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
- Utilization Of Accounting Professional Skills In Small Scale Firms
- The Criteria Of Borrowing And Repaying Business Loan As A Guide Towards Economic Development ( A Case Study Of First Banks Of Nigeria Plc Enugu Main Branch
- Production Cost Control In A Manufacturing Orgnaization ( A Case Study Of The Protects Development Isntitute Enugu
- Critical Issues In Managing Nigerian Public Enterprise: A Case Study Of Federal Airport Authority Of Nigerian (faan)
- The Impact Of Internal Control System On The Effective Management In Government Ministries
- The Influence Of Accountant In The Implementation Of Best Practice (accountability, Probity And Transparency) In Government Organization. A Study Of Accountants In The Office Of The Accountant General For The Federation
- Accounting Procedure In Post Primary Institutions (a Case Study Of Udenu Local Government Area
- Assessing The Effect Of Material Handling On The Profitability Of A Manufacturing Company (a Case Study Of Kaduna Refining And Petrochemical Company)
- The Impact Of Tax Evasion And Tax Aviodance In Nigeria Economy
- Problems And Challenges Experienced By Secretaries In Some Business And Public Organizations In Imo State