Audit Committee Oversight of IT Risk

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Mar 31, 2016

On March 31, 2016, the Canadian Public Accountability Board (CPAB) released a publication where it discusses the audit committee concerns related to IT risks and the role the external auditor and others could play in assisting the audit committee.

The CPAB has heard from audit committees that IT risk is a growing priority for boards and audit committees, yet they often feel ill-equipped to perform their oversight role in this area. Understanding the risks of the organization and asking the right questions of external auditors, internal auditors and management can help audit committees manage its IT risks and protect its information assets more effectively.

Review the publication on the CPAB's Web site.

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