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Vu Do commented on the post, Week 3 Questions, on the site 8 years, 1 month ago
They must have a common key that relates both tables to one another. Something in one table has to have a relationship with the other in order for it to connect to one another. I know when working with SQL, some of the programs had to call another program in order for it to do a command. Both tables had a relationship with one another since they…[Read more]
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Vu Do commented on the post, Week 3 Questions, on the site 8 years, 1 month ago
Good point Brou, I can see why you would make accuracy the most important. The information auditors review must be accurate and free from errors or the results you provided would be inaccurate. It would not look good presenting your finish findings to the company and then finding out that information within the report are inaccurate. So it is very…[Read more]
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Vu Do commented on the post, Week 3 Questions, on the site 8 years, 1 month ago
Great points Said, agreed with all of them. I like the example you gave, the first step determination of requirement definitely is a human error. Because the said employee mess up by ordering the wrong parts, that lead to failure and the company cannot put any safeguard in for human error. The next step determination and vendor selection is where…[Read more]
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Vu Do commented on the post, Week 3 Questions, on the site 8 years, 1 month ago
Agreed Sean, Assertions are important to investors and business creditors. Providing assertions will show the creditors if the business is doing good or not so they can decide to provide loans or a line of credit like you said. Investors also rely on it to decide whether to invest or not. No one wants to invest in a business that is going downhill…[Read more]
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Vu Do commented on the post, Week 3 Questions, on the site 8 years, 1 month ago
What are key characters of relational database management systems?
Some of the characteristics of relational database management systems are data being store within tables that have relationship with each other. The data is set up in tables, rows, or even columns and they all must relate to each other either by a primarily or foreign key. To…[Read more]
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Vu Do posted a new activity comment 8 years, 1 month ago
3. Have you ever:
– Been victim of Fraud?
– Had evidence of, suspicions of fraud occurring?
– Been pressured (e.g. by an employer) to commit an act that was morally or legally questionable?
ExplainI have been a victim of fraud in the past with my credit card being used to purchase items in a different state. I had capital ones Credi…[Read more]
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Vu Do commented on the post, Week 2 Questions, on the site 8 years, 1 month ago
Why do we need control framework to guide IT auditing?
Control framework organizes the company’s internal controls through data structures. With it in place is crucial to helping guide IT auditing to know the processes in place for the organization. They also get the reassurance that they are performing their work in safe environment and in the…[Read more] -
Vu Do commented on the post, Week 2 Questions, on the site 8 years, 1 month ago
Great list, I liked how you put risk at the top. When conducting an audit, it is important to be sure that there is procedures in place to safeguard against threats. You do not want to be conducting an audit and then your system gets hack by an outside source due to no procedures in place to prevent attacks. Control framework establishes data…[Read more]
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Vu Do commented on the post, Week 2 Questions, on the site 8 years, 1 month ago
Agreed Said, control framework are like the rules the auditors must follow when doing their work. Control framework sets up the data structure within the organization like u said and the auditor must follow this guide when conducting their audit to make sure they are following the rules and regulations. Doing so when minimize the risk of error and…[Read more]
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Vu Do posted a new activity comment 8 years, 1 month ago
Explain the key IT audit phases
1. Planning
• Determine the objectives & scope of the audit
• Establish what your trying to accomplish
• Develop series of steps to be executed
Hand-off from the audit manager
Preliminary survey
Customer requests
Standard checklists…[Read more] -
Vu Do commented on the post, Week 1 Questions, on the site 8 years, 1 month ago
Agreed Sean, without understanding of technology, auditors can get mislead by employees trying to hide fraudulent information within the system. Like you said they must understand it and be able to go through it finding answers to questions they may have. Companies are using technology to house their information and auditors must be able to…[Read more]
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Vu Do commented on the post, Week 1 Questions, on the site 8 years, 1 month ago
I agree Said, control environment do set up rules in a way that the IT team must follow when conducting their work. There is a certain way management want things run and the IT team must follow that when they are working on a project. So thus, control environment affect IT in a major way by setting up these procedures in which they must follow.
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Vu Do commented on the post, Progress Report for Week Ending, March 22, on the site 8 years, 1 month ago
What is the purpose of all auditors having some understanding of technology?
The purpose of auditors understanding technology is so that they can access information about the company that may be only available through their technology. Companies are using technology to store important information now a days and auditors must be able to understand…[Read more] -
Vu Do commented on the post, Progress Report for Week Ending, March 22, on the site 8 years, 1 month ago
What issues did you identify from this video?
Some of the issues presented in the video were employees not caring about keeping information secure. They drop usb drives with important customer information unencrypted and easy to access with no pass code. Doors to offices were left open with no security for computers so that anyone is able to…[Read more] -
Vu Do commented on the post, Progress Report for Week Ending, March 1, on the site 8 years, 1 month ago
I agree with you Sean, SOX was needed to build the trust for the integrity of financial reporting. After companies like Enron and WorldCom, there had to be measures put in place to prevent anything like that from happening again. The public needs to know that they can trust what is being reported on companies financial sheets. SOX being there will…[Read more]
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Vu Do commented on the post, Progress Report for Week Ending, March 1, on the site 8 years, 1 month ago
Agreed, for a profit-driven control the company would buy lower cost software which will maximize the profitability of the company. I like how you explained the example with the Adobe Arcobat and Nitro Pro 9. If both software function the same and both can be use on the project, why go with the higher cost. Each project has a limit for the amount…[Read more]
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Vu Do commented on the post, Progress Report for Week Ending, March 1, on the site 8 years, 1 month ago
I like your definition Sean, control environment has to have the right policy and procedure in place for employees to understand. Everyone must follow it and if they all agreed upon it, then it will produce a positive outcome. It is like having rules in place and if no one likes the rules then it will have a negative impact on the results they…[Read more]
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Vu Do posted a new activity comment 8 years, 1 month ago
1. Describe a business process you have experienced (either as an external or internal participant) and what your role was.
When I was working as an Associate Application Developer for Highmark BlueCross BlueShield, I was assign the task of fixing the ID Card phone number in the back. The process for the ID Card was as follow:1. The customer…[Read more]