Information System Audit
Audit of IT systems, access controls, data integrity and cybersecurity controls supporting financial reporting and operations.
- Estimate Cost
- ₹50,000 – ₹3,00,000
- Typical duration
- 14 days
Service overview
Evaluating and assessing IT infrastructure, system controls, data security, and network integrity.
Who needs it? / When is it needed?
Organizations relying heavily on IT systems, cloud infrastructure, and automated financial software.
What to expect from the WCP Professionals
IT control assessment, vulnerability review, and cybersecurity compliance evaluation.
Key deliverables
IT audit report, system vulnerability assessment, and risk mitigation recommendations.
Standard turnaround time
7 to 14 working days.
Government fees, timelines & key outcomes
No government fee.
Sector regulators set their own IS audit requirements — for example, RBI for banks and NBFCs and SEBI for market intermediaries — and some must be done by auditors with specified certifications.
Key outcomes: assurance over IT controls, data integrity and cybersecurity, with a prioritised remediation plan.
Forms & filings involved
IT compliance checklists, security logs, and control framework documents.
Documents required
Network architecture diagrams, access control policies, IT logs, and system documentation.
What we need from you
Access to IT systems, administrator cooperation, and technical environment overview.
Important conditions
Subject to authorized system access and disclosure of security architectures.
Additional information
Ensures protection against cyber threats, data breaches, and system failures.
The estimated cost covers indicative professional fees only. Government fees, stamp duty and taxes are payable at actuals.
How it works
- 1. Raise a service enquiry describing your requirement.
- 2. A Relationship Manager reviews it and opens it for bidding.
- 3. Pay into escrow and assign the professional you select.
- 4. Track progress to completion, then accept and release payment.
Frequently asked questions
What does an IS audit cover?
IT general controls — access, change management, backups and operations — plus application controls, data integrity and cybersecurity.
Who needs an IS audit?
Regulated entities such as banks, NBFCs and market intermediaries, and any business relying heavily on IT for financial reporting.
Is an IS audit linked to the statutory audit?
Yes. Auditors rely on IT general controls when reporting on internal financial controls.
What qualifications do IS auditors hold?
Often DISA (ICAI) or CISA, and some regulators require specified certifications.