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Presented Below Is a List of Terms Relating to Accounting

Question 82

Matching

Presented below is a list of terms relating to accounting information systems, followed by definitions of those terms.
Match the appropriate term with each definition. Each answer will be used only once.

Premises:

Responses:

Audit program

The second stage of a financial statement audit which uses substantive testing for direct verification of financial statement figures

System control audit review file

Software that allows the auditor to use PCs to perform audit tasks

Auditing around-the-computer

Information systems auditing approach in which the processing portion of a computer system is ignored

In-line code

A detailed list of the procedures to be applied on a particular audit

Financial statement audit

Analytic documentation or other graphic techniques used to describe the controls in a system

Control flowcharting

The use of in-line code to randomly select transactions for audit analysis

Test data

Auditor-prepared input containing both valid and invalid data

Embedded audit routines

Special auditing routines included in regular computer programs so that transaction data can be subjected to audit analysis

Sample audit review file

An application program performs an embedded audit routine such as data collection at the same time as it processes data for normal use

PC software

Auditor-determined programmed edit tests for audit transaction analysis are included in a program as it is initially developed