WEEK 6 DISCUSSION 2

ANSWER TWO OF THE FOLLOWING QUESTIONS:

1: Do private or not-for-profit organizations need to be concerned about auditing and fraud? Discuss the similarities and differences with public, for-profit companies.

2: Explain the importance of separation (or segregation) of duties in regards to financial and security controls. Provide additional examples.

3: Explain the different components of a financial balance sheet. Include how this is important for security.