Chap 8 Essay Example | Topics and Well Written Essays - 250 words

Chap 8 - Essay ExampleIn practice, the audit process has five steps planning, studying and evaluating controls, testing and evaluating controls, reporting, come about up and reports (Hingarh and Ahmed, 39).Understanding the backcloth of an audit is fundamental in ensuring that one conducts a successful audit. The scope of an audit is supposed to guide the editor and give him understanding of exactly what is expected of him during the audit (Hingarh and Ahmed, 56). In the case given, the scope of the audit required that the IT manager identifies the causes of bounced checks, unrecorded transactions especially between 1 p.m. and 2 p.m. In addition to this, the manager was expected to identify the cause of wrong order of performance of business transactions. Apart from the scope of an audit, IT managers conducting systems audit and supposed to understand the best control environment that depart give the best results of an audit. The control environment helps managers to know exactly the best control features to add to a system for better performance (Hingarh and Ahmed, 68).In conclusion, information system audit is an important exercise in any organizations systems and needs to be done regularly to avoid errors and miscalculations in a system. According to research, system audit saves many companies from losses and ensures steady execution of business activities and transactions (Hingarh and Ahmed,