This is a blog for the students and professionals of accounting bodies. We will discuss here briefly about the concepts of insurance , leasing and specifically about risk and risk assessment, audit , audit procedures , audit plans and audit programs. So please comment on the posts......!
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Thursday, February 3, 2011
What Audit Means:
The word audit has two meanings. The first is the security audit, whereby a consulting firm comes in and validates a companies security profile. This is similar to how accounting firms review a company's books. The second term is infosec specific, and means an "auditing" subsystem that monitors actions within the system. For example, it may keep a record of everyone who logs onto a system. Such a record is known as an audit trail.
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