audit proposal - 1127 Words

Audit Proposal Brenda Pina, Rachel Foster, Maria Kight, Christine Twiford, and Clorissa Willie ACC/542 July 14, 2014 Professor Thomas Cappels Audit Proposal There are many different types of audits including internal, external, and information technology. Companies should be familiar with the types of audits that may possibly be used on an Accounting Information System (AIS). Knowing the different types of audits and where they are used will help a company be ready for an audit and make the process much smoother. There are some circumstances where auditing through a computer is not always beneficial. Auditors want to make sure they are completing their audits fully and appropriately to the best of their abilities.†¦show more content†¦Access controls protect data from being released to non-authorized users, hackers, and other intruders. How the audits are conducted Kudler will conduct an information system audit by examining and evaluating their present hardware and software. They will also examine their IT controls, systems security, risk management, and the adequacy of their current systems. They can carry out their marketing audit by evaluating the effectiveness of their marketing program and examining its capabilities. It will evaluate their functions in respect to their goals, mission, vision, and their values of Kudler, which is done externally. Kudler will examine their faculty, and their deficiencies will be identified. Another suggestion is equipment be audited, the maintenance, and an examination to determine if it’s being operated at the designed levels, safety set-up, security, and access issues. Their audit will be done by an external auditor who will examine their accounts, vouchers to support, financial information tests, evaluation of their financial statements, and also examine the internal control and make comments for improvements. Events that prevent reliance on auditing through the computer Using computer-based accounting systems does have its disadvantages, such as certain laws pertaining to confidentiality, the requirement to protect against the loss of data through power failures, theShow MoreRelatedAudit Proposal1094 Words   |  5 PagesAudit Proposal By: Catherine Chase Instructor: Khatrina Higgs, CPA ACC/542 â€Æ' Audit Proposal Abstract Understanding the audit process and how auditors operate is vital since it informs IT managers how to develop an environment that is compliant. More importantly, this brief will discuss the role of the auditor and its responsibilities as well as expand on the role and responsibilities of management during and after the audit. This brief will also focus on the methodologies of howRead MoreEssay on Audit Proposal1327 Words   |  6 Pageswould now like to see a proposed audit schedule for these systems. The team will distinguish between the types of audits that may use for each process. The team will also recommend the most appropriate audit for each process and explain how to conduct the audits. Identifying events that may prevent reliance on auditing through the computer will also be presented to Kudler for review (Apollo Group, 2009). Types of Audits The types of information technology audits are attestation, findings andRead MoreEssay on Audit Proposal - 1à §1611 Words   |  7 PagesAudit Proposal—Kudler Fine Foods Previously Kudler Fine Foods had asked accounting firm 123 Accounting for their recommendation on a system which would improve automation in their business processes. Accounting firm 123 Accounting provided Kudler with a recommended course of action to take towards automating their accounting information system, as well as provided a flowchart to assist in describing the process by which the software will help management consolidate their financial data. CurrentlyRead MoreAcct 542 Audit Proposal Essay1239 Words   |  5 PagesAudit Proposal Audit Proposal Kudler Fine Foods has many different types of audit to consider that could be used for each functional areas of AP, AR, inventory management and payroll. This brief has the purpose to distinguish among the types of audits that could be used for each process; to recommend the audit most appropriate for each process; to explain how the audits will be conducted; and to identify events that could prevent reliance on auditing through the computer. Types of Audit Read MoreProposal on Energy Audit1640 Words   |  7 PagesProposal Energy Audit: An energy audit is an inspection, survey and analysis of energy, flows for energy conservation in a building, process or system to reduce the amount of energy input into the system without negatively affecting the output(s). 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Background: The goal of the proposal is to provide and merge the available resources to invest and increase its market position locally or internationally. The investment plan if approved will offer greater expansion of the company over 5 years. This proposal will be presented to the Executive Directors for endorsement. Objective: The strategy of the investment plan involves: 1. To advance theRead MoreCase Study : Eagle s Nest Motel Essay1264 Words   |  6 Pagescompany to expand further. Areas of investments are Time Shares Companies, 24hrs Cafe, and Car Rentals. Background: The goal of the proposal is to provide and merge the available resources to invest and increase its market position locally or internationally. The investment plan, if approved will offer a greater expansion of the company over 5 years. This proposal will be presented to the Executive Directors for endorsement. Objective: 1. The strategy of the investment plan involves: 1. To advanceRead MoreRfp Inventory Control Essay5651 Words   |  23 PagesRequest for Proposal An Inventory Control System Just Seeds Unlimited Co. 4105 Stuart Andrew Blvd Unit #3 Charlotte, NC 28217 704.222.2222 Distribution List (TBD) Linnea L. Williams lwilliams.lwilliams@gmail.com PM598 – May 2011 TABLE OF CONTENTS 1. INSTRUCTIONS TO BIDDERS 5 1.1. General Description of Work 5 1.2. What Must Be Included with Bid 5 1.3. Schedule of Bid Period Activities 6 1.4. Location of Work 6 1.5. Pre-Bid Meeting 7 1.6. Owner Contact for QuestionsRead MoreEssay about Request for Proposals26340 Words   |  106 PagesRFP-427.04-107-08 STATE GOVERNMENT DEPARTMENT OF FINANCE AND ADMINISTRATION REQUEST FOR PROPOSALS FOR INFORMATION SECURITY ASSESSMENT SERVICES (ISAS) RFP NUMBER: 427.04-107-08 CONTENTS SECTION 1 2 3 4 5 INTRODUCTION RFP SCHEDULE OF EVENTS PROPOSAL REQUIREMENTS GENERAL REQUIREMENTS CONTRACTING INFORMATION PROPOSAL EVALUATION CONTRACT AWARD RFP ATTACHMENTS: 6.1 Pro Forma Contract Contract Attachment A: Attestation Re Personnel Used in Contract Performance Contract Attachment B: Memorandum