Course Schedule

Electronic Commerce: Security, Risk Management, and Control, 2e

This course is designed to expose students to the multifaceted aspects of e-commerce. This course will provide a framework for delegates to use in the analysis and formulation of e-commerce business solutions and strategies. Because of the rapid nature of change in this material, a solid background of the critical issues and methodologies is important to any delegates facing a business career. Five years hence, the technology will undoubtedly be somewhat, if not markedly, different, but a solid understanding of the important business issues will prove invaluable in moving forward with the unfolding e-commerce environment.

  • Introducing all facets of the e-commerce environment to delegates.
  • Examine the effects of electronic commerce to members of the accounting profession throughout the course.
  • Explore the revenue-generating activities of firms, and most of these services are affected in some fashion by e-commerce services throughout the course.

Overview of electronic commerce

  • Definition of E-Commerce
  • Potential benefits of E-Commerce
  • The internet and the WWW
  • Electronic commerce security
  • Implications for the accounting profession

Electronization of the Business

  • Principles and axioms
  • Main effects on business
  • Management issues
  • New paradigms and metaphors
  • The theory of electronization
  • E-Business methods and tools
  • New business models
  • Processes, their electronization and tools

B2B Processes and Strategies

  • From B2C to B2B using corporate nets
  • Corporate netS5
  • B2B
  • Emerging B2B Problems
  • Electronic markets
  • Analyze E-Business Strategy

E-Commerce and the role of independent third parties

  • Consulting practices and accountant independence
  • CPA vision project
  • New assurance services identified by the AICPA
  • Effect of E-Commerce on the traditional assurance
  • Website seal options

EDI, Electronic Commerce and the internet

  • Traditional EDI systems
  • Financial EDI
  • EDI Systems and the internet
  • Effect of EDI internet applications

Risks of Insecure systems

  • Overview of risks associated with internet transactions
  • Internet associated risk
  • Intranet associated risk
  • Control weakness versus control risk
  • Risk management paradigm
  • Disaster recovery plans

Internet standards, protocols and languages

  • Standard setting issues and committees
  • Major standard-setting structures and interface
  • Security committees and organizations
  • Security protocols and languages
  • Messaging protocols
  • Mobile commerce and the WAP protocol

Cryptography and Authentication

  • Messaging security issues
  • Encryption techniques
  • Public key infrastructure
  • Key management

Firewalls

  • Firewalls defined
  • TCP/IP
  • Open systems interconnect
  • Components of a Firewall
  • Typical functionality firewalls
  • Personal firewalls
  • Network typology
  • Securing the firewall
  • Factors to consider in firewall design

E-Commerce Payment Mechanism

  • The set protocol
  • Magnetic strip cards
  • Smart cards
  • Smart cards and mobile commerce
  • Electronic checks
  • Disposable credit card Numbers
  • Electronic cash

Web-based Marketing

  • The scope of marketing
  • Business, marketing and information technology systems
  • The Four P’s applied to internet marketing
  • The fifth personalization
  • Internet marketing techniques
  • Online advertising
  • Website design issues
  • Intelligent agents and the effect of marketing