Internal Audit and Y2k
Altron Management Services
How can auditors provide such assurance?
Is it enough to simply ask management if the issue is being addressed?
How do we dig deeper to gain adequate assurance that reasonable actions are being taken and that the business risk is being managed effectively?
Audit risks are high, so a high degree of confidence in conclusions, regarding the business readiness for the Year 2000, is needed.
Internal Audit can help management in mitigating risks and meeting the management objectives.