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WEEK 2 DISCUSSION
“Accounting Systems and Accruals” Please
respond to the following:
- From the e-Activity, examine
the greatest threats to a computerized accounting system. Suggest two (2)
preventive measures or remedies to protect the system and / or mitigate
negative impact to the system. Provide a rationale for your response.
- Pretend that you are a criminal
and want to commit fraud by altering your company’s accruals. Create a
brief (one [1] paragraph) plan for committing the fraud. Predict the major
potential resulting damage to the company’s financial statements from the
fraud.
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