Week 04 – Wrap Up

Class Video: Not Available. We conducted this class entirely online and there was no video capture.

Class Slides and Mindmap: Week 04-Laws Regs and Vendor Management.pptx

There are many factors to take into account to determine the scope of an audit assurance initiative. It requires

• Identifying all the Stakeholders and their stake. These are what drive the engagement
• Determining the objectives of the engagement based on internal and external environmental factors
• Identifying the enablers in scope to obtain the most comprehensive scope for the assurance engagement

You will find more information Scoping in Section 2B, Chapter 3 – Determine Scope of the Assurance Initiative – of COBIT 5 for Assurance.

The link above is for the class slides and the mind map we drew during class. Mind mapping is a great way to break down a subject – scoping the assurance initiative – or ideas into smaller concepts or steps. It is a great tool for brainstorming. If you liked to tool I used – XMind – there’s a free version you can use. Google “mind mapping software” and you’ll get a few hits.

I’ll post reading assignments for our next class sometime tomorrow.