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Discussion Topic
Research the most common threats to a computerized accounting system using the Internet.
- Upon examination of the greatest threats to a computerized accounting system, suggest two (2) preventive measures or remedies that protect the system and/or mitigate any negative impacts 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 plan (approximately one [1] paragraph in length) of how you would commit the fraud. Predict the major potential resulting damage(s) to the company’s financial statements from the fraud.
Explanation & Answer
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Threats to Computerized Accounting
A study on the threats to computerized accounting in Jordan studies the main threat to
computerized accounting. The result was that the employees did not protect the data. They could
share their passwords, and they could use their computers for other users including downloading
personal files from unknown sources (Hanini 53-63). In Egypt, a similar study concurred with
the same, with additional threats being attacks by cybercri...
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