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Flashcards in The Effect of Information Technology on the Audit Deck (7)
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1

What are the segregation of duties in IT?

Control Team, Operators, Programmers, Analysts, Librarian

2

What increass the likelihood of unauthorized access?

The opportunity for remote access to data in networked environments

3

What is the technique called when the auditor electronically marks specific transactions and follow them through the client's system?

Transaction tagging

4

Are client's informed when the auditor uses the Integrated Test Facility?

No

5

When using Integrated Test Facility, does the auditor use live data?

Yes

6

What is the technique called where the auditor re-processes some or all of the client's data and then compares the results with the client's files?

Parallel simulation

7

What is the primary disadvantage of auditing with a computer?

Audit documentation may not contain readily observable details of calculations