PRC BOARD OF ACCOUNTANCY NO. 90, S. 2002

: The resolution adopts the Philippine Standards on Auditing (PSA) 401, specifically addressing auditing in a computer information environment.
: It was adopted on October 28, 2002.
: The members include Eugene T. Mateo (Chairman), Solita V. Delantar, John S. Bala, Froilan G. Ampil, and Estelita C. Aguirre.
: PSA 401 provides standards and guidelines for auditing in a computer information environment, ensuring proper audit procedures for computerized data and systems.
: The resolution was approved by the Chairperson, Antoniieta Fortuna-Ibe, and Commissioners Alfonso G. Abad and Avelina De La Rea-Tan.
: The purpose is to standardize audit practices when dealing with computerized information, ensuring accuracy, reliability, and integrity of audits involving computer data.
: The full text is available at the Office of the National Administrative Register, U.P. Law Complex, Diliman, Quezon City.
: Carlos G. Almelor, Secretary of the Professional Regulatory Board, attested the resolution.
: Yes, it incorporates standards specifically for auditing in computer information environments, reflecting modern technological contexts in auditing.
: It improves audit quality, ensures adherence to international best practices, and addresses the challenges posed by computerized data processing in audits.