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This assignment consists of two (2) sections: a written paper and a PowerPoint presentation. You must submit both sections as separate files for the completion of this assignment. Label each file name according to the section of the assignment it is written for. In the day-to-day operations of information security, security professionals often focus the majority of their time dealing with employee access issues, implementing security methods and measures, and other day-to-day tasks. They often neglect legal issues that affect information security. As a result, organizations often violate security-related regulations and often have to pay heavy fines for their non-compliance. Thus, as a Chief Information Officer in a government agency, you realize the need to educate for senior leadership on some of the primary regulatory requirements, and you realize the need to ensure that the employees in the agency are aware of these regulatory requirements as well. Section 1: Written Paper 1. Write a six to eight (6-8) page paper in which you: a. Provide an overview that will be delivered to senior management of regulatory requirements the agency needs to be aware of, including: i. FISMA ii. Sarbanes-Oxley Act iii. Gramm-Leach-Bliley Act iv. PCI DSS v. HIPAA vi. Intellectual Property Law b. Describe the security methods and controls that need to be implemented in order to ensure compliance with these standards and regulatory requirements. c. Describe the guidance provided by the Department of Health and Human Services, the National Institute of Standards and Technology (NIST), and other agencies for ensuring compliance with these standards and regulatory requirements. d. Use at least five (5) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources.
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ACC 562 WEEK 10 ASSIGNMENT 4 Visit the Website of Eastman Kodak at http://www.kodak.com and review the most recent financial report Write a six to eight page paper in which you 1. Evaluate the current financial condition of Eastman Kodak based on its most recent quarterly report, which can be located at http://www.Kodak.com. Based on your evaluation, discuss the most significant â€Å"red flags†for its public accounting firm to consider. 2. Assume that you are the PricewaterhouseCoopers audit engagement partner and have assessed Kodak as a high-risk client. Explain the modification you would make to the audit engagement procedures to minimize any potential liability of the firm. 3. Create an argument to the Kodak shareholders that, despite the long relationship between Kodak and PricewaterhouseCoopers, the public accounting firm maintains its professional independence. 4. In audits of high-risk clients, determine which requirements in the AICPA- Code of Professional conduct are most likely to be breached by the auditors. Provide your rationale. 5. Analyze the risk of financial fraud at Kodak and how it is most likely to be committed. 6. Based on your analysis of the financial fraud risk areas, discuss the internal controls that should be implemented. Given Kodak filing for bankruptcy, discuss the fiduciary responsibility of the audit committee and board of directors. 7. Use at least four (4) quality resources in this assignment.
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