Two Accounting Discussions
I need 200 words Initial Post for both discussions plus i need the replies on other student, I will send the replies later when they become available. No Plagiarism. Due in 12 hours. I attached the CSO framework for week 3 discussion code for Professional conduct for week 1 discussion.
Week 3 Discussion
Read the 2013 CSO Framework and SOX Compliance: One Approach to an Effective Transition [PDF].
Support or critique the idea that the Committee of Sponsoring Organizations of the Treadway Commission (COSO) transition would strengthen internal controls over financial reporting in publicly traded companies. Provide your rationale.
Week 4 Discussion
Evaluating data reliability is a critical part of the audit process. Explain the differences among the following in terms of reliability:
- Data from internal versus external sources.
- Written data versus verbal conversation records.
- Data obtained from direct versus indirect methods.
- Data obtained from original documents versus electronic scans.
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