Read the Seligman (2000) article, 24-7 Accounting (Links to an external site.). Based on the content presented in the article, in conjunction with this weekâ€™s lecture and other readings, discuss the U.S. Securities and Exchange Commission (SEC) fair disclosure regulation and how an organization complies with this regulation utilizing their accounting information system. Provide at least two practical examples from your research.
Identify the steps in the sales, procurement, and order entry processes. Discuss how management can implement effective internal controls for these processes and how it complies with Section 404 of the Sarbanes-Oxley Act of 2002.