Research Project: Impact of Information Technology on Expenditure Cycle Activities, Threats, and Controls
Search popular business and technology magazines (Business Week, Forbes, Fortune, CIO, etc.) to find an article about an innovative use of IT that can be used to improve one or more activities in the expenditure cycle. Write a report that:
a. Explains how IT can be used to change expenditure cycle activities.
b. Discusses the control implications. Refer to Table 13-2, and explain how the new procedure changes the threats and appropriate control procedures for mitigating those threats. (Romney 411-412)
Romney, Marshall B., Paul Steinbart. Accounting Information Systems, 13th Edition. Pearson Learning Solutions, 2014-01-01. VitalBook file.