Application

TVA helps organisations answer the following key questions critically and honestly

Technology Value Assurance: The Real Deloitte Differentiator to IT Audit

Mario BassonDirect: +27 (0)12 482 0434Mobile: +27 (0)82 564 1149Email: mabasson@deloitte.co.za

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What is Technology Value Assurance?

• An audit, is an audit, is and audit ... Due to the evolving global assurance landscape, that is how organisations are starting to view their annual statutory fi nancial audit. Audits are becoming commodity services, with no or limited value being added beyond the standard audit mandate. Due to evolving regulatory requirements and increasing market pressures, organisations require a broader focus on Business Strategies, Governance and Internal Controls.

• Deloitte’s Technology Assurance & Advisory (TAA) has developed a unique approach to IT Assurance engagements. We bring a business mind-set combined with deep technical knowledge and extensive industry experience to assist clients to address business issues across the broad spectrum of accounting, security and privacy, governance, process improvement, data analytics and risk advisory disciplines.

• What are the Governance defi ciencies that are causing operational control failures?

• What is the role of IT in your business?

• What is the condition of IT?

• Are you getting the envisaged value from IT?

• What are your key IT pain points and risks?

• How do you enhance technology to be a strategic enabler?

• Which IT priorities should you focus on?

Value/Benefi t Statement

• Prioritised focus on alignment between IT and business

• Improved IT agility and innovation

• Increased process maturity and capability

• Increased process effi ciency

• Improved internal control environment

• Improved regulatory compliance

• Updated IT risk profi le aligned to business risk

Value/benefi tsValue/

benefi ts

Deloitte takes an inclusive approach that allows us to draw a complete picture of your IT organisation. Our assessments can be tailored to meet your specifi c IT requirements and can cover the following viewpoints:

• Alignment between business and IT• Project view• IT governance health check• Role of IT (current and required)• Condition of IT• IT maturity assessment• Benchmarking (role, staffi ng, costing)• IT risk assessment

Painpoints

• Regular or repeated adverse audit fi ndings

• Insuffi cient or reactive IT Risk Management

• Failure to meet regulatory or contractual requirements

• Perception of low business value derived from IT

• Signifi cant IT related incidents causing business disruption

• Business frustration with failed IT projects or initiatives

• Rising IT costs or hidden IT spending

• Outsourcing service delivery problems experienced

• Low level of IT Innovation

IT Strategy

IT PerformanceIT Capability

IT Risk

Client landscape

CIOdashboard

Benchmarking Industry

TVA Execution Strategy •Client

•Industry

•Local landscape

• Deloitte IT Audit• Internal Audit• Internal assessments• Workshops and

targeted meetings• Benchmarking

information

Understand the client Gather information Alignment business and IT IT effectiveness assessment Identify improvement areas The road ahead

• Determine role of IT• Align business goals

to IT related goals• Rank relevance of IT

process

• Based on Cobit 5

• Prioritise IT processes• Assess maturity• Maturity roadmap• IT cost & budget

benchmarking• IT project benchmarking• Application technical

soundness

Methodology/EnablersIT models Maturity assessments Cobit framework Deloitte value and Risk Maps

Overall scope and approach

agility and innovation

• Increased process effi ciency

• Improved internal control environment

• Improved regulatory compliance

• Updated IT risk profi le aligned to business risk

Alignment business and IT IT effectiveness assessment Identify improvement areas The road ahead

• Determine role of IT• Align business goals

to IT related goals• Rank relevance of IT

process

• Prioritise IT processes• Assess maturity• Maturity roadmap• IT cost & budget

benchmarking

Overall scope and approach

TVA helps organisations answer the following key questions critically and honestlyfollowing key questions critically and honestly

TVA helps organisations answer the following key questions critically and honestly

TVA helps organisations answer the

Technology Value Assurance: The Real Deloitte Differentiator to IT Audit

industry experience to assist clients to address business issues across the broad spectrum of accounting, security and privacy, governance, process improvement, data analytics and risk advisory disciplines.

Deloitte takes an inclusive approach that allows us to draw a complete picture of your IT organisation. Our assessments can be tailored to meet your specifi c IT requirements and can cover the following viewpoints:

PainPainPainpointspointspoints

• Regular or repeated adverse audit fi ndings• Regular or repeated adverse audit fi ndings

• Insuffi cient or reactive IT Risk Management• Insuffi cient or reactive IT Risk Management

• Failure to meet regulatory or contractual • Failure to meet regulatory or contractual requirements

• Perception of low business value derived from IT

• Signifi cant IT related incidents causing business disruption

• Business frustration with failed IT projects or initiatives

• Rising IT costs or hidden IT spending

• Outsourcing service delivery problems experienced

• Low level of IT Innovation

industry experience to assist clients to address business issues across the broad spectrum of accounting, security and privacy, governance, process improvement, data analytics and risk advisory disciplines.

• Key fi ndings

• Impact

• Recommendations

• Next steps