Identify risks for accounting systems


Response to the following questions:

1. Explain how client internal controls can be improved through the proper installation of IT.

2. Identify risks for accounting systems that rely heavily on IT functions.

3. Define what is meant by an audit trail and explain how it can be affected by the client's integration of IT.

4. Distinguish between general controls and application controls and give two examples of each.

 

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Auditing: Identify risks for accounting systems
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