The impact of IT on internal audit in government entities

Abstract

Objective: The aim of this research was to assess the use of information technology in the internal audit departments of government entities in Malta. The study aimed to assess whether the internal auditors of government entities are adapting their audit systems to new developments in IT. Approach: The methodology consisted of interviews with internal auditors of government entities. This method of assessment was performed because of the small target population and the dynamic characteristic of IT. Interviews yield details which would enable the area to be thoroughly studied and better compare any differences between interviewees. Results: This study concluded that government entities are becoming more automated. This includes the newly set up internal audit departments that right from the start felt the need to have a computerised audit system. Since government operations are increasingly being automated, a computerised audit system would help the internal auditor be more effective and efficient in his work. Conclusion: IT is another tool available to the auditor. Any improvements made to it and its increased use by the auditor will automatically improve the audit work. Auditors would do well to recognise the benefits that can be achieved from a computerised system made to get the best results in their work.