• Explain management's responsibility relative to internal controls and maintaining the integrity of the accounting information systems.
• Discuss the implications of computer technology on the internal control structure and auditing procedures. Develop data flow diagrams and accounting cycle flow charts that illustrate the relationship between information systems and the accounting process.
• Describe at least two audit tests and procedures designed specifically to assess control risks and the integrity of internal controls over accounting information systems.

Accounting Information System

• Summarize the primary information flows within the business environment and evaluate the relationship between traditional accounting records and their magnetic equivalents in computer-based systems.
• Explain and analyze the differences between batch and real-time processing and the impact of these technologies on transaction processing.
• Explain of the benefits of adopting an REA approach to information systems compared to a traditional approach.
• Discuss the general functionality and key elements of ERP systems and understand of the key considerations and risks associated with ERP implementation.
• Explain the Internal control system, its role in a business and its significance in the auditing process.
• Discuss the use of computer assisted auditing techniques within GAAS, PCAOB, and COSO requirements for audits of publicly traded companies.