How could a computerized system’s transaction audit trail in an advancedsystem differ from one in a simple system or a manual system?

Q: What type of internal control would recalculating the totals on a computer report be?

A: Step 1:   The rules and procedures implemented by a company to ensure the integrity of the…

Q: Which of the following is not a typical problem found by auditors when cleansing client data for the…

A: Option D

Q: When an auditor tests the internal controls of a computerized accounting system, which of the…

A: Internal controls are the procedures that are implemented for controlling the fraudulent activities…

Q: How does Real Time Processing affect an audit?

A: Real-time data processing is the program for running multiple rows and columns of data during a…

Q: The computer processing portion of a sales order system is represented by the flowchart. Answer the…

A: Data Processing: This is a batch processing system so as to make use of direct access storage…

Q: The most significant control challenges in end-user computer settings are as follows:

A: Introduction: The following are the most significant control challenges that arise in end-user…

Q: Discuss how the process of obtaining IT audit evidence is inherently different than it is in a…

A:

Q: A CIS environment exists when a computer of any type o. size is involved in processing of an…

A: Answer: CIS is defined as one of information system which is based on computer information system.…

Q: 1. Data under a traditional ledger system is authenticated by a central authority while data under a…

A: “Since you have posted a many question, we will solve first question for you. To get the remaining…

Q: Discuss how the nature of the necessary internal control features is affected by switching from a…

A: Internal Control:- It is the process in which a company puts a check on their employees for each…

Q: Explain the normal process an auditor would expect to find in the client's systems. governing…

A: Audit: It is a systematic examination of books of accounts of an individual or a firm. It is done by…

Q: program itself will:

A: Auditing is the investigation, inspection, or examination of the financial statements of an…

Q: a. Create a data flow diagram of the current system. b. Create a system flowchart of the existing…

A: “Hey, since there are multiple sub-parts posted, we will answer first three sub-parts. If you want…

Q: The IS audit function as a whole will normally require which of the following skills: а. Data…

A: Audit is the examination and verification of books of accounts and financial information in order to…

Q: Explain the purposes and benefits of audit documentation software.

A: Purpose of audit documentation are: To provide a basis for planning the audit. The auditor may use…

Q: Which of the following is a control that can be used to ensure that all of the components of an…

A: The procedures for rejection inputs is a  control that can be used by the auditor to ensure that all…

Q: A primary advantage of using generalized audit software packages to audit the financial statements…

A: The primary advantage of using a prepacked audit system is determine by the use cases.

Q: When can an audit of IT be performed without directly interacting with the system?

A: Auditing:   It is a systematic verification of the books of accounts of an organisation by an…

Q: explain the normal process and auditor can would expect to find in the client system  governing…

A: Auditing:   Auditing refers to the procedure for providing independent report over the presentation…

Q: Discuss why control procedures over access to the data resources become more crucial under the…

A: Database Management: Database management refers to management of databases held within an…

Q: Audit approaches to computerized systems – Auditing around and through the computer

A: Audit:- It is means verification of the accounting books whether the company is following the…

Q: Audit concerns and implications on risk assessment are two important factors that must be addressed…

A: For the needs of AUS, a CIS atmosphere exists once a computerized Associate in Nursing sort or size…

Q: If all of the inputs have been validated before processing, then what purpose do run-to-run controls…

A: The run to run controls is a control device to ensure that no records are lost, unprocessed or…

Q: What are the advantages and disadvantages of documenting internal control by using (1) an…

A:

Q: Briefly describe record counts, batch totals, and hash totals. What types of errors in input…

A: Input controls: It is created to provide reasonable guarantee of received data for processing by the…

Q: an introduction about the effect of artificial inteligence on audit

A: The on-site verification activity of a process or quality system, such as inspection or examination,…

Q: Should system users perform the systems development tasks or should these tasks be left to systems…

A: System Development:  System development is the process by which IT professionals design, program,…

Q: Why might an auditor use a program flowchart?

A: Flowchart:   Flowchart is representation of procedures concerned with the transactions in the…

Q: Briefly provide your opinion whether an auditor wishing to assess the adequacy of separation of…

A:

Q: Why is segregation of duties important in an IT environment. What are some advantages of using IT…

A: Segregation of Duties  is a critical component of risk management and internal controls in a…

Q: Discuss the benefits that may be realized in switching from a computerized batch processing system…

A: The Batch systems assemble the transactions into groups called as batches for processing. The Batch…

Q: What type of internal control is verifying source documents before recording transactions?

A: Step 1:   The verification of source documents means to check if all the documents relating to a…

Q: What are CAATs (Computer-aided audit tools)?

A: CAAT is a technique through which, computer is being used in performing some part of the auditing…

Q: Discuss how the nature of the necessary internal control features is affected by switching from a…

A: For the purpose of an internal control, functions in the manual system are located in physically…

Q: Discuss the importance of the role of the database administrator. In the flat-file environment, why…

A:

Q: Describe the differences between auditing around the computer and auditing through the computer?…

A: Auditing is the process in which the professional called auditor, performs the audit on the client…