Term Paper : Acc569

1851 WordsApr 30, 20148 Pages
09 The Importance of Forensic Accounting in Information systems auditing in today’s Business Environment. Why the Forensic Accounting becoming more important for systems auditing? Charles Brown ACC 569 Chapter 1. Introduction Todays business is not be possible to run without Information systems. Using Information Systems, business management are able to fulfill the demand of today’s customers. But there are a lot of risks and fraud issues are involved in using Information System. So the auditors need to considers those risks, that is called systems auditing. Forensic accounting is the most considerable and popular topic for any kind of auditing. Forensic accounting is the subject that includes the auditing process and all kind of rules and regulations for auditors. This paper will indicate the relation between Information Systems auditing and forensic accounting concerning information systems auditing. Topic The importance of Forensic Accounting in Information Systems auditing in today’s Business Environment. Problem Statement Now a Day, Why is Forensic Accounting becoming more important than before concerning Information Systems Auditing? Chapter 2: Literature review Accounting — Recording and reporting of financial transactions, including the origination of the transaction, its recognition, processing, and summarization in the financial statements Information Systems Auditing Information Systems Auditing provides necessary skills to audit controls in the information technology applications and systems of an organization. Role of an Information System Auditor includes evaluating and encouraging organizations to maintain appropriate standards, procedures and controls for information systems. Importance of auditing information systems has grown over the years due to rapid advances in information technology (IT) as well as the unprecedented

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