Assessing the Ict Audit Practices in Ghanaian
Private Sector Companies; A Case Study of Kpmg-Ghana

Assessing the Ict Audit Practices in Ghanaian
Private Sector Companies; A Case Study of Kpmg-Ghana

Theophilus Nii Armah

Efficiency and productivity in audit assurance has compelled auditors to apply tools of information technology and systems to facilitate work in both private and public institutions. These computer-based platforms assist both internal and external auditors to minimize errors, fraud and omissions to ensure accountability, transparency and value for money in corporate organizations. Although several businesses and organizations incur huge cost to deploy information and communication technology infrastructure, the purpose and value for acquisition is often not realized in the presence of technological advancement due to some determinants. This study was conducted mainly to focus on ICT audit and its necessitation. It also took into consideration the experiences, advantages and disadvantages or setbacks if any and why other organizations must integrate it into their systems. The study was undertaken considering Ghanaian private sectors with the main focus being on Klynveld, Peat, Marwick and Goerdeler (KPMG) auditing company. Its significance is to enhance system security and minimize vulnerabilities on infrastructure deployments and processes and to offer a guideline that is aimed at aiding companies in terms of policy enforcement. It can also help expatiate the possibility and importance of retaining company’s internal auditors and realign their mandate since most tasks and mandate has been provisioned to be handled by all enterprise systems. The study employed the use of mixed method thus the use of both qualitative and quantitative methods. Qualitative part of the study employed the use of semi structured meetings, face to face interviews, telephone interviews and secondary data obtained from the literature. The quantitative methods involved mainly the use surveys in the form of questionnaires. The data was obtained from a sample size of 20 staffs which were up of two (2) Leadership and Management Personnel, three (3) Heads of Department, six (6) Technical team staffs and nine (9) junior staff on ICT audit.

MSc Management Information Systems

Ghana Technology University College

January 2018

Dr. Stephen Asunka