What do auditors focus on?
The auditor's objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes the auditor's opinion..
What does an audit focus on?
Summary.
An audit is an examination of the financial statements of a company, such as the income statement, cash flow statement, and balance sheet.
Audits provide investors and regulators with confidence in the accuracy of a corporation's financial reporting..
What does auditing around the computer talks about?
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..
What is audit around with the computer?
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..
What is auditing around a computer?
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..
What is auditing around the computer in auditing?
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..
What is the audit of computer based system?
The computer-based audit should comprise not only the evaluation of the computer equipment, of a specific system or procedure, but also one must evaluate the information systems in general, beginning with the entries, procedures, controls, files security until obtaining the information..
What is the auditing around the computer approach?
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..
What is the concept of auditing around the computer?
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..
What is the role of computer in auditing?
Computer-assisted audit approach is a very useful audit method for substantive testing or company files/data/records.
Computer-assisted audit techniques involve computers or audit software to help test and evaluate company files/data relatively easily compared to testing of programs and data processing procedures..
- Computer-assisted audit approach is a very useful audit method for substantive testing or company files/data/records.
Computer-assisted audit techniques involve computers or audit software to help test and evaluate company files/data relatively easily compared to testing of programs and data processing procedures. - 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. - Summary.
An audit is an examination of the financial statements of a company, such as the income statement, cash flow statement, and balance sheet.
Audits provide investors and regulators with confidence in the accuracy of a corporation's financial reporting. - The computer-based audit should comprise not only the evaluation of the computer equipment, of a specific system or procedure, but also one must evaluate the information systems in general, beginning with the entries, procedures, controls, files security until obtaining the information.
