What is needed for an auditor to understand clients’ business processes and accounting systems? What type of computer information system is used at your employer’s organization? What controls are present in the system at your organization? Are the general controls that should exist in computer information systems present in the system used by your organization? What are the application controls that exist in the system?
What are the six elements of a computerized information system? How do information technology general controls help ensure proper operation?
What is generalized audit software? What are the tasks for which an auditor would use it? What are the advantages and disadvantages of using generalized audit software? Will this software be more appropriate for auditing your organization’s computer information system, or would it be necessary to develop customized audit software? Explain. What type of software works best for your work environment?