1. Progress Report GUID on Information Systems Audit
A presentation by SAI India for 28th INTOSAI WGITA-FIJI

2. Background
New project taken at the behest of FIPP, as part of SDP of IFPP
Project Consolidating and aligning guidance on IT Audit with ISSAI 100
Project now titled – Guidance on Audit of Information Systems
IFPP reserves series for guidance on IT Audit
ISSAI 5300 to be taken as GUID 5100 in IFPP
Approved Project Duration:
to (24 months)
Project in line with FIPP deadline for submission before XXIII INCOSAI 2019
Members of Project Team
Lead: India
Members: Australia, Poland, Russia, USA
Project Progress Report on Revising GUID on IT Audit – Presentation by SAI India

3. Revising GUID on IT Audit
Project Objectives
Draw upon existing Standards (ISACA), guidelines and frameworks (COBIT) and similar material related to IT audit
Align with ISSAI 100, 200 (FA), 300 (PA) and 400 (CA)
Consult material contained in GUID 5450 and other guidance
To be overarching, general principles GUID on IT Audit and provide basis for GUIDs on IT related specific subject matter
Require alignment with ongoing WGITA Project for revising ISSAI 5310 on IT Security Audit (now GUID 5101)
Revising GUID on IT Audit

4. GUID 5100: Project methodology – Drafting Process
GUID developed keeping in mind the FIPP’s requirement:
GUID should establish clear linkages with Financial, Compliance, Performance audit
Provide reference to different aspects of IT Audit for which subject specific GUIDs are proposed to be developed.
Follows the Due Process for Professional Pronouncements.
Inputs and comments from CAS, PAS and FAAS taken while developing the exposure document.
FIPP’s drafting convention for GUID followed.
Project Progress Report on development of GUID Presentation by SAI India

5. Project Stages and Status: GUID 5100
Stage-1: Project Initiation Document
approved by FIPP in October 2017.
Stage-2: Exposure Draft
Completed and circulated in September, 2018;
Approved by Chair, KSC, and FIPP in November 2018.
Uploaded ( in Jan19 for comments by 24 April.
Stage-3: Endorsement Version
Will be developed based on the comments received.
To be submitted to FIPP at their August 2019 meeting
Stage-4: Final GUID 5100
Final GUID 5100 to be submitted to INCOSAI 2019
Project Progress Report on development of GUID Presentation by SAI India

6. Proposal before WGITA WGITA members are requested to:
Take note of the Progress Report
Provide comments on the exposure draft before the due date of 24th April 2019.
Draft GUID exposed on for comments.
Project Progress Report on development of GUID Presentation by SAI India

7. Thank You