acquisitions
June 4, 2018 Apolone Gentles, JD, CPA,CGA, FCCA, Bsc (Hons) Accounting Systems and Controls, Budgeting and Auditing, Business and Legal Issues, Finance and Accounting, Financial Compliance / Planning / Management, Financial Management, Insurance, Software Acquisition, Implementation and Maintenance, Systems Acquisition, Maintenance and Disposal, Uncategorized
A failure to satisfy proper cut-off, completeness, existence, accuracy and ownership are common problems arising from weak or non-existent fixed asset policies. The overarching approach to satisfying these issues is to design and implement internal controls in proper policies and procedures.
accounting, accuracy, acquisitions, Apolone Gentles, approval, budgeting, capital budget, capitalizing, completeness, cut-off, depreciation, disposals, existence, fixed assets, insurance, Internal Controls, ownership, physical security, repairs and maintenance, Reporting, year-end
December 4, 2017 Apolone Gentles, JD, CPA,CGA, FCCA, Bsc (Hons) Accounting Systems and Controls, Budgeting and Auditing, Corporate Administration, Corporate Governance, Cyberlaw, Internet Law, Finance and Accounting, IT, Privacy and Security, Leadership and Management, Software Acquisition, Implementation and Maintenance, Systems Acquisition, Maintenance and Disposal, Systems and Data Management, Uncategorized
Any organization which acquires IT systems must do so carefully. Among other reasons, systems may be costly, they may be critical to business operations, and they may create significant risks (for example a risk of security breaches). The following suggestions will help to mitigate some of the risks associated with IT systems acquisition:
acquisitions, board oversight of IT, business case, cloud solutions, cyber security, IT risks, IT systems acquisition, mitigating IT risks, privacy breach, systems acquisition, user needs, user requirements