Information Technology for Professional Accountants

INFORMATION TECHNOLOGY FOR PROFESSIONAL ACCOUNTANTSCandidates can explain, describe or discuss setting IT objectivesMain topic coverageIT strategic objectivesIT objectivesOverlap of IT objectivesSelection of IT objectivesSubject matterMission/Vision/PurposeRelation entity strategy objectives/IT strategy objectivesIT goals/measurementsIT operations objectives: effectiveness and efficiency of the IT operationsIT reporting objectives: accurate and complete management information forIT purposeIT compliance objectives: conduct IT activities in accordance with relevantlaws and regulationsIntegrated framework of entities objectivesRelation with IT risk management approachRelation with IT risk appetiteIT risk tolerance, acceptability of different levelsCandidates can explain, describe or discuss identifying IT risk eventsMain topic coverageIT risk factorsIT event identification techniquesSubject matterExternal factors:• Economic• Natural environment• Political• Social• TechnologicalInternal factors:• Infrastructure• Personnel• Process• TechnologyIT event inventoriesIT internal analysisEscalation or threshold triggersFacilitated workshops and interviewsProcess flow analysisLeading event indicatorsLoss event data methodologies37