Wednesday, May 6, 2020

Auditing Computer Based Information Systems - 2763 Words

This research paper focuses on auditing the computer based information systems. The research methodology adopted in this case is the descriptive research based on secondary data. For the secondary data, the research paper focuses on five published research papers related to the similar field. The most important and the concrete element of any MIS is information. It needs to be constantly filled with information which is then routed through various levels of filtrations to produce meaningful information that assists employees in taking mature decisions. The road ahead was simple then with the tackling of key issues such as security and access controls, insurance policies of computing systems, examining vendor maintenance contracts and control functionality. The auditing computer based system is not as difficult as it is proclaimed by many. Most of them is just hearsay. Learning basics as to working of computer systems, one can easily grasp command over auditing such technical systems, namely knowledge of Operating Systems, Central Processing Units and Application level understanding. Auditing of online sources of financial information as well as auditing with the help of computer based system along with the manual system of auditing is a key issue that is described in this research paper. Importance Of the Study The study conducted in this research paper is important as huge chunks of financial data is now spread to the users of financial information through onlineShow MoreRelatedDo Auditors Need to Have in-Depth Knowledge of Information Technology?1362 Words   |  6 Pagesto have in-depth knowledge of information technology? Yes, auditors need to have in-depth knowledge of information technology. Networks and computers deliver the most information needed for auditing to work. For it to be effective, auditors have to use the computer as an auditing tool, audit automated systems and data, and understand the business purposes for the systems and the situation in which the systems operate. The other important uses for networks and computers by auditors are in audit administrationRead MoreEssay on Audit Proposal1327 Words   |  6 Pagesaccounts payable, accounts receivable, payroll, and inventory systems for Kudler Fine Foods. Kudler would now like to see a proposed audit schedule for these systems. The team will distinguish between the types of audits that may use for each process. The team will also recommend the most appropriate audit for each process and explain how to conduct the audits. Identifying events that may prevent reliance on auditing through the computer will also be presented to Kudler for review (Apollo Group,Read MoreSystem Integrity and Validation1007 Words   |  5 Pagesto the audit plan for the analyzed processes, of Kudler Fine Foods, encouragement of ways to improve audit documentation and process, by using computer technology was addressed to Kudler’s management team. As a result, Kudler Fine Foods management team is considering incorporating proposed computer assisted auditing techniques (CAATs) within its systems. CAATs will increase efficiency levels of an auditor’s personal productivity during analysis and data extraction of the audit which is beneficialRead MoreInformation Technology Audit1278 Words   |  6 PagesINF ORMATION SYSTEMS AUDIT Introduction An information technology audit, or information systems audit, is an examination of the controls within an Information technology (IT) infrastructure. IT auditing is a branch of general auditing concerned with governance (control) of information and communications technologies (computers). IT auditors primarily study computer systems and networks from the point of view of examining the effectiveness of their technical and procedural controls to minimise risksRead MoreEssay about System Integrity and Validation1055 Words   |  5 Pageshead: System Integrity and Validation System Integrity and Validation Aaron Stewart University of Phoenix Accounting Information Systems ACC/542 MBAY0ZDVQ0 Yasin Dadabhoy September 19, 2011 Preface Kudler Finer Foods has a very strong accounting information system in place but there is room for improvement. Kudler’s has taken the steps in the correct direction by implementing an industry specific system. ComputerRead MoreKudler Fine Foods Audit Processes974 Words   |  4 PagesAudit Processes Kudler Fine Food has expanded business and updated their computer systems to meet demands. As IT information is adopted within the organization, automation control processes has become more virtualized. To ensure that Kudler’s computerize systems function properly an audit must be performed on an annual basis. Management at Kudler Fine Foods wants to see the proposed audit schedules for all systems. Management wants to know the types of audit and how they will be conducted. InRead MoreComputer Assisted Audit Tools And Techniques, Data Structures And Auditing The Revenue Cycle962 Words   |  4 PagesThe third assignment is based on the following topics: Computer-assisted audit tools and techniques, Data structures and CAATT’s for Data extraction, and auditing the revenue cycle. This paper will provide solutions to the problems specified in this third assignment. The solutions can be referenced back to the provided problems from the text Information Technology Aud iting Assurance on pages 325, 384 458 respectively. Problem 1 - Processing Controls Presented in the following lines will beRead MoreManagement Requires Accurate and Reliable Accounting Control System750 Words   |  3 PagesAccounting control system ensures accuracy and reliability of information required by management for decision making. Accuracy and reliability of information is a prerequisite for management especially when an organization start becoming complex. Reliability and accuracy of information depends on how well the information reflects the economic events which t is based on. The financial statements should reflect the fair view of the status of the organization. This means that they have to be accurateRead Moreaudit proposal1127 Words   |  5 PagesThere are many different types of audits including internal, external, and information technology. Companies should be familiar with the types of audits that may possibly be used on an Accounting Information System (AIS). Knowing the different types of audits and where they are used will help a company be ready for an audit and make the process much smoother. There are some circumstances where auditing through a computer is not always beneficial. Auditors want to make sure they are completing theirRead MorePublic Auditing Cloud Computing For Privacy Preserving Essay1741 Words   |  7 PagesPublic Auditing in Cloud Computing for Privacy Preserving Babita Baghat (Computer Engineering) Dhanashri Patil (Computer Engineering) Abstract - Cloud Computing is huge computing, it is the internet based computing, where all users can remotely store their data into the cloud so as to enjoy the latest and high quality applications and services. In outsourcing data, users can be relieved from the burden of local maintenance and data storage .Thus, enabling public auditability for cloud data storage

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