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    Course Outline - Auditing and EDP

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    Auditing is defined as the accumulation and evaluation of evidence about information to determine and report on the degree of correspondence between the information and established criteria. Auditing should be done by a competent independent person. This description of auditing includes several key words and phrases. Each of them is discussed in this section briefly.

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    Course Outline - Auditing and EDP

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    Auditing is defined as the accumulation and evaluation of evidence about information to determine and report on the degree of correspondence between the information and established criteria. Auditing should be done by a competent independent person. This description of auditing includes several key words and phrases. Each of them is discussed in this section briefly.

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    Auditing is defined as the accumulation and evaluation of evidence about information to determine and report on the degree of correspondence between the information and established criteria. Auditing should be done by a competent independent person. This description of auditing includes several key words and phrases. Each of them is discussed in this section briefly.

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    © All Rights Reserved
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    32 views4 pages

    Course Outline - Auditing and EDP

    Uploaded by

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    Auditing is defined as the accumulation and evaluation of evidence about information to determine and report on the degree of correspondence between the information and established criteria. Auditing should be done by a competent independent person. This description of auditing includes several key words and phrases. Each of them is discussed in this section briefly.

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    Course Title: Auditing and EDP

    Course code: ACFN 611

    Credit Hours: 2hrs

    Pre request: ACFN511

    Course Description: Auditing and EDP course is designed to enhance understanding of


    auditing principles, audit professions, audit evidence, control and audits of AIS, administrative
    controls, inputs, processing controls and output controls.

    Course objective: This course prepares students to understand the concepts of audits and related
    issues and assess control risk in EDP systems, and performs controls and substantive testing
    computer system programs and files. It provides conceptual foundation chapters for electronic
    data processing.

    Course Contents:

    Chapter One: Introduction

    1.1 Introductions of Auditing


    1.2 Attestation, Assurance and Non-Assurance
    1.3 The need for financial statement audit
    1.4 Generally Accepted Auditing Standard (GAAS)
    1.5 Scope of the course and perspectives on auditing electronic data processing

    Chapter Two: Auditing Profession and Audit Evidence

    2.1 Introductions, characteristics of audit profession and professional ethics

    2.2 Fundamental Principles of Auditing

    2.3 Legal Liability and Responsibility of Auditors and auditee

    2.4. Concepts and Components of Audit Report

    2.5 Kinds of Audit Opinion

    Chapter Three: Audit Responsibilities and Objectives

    3.1 Audit Responsibility


    3.2 Concepts and steps to develop Audit Objectives
    3.2.1 Understand objectives and responsibilities for the audit.
    3.2.2 Divide financial statements into cycles
    3.2.3 Know management assertions about accounts
    3.2.3.1 Existence or Occurrence Assertion
    3.2.3.2 Completeness
    3.2.3.3 Right and Obligation
    3.2.3.4 Valuation or Allocation
    3.2.3.5 Presentation and Disclosure
    3.2.4 Know general audit objectives for classes of transactions and accounts.
    3.2.5 Know specific audit objectives for classes of transactions and accounts

    Chapter Four: Audit Evidence

    4.1 Nature of audit Evidence

    4.2. The Audit Evidence Decision

    4.3 Persuasiveness of Evidence

    4.3.1 Competence

    4.3.2 Sufficiency

    4.4 Types of Audit Evidence

    Chapter Five: Control and Audit of AIS

    5.1 Control and AIS

    5.2 Computer based information systems control

    5.3 Fraud and computers

    5.5 auditing of computer based information systems

    Chapter Six: Administrative Control

    6.1 Policy and procedure

    6.2 The electronic data processing Steering Committee

    6.3 The system development process as an administrative control

    Chapter Seven: Physical and Logical Security

    7.1 Physical security

    7.2 Logical Access control: I&II

    Chapter Eight: Input, process and output control


    8.1 Input Control

    8.1.1 Characteristics and types of input

    8.1.2 Batch input

    8.1.3 Online Input

    8.1.4 Computer –to – Computer Input

    8.2 Process Control

    8.2.1 Internally Developed system

    8.2.2 General Considerations in operating Control

    8.3 Output Control

    8.3.1 The important of output controls

    8.3.2 Types of Reports

    8.3.3 Response to online report

    8.3.4 Action Reports

    No Mode of Assessment Points to be allotted


    1 Mid 20
    2 Group assignment term paper/presentation 30
    3 Final exam 50
    Total 100

    Text book

     Auditing EDP System, Donald A Wante and peter B turney, Printice Hall international
    editions

    Reference books:

     Auditing principles, a system base approach, 5ed, Howard F, sterttren.


     The complete guide to Auditing standards and other professional standard for
    Accountants, Nick A Dauber, Mark H. Anique A. and Joel G. 2008.
     Auditing :An international Approach , Smieliausks, W & Bewley, 5th .2010
     Principles of auditing , 13th ed,V, Rey whitting ton and Kurt pay
     Audit and assurance service, arens 14th edition
     ACCA, Paper 6,Auditing framework, contemporary Auditing , 9th ed. Kaman Gupta

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