|32-0753_In-Line_Electronic_Accounting_Internal_Control_and_Audit_Trail.pdf||In-Line Electronic Accounting, Internal Control and Audit Trail
by Price Waterhouse & Co., New York, N. Y
Current interest in the area of in-line accounting on elec-
tronic accounting systems has focused attention on the
responsibility of the controller and the auditor in the
planning of such installations. We therefore asked the
accounting firm of Price Waterhouse & Co. to survey the
aspects of internal control and audit trail encountered in
early installations of the IBM 305 RAMAC and similar
aspects which it is anticipated will arise in the future.
The results of this survey are contained in this booklet
which should assist in the installation and operation of
in-line electronic accounting systems.
International Business Machines Corporation
Introduction data, the system is able to process as an uninterrupted