Question
a)Define the term auditing (1 Marks) b)Discuss the difference between Auditing around the computer approach and auditing through the computer approach(2 Marks) c)Three different types
a)Define the term auditing (1 Marks)
b)Discuss the difference between Auditing around the computer approach and auditing through the computer approach(2 Marks)
c)Three different types of audit are commonly performed. Financial audit; Information systems audit and operational or management audit. Compare and contrast these three different types of audit.(3 Marks)
d)Why is computer expertise essential to audit work (1 Marks)?
e)CAAT refers to computer Assisted Audit Technique as an IS Auditor explain the benefit of using CAAT and list the pre requisites for using audit software (2 Marks)
f)Various types of software can be used to assist IS auditors in evidence collection. Briefly discuss the motivation for developing such software specifically for audit process.(2 Marks)
g)Explain four ways in which COBIT support the Governance of IT (2 Marks)
h)Auditing information systems and safeguarding data quality is an important business process organization: -Differentiate between data quality audit and data cleaning (2 Marks)
i)The purpose of an information system audit is to review and evaluate the internal controls that protect the systems; thus when performing an information system audit, auditors should ascertain the six objectives are met. Using a well- labelled IS components and Audit objectives diagram; discuss the relationship among these six objectives and the information systems components. (4 Marks)
j)IA auditors ensure that managers are aware of the recommendations that is audit consider particularly important and those that are merely desirable. One way of doing this is to priorities the IS audit recommendations. Briefly describe the three prioritizations of the IS audit recommendations (3 Marks)
k)Auditing information systems and safe guarding data quality is an important business process in modern organizations. Describe with relevant examples, how is auditing enhance system security control process(2 Marks)
l)Briefly explain the four major audit tasks that can be accomplished using software (2 Marks)
m)A risk- based audit approach is a four -step approach to internal control evaluation that provides a logical framework for carrying out an audit. Briefly discuss the steps (4 Marks)
n)Company XYZ has hired you to perform an IS Audit. Clearly describe the three types of audit you would likely perform (3 Marks)
o)Briefly describe at least three major functional capabilities of audit software (1 Marks)
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