Financial reviews – evaluate the accounting and reporting of financial transactions
Operational reviews – examine operating information and the means used to identify, measure, classify, and report such information; review the means for safeguarding assets; ascertain if results are consistent with management’s objectives and goals and if the operations are being carried out as planned; appraise the economy and efficiency with which resources are employed; and review the systems established to ensure compliance with policies, procedures, plans, laws and regulations.
Compliance reviews – determine the degree of adherence to laws, policies and procedures
Management Information Systems – evaluate system input, output and processing controls, backup and recovery plans, and system data and physical security.
System Development and Implementation Reviews – provide input into the control aspects of major information systems development projects.