This assignment consists of three full pages plus a references page containing at least two references for each page. The requirements for each page are as follows:
Page One:
The SAS 70 standard was replaced by a new standard in June of 2011. Please research the new standard published by the Auditing Standards Board of the American Institute of Certified Public Accountants (AICPA).
Page Two:
You have been tasked with developing a business continuity plan for the university. Begin by making a list of all of the tasks that are required to complete the assignment.
You must first begin with a risk assessment and business impact analysis. Write a draft memo to the president of the university explaining the need for a business continuity plan. Be sure to include your recommendations on how you would implement a successful plan.
Page Three:
1) For apps to be featured on the iPhone, developers must build it with Apple’s software development kit and then apply for approval. Apple rejected the Google Voice iPhone App, and further stated that it would not accept any applications that incorporated Google Voice functionality. Apple reasoned that this app duplicates the phone’s core features. It also rejected Google’s location-based app Google Latitude. If you were developing a collaborative platform, do you think the best model is this collaborative model, or is the open innovation model better – if your main goal is to maximize innovation? What if your main goal is to make money?
2) Plaintiffs filed a class action lawsuit against investment banks alleging that they inflated prices on more than 300 IPOs, causing IPO investors to overpay for stock, and unlawfully benefited these banks through overcompensation of banking commissions and profits made through quick sales of this stock in their own accounts before prices settled into a more realistic valuation. How would you combat such abuses going forward?
