Bank Auditors Assessment of the Use of CD-ROM Technology in the Banking Industry.
Michael W. Lightfoot · 1994
A review of the research has indicated that compact disc-read only memory (CD-ROM) technology is used most often by the home consumer, with educational use next and business use following. To assess how CD-ROM technology is used in the banking industry, bank auditors were surveyed. One hundred business systems and operational auditors in downtown Chicago (Illinois) were selected to participate in this study. Responses of 77 auditors confirmed that almost all felt that there is a need for CD-ROM technology. Seventy-eight percent use CD-ROM technology as a tool for referencing banking and financial information as well as technical information. Fifty-one percent think that CD-ROM saves them significant amounts of time, and they also comment that they are able to use CE-ROM with little or no training. Banks appear to be deeply involved in purchasing CD-ROM products, and the number of CD-ROMs in banks is increasing. (Contains 23 references.) (SLD) *********************************************************************** Reproductions supplied by EDRS are the best that can be made from the original document. *********************************************************************** 4. DAPARTNENT OF EDUCATION OltiCa ot litk1Call0,41Rematch and Improvement EDUCATIONAL RESOURCES INFORMATION CENTER (ERIC) 0 This doCumarit haa bean flIngOdUCIIIKS as wowed from the Wean of ofgatutation originating it 0 Minot changes have Peen mai* to improve uworocluCtIon quality egoist:0,04*0' ogumonastated el thisdocument do not neceseanly lepresent Official OERI position of POitCY Bank Auditors Assessment of the Use of CD-ROM Technology in the Banking Industry by Michael W. Lightfoot April 30, 1994