AAF8

Syllabus C3/4. Tests Of Control 2 / 3

a) Describe computer systems controls including general IT controls and information processing controls.

b) Describe control objectives, control procedures, control activities, direct controls, indirect controls and tests of controls in relation to:
i) The sales system;
ii) The purchases system
iii) The payroll system
iv) The inventory system
v) The bank and cash system
vi) Non-current assets

C4
a) Discuss the requirements and methods of how reporting significant deficiencies in internal control are provided to management and those charged with governance.

b) Explain, in a format suitable for inclusion in a report to management, significant deficiencies within a system of internal control and provide control recommendations for overcoming these deficiencies to management

c) Discuss the need for auditors to communicate with those charged with governance.
Tests Of Control