The Data Protection Act and Role of the Information Commissioner in Coursework

The Data Protection Act and Role of the Information Commissioner in this Act - Coursework Example Moving with the information that belongs to the University in a personal purse especially in a bar is another offense apart from leaving it behind in a bar since the information content which is of high value to the University would be compromised (Van, 2005). When not on official duty, it is adept to leave behind any information and materials that belong to the college. This information does not only apply to college situation but also another place of work since at one moment an individual would either lose all data due to ignorance and malice. Since ignorance has got no defense, Susan should not be proud of backing up information when she just walks with the backup files anyhow, back up should be protected and kept at the most preferred place (Bell, 2001). Processing the data outside the rights of data subject under the act is wrong. For instance, Susan processed the data for Peter to use outside the organizational act for his business purpose. This is unlawful and both Susan and Peter should face the law for infringing the sixth principle law of personal data act (Bainbridge, 2001). Susan should be penalized; she went against the seventh principle which states that organizational measures shall be taken against unauthorized processing of personal data. Hence, on admitting to pocket the  £1000, she already compromised organization’s data integrity (Miller, 2011). As the president, everyone had to blame Susan for the fault is that she was the sole authority responsible for data security and integrity within the organization. Since she breached the second principle law that governs personal data, nobody should alter the sole purpose of the data (Bell, 2001). In addition, confirming the second and third principles of data protection which Susan did not adhere to stresses on the use of personal data, which should be in a manner compatible with the purpose and reasons as to why the data was stored in the database system.

Outline the nature of audit planning and describe its principal Essay

Outline the nature of audit planning and describe its principal objectives, identifying issues that you consider to be relevant to the planning of the audit of FXT - Essay Example Planning in auditing the books of FXT International Limited will ensure that the auditing process produces the maximum out of the minimum. The various aspects of auditing the books of FXT International Limited include vouching, verification and valuation (Kumar and Sharma, 2005, p. 59). It is Abacus’ plan to conduct an effective audit through an efficient approach that will last the shortest possible time. The basis of the auditing plan is FXT International Limited’s line of business. FXT International Limited offers structured financial products as well as financial derivatives to institutional investors. Therefore, the basis of the auditing plan is the understanding of the financial and derivatives market. Abacus will perform tests of control and procedures to come up with reasonable conclusions that will assist in the formation of an opinion on the client’s financial statements (Kumar and Sharma, 2005, p. 72). The plan will be based on FXT International Limited’s accounting system policies and procedures that direct its internal control processes. Concisely, some of the factors that Abacus will consider when planning the audit include: 4. Knowledge of FXT International Limited business apart from the reporting requirements of financial services institutions. It is the most important factors that Abacus will consider when planning an audit. It is the most important factor because it will enable Abacus to identify the events, transactions and practices that may affect financial information. Auditors will derive such knowledge from areas such as: The article of association will give auditors ideas about FXT International Limited’s size and nature. Additionally, auditors from Abacus will acquaint themselves with the management of FXT International Limited’s business (Kumar and Sharma, 2005, p. 80). Accounting standards requires that listed companies publish audited books of account. The rationale is