List Five Key Information Technology (IT) Trends Identified by the AICPA

question 27

Essay

List five key information technology (IT) trends identified by the AICPA Special Committee on Assurance Services.

---

Definitions:

Independent Measurers

Entities or individuals that objectively assess and report on various metrics or phenomena, often for compliance, research, or auditing purposes, without being influenced by parties involved.

Accounting Measurement

The process of determining and quantifying financial information in monetary terms to be reported in financial statements.

Timely

Occurring within an expected time frame or period, often used to refer to the punctual execution or delivery of tasks.

Fundamental Analysis Approach

An investment evaluation method that examines a company's financial statements, health, and market position to determine its value.