Developing Mathematical Models for Preliminary Internal Control Evaluations of Inventory Systems in Auditing.

Abstract

In an article entitled Internal Control Evaluation: How The Computer Can Help David C. Burns and James K. Loebbecke presented a computer simulation audit approach for evaluating internal control. In their article Burns and Loebbecke applied their simulation approach to evaluate an illustrative manufacturing inventory internal control system. This thesis presents two alternative mathematical approaches for solving the Burns/Loebbecke inventory problem: The two mathematical approaches presented are compared and the unique conditions necessary for the application of each approach are discussed. (Author)

Document Details

Document Type
Technical Report
Publication Date
Dec 01, 1975
Accession Number
ADA030030

Entities

People

  • Man-won Jee

Organizations

  • Naval Postgraduate School

Tags

DTIC Thesaurus Topics

  • Auditing
  • Computer Simulations
  • Computers
  • Control Systems
  • Inventory
  • Manufacturing
  • Mathematical Models
  • Models
  • Simulations
  • Simulators
  • Test And Evaluation

Readers

  • Adaptive Control and Estimation with Uncertainty in Dynamic Systems.
  • Defense Financial Management and Audit.
  • Theoretical Analysis.