A Synopsis for PhD program

On
Challenges and opportunities of E-Auditing system in Government and Banking Sector in
Bangladesh: A study on preparation of Record and its Management
Submitted by Md Asif Ali

a. Introduction
The aim of these notes is to give potential computer Auditors an overview of the main activities
of computer audit and the role of the computer auditor. They have been written to assist
candidates who are planning to attend an interview for a position in computer audit but have a
limited knowledge of the subject. For those from either an audit, business or information
technology (IT) background seeking a move into computer audit, these notes will provide useful
background reading. Whilst any organization that has agreed to interview a candidate who has
limited experience of computer auditing will judge them accordingly, there is substantial scope
for candidates to improve their chances by demonstrating that they have done some research and
are conversant with the basic principles. Further, as it is increasingly difficult to distinguish
between IT and business areas, many organizations now require that all business auditors have an
awareness of computer audit. These notes, therefore, should assist business auditors in obtaining
a greater appreciation of computer auditing. Given the diversity of IT, it is not possible within a
document of this type to be specific about computer audit in particular sectors or in relation to
specific hardware or software. The basic principles of computer audit should be common to all
sectors and to most types of hardware and software.

b. Background of the Study

One of the functions of Municipal Services is to serve as the repository of municipal
audit reports, prepared and submitted to us pursuant to K.S.A. 75-1117 et seq. Each year
as many as 950 annual municipality audit reports are submitted for review and filing, the
vast majority of which are in bound, paper form. However, over the past several years we
have seen a gradual growth of electronically-submitted reports, to the point where we
now receive, on an annual basis, 40 or so e-audit reports that have been submitted,

generally, independent of the auditor. These files are saved and safely stored on our
network drive according to audit fiscal year.
To this point in time we have not considered any sort of push or effort to encourage
submission of annual audit reports in an electronic format, but based upon the benefits in
paper reduction and reduced storage expense that we are seeing in the first year of
electronically-submitted budgets, we now believe that proportionately similar benefits might be
realized from receipt of a greater number of electronically-submitted audit reports.

We kindly ask that you consider future submission of your annual audit report via
electronic means. Specifically, we ask that you consider sending to us, as an e-mail
attachment, a .pdf of your report, in lieu of the bound, paper report.
Pursuant to the current practice and the practice that will continue for all audits
submitted in paper form the audit report is received by mail, accompanied by a check or
warrant in the amount of the audit report filing fee, payable to the Director of Accounts
and Reports. Correspondence acknowledging receipt of the audit report is then generated
and mailed back to the submitting entity.
For audit reports submitted by electronic means, we ask simply that the report be
converted to a .pdf format and sent as an attachment to an e mail, Upon receipt a reply
will be sent, acknowledging our receipt of the report and accompanied by a reminder that
the filing fee may be transmitted via mail (mailing address will be included), or via
facsimile for credit card payments (a credit card form will be attached to our e-mail
response). Upon delivery of the filing fee correspondence acknowledging receipt of the
audit report will be generated and mailed back to the submitting entity.

c. Objectives
1. To describe the existing situation of E-Auditing System.
2. To find out the challenges and opportunities.
3. To find out the weakness and drawbacks of the existing E- Auditing System.
4. To standardize model for good governance by using E-Auditing System.

d. Methodology
There are two sources of collecting data. They are: Primary Data and Secondary Data. These
sources are given here.
The primary sources of my information are given below:

Direct observation

Questionnaire to the executives

Opinion of the respective persons

Practical applications of the organization

The secondary sources of my information are given below:

Websites of the organization

Reports of the organization

Written codes of the organization

Diary of Events of the organization

Performance evolution report

Data Analysis: Data will be analyzed based on information obtained from the survey
using appropriate instrument like chart, graph, tables, correlation, regressions etc.

e. Literature Review
An immense development has been brought by the scientists in the field of information
technology. Electronic-Auditing is the innovative product of such advancement
of information technology. After this proliferation of technology what sorts of changes found
in the human civilization, how E-Auditing ripples the mind of the people at the twenty first
century, what the reacts towards the new technology of the society, how it impacts the
dimension of operations of the financial institutions, Government, Banking Sector and ability
to provide security about the customers confidentiality are the immanent driving forces
behind me to opt this topic and make an analysis. Research goals are to make a feasible study
at problems and issues, scrutinize investigate interconnections of multifarious variables that
remain surrounded us. Research produces bodies of knowledge; contribute towards the
development of literature of the professions and academic disciplines. As a formal
investigative process, research takes place at different level of scientific sophistication or
kinds of epistemology .So, research in various branches of academic disciplines operate its
study through its own different ways. Research in Business Studies focuses on describing,
understanding and interpreting business phenomena and processes and how it affects the
business entities and the society. This study is based on both primary and secondary data.

f. Data Collection Process

The primary sources of my information are given below:

Direct observation

Questionnaire to the executives

Opinion of the respective persons

Practical applications of the organization

The secondary sources of my information are given below:

Websites of the organization

Reports of the organization

Written codes of the organization

Diary of Events of the organization

Performance evolution report

g. Bibliography
1. EFT Disbursements: ACH Credits vs. ACH Debits Gerald R. Bielfeldt
2. Electronic State Tax Payments Scott LaForce
3. NACHA Looks at EDI William B. Nelson
4. NACHA: 1990 EDI Payments Progress Report William B. Nelson
5. The All-Electronic ACH Richard R. Oliver
6. EDI/EFT: An Architecture for Cooperative Service Delivery Michael B. Ribet,
Jane Lohmar
7. Payment and Advice Automation: The Separate-or-Together Issue Bernell K.
Stone