Audit information ()
Definition: Audit information, as a component of information, refers to the data collected and analyzed during an audit process. This information includes detailed records, transaction histories, procedures, and controls within an IT system. It is used to assess the system's effectiveness, efficiency, and compliance with relevant regulations and standards. The audit information helps in identifying any discrepancies, weaknesses, or potential risks in the system, thereby enabling the implementation of corrective measures to improve system security, integrity, and performance. Source: EIRA team Additional information: Audit information, as an element or component of information, refers to the data collected and analyzed during an audit process. This information is crucial in assessing the efficiency, effectiveness, and compliance of an organization's processes, systems, and operations. It includes details about the organization's operations, financial transactions, business processes, and internal controls. In the context of Information Technology (IT), audit information involves the examination and evaluation of an organization's IT infrastructure, operations, and policies. It includes data related to the organization's IT systems, applications, and networks. This information is used to determine whether the IT systems are safeguarding the organization's assets, maintaining data integrity, and operating effectively to achieve the organization's goals or objectives. Audit information can be both qualitative and quantitative. Qualitative audit information may include descriptions of processes, systems, controls, and risk management practices. Quantitative audit information, on the other hand, may include numerical data such as financial figures, performance metrics, and statistical analyses. The collection and analysis of audit information involve various methods such as interviews, observations, document reviews, and testing. The results of these methods are then documented and reported to provide an objective and independent assessment of the organization's operations and controls. In the IT context, audit information may also include data related to cybersecurity, data privacy, and data protection. This information is crucial in assessing the organization's compliance with relevant laws, regulations, and standards. Overall, audit information is a critical component of the audit process. It provides the basis for the auditor's findings, conclusions, and recommendations, and it helps stakeholders make informed decisions about the organization's operations and controls. Example: 1. Financial Sector: In the financial sector, audit information is used to ensure that all financial transactions and processes are carried out correctly and in accordance with the law. For example, a bank may use audit information to verify that all loans have been properly approved and that all payments have been correctly recorded. This helps to prevent fraud and ensure the accuracy of financial records. 2. Healthcare Sector: In the healthcare sector, audit information can be used to ensure that all patient data is handled correctly and that all medical procedures are carried out in accordance with the relevant guidelines. For example, a hospital may use audit information to verify that all patient records are kept confidential and that all surgeries are performed by qualified professionals. This helps to ensure the quality of healthcare services and protect patient rights. 3. Retail Sector: In the retail sector, audit information can be used to track inventory and ensure that all sales transactions are correctly recorded. For example, a supermarket may use audit information to verify that all products are properly stocked and that all sales are accurately recorded. This helps to prevent theft and ensure the accuracy of sales records. 4. Manufacturing Sector: In the manufacturing sector, audit information can be used to ensure that all production processes are carried out correctly and that all products meet the required quality standards. For example, a car manufacturer may use audit information to verify that all cars are assembled correctly and that all parts are of the required quality. This helps to ensure the quality of products and prevent defects. 5. Public Sector: In the public sector, audit information can be used to ensure that all public funds are used correctly and that all public services are delivered efficiently. For example, a local government may use audit information to verify that all public funds are spent on the intended purposes and that all public services are delivered to the required standards. This helps to ensure the efficient use of public funds and the quality of public services. LOST view: OV-Information Base Identifier: http://data.europa.eu/dr8/egovera/AuditInformationBusinessObject EIRA traceability: eira:InformationBusinessObject ABB name: egovera:AuditInformationBusinessObject EIRA concept: eira:ArchitectureBuildingBlock Last modification: 2023-07-27 dct:identifier: http://data.europa.eu/dr8/egovera/AuditInformationBusinessObject dct:title: Audit information Information
eira:PURIhttp://data.europa.eu/dr8/egovera/AuditInformationBusinessObject
eira:ABBeira:InformationBusinessObject
dct:modified2023-07-27
dct:identifierhttp://data.europa.eu/dr8/egovera/AuditInformationBusinessObject
dct:typeegovera:AuditInformationBusinessObject
dct:titleAudit information Information
eira:definitionSourceEIRA team
eira:definitionSourceReference
skos:example1. Financial Sector: In the financial sector, audit information is used to ensure that all financial transactions and processes are carried out correctly and in accordance with the law. For example, a bank may use audit information to verify that all loans have been properly approved and that all payments have been correctly recorded. This helps to prevent fraud and ensure the accuracy of financial records. 2. Healthcare Sector: In the healthcare sector, audit information can be used to ensure that all patient data is handled correctly and that all medical procedures are carried out in accordance with the relevant guidelines. For example, a hospital may use audit information to verify that all patient records are kept confidential and that all surgeries are performed by qualified professionals. This helps to ensure the quality of healthcare services and protect patient rights. 3. Retail Sector: In the retail sector, audit information can be used to track inventory and ensure that all sales transactions are correctly recorded. For example, a supermarket may use audit information to verify that all products are properly stocked and that all sales are accurately recorded. This helps to prevent theft and ensure the accuracy of sales records. 4. Manufacturing Sector: In the manufacturing sector, audit information can be used to ensure that all production processes are carried out correctly and that all products meet the required quality standards. For example, a car manufacturer may use audit information to verify that all cars are assembled correctly and that all parts are of the required quality. This helps to ensure the quality of products and prevent defects. 5. Public Sector: In the public sector, audit information can be used to ensure that all public funds are used correctly and that all public services are delivered efficiently. For example, a local government may use audit information to verify that all public funds are spent on the intended purposes and that all public services are delivered to the required standards. This helps to ensure the efficient use of public funds and the quality of public services.
eira:concepteira:ArchitectureBuildingBlock
skos:noteAudit information, as an element or component of information, refers to the data collected and analyzed during an audit process. This information is crucial in assessing the efficiency, effectiveness, and compliance of an organization's processes, systems, and operations. It includes details about the organization's operations, financial transactions, business processes, and internal controls. In the context of Information Technology (IT), audit information involves the examination and evaluation of an organization's IT infrastructure, operations, and policies. It includes data related to the organization's IT systems, applications, and networks. This information is used to determine whether the IT systems are safeguarding the organization's assets, maintaining data integrity, and operating effectively to achieve the organization's goals or objectives. Audit information can be both qualitative and quantitative. Qualitative audit information may include descriptions of processes, systems, controls, and risk management practices. Quantitative audit information, on the other hand, may include numerical data such as financial figures, performance metrics, and statistical analyses. The collection and analysis of audit information involve various methods such as interviews, observations, document reviews, and testing. The results of these methods are then documented and reported to provide an objective and independent assessment of the organization's operations and controls. In the IT context, audit information may also include data related to cybersecurity, data privacy, and data protection. This information is crucial in assessing the organization's compliance with relevant laws, regulations, and standards. Overall, audit information is a critical component of the audit process. It provides the basis for the auditor's findings, conclusions, and recommendations, and it helps stakeholders make informed decisions about the organization's operations and controls.
skos:definitionAudit information, as a component of information, refers to the data collected and analyzed during an audit process. This information includes detailed records, transaction histories, procedures, and controls within an IT system. It is used to assess the system's effectiveness, efficiency, and compliance with relevant regulations and standards. The audit information helps in identifying any discrepancies, weaknesses, or potential risks in the system, thereby enabling the implementation of corrective measures to improve system security, integrity, and performance.
eira:viewOV-Information Base