Page 13 - PowerPoint Presentation
P. 13
COMPUTER AUDIT – THE BASICS
APROVAL AND AUTHORISATION
• This can be a manual procedure (e.g. signing a
document) or it can be automated (programmed).
• Cant buy from unapproved suppliers (supplier
database - CSD).
• Can only give discount up to say 10%.
• EFTs make use of OTPs, two passwords etc.
• Very effective in preventing unauthorised transactions
from taking place, however, can be overridden but
overrides will be logged and should be followed up.
• Example - SARS payment authorization procedures.
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CharterQuest
