1.1 INTRODUCTION
Computer is an electric device, which accept and process
data by following a set of instruction (programmers) to produce an accurate and efficient result (information). It is very systematic and computer and operates within a system theory. It has input, control processing units, output and the backing storage.
A computer may be analog; digit and hybrid computers. It can also be mainframe, mini and micro computer.
Computer has passed many generation. We are now in the fifth generation of computer known as the micro age. Computer of this generation uses artificial intelligent. It is important that the auditor, auditing in computer environment, like companies to be aware of the nature of computer accounting system uses in such companies. A computerized accounting system is a system which the electronic data processing (EDP) is used in recording, processing, retrieving and up dating the accounting records. The use of EDP in accounting system keeps a very wide rang accounting information, such a pay role, purchases and creditor ledger, sales and debtors ledger, cash book inventories, fixed assets as well as financial analysis of profit projection or forecasting cash flow and statement budgeting, capital investment and many others.
The use of computer in the accounting system ensure more efficient and reliability in processing of information since computer hardly make mistake. Unless mistake resulting from faulty data input.
In auditing organization with computerized system, the auditor responsibilities and duties do not change rather it is the means and form of processing financial that changes.
The auditor still owns the duty of skill and care in carrying out his assignment or engagement. It becomes indispensable that the auditor should acquaint himself with the particular management information system, especially the computer installation concerned.
It is also advisable that the auditor should acquire the organization chart and data flow chart of the computer installation at an early stage of the audit. This will help him to have the overall picture of the system in operated. He should concentrate on the system of internal control and internal check, and also, ensure adequate and efficient operation of the internal control system. The use of computer does not in any way change the duty of an auditor. What has change is the form and method of keeping accounting records in the company.
He is still expected to express an opinion as to the true and fair view of the states of affairs of the company irrespective o change in form of keeping financial records. It is important therefore, that the auditor should improve his methods, techniques and procedure in order to achieve his audit objective.
TABLES OF CONTENT
TITLE PAGE
APPROVAL PAGE
DEDICATION
ACKNOWLEGEMENT
TABLE OF CONTENTS
CHAPTER ONE:
1.1 INTRODUCTION
1.2 STATEMENT OF PROBLEM
1.3 STATEMENT OF HYPOTHESIS
1.4 SIGNIFICANCE OF THE PROBLEM
1.5 LIMITATION OF THE STUDY
CHAPTER TWO
2.0 REVIEW OF LITERATURE
2.1 HISTORICAL REVIEW
2.2 NEEDS FOR COMPUTER IN AUDIT TODAY
2.3 ROLE OF AUDITOR IN EDP SYSTEM
2.4 EXAMINATION/ASCERTAINMENT OF INTERNAL CONTROL IN EDP
2.5 INTERNAL CONTROL INCOMPUTERIZED ACCOUNTING SYSTEM
CHAPTER THREE
3.1 RESEARCH METHODOLOGY
3.2 POPULATION AND SAMPLE SIZE
3.3 DATA COLLECTION
3.4 CONCLUSION
3.5 RECOMMENDATION
BIBLIOGRAPHY
Disclaimer: Note this academic material is intended as a guide for your academic research work. Do not copy word for word. Note: For Computer or Programming related works, some works might not contain source codes
CITE THIS WORK
(2014, 10). The Role Of Auditors In Computerized Accounting Systems.. ProjectStoc.com. Retrieved 10, 2014, from https://projectstoc.com/read/3827/the-role-of-auditors-in-computerized-accounting-systems-5896
"The Role Of Auditors In Computerized Accounting Systems." ProjectStoc.com. 10 2014. 2014. 10 2014 <https://projectstoc.com/read/3827/the-role-of-auditors-in-computerized-accounting-systems-5896>.
"The Role Of Auditors In Computerized Accounting Systems.." ProjectStoc.com. ProjectStoc.com, 10 2014. Web. 10 2014. <https://projectstoc.com/read/3827/the-role-of-auditors-in-computerized-accounting-systems-5896>.
"The Role Of Auditors In Computerized Accounting Systems.." ProjectStoc.com. 10, 2014. Accessed 10, 2014. https://projectstoc.com/read/3827/the-role-of-auditors-in-computerized-accounting-systems-5896.
- Related Works
- The Role Of Mergers And Acquisition In Financial Management In Nigeria
- The Capital Market And It’s Impact On The Nigeria Economy With Particular Emphasis On The Stock Exchange.
- Factors Influencing Nigeria Demand For Equity Stock Investment (a Case Study Of Nigeria Stock Exchange Market)
- The Impact Of Loans And Advances In Community Banks A Case Study Of Ekulu Community Bank Enugu
- The Role Of Auditing In Controlling Fraud In Government Establishment. A Case Study Of Federal Pay Office Enugu
- The Impact Of Monetary And Fiscal Policies On The Industrial And Agricultrual Development In Nigeria
- Evaluation Of Financial Abuse In The Public Sector (a Case Study Of Federal Inland Revenue Service Headquarter Abuja)
- Community Banking Problems And Prospects
- Evaluation Of Government Accounting System In Anambra State: (a Case Study Of Ministry Of Finance And Economic Planning Awka
- The Computer And Auditing Practice In Nigeria