What Is Computerised Desk 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.

What is computerised desk audit.

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. The history of traditional auditing or inspection can be traced back many hundreds of years. Conduct a preliminary survey of the entity.

You should conduct a separate interview with the employee and the supervisor. The classification specialist will also have a meeting with the employee s supervisor to discuss the employee s job duties. In contrast computer audit is a relatively recent development. What is a desk audit.

Prepare for the audit. Definition of desk audit. This is preliminary work to plan how the audit should be conducted. 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.

Benefits of a desk audit. As mstd started taking electronic annexure of sales and purchases from all dealers for the periods. A preliminary understanding of how the computerized accounting functions are organized. The auditors gather information about the computerized accounting system that is relevant to the audit plan including.

Now the department has developed a system called as the computerized desk audit i e. The following are tips for employees and supervisors to prepare for the meeting with the classification specialist. Get examples of work performed. Verify and clarify information in the pd and other documentation.

Computerized accounting systems allow you to. Identification of the computer hardware and software used by the entity. 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. 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.

The desk audit is an opportunity for the employee to describe the responsibilities of his her position and provide illustrative examples. The computerized desk audit cda. Limited scope examination of documents and records away from the place of action. Computerized desk audit background.

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.