SYSTEMS DEVELOPMENT ANALYSIS
SYSTEMS DEVELOPMENT LIFE CYCLES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Making the information system is not related to financial transactions
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Making information systems related to financial transactions
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All answers are correct
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Information system products produced through SDLC, the quality of accounting information/transactions depends on the quality of SDLC activities that produce accounting information systems
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Information system products produced through SDLC, the quality of accounting information/transactions does not depend on the quality of SDLC activities that produce accounting information systems
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Detailed explanation-1: -IT practitioners develop business applications following the Systems Development Life Cycle (SDLC). IS auditors are in place to ensure the controls are implemented to mitigate the risks of developing application systems throughout the SDLC.
Detailed explanation-2: -Accountants are users and must provide a clear picture of their problems and needs. Accountants are members of the development team. Accountants are involved in systems development as auditors to ensure the system is designed with appropriate computer audit techniques.
Detailed explanation-3: -Managerial accountant-The managerial accountant is usually involved in the analysis phase as designers assess their needs as users. The project development team may also ask the accountant to help with an economic feasibility analysis.
Detailed explanation-4: -Accountants and auditors prepare and examine financial records, identify potential areas of opportunity and risk, and provide solutions for businesses and individuals. They ensure that financial records are accurate, that financial and data risks are evaluated, and that taxes are paid properly.