THE COMPUTER AND AUDITING PRACTICE IN NIGERIA THE EFFECTIVENESS OF MONETARY POLICY IN CONTROLLING INFLATION IN NIGERIA
ABSTRACT: We are in the jet age. Nigeria cannot do without computers. A world that is ever increasing and raised with the quest to improve – one quality of its environment.The aim of this study was to enable auditors to adapt to the computer environment. The chapters run from one to three and justice has been done to this topic.
TABLE OF CONTENT
CHAPTER ONE
- BACKGROUND OF THE STUDYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 1
- STATEMENT OF THE PROBLEMÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 3
- OBJECTIVE OF THE STUDYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 4
- SIGNIFICANT OF THE STUDYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 4
- SCOPE AND LIMITATIONS OF THE STUDYÂ Â Â Â Â Â Â Â Â Â Â Â 4
CHAPTER TWO
- LITERATURE REVIEWÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 5
- ORIGIN OF COMPUTERS Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 5
- AUDITING IN A COMPUTER ENVIRONMENTÂ Â Â Â Â Â Â Â Â Â 13
- DIFFERENCES BETWEEN COMPUTERSÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 16
AND MANUAL SYSTEM
- CHANGES IN AUDITING APPROACHÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 18
- INTERNAL CONTROLS IN COMPUTERÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 20
- COMPUTER AND AUDIT PACKAGESÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 24
- FRAUD AND THE COMPUTERÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 24
- Â PROBLEMS IN THE AUDIT OF COMPUTERSÂ Â Â Â Â Â Â Â Â Â 26
CHAPTER THREE
SUMMARYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 28
CONCLUSIONÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 29
RECOMMENDATIONÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 30
BIBLIOGRAPHYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 3
CHAPTER ONE
INTRODUCTION
BACKGROUND OF THE STUDY
One of the most dramatic events in the twentieth century has been the development of computers. Because of their capability of extending manpower to perform mental tasks and provide imaginative services. Effective use of the computers present an excellent challenge to persons who are not unanalytically inclined, such as business executives, accountants and auditors.
The challenge is not only to explore the use of computers, but also to manage their use at the invest cost. The dual objective of this challenge is of particular interest to accounting and auditing practice in Nigeria, since it can explore the incorporation of computer technology into its methodology. Presently, Nigerians cannot do without computers in the business and management sector.
This reached the extent whereby auditors cannot ignore the computer system.
