Page 167 - Accounting Information Systems

138 PART I Overview of Accounting Information Systems

Committee of Sponsoring Organizations of the Treadway management responsibility (128)
Commission (COSO) (131) monitoring (134)
computer ethics (112) non-cash fraud (127)
computer fraud (127) ownership (114)
conflict of interest (125) pass through fraud (127)
control activities (134) pay-and-return (127)
control environment (132) payroll fraud (127)
corrective controls (131) preventive controls (130)
corruption (125) privacy (114)
detective controls (130) Public Company Accounting Oversight Board (PCAOB) (124)
economic extortion (125) reasonable assurance (128)
employee fraud (117) risk assessment (133)
ethical responsibility (112) Sarbanes-Oxley Act (SOX) (116)
ethics (112) shell company (127)
expense reimbursement fraud (127) skimming (126)
exposure (129) security (114)
fraud (117) segregation of duties (135)
fraud triangle (118) Statement on Auditing Standards (SAS) No. 78 (131)
fraudulent statements (122) Statement on Auditing Standards (SAS) No. 99, Consideration
general controls (134) of Fraud in a Financial Statement Audit (117)
illegal gratuity (125) supervision (136)
internal control system (128) thefts of cash (127)
lapping (126) transaction authorization (135)
mail room fraud (126) vendor fraud (126)
management fraud (118) verification procedures (137)

Review Questions

1. What is ethics? 12. What are the computer ethical issues regarding
2. What is business ethics? equity in access?
3. What are the four areas of ethical business 13. What are the computer ethical issues regarding
issues? the environment?
4. What are the main issues to be addressed in a 14. What are the computer ethical issues regarding
business code of ethics required by the Securities artificial intelligence?
and Exchange Commission? 15. What are the computer ethical issues regarding
5. What are three ethical principles that may provide unemployment and displacement?
some guidance for ethical responsibility? 16. What are the computer ethical issues regarding
6. What is computer ethics? misuse of computers?
7. How do the three levels of computer ethics—pop, 17. What is the objective of Statement on Auditing
para, and theoretical—differ? Standards No. 99?
8. Are computer ethical issues new problems or just 18. What are the five conditions that constitute fraud
a new twist on old problems? under common law?
9. What are the computer ethical issues regarding 19. Name the three fraud-motivating forces.
privacy? 20. What is employee fraud?
10. What are the computer ethical issues regarding 21. What is management fraud?
security? 22. What three forces constitute the triangle of fraud?
11. What are the computer ethical issues regarding 23. How can external auditors attempt to uncover
ownership of property? motivations for committing fraud?