Audit of Automated Business Processes and Application Controls

This course is part of the IT Audit Bootcamp. Learn more information here.

Overview

This training is specifically designed to empower participants with the knowledge and skills to conduct effective audits of automated business processes, with a focus on application controls. Participants will gain a comprehensive understanding of automated business processes, learn to identify controls and vulnerabilities, and develop improvement recommendations. The training is structured to enhance participants' capabilities in ensuring control and efficiency within automated business processes.

Target Audience

This program is tailored for auditors and professionals involved in auditing automated business processes, with a particular interest in application controls. Prior knowledge of IT fundamentals and audit concepts is recommended.

Course Objectives

• Understanding Automated Business Processes:
  • Gain a deep understanding of the nature and intricacies of automated business processes.
  • Explore the relationship between automation and operational efficiency.
• Identification of Controls and Vulnerabilities:
  • Develop skills to identify and evaluate controls within automated business processes.
  • Recognize vulnerabilities that may impact the effectiveness of automation.
• Application Controls:
  • Delve into the concept of application controls and their significance in automated business processes.
  • Understand how application controls contribute to overall risk management.

Course Content

• Introduction to Automated Business Processes:
  • Overview of automated business processes and their impact on organizational efficiency.
  • Understanding the automation lifecycle.
• Identification and Evaluation of Controls:
  • Techniques for identifying and evaluating controls within automated processes.
  • Case studies illustrating successful control implementations.
• Vulnerability Assessment:
  • Methods for recognizing vulnerabilities in automated business processes.
  • Strategies for assessing the impact of vulnerabilities on process outcomes.
• Application Controls in Automated Processes:
  • In-depth exploration of application controls and their role in ensuring process integrity.
  • Practical examples demonstrating the implementation of application controls.

Prerequisites 

Intermediate knowledge of IT fundamentals and audit concepts is recommended. Participants should be familiar with basic automation principles. A willingness to actively engage in discussions and practical exercises to reinforce learning is essential.