• Auditing
    Using Computer-Assisted Audit Techniques to Support Audit I. Executive Summary Nowadays, the use of computers dominates in most of the business world; auditors too have recognized that the power and speed of computers can greatly assist them in their work. The term “computer-assisted audit techniques”...
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  • Tes Tes Tes
    IT Audit & Assurance Chapter 8: CAATTs for Data Extraction and Analysis Data Structures Organization Access method Access INDEX File DATA File Organization SEQUENTIAL -orISAM -orRANDOM SEQUENTIAL -orISAM -orRANDOM File Processing Operations 1. 2. 3. 4. 5. 6. 7. Retrieve a...
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  • Acc/490 Auditing Exam
    Name: Multiple Choice – Highlight the best answer Point Value: .25 each 1. Which one of the following is among the three components of audit risk? a. incurrence risk b. occurrence risk c. rejection risk d. control risk 2. The Hochfelder Case is important because it limited auditor...
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  • edp audit
    sufficient understanding of the client’s internal controls (I/C) to plan the audit and assess control risk. We hope that our assessment of control risk shows it to be low so that we can reduce substantive testing, thereby reducing audit costs. When EDP is used in significant accounting applications, then...
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  • Computerized Auditing
    the introduction of computers, conventional accounting systems and methods using papers, pens and abacuses have undergone drastic changes, therefore exerting a great impact on internal control and audit trails in following audit procedures. Also, the introduction of computer has brought an immense increase...
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  • Computer Audit Tools
    Chapter 7: Computer-Aided Audit Tools and Techniques Introduction to Input Controls  Designed to ensure that the transactions that bring data into the system are valid, accurate, and complete  Data input procedures can be either:  Source document-triggered (batch)  Direct input (real-time) ...
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  • Implementation of Caat's
    CAATT’s A vast majority of professionals utilize Computer Assisted Auditing Tools and Techniques (CAATTs) to increase efficiency and effectiveness of audit procedures as well as assisting management decisions and reporting. Internal and external auditors who work in public companies or in private industry...
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  • Auditing in a Cis
    the processing by the entity of financial information of significance to the audit, whether that computer is operated by the entity or by a third party. b. The auditor should consider how a CIS environment affects the audit. c. The use of a computer changes the processing, storage and communication of...
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  • AIS accounting info system
    known as auditing through the computer. ANS: T 13. The presence of a SPLMS effectively guarantees program integrity. ANS: F 14. When using the test data method, the presence of multiple error messages indicates a flaw in the preparation of test transactions. ANS: F 15. The Base Case...
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  • The Role of External Auditing in Public Sector Governance. a Case of Zimbabwe
    2.3 Audit Process…………………………………………………………………………………………………………………16 2.4 Audit Opinion and CAATS………………………………………………………………………………………………22 2.5 Impact of a computerized system on the Audit Process……………………………………………….26 2.6 Knowledge and Experience………………………………………………………………………………………….28 2.61 Audit Documentation…………………………………………………………………………………………………...
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  • Chapter 15 Auditing Solutions
    random sample. 2. easy When the auditor decides to select less than 100 percent of the population for testing, the auditor is said to use: a a. audit sampling. b. representative sampling. c. poor judgment. d. none of the above. 3. In practice, auditors _________ know if a sample is truly...
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  • Literature Review of XBRL
    financial reporting. Data in XBRL format does not need to be converted from one application to another because data are independent of applications by using standard tags for data items (Farewell, 2006). The financial information is presented to the public on the Internet usually in a static format such...
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  • Marketing
    each a. Which of the following must be considered when developing engagement work schedules? 1) 2) 3) 4) The activities to be performed and the audit procedures risk An estimate of the time required and the related work performed by others The activities to be performed and the inherent risk The related...
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  • Evolution of Data Models
    Hierarchical Database Model is a data model in which the data is organized into a tree-like structure. The structure allows representing information using parent/child relationships: each parent can have many children, but each child has only parent. All attributes of a specific record are listed under...
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  • Reversible Watermarking on Image Using Binary Permutations
    A PROJECT REPORT ON “ REVERSIBLE WATERMARKING ON IMAGE USING BINARY PERMUTATIONS ” Submitted In Partial Fulfillment Of The Requirement For The Award Of The Degree Of BACHELOR OF TECHNOLOGY IN ELECTRONICS AND COMMUNICATION ENGINEERING BY P.RAGHAVA RAM P.JAGADEESH BABU M.K.CHAITANYA Under The Guidance...
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  • Paperless Auditing
    to a paperless office, several issues present themselves for the firm. These issues include the level and how to implement a paperless system, what audit issues need to be addressed in the conversion and use, and what are the pros and cons of this system. So with all this talk about going paperless...
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  • System Integrity and Validation
    Abstract In addition to the audit plan for the analyzed processes, of Kudler Fine Foods, encouragement of ways to improve audit documentation and process, by using computer technology was addressed to Kudler’s management team. As a result, Kudler Fine Foods management team is considering incorporating...
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  • business
    terms. [4 marks] –4– (b) M07/3/BUSMT/HP2/ENG/TZ0/XX/M+ Examine the advantages and disadvantages of Petroquímica Argentina SA raising finance by floating shares on the Stock Exchange. The possible advantages to Petroquímica Argentina SA of floating shares in the Stock Exchange may include: ...
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  • Auditing
    THE AUDIT OPINION (ASA 700, 705, 706) Forming an opinion * Financial report prepared in all material aspects in accordance with applicable financial reporting framework * Conclude obtained reasonable assurance about financial report as a whole * Free from misstatements either due to error...
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  • Networking
    prevention of intrusions. In this paper, we are mostly focused on data mining techniques that are being used for such purposes. We debate on the advantages and disadvantages of these techniques. Finally we present a new idea on how data mining can aid IDSs. General Terms Security, Data mining Keywords ...
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