Discuss three potential exposures or risks within

Reference no: EM133506324

Question: Companies, businesses, individuals, and Boards' risk-related responsibilities at financial services companies have intensified, with governance of Information Technology risk becoming increasingly critical.

However, IT risk may be the one risk that the typical financial services Board member may be least prepared to oversee. More specifically, many do not understand how to tackle risks within the general ledger and financial reporting system, as this system plays a central role in businesses and has many impacts on many other systems.

Required:

Discuss THREE (3) potential exposures or risks within the general ledger and financial reporting system, and the FIVE (5) main control issues within that same sub system.

Reference no: EM133506324

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