Day: January 8, 2022

In test data the auditor prepares the test data and the data is processed on the current production version of the client’s software. The test data is processed separately from client’s normal input data. The test data that is processed Read More …

By use audit software, the auditor is able to test huge volumes of data within a very short time. Besides these functions can be performed using audit software: File re – organization such as indexing, sorting, merging and linking with Read More …

Any software with that capability of directly reading and accessing data from databases is called audit software. The software has the ability to carry out mathematical computation and operations, statistical analysis, sequence checks etc. the software assists the auditor in Read More …

Due to the special features in computerized systems, it is necessary to devise appropriate audit approach. There are usually two main approaches that can be adopted. These approaches are: Auditing around the computer Auditing through the computer 1.Auditing Around the Read More …

All audits must be planned. In a computerized environment must be taken in account and considered. The auditors need to be involved in computerized systems at the planning, development and implementation stages. Knowledge of the systems gained at these stages Read More …

The use modern technology, especially computers in the processing of financial data and information has totally changed the general approach of the audit by auditors. The use modern technology in processing the data and information does not in any way Read More …

For all processing systems, including computerized systems, accuracy and reliability can be achievable only with conscious planning designed to assure satisfactory results. Information, protection, and control, the objective of internal control earlier, are equally applicable to computerized systems. In order Read More …

There are fundamental differences between manual systems and computerized systems. The manual systems are likely to physical controls as opposed to the computerized systems whereby the controls may be both physical controls and system in – built. The fundamental differences Read More …

Introduction We live in a fast-moving and automated world of information superhighway. No country or organization can afford to be left behind since by doing so, she risks underdevelopment, isolation and backwardness. Most businesses are no longer using the manual Read More …

There are two types of audit reports. These are: Unqualified Reports – these are clean reports whereby the auditor was satisfied that all the necessary information and clarifications were properly made. All the issues that the auditor may have raised Read More …