Questions from Accounting Information Systems

Q: Recently, the U.S. federal government and the American

Recently, the U.S. federal government and the American Institute of Certified Public Accountants (AICPA) have taken aggressive steps aimed at ensuring the quality of organizational governance. What ar...

Q: Enterprise Risk Management is a process for organizational governance.” Discuss why

Enterprise Risk Management is a process for organizational governance.” Discuss why this might be correct and why it might not.

Q: If it weren’t for the potential of computer crime, the emphasis

If it weren’t for the potential of computer crime, the emphasis on controlling computer systems would decline significantly in importance.” Do you agree? Discuss fully.

Q: Do you think your accounting education is preparing you effectively to practice

Do you think your accounting education is preparing you effectively to practice accounting? Why or why not? Discuss, from both a short-term (i.e., immediately on graduation) and a long-term (i.e., 5 t...

Q: Provide five examples of potential conflict between the control goals of ensuring

Provide five examples of potential conflict between the control goals of ensuring effectiveness of operations and of ensuring efficient employment of resources.

Q: Discuss how the efficiency and effectiveness of a mass-transit system

Discuss how the efficiency and effectiveness of a mass-transit system in a large city can be measured.

Q: If input data are entered into the system completely and accurately,

If input data are entered into the system completely and accurately, then the information system control goals of ensuring update completeness and ensuring update accuracy will be automatically achiev...

Q: Section 404 of SOX has not been a good idea. It

Section 404 of SOX has not been a good idea. It has been too costly and it has not had its intended effect.” Do you agree? Discuss fully

Q: How does this text’s definition of internal control differ from COSO?

How does this text’s definition of internal control differ from COSO? How does it differ from the controls that are subject to review under Section 404 of SOX?

Q: What, if anything, is wrong with the following control hierarchy

What, if anything, is wrong with the following control hierarchy? Discuss fully. Highest level of control Pervasive control plans The control environment Application controls Business process c...