ACC 622 (ACC 622)

ACC 622 Topic 7 DQ 1 Explain one way the external auditor's responsibilities regarding a public company's system of internal controls have changed since SAS 78 became effective in the late 1990s. Were these changes necessary? Do you believe the changes have been effective at reducing risk for the company and the users of the financial statements? Explain your rationale. In your response, do not use the same reasoning that has already been posted by a classmate. ...

ACC 622 Topic 1 DQ 1 Describe how the use of data flow diagrams and flowcharts can help the external auditor of a publicly traded company evaluate management's assessment of the company's internal control structure and attest to its accuracy in order to meet the requirements of the Sarbanes-Oxley Act (SOX) of 2002, as updated by legislation. Thank you, Raquel! I agree witht you that without the use of flowcharts ...

ACC 622 Topic 8 DQ 2 Many large companies use an electronic data interchange (EDI) to communicate with key customers and suppliers. Explain the benefits and risks involved when companies use EDI. Explain one way that the use of EDI affects internal controls and the auditor's testing. In your response, do not use the same benefits and risks that have already been posted by a classmate.

ACC 622 Topic 8 DQ 1 Select one method an auditor can use to audit through the computer system. Explain how the method works, any risks associated with the method, and how you would justify using the method from a cost-benefit perspective. In your response, do not use the same methodthat has already been posted by a classmate.

ACC 622 Topic 7 DQ 2 Explain two of the risks companies face when outsourcing the IT function. How can the risks you explained be overcome? In your response, do not use the same two risks associated with outsoucing IT that have already been posted by a classmate.

ACC 622 Topic 7 DQ 1 Explain one way the external auditor's responsibilities regarding a public company's system of internal controls have changed since SAS 78 became effective in the late 1990s. Were these changes necessary? Do you believe the changes have been effective at reducing risk for the company and the users of the financial statements? Explain your rationale. In your response, do not use the same reasoning that has already been posted by a classmate.

ACC 622 Topic 7 DQ 1 Explain one way the external auditor's responsibilities regarding a public company's system of internal controls have changed since SAS 78 became effective in the late 1990s. Were these changes necessary? Do you believe the changes have been effective at reducing risk for the company and the users of the financial statements? Explain your rationale. In your response, do not use the same reasoning that has already been posted by a classmate.

ACC 622 Topic 6 DQ 1 When a new system is being considered, one of the questions is whether or not to survey the current system. Discuss the advantages and disadvantages to surveying the current system. Also comment on another student's response. The initial response should be at least 250 words. In your response, do not use the same advantages and disadvantages that have already been posted by a classmate.

ACC 622 Topic 5 DQ 2 Explain how the increased use of e-commerce, including electronic data interchange (EDI), by businesses has affected the auditor or accountant. In your response, do not use the same reasons e-commerce has increased that have already been posted by a classmate.