Taking an IT Audit class- which of these topics would be the easiest to write about

I’m currently enrolled in an IT Audit class and need to write a term paper that spans 5-6 single-spaced pages. I’m aiming to find a topic that will allow me to easily meet the page requirement without requiring an excessive amount of time for research. Here are some potential topics I’m considering:

  1. SOX Compliance Project
    You work for a privately held company planning to go public within the next two years. Due to its size, the company will need to be SOX compliant upon going public. The management has tasked the Internal Audit Department to outline what achieving this compliance entails, focusing on both financial and IT controls. You’ll be expected to create a plan for SOX compliance, including a timeline, necessary controls, strategies for testing the effectiveness of controls, and the legal requirements for compliance, emphasizing IT General and Application Controls.

  2. COBIT Framework
    As more companies adopt IT governance to ensure that their technology investments align with business objectives, COBIT (Control Objectives for Information and Related Technologies) has emerged as a well-regarded framework. If appointed as an auditor, you would conduct a COBIT Assessment covering its four domains and 34 processes. This topic would allow you to discuss how the COBIT framework supports IT auditors and control professionals from an IT perspective.

  3. Digital Forensics
    The importance of Computer/Digital Forensics in modern corporate environments cannot be overstated. It plays a crucial role in internal and external investigations. As an IT auditor or security consultant, you could outline the challenges you may encounter during a Fraud Examination, the appropriate procedures for evidence gathering and preservation, the chain of custody for maintaining evidence integrity, and the overall lifecycle of such evidence.

  4. Disaster Recovery Planning in Banking
    With banks being early adopters of technology, a proactive disaster recovery strategy is essential. You could explore the concepts of threat and vulnerability assessments, business impact analysis, and continuity planning. Your paper would focus on how these plans are developed to align with the unique needs of banking institutions and ensure sound fiscal responsibility.

  5. IT Risk Management
    Effective risk management is vital for IT projects, many of which fail to meet expectations due to various threats. As an internal auditor, consider what factors you would assess during risk identification, mitigation, acceptance, and analysis. You can also discuss control mechanisms and strategies that organizations can implement to manage risk effectively.

  6. Segregation of Duties (SoD)
    A core principle of internal control, SoD ensures that no single employee can both execute and conceal errors or fraud. If tasked as an IT Auditor, you could examine the business risks associated with inadequate SoD, propose control measures to strengthen Audit procedures, and explain the significance of SoD from multiple perspectives.

  7. Dodd-Frank Act and its Implications for IT Auditors
    The Dodd-Frank Act, enacted on July 21, 2010, was designed to prevent future financial crises similar to the one that began in 2007. Given its length and complexity (around 2,700 pages), the implementation of Dodd-Frank has numerous implications for IT auditors tasked with ensuring the effectiveness of related controls. While this topic could be challenging, it would also provide valuable insights for your career.

Any feedback on which of these topics might be the least demanding to research and write about? Thanks in advance!

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  1. It sounds like you have a daunting but exciting task ahead of you! Considering your criteria for an easier topic that can help you meet the page limit without becoming overwhelming in terms of research, I would suggest SOX Project or Disaster Recovery Planning as the best options.

    SOX Project:

    Writing about the Sarbanes-Oxley Act (SOX) compliance plan allows you to cover multiple areas of IT and financial controls. The topic is very structured, providing you a clear framework to follow—discussing IT General Controls, Application Controls, legal requirements, and the timeline for compliance. You can find plenty of resources available online, including articles, case studies, and examples of compliance plans, which can make your research less time-consuming. Additionally, since it’s a crucial topic for companies going public, it will likely have rich real-world examples to draw from.

    Disaster Recovery Planning:

    This topic also lends itself well to a structured approach, discussing threat assessments, business impact analysis, and IT disaster recovery planning processes specifically within the banking sector. Given that banks and financial institutions have rigorous standards for disaster recovery, there should be ample sources available for your research. You can also incorporate case studies of actual disaster recovery incidents within banking sectors to illustrate your points, which can easily help you fill out the page count.

    Both topics are relevant to the current IT Audit landscape and allow for comprehensive discussion without becoming overly complex. Whichever you choose, be sure to outline your paper beforehand to ensure clarity and coverage of essential points as you expand on them. Good luck with your term paper!

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