Evaluate the independence issues associated with auditing firms
June 7th, 2024
Evaluate the independence issues associated with auditing firms providing consulting services in developing and selecting new systems, suggesting how these issues may be mitigated or minimized giving consideration to the constraints imposed by SOXAssess the value of the system project proposal, providing a recommendation as to how the proposal should be evaluated and prioritized. Explain your approach to resolving issues that arise in the testing phase if bad data is consistently discovered during the phase.Make a recommendation regarding which phases could be modified without sacrificing data integrity if a system is behind schedule and significantly over budget. Justify your answer.