How can functional systems assist with fraud detection and c

How can functional systems assist with fraud detection and compliance issues? Give examples of each system and the function it supports in regard to compliance.

Solution

The accounting information systems prevent disbursements that have not been previously schedules in the system. Auditing information systems support a strong oversight function. Our text states that a company should let their employees know that that are aware of Human Resources Information Systems makes a company job easier when finding the correct candidate, but also help to manage and to be in compliance Safeguarding of assets is essential to a fraud prevention program. “Access to networks, financial systems, and databases must be controlled with strong passwords and other security measures. Similarly, bank checks, petty cash funds, and company credit cards need to be locked up when not in use.