Audit and Assurance

Expand all | Collapse all

exception, material weakness and defecincy differences

  • 1.  exception, material weakness and defecincy differences

    Posted 31 Aug, 2019 11:45
    Question 1
    Any deep thoughts and provide real world examples on
    1- Exception
    2- Control Deficiency
    3- Signficant weakness
    4- Material weakness

    what is the difference.? how IT auditor take actions accordingly.

    Question 2

    Another question? anybody here is CIA ? does it help to add for CISA ? or it is better to invest in something else ? How to be super IT auditor where everyone needs you in the market folks  ​​​

    ------------------------------
    Marat Kaisseov
    ------------------------------


  • 2.  RE: exception, material weakness and defecincy differences

    Online Forum Topic Leader
    Posted 09 Sep, 2019 13:43

    @Marat Kaisseov,

    This really "depends".  See ITAF for details of these, in particular the standards & guidelines on materiality https://www.isaca.org/Knowledge-Center/ITAF-IS-Assurance-Audit-/Pages/default.aspx

    I'm not & have no knowledge of the IIAs CIA I'm afraid

    Best Regards,

    Ian



    ------------------------------
    Ian Cooke
    Audit & Assurance Topic Leader
    ISACA Journal Columnist
    ------------------------------