Your are currently engaged in planning the audit of the payroll system of Ujenzi Ltd a manufacturing
Question:
Your are currently engaged in planning the audit of the payroll system of Ujenzi Ltd a manufacturing company, for the year ending 30 June 2005, Ujenzi Ltd's payroll system is fully computerized.
Required:
(a) Explain four ways in, which the use of a computerized payroll system by Ujenzi would affect your work as the auditor.
(b) Explain three controls which should be instituted by Ujenzi Ltd to ensure that only
authorized persons are allowed access to information on personal files and to input updates for the calculation of wages.
(c) Outline how audit tests could be performed "around the computer" in relation to Ujenzi Ltd's payroll(4 marks)
d. List any two fraudulent activities likely to be perpetrated in relation to Ujenzi Ltd's payroll
Accounting Business Reporting For Decision Making
ISBN: 9780730302414
4th Edition
Authors: Jacqueline Birt, Keryn Chalmers, Albie Brooks, Suzanne Byrne, Judy Oliver