Kudler Fine Foods (KFF) is a fine foods retailer with three locations. KFF has been advised to switch from the Retail Enterprise Management System (REMS) to a more customized system. Internal Controls and Risks have been evaluated and suggestions made to enhance the performance and deter risks. The next step is to evaluate the auditing processes.
Auditing is a subset of evidence, which is a subset of pledge. Distinguishing between the dissimilar types of audits exercised in the auditing procedure as well as the kind of audit applied for each business procedure is vital in understanding the audit process. Additionally there are series events that may culminate to avert reliance on auditing through the computer. Incorporated is a page outline of proposal on how to guard the corporate computer system and the integrity of the information. Different Types of Audits
Different types of audits and even as an audit can have several reasons, each audit can typically be explained as one of the subsequent types. A fiscal audit looks at the accounting and reporting of financial statements. A compliance audit is executed to decide if the corporate divisions are hold to Federal, State and Kudler company systems applicable rules, policies, and procedures. Information technology audit deals with internal control environment of automated information processing systems and how these systems are exercised all over the organization. Process audit inspects if a corporation is employing available resources in the best efficient, proficient, and money-saving way to accomplish the corporate assignment and purposes. Research and take notes audits occur as a result of strange or doubtful movement by an individual or a department. A take notes audit is typically guided six months after an internal or external audit report has been delivered. This is designed to evaluate corrective action that has been taken on the audit issues details...
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