Auditing around the computer

  • How is auditing through the computer performed?

    Why? Auditing through the computer involves processing and looking into the client's software and hardware system to prove the credibility of their operations.
    On the other hand, auditing around the computer evaluates the clients' computer controls..

  • What are the advantages of audit around the computer?

    A number of benefits are associated with using computer assisted audit techniques and tools.
    For example, an entire population of data can be tested instead of a small sample.
    This process would not be feasible using traditional auditing techniques.
    Computer assisted audit techniques are typically easy to use..

  • What are the types of computer system auditing?

    Computer auditing.External auditing.Forensic auditing.Internal auditing..

  • What is auditing behind the computer?

    Answer and Explanation: The situation in which the auditor evaluates only the non-IT controls of the organization in audit procedure is termed as "auditing around the computer".
    The auditor assesses the control risk and performs the tests on internal controls as in manual systems..

  • What is auditing behind the computer?

    Auditing around the computer is when the audit team doesn't inspect IT system controls.
    Instead, they obtain source documentation from the system (i.e. system reports) and compare that information to the financial statements..

  • What is auditing with the computer?

    Auditing through the computer is the process of reviewing and evaluating the internal controls in an electronic data processing system..

  • What is the procedure of auditing around the computer?

    Auditing around the computer is when the audit team doesn't inspect IT system controls.
    Instead, they obtain source documentation from the system (i.e. system reports) and compare that information to the financial statements..

  • What is the risk of auditing around the computer?

    Auditing around the computer increase the audit risk because actual computer files and programs are not tested therefore auditor has no direct evidence that the programs are working as expected..

  • Why auditing around the computer increases audit risk?

    The client's computerized information system processes the 'test transaction'.
    Auditing around the computer increase the audit risk because actual computer files and programs are not tested therefore auditor has no direct evidence that the programs are working as expected..

  • IT audit checklist

    1IT governance and policies.
    Evaluate the existence and effectiveness of IT policies and procedures.
    2) Security controls.
    3) Data protection and privacy.
    4) Change management.
    5) Business continuity and disaster recovery.
    6) Documentation and record-keeping.
  • Audit test data is used to test the existence and effectiveness of controls built into an application program used by an audit client.
    As such, dummy transactions are processed through the client's computerised system.
  • Auditing through the computer is the process of reviewing and evaluating the internal controls in an electronic data processing system.
  • Auditing through the computer must be used when: Processing is primarily online and updating is in real time.
    A primary advantage of using generalized audit software (GAS) packages in auditing the F/S of a client that uses a computer system is that the auditor may: Access info.
Auditing around the computer is one of the methods of evaluating a client's computer controls.
It picks source documents randomly and verifies the outputs with the inputs.
This method can only exist when controls over the computer system are non-existent.,Auditing around the computer is one of the methods of evaluating a client's computer controls.
It picks source documents randomly and verifies the outputs with the inputs.
This method can only exist when controls over the computer system are non-existent.,Auditing around the computer is one of the methods of evaluating a client's computer controls.
It picks source documents randomly and verifies the outputs with the inputs.
This method can only exist when controls over the computer system are non-existent.,Auditing around the computer is when the audit team doesn't inspect IT system controls.
Instead, they obtain source documentation from the system (i.e.
system reports) and compare that information to the financial statements.,It is believed that the first use of a computerized accounting system was at General Electric in 1954.
During the time period of 1954 to the mid-1960s, the auditing profession was still auditing around the computer.,Now a days audit around the computer is considered as an auditing approach.
It is more often known as black box audit approach through and around the computer.

How do auditors evaluate a client's computer controls?

AUDITING AROUND THE COMPUTER is one of the several methods that auditors can use to evaluate a client's computer controls

It involves picking source documents at random and verifying the corresponding outputs with the inputs

The client's computerized information system processes the 'test transaction'

What is audit around the computer?

Audit around the computer means that processing done by the computer system needs not to be audited as auditor expects that sufficient appropriate audit evidence can be obtained by reconciling inputs with outputs

In simple words evidence is drawn and conclusions are reached without considering how inputs are being processed to provide outputs

Auditing around the computer
Auditing around the computer

Large computer

A mainframe computer

Informally called a mainframe or big iron

Is a computer used primarily by large organizations for critical applications like bulk data processing for tasks such as :

Censuses

Industry and consumer statistics

Enterprise resource planning

And large-scale transaction processing.A mainframe computer is large but not as large as a supercomputer and has more processing power than some other classes of computers

  1. Such as :
  2. Minicomputers
  3. Servers
  4. Workstations

And personal computers.Most large-scale computer-system architectures were established in the 1960s

But they continue to evolve.Mainframe computers are often used as servers.


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