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ISACA releases IT outsourcing Audit Program.

Industry association ISACA has

released a new audit program to help IT managers and decision makers to optimize

outsourcing relationships, including vendor selection, onboarding and controls

on outsourcing agreements.

The Outsourced IT Audit Program has been developed in

response to demand for outsourcing of IT services and the increasing complexity

of managing such relationships.

The audit program includes guidance on governance and risk

assessment processes, plus cost benefit analysis, prior to initiating an

outsourcing IT model; internal controls and requirements for the selection

process of an outsourced IT vendor; appropriate steps to manage the transition

from in-house to outsourced providers of IT services; and key monitoring and

quantitative controls of the service delivery from the outsourced IT provider.

"The volume of technology-driven challenges and

responsibilities can be overwhelming for many organisations in this era of

digital disruption," said Christos Dimitriadis, PhD. CISA, CISM, CRISC, chair

of ISACA's Board of Directors and group director of Information Security for

INTRALOT. "The guidance provided in this audit program will help enterprises

make strategic decisions about outsourcing IT services that will position them

for success and allow them to place greater focus on their core capabilities."

Guidance put forth as part of the vendor selection process

includes detailing steps needed to make sure the vendor complies with clients'

regulatory requirements, the vendor is an industry leader in the IT outsourcing

space, the vendor has established a business continuity plan, the codes of

conduct between the client and the vendor are aligned, and contract terms are


ISACA audit programs have been developed and reviewed by

leading audit and assurance professionals worldwide. They can be downloaded to

allow customization that fits varying work environments from

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Date:Jun 4, 2017
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