Accounting Information System Project Report

Accounting Information System
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Executive Summary
The project report highlight the sales process that is being followed by the management of the
Bucks Phyz and further by highlights the internal weakness and its impact on the working of the
organization. The report highlights the negative aspects associated with the current scenario. The
report points out the weakness in the internal operations of the organization and the ways or
methods in which such weakness can be overcome. The report further classifies the ways and
methods in which the risk can be spread so as to cope up with the weakness. The report further
classifies the positive and negative aspects related to the introduction of the credit cards and how
the utilization of such cards will provide the companies in implementing its policies and
guidelines in an effective manner.
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Contents
Executive Summary.........................................................................................................................2
Introduction......................................................................................................................................4
Overview of Sales process...............................................................................................................5
Internal control weaknesses in Bucks Phyz sale process.................................................................6
Review of Introduction of corporate credit cards within Bucks Phyz:............................................8
Benefits and risks.........................................................................................................................8
Internal Control Guidelines that can be implemented by Bucks Phyz to minimize the impact
and occurrence of the risks........................................................................................................10
Recommendations for credit cards............................................................................................10
Conclusion.....................................................................................................................................12
References......................................................................................................................................13
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Introduction
The entire projects related to a company which is Bucks Phyz is included in this report and they
provides the key areas of the company which is to be taken into consideration for improvement
in accounting information system of the company. The report provides many useful
recommendations and suggestions that could be adopted by the company so as to overcome its
weakness and maximize its sales revenue and thereby promoting sustainability and growth. The
recommendations are based on the review and analysis conducted for the company. The report
aims at analysing whether with the operation of the corporate credit cards, the company could be
able to achieve a favourable sales position in the market or not.
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