logo

AIS Implementation, Monitoring and Review Plan Proposal : Assignment

   

Added on  2020-05-16

12 Pages2238 Words584 Views
Running head: AIS IMPLEMENTATION, MONITORING AND REVIEW PLANProject: AIS Implementation, Monitoring and Review Plan ProposalName of the student:Name of the university:

1AIS IMPLEMENTATION, MONITORING AND REVIEW PLANExecutive summaryThis proposal reflects the role of an Accounting Information System in local garment storeinformation securely. It will help the business organization to gain effective revenue andmeasurable success from the competitive market. The features for which the company shouldinstall AIS are elaborated in this proposed. In addition to this, it is also defined that AIS helps toincrease the affordability, security and efficiency of the business. The implementation,monitoring and review approaches of the AIS are also analyzed in this propose and based on thefeatures of the AIS it has been found that the system is highly acceptable to the garment shore.

2AIS IMPLEMENTATION, MONITORING AND REVIEW PLANTable of ContentsIntroduction......................................................................................................................................31. Identification and documentation of record and system requirements........................................31.1 Statutory requirements...............................................................................................................31.2 Organizational policy and procedures.......................................................................................41.2.1 Policy......................................................................................................................................41.2.2 Procedures...............................................................................................................................42. Monitoring review reporting systems..........................................................................................53. Key features of accounting Information system..........................................................................64. Ethical consideration for financial reconstruction.......................................................................65. Comparison and contrast between different data protection method..........................................76. Explanation of the process and procedures to store and recording financial data.......................77. Potential problems and difficulties..............................................................................................8Conclusion.......................................................................................................................................8Recommendations............................................................................................................................9References......................................................................................................................................10

3AIS IMPLEMENTATION, MONITORING AND REVIEW PLANIntroductionThis proposal depicts the importance of developing the Accounting Information systemin a local garment wholesale Company in order to gain effective revenue and competitiveadvantages as well. The role of the project leader and accounting professional is to define properimplementation, monitoring and review plan for developing the Accounting Information Systemfor the Garment Company. If the project manager fails to meet the requirements accurately then the project thedifferent security oriented risks will occur those are needed to be mitigated at the same time.However, in order to resolve the issues certain AIS implementation, monitoring review standardsare needed to be followed by the project manager and project team members. After analyzing thedetails of AIS requirements a set of recommendations and ethical considerations those shouldalso be adopted by the project manager are also elaborated in this proposed. 1. Identification and documentation of record and system requirements 1.1 Statutory requirements In order to develop AIS for any company it is necessary for the project manager toconsider the statutory requirements. The corporate internal control legislation system eventuallydemands for AIS and currently revising different laws (38/2005, 231/2001, 262/2005). AIS arelegal requirement in order to comply with tax regulations (Laudon and Laudon 2016). It isviewed as a source of information to take superior and timely business related decisions. In orderto understand the details of AIS legal requirements an AIS framework is also developed. Thesystem complexity will also be minimized with the adoption of proper legal requirements. The

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Managing Information System - Desklib
|10
|2357
|264

Code of Practices for Accounting System
|8
|1933
|101

Financial Accounting Information System: Quality Assurance Plan and Implementation Steps
|13
|1256
|184

RISK MANAGEMENT IN ENGINEERING 3 Risk Management Procedure for an In-patient Data Storage System
|26
|5150
|464

Assignment on What is Accounting Information System?
|20
|5336
|14

Importance of Accounting Information
|12
|2038
|92