Technology and Audit Please respond to the followingHow.docx
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The document discusses the significance of documenting database environments in auditing, emphasizing its importance for effective oversight. It also explores the impact of cloud computing on electronic data interchange, the potential benefits and drawbacks of outsourcing auditing activities, and the role of computer-assisted audit solutions in enhancing the auditing process. Additionally, it addresses how varying standards for internal auditing contribute to maintaining procedural integrity.
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Technology and Audit Please respond to the followingHow.docx
- 1. "Technology and Audit" Please respond to the following: How important is the documentation of the database environment? Moreover, how do you think the advent of cloud computing has affected electronic data interchange (EDI)? Are you in favor of outsourcing the auditing activity, and why or why not? How do computer-assisted audit solutions help the auditing process? How do different standards for professional performance of internal auditing help in maintaining the integrity of the process?