Exam 3 Topics 2011 Spring

Exam 3 Topics 2011 Spring - • Application Controls(30 o...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Acct 404 Exam 3 Topics Spring 2011 I anticipate 100 multiple choice questions. Internal Controls (25%)* o Sarbanes-Oxley Act of 2002 o COSO COSO cube, five component model Definition of internal control Control activities Authorization Supervision Adequate accounting records Access controls Independent verification Segregation of accounting duties Classes of control activities o Financial statement assertions Pervasive v. specific controls o Fraud Triangle Sources of fraud and risk Types and components of fraud General Computer Controls (20%) o Security (including issues related to biometric access controls and personal devices) o Segregation of MIS duties o Uptime controls Backups Contingency planning (five components of disaster recovery plan, types of facilities, etc.)
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: • Application Controls (30%) o Input controls (there are a lot of controls here and so there are lots of questions) Edit tests Default and lookup values Prompts Other o Processing controls Locks, prompts, etc. o Output controls • System Development Life Cycle (25%) o Four phases of the SDLC o Specific tasks within each phase o Role of the steering committee o Role of accountants o Characteristics of and how to achieve a successful system o Application of SDLC and control concepts to spreadsheets *Estimates of the relative weights of each section on the exam. These are only estimates because I haven’t created the exam yet....
View Full Document

This note was uploaded on 06/14/2011 for the course ACCT 404 taught by Professor Tuttle during the Spring '11 term at South Carolina.

Page1 / 2

Exam 3 Topics 2011 Spring - • Application Controls(30 o...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online