What challenges arise for management and the auditor when an auditee uses complex IT and/or is involved in e-commerce?
Answer to relevant QuestionsIn which situations are manual controls preferable, and in which are IT controls preferable? Why might manual control procedures differ from IT control procedures, even if both are directed at the same control objective? What are the auditors’s reporting responsibilities for internal control deficiencies? At a meeting of the corporate audit committee attended by the general manager of the products division and you, representing the internal audit department, the following dialogue took place:• Jiang (committee chair): Mr. ...The SB Construction Company has two divisions. The president, Su, manages the roofing division. Su has delegated authority and responsibility for management of the modular manufacturing division to Jon Gee. The company has a ...
Post your question