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Audit Proposal

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Audit Proposal
Tonja Wallace
Georgia State
Accounting Information Systems
ACC 542
Deborah Johnson
September 06, 2010

Audit Proposal
Our firm has been working with Kudler Fine Foods for several weeks implementing a new accounting information system (AIS) that will assist with the process of payroll, inventory, accounts receivable and payables along with the daily sales. The current AIS that have been implemented will address the systems integrity and the new system will help KFF to ensure that the data is accurate and reliable for the preparation of the financial statements for the organization. Now that the new accounting information system has been set up it is now time to perform an audit of KFF internal controls. In order to do this we will take a look at the different types of audits that maybe used for each process. Then recommend the audit that will most fit the needs of KFF as well as give an explanation of how the audit will be conducted. KFF will also be informed of events that might prevent the reliance on auditing through the computer. An audit for IT involves evaluating the computer’s role for achieving audits and control objectives. These audits look at the components for the AIS for the users, procedures, hardware, software, data communications and the database. According to Bagranoff, Simkin, and Norman (2008) there are four main types of IT audits and they are attestation, findings and recommendations, SAS # 70 and last but not least SAS # 94.
The purpose of this audit is for Kudler Fine Foods to gain an understanding of the business functions as well as to evaluate the AIS system. The audit will be linked to the accounts, the size of transactions process, and the operations system and process. The audit can be preformed by either an internal or external audit. When performing an internal audit it will review several…...

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