Audit and Assurance

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Digital enablement and transformation risk

  • 1.  Digital enablement and transformation risk

    Posted 17 Dec, 2019 00:56
    Looking to my fellow colleagues to help me come up with some ideas or risks and controls for digital enablement and transformation.

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    Igor Yezhov
    Manager
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  • 2.  RE: Digital enablement and transformation risk

    Posted 22 Jan, 2020 11:51
    Hi Igor,

    I came across to this post quite late but if it is open and you could able to elaborate more. I would like to contribute over here.

    Thanks

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    D Anand
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  • 3.  RE: Digital enablement and transformation risk

    Posted 23 Feb, 2020 07:23
    Hi everyone,

    I came by this post which gets me interested too, Yes!

    Did anyone have any ideas or risks and controls for digital enablement and transformation? For example, as an IS auditor what should I need to look for and take care of by giving reasonable assurance on what's related to digital enablement and transformation before meeting the audit client, at least I need a solid background of which area should be audited, like guidelines, risks and controls.

    I hope my query is more clear!

    Thank you,


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    Naif AlGahtani
    IT Audit
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  • 4.  RE: Digital enablement and transformation risk

    Posted 24 Feb, 2020 14:14
    MIT Sloan School Management issues some great articles on enabling Digitization.   The business processes discussed in the case studies will help you brain storm of potential IT controls.    The complexity of auditing IT is that each technology has specific IT General Controls and IT Application controls.  Once you understand the Business Process then you can work with Process Owners to define IT controls...

    https://sloanreview.mit.edu/

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    Sal Rodriguez
    Director of Internal Audit
    CISA, CIA, CRMA, CCSA, CGAP, CICA, MBA, MS
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  • 5.  RE: Digital enablement and transformation risk

    Posted 01 Mar, 2020 02:06
    Thank you very much for your information Mr. Salvador.


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    Naif G
    IS Audit
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  • 6.  RE: Digital enablement and transformation risk

    Posted 02 Mar, 2020 14:52
    Digital transformation impacts the business process, the technologies utilized, people skills required and risk management requirements. For each of these 4 components, I personally look at digital transformation across five different elements, where each area would have its risks and controls; I call it TotalView™ which looks at the 5 elements impacted by your digital transformation. The output enables you to assess your digital program and bridge gap between the as-is and the to-be view.

    This is more of a broucher I use at my clients but happy to explain further: https://www.linkedin.com/posts/mostafaelghazaly_totalview-enables-you-achieve-your-digital-activity-6635984468848975872-HXG1

    Also, here are my views of the components of Digital transformation initiatives:  https://www.linkedin.com/pulse/part-2-example-strategic-alignment-roadmap-sar-tool-elghazaly


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    Mostafa El-Ghazaly
    Founder
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