Protection and Retention of Client Data

12 October 2021
Auditing and Assurance
South African Accounting Academy

The audit industry is experiencing a wave of digitisation, with an increasing digital processing of data. The unprecedented challenges arising from the Covid-19 pandemic have demanded that clients and firms work remotely, and this presents circumstances where more client data is being exchanged on technological platforms (some of which are unsecure). As a result, these new ways of working are creating more threats of data security breaches.

This IRBA Staff Audit Practice Alert serves to provide auditors with guidance and considerations with respect to the protection and retention of client data. It covers the following topics:

Possible implications on the audit firm if the confidentiality of client data is compromised;
Possible threats to the protection and retention of client data;
Possible developments and improvements of the control environment that can be implemented by an audit firm to protect and retain client data.

Click here to download the Staff Alert:

https://www.irba.co.za/upload/IRBA%20Staff%20Audit%20Practice%20Alert%206_Protection%20and%20Retention%20of%20Client%20Data.pdf

Get all your CPD online. SA Accounting Academy (SAAA) offers Subscription Plans, Live Webinars, Webinars On-Demand, Access to Experts, Courses, Articles and more: https://cpd.accountingacademy.co.za.