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You are currently working in a mid-tier accounting firm. In an engagement meeting with a client, the management of your client is concerned that the audit tests that you perform will disrupt operations. Your client has recently implemented a data warehouse and the management suggests that you draw the data for analytical reviews and substantive testing from the data warehouse instead of the operational database. The management points out that operational data are copied weekly into the data warehouse and all data you need are contained there. Outline your response to the management’s proposal and mention any concerns you might have. (maximum 300 words)

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Answer:

The answer "Only when an auditor is free to perform his responsibilities should the audit contract be accepted. There should be no stress on an investigator but no independence".

Step-by-step explanation:

In the essence of the data store, huge storage of the information, that is used to collect from either a variety of sources within the same company. The DTC is often used as an analytics capability (OLAP frameworks) because a transfer can be focussed on the data structure. It's also currently easier for organizations to end things or assessment and determine the best information with full of data from one destination.

Create a complete warehouse: It is unlikely, however, that each one of your getting your information at that same single place seems to be the greatest flexibility for providing a database server.

Below are various benefits of providing data storage:

  • Saving time: In the company's ease of accessing data from different sources at the data center, that ensures no time to obtain information from other sources is lost.
  • Higher trust: Its data is automatically moved into your data center in an ordered structure, rather than being replaced by human activity, as you'll be more sure that your information is nice and clean, complete and accurate.
  • Growing knowledge: In the data, the warehouse designs the information so that it can be easily analyzed.
  • Increasing quality: it would be far easier to manage individuals who reach your data whenever an association position is integrated. Data warehouse allows security fully flexible, allowing users to access all the systems and lock all of them.

Following are its specific approach to creating a data center, which will you need to develop the core architecture in three sections:

  • The stocking(storage) algorithm,
  • Software and working
  • HR.

Storage: it's the foundation of the structure and your warehouse lives there. The inner server is the client's office 's internal device as well as the cloud is an electronic storage solution that relies on external servers.

Software: It is a valuable method of private cloud architectural design. For two classes, centralization and visual imagery are commonly isolated.

Human resources: It is the part of data warehouse operations which is extremely important for a workable example. To keep your warehouse running, you must use new circumstances in your company.

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