Assignment Accounting Information System (AIS)

Added on - 29 Apr 2020

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Running head: ACCOUNTING INFORMATION SYSTEMAccounting Information SystemUniversity NameStudent NameAuthors’ Note
2ACCOUNTING INFORMATION SYSTEMTable of ContentsIntroduction................................................................................................................................2Propose 1....................................................................................................................................4Propose2.....................................................................................................................................5Propose3:....................................................................................................................................7Propose4.....................................................................................................................................8Conclusion................................................................................................................................10References................................................................................................................................12
3ACCOUNTING INFORMATION SYSTEMSecurity management controls in an Accounting Information SystemCritical Evaluation of the need for computer based information system in a retailcorporationIntroductionAccounting information system is essentially a framework that a business utilizes in order tocollect, store, handle, process, recover and report financial data so that the same can be usedby professional accountants, business consultants, managers, business market analyst,auditors, regulators and many other agencies. The current study elucidates in detail about therequirement of computer based information system in the retail business of householdelectrical appliances.Computer based information system has several applications in the retail industry. Computerbased information system can help in systematic utilization and management of technologyand people for management of the overall information flow. There is a need forimplementation of computer based information system in order to assimilate payment,business transaction and inventory system that in turn can enhance operations and lessen thecost by averting duplicate entries (Peppard & Ward, 2016). The system can help in trackinginventory and effectively respond to requests of the customers swiftly and subsequentlyimprove service, expand base of the customers and augment profit. This computer basedsystem can also help in accessing data effortlessly and recognize opportunities to enhancewaste reduction, recycling materials, and selecting environment friendly packaging system(Sousa & Oz, 2014). Also, computerised information system also assists in safeguards andmakes certain adherence to diverse legal limitations on product pricing, promotional activitiesas well as other policies.
4ACCOUNTING INFORMATION SYSTEMRetail security management are normally within the reach and access of the public that inturn makes them very difficult to secure. The retail system are essentially largely dispersedand these systems connect to various networks that include in-store, as well as corporate andever more the internet. In essence, there is need for computer based security control systemsfor protecting customer credit card data as well as personal identifiable information as perprivacy regulations. There is also need to manage baseline configuration drift as retailsystems sometimes deviate from the authorized baseline for example, introduction of novelcodes, changes in configuration, specific baseline drift and many others that can weaken thesecurity. Unlike different high value endpoints of traditional system shielded with securitylayers, retail systems are cery much accessible by frauds and malicious insiders. In additionto this, there are many retailers who lack the connectivity and proper maintenance. Inessence, in today’s retail management there is lack of connectivity, service models as well asbandwidth that can receive different updates of malware signatures file. As such, remoteretail stores also have lack of technical experts that are capable of identifying, detecting andat the same time repairing the identified problem.Propose 1Name of the control: Higher amount of investments in the cyber security efforts of thecompany and implementation of the data security standard. As such, the management of theretail firm can take into consideration implementation of the data management control astheir value can prove to be useful in the upcoming period (Sousa & Oz, 2014).Description of the control:Organizations essentially store data as it has value and the reasons for strong the data candevelop certain concerns. As the data has certain value, the same should not be madeavailable to anyone and everyone (Sousa & Oz, 2014). Therefore, access to data needs to be
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