1. Explain why more complete and accurate disclosure by banks and other financial institutions may help to resolve financial problems.
2. Discuss the advantages of using continuous auditing. Provide examples. Use your own words (no cutting and pasting).
3. Thinking about the concepts in COSO regarding the importance of the Internal Environment in the overall internal control and overall risk management frameworks, which factors included in COSOs Internal Environment could impact, especially negatively, the quality, privacy, and confidentiality of vendor data entered into the information system? Use your own words (no cutting and pasting).