IT Examiner School eBook May 2025

Internal Use Only

Auditor Interview Areas to focus on with auditor interview: • Knowledge of the IT environment and risks • Understanding of systems covered in the audit universe • Understanding of the basic controls (of these systems) • Verify training and/or certifications (as necessary)- certifications require specific training and number of hours/year (usually 40) • Type of work program used to document issues and conclusions. The work program used should be engagement type specific and not necessarily the FFIEC Work Programs

Internal Use Only

Audit Component Rating Areas to focus on when rating IT Audit component adequacy:

• Independence and quality of oversight • Audit risk analysis methodology/resources applied • Scope, frequency, accuracy, and timeliness of audit reports • Extent of audit participation in SDLC to ensure effectiveness internal controls and audit trails • Audit plan in providing appropriate coverage of IT risks • IT auditor’s adherence to code of ethics/professional standards • Qualifications of IT auditors • Timely and formal follow-up and reporting on management’s resolution of identified issues/weaknesses • Quality and effectiveness of internal and external audit activity related to IT controls