Business and Society Assignment Brief

Part A: Record of Submission

Extenuating Circumstances

If there are any exceptional circumstances that may have affected your ability to undertake or submit this assignment, make sure you contact the Advice Centre on your campus prior to your submission deadline.

Fit to sit policy

The University operates a fit to sit policy whereby you, in submitting or presenting yourself for an assessment, are declaring that you are fit to sit the assessment. You cannot subsequently claim that your performance in this assessment was affected by extenuating factors.

Plagiarism and Unfair Practice Declaration

By submitting this assessment, you declare that it is your own work and that the sources of information and material you have used (including the internet) have been fully identified and properly acknowledged as required1 . Additionally, the work presented has not been submitted for any other assessment. You also understand that the Faculty reserves the right to investigate allegations of plagiarism or unfair practice which, if proven, could result in a fail in this assessment and may affect your progress.

Intellectual Property and Retention of Student Work

You understand that the University will retain a copy of any assessments submitted electronically for evidence and quality assurance purposes requests for the removal of assessments will only be considered if the work contains information that is either politically and/or commercially sensitive (as determined by the University) and where requests are made by the relevant module leader or dissertation supervisor.

Part B: Marking and Assessment

Part One

Throughout this module you have been studying the importance of internal controls within a business and the use of the COSO framework to mitigate the risks in a computerized environment. The “COSO model” sets out an exemplar “Control Framework”.

Required

Briefly explain the purpose of the framework and give succinct overviews of the framework’s main features.
Give Specific examples of the application of the framework in a computerized environment.
Give an overview of the potential impact cybercrime assignment can have on a business and include some examples of controls that can be put in place to minimize the risks of these effects.

Note your answer should include THREE examples of how the Framework could be applied in a computerized environment.