Audit Software

Acquisitions

https://cdn.fbsbx.com/v/t59.2708-21/53551171_405707956869852_57390751880000…_nc_ht=cdn.fbsbx.com&oh=49beda4f833cbd2038d212f361f23cc4&oe=5C7C4E17&dl=1 02/03/2019, 8G21 AM

Page 1 of 12
 A purchased software solution should
effectively and efficiently satisfy user
requirements. The most common risks
associated with acquiring software are
that the selected solution does not satisfy
the intended purpose or is not technically
feasible.

https://cdn.fbsbx.com/v/t59.2708-21/53551171_405707956869852_57390751880000…_nc_ht=cdn.fbsbx.com&oh=49beda4f833cbd2038d212f361f23cc4&oe=5C7C4E17&dl=1 02/03/2019, 8G21 AM

Page 2 of 12
 Controls associated with risks

“
● Alignment with the company’s business and IT
strategy
● Feasibility studies
● Identification of functionality, operational
acceptance, and maintenance requirements
● Conformity with existing information and system
architectures
● Adherence to security and control requirements
● Understanding of the related acquisition and
implementation methodologies
● Supplier requirements and viability

https://cdn.fbsbx.com/v/t59.2708-21/53551171_405707956869852_57390751880000…_nc_ht=cdn.fbsbx.com&oh=49beda4f833cbd2038d212f361f23cc4&oe=5C7C4E17&dl=1 02/03/2019, 8G21 AM

Page 3 of 12
 Alignment with the Company’s
Business and IT Strategy
The Business requirements associated with
the solution being sought should link to
goals and objectives identified in the
company’s business and IT strategy.

https://cdn.fbsbx.com/v/t59.2708-21/53551171_405707956869852_57390751880000…_nc_ht=cdn.fbsbx.com&oh=49beda4f833cbd2038d212f361f23cc4&oe=5C7C4E17&dl=1 02/03/2019, 8G21 AM

Page 4 of 12
 Alignment with the
company goals

https://cdn.fbsbx.com/v/t59.2708-21/53551171_405707956869852_57390751880000…_nc_ht=cdn.fbsbx.com&oh=49beda4f833cbd2038d212f361f23cc4&oe=5C7C4E17&dl=1 02/03/2019, 8G21 AM

Page 5 of 12
 Feasibility Studies

“
Feasibility studies should be reviewed to
ensure that the selected solution not only
meets the requirements but also is
compared and contrasted with the
feasibility of the other solutions.

https://cdn.fbsbx.com/v/t59.2708-21/53551171_405707956869852_57390751880000…_nc_ht=cdn.fbsbx.com&oh=49beda4f833cbd2038d212f361f23cc4&oe=5C7C4E17&dl=1 02/03/2019, 8G21 AM

Page 6 of 12
 Develop In-house or

“
Outsource

https://cdn.fbsbx.com/v/t59.2708-21/53551171_405707956869852_57390751880000…_nc_ht=cdn.fbsbx.com&oh=49beda4f833cbd2038d212f361f23cc4&oe=5C7C4E17&dl=1 02/03/2019, 8G21 AM

Page 7 of 12
 Make or Buy

https://cdn.fbsbx.com/v/t59.2708-21/53551171_405707956869852_57390751880000…_nc_ht=cdn.fbsbx.com&oh=49beda4f833cbd2038d212f361f23cc4&oe=5C7C4E17&dl=1 02/03/2019, 8G21 AM

Page 8 of 12
 Cost-Benefit Analysis

https://cdn.fbsbx.com/v/t59.2708-21/53551171_405707956869852_57390751880000…_nc_ht=cdn.fbsbx.com&oh=49beda4f833cbd2038d212f361f23cc4&oe=5C7C4E17&dl=1 02/03/2019, 8G21 AM

Page 9 of 12
 Identification of functionality, Operational,
Acceptance, and Maintenance
requirements

Requirements need to extend beyond end-

user expectations. They should include
the internal functionality of the system
with consideration for operational and
maintenance requirements.

https://cdn.fbsbx.com/v/t59.2708-21/53551171_405707956869852_57390751880000…_nc_ht=cdn.fbsbx.com&oh=49beda4f833cbd2038d212f361f23cc4&oe=5C7C4E17&dl=1 02/03/2019, 8G21 AM

Page 10 of 12
 Acceptance
Acceptance plans should include inspections,
functional tests, and workload trials. Without
acceptance guidelines, the selected solutions
may not comply with user requirements and
performance expectations.

11

https://cdn.fbsbx.com/v/t59.2708-21/53551171_405707956869852_57390751880000…_nc_ht=cdn.fbsbx.com&oh=49beda4f833cbd2038d212f361f23cc4&oe=5C7C4E17&dl=1 02/03/2019, 8G21 AM

Page 11 of 12
 Conformity with Existing information

“
and System Architecture

This control is directly correlated with the

evaluation of technical feasibility and the
business’s information elements.
The software must conform with the existing
rules and guidelines that underlies in the
company.

12

https://cdn.fbsbx.com/v/t59.2708-21/53551171_405707956869852_57390751880000…_nc_ht=cdn.fbsbx.com&oh=49beda4f833cbd2038d212f361f23cc4&oe=5C7C4E17&dl=1 02/03/2019, 8G21 AM

Page 12 of 12