Tests of controlor systems based auditing

Tests to obtain audit evidence about effective operation of the accounting and internal control systems. It isn't concerned about detailed underlying transactions though interested in the controls which are in place which manage the information.Itis testing that the control is:

• Properly designed.
• Exists.
• Has operated throughout the period.

 

Posted Date: 9/3/2013 2:50:05 AM | Location : United States

Ask an Expert

Related Discussions:- Explain the tests of controlor systems based auditing, Assignment Help, Ask Question on Explain the tests of controlor systems based auditing, Get Answer, Expert's Help, Explain the tests of controlor systems based auditing Discussions

Write discussion on Explain the tests of controlor systems based auditing
Your posts are moderated

Write your message here..

Related Questions

Assignment, what are the features of branch accounting what are the features of branch accounting

Functional classification of mutual funds, Functional Classification of Mut... Functional Classification of Mutual Funds Functional classification of Mutual Funds is based on the basic characteristics of the mutual fund schemes for subscription. Mutual Fu

Caselet 2, SUGGESTION REGARDING CREDIT LIMIT. SHOULD IT BE APPROVED OR NOT,... SUGGESTION REGARDING CREDIT LIMIT. SHOULD IT BE APPROVED OR NOT, WHAT SHOULD BE THE AMOUNT OF CREDIT LIMIT THAT ELECTRONICS GIVE TO BOOTH PLASTICS

Explain a variety of factors determining dividend policy, Q. Explain a vari... Q. Explain a variety of factors determining Dividend Policy? Dividend: - Dividend demotes to that part of net profits of a company which is distributed between shareholders as

Operating cycle, discuss the applicability operating cycle considering broi... discuss the applicability operating cycle considering broilers in uganda?

How could we project exchange rates, How could we project exchange rates in... How could we project exchange rates in order to be able to forecast exchange differences? If someone knew how to predict exchange rates, they would be a millionaire and would n

CVP analysis, What is the meaning of Breakeven point? What is the meaning of Breakeven point?

Define the process of wealth maximisation, Define the process of Wealth Max... Define the process of Wealth Maximisation Shareholders' wealth can be defined as total market value of all the equity shares of company. So when we talk about maximising wealth

Calculate the standard deviation , The attached file (MFR & FFM Ass Returns... The attached file (MFR & FFM Ass Returns Data.xls) gives 132 months returns for thirty securities drawn from the FT ALL share index as well as the returns on the FT ALL share index

What is a hedge fund, Q.What is a Hedge Fund? A Hedge Fund is a fund es... Q.What is a Hedge Fund? A Hedge Fund is a fund established by one or else several partners with net worth of at least $1 million (although this maybe falling). It uses long as