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Tanner Rasmussen
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Decks in this class (141)
COSO, Internal Controls
What are the five components of c...,
What are the 3 primary objectives...,
What are the four types of reporting
6
cards
17 Principles of Internal Control
What is the most important princi...,
What is the board of directors re...,
What role does competence play in...
16
cards
Types of Limitations of Accounting Controls
What is an internal control,
Who effects ic,
Why do we have ic what are the goals
10
cards
Internal Controls and Responsibilities
What are the four key roles for i...,
What are the responsibilities ove...,
What are the responsibilities of ...
7
cards
Internal Control Monitoring and Terminology
Why monitor controls,
What are the benefits of control ...,
Who evaluates controls
13
cards
Internal Control Monitoring and Change Control Processes
What are some control monitoring ...,
Define reviewing process,
What is benchmarking assessments
13
cards
Introduction to COSO Enterprise Risk
What is enterprise risk managemen...,
How does coso define risk,
What is managing erm focus
20
cards
ERM Components, Principles, and Terms
Coso risk management framework ha...,
What are the 5 principles for gov...,
What are the 4 principles in stra...
16
cards
ERM Governance and Culture
What is the first principle of go...,
What is potential impairment to e...,
What is the second principle and ...
14
cards
ERM Strategy and Objective Setting
What are the four principles unde...,
Define business context,
Analyze the business context what...
13
cards
ERM and Performance
Who identifies risk,
When do you identify risk,
What are methods of risk identify
12
cards
ERM Monitoring, Review, and Revision
What goes into assessing substant...,
What are examples of changes in i...
2
cards
ERM Communication and Reporting
What are kris,
What are kpis,
What is an assumption
5
cards
Fraud Risk Management
What is fraud,
What are categories of fraud,
What is reporting fraud
15
cards
Other Regulatory Frameworks and Provisions
Why were audit committees given m...,
What do ceos and cfos have to cer...,
What is a clawback
8
cards
Introduction to Economic Concepts
Define economics,
What is the primary focus of the ...,
What are the three major subsecti...
8
cards
Introduction and Free-Market Model
Define microecnomics,
What is a command economic systems,
What is a market economic system
5
cards
Demand
How is price determined,
Define demand,
What is a demand schedule
11
cards
Supply
There are two factors determine p...,
What is supply,
Does supply have positive or nega...
9
cards
Market Equilibrium
What is market equilibrium,
T f at equilibrium price there is...,
What causes a shortage or surplus
5
cards
Elasticity
What is the elasticity of demand ...,
After you calculate elasticity fr...,
If you get an outcome of elastici...
4
cards
Consumer Demand and Utility Theory
What is utility theory,
How is the utility theory measured,
What is total utility tu
5
cards
Inputs and the Cost of Production
What is periods of analysis long ...,
We are more concerned with short ...,
What are short run cost concepts
8
cards
Introduction to Market Structure
Define market structure,
What are the two extremes of mark...,
What are the four different marke...
3
cards
Perfect Competition
What are characteristics of perfe...,
Perfect competition markets are v...,
In perfect competition demand is ...
3
cards
Perfect Monopoly
What is a perfect monopoly market...,
What are the reasons monopolies e...,
In a monopoly the demand curve is
6
cards
Monopolistic Competition
What are the characteristics of a...,
How do you determine where the fi...
2
cards
Oligopoly
What is the nature of an oligopoly,
What is unique about the demand c...,
How does a kink affect mr
5
cards
Introduction to Macroeconomics
What is macroeconomics,
What are the flow sections in a f...,
What are leakages
4
cards
Aggregate Demand
Define aggregate demand,
Aggregated demand is the sum of,
What is consumption spending
17
cards
Aggregate Supply
What is aggregate of supply,
What is the slope theories of agg...,
What is the classical aggregate s...
6
cards
Aggregate (Economy) Equilibrium
The point of equilibrium will dep...
1
cards
Gross Measures- Economic Activity
What is the best gross measuremen...,
What is not included in gdp,
What are the two approaches to me...
