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strayer acc100 week 4 discussion 1 and 2

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Question;weeek 4 diss 1"Reporting Accuracy" Please respond to the following: Imagine you are a consultant hired to convert a manual accounting system to an automated system. Suggest the key advantages and disadvantages of automating a manual accounting system. Identify the most important step in the conversion process. Provide a rationale for your response.Identify key risk factors inherent in the automated process. Take a position on whether or not you believe that automation of accounting control systems reduce human error. Support your position.week 4 diss 2"Embezzlement in the Workplace" Please respond to the following: *From the e-Activity, describe the ways in which the fraud occurred, and identify which accounts were impacted in the case you researched. Describe the accounting method used to commit the fraud, where in the accounting process the fraud occurred, and the impact to users of financial statements. Provide specific examples in your response.Employee theft is a major problem in the U.S. retail industry. Information obtained from SecurityInfoWatch reported that 23 major retailers alone apprehended over 1.1 million shoplifters and dishonest employees, and recovered more than $189 million from these thieves in 2012. Identify at least four (4) internal controls effective in mitigating employee theft and / or fraud. Provide at least two (2) examples of internal controls that could be implemented to reduce theft in the U.S. retail industry.

 

Paper#38460 | Written in 18-Jul-2015

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