Do you think digital accounting eliminates the need for Internal Control especially with AI?
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Do you think digital accounting eliminates the need for Internal Control especially with AI?
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- Does digital accounting eliminate the need for Internal Control or does digital accounting further enhance the need for Internal Control? What challenges do auditors face while understanding the Internal Control where the company's accounting system is highly digitalized?What are some enterprise system failures?Data in a data warehouse are in a stable state. Explain how this can hamper data mining analysis. What can an organization do to alleviate this problem?
- Discuss 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?how does data analytics affect internal controls in an organization?What is computer ethics?
- Some firms do not think they need to invest time and resources in data analytics because they believe that AIS reporting is more than sufficient. Explain some of the benefits of using data analytics.What are some significant benefits and concerns for firms outsourcing the oversight and management of their AIS?Since information systems often involve advanced technologies that are beyond the knowledge level of typical users, should users play an active role in the SDLC? If so, how should they be involved? How can the accountant be involved?
