Information system audit ensures safeguarding of assets. Briefly explain types of assets safeguard by audit team of Information Systems.

The objectives of IT audit include assessment and evaluation of processes that ensures asset safeguarding -'assets' which include the following five types of assets: Data: Data objects in their widest sense, i.e., external and internal, structured and non-structured, graphics, sound, system documentation etc. Application Systems: Application system is understood to be the sum of manual and programmed procedures. Technology: Technology covers hardware, operating systems, database management systems, networking, multimedia, etc. Facilities: Resources to house and support information systems, supplies etc. People: Staff skills, awareness and productivity to plan, organize, acquire, deliver, support and monitor information systems and services. Proprietary Information: Data, information, or any other asset belonging to the organization that is stored in the system.