Information Technology Auditing

Chapter 9 Problems 1 and 2 1. There ar some(prenominal) procedures, documents and operative incisions that are involved when tripping fund is available to contact a clients pass pose. When there is s whoremongert(predicate) stock-taking to fill a customers O.K. crop, the gross revenue order founding part must be notified in order to agree other items from being aware or to notify the sales surgical incision that these items are repoint of stock or on back order. The purchasing surgical incision must be notified so that inventorying bottom be ordered and rushed, depending on the prod of the approved order. The accounts due segment must be notified in order to keep a customers approved order from being invoiced and the receiving department must be notified in order to make demonstrated that once the inventory is authentic that the exile department is do aware so that the customers order can be finalized. Additionally, purchasing and receiving choose to look at their inventory totals and compare them against what the computer organisation is telling the sales order department. Additionally, once credit has been approved for the customer, it is essential that the customers account is not aerated until the order actually ships. This goes flip over in hand with notifying accounts receivable that there is a deficit in inventory.

Additionally, accounts payable call for to be notified to make accepted that an order was not pose on hold by the vendor in which the inventory that was thought to have been received, to equip that there isnt a problem on the provider end as a result of payment or credit terms with the fundamental law itself. Finally all procedures for modify and reconciling reports in all(prenominal) of the departments must be reviewed by management to find off where the breakdown in intercourse occurred to cause the inventory deficit in the first place. 2. The pile totals come from the shipping notices from the shipping department throughout the day. These are entered into the system by the...If you loss to get a skilful essay, order it on our website: Orderessay

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