（1981）Increasing Responsibility and Professionalism for EDP Auditing in the 1980s.pdfVIP

Increasing Responsibility and Professionalism for EDP Auditing in the 1980s Martin L. Bariff Weatherhead School of Management Case Western Reserve University The following report was extracted from the April data processing community. i, 1980 10K filing of Fernwood Central Rail Road to the Securities and Exchange Commission. 3. Generally accepted data processing au- dit standards have been issued by some We have examined the data processing sys- organization. tems control report of Fernwood Central Rail Road Company for the year ended De- 4. Management has prepared a report on cember 31, 1979. Our examinations were data processing, not accounting, con- conducted in accordance with generally ac- trols. This is a public document. cepted data processing auditing standards and accordingly included such tests of data 5. Management has prepared, but not ne- processing processes and records and other cessarily made public, a risk manage- such data processing auditing procedures ment policy related to data processing we considered necessary in the circumstances. activities. The objective of this examination was to provide reasonable assurance that the as- 6. A data processing auditors qualifica- serted data processing controls and pro-