Application Audit Risk Factors: Interview Evaluation

A.

When planning an application audit, it is most important to evaluate the risk factors that could impact the success of the audit. The risk factors should be evaluated by interviewing the appropriate individuals or groups within the organization. Out of the given options, the best group to interview would be the application owners.

Option A - Process owners: Process owners may have some knowledge of the application, but they may not have a comprehensive understanding of the application's inner workings. They may also have limited access to the application, which could limit the amount of information they can provide.

Option B - Application owners: Application owners are responsible for the application's development, maintenance, and support. They are familiar with the application's inner workings, features, and functionality. They also have a good understanding of the application's risks and controls. Therefore, they are in the best position to provide information on the application's risk factors.

Option C - IT management: IT management may have a good understanding of the organization's overall IT environment, but they may not have a detailed understanding of the application. They may also have limited access to the application, which could limit the amount of information they can provide.

Option D - Application users: Application users have limited knowledge of the application's inner workings, risks, and controls. They only use the application to perform their job functions and may not be aware of the risks associated with the application.

In summary, while it may be helpful to interview other groups in the organization, such as process owners or IT management, it is most important to evaluate risk factors by interviewing the application owners.