From an IS auditor's perspective, the V-model's defined life cycle
phases and specific points for review and evaluation provides the
following advantages:
• The IS auditor's influence is significantly increased when there
are formal procedures and guidelines identifying each phase
in the business application life cycle and the extent of auditor
involvement.
• The IS auditor can review all relevant areas and phases of
the systems development project, and report independently
to management on the adherence to planned objectives and
company procedures.
• The IS auditor can identify selected parts of the system and
become involved in the technical aspects on the basis of his/her
skills and abilities.
• The IS auditor can provide an evaluation of the methods and
techniques applied through the development phases of the
business application life cycle