ACCT90030 - Information Processes & Control

The course code ACCT90030- Processes and Controls in Information Systems reviews the way in which accounting information systems facilitate decision making, risk management, and rely on the system of internal controls. It addresses system design and data integrity within the context of cybersecurity and governance models for a trusted financial and operational reporting framework.

Sample Questions & Answers

Q1 What is the primary benefit of internal controls in accounting systems?

Apply checks and balances systematically to protect assets, maintain the accuracy of data, and encourage adherence to policies and regulations.

Q2 In what ways has information technology enhanced the accounting function?

It is now possible to improve the quality of financial data by making it more timely and accurate through automation and through the integration of business activities (which IT makes possible), as well as by using financial data derived from them.