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Please help me better understand what is being asked of me. I chose to focus on Computer fraud and abuse as it relates to audit

Please help me better understand what is being asked of me. I chose to focus on Computer fraud and abuse as it relates to audit and control environment issue. The assignment is asking for an analysis. I guess its complicated because I've never had to deal with data analysis in audits. PLEASE HELP

Step Two

Apply your understanding of best practices in this area to a real-world example.

  1. Describe common IT related audit and control environment issues and the best practices for the use of data analysis in audits.
  2. Evaluate a specific IT related audit and control environment issue in a company of your choice.
  3. Offer a recommendation of specific risk management best practices that would help mitigate the IT related audit and control environment issue in your selected company.
  4. Create a summary of the importance of data analysis in an audit. Include your impressions of the likely evolution and impacts of this important technical area.

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