Types of Security & Risk Reviews
Every executive should understand these audit and review types. Explore our detailed tutorials on each type of security audit, compliance review, and risk assessment to strengthen your organization's governance.
Cybersecurity Audit
Evaluate your organization's defenses against evolving cyber threats
Internal Audit
Conducted internally to improve risk management, controls, and governance
Compliance Review
Verify adherence to laws, regulations, internal policies, and contractual obligations
IT Control Audit
Independent evaluation of IT controls, processes, and infrastructure
Risk Management Review
Checks adherence to laws, regulations, internal policies, and contractual obligations
External Security Assessment
Independent audit by an external auditor to give an unbiased opinion on security posture
Financial Control Review
Verification of financial statements for accuracy and compliance with accounting standards
Information Security Review
Evaluates IT infrastructure, policies, systems, and data security controls
Integrated Risk Audit
Combination of financial, internal control, and compliance audits in a unified approach
Investigation Review
Focused on uncovering suspected misconduct or misappropriation
Operational Risk Audit
Analysis of business operations for efficiency, effectiveness, and economy
Payroll / HR Control Audit
Verifies salary payments, statutory withholdings, benefits, and labor law compliance
Performance Review
Evaluates if programs or departments are achieving objectives efficiently and economically
Special Audit
Mandatory audit required under law for specific regulatory or statutory purposes
Statutory Audit
Verifies physical inventory against records to detect discrepancies
Asset / Inventory Audit
Verifies assets under tax laws such as Section 44AB of the Income Tax Act
Tax & Regulatory Audit
Audit under tax laws such as Section 44AB of the Income Tax Act
Audit Categories
Security and risk reviews fall into several categories, each serving a distinct purpose in your organization's governance framework.
Security Audits
Assessments focused on data security, cyber risks, and protective controls.
Compliance Audits
Reviews ensuring adherence to laws, regulations, and contractual obligations.
IT Audits
Independent evaluations of IT controls, processes, and infrastructure.
Operational Audits
Assessments of business operations for efficiency, effectiveness, and governance.
Financial Audits
Verification of financial statements, controls, and accounting compliance.
Risk Audits
Analysis of risk management processes and integrated risk frameworks.
HR & Payroll Audits
Verification of salary payments, statutory withholdings, and labor law compliance.
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