Information system security and audit  Solution




Please answering the following questions thoroughly based on the knowledge you gained from the course.

1.       Ethics and the IT Auditor | Jill Mathews, an IT audit senior for a global insurance company, was recently asked to perform an IT audit of the company’s new cloud computing and virtualization migration plan.  Her Manager asks that she perform the audit in the next four weeks.  She is not familiar with these new technologies, and is worried about being able to complete the requirements of this audit.  What are the ethical considerations and professional standards Jill should consider?  How would you approach this situation?

[Type your answer here]

Limit your answer to approximately 300 words

2.       The IT Audit Planning Memorandum | A well thought out audit planning memorandum provides for an orderly, structured approach to perform the audit.  Describe the key components of an audit planning memorandum and why each component is important.

[Type your answer here]

Limit your answer to approximately 600 words

Develop the following from reading the case:

·        Risk Assessment

·        Brief the board of directors with the audit universe, risk profile, and how they can start managing that.