Information Technology Acts Paper BIS/220 December 17‚ 2012 Information Technology Acts Paper The advances in information technology have resulted in new ethical issues necessitating the creation of many important acts. Two in particular acts are Health Insurance Portability and Accountability Act (HIPAA) and Children’s Internet Protection Act (2000). Both of these acts were implemented to protect humans from harmful content and healthcare information. The Health Insurance Portability and
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8-16 (Analytical procedures) In audit planning the audit of Circuits Technology‚ Inc. (CTI). CTI resells‚ installs‚ and provides computer networking products (client software‚ gateway hardware and software‚ and twinax hardware) to other businesses. Figure 8-14 provides some summary information from CTI’s financial statements. Required a. Calculate purchases‚ gross margin‚ inventory turn days‚ accounts receivable turn days‚ and accounts payable turn days for the years ended 20x2‚ 20x3‚ 20x4‚ 20x5
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Advantages of management accounting information The provision of management accounting information are for the intention of planning‚ control and decision making which may contribute to the success of an organization. Management accounting is the process of gathering information about economic activity that will be advantageous for the organization. For the planning of an organization‚ the manager can use the historical‚ present and future information obtained from management accounting which based on the
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may make a company more attractive to potential buyers‚ investors‚ and other capital sources. Under SOX Section 404‚ all publicly traded U.S. corporations are required to maintain an adequate system of internal controls. Corporate executives and boards of directors must ensure that these controls are both reliable and effective. Public Offering The transformation of going from a private to public requires some extensive planning and preparation. It is recommended that LJB‚ being a relatively
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economic climate. Information and Communication Technology (ICT) is at the centre of this global change curve. Laudon and Laudon‚ (1991) contend that managers cannot ignore Information Systems because they play a critical role in contemporary organisation. They point out that the entire cash flow of most fortune 500 companies is linked to Information System. The application of information and communication technology concepts‚ techniques‚ policies and implementation strategies to banking services
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ethical decisions that a technology user must make fundamentally different than those facing the ordinary person? No‚ because it is difficult to resolve competing interests no matter what the nature of action or behavior is contemplated. Is the existence of competing interests ’ reason enough to impose a set of rules‚ or codes of conduct‚ within the technology environment? Unfortunately‚ the large number of activities‚ and their complex nature‚ conducted by information technology professionals‚ and
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President! From: Mark Buchanan CC: Date: 11/22/2011 Re: Internal Control Evaluation Going Public: All publicly traded companies in the United States are required to maintain an adequate system of internal controls per the Sarbanes Oxley ACT of 2002 or SOX. Corporate executives and boards of directors must ensure that these controls are reliable and effective. In addition independent auditors must attest to the adequacy of the internal control system. Companies that fail to comply are subject to fines
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that it was appropriate for Ernst & Young to decide not to rely on AA Capital’s internal control during 2004. The E&Y took the required (Sarbanes-Oxley) precaution of conducting and audit of the internal control system over financial reporting which led to the discovery of the $1.92 million of cash transfer made to Orecchio; even though it did not stop the fraud. Auditors can choose not to rely on a client internal control after obtaining and understanding the client’s system and the auditors determine
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Question 1: Describe the Internet properties that affect marketing and the fundamental changes the Internet has brought to marketing. Answer: According to Strauss and Frost (2009)‚ the Internet properties have affected the way marketing should be done and delivered to the consumers. 1. Internet data is sent in bits and not in atoms – all the data and information are being stored and sent to the consumers in digital form. The digital form cannot be touch‚ tasted or smelled. In contrast to other
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TRADE AREA PROJECT TITLE: INFORMATION TECHNOLOGY AND ORGANISATIONAL PERFORMANCE PRESENTED BY: DAVID MUREITHI MAINA INDEX No. 401001144 COLLEGE No. 108/08056 COURSE CODE: 2806/308B A PROJECT SUBMITTED TO KENYA NATIONAL EXAMINATION COUNCIL IN PARTIAL FULFILMENT FOR THE AWARD OF A DIPLOMA IN BUSINESS ADMINISTRATION. INSTITUTION: THE KENYA POLYTECHNIC UNIVERSITY
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