A new auditor wants to create a comprehensive picture of an accounting information system. Which of the following tools would be the most appropriate?

Question

Quizplus · Accepted Answer

A systems flowchart is the most appropriate tool for creating a comprehensive picture of an accounting information system. It shows the flow of information, inputs, and outputs within the system, as well as the steps involved in processing and accounting for transactions. Financial statements and the chart of accounts provide a summary of the information generated by the system, but do not provide a detailed view of the underlying processes. Hardware flowcharts show the physical components of the system, but do not provide insight into the accounting processes.

A New Auditor Wants to Create a Comprehensive Picture of an Accounting