14
cards
Gross Measures- Employment/Unemployment
Who determines employment unemplo...,
How does the bls collect data,
What takes a person out of the la...
11
cards
Business Cycles and Indicators
What is a business cycle,
How is business cycles measured,
T f business cycle ups and down r...
8
cards
Price Levels and Inflation/Deflation
Use we use price indexes to neutr...,
What is the consumer price index cpi,
What is cpi u
8
cards
Money, Banking, and Monetary/Fiscal Policy
What is the function of money,
The fed provides three measures o...,
What is m1
12
cards
Introduction to Reasons for International Activity
What is international economics,
What are the major reasons for in...,
What is absolute and comparative ...
7
cards
Issues at National Level
What are socio political issues,
What is the response to socio pol...,
Are tariffs and import quotas good
12
cards
Role of Exchange Rates
What is the direct exchange rate,
What is the indirect exchange rate,
How are exchange rates determined
9
cards
Currency Exchange Rate Issues
T f entities that engage in inter...,
There are three types of foreign ...,
What is transaction risk
10
cards
International Transfer Price Issues
What is transfer pricing,
In practice transfer pricing may ...
2
cards
Introduction to Globalization
What is globalization,
What has driven globalization,
What was the beginnings of global...
5
cards
Globalization of Trade
What is the globalization of trade,
Reasons for international trade i...,
What are the largest exporters an...
5
cards
Globalization of Production
What is the globalization of prod...,
What is outsourcing,
What are reasons for outsourcing
6
cards
Globalization of Capital Markets
What are capital markets,
What are the limitations to domes...,
What is the global capital market
4
cards
Globalization and Power Shifts
What are two major reasons for th...
1
cards
Becoming Global
How does an entity become global,
What are advantages of exporting,
What are advantages of importing
10
cards
Introduction to Business Strategy and Market Analysis
What is strategic planning,
What are the general steps to str...,
What is a mission statement
7
cards
Macro-Environmental Analysis
What is pest analysis,
What is political element,
What is the economic elements of ...
5
cards
Industry Analysis
What is an industry,
What is the porter analysis can b...,
What are the five factors in port...
3
cards
Entity/Environmental Relationship Analysis
The assessment of relationship be...,
What is swot analysis,
What is the sw in swot concerned ...
4
cards
Generic Strategies
What is the basic strategy purpose,
What are porters 3 generic strate...,
What is the cost leadership strategy
5
cards
Summary and Extensions
Which analysis can be used to ana...,
Which analysis can be used to ana...,
After you have performed the pest...
4
cards
Cost Concepts
What is the difference between a ...,
T f cost and expense can occur at...,
What is a sunk cost
10
cards
Time Value of Money Tools
Define present value pv of a sing...,
What is an annuity due,
What is an ordinary annuity
4
cards
Interest Rate Concepts and Calculations
Define the stated interest rate,
Define simple interest,
Define compound interest
8
cards
Introduction to Financial Valuation
What is valuation,
What is financial valuation,
When is valuation used
11
cards
Valuation Techniques- General
When would level 2 inputs be used,
When would you use a level 3 inpu...
2
cards
Valuation Techniques- CAPM
What is the capital asset pricing...,
What is the capm formula,
If beta is greater than one what ...
5
cards
Valuation Techniques- Option Pricing
What is an option,
What are the two styles of options,
How is option value determined
5
cards
Valuation Techniques- Burins Entity
What is business valuation,
What is the process of business v...,
Establishing standards are premise
8
cards
Hedging and Derivatives
Define hedging,
What is hedged item,
What is firm commitment
14
cards
Introduction and Project Risk
Define capital budgeting,
Capital undertakings have both el...,
What is the source of capital and...
3
cards
Introduction and the Payback Period Approach
What is the payback period approach
1
cards
Discounted Payback Period
What is the difference between pa...
1
cards
Accounting Rate of Approach
What is the accounting rate of re...,
What is the arr formula,
What are the advantages and disad...
