Accounting

Borlan plc is a UK listed and UK-based retail company. Because of significant data processing problems encountered during the 2004/05 and 2005/06 financial years, the managing director of the company launched a company-wide development review of its accounting information systems in late 2006.

Required

Assuming the company-wide development review recommends the introduction of a new accounting information system, describe and evaluate the key stages you would expect to find during the systems development process.

Each stage of an audit—planning, fieldwork, and wrap-up—provides an essential element of the engagement. Research the audit process using your textbook and the  University online library resources. Write a 4-5 page paper on the stages and elements of the audit process. Include the following in your paper:

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