Ican 2024 Advanced Audit And Assurance Question 7

Technology, essentially computerisation has in recent times affected various aspects of life and business activities to varying degrees. For instance, this has led to online purchases, account processing from various other locations than the domiciled bank branches. Though, this electronic business and commerce has made things easy, there are still challenges associated with the process. As an auditor, there is the need to evaluate the audit environment to have proper knowledge of the clients operating environment, whether manual or computerised. This is very essential for your firms newly employed audit staff.