If an auditee has organized its information systems in a decentralized structure, what impact will this have

Question:

If an auditee has organized its information systems in a decentralized structure, what impact will this have on performing the audit?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For answer-question

Auditing An International Approach

ISBN: 978-1259087462

7th edition

Authors: Wally J. Smieliauskas, Kathryn Bewley

See More Books

Question Posted: Jun 22, 2019 09:03 AM

See More Questions

Aries Information Systems, Inc., develops and markets computer software specifically designed to meet the financial accounting and reporting requirements of such public bodies as school districts and...
Deake Corporation is a medium- sized, diversified manufacturing company. Fred Richards has been promoted recently to manager, property accounting section. Richards has had difficulty responding to...
Part 1 of the Final Project, due at the end of this unit, requires you to describe and draw a flowchart of the sales or purchasing process at your organization (or one of your choice). This...
1. Was 1MDB a fraudulent venture from the beginning? Why or why not? 2. How did the US Government become involved in the 1MDB saga? 3. What does the involvement of so many financial institutions in...
Assuming that the human genome, with its 3.1 billion base pairs, is entirely in a B-helix, how long is the DNA in a human cell?
Determine the values of the indicated functions in the given manner. Find sin 120 by using the functions of 60.
Briefly explain how the following programs would affect the elasticity of demand for labor in the steel industry: a. An increased tariff on steel imports. b. A law making it illegal to lay off...
The cash account for Interactive Systems at February 28, 2010, indicated a balance of $7,635. The bank statement indicated a balance of $13,333 on February 28, 2010. Comparing the bank statement and...
(20 pts) Design a combinational circuit that counts ones at its inputs. The circuit has three 1-bit binary inputs (x, y, z) and two 1-bit binary outputs (f2, f1). "f2f1" is "00" if none of the inputs...
Observe someone performing an everyday task( ideally, you should choose a task for which you can observe different users performing the task repeatedly) identify frustrations and difficulties...
List several aspects of the auditees information systems and IT that indicate the need for an IT specialist on the audit team.
What factors in the auditees systems indicate audit work may need to be performed at an interim date?
Lake McDonald Gift Shop has decided to price the National Parks Memory Card Game that it sells at cost plus 65%. The National Parks Memory Card Game costs $20 each, and another one, the Guess This...
Martha and Marty Mertens are married and file a joint return. Marty started his own business at the beginning of the current tax year and reported net income of $\$ 14,000$ for the year. Martha...
Shipyard Corp. acquired Boatworks Corp. in a Type A reorganization on July 1, 2018. On the date of acquisition, Boatworks had a deficit in its earnings and profits of $\$ 30,000$. Although Shipyard...
What would be your answer to Problem 31 if Billy Bob's share of net income from Partnership A was $\$ 9,000$ and his loss from Partnership B was $\$ 25,000$ ? Problem 31 Billy Bob is at risk for...
Teri Frazier owned three businesses and rental properties in 2018. During the year, her hair salon business experienced a $\$ 32,000$ net loss. She participated 200 hours in the hair salon...
Arnold and Barbara Cane were divorced in June 2018. Pursuant to the divorce decree, Arnold is obliged to perform as follows: a. Transfer title of their personal home to Barbara. They purchased the...
The factory manager in Exercise 5.43 estimates that each breakdown costs the company $500 in repairs and loss of production. If W is the number of breakdowns in a day, then $500W is the cost of...
(a) Bright Sdn Bhd (BSB) is a tax resident manufacturing company in Johor, which involves in ceramic tiles. Currently, BSBs annual sales turnover has been forecasted to be around RM 300,000 for the...
What information would you expect to find in a permanent audit file and how would auditors use this information?
What audit administration working papers are included in the current audit evidence working paper files?
What techniques can auditors use to improve the quality of working paper documentation?
Write a C program named "lab3_2.c" that implements a function named max_value() to search through an array and display the largest value. Your "lab3_2.c" program must include the following main()...
(1) Why would a company want to have a CIO, CPO and CSO? Support your answer by providing specific examples to address each of these three roles. Feel free to research individuals in these roles and...
What is the present value on January 1, 2019, of $50,000 due on January 1, 2023, and discounted at 16% compounded quarterly?

If an auditee has organized its information systems in a decentralized structure, what impact will this have

Question:

Step by Step Answer:

A highly decentralized organizational structure the computer hardware and softwa...View the full answer

Auditing An International Approach

Students also viewed these Business questions