Abstract
M.Com. (Computer Auditing)
The objective of an independent audit of financial statements is to express an opinion on
the fair presentation of the financial statements. The auditor should obtain sufficient audit
evidence to enable him to draw conclusions to support the content of his report. The
auditor should obtain an understanding of the entity's accounting system and related
internal controls to assess their adequacy as a basis for the preparation of financial
information and to assist in the designing of his audit procedures. If the auditor intends
to rely on any internal controls, he should study and evaluate those controls.
If a database system is used, it is logical that all the financial data reside in the database.
In order for an auditor to express an opinion on the financial statements, he has to
determine to what extent he can rely on the integrity of the financial data that resides in
the database.
The objective of this research was to identify the risks and controls present in a general
database environment as well as those present in the Oracle? database management
system environment, to develop a comparison table between these environments and to
develop an Oracle? internal control questionnaire.