Discussion Question
Upon examination of the greatest threats to a computerized accounting system, suggest two preventive measures or remedies that protect the system and/or mitigate any negative impacts to the system. Provide a rationale for your response.
Your boss is concerned that the company's computerized accounting system is vulnerable to attack. After reviewing the system, you're in agreement. Write a brief report (approximately one paragraph in length) of how someone might hack into your systems and commit fraud with the accruals. What major damages to the company's financial statements could result from such a fraud?"
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.