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7 Cards in this Set
- Front
- Back
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Components of Coso model of internal control CRIME |
Control environment Risk assessment Control activities Information and communication Monitoring |
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Control Environment |
Integrity and Ethical ValuesCommitment to CompetenceBoard of Directors and Audit CommitteeManagement’s Philosophy and Operating StyleOrganizational StructureAssignment of Authority and ResponsibilityHuman Resource Policies and Procedures |
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Risk assessment |
Company-wide ObjectivesProcess-level ObjectivesRisk Identification and AnalysisManaging Change |
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Control Activities |
Policies and ProceduresSecurity (Application and Network)Application Change ManagementBusiness Continuity/BackupsOutsourcing |
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Information and Communication |
Quality of InformationEffectiveness of Communication |
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Monitoring |
Ongoing MonitoringSeparate EvaluationsReporting Deficiencies |
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generalized audit software packages |
Is a major aid in retrieving information from computerized files. The primary use of generalized computer programs is to select and summarize a client’s records for additional testing. Generalized audit software packages permit the auditor to audit through the computer, to extract, compare, analyze, and summarize data and generate output as part of the audit program. They allow the auditor to exploit the computer to examine many more records than otherwise possible with far greater speed and accuracy. |
