A reliable AIS will meet five basic principles identified by the American Institute of CPAs: security, confidentiality, privacy, processing integrity, and availability (Wiley). A secure AIS will only allow people who are authorized to access the system. Sensitive information that is put into the system will remain confidential, as it is protected from any unapproved releases. All customers’ personal information are collected, used and disclosed in an appropriate fashion, ensuring their privacy. Processing integrity is important as a lot of a company’s financial information is not only used for decision making, but also for legal purposes. With proper authorization, data is processed correctly, completely, and in a timely manner. Lastly, a reliable system will be available for any
A reliable AIS will meet five basic principles identified by the American Institute of CPAs: security, confidentiality, privacy, processing integrity, and availability (Wiley). A secure AIS will only allow people who are authorized to access the system. Sensitive information that is put into the system will remain confidential, as it is protected from any unapproved releases. All customers’ personal information are collected, used and disclosed in an appropriate fashion, ensuring their privacy. Processing integrity is important as a lot of a company’s financial information is not only used for decision making, but also for legal purposes. With proper authorization, data is processed correctly, completely, and in a timely manner. Lastly, a reliable system will be available for any