Course Objectives.
  1. Define fundamental computer concepts, components and emerging technologies.
  2. Describe the audit planning process and risk associated with auditing in the computerized IS environment.
  3. Explain the audit approach and documentation requirements for an internal control review of a computerized system.
  4. Distinguish between general and application risks and controls.
  5. Identify the auditor's considerations for assessing control risk.
  6. Describe computer-assisted audit techniques and their uses.
  7. Identify the various type of computer-related fraud.

The Fundamentals of Information Systems for Audit Managers (FISAM) course is a two-day training session designed to provide an overview of the processing environment and resulting challenges facing the auditor. With the proliferation of computers over the last decade, there have been significant changes in how financial and accounting data are recorded, accumulated, processed and stored. Consequently, a totally different approach is required in auditing these computerized information systems. The training material is structured to address several course objectives and is comprised of various discussion topics, all of which are designed to give the first-line audit supervisor or manager a basic understanding of what the auditors are encountering today.