Auditing around the computer

 

Audit procedures that ignore the actual computer processing part of business activities. A sample of input is tested and verified through standard audit technique, and the output is checked. Auditing around the computer assumes that if the output rights, then the processing is right. Auditing around the computers is only effective for transactions in which the right output is obvious; for unusual transaction, these procedures are inadequate.

 

 

 

 

 

   Related Questions in Auditing

  • Q : What are Operational Audits Operational

    Operational Audits: It is a review of how an organization's management and its operating events are functioning with respect to their efficacy and efficiency in meeting stated objectives. For illustration, a business might execute an operational audit

  • Q : Importance of internal audit to the

    Write down the importance of internal audit to the organization?

  • Q : Auditing around the computer Audit

      Audit procedures that ignore the actual computer processing part of business activities. A sample of input is tested and verified through standard audit technique, and the output is checked. Auditing around the computer assumes that if the output rights, then the processing is righ

  • Q : ACL Bradmark Case Case must be analyzed

    Case must be analyzed and reports run using ACL 9 desktop software (Education Edition). Screenprints of reports should be included and explained. All work must be cited.

  • Q : Explain Audit Controls Audit Controls :

    Audit Controls: The common definition of an audit is a valuation of a person, association, system, procedure, enterprise, product or project. The word most generally refers to audits in accounting, internal auditing, and government auditing, however a

  • Q : Importance of Internal Audit Write down

    Write down the importance of Internal Audit?

  • Q : What are Financial Audits Financial

    Financial Audits: It is a financial audit and is the critical analysis of the business's financial records and documentations. This can be completed at any level, from local to governmental. The financial profile or financial audit of the company will

  • Q : Differentiation between External and

    Elucidate the differentiation between External Audit and Internal Audit?

  • Q : Portfolio manager uses a T-bond futures

    1. A portfolio manager uses a T-bond futures contract to hedge a bond portfolio over the next 4 months. The portfolio is worth $75 million and will have duration of 5 years in four months. The futures price is 118 and each contract is for $200,000. There are three bon

  • Q : Internal audit differ from an external

    How does the internal audit vary from an external audit?

©TutorsGlobe All rights reserved 2022-2023.