Page 71 - DCOM509_ADVANCED_AUDITING

Advanced Auditing

Notes 12. Write short notes on:
(a) Internal Control Questionnaire
(b) Systems Based Audit (SBA)

Answers: Self Assessment

1. False 2. True
3. False 4. True

5. True 6. Application
7. Proxy 8. Auditors
9. Internal 10. Errors

11. Effective 12. Supporting
13. Accounting 14. Chief Audit Executive (CAE)
15. Internal check system 16. Assets against loss
17. Audit Activity

4.12 Further Readings

Books David Coderre (2009). Internal Audit: Efficiency through Automation, John Wiley
& Sons.
Emile Woolf, Moira Hindson (2011). Audit and Accountancy Pitfalls: A Casebook for
Practising Accountants, Lawyers and Insurers, John Wiley & Sons.
Iain Gray, Stuart Manson (2007). The Audit Process: Principles, Practice and Cases,
Cengage Learning EMEA.

Jeanette Franzel (2009). Single Audit: Opportunities Exist to Improve the Single Audit
Process and Oversight, DIANE Publishing.
Susan Switzer (2007), Internal Audit Reports Post Sarbanes-Oxley: A Guide to Process-
Driven Reporting, John Wiley & Sons.

Online links http://www.asosai.org/asosai_old/journal1999/evaluation_of_internal_
controls.htm
www.asiatradehub.com/india/tr9.asp
www.auditservices.com/aevidence.html

www.informationbible.com/article-auditing-in-depth-111904.html
www.investopedia.com/terms/a/auditing-evidence.asp#ixzz1x6PIvbTg

66 LOVELY PROFESSIONAL UNIVERSITY