1. How have computerized systems influenced the auditor’s understanding of internal control? 2. What are the main features of the COSO report on internal controls? 3. What are the essential points...

1. How have computerized systems influenced the auditor’s understanding of internal control?

2. What are the main features of the COSO report on internal controls?

3. What are the essential points included in the COSO report with regard to IT systems?

4. Explain the importance of ‘transaction integrity’ in audit procedures.

5. To what extent does a computerized information system affect the auditor’s assessment of control risk?