After studying this chapter, you should be able to:
• Describe the information processing oppressing required to update the general ledger and to produce other reports for internal and external users.
• Understand the implication of new IT developments, such as XBRL, for internal and external reporting
• Identify the major threats in general ledger and reporting activates, and evaluate the adequacy of various control procedures for dealing with them
• Discuss and design a balanced scorecard for an organization
• Explain the relationship between online transaction processing system and data warehouses used to support business intelligence
• Design graphs that accurately portray the data in a manner that supports decision making.