Various Characteristics of IT Systems Can Present Special Audit Risks

question 6

Essay

Various characteristics of IT systems can present special audit risks. Explain each of the following characteristics of an IT system and the special audit risks that they present.
a. Database system.
b. Distributive data processing.
c. End user computing.

---

Definitions:

Tariffs

Taxes imposed by a government on goods and services imported from other countries.

Quotas

Set limits or targets, usually pertaining to sales, production, or imports and exports, that a company or government aims to achieve.

World Trade Organization

An international organization that regulates international trade, aiming to ensure that trade flows as smoothly, predictably, and freely as possible.

Imports

Goods or services brought into one country from another for sale.