Corporate Compliance

Assessing risk standard in computer processing

Healthcare Auditing Weekly, September 14, 2004

An understanding of the nature of an organization's internal controls should include consideration of the methods used to process transactions, such as computer processing. In planning an audit and gaining understanding of an organization's computer processing, auditors should consider the following:

  • Extent to which computer processing is used in each significant accounting application

  • Complexity of the entity's computer operations

  • Organizational structure of the computer processing activities

  • Kinds and competence of available evidential matter-in electronic and in paper formats-to achieve audit objectives

    To learn more about these standards, order the book "Guide to Compliance Auditing: Applying OIG Techniques and Tools," published by HCPro, Inc. This book provides compliance officers and internal auditors with the same principles and tried-and-true techniques that the DHHS OIG uses to conduct audits of the Medicare and Medicaid programs. Click here for more information or to order your copy today.

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