Question 3a
Marking Guide
(i) benefits of audit software | |
| 1 mark per benefit – 0·5 for identifying the benefit and 0·5 for explaining the benefit. | |
| – standard systems | |
| – use actual computer files | |
| – test more items | |
| – cost | |
| – other relevant points | |
| maximum marks | 4 |
| (ii) problems in the audit of tirrol | |
| 2 marks for each problem. 1 for explaining the problem and 1 for explaining how to alleviate the problem. | |
| – six week reporting deadline | |
| –timescale – software issues | |
| – first year audit costs | |
| – staff holidays | |
| – non-standard systems | |
| – live testing | |
| – usefulness of audit software | |
| – other relevant points | |
| maximum marks | 10 |