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Five things that the company shareholder needs the IT auditor to verify

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  • "Q->What are the five things that the company shareholder needs the IT auditor to verify toassure his Stock value will remain or increase in valueThe five things that the company shareholder needs the IT auditor to verify to assure his Stock value..

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  • "Q->What are the five things that the company shareholder needs the IT auditor to verify toassure his Stock value will remain or increase in valueThe five things that the company shareholder needs the IT auditor to verify to assure his Stock value will remain or increase in value for the future are:The present position of the company. This will give the auditor an idea if the position of thecompany is good in the market or not as compared to the rival companies. This can also help thecompany to decide the strategy to improve the company. The second thing would be strategypresently being used. This will give him an idea if the strategy is according to the latesttechnology or it is outdated. This can certainly determine if the stock will rise or fall. The betterstrategy, the better stocks price.Another thing would be the project management of the company .This will determine if theproject manager is doing his duty well and ensuring the all the processes until delivery of theproduct are done on time and within the budget. One of the most important things is to check therequirements analysis and design process of the company. This will ensure if all the requirementsare according to the user or not. If they are then the product will be developed in the right wayleading to customer satisfaction and higher stocks. This step is very important as it willdetermine the rise and fall of the stock overall. These things are very important as they align IT control objectives by ensuring the product is good and customer is satisfied leading to overallprofits which results in a high stock price overall.The last thing is to ensure the process of testing the product is done properly. This will make surethat all errors are removed from the product and it works properly and gives the right output. Theclients will invest in the product and buy the products more leading to high rise in the stockprice. If the customer is not satisfied the stock will fall immediately. It all depends on the overalltesting of the product. "

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