AUDITING ERP DATABASESYou are an independent auditor attending an engagementinterview with the client. The client’s organizationhas recently implemented a data warehouse.Management is concerned that the audit tests thatyou perform will disrupt operations and suggeststhat instead of running tests against the live operationaldatabase, you draw the data for your analyticalreviews and substantive tests of details from the datawarehouse. Management points out that operationaldata are copied weekly into the warehouse and everythingyou need is contained there. This will enableyou to perform your tests without disrupting routineoperations. You agree to give this some thought andget back to the client with your answer. RequiredDraft a memo to the client outlining your responseto the client’s proposal. Mention any concerns you might have.
AUDITING ERP DATABASES
You are an independent auditor attending an engagement
interview with the client. The client’s organization
has recently implemented a data warehouse.
Management is concerned that the audit tests that
you perform will disrupt operations and suggests
that instead of running tests against the live operational
database, you draw the data for your analytical
reviews and substantive tests of details from the data
warehouse. Management points out that operational
data are copied weekly into the warehouse and everything
you need is contained there. This will enable
you to perform your tests without disrupting routine
operations. You agree to give this some thought and
get back to the client with your answer.
Required
Draft a memo to the client outlining your response
to the client’s proposal. Mention any concerns you might have.
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