Auditing Cases 6th Edition by Mark Beasley,Frank Buckless,Steven Glover,Douglas Prawitt

تمرين 1

The proposed new IT-based sales accounting system will be cloud-based and St. James will access the underling software via online access. Visit the website of the Committee of Sponsoring Organizations of the Treadway Commission (COSO) (www.coso.org) to obtain a free copy of COSO's thought paper, Enterprise Risk Management for Cloud Computing, to answer the following questions:
[a] What is cloud computing
[b] What benefits, if any, would use of cloud computing for the sales system provide St. James
[c] What risks, if any, would the use of cloud computing for the sale system impose on St. James