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Audit Simulation for
Due Diligence on FastFashion Inventory Through Data Querying. Faye Brick, DBA, CISA, CMA, CPA
School of Accountancy
Georgia State University
POB 4050
Atlanta GA 303024050
404
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What is audit simulation for?
Audit simulation is used to simulate an audit process to identify potential issues and improve overall financial reporting.
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Certain organizations or companies may be required to file audit simulation as mandated by regulatory authorities or industry standards.
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Audit simulation can be filled out by following the guidelines provided by the regulatory authorities or industry standards.
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The purpose of audit simulation is to assess the accuracy and effectiveness of financial reporting processes.
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Audit simulation typically requires reporting of financial data, internal controls, and compliance with regulations.
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