The ABC Company is switching from its legacy centralized system to a fully distributed system. Under the new model, all employees will work from PCs connected to a local area network. a. Outline a plan of action to ensure that the proper controls over hardware, software, data, people, procedures, and documentation are in place. b. Discuss any risks the company may face if the devised plan is not implemented.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The ABC Company is switching from its legacy centralized
system to a fully distributed system. Under
the new model, all employees will work from PCs
connected to a local area network.


a. Outline a plan of action to ensure that the proper
controls over hardware, software, data, people,
procedures, and documentation are in place.
b. Discuss any risks the company may face if the
devised plan is not implemented.

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