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Business Continuity Plan Audits Research Paper

Change Management Audit While technology and information systems are there in order to make management much more efficient, these systems may also expose an organizations to various risks which might often be serious in nature. These risks increase when changes are brought about in an existing system. In order to minimize such risks it is important that organizations have a change management plan, which is duly audited and tested for compliance before change is implemented.

With the advent and progress in the field of Information Technology, the corporate sector across the globe has increased the incorporation of technology in business practices greatly over the years. Besides assisting in communication and production related tasks, Management Information Systems and knowledge managements are important and integral part of organizational management that play a vital role in ensuring efficiency and quality management. That said, the rapid progressions in technology mean that the preceding technologies become obsolete over a period of time and therefore organizations should be ready to adapt to change. However, there is a room for possible risk factors associated with implementation for such changes and therefore it is important that organizations have a change management plan and change management auditing system in place.

In simple terms, a change management auditing is concerned with minimizing or preventing risks associated with bringing about changes in...

The auditing revolves around assessing risks such as security violation and leakage of information to unauthorized parties, presence of errors or malware in the system, efficiency of information management, designation of duties and authorities and protection of system against third party penetration.
Scope of Audit

The scope of change management audits cover analysis, monitoring and reviewing of procedures within an organization pertaining to change management. It reviews the policies and mechanisms that an organization has in place for testing, monitoring, authorizing, initiation and modification of application and information and recovery and backups of information. Moreover, it also reviews the security systems that an organization has in place for the protection of the information system (Kanter & Pitman, 1995). Audit timelines are important to make sure that the deliverables and set objectives are met as per requirement and in time, and all security procedures and change management plans pass the required standard. Failure to do so might increase the risks such as production of low quality service, third party access to sensitive data or malware or harmful codes being distributed to unauthorized parties.

Risks and Risk Management Strategies

As stated earlier, incorporation of change increases exposure to various risks which can often be sensitive in nature. It could often…

Sources used in this document:
References

Beasley, M.S., Branson, B.C., & Hancock, B.V. (2008). Rising Expectations: Audit Committee Oversight of Enterprise Risk Management. Journal of Accountancy, 205(4), 44+.

Kanter, H., & Pitman, M.K. (1995). A New Approach to Audit Risk Assessment. The Government Accountants Journal, 44(2), 49+.
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