Case study 23

With regards to data integrity, many problems arise with the input of data into an ERP. Incorrect information being entered into the company's system can result in invalid and useless information being sent to government agencies such as the SEC. If I were in 5 internal audit, I would use Python to develop an application that would search through the company's data for invalid and incorrectly entered data. Due to Python's support across multiple platforms, it would be feasible to interface this data validation application with the ERP and quickly find errors in the data due to careless or rushed employees. Here, Python would create more effective data environment and reduce inefficiencies resulting in incorrect data being published or sent to various stakeholders. Another unique use of Python in auditing could be for information technology auditing. If I were an IT auditor looking to assess a company's IT security, I could use Python to attempt to gain unauthorized access to a company's data. Using Python, I would interface with the database management system such as SQLite or MySQL andattempt to use SQL injections to gain access to data I am not authorized to see (this scenario would most likely come about from a disgruntled or rogue employee). If the company has effective security procedures and database protection, I would not be able to access this data. Therefore, using Python code, coupled with SQL commands, I could test the effectiveness of IT security within a company and help the company potentially avoid severe losses of data.

1. Could you repeat that is the basic accounting equation_____?

2. Define executive accounting_____

3. Define public accounting-------

4. Pardon is a CPA_______?

5. Come again is a bank reunion statement______?

6. Pardon is the primary difference______ between free and cloistered accounting_____?

7. Could you repeat that is project enactment_______?

8. Why office standards are binding______?

9. Tag different twigs of accounting____

10. I'm sorry is the basic_____ modification between bookkeeping and examining____?