Question: response each question, pleasecite your sources. 1- Why are IT systems important for accountants to understand? What impact does technology have on the field of

response each question, pleasecite your sources.

1- 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.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!