Benefits of a desk audit.
What is computerised desk audit.
Provide a personal way to connect with employees and demonstrate understanding of the employee s work.
Computerized accounting systems allow you to.
Conduct a preliminary survey of the entity.
In contrast computer audit is a relatively recent development.
The history of traditional auditing or inspection can be traced back many hundreds of years.
The desk audit is an opportunity for the employee to describe the responsibilities of his her position and provide illustrative examples.
As mstd started taking electronic annexure of sales and purchases from all dealers for the periods.
This new utility envisages analysis of electronic data pertaining to e returns audit reports in form e 704 and annexures thereof uploaded by all the tax payers.
It s an interview with the incumbent to obtain information about his her duties and responsibilities.
Specialist may do a desk audit interview both you and your supervisor to obtain information about the kind and difficulty of the work you are doing.
A preliminary understanding of how the computerized accounting functions are organized.
Maharashtra sales tax department mstd has been selecting cases for issue based audits iba based on various audit parameters for the periods from 2008 09 onward.
Computerized accounting systems are software programs that are stored on a company s computer network server or remotely accessed via the internet.
The following are tips for employees and supervisors to prepare for the meeting with the classification specialist.
Verify and clarify information in the pd and other documentation.
Definition of desk audit.
Get examples of work performed.
Limited scope examination of documents and records away from the place of action.
The classification specialist will also have a meeting with the employee s supervisor to discuss the employee s job duties.
Computerized desk audit background.
A computerized accounting system consists of software designed to track all of your company s accounting transactions with the goal of producing financial output for monthly reports annual financial statements tax return information and other report configurations used to analyze your company s operations efficiency and profitability.
Prepare for the audit.
If your position is desk audited you should emphasize the major areas of your work and how your position fits into your unit s and agency s operations.
It was not until the late 1970 s that the majority of major organisations in the uk established a computer audit capability for the first time.
You should conduct a separate interview with the employee and the supervisor.
The computerized desk audit cda.
Identification of the computer hardware and software used by the entity.
Most of the audit parameters are generated from the analysis of sales and purchase annexures.
Now the department has developed a system called as the computerized desk audit i e.
