Data Analytics For Accounting
19th Edition
ISBN: 9781260375190
Author: RICHARDSON, Vernon J., Teeter, Ryan, Terrell, Katie
Publisher: Mcgraw-hill Education,
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Question
Chapter 5, Problem 7DQ
To determine
Explain reasons for preferring audit firms in usage of proprietary workpapers rather than making storage of working papers on the cloud.
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Chapter 5 Solutions
Data Analytics For Accounting
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- Now consider “segregation of duties.” Determine why it is important in an IT environment. What are some advantages of using IT and audit software when conducting an audit?arrow_forwardDiscuss the importance of the role of the database administrator. In the flat-file environment, why is such a role not necessary? What tasks does the DBA perform?arrow_forwardHow should the security for the database be different than security for the rest of the system? Does it make a difference for web-based data designs? If so, how?arrow_forward
- What types of unique control problems are created by the use of PC accounting systems?arrow_forwardDiscuss why control procedures over access to the data resource become more crucial under the database approach than in the flat-file environment. What role does the DBMS play in helping to control the database environment?arrow_forwardDescribe the differences between auditing around the computer and auditing through the computer? Which one is more effective in a computerized accounting information system? Why?arrow_forward
- Computers remove a fundamental separation of functions between authorizing and processing transactions, and there is also a risk of the integrity of accounting records. What do you think, how can management control these risks?arrow_forwardHow is a lockout different from a deadlock? Give an accounting example to illustrate why a database lockout is necessary and how a deadlock can occur. Provide meaningful table names in your example.arrow_forwardWhat are the possible scenarios in the delivery creation process? Can a SAP user create a delivery without referencing any existing order? Write a few audit techniques applied to audit computerized AIS?arrow_forward
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