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Prepare an audit plan to conduct procedures to address

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Reference no: EM132927964

You are an external IT auditor asked to perform a review of the following:

The Financial Transactions Application (FTA) is causing a problem with the General Ledger Application (GLA) due to the timing of the transfer of transactions. Data were transferred late by FTA causing end-of-the-month reports to be inaccurately stated. Managers met to review prior month's activity reports, and noticed a shortfall of $50,000 in some accounts

Problem 1: Prepare an audit plan to conduct procedures to address this type of situation

Reference no: EM132927964

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