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 Auditing in computerised information system environment

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👧 Audit of computer environment an exist when any type an size of the computer used in the processing of financial information that is important for an audit of an entity, whether the computer is carried out by the entity itself or by a third party. 

👧 Electronic Data Processing ( EDP ) is the main function of planning, recording, managing and reporting business transactions trough the used of computers and related software. 

👧Changing information of technology and its implication for auditing. 
  •  Organizational structure.
  • The way data is process.

👧The general and application control on CIS     
  •  General IT controls 
  •  General controls 

👧Hardware and software controls 
  • Hardware control - Control that are built into the computer by the  manufacturer.
  • Software control - to provide for the detection of errors in the program. 
👧Application controls 
  • Input Controls 
  • Processing Controls 
  • Output Controls 
👧Impact of information technology on the audit function
  • The invisibility of data and processing.
  • The radical change in the control structure electronic controls replacing manual controls.
  • The speed of processing.
  • IT dynamics always challenges the auditor's competence.
👧Risks related to IT environment
  • Hardware and software
  • Audit trail 
  • Human involvement 
  • Unauthorised access 
  • Loss of data 
  • Segregation of duties 
  • Authorisation 
👧Auditing in IT environment 
  • Auditing around the computer 
  • Auditing through the computer 
👧 Advantages 
  • Easier to have instant data processing compare to manual data processing. 
  • More accurate and effective time of transaction.
  • Increased performance especially in manufacturing industries and related industries due to improve the inventory automated system especially with regards to control of purchases and stocks. 
👧Disadvantages 
  • Decrease vacancies for job searchers like accountant. 
  • High cost for companies as effective electronic data processing software tends to be expensive.
  • Additional cost for support and backup system in the event of power failure.



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