Explain how COBITs four information criteria of effectiveness, efficiency, compliance, and reliability relate to the COSO internal

Question:

Explain how COBIT’s four information criteria of effectiveness, efficiency, compliance, and reliability relate to the COSO internal control framework objectives.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Accounting Information Systems The Crossroads of Accounting & IT

ISBN: 978-0132991322

2nd Edition

Authors: Donna Kay, Ali Ovlia

See More Books

Question Posted: Feb 20, 2015 07:58 AM

See More Questions

COSO developed two frameworks: the COSO Internal Control framework 2.0 and the COSO ERM framework. Why did COSO develop the ERM framework? What are the differences between the two frameworks?
The COSO internal control framework identifies five internal control components. Which of those components is most relevant to the procedures that SOX mandates public companies establish to enable,...
The COSO internal control framework identifies five components of an entity's internal control. Which, if any, of those five components of Avon's internal control were flawed? Explain. If there were...
(b) (i) What is the smallest natural number n, such that n!> 2" (ii) Prove that n !> 2" is true any natural number greater than or equal that number. (c) Given a finite set of natural numbers ACN....
Draw both the money market and bond market in equilibrium. Next, explain, and show diagrammatically, show what happens to the interest rate and the price of bonds as a result of the Feds decreasing...
Explain why a production quota is inefficient.
Audience Scores on Rotten Tomatoes The variable AudienceScore in the dataset HollywoodMovies gives audience scores (on a scale from 1 to 100) from the Rotten Tomatoes website. The five number summary...
One of the biggest changes in higher education in recent years has been the growth of online universities. The Online Education Database is an independent organization whose mission is to build a...
At the beginning of 20x7, the accounts receivable had a beginning balance of $20,000 and allowance for doubtful accounts had a beginning credit balance of 3,000. The following information occurs...
A 100 kg block of solid is moved upward by an external force F as shown in the accompanying figure. After a displacement of 10 cm, the upper surface of the block reaches a linear spring at its rest...
Compare and contrast COSOs Internal ControlIntegrated Framework and COBITs framework. Use the following organizer for your answer Compare (Same) andContrast (Different)
Refer to Figure 10.5 that contains mapping for COSO and COBIT frameworks. Select one of COSO internal control components and discuss how it maps to the COBIT domain(s) for IT processes.
How many electrons does it take to make the mass of one proton?
Using strict scrutiny review, under what circumstances can a state abridge fundamental rights?
Are you able to use the present-value look-up table now? Would you prefer a computer to compute it?
What are some of the benefits of the common law approach?
Are general administrative expenses considered to be product or period expenses?
How has the due process clause of the 14th Amendment been applied by the Supreme Court?
Differentiate. y = sin x/x 2
A statistical study shows that the fraction of television sets of a certain brand that are still in service after x years is given by f (x) = e-0.15x. (a) What fraction of the sets are still in...
Identify the purpose of an action for breach of promise, and describe why such causes of actions were eliminated.
The payment of dividends reduces cash. If the Cash account is reduced with a credit, why is the Dividends account debited when dividends are paid?
If Cash is increased with a debit, why does the bank credit your account when you make a deposit?
Your friend presents the following criticism of the accounting system: Accounting involves so much duplication of effort. First, entries are recorded in a journal; then the same information is...
Of what use are government and business budgets to reporters and where would an agency or business hide spending that it wasn't especially interested in sharing with the public? (Please keep in mind...
Mom and Dad owned a house as tenants by the entirety until Dads death last year. Mom then transferred the house to herself as life tenant, with the remainder to her son Sonny as remainderman. Just...
Write a brief story of your life and career to date. Why and how have you become who you are today? What are your strengths and weaknesses? Now write your story again through the eyes of people who...

Explain how COBITs four information criteria of effectiveness, efficiency, compliance, and reliability relate to the COSO internal

Question:

Step by Step Answer:

COSO internal control objectives COBIT 4 information ...View the full answer

Accounting Information Systems The Crossroads of Accounting & IT

Students also viewed these Accounting questions