6: AUDITING AND THE REA MODEL
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Discuss how REA diagrams might be useful to
auditors in understanding a client’s business processes. What if the client
hasn’t prepared them in advance? What basic steps would the auditor perform to
compile the information necessary to build the diagram himself or herself? Does
that time investment produce large enough benefits to the auditor? Explain your
UNIQUE REA DIAGRAMS
1414 unread replies.2828 replies.
Discuss why there cannot be one basic REA
diagram that would work for all businesses. What might be some areas that could
be similar from business to business? Select either the company for which you
work or one that interests you. Describe the business processes that are unique
to that company or industry that would require special handling in an REA
44 unread replies.55 replies.
Post your team’s AIS packages presentation.
Review the feedback and comments provided by your classmates and professor to
your team’s presentation Review at least one other team’s presentation and
provide feedback and comments.