Financial Accounting Information System: Quality Assurance Plan and Implementation Steps

A PRESENTATION ON FINANCIAL
ACCOUNTING INFORMATION
SYSTEM
STUDENT
TUTOR
INSTITUTIONAL AFFILIATIONS
DATE

OVERVIEW OF THE PRESENTATION
Background information
Features of IT business model
Quality assurance plan for accounting firm
Steps involved in implementing the quality plan
How the quality assurance process will be controlled
Defects and measures taken to be modified
Measures taken to maintain quality to meet the Australian standards

BACKGROUND INFORMATION
An accounting firm needs to utilize multiple technology to increase its efficiency
for delivering services to its clients.
The critical infrastructures and software must be compatible and effective to suit
all operations pertaining to but not limited to financial accounting activities
involving credit card processing and the ability to send invoice.
The organization needs to utilize cloud based services for its operations and it
must adhere to the statutory requirements concerning copyright and intellectual
property in its operations.

FEATURES OF IT BUSINESS MODEL
Given the requirements, the organization needs a robust information system business model to ensure that the firm utilize
technology to generate maximum profit and to ensure that the firm is in compliance with the legal requirements of the state
(Momoh, Roy, & Shehab, 2010; Rainer, Cegielski, Splettstoesser-Hogeterp, & Sanchez-Rodriguez,
2013). The proposed features of the business model that will take care of the organizations business operations are:
 The organization must have skilled personnel who operate the system. They include information technology experts,
accountants, business analysts and managers.
 There must be instructions and procedures on how data is collected, processed, stored retrieved and disseminated.
 Software involving all computer programs used in the accounting information system to process data.
 Information technology critical infrastructure including all hardware used in accounting information system operations.
 A pertinent IT business model must have internal controls as security measures to protect the information system and data
from cybercriminals.