Question: As you know, many firms have and will continue to outsource their core systems, including accounting systems. While there are many benefits to outsourcing, it

As you know, many firms have and will continue to outsource their core systems, including accounting systems. While there are many benefits to outsourcing, it does not relieve the firm of auditing the IT controls in these systems. Identify discuss at least three risks that firms have when outsourcing their accounting systems in relations to auditing the IT controls of these systems

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