Provide a 4 paragraph detailed response for each question, please cite your sources Why are IT systems important for accountants to understand What impact does technology have on the field of accounting 2 Why must we as accountants understand risk and conduct risk assessments Do you think an audit could be performed without conducting a risk assessment Discuss some of the pros and cons of having a risk assessment to an organization

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Question: Provide a 4-paragraph detailed response for each question, please cite your sources. Why are IT systems important for accountants to understand? What impact does technology

Provide a 4-paragraph detailed response for each question, please cite your sources.

Why are IT systems important for accountants to understand? What impact does technology have on the field of accounting?

2. Why must we as accountants understand risk and conduct risk assessments? Do you think an audit could be performed without conducting a risk assessment? Discuss some of the pros and cons of having a risk assessment to an organization.

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