ACCT 402 SEU What Is Meant by Concurrent Audits How It Could Be Achieved Questions

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Questions

Q1. What is meant by concurrent audits and how it could be achieved? (2 marks)

Answer:

Q2. In your own words, differentiate between COSO and COBIT in terms of their purpose and application. Why do organizations need to apply both of them not only one.  


College of Administration and Finance Sciences
Assignment 2
Deadline: 30/7/2022 at 23.59 pm
Course Name: Intro. to Accounting Info.
Systems
Student’s Name:
Course Code: ACCT 402
Student’s ID Number:
Semester: Summer
CRN: 50287
Academic Year: Summer Semester 1442/1443
For Instructor’s Use only
Instructor’s Name: Dr. Youssef RIAHI
Students’ Grade: Marks Obtained /Out of 10
Level of Marks: High-Middle-Low
marks
Notes:

The Assignment must be submitted on Blackboard (WORD format only) via allocated
folder.

Assignments submitted through email will not be accepted.

Students are advised to make their work clear and well presented; marks may be reduced for
poor presentation. This includes filling your information on the cover page.

Students must mention question number clearly in their answer.

Late submission will NOT be accepted.

Avoid plagiarism, the work should be in your own words, copying from students or other
resources without proper referencing will result in ZERO marks. No exceptions.

All answered must be typed using Times New Roman (size 12, double-spaced) font. No
pictures containing text will be accepted and will be considered plagiarism).

Submissions without this cover page will NOT be accepted.
College of Administration and Finance Sciences
Q1. What is meant by concurrent audits and how it could be achieved? (2 marks)
Answer:
Q2. In your own words, differentiate between COSO and COBIT in terms of their purpose and
application. Why do organizations need to apply both of them not only one. (write 200 words). (8
marks)
Answer:

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