embedded audit facility

embedded audit facility
A computer-assisted audit technique in which the program and additional data are provided by the auditor and incorporated into the computerized accounting system of the client. This facility enables a continuous review of a client's computerized accounting system to be made. The two most common types of embedded audit facility are an integrated test facility and the use of a systems control and review file

Accounting dictionary. 2014.

Игры ⚽ Поможем сделать НИР

Look at other dictionaries:

  • computer-assisted audit techniques — CAATs Techniques developed by auditors for performing compliance tests and substantive tests on computer systems for firms in which the data being audited is processed by computers and held on computer files. There are two main categories of… …   Accounting dictionary

  • integrated test facility — ITF An embedded audit facility consisting of program, code, or additional data provided by the auditor and incorporated into the computer element of the client s accounting system. Using ITF, a fictitious entity is created, for example a customer …   Accounting dictionary

  • test data — Data used by an auditor in computer processing to check the operation of an organization s computer programs. The main use of test data is in conducting compliance tests on application controls; for example, to check that batch totals are being… …   Accounting dictionary

  • systems control and review file — SCARF An embedded audit facility in a computer that consists of a program code or additional data provided by an auditor and incorporated into a computerized accounting system. The auditor designates files as SCARF or not and also specifies a… …   Accounting dictionary

  • Access control — is the ability to permit or deny the use of a particular resource by a particular entity. Access control mechanisms can be used in managing physical resources (such as a movie theater, to which only ticketholders should be admitted), logical… …   Wikipedia

  • Oracle Database — Developer(s) Oracle Corporation Development status Active Written in …   Wikipedia

  • Computers and Information Systems — ▪ 2009 Introduction Smartphone: The New Computer.       The market for the smartphone in reality a handheld computer for Web browsing, e mail, music, and video that was integrated with a cellular telephone continued to grow in 2008. According to… …   Universalium

  • Media and Publishing — ▪ 2007 Introduction The Frankfurt Book Fair enjoyed a record number of exhibitors, and the distribution of free newspapers surged. TV broadcasters experimented with ways of engaging their audience via the Internet; mobile TV grew; magazine… …   Universalium

  • Glossary of environmental science — This is a glossary of environmental science.Environmental science is the study of interactions among physical, chemical, and biological components of the environment. Environmental science provides an integrated, quantitative, and… …   Wikipedia

  • Automated Tissue Image Systems — (ATIS) are computer controlled automatic test equipment (ATE) systems classified as medical device and used as pathology laboratory tools (tissue based cancer diagnostics) to characterize a stained tissue sample embedded on a bar coded glass… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”