What Is Computerised Desk Audit

Definition of desk audit.

What is computerised desk audit.

In contrast computer audit is a relatively recent development. Most of the audit parameters are generated from the analysis of sales and purchase annexures. Computerized desk audit background. Get examples of work performed.

Computerized accounting systems are software programs that are stored on a company s computer network server or remotely accessed via the internet. The computerized desk audit cda. 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.

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. What is a desk audit. Prepare for the 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. The history of traditional auditing or inspection can be traced back many hundreds of years. Provide a personal way to connect with employees and demonstrate understanding of the employee s work. Verify and clarify information in the pd and other documentation.

The following are tips for employees and supervisors to prepare for the meeting with the classification specialist. The desk audit is an opportunity for the employee to describe the responsibilities of his her position and provide illustrative examples. As mstd started taking electronic annexure of sales and purchases from all dealers for the periods. Conduct a preliminary survey of the entity.

Now the department has developed a system called as the computerized desk audit i e. Computerized accounting systems allow you to. This is preliminary work to plan how the audit should be conducted. 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.

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. Identification of the computer hardware and software used by the entity. Benefits of a desk audit. Limited scope examination of documents and records away from the place of action.

You should conduct a separate interview with the employee and the supervisor.