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.
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.
Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter3: Internal Control Over Financial Reporting: Responsibilities Of Management And The External Auditor
Section: Chapter Questions
Problem 27CYBK
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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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