8-34. CPAs may audit around or through computers in the audit of the financial statements...
70.2K
Verified Solution
Link Copied!
Question
Accounting
8-34. CPAs may audit around or through computers in the audit of the financial statements of clients who use IT to process accounting data. a. Describe the auditing approach referred to as "auditing around the computer." b. Under what conditions do CPAs decide to audit through the computer instead of around the computer? c. In auditing through the compurer. CPAs may use test data. (1) What are test data? (2) Why do CPAs use test data? d. How ean the CPAs be satisfied that the computer programs presented to them for testing: are actually those used by the client for processing accounting data
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!