Information Systems is the most vital component for any organization. The success of its implementation is dependent on certain key parameters such as the methodologies followed and its process framework. Adding to it the right infrastructure, organizations who have properly planned and organized the information systems in the respective places are the ones who reap the real advantage.
Information Technology has potential business risks that need to be identified and monitored on a regular basis. Ever Changing technology, rising business threats with new business processes have been introduced into the system which pose a serious challenge to the companies to continuously innovate and keep themselves abreast of the new technologies and skills by complying to the legal and regulatory framework. This becomes a huge deterrent when companies lack the required technical expertise, skilled manpower and time required for ensuring a safe and effective IT audit process.