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Chapter 22 Auditing in A CIS Environment - pptx990626434
Chapter 22 Auditing in A CIS Environment - pptx990626434
AUDITING
IN A COMPUTER
INFORMATION
SYSTEMS(CIS)
ENVIRONMENT
EFFECTS OF COMPUTERS
ON THE AUDIT PROCESS
The procedures followed by the auditor in
obtaining a sufficient understanding of the
accounting and internal control systems.
The consideration of inherent risk and control risk
through which the auditor arrives at the risk
assessment.
The auditors design and performance of test of
control and substantive procedures appropriate to
meet the audit objective.
Obtain a sufficient understanding of the
accounting and internal control system affected by
the CIS environment.
Determine the effect of the CIS environment on the
assessment of overall risk and of risk at the
account balance and class of transactions level.
Design and perform appropriate test of control and
substantive procedures.
PLANNING
In accordance with PSA 315(Redrafted)”Identifying and
Assessing the Risks of Material Misstatement Through
Understanding the Entity and its Environment,” the
auditor should obtain an understanding of the
accounting and internal control systems sufficient to
plan the audit and develop an effective audit approach.
The nature of the risks and the internal control
characteristics in CIS environment include the
following :
Lack of transaction trails.
Snapshots