Which of the following is the PRIMARY reason for an IS auditor to map out the narrative of a business process?
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A. B. C. D.B.
The primary reason for an IS auditor to map out the narrative of a business process is to gain insight into potential risks. This involves documenting the flow of transactions or activities within the process, identifying key control points, and assessing the effectiveness of controls in mitigating risks.
By mapping out the narrative of a business process, the IS auditor can gain a deeper understanding of the process, its components, and how it interacts with other processes. This can help identify potential areas of weakness or vulnerability, which can be used to inform the development of audit procedures and testing strategies.
In addition, mapping out the narrative of a business process can help ensure alignment with organizational objectives. This involves identifying the key performance indicators (KPIs) that are relevant to the process and assessing whether the process is meeting these objectives. By doing so, the IS auditor can help ensure that the organization's goals are being met and that the process is contributing to the overall success of the organization.
Mapping out the narrative of a business process can also help identify the resources required to perform the audit. This involves assessing the complexity of the process, the types of controls in place, and the level of testing required to ensure that the controls are working effectively. By doing so, the IS auditor can determine the level of effort required to perform the audit and allocate resources accordingly.
However, while ensuring alignment with organizational objectives and identifying the resources required to perform the audit are important considerations, the primary reason for mapping out the narrative of a business process is to gain insight into potential risks. This is because the ultimate goal of an IS audit is to assess the effectiveness of controls in mitigating risks and providing assurance to stakeholders that the organization's information systems are secure, reliable, and meet regulatory requirements.