ITEE ITEE-1 | Page 155

●Preparation of system audit report Once the system audits are complete, a “system audit report” is prepared to accurately inform management, the audited department, and the related departments of the results. The audit report includes the “audit results”, a “general overview”, the “strong points”, “suggestions”, and “things that need to be improved.” ●Opinion exchange meeting At the “opinion exchange meeting,” opinions are exchanged with the representative of the audited department to make sure there are no factual errors in the audit report. Opinion exchange is a characteristic process of system audits. The opinion of the audited department as shared at the opinion exchange meeting is reflected in the system audit report, and additions or changes are made as necessary to put the finishing touches on it. ●Audit report meeting An “audit report meeting” is held to provide an explanation of the audit results to management based on the final audit report. ●Follow-up The effectiveness of system audits hinges on the provision of suggestions for improvement. For that reason, the system auditor checks on the status of improvements and supports the implementation thereof. This is called “follow-up.” Regular audits are carried out to check on the status of improvements, and follow-up audits are performed as necessary. 2 Other Audit Work Other typical audit work is as follows. 149 Accounting audit Accounting and financial statements are audited and approved by a third party. These audits are performed by a certified public accountant or an auditing firm. Operations audit The results of a company’s business and management activities, the management methods used, etc. are verified and evaluated by a third party. These audits are performed by internal auditors or the company’s auditor. Information security audit The criteria, methods, etc. of information security measures are audited, corrected, verified, and evaluated by a third party. These audits are performed by internal auditors or the company’s auditor.