ACC 556 Week 2 Discussion

"Accounting Systems and Accruals"  Please respond to the following:

For this week's eActivity, research the most common threats to a computerized accounting system using the Internet and/or Strayer databases. Be prepared to discuss.

• Upon examination of the greatest threats to a computerized accounting system, suggest two (2) preventive measures or remedies that protect the system and/or mitigate any negative impacts to the system. Provide a rationale for your response.
• Pretend that you are a criminal and want to commit fraud by altering your company’s accruals. 
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• http://hwacer.com/Tutorial/acc-556-week-2-discussion/
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• Create a brief plan (approximately one [1] paragraph in length) of how you would commit the fraud. Predict the major potential resulting damage(s) to the company’s financial statements from the fraud.

Note: All students are required to post a minimum of two posts per online discussion thread. Students must have one original post and a minimum of one other post per discussion thread.  Click to review the Grading Rubric for Discussions.