What is IT Auditing in accounting?
Information Technology Auditing (IT auditing) began as Electronic Data Process (EDP) Auditing and developed largely as a result of the rise in technology in accounting systems, the need for IT control, and the impact of computers on the ability to perform attestation services.
Technology audits and accounting audits are same or what ?
Technology audits (TAs) involve some kind of review of the current technology base of the firm. They are used to identify gaps, strengtsh to build on and weaknesses which need addressing.
Thank you so much for clearing my confusion
I think it’s basically auditing accounts by using the digital and electronic infrastructure used in an organization. It’s similar to traditional auditing but with the electronic infrastructure taken into account.