Describe which laws IT execs must comply with and what are the issues in compliance with...

Describe which laws IT execs must comply with and what are the issues in compliance with these laws.

Expert Solution

Income-tax (IT) is one of the most important parts of doing business so the knowledge of the laws is mandatory for the people in business IT. The laws of the land have a few laws about production and sales which are also entailed with the exports made ort the imports made by the business to develop the product are also key aspects of such an IT file. The past has shown the data information sharing between businesses where they have kept the profits ahead of the consumers making them go bankrupt. The IT compliance makes it mandatory to keep the information safe for al in the market while also makes the proposition to make the government authorizes aware of the IT issues. The risk management and mitigation process and the team control are of great need where the compliance comes handy. Further, the many stakeholders who are associated with the business are the failure to secure governance and IT compliance. The US has its body like Information System Audit and Control Association (ISACA) to give the businesses and the IT there in the scope of IT features of doing business in the US.

keosha answered 2 days ago

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