Agenda Item No. 12 Progress Report on the activities of the INTOSAI Working Group on IT Audit Chair: SAI India Comptroller and Auditor General of India1

About WGITA Comptroller and Auditor General of India2 Represented by 42 members and four observers ISACA and AFROSAI-E joined as observers Work Plan ( ) approved by Working Group in its 22 nd meeting at Vilnius, Lithuania Preparation of Work Plan ( ) is in progress 24 th annual meeting held at Warsaw, Poland on June 2015

Knowledge and Skill Development Cooperating with IDI, ISACA and AFROSAI-E to strengthen capacity of SAIs in IT auditing Forty SAIs from ASOSAI, AFROSAI-E, CAROSAI, EUROSAI and PASAI participating in IDI’s Global Capacity Development Programme on IT Audit launched in 2014 Programme objective is to support SAI teams in conducting IT audit as per best practice Comptroller and Auditor General of India

Development and transfer of knowledge Comptroller and Auditor General of India4 Working Group is undertaking following five projects taken as part of Work Plan ( ) approved in 23 rd meeting at Kuwait: – IT Governance – Data Mining as a Tool in Fraud Investigation – Development of Standards for State Information Systems and Project Audit – Development of Data Interface Standard for Accounting Software – Development of ISSAI-5300 on ‘Guidelines on IT Audits’

Project 1: IT Governance Comptroller and Auditor General of India5 Project led by SAI Brazil First draft of IT Governance guide and its more refined version to be sent to all WGITA members/observers by end of this year. Complete product is expected to be presented before XXII INTOSAI Congress in 2016 for approval

Project 2: Data Mining as a Tool in Fraud Investigation Comptroller and Auditor General of India6 Project led by SAI South Africa Guide to include a Fraud scoring model Project team would finalise and submit a guide before 2016 WGITA for approval

Project 3: Development of Standards for State Information Systems and Project Audit Comptroller and Auditor General of India7 Project led by SAI Russia Standard to have 10 domains Draft to be completed by the end of the year To come up with standard for State Information Systems and Project Audit before XXII INCOSAI in 2016

Project 4: Development of Data Interface Standard for Accounting Software Comptroller and Auditor General of India8 Project led by SAI China Working draft of Data Interface Standard for Accounting Software is forwarded to WGITA members/observers for comments/suggestions Final version of draft document will be submitted by 2016 INCOSAI

Project 5: Development of ISSAI on ‘Guidelines on IT Audits’ Comptroller and Auditor General of India9 Project led by SAI India Skeletal draft of ISSAI 5300 prepared in line with approved project proposal Project team is finalizing exposure draft of ISSAI 5300 in India Final ISSAI 5300 will be presented before XXII INCOSAI in 2016 in UAE

Other important issues Comptroller and Auditor General of India10 Discussions took place on Big Data and Audit Management System in the 24 th WGITA meeting – Big data demands a paradigm shift in audit focus from IT auditing to digital auditing – WGITA in collaboration with IDI is working on development of Audit Management System, a software that can automate documentation relating to audit work

THANK YOU Comptroller and Auditor General of India11