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Controls testing. (use of audit software in internal auditing)(Computers & Auditing)
From:
Internal Auditor
| Date:
April 1, 1996| Author:
| COPYRIGHT 1996 Institute of Internal Auditors, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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Audit software which are conventionally used for calculation purposes can also be effectively employed in performing more complicated audit tasks. For instance, they can be used to examine internal controls by identifying exceptions, particularly in industries that process great quantities of data daily. Audit software can also be utilized in pinpointing high-risk areas by testing parallel relationships over a certain period of time. This application can result in the identification of breakdown in controls. When audit software do identify breakdown in controls, they can be further used in ...
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