For the hot topic in emerging issues identified in Assignment 4, identify a company in that industry and respond to the following questions. Consider the concepts covered in the course material and in anticipation of issuing a qualified audit report.
five to seven (5-7) page paper in which you:
- Make recommendations on the requirements for the feasibility study and discuss the pros and cons for the design of SDLC with a recommendation for an optimal time frame for each stage.
- Make recommendations for the optimal computer operating system to address the emerging issue.
- Discuss the internal control considerations, and identify issues and risk mitigation strategies.
- Recommend an optimal revenue and expense cycle to capture transactions, including documentation requirements.
- Determine what future issues could impact the design of the SDLC and discuss the design features in your proposed SDLC that could be modified to address those issues.
- Use at least three (3) quality resources in this assignment.
Emerging issues of financial statement fraud including other fraudulent act committed bypublically traded companiesNew revenue recognition standardsQUESTION ONEOn the off chance that the system…