Wenlin Zhou

Consider the list of financial and accounting controls. Rank them. Which to you believe is the most important, the least. Why?

Internal control is a process — effected by plan management and other personnel, and those charged with governance, and designed to provide reasonable assurance regarding the achievement of objectives in the r…[Read more]

I agree with you. The Authorization Control is the most important. The main reason is that Authorization is the basis by which the authority to complete the various stages of a transaction is delegated. These stages include the processes of Recording (initiate, submit, process), Approving (pre-approval, post entry review), and Reconciling. All…[Read more]

of course，I agree with you. Businesses focus more on network security than they do on software security controls like those in SAP. The biggest threat of a company is its employees in the internal control. What’s more, I think the internal control can strength the network security. Internal controls should not be thought of as “static.” They are a…[Read more]

What is the relevance of only being able to have one posting period open at a time for real time postings? What does this prevent from happening?

You define posting periods in your fiscal year variants. You can open and close these posting periods for posting. As many periods as you require can be open for posting simultaneously. Usually, only…[Read more]

How to the step 10, “Move the MySQL data directory to the RAID-5 volume you just created”, which means using the My SQL Workbench move the data to the windows server 2012?

Article: Back to School Security for iPads in the Classroom
As a provider of Apple-centric security solutions, SecureMac has outlined five of the top challenges faced when deploying iPads in a school setting, along with solutions that leverage the benefits of this powerful new technology in a safe and secure manner.

Problem faced by schools:…[Read more]

How the do this step Add “Domain Users” to the “Remote Desktop Users” group on TUA12345-WS1 in tech-challenge 3? where is the remote desktop users group?

I solved this issue, choose the third one.

“Active Directory Domain Services Configuration Wizard” need select the deployment operation, which one should I choose? (1) Add a domain controller to an existing domain; (2) Add a new domain to an existing forest; (3) Add a new forest. What’s more, the specify the domain information for this operation should enter tuf123456.local? is it right?

Are the terms Business Continuity Plan (BCP) and Disaster Recovery Plan (DRP) synonyms or are they different? If they are different, what are the differences?

Disaster recovery is the process by which you resume business after a disruptive event. The event might be something huge-like an earthquake or the terrorist attacks on the World Trade…[Read more]

Of course, I agree with you. some company did not research, so the SLA may hard to achieve their goals. Using the benchmarks and goals can help the SLA more effective. And the penalties can prompt the company to achieve the SLA goals.

Alexandra，I am not agree with you. The traditional accounting will be combine with IT technology, this is the developing industry. In the future, the accounting or finance employee should know the IT knowledge.

Good explaining. Organizations use outsourcing as a strategic initiative to improve customer service, quality and reduce costs. Outsourcing can be a permanent or temporary arrangement to bridge the gap in staffing, to learn better quality techniques or improvement of faulty product design.

Absolutely，I agree with you. SAP is a common using type system of ERP, which collect and organize data to provide information to manager to make decision. General I/T controls should protect SAP system integrity, availably and confidentially.

Exactly, I agree with you. Companies operating in emerging markets face heightened corruption risks, increased oversight, and the need to comply with an increasing number of anti-corruption laws. International company should focus on the compliance control, different countries have different regulations.

Outsourcing and SLA audit questions

• What audit worksheets are going to be used?
• Do you want the auditor to use your standard audit worksheets or are you are open to using theirs?
• What support is needed to monitor and track corrective actions that must be established?
• Will you want the auditor to follow up on corrective actions…[Read more]

Explain common SLA issues identified by auditors
• Availability and timeliness of services;
• Confidentiality and integrity of data;
• Change control;
• Security standards compliance, including vulnerability and penetration management;
• Business continuity compliance; and
• Help desk support.…[Read more]

What controls can be implemented to mitigate the risks associated with outsourcing?

Pick a transparent vendor with proven risk management processes.
There are a large number of vendors out there, and most will claim that they have risk mitigation practices in place. While you’re choosing your strategic partner, make sure to ask them how they h…[Read more]

What are the benefits and risks of out-sourcing?
Benefits-Save Money
While companies that outsource IT services enjoy many benefits, saving money is one of the most compelling reasons for doing so. Outsourcing helps control capital outlay, especially in the early years of operations. IT services make up fixed costs for companies that do not…[Read more]