pathfinder - The Institute of Chartered Accountants of Nigeria

More documents

Recommendations

Info

PATHFINDER(b)Operating SystemThis is a suite of programs which takes over the operations of the computerwithout human intervention by an operator. The following are the functions ofthe operating system:Scheduling and loading of jobs to provide for continuous processingControl over selection and operation of input/output devices and filehandlingProvision of complete record of all that happens during processing in form ofa log(c)Utilities and Service ProgramsThese are system programs that provide useful service to the computer users byproviding facilities for performing common task of routine nature. Theseprograms include Sort Editor, File Copying, Dumping, File Maintenance etc.(d)TranslatorsThis is a program that converts written statements in one language intostatements in another language. There are three types of these programs,namely: Assemblers, Compliers and Interpreters.(e)Control ProgramThis is a program used by computer to monitor and control operations withoutthe need for continual intervention by the users.EXAMINERS‟ REPORTThe question is in five parts and test candidates‟ knowledge in the area of computerbasedaccounting systems.About 60% of the candidates attempted the question and the percentage that passedwas above 20%.INTERMEDIATE EXAMINATION - NOVEMBER 201048
PATHFINDERCandidates shied away from the question. Their lack of knowledge of this part is“unpardonable”. Candidates are advised to consolidate their knowledge in this areaof the syllabus.QUESTION 5(a)Reasons for carrying out computer information system auditThe observable trend is that there are innumerable risks associated withcomputerised business environment.The auditor would ensure that adequate controls are instituted to mitigate theinnumerable risks associated with the computerised environment as analysedbelow:i. Prevention of data loss or other kinds of disasters with a view tomaintaining the integrity of data.ii.iii.iv.Malicious destruction of electronic informationEnsuring that valuable information is not stolen.Mitigating the risk of hacking by malicious agents.v. Preventing espionage activitiesvi.vii.viii.Ensuring that computer viruses and worms are curtailed.Preventing unauthorized access to information and data.Preventing computer fraud, abuse and privacy violations.(b)Auditors‟ role in Information Technology controls implementation includes thefollowing:(i)(ii)(iii)Serving as specialists in the Information Technology Strategy Committee,to offer advice on matters concerning Information Technology controls.Auditors should be members of Information Technology steeringcommittee as key advisors.Auditors should ascertain the management framework for InformationTechnology governance, e.g. Control Objective for InformationTechnology (COBIT), Committee of Sponsoring Organisation (COSO).INTERMEDIATE EXAMINATION - NOVEMBER 201049
Page 3: PATHFINDERTABLE OF CONTENTSSUBJECTS
Page 6 and 7: PATHFINDER10. First in First out (F
Page 8 and 9: PATHFINDER1 19 912030 0 ES5TLSTX312
Page 10 and 11: PATHFINDER4. The formula for alloca
Page 12 and 13: PATHFINDERMaterials on site as at e
Page 14 and 15: PATHFINDERQUESTION 5The table below
Page 16 and 17: PATHFINDERWORKINGS12. EOQ =2CO D 21
Page 18: PATHFINDERWORKINGS13. Sample space
Page 21 and 22: PATHFINDERIt is recommended that:Ca
Page 23 and 24: PATHFINDERQUESTION 3OGBUEFI LIMITED
Page 25 and 26: PATHFINDERQUESTION 4(a)Euler-Venn d
Page 27 and 28: PATHFINDERP 0 Q 0 P 1 Q 1 Q 0 + Q 1
Page 29 and 30: PATHFINDEREXAMINERS‟ REPORT200 3
Page 31 and 32: PATHFINDER4. ONE of the following m
Page 33 and 34: PATHFINDER12. The auditor, in carry
Page 35 and 36: PATHFINDER19. Statutory Auditing ca
Page 37 and 38: PATHFINDER15. Section 29 of Banks a
Page 39 and 40: PATHFINDERQUESTION 5Auditing of com
Page 41 and 42: PATHFINDERPART II SHORT ANSWER QUES
Page 43 and 44: PATHFINDERany, in depreciation rate
Page 45 and 46: PATHFINDER(v)(vi)Creditors are able
Page 47: PATHFINDERvii. Natural disaster;vii
Page 51 and 52: PATHFINDEREXAMINERS‟ REPORTThe re
Page 53 and 54: PATHFINDERICAN/102/P/2EXAMINATION N
Page 55 and 56: PATHFINDER8. What is the term used
Page 57 and 58: PATHFINDER15. Which of the followin
Page 60 and 61: PATHFINDERSECTION B: ATTEMPT ANY FO
Page 62 and 63: PATHFINDERQUESTION 3Mr. James makes
Page 64 and 65: PATHFINDERQUESTION 6SOULINE Company
Page 66 and 67: PATHFINDER5. RATES OF PERSONAL INCO
Page 68 and 69: PATHFINDERPART II: SHORT-ANSWER QUE
Page 70 and 71: PATHFINDERIncome tax payable 14,259
Page 72 and 73: PATHFINDERBased on the New Accounti
Page 74 and 75: PATHFINDERAll the above principles
Page 76 and 77: PATHFINDEREXAMINERS‟ REPORTPart (
Page 78 and 79: PATHFINDERCandidates are advised to
Page 80 and 81: PATHFINDERICAN/102/P/4EXAMINATION N
Page 82 and 83: E. Assessment.PATHFINDER9. All rese
Page 84 and 85: PATHFINDER17. Some students in the
Page 86 and 87: PATHFINDER15. The statistic that di
Page 88 and 89: PATHFINDERQUESTION 6A survey on the
Page 90 and 91: PATHFINDEREXAMINERS‟ REPORTThe qu
Page 92 and 93: PATHFINDEREXAMINERS‟ REPORTThe qu
Page 94 and 95: PATHFINDERvi.vii.Information hoardi
Page 96 and 97: PATHFINDER(vii)Consideration: Commu
Page 98 and 99:
PATHFINDERc ii.Cluster SamplingIt i
Page 100 and 101:
PATHFINDEREXAMINERS‟ REPORTThe qu
Page 102 and 103:
PATHFINDEREXAMINERS‟ REPORT:The q
Page 104:
PATHFINDERDecision:Since the calcul
show all

pathfinder - The Institute of Chartered Accountants of Nigeria

Create successful ePaper yourself

Delete template?

Save as template?