Discuss the benefits and threats of advancements in communications technology on this essential government accounting systems for disbursing funds.

Auditing: A Risk Based-Approach (MindTap Course List)
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ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter2: The Auditor’s Responsibilities Regarding Fraud And Mechanisms To Address Fraud: Regulation And Corporate Governance
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IFMIS has been instrumental in prudent and transparent use of public resources through increased visibility of financial transactions by the Government. It has also made it possible for integration with other government agencies hence enabling cross referencing of data which has greatly reduced any opportunities for fraud.

  1. Discuss the benefits and threats of advancements in communications technology on this essential government accounting systems for disbursing funds.

2. With your knowledge of AIS what are the controls and mitigation measures to avert

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