Guidelines for the Audit Committee's approach to Information Technology Risk
Challenges faced by Audit committees are ever increasing and expanding in scope. They are now being called upon to deal with a broad range of issues, and related risks, that go beyond financial statements, reporting and internal controls over financial reporting – the traditional areas of responsibility. IT risk is one of them.
The Audit Committee Position Paper 5 provides guidelines for the Audit committee’s approach to Information Technology Risk. The Position Paper will help Audit Committees better address the IT risks by providing a framework, and also help audit committee members ask the right questions.
© 2021 KPMG, a Mauritian partnership and a member firm of the KPMG global organisation of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.
For more detail about the structure of the KPMG global organisation please visit https://home.kpmg/governance.