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Flashcards in Information Technology Deck (26):
1

Controls are redundant to another department

The system does not appear to be reliable and testing controls would not be an efficient use of time

Costs exceed benefit

Auditing and IT
Audit of IT is not required

2

System isn't complex or complicated

System output is detailed

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Audit of IT can be performed without directly interacting with the system

3

Maintains database

Restricts access

Responsible for IT internal control

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Database Admin

4

Recommends changes or upgrades

Liaison between IT and users

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Systems Analyst

5

Responsible for disc storage

Holds system documentation

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Librarian

6

Uses computer speed to quickly sort data and files- which leads to a more efficient audit

Compatible with different client IT systems

Extracts evidence from client databases

Tests data without auditor needing to spend time learning the IT system in detail

Client-tailored or commercially produced

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GAS- Generalized Audit Software

7

Group of related spreadsheets

Retrieves information through Queries

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Relational Database

8

A language that defines a database and gives information on database structure.

It maintains tables- which can be joined together.

It establishes database constraints.

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Data Definition language

9

Maintains and queries a database

Auditor needs information- so client uses DML to get the information needed

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Data Manipulation Language

10

A Data Control Language controls a database and restricts access to the database.

Auditing and IT-Data Control Language

11

A numerical character consistently added to a set of numbers.

It makes it more difficult for a fraudulent account to be set up or go undetected.

Auditing and IT
Check Digits

12

A Code Review tests a program's processing logic.

Advantageous because auditor gains a greater understanding of the program.

Auditing and IT
Code Review

13

Examines data and looks for reasonableness using upper and lower limits to determine if data fits the correct range.

Did anyone score higher than 100%?

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Limit Test

14

Auditor processes data with client's computer - fake transactions are used to test program control procedures.

Each control needs to only be tested once

Problem with this method - fake data could combine with real data.

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Test Data Method

15

Auditor can review logs to see which applications were run and by whom.

Auditing and IT-Operating Systems Logs

16

Helpful in online environments

Restricts computer access - may use encryption.

Auditing and IT
Access Security Software

17

Library Management Software logs any changes to system/applications etc.

Auditing and IT-Library Management Software

18

Assist with audit calculations

Enable continuous monitoring in an audit environment that is changing

Weakness: requires implementation into the system design

Example: SCARF - Collects information based on some criteria and can be analyzed at a later time (necessary because the audit environment is continually changing)

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Embedded Audit Modules

19

An Audit Hook is an application instruction that gives auditor control over the application.

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Grab Transactions

20

Transaction Tagging allows logging of company transactions and activities.

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Tag and Trace

21

Extended Records add audit data to financial records.

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Helps create Audit Trails

22

Destroys prior data when updated

aka Destructive Updating

Requires well-documented Audit Trail

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23

If the auditor only audits the outputs of a computer system and doesn't also audit the software applications- an error in the applications could be missed.

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Systems VS Application output

24

Software that translates source program (similar to English) into a language that the computer can understand

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Compiler

25

Client data is processed using Generalized Audit Software (GAS)

Sample size can be expanded without significantly increasing the audit cost

GAS output compared to client output

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Parralel Simulation
Controlled Reprocessing is a form that recreates clients system

26

Plan the rest of audit- Shorter audit trails that may expire- Less documentation

Assess the level of Control Risk - Unauthorized access to systems or data is more difficult to catch

Systems access controls adds another layer to separation of duties analysis

Focus should be on the general controls- new systems development- current systems changes- and program or data access control or computer ops control changes

Auditing and IT