3
cards
Net Present Value Approach
What is net value approach npv
1
cards
Internal Rate of Return Approach
What is the internal rate of retu...,
Equation for irr
2
cards
Project Ranking
What is the profitability index
1
cards
Capital Project Ranking Decisions
0
cards
Financial/Capital Structure
What is the financial structure,
What is capital structure,
What is short term financing and ...
11
cards
Introduction to Long-Term Financing
What is lt financing,
What is a lt notes,
What is financial leases
20
cards
Introduction to Working Capital
What is working capitals,
What is a cash budget,
T f a firm should accelerate cash...
15
cards
Introduction to Ratio Analysis
Liquidity measures include,
Operations activity measures include,
Define risk what is business risk...
12
cards
Risk and Controls in Computer-Based
What are the five elements in acc...,
What does manual mean,
What are some differences between...
4
cards
The COBIT Model of IT Governance and Management
What is the cobit model what is t...,
What is the basic cobit framework,
What do coso and cobit have in co...
8
cards
Introduction to Enterprise-Wide and Cloud Based Systems
What are the goals of an erp,
What is the erp architecture,
T f erp systems are typically pur...
9
cards
IT Functions and Controls Related to People
What are common functions of the ...,
Who oversees the it department,
What are the three critical funct...
6
cards
IT Business Strategy
What is governance,
Why do it investments go bad,
Why is it investments increasing
4
cards
System Types by Activity
What are the categories of it sys...,
Dss maps to what type of focus,
Mis maps to what type of focus
11
cards
System Types by Data Structure
What is a flat file system,
What is a database system,
What is a knowledge management sy...
5
cards
Data Structures, Software, and Databases
What is a field,
What is a record,
A group of records is
11
cards
Information Systems Hardware
What is peripherals,
Within the cpu there is,
What are the primary sources of s...
9
cards
Transaction Processing
How does the system capture date ...,
When would batch processing be ap...,
What are controls for batch proce...
5
cards
Emerging Technologies in AIS
What are benefits of payment proc...,
What are business goals of intern...,
What accounting implications of a...
6
cards
Data Analytics
What is data analytics,
What is business intelligence,
What skills do accounts need for ...
10
cards
Big Data
What is big data,
What are data sources,
When you have big data projects y...
7
cards
Data Visualization
What is data visualization,
What is iconography,
What are key graphs
4
cards
Bitcoin and Blockchain
What is bitcoin,
Why use bitcoin,
What are risks of bitcoin
7
cards
Artificial Intelligence and Machine Learning
Artificial intelligence goes hand...,
What are categories of ai,
Ai accounting applications report...
6
cards
Managing Cyber Security- Part I- Applying COSO
What are the generally accepted p...,
What are the categories of criter...,
What are time based model of cont...
3
cards
Managing Cyber Risk: Part II- A Framework for Cybersecurity
What is us critical infrastructure,
What are the implementation tiers
2
cards
IT Policies
T f all policies need to be linke...,
It policies and coso,
Why do we have it policies
5
cards
Introduction to E-Business and E-Commerce
What is e commerce,
What is e business,
What is e commerce
6
cards
E-Commerce Applications
0
cards
E-Commerce Applications
What are crm,
What is edi,
What is e banking
5
cards
ERM Cloud Computing
What are some strategies for mana...,
What is unauthorized cloud activity,
What is csp transparency what is ...
5
cards
Mobile Device, End-User, and small Business Computing
What are the risks of mobile devices,
What are challenges of mobile dev...,
What are end user systems develop...
7
cards
Multi-Location System Structure
How do you consolidate from multi...,
What are advantages disadvantages...,
What are decentralized system adv...
4
cards
Computer Networks and Data Communication
What is computer network,
What is a node,
What are components of computer n...
18
cards
The Internet- Structure and Protocols
What the internet,
What is protocol,
What is packet
16
cards
Preventing and Detecting Unauthorized Access
What are logical access controls,
What is a firewall,
What are ids
4
cards
Logical Access Controls
0
cards
Physical Access Controls
What are it facilities,
It facility controls are,
What are power system risks
6
cards
Encryption and Secure Exchanges
What is encryption,
What is a digital certificate,
What is a certificate of authority
5
cards
Organizational Continuity Planning and Disaster Recovery Planning
What do you need to know about di...,
What is reciprocal agreement,
What is organizational continuity...
