Summary

In this module you were introduced to the importance of AIS in creating, accumulating, and reporting company data. This module also reviewed the major types of accounting-related fraud that could compromise the integrity of that data. In order to combat threats to data integrity, companies maintain a code of ethics and a system of internal controls. In our in class activity you applied concepts from the COSO and COBIT frameworks to real world frauds and considered how stronger control environments might have thwarted those fraudsters.

Additional Activities

To complete this module be sure you have done the following:

Completed the Lecture Quiz 1
Submitted In-Class 1: Fraud, Ethics, and Internal Controls
Submitted Homework 1: Fraud, Ethics, and Internal Controls

Coming Up

In our next module we will take a closer look at internal controls as they relate to IT systems specifically. Upcoming topics and assignments can be found on the course schedule.