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Question 1. What are the implications of the existence of an IT environment for an auditor? What are the differences between general and application controls in an IT environment? Provide specific examples of each category.
Question 2. Explain why Big Data is important and provide an example of its use in practice
Question 3. Explain the purpose of the Power Query and Pivot Table functions in Excel. Make sure you have cleaned up the Sales Rep data using Power Query as we will be using this next week.
Question 4. Add the following records to your sales data:
Question 5. What is the largest client and how much are sales? What is the largest State and how much are the sales? (Don't forget to refresh your Pivot Tables!)
Describe and evaluate this type of internal audit. What types of organisation would it be most useful for?
Code of Ethics for Professional Accountants
Prepare Swag's consolidated balance sheet
Notable operational challenges for 4X Heavy Ltd faced in 2012/2013 were but not limited to
Audit partner is concerned about his lack of knowledge of the industry the company is operating in, state of the company's industry and associated risk factors
Prepare a memo to the audit partner on the ‘state of the company's industry' and associated risk factors.
State whether Event is adjusting or non-adjusting event.
As a consequence an accounts payable clerk and financial accountant were made redundant from the business during the year.
To identify principal audit risk and corresponding audit procedures
Show the audit inherent risk and rate the risk as low, medium or high.
Explain the role of the following three 'bodies' in National Health Reform
Prepare a memo on the 'state of the company's industry' and associated risk factors.
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