Proposed Audit Schedules

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Proposed Audit Schedules|
ACC542/ Accounting Information Systems|
Michael Wells|
LTC: Danielle Menard, Kristy Nguyen, Christina Walejewski|
8/27/2012|

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Kudler has several inspect options available to ensure compliance with the improvements suggested and implement in the recent weeks. These audits test the performance of information and communications processes, marketing strategies, and suitability of the facility to perform tasks efficiently. These audits can be performed both internally and externally, depending on the degree of verification the go with is after.
Inventory Control System
Two types of audits that can be apply to verify the integrity of the scrutinise look agreement ar attestation and findings and recommendations. The benefit of the attestation audit would be to either confirm or deny that the control measures already in place are sufficiently doing what you expect of them. The findings and recommendation audit would be beneficial if there are areas of concern with the control policies in effect. The latter audit would provide a epitome of the auditors work with IT infrastructure and improvements needed.




internal audits of the inventory control system should be conducted on a monthly or every quarter basis to ensure compliance with internal control procedures. Internal auditors should review a sampling of purchase fix ups and corresponding invoices for accuracy and adjustments. A subsequent completeness check can also be done by internal auditors to verify all vendors get to been entered into the system correctly. Internal auditors should also review error logs and inventory destruction logs to help identify if further controls could benefit the company, or if current controls over inventory are sufficient.
External audits, this is where the filling between attestation or finding and recommendations would be decided, would be conducted on an annual basis to review software drills. An application software review...If you want to get a full essay, order it on our website: Orderessay



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