. a. Why are documentation, visualization, and business process mapping important to accounting information systems auditors? b. Why should accountants be interested in AIS documentation? 2. How are data analytics tools helping accountants and auditors? 3. a. Explain why auditors’ communication skills are so important. b. Give examples of where these skills would be necessary in each phase of an audit engagement. c. In this age of high technology and computer-based information systems, why are accountants/auditors concerned about physical (human) controls?

. a. Why are documentation, visualization, and business process mapping important to accounting information systems auditors? b. Why should accountants be interested in AIS documentation? 2. How are data analytics tools helping accountants and auditors? 3. a. Explain why auditors’ communication skills are so important. b. Give examples of where these skills would be necessary in each phase of an audit engagement. c. In this age of high technology and computer-based information systems, why are accountants/auditors concerned about physical (human) controls?

Auditing: A Risk Based-Approach to Conducting a Quality Audit

10th Edition

ISBN:9781305080577

Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Chapter1: Auditing: Integral To The Economy

Section: Chapter Questions

Problem 20MCQ

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Similar questions

What strategies can businesses employ to facilitate effective training and smooth adoption of computerized accounting systems by their staff? How can organizations balance the need for user-friendly interfaces with the necessity for accurate data input and compliance with accounting standards?
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Identify two specific IT-related risks in computerized accounting information systems. Propose a strategy that might be implemented to mitigate or eliminate each selected risk. Be sure to effectively support your rationale.
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Accounting educators are discussing ways to incorporate communication skills, both oral and written,into accounting information systems courses. Why do you think these skills are supposed to be crucial forproper execution of the System Development Life Cycle?
How can an auditor use the following topic in his future work? Apply key data wrangling best practices to real-world structured and unstructured data Employ data wrangling principles using current industry tools and statistical programming languages, to develop and implement data transformation functions and models Apply data operations processes to develop automated, repeatable solutions that address business goals Communicate the opportunities for data transformation needs and solutions to address dynamic organizational data challenges
If accountants are viewed as providers of information, then why are they consulted as system users in the systems development process?
How can internal auditors effectively integrate data analytics to enhance audit processes and address evolving organizational needs?
Both external auditors and accountants engaged in implementing or updating systems need a basic understanding of accounting information systems. Compare the needs of the two groups, identifying the areas where both need the same kind of understanding and the areas where one group has essentially different needs.
How can organizations ensure the seamless integration of computerized accounting systems with other business processes, and what measures should be implemented to enhance the security and confidentiality of financial data within these systems?
1. What do you think is automation? 2. Why is automation needed? 3. What do you think are the advantages of automation? 4. Do you think there are any risks regarding automation? Motivate your answer. 5. What do you think are the characteristics of that can be automated? Name three. 6. What do you think will the role of the processes accountant/auditor/tax specialist/financial manager be in the feature?
Why are accountants regarded as system users in the systems development process if they are seen as information providers?