ACC 3202 ch13

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Unformatted text preview: B) Chapter 13-54 SO 8 Distributed databases and advantages of the use of distributed data Cloud-Based Databases Cloud-Based Databases Providers of cloud-based database services include companies like Amazon (Amazon Elastic Compute Cloud), Google (Google Cloud Storage), Microsoft (Windows Azure), and IBM (IBM Smart-Cloud). A company can buy data storage from these providers. Arrangement is Database as a Service (DaaS). Cloud provider generally provides ► ► Chapter 13-55 data storage space and software tools to manage and control the database. SO 09 Cloud-based databases IT Controls for Data and Databases IT Controls for Data and Databases To ensure integrity (completeness and accuracy) of data in the database, IT application controls should be used. These controls are ► input, ► processing, and ► output controls such as 1. data validation, 2. control totals and reconciliation, and 3. reports that are analyzed by managers. Chapter 13-56 SO 10 Controls for data and databases Discussion of ACCESS Chapter 13-57 Chapter 13-58 Chapter 13-59 Ethical Issues Related to Data Collection Ethical Issues Related to Data Collection Ethical Responsibilities of the Company Data collected and stored in databases in many instances consist of information that is private between the company and its customer. Ten privacy practices for online companies: 1. Management 2. Notice 7. Disclosure to third parties 3. Choice and consent 8. Security for privacy 4. Collection 9. Quality 5. Use and retention Chapter 13-60 6. Access 10. Monitoring and enforcement SO 11 Ethical issues related to data collection and storage, and their use in IT systems Ethical Issues Related to Data Collection Ethical Issues Related to Data Collection Ethical Responsibilities of Employees Employees have an ethical obligation to avoid misuse of any private or personal data about customers. There are no specific IT controls that would always prevent authorized employees from disclosing private information. Chapter 13-61 SO 11 Ethical issues related to data collection and storage, and their use in IT systems Ethical Issues Related to Data Collection Ethical Issues Related to Data Collection Ethical Responsibilities of Customers Customers have an obligation to ► ► keep any known company information confidential. ► Chapter 13-62 provide accurate and complete information. avoid improper use of data that they gain from accessing a database as a customer. SO 11 Ethical issues related to data collection and storage, and their use in IT systems DATABASE SYSTEMS AND THE DATABASE FUTURE OF ACCOUNTING FUTURE Database Database systems may profoundly affect the fundamental nature of accounting: the May May lead to abandonment of double-entry accounting, because the redundancy of the double entry is not necessary in computer data processing. processing. May also alter the nature of external reporting. EXAMPLE: EXAMPLE: External users could have access to the company’s database and manipulate the data to meet company’s their own reporting needs. their Chapter 13-63 DATABASE SYSTEMS AND THE DATABASE FUTURE OF ACCOUNTING FUTURE Accountants Accountants must become knowledgeable about databases so they can participate in developing the AIS of the future. developing They must help ensure that adequate They controls are included to safeguard the data and assure its reliability. and Chapter 13-64...
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This note was uploaded on 03/30/2014 for the course ACC 3202 taught by Professor Baron during the Spring '12 term at CUNY Baruch.

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