Week 5 - Ascertain the System Flashcards
1
Q
Say, via:
A
- enquiry
- inspection
- observation
- walk-through
2
Q
Walk-through test
A
Follow some transactions from the beginning of the system to the end to see if the controls you expect are there
3
Q
What does the walk-through test enable the auditor to do?
A
Enables the auditor to understand the system and/or check that the system has been correctly recorded
4
Q
Initial assessment if…
A
Appropriate controls in place
5
Q
What is a walk-through not?
A
NOT a test of controls. It is unlikely to tell you the controls work and are operational
