The IT risk assessment provides management with an evaluation of IT related elements and their potential impact to the five following business areas: Strategy. Financial. Reputational.
The IT risk assessment provides management with an evaluation of IT related elements and their potential impact to the five following business areas: Strategy. Financial. Reputational.
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The audit is the review of the accounts or documents, while the assurance is the process analysis of those accounts or records. Once analyzed, the organization can make changes as needed and be "assured" they have accurate financials and processes in place.
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