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What Impact of Technology on Internal Controls ?

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 asked

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8 Answers
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

Although, it is true that technology plays an important role in helping organizations to achieve their goals. Here you can get a senior web developer salary to learn more new things related to development. But, it has also led to certain changes within internal controls, especially regarding bank auditing standards. This article will examine key areas related to technology and its impact on bank internal controls.

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

Impact of Technology on Internal Controls: The internal controls within an enterprise in a computerized environment encompass the goal of asset safeguarding, data integrity, system efficiency and effectiveness. These are: Personnel, Segregation of duties, Authorization procedures, Record keeping, Access to assets and records, Management supervision and review, Risks due to concentration of programs and data.

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

Impact of Technology on Internal Controls: The internal controls within an enterprise in a computerized environment encompass the goal of asset safeguarding, data integrity, system efficiency and effectiveness. These are: Personnel, Segregation of duties, Authorization procedures, Record keeping, Access to assets and records, Management supervision and review, Risks due to concentration of programs and data. Internal controls comprise of the following five interrelated components: Control

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

**Impact of Technology on Internal Controls**: The internal controls within an enterprise in a computerized environment encompass the goal of asset safeguarding, data integrity, system efficiency and effectiveness. These are: Personnel, Segregation of duties, Authorization procedures, Record keeping, Access to assets and records, Management supervision and review, Risks due to concentration of programs and data. Internal controls comprise of the following five interrelated components: Control Environment, Risk Assessment, Control Activities, Information and Communication, Monitoring.

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