Professional Documents
Culture Documents
password protected.
protected .
will check and confirm the sales amount for channel stuffing.
-Risk: unauthorized person can access the system and change payroll
amounts
Accuracy Wrong tax rate applied for From each country take
deductions sample of 4 employees for
recalculation of tax and
compare with transaction
file
Existence Salary being paid to retired Check for any accounts that
owners are still in the name of
retired owners
2.
Fff4.4
4 CAAT test:
program to check transaction file and see if the Deductions made are
done using the appropriate Tax rates as stated on employee master file.
(Valuation)
2. Test for Net pay per period amounts: We can tell the program to
check Net pay figures on the” Net pay” field of the employee payroll
transaction file and compare it with “pay per period” amount on the
to compare the Transaction file and employee master files to see if any
with the ending probation period date and looking for any “commissions”
4. Test for unusual large amounts: We can tell the program to check if
the Transaction file has any figures which are below or beyond a certain
range. We will use the “Net Pay”and “Deductions” filed from the
transaction file. A range will be calculated using the employee master file
and then compared with the results of the test done on transaction file. ()
6. Test for Commission amounts: We will tell the program to check from
7. Test for Dividends paid to Retired Partners: We will tell the program
file information.
8. Test for cancelled transactions: We will tell the program to check the
transaction file for any transactions that were cancelled during the period.
transaction file for employees who have been awarded bonuses. The
projects they are involved in, as stated on the employee master file.
( Valuation)
10.Dsdf
being is the lack of controls and company policies present. This is evident due
to lack of segregation of duties. Paul has too much authority in the payroll
department. Also since there will be transfer of data internationally this itself