Complete Guide to the CITP Body of Knowledge

EVALUATE, TEST, AND REPORT

Dimension 4

Provide assurance to the public on financial statements, a client service, or a specific segment or piece of an entity’s operations.

LEARNING OBJECTIVES

1. To understand the financial statement audit, especially IT considerations

2. To understand attest services for service organizations, both conducting the attest and using the resulting report

3. To understand techniques and procedures used in IT assurance services and internal IT reviews, including tests of controls, gathering evidence, the use of CAATs, and the use of sampling

4. To understand how to assess IT-related controls, how to identify and report on deficiencies and adverse impacts of deficiencies in controls

5. To understand information assurance for accuracy, integrity, security, presentation, timeliness and auditability

4.0 – INTRODUCTION

The main objective of evaluate, test and report is to provide assurance to the public on financial statements, a client service, or a specific segment or process of an entity’s operations about the reliability of the subject matter. With the proper consideration of risk, fraud, and internal controls, the CITP would be in position to evaluate the subject matter, test it for assurance, and report on the results of the tests and other procedures.

This dimension of the CITP will provide an overview of these steps, relevant regulations and standards, techniques and tools used for effective design and execution of testing procedures, concepts on information assurance, ...