area of concern to reduce apprehension and determine ways to increase efficiency.
It is likely you will encounter a couple of minor issues when assessing performance and gathering evidence. Which is normal as not every issue will require a major overhaul and many can be fixed with minor adjustments to the processes you have in place and some may need monitoring as part of the audit process, allowing you to more efficiently report on operations and respond more effectively to problems.
In turn this will present an opportunity for you to implement an automated monitoring process to report back to you. You can meet industry standards by simply identifying where better monitoring is required and implementing a system to overhaul it.
Another step in preparing for an internal audit is to gather appropriate evidence. It is essential that your staff and managers can present evidence on communications and documents regarding all matters concerning security and data. This is because without it you may be positioning yourself in a negative light and potentially leaving yourself open to fines from a regulatory board. It is here, that it will come to light whether your employees have been following the necessary procedures for security matters and allow you to assess whether the audit is likely to encounter any potential vulnerabilities in this area.
If you decided to prepare for your internal IT audit yourself, it is essential to begin planning as soon as you can. Make sure your IT provider is consistently providing the skill set you require and has the experience and capability to handle your requirements, while being compliant with industry regulations. If you would like to speak to one of our team about your IT requirements or enquire about Help4It’s extensive IT services, visit our website or call us on 0800 043 4448.