Open AccessGeneral Supply Warehouse: A Case Study in Internal Control Assessment and IT Auditing Software
Author(s) -
James Hall,
Kallie Ziltz James Hall
Publication year - 2019
Publication title -
international journal of computer auditing
Language(s) - English
Resource type - Journals
eISSN - 2562-9999
pISSN - 2562-9980
DOI - 10.53106/256299802019120101003
Subject(s) - audit , accounting , control (management) , revenue , process management , plan (archaeology) , business , internal revenue , data warehouse , internal audit , operations management , computer science , engineering , marketing , database , service (business) , archaeology , artificial intelligence , history
Technology is changing the auditing paradigm. As such, future accounting graduates are expected to have substantial technological skills. The proposed case provides students with an authentic scenario in which to apply such skills. Revenue and expenditure processing procedures are described for General Supply Warehouse, and several pertinent data files are also included. Students are required to conduct a thorough analysis of internal controls, identify associated weaknesses and utilize either ACL or IDEA to perform substantive testing.Data provided with the case have been engineered to produce measurable results from the pre-specified audit tests. The instructor’s section of the case contains comprehensive solutions and a suggested implementation plan.