BDO Sanyu & Co.

IT System Audits

Today's IT operations will not go away any time soon. IT has a major impact on an entity’s performance and its use must be maximized to improve the overall performance.

On the other hand, IT can be extremely complex, and its use has expanded extensively, and accordingly, reliance on IT and safety has become a concern for many companies in today’s society. The use of IT is mandatory, but utilizing the advanced management tools and controls associated with IT is not easily grasped.

We conduct financial statement audits and assess the effectiveness of internal controls and based on our extensive experience, we can perform an assessment of an entity’s IT controls and evaluate the design and effectiveness of the IT internal controls. As part of our deliverables, we can furnish management with concrete recommendations to assist them improve their IT enterprise and remediate any issues raised in our assessment of the entity’s IT environment.

Internal Control Assessment

The reporting on an entity’s internal control is a requirement under the Financial Instruments and Exchange Law. Management is also required to assess the IT policies and controls established for the business processes as part of the financial statement audit.

We can be engaged to review and evaluate an entity’s enterprise IT controls and IT general controls and provide support in improving the overall IT environment of the entity.

Internal Audit Support

If the objective is not limited to being a publicly listed company, incorporating an effective internal control system, management should strongly consider developing an effective internal audit department.

The internal audit process should not only consider the internal firm matters but also consider the overall management organization as well as the individuals who run the organization.

We have the experience to fit any entity’s internal audit function and the arrangement can be set up where entities can co-source or outsource the internal audit function to us, we can act a mediator for issues raised between the internal audit department and management and we can assist companies in creating an internal audit department.