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Auditing PC’s

Moving the accounting records from books to computers happened over the last two decades for most companies.
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Moving the accounting records from books to computers happened over the last two decades for most companies. The challenge of auditing these computer based accounting records was not anticipated at that time and the accounting profession is just starting to deal with the challenge posed by Information systems audits.
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When accounting was moved from books to software the easy part for companies was to get the systems installed.



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But as a result companies now have to meet with new challenges these systems have created, which is not so easy for them.

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Sophistication of the accounting process demand companies to have efficient methods of auditing these computer environments.

Companies’ ability to produce fair financial information will also depend on how well these systems are audited.

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The challenge for companies will be to identify ways of overcoming these problems that came along with new technology.

Nandana Madurasinghe, Information System Auditor at Ceylinco Insurance

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