By John Verver CA, CISA, CMC, Vice President, Services & Product Strategy, ACL Services Ltd
The internal auditor needs to consider issues of risk at a number of levels in the course of fulfilling the internal audit mandate. This article will focus on technology’s critical role in this process. Technology offers the ability to examine entire populations of transactions and business activities – on a timely basis – to look for indicators of risks that are not effectively mitigated or controlled.