Auditing and Accounting in a Computer Environment register

Course Overview
The course emphasizes the relationship between accounting and information technology. It has been designed to give accountants a head start in their chosen profession. Delegates will develop confidence and expertise in the area of accounting and audit, computer audit, internal audit, crime prevention and detection, insurance and banking. Most of today’s financial frauds emerge from a computerized environment and so the course emphasizes the relationship between accounting and IT. Delegates will build a capacity to aid in the investigation of potential frauds by developing current technical accounting procedures and practice.

Course Objectives

  • An in-depth knowledge of systems auditing and related subjects from a theoretical and practical perspective.
  • The risk exposures in an IT environment and the internal controls to minimise these risks

Course Outline

  • What is audit in a computer environment?
  • Auditing around the computer
  • Auditing through the Computer
  • Auditing with the computer
  • Use of computer for audit automation
  • The computer system’s challenges
  • Lack of visible evidence and systematic errors
  • Controls over audit computers
  • Security and Accuracy (of input, processing and output)
  • Back up of data contained on files, regular production of hard copy; back-up disks held off the premises
  • The internal control over computer based accounting system
  • Computer Assisted  Audit Techniques (CAATs)