Definition of Information TechnologyThere is no standard or official definition of “information technology”. Each author has his own understanding and interpretation but his illustration is similar to others. I prefer Professor Rajaraman's statement that information technology can be defined as the technology used to acquire, store, organize, process and disseminate process data that can be used in specific applications (2013, p. 1).[ 1] The computer system contains four essential components which are hardware, software, data and people (ITL Education Solutions Limited, 2006, p. 178).[2] Therefore, we can infer that the information technology (IT) industry is the industry involved in producing physical equipment such as computers, routers and mobile devices to make people available to manage, research and develop software to access and process the data. For example, telecommunications organizations, telephone and computer manufacturers, and Internet application developers are considered members of the IT industry. Current situation of the IT sector In the TEKsystems 2014 annual IT forecast report (2014, p.3), [3] IT sector (excluding telecommunications) occupies 29% of the entire industry pie among the top ten sectors and becomes the most important part in 2013. Furthermore, the ICT industry trade association published a news story titled "Positives Outweigh Challenges" and predicts that the IT sector is likely to grow moderately in the future. 2014 (2014). [4]Inherent risk in the IT industryWith the rapid development of information technology, the IT industry expands its business into most areas of our lives, such as media, education, publishing, manufacturing, mobile computing, public sector, services defense and so on. The products… halfway through the document… whether its internal controls are capable of addressing new risks. Monitoring occurs both on an ongoing basis and with one-off assessments. Risk monitoring not only evaluates the performance of risk reduction measures but also serves as a continuous audit function (Bandyopadhyay, Mykytyn, & Mykytyn, 1999). [13] Internal audit activities can test the design and effectiveness of internal controls and uncover potential material errors in the financial report. Conclusion As a high-tech and widely applied emerging industry, the IT industry has relatively high inherent risks even for other industries. In the development process, managers and auditors continue to seek effective and efficient internal controls to reduce risks as much as possible. When auditing a company operating in the IT sector, auditors must consider size and complexity, especially technical risks.