Enterprises face increasingly complex regulatory requirements and ever-changing information and technological processes. To thrive, they must respond to the controlled operation of information technology to be law-abiding, secure, and minimize the risks associated with IT. In this rapidly changing technological environment, the trust of customers, the public, and investors, as well as compliance with regulatory requirements are of paramount importance.
Work with audit professionals to ensure confidence in the technology environment used to prepare financial statements and appropriate internal control over financial statements
Increase trust in technological means of internal control, as a result — business growth
Assess and minimize technological risks within the existing technological base for new business initiatives, such as: introduction of new technologies or launch of products and services
In providing information on key technological issues and future trends
MagneticOne Consulting Group will audit clients’ technology environments (networks, applications, core infrastructures) to support the audit of financial statements and external audit reporting. The company will
MagneticOne Consulting Group achieves internal audit goals through cosoursing outsourcing and individual models, according to the client’s business needs.
The company’s diagnostic assessments help customers understand control gaps in their IT environment and improve the overall technology risk management system. In general, a number of specific areas are covered: cybersecurity, data confidentiality, IT strategy, information management, data quality, and protection.
Consulting Group provides an independent guarantee of control of service organizations that provide services to user organizations. Service organizations demonstrate their internal control environment to increase business trust from existing or potential customers. The company will help customers gain confidence in the standards that apply.
Also, the company will help customers evaluate and optimize existing control systems in the organization.