Importance of Payroll Framework in Organizational Management

Accounting Information
Systems

 Importance of payroll framework in an organisation marks
and demands proper and smooth development of the
organisational management. The management of the
organization and the play of the management in terms of
dealing with the organisational workers marks the smooth
operation of the organsiation. It can be so detected that the
organization along with the workers are bound with the
relation of employer and employee common thread of
paying and receiving of salary and wages respectively. The
opportunity in the following will be based on the
understanding of the consequences if the framework of
COBIT and COSO were implemented by the organization.
Introduction

Section 1
Discussing frameworks of COBIT
and COSO along with controls
that must be utilised in the
project of Queensland Health
payroll system
COBIT: As supported by De Haes et al. (2013, p.320), COBIT is one
of the latest version of ISACA’s globally accepted framework for
the proper end to end governance of enterprises and organization
related to IT. The central management of the framework helps in
the creating of the values in the enterprises. The prime use of the
organizational support and the use of the framework is the smooth
management of the leadership, guidance and practice with the use
of the analytical tool that is managed by COBIT.

 Proper and appropriate level of governance is being provided if
Cobit framework had been followed in the concerned project.
Contd...