GAS is a type of Common computer-assisted audit tool. This tool is used for mining and analyzing data to detect errors and omissions and collecting proof for audit. GAS comprises a series of program to read files, select information, calculate, and print reports in a specified format. It simplifies the task of collecting data and records for the auditors. Examples of GAS 1) ACL-Audit Command Language 2) IDEA −Interactive Data Extraction and Knowledge Tasks performed by GAS 1) Selection of data 2) Reporting of data on files 3) Format of testing results in reports 4) Print confirmations 5) Screening and filtering of data 6) Comparison of data and identification of differences 7) Recalculation of data fields 8) Improving efficiency by automation of manual procedures 9) Reduction of risk as it facilitates testing of entire population than only samples 10) GAS helps in documentation of various audit procedures To explain: Examples of task performed by GAS

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Answer 1

Question

Chapter 8, Problem 62RSCQ

To determine

Introduction: GAS is a type of Common computer-assisted audit tool.

This tool is used for mining and analyzing data to detect errors and omissions and collecting proof for audit.

GAS comprises a series of program to read files, select information, calculate, and print reports in a specified format.

It simplifies the task of collecting data and records for the auditors.

Examples of GAS

1) ACL-Audit Command Language

2) IDEA −Interactive Data Extraction and Knowledge

Tasks performed by GAS

1) Selection of data

2) Reporting of data on files

3) Format of testing results in reports

4) Print confirmations

5) Screening and filtering of data

6) Comparison of data and identification of differences

7) Recalculation of data fields

8) Improving efficiency by automation of manual procedures

9) Reduction of risk as it facilitates testing of entire population than only samples

10) GAS helps in documentation of various audit procedures

To explain: Examples of task performed by GAS

Expert Solution & Answer

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Answer 2

Question

Chapter 8, Problem 62RSCQ

To determine

Introduction: GAS is a type of Common computer-assisted audit tool.

This tool is used for mining and analyzing data to detect errors and omissions and collecting proof for audit.

GAS comprises a series of program to read files, select information, calculate, and print reports in a specified format.

It simplifies the task of collecting data and records for the auditors.

Examples of GAS

1) ACL-Audit Command Language

2) IDEA −Interactive Data Extraction and Knowledge

Tasks performed by GAS

1) Selection of data

2) Reporting of data on files

3) Format of testing results in reports

4) Print confirmations

5) Screening and filtering of data

6) Comparison of data and identification of differences

7) Recalculation of data fields

8) Improving efficiency by automation of manual procedures

9) Reduction of risk as it facilitates testing of entire population than only samples

10) GAS helps in documentation of various audit procedures

To explain: Examples of task performed by GAS

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 3

Question

Chapter 8, Problem 62RSCQ

To determine

Introduction: GAS is a type of Common computer-assisted audit tool.

This tool is used for mining and analyzing data to detect errors and omissions and collecting proof for audit.

GAS comprises a series of program to read files, select information, calculate, and print reports in a specified format.

It simplifies the task of collecting data and records for the auditors.

Examples of GAS

1) ACL-Audit Command Language

2) IDEA −Interactive Data Extraction and Knowledge

Tasks performed by GAS

1) Selection of data

2) Reporting of data on files

3) Format of testing results in reports

4) Print confirmations

5) Screening and filtering of data

6) Comparison of data and identification of differences

7) Recalculation of data fields

8) Improving efficiency by automation of manual procedures

9) Reduction of risk as it facilitates testing of entire population than only samples

10) GAS helps in documentation of various audit procedures

To explain: Examples of task performed by GAS

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 4

Question

Chapter 8, Problem 62RSCQ

To determine

Introduction: GAS is a type of Common computer-assisted audit tool.

This tool is used for mining and analyzing data to detect errors and omissions and collecting proof for audit.

GAS comprises a series of program to read files, select information, calculate, and print reports in a specified format.

It simplifies the task of collecting data and records for the auditors.

Examples of GAS

1) ACL-Audit Command Language

2) IDEA −Interactive Data Extraction and Knowledge

Tasks performed by GAS

1) Selection of data

2) Reporting of data on files

3) Format of testing results in reports

4) Print confirmations

5) Screening and filtering of data

6) Comparison of data and identification of differences

7) Recalculation of data fields

8) Improving efficiency by automation of manual procedures

9) Reduction of risk as it facilitates testing of entire population than only samples

10) GAS helps in documentation of various audit procedures

To explain: Examples of task performed by GAS

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 5

Chapter 8, Problem 62RSCQ

To determine

Introduction: GAS is a type of Common computer-assisted audit tool.

This tool is used for mining and analyzing data to detect errors and omissions and collecting proof for audit.

GAS comprises a series of program to read files, select information, calculate, and print reports in a specified format.

It simplifies the task of collecting data and records for the auditors.

Examples of GAS

1) ACL-Audit Command Language

2) IDEA −Interactive Data Extraction and Knowledge

Tasks performed by GAS

1) Selection of data

2) Reporting of data on files

3) Format of testing results in reports

4) Print confirmations

5) Screening and filtering of data

6) Comparison of data and identification of differences

7) Recalculation of data fields

8) Improving efficiency by automation of manual procedures

9) Reduction of risk as it facilitates testing of entire population than only samples

10) GAS helps in documentation of various audit procedures

To explain: Examples of task performed by GAS

Answer 6

Chapter 8, Problem 62RSCQ

To determine

Introduction: GAS is a type of Common computer-assisted audit tool.

This tool is used for mining and analyzing data to detect errors and omissions and collecting proof for audit.

GAS comprises a series of program to read files, select information, calculate, and print reports in a specified format.

It simplifies the task of collecting data and records for the auditors.

Examples of GAS

1) ACL-Audit Command Language

2) IDEA −Interactive Data Extraction and Knowledge

Tasks performed by GAS

1) Selection of data

2) Reporting of data on files

3) Format of testing results in reports

4) Print confirmations

5) Screening and filtering of data

6) Comparison of data and identification of differences

7) Recalculation of data fields

8) Improving efficiency by automation of manual procedures

9) Reduction of risk as it facilitates testing of entire population than only samples

10) GAS helps in documentation of various audit procedures

To explain: Examples of task performed by GAS

Answer 7

Chapter 8, Problem 62RSCQ

To determine

Introduction: GAS is a type of Common computer-assisted audit tool.

This tool is used for mining and analyzing data to detect errors and omissions and collecting proof for audit.

GAS comprises a series of program to read files, select information, calculate, and print reports in a specified format.

It simplifies the task of collecting data and records for the auditors.

Examples of GAS

1) ACL-Audit Command Language

2) IDEA −Interactive Data Extraction and Knowledge

Tasks performed by GAS

1) Selection of data

2) Reporting of data on files

3) Format of testing results in reports

4) Print confirmations

5) Screening and filtering of data

6) Comparison of data and identification of differences

7) Recalculation of data fields

8) Improving efficiency by automation of manual procedures

9) Reduction of risk as it facilitates testing of entire population than only samples

10) GAS helps in documentation of various audit procedures

To explain: Examples of task performed by GAS

Answer 8

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Answer 11

Ch. 8 - Prob. 1TFQ Ch. 8 - Prob. 2TFQ Ch. 8 - Prob. 3TFQ Ch. 8 - Prob. 4TFQ Ch. 8 - Prob. 5TFQ Ch. 8 - Prob. 6TFQ Ch. 8 - Prob. 7TFQ Ch. 8 - Prob. 8TFQ Ch. 8 - Prob. 9TFQ Ch. 8 - Prob. 10TFQ

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