Project Report Template and Guidelines on Project Report Submission

📊 Evaluation Criteria

Please note that the evaluation of the project would be based on the following criteria:

1. Usage and application of course material in terms of knowledge and skills to the problem.
2. Usage of best practices and IS Audit skills as required for the problem.
3. Presentation of the solution in a structured manner.
4. Presentation of solution in the form of deliverables as appropriate for the problem.
5. Name………….. Membership No……………..Signed…………………….…………
6. Name……….… Membership No ……………..Signed…………………….…………
7. Name……….… Membership No ……………..Signed…………………….…………
8. Introduction
9. Auditee Environment
10. Background
11. Situation
12. Terms and Scope of assignment
13. Logistic arrangements required
14. Methodology and Strategy adapted for execution of assignment
15. Documents reviewed
16. References
17. Deliverables
18. Format of Report/Findings and Recommendations
19. Summary/Conclusion
20. Introduction

A. Please provide your understanding in one or two para information about the auditee covering nature of business, organisation structure, technology infrastructure, policies and procedures, etc.)

21. Auditee Environment

Please provide complete details of nature of business, organisation structure, technology deployed. The Technology deployed must include information of system software, database and application software). Provide specific details of regulatory requirements and overview of specific internal policies and procedures such as information security policy. This has to be as detailed as possible. Please make suitable assumptions and add more details as required.

22. Background

Please provide details highlighting the client need for the assignment. Provide reasons why the enterprise wants the assignment to be done in 2-3 paras.

23. Situation

Please provide details of existing scenario which has given rise to the need for the assignment. Provide all the details of the current situation. Include here the identified problem areas and control weaknesses.

24. Terms and Scope of assignment

Please provide details of terms and scope of assignment clearly identifying areas being reviewed or area in which consulting is required.

25. Logistic arrangements required

Please provide details of logistics required for execution of assignment including hardware, system software, application software, data, documentation, etc. Please include details of any CAAT tools used.

26. Methodology and Strategy adapted for execution of assignment

Please provide details of structured methodology which is adapted from ICAI standards/guidelines, International standards/guidelines and best practices as relevant for the assignment. This may include how the standards, guidelines and best practices are used for preparing specific audit plan, audit program or detailed audit procedures.

27. Documents reviewed

Please provide list of sample documents reviewed during the assignment, such as information security policy, organisation structure, vendor contracts or SLA, access matrix, audit findings, etc. These documents will be the basis for review and coupled with the all the prior information can be used for identifying control weaknesses and providing recommendations.

28. References

Please provide list of specific standards, guidelines and best practices or other references to be used in performing the assignment. Please include reference of specific section of background material, ICAI  and international standards/guidelines/best practices and websites or publications as used in the assignment.

29. Deliverables

Please provide details of specific deliverables of the assignment. These would include the draft IS Audit Report, Final IS Audit report, executive summary, detailed findings and recommendations, etc.

30. Format of Report/ Findings and Recommendations

Please provide report in standard/specific format as required. Each of the findings is also to be provided in the standard/specific format. You may adapt this from best practices or customize these as required.

31. Summary/Conclusion

Please provide overall summary/conclusion of the assignment. This could be in two to three paras.

Please consider the above guidelines in preparing your project report. We are attaching the Project template in which the project report is to be provided. We wish you all the best in the successful completion of the project and hope you will have a great learning experience.