You have been assigned to the audit of Ford Motor Co. Ford is quite complex. In preparing for the…

You have been assigned to the audit of Ford Motor Co. Ford is quite complex. In preparing for the audit, the partner describes the following characteristics about the audit client:

• Ford is moving into e-business via the Web. It will allow vendors to bid on supplying products to Ford. However, all vendors must first be certified as Ford Certified vendors so it is not quite like the open auction-type bids.The vendors must meet quality and delivery requirements.
• Ford currently uses EDI extensively.
• Ford’s use of EDI currently means that suppliers must deliver products directly to the assembly line ready to be assembled. Payment is made based on a trading agreement between the parties specifying penalties for lack of delivery, poor quality, etc. It also specifies payment based on items produced during a week with the electronic transfer to the supplier at the end of the week.
• Ford will be developing an e-commerce alternative to purchasing vehicles.They have already developed an agreement with UPS to utilize UPS’s tracking facility to ship their cars, trace their cars during shipment, and authenticate delivery.
• The E-Commerce is a movement to be more like Dell Computer, i.e., Ford will eventually be more of an assembler of cars, rather than a manufacturer of cars.

Required

Develop a comprehensive approach to (a) audit the computerized processing of Ford Motor Co. and (b) institute computer audit techniques, where applicable, to conduct an annual audit of Ford Motor Company.

In preparing your answer, focus only on the unique risks that are associated with computer processing caused by the company’s involvement in e-business, e-commerce, and its use of EDI. Formulate your answer using the following headings:

a. Unique risks due to the E-Commerce, E-Business, and EDI Environment

b. Major controls that should be in place to address those risks:

• Identification of controls that need to be tested
• Identification of approach used to test the controls

c. Other audit tests, other than computer audit tests, that ought to be performed to satisfy the auditor that major e-business and e-commerce transactions are handled properly

d. Identification of computerized audit approaches, if any, that would be helpful in auditing the electronic transactions and resulting account balances described above for Ford Motor Company

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Upload your instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with Online Academic Experts
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
Testimonials
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Nursing
thank you so much
Customer 452749, June 10th, 2021
Sociology
THANK YOUUUUU
Customer 452591, March 18th, 2021
Nursing
Impressive writing
Customer 452547, February 6th, 2021
Business Studies
Paper is great. Just only needed the one reference. Thank you
Customer 453139, May 4th, 2022
Business Management
Awesome job, Thank you
Customer 453201, June 12th, 2022
Health Care
The writer did not follow my choice of topic (Food/Water Insecurity, Hunger, & Poverty), the paper was instead written about Climate Change in Africa. However, the paper was still great and informative. Thank you!
Customer 452777, January 28th, 2022
Nursing
Thank you
Customer 453087, March 5th, 2022
Human Resources Management (HRM)
Very well written and very impressed with this service!
Customer 453077, February 16th, 2022
Business Studies
Thank you very much for a good job done and a quick turn around time.
Customer 452615, March 31st, 2021
Economics
Nice work
Customer 453185, May 21st, 2022
Classic English Literature
It was my first time using such a service. Essay was good and nicely formatted.
Customer 452441, February 16th, 2022
Psychology
quick and before due date/time.
Customer 453027, January 29th, 2022
11,595
Customer reviews in total
96%
Current satisfaction rate
3 pages
Average paper length
37%
Customers referred by a friend
OUR GIFT TO YOU
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat
AllEscortAllEscort
Live ChatWhatsApp
AllEscort