Information System Audit in Indian Banks CA Bharatish Ballal Information systems and audit Information itself is an important asset in today’s business. If information is lost‚ modified‚ misused huge loss can occur to business. Hence information security becomes important for any business. Information system in business including that of banking is becoming technology oriented. Computers are being used in all the areas of business including that of financial accounting. Internal
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Cisco Systems‚ Inc.: Implementing ERP - Himabindu Donga At the start of the case‚ Cisco’s information systems are failing‚ yet no one steps forward to lead the effort to replace them. Why is this? Why were no managers eager to take on this project? The managers at Cisco were apprehensive about the risk involved in converting the existing legacy systems with ERP systems. They were worried because they thought that the implementation of ERP systems would turn out to be a “mega project†consuming
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Hornet Consulting company INC. Contacts: Tell (916) 952 -9110 E-mail: santisoltero1@gmail.com Date: October 31‚ 2016 To: Kevin Lovelace‚ Manager From: Santiago Soltero‚ Assistant Manager Subject: 360-Degree performance system This response is about a recent issue related to improving the performance appraisal of employees of Hornet consulting company Inc. The meeting confirmed that our organization is contemplating to add the 360-degree feedback system to evaluate employee performance and
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LAW OF CONTRACT NOTES INTRODUCTION. A contract is an agreement between two parties which is enforceable by law.An agreement is made when a person signifies his willingness to do or to abstain from doing anything with a view of obtaining the assent of the other party. Such act or abstinence is said to make a proposal.The person making the proposal is called the offeror and the person accepting the proposal is called the offeree TYPES OF CONTRACTS: Contracts may be classified into: -Written
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misstatement‚ the loss was caused by reliance on the materially misstated statements‚ and auditors were aware that the financial statements contained a material misstatement. This difference exist because people would buy shares after they know that a company is going bankrupt and in making the burden of proof on the plaintiff it would take that away. In the SEC act of 1933 the plaintiffs only have to prove that they suffered an economic loss and the statements there were material misstatement. By having
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Customer Relationship System Introduction Customer relationship system or we called it CRM‚ which is the one of the information system that has been used by Prudential Assurance Malaysia Berhad. Customer relationship management is a type of software application. Employees can manage customer information by using CRM. The relationship between company and their customers can be grown in long-term and stable. This system’ primary concept is to keep the business operational through finding and maintaining
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PROJECT REPORT “Cash Management and Fund transfers in Banks with the IT logistics” Table of Contents Chapter 1 2 1.0 Introduction 2 Chapter 2 3 2.0 Objectives‚ Scope and Methodology 3 2.1 Objectives 3 2.2 Scope 3 2.3 Methodology 4 Chapter 3 5 3.0 BANKING WITH TECHNOLOGY 5 Chapter 4 9 4.0 Different aspects of IT based funds transfer in banks 9 4.1 Electronic Funds Transfer: 9 4.2 National Electronic Fund Transfer (NEFT) 11 4.3 Real Time Gross Settlement
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goes perfectly fine when a computer system is involved. It could be something as simple as a bad cable or it could be as horrible as a hacker trying to steal all of your information. Either way‚ it probably isn’t going to end well. Additionally‚ the FBI and the Computer Security Institute‚ in their annual survey on computer crime and information security‚ gathered the following disturbing facts in 1998: 1) 64 percent of respondents reported a security breach in 1998 — up 16 percent from the previous
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A contract -is a legal agreement that occurs between two or more parties. It can be a written or spoken agreement that can concern employment‚ sales‚ or tenancy. Parties or members involved‚ enter voluntarily into this agreement. Every contracts involve two persons they are the: Offeror and Offeree. The offeror is the one who offers to enter into a contract and the Offeree is the one to whom the contract is being offered Elements of a contract: Agreement‚ Lawful object‚ consideration and contractual
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BREACHING A CONTRACT First What is a Contract? A Contract is defined as a binding agreement between two or more persons or parties; Especially; One legally enforceable. When signing a contract the person signing signs the contract‚ to render services for a certain amount of time or for a certain amount of material‚ which is labeled a term in the agreement. In every contract there are certain duties and rules that are to be followed and obeyed. When disobeyed or rules are broken then that leads
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