5
cards
Backup and Restoration
What are some key backup recovery...,
What is rollback and recovery,
What is a remote online backup by...
5
cards
Computer Crime, Attack Methods, and Cyber-Incident Response
Who commits cyber crimes,
What are four categories of compu...,
How do we prevent and detect crime
4
cards
Program Library, Documentation, and Record Management
What is the source program librar...,
Documentation why document accoun...,
What are four types of documentation
5
cards
Input and Organization Controls
What do put and origination contr...,
What are examples of origination,
What is closed loop verification
12
cards
Processing, File, and Output Controls
What is a run to run control,
What are audit trail controls,
What may be included in a transac...
7
cards
The Accounting System Cycle: Introduction
What is the accounting cycle,
List characteristics of the reven...,
List characteristics of the finan...
8
cards
Revenue Cycle
What are inherent risks with revenue,
Who are relevant stakeholders in ...,
What are important rev cycle forms
8
cards
Expenditure Cycle
What are inherent risks,
Who are the key stakeholders,
What are important forms
5
cards
Production Cycle
What are inherent risk of product...,
Who are key stakeholders,
What are important forms
5
cards
HR and Payroll Cycle
What are core activities,
What are inherent risks,
Who are the relevant stakeholders
5
cards
General Ledger, Reporting, and Financing
What are the core activities,
What are the inherent risks,
List the stakeholders
5
cards
Systems Development and Implementation
What is the purpose of systems de...,
Risk of system development,
Reasons they fail
6
cards
Quality Management
Why have customer expectations of...,
What is the basic concept behind ...,
What is the definition of quality...
6
cards
Balanced Scorecard and Benchmarking
What is the balanced scorecard,
How do you create a balanced scor...,
What are the features of a good b...
5
cards
Competitive Analysis
Competitive analysis includes,
What is roi,
What is the dupont approach to roi
10
cards
Ratio Analysis
What is gross margin,
What is contribution margin,
Formula for operating profit margin
9
cards
Risk Management
What is strategic risk,
What is operational risk business...,
What is market risk
5
cards
Performance Improvement Tools
What is the theory of constraints,
What is lean manufacturing
2
cards
Manufacturing Costs
What are three factors of production,
What are prime costs,
What are conversion costs
6
cards
Spoilage, Cost, and Inventory Flow
What are the two types of spoilage,
What is scrap,
Cost of normal spoilage is spread...
10
cards
Cost Behavior Patterns
What does cost behavior refer to,
What is the high low method
2
cards
Cost-Volume Profit Analysis
What does the cpa ask,
The basic break even model is the...,
What is the margin of safety
3
cards
Absorption and Direct Costing
Absorption costing also called ac...,
Absorption costing uses the gm fo...
2
cards
Job Costing
What is process costing,
Estimate overhead amounts is appl...,
What is the overhead allocation a...
3
cards
Process Costing
When would you use process costing,
Why is cost allocation process co...,
What are the steps to processing ...
8
cards
Joint and By-Product Costing
Define joint and by products,
What is split off point,
What are joint costs
10
cards
Sales and Direct Cost Variance Analysis
What is the variance analysis cal...,
What is standard quantity allowed...,
The different in quantities is al...
7
cards
Overhead Variance Analysis
What are the complications of o h...,
Variable o h varies with level of...,
What is spending variance
8
cards
Cost Relevance
What are relevant costs and benefits,
What are avoidable costs,
What are unavoidable costs
10
cards
Special decisions
What are special order relevant c...,
What do you have to consider when...
2
cards
Transfer Pricing
What are the three types of trans...,
What is the goal of congruence,
What is the general transfer pric...
5
cards
Activity Based Costing and Process Management
What is activity based costing abc,
What are activities,
What are cost drivers
10
cards
Budgeting
Where does budgeting start,
What is the master budget,
What is the flexible budget
4
cards
Forecasting Techniques
What is probability analysis,
What is expected value how is it ...,
What is joint probability
8
cards
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