Which designation is for CPAs with a broad range of technology knowledge and experience?

CPAs play key roles in a variety of segments of the economy. These include, but are not limited to, industry, public accounting, government, education and the not-for-profit sector. They offer a robust set of accounting and managerial skills required to navigate a complex and ever-changing business environment. CPAs are professionals who possess a broad range of knowledge. They undertake appropriate analysis, exercise sound judgment, communicate effectively and act to protect the public interest.

These professional accountants are in high demand due to their extensive training and expertise that contribute to improved efficiency and growth in the businesses and organizations they serve.


How do CPAs help the various sectors? 


INDUSTRY

CPAs working in industry provide valuable input on key decisions, apply a unique blend of expertise to identify new market opportunities, ensure corporate accountability, manage risk and help the company maintain a long-term competitive advantage.

CPAs add value to organizations in roles such as:

  • CEO
  • president
  • CFO/vice-president of finance
  • treasurer
  • controller
  • consultant
  • systems developer


PUBLIC PRACTICE

CPAs working in public practice provide their clients with services such as:

  • start-up counselling
  • purchases and sales of businesses
  • business valuations
  • business planning and financial projections
  • process deployment and improvement
  • developing strategies for securing financing
  • corporate and personal income tax planning
  • information technology need analysis
  • assurance (audits and reviews)
  • preparing and analyzing financial information
  • acting as trustee for receivership, insolvency or bankruptcy
  • developing management controls
  • management consulting
  • forensic accounting and litigation support


GOVERNMENT

CPAs work at all levels of government providing accounting expertise to guide financial planning and to maintain fiscal control. Roles include tax auditors, policy planners and financial analysts.  

EDUCATION


Many CPAs are educators who teach future leaders about business, values and ethics.

NOT-FOR-PROFIT

Stakeholders, including the general public, are taking a greater interest in the administration of organizations receiving donor dollars, tax benefits or government grants. CPAs help not-for-profit bodies with effective strategy development, accounting stewardship and the delivery of high-quality transparent annual reports.

Accounting information system are ?

records, processes, reports

which of the following is not a characteristic of useful information?

Which of the following are consider to be mandatory information required by regulatory body?

financial reports for the security and exchange commissioner

the correct order of effect in a value chain are?

inbound logistics--> operations --> outbound logistics

which designation would most appropriate for those professionals processing an IT audit, control and security skills?

certified information system auditors (CISA)

which designation is for CPA's which a broad range of technology knowledge and experience?

certified information technology professionals (CITP)

refers to the flow of materials, information, payment and services

A supply chain doesn't include information about?

The income statement line item mostly affected by an AIS investment in enterprise systems would be

selling, general and administrative expense

The income statement line mostly affected by an AIS investment in a supply chain that would interface with suppliers

The IT strategic role of AIS investment are classified as

automate, informed, transform

According to recent study, the transform IT strategic role define as system

a redefine business process and relationship

According to recent study the informative- up IT strategic role define as system that

provide information about business activities to senior management

the income statement account most affected by an AIS investment in customer relationship Managment (CRM)

Many hospitals are starting to digitize the medical records of their patients

Ebay uses information technology to sell goods in the internet this is an example

The information value chain is defined as

the overall transformation of data from a business need to the ultimate decision

business value is defined as

items, events and interaction that determine the financial health and well-being of the firm

consumer relationship management is defined as

a system used and manage and nurture firm interaction with current and potential costumers

Support activities in a value chain does not include

the role of accountants in accounting information system include all but

a simple information system include all the following elements except

Activity-based costing is an example

an example of AIS primally addresses internal business process includes

What would be an appropriate designation for a CPA with a broad range of technology knowledge and experience multiple choice question?

The Certified Information Technology Professional (CITP) credential signifies a CPA's ability to perform a wide range of IT and business solutions services.

What designation would be most appropriate for those Cpas possessing is audit?

The Certified Information Systems Auditors (CISA) designation identifies those professionals possessing IT audit, control and security skills.

Which designation would be most appropriate for those professionals Processing IT audit control and security skills?

The Certified Information Systems Auditor (CISA) is a professional designation generally sought by those performing IT audits.

What would be the most appropriate designation for a professional who serves as an IT auditor?

Certified Information Systems Auditor (CISA) refers to a designation issued by the Information Systems Audit and Control Association (ISACA). The designation is the global standard for professionals who have a career in information systems, in particular, auditing, control, and security.