Essay Available:
Pages:
1 pages/≈275 words
Sources:
2
Style:
APA
Subject:
Accounting, Finance, SPSS
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 5.27
Topic:
EDI (Electronic Data Interchange) and Image-Processing Systems
Essay Instructions:
Technology is ubiquitous in today's workplace. Electronic data interchange (EDI) is the generic name for technology that involves a computer-to-computer exchange of business information. Image processing is a method for translating an image into digital format. As an auditor, you must be aware of how advances in technology, such as EDI and image processing, can affect audit evidence and documentation.
prepare a post describing the following:
EDI (electronic data interchange) and image-processing systems
The implications of each for the auditor's consideration of audit evidence
In your initial post, support your description and the implications that you have presented with at least one scholarly source in addition to your textbook.
Essay Sample Content Preview:
Discussion Post
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Discussion Post
Electronic Data Interchange (EDI) denotes a digital practice that enables organizations to exchange business documents or information for various reasons. The documents or information may flow from one computer to the other. EDI’s implications concerning audit evidence exist. EDIs enable actual financial information distribution to the intended entities, decreasing the urge for paperwork and manual information entry. Auditors can conveniently access and evaluate electronic evidence, thus achieving the utmost accuracy in evidence collection. However, these professionals should also acknowledge the threat of electronic data manipulation and unauthorized access. EDI systems need auditors to know their customers' particular EDI procedures and formats to guarantee complete and accurate data or information. The data exchange technology shapes positive company management and promotes best practices that impact competitive advantage and value creation (Yunitarini & Santoso, 2018).
Image-processing systems transform or modify images into digital forms. They incl...
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