Discussing how you might integrate the framework

Reference no: EM132315989

Assignment: Barrington's vice president of finance has expressed concern that the new accounting information system contains the security and controls necessary for the prevention of fraud and abuse. Barrington has previously experienced unauthorized data entry breach into its payroll system. You and your team have been researching available guidelines that address security and controls necessary and specifically address the concerns of the VP of finance. You have found that the Committee of Sponsoring Organizations of the Treadway Commission (COSO) has developed the Internal Control-Integrated Framework, which includes these guidelines.

Write a memo that includes:

• Discussing the COSO framework.

• Discussing how you might integrate this framework into the development of Barrington's new accounting information system.

• Address the prevention of security breach into the payroll system.

Reference no: EM132315989

Questions Cloud

Evaluating the capital investments of your selected company : Suggest a methodology to supplement the traditional methods for evaluating the capital investments of your selected company in the emerging markets to reduce.

Discussion is substantive and relates to key principles : Discussion is substantive and relates to key principles. Uses personal/professional examples demonstrating application of principles.

Explain how to calculate the ratio : ?Explain the difference between horizontal analysis and vertical analysis of a company's financial statements. Give the name of the ratio.

What types of companies are best suited for each : What are the advantages and disadvantages to each business structure? What types of companies are best suited for each?

Discussing how you might integrate the framework : Barrington's vice president of finance has expressed concern that the new accounting information system contains the security and controls necessary for the.

What specific ratios might you use to measure each : Why is the ability to measure the liquidity, solvency, and profitability of a company so important? What specific ratios might you use to measure each?

What was the purchase price of the building : What was the purchase price of the building? Write down all necessary adjusting journal entries for the end of December 2015.

Explain pressures associated with ethical decision making : Explain the pressures associated with ethical decision making at Farrows Bank. Evaluate whether the level of managerial hubris would have been decreased.

What is the amount and nature of the book-tax : What is the amount and nature of the book-tax difference to Coop associated with the dividend distribution ignoring the dividends received deduction?

User Account

All Pages