2 Essay Questions...

_2 Essay Questions

Answers to the 2 Essay Questions

1 ) The role of attestation services provided by the AICPA 's WebTrust function . Is there a market and a need for such services ? Who are WebTrust 's competition ? How has WebTrust done relative to its competition

The role of AICPA 's attestation services through the WebTrust function is to provide assurance on website reliability , security , privacy availability , confidentiality , processing integrity insofar as its ecommerce services are concerned . This is especially provided by Chartered Accountants and Certified Public Accountants (CPAs ) as part

of their wide range of services along the advisory , assurance and internal control services to businesses such as readiness assessments and diagnosis of corporate problems to design , implementation , monitoring and readiness assessments of systems designs (Horngren et al , 2000

There is indeed a rich market for WebTrust services considering the expanded use of the web services specifically the eCommerce and eBusiness aspects as the emerging platforms of business in the new economic environment . Business transactions between individuals and entities over the Internet and World Wide Web are subject to the various risks of reliability , security , privacy , availability , confidentiality and processing integrity . Definitely , there is a need to assure parties to web services along these aforementioned areas to sustain best practices and sustainability of a cost-beneficial IT services Unfortunately , the World Wide Web and the Internet is replete with sites of questionable integrity spreading scams and other digital frauds and crimes which expose transactions over the web . People transacting business over...