Question

explain the design and procedural aspects of EDP system​

Answer 1

Answer:

Electronic Data Processing (EDP) refers to the input, processing and output of information. EDP is often called Information Services or Systems (IS) or Management Information Services (MIS), according to Tech Target. The information processed is used and evaluated during an audit.

EDP Auditing is Similar to Manual Audit:-

Although often dreaded, an audit is a tool to analyze business or financial operations. There are three kinds of audits:

▪︎● Internal audit

▪︎● External audit

▪︎● IRS audit

Explanation:

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Answer 2

Answer:

Electronic Data Processing (EDP) refers to the input, processing and output of information. EDP is often called Information Services or Systems (IS) or Management Information Services (MIS), according to Tech Target. The information processed is used and evaluated during an audit.

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