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Strategic Information Systems for Business and Enterprise

Prepare a report to Chief Operating Officer to evaluate the processes, risks and internal controls for its expenditure cycle.

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Added on  2023-02-01

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This document provides an overview of strategic information systems for businesses and enterprises. It covers topics such as transaction cycles, financial reporting, management report systems, e-commerce, and risks in computer-based systems. The importance of ethics in a business enterprise and security measures are also discussed.

Strategic Information Systems for Business and Enterprise

Prepare a report to Chief Operating Officer to evaluate the processes, risks and internal controls for its expenditure cycle.

   Added on 2023-02-01

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Strategic Information Systems for Business and Enterprise
DATE:
PRESENTED TO:
PREPARED BY:
Strategic Information Systems for Business and Enterprise_1
Executive summary
According to (Archer, and Yuan, 2010) an effective data framework makes an effect on the
association's, execution, capacity and effectiveness. Nowadays, data framework and data
innovation have became an indispensable piece of any successful business and is seen as a
noteworthy utilitarian region like some other practical zones, an example being, promoting,
account, generation and HR, and so forth. Subsequently, it is essential to understand the elements
of a data framework simply like some other utilitarian zone in business. A very much kept up
data frame, the board data framework bolsters the association at various dimensions. Numerous
organizations are utilizing data framework that cross the limits of customary business works so
as to re-build and improve fundamental business forms all over the undertaking.
Strategic Information Systems for Business and Enterprise_2
Table of Contents
Executive summary.........................................................................................................................1
Introduction......................................................................................................................................2
Transaction cycle.............................................................................................................................3
Financial reporting...........................................................................................................................4
Management report systems............................................................................................................5
E-commerce.....................................................................................................................................8
Risks in computer-based systems....................................................................................................8
Importance of ethics in a business enterprise................................................................................10
Security measures..........................................................................................................................10
Conclusion.....................................................................................................................................11
References......................................................................................................................................11
Strategic Information Systems for Business and Enterprise_3
Introduction
An accounting data framework is a structure that a business uses to gather, store, oversee,
process, recover and report its money related information so it very well may be utilized by
bookkeepers, experts, business examiners, supervisors, CFOs, inspectors, controllers and
expense offices. Uncommonly prepared bookkeepers work inside and out with bookkeeping data
framework to guarantee the most elevated amount of precision in an organization's money
related exchanges and record-keeping, just as make budgetary information effectively accessible
to the individuals who really need access to it — all while keeping information unblemished and
secure. A bookkeeping data framework is commonly a PC based technique for following
bookkeeping action related to data innovation assets. The subsequent money related reports can
be utilized inside by the executives or remotely by other invested individuals including
speculators, lenders and expense experts. Accounting information structures are planned to help
all accounting limits and activities including reviewing, monetary bookkeeping and detailing,
administrative/the executives bookkeeping and duty (Arik Ragowsky, 2012). The most broadly
embraced bookkeeping data frameworks are examining and budgetary announcing modules. The
heads of an association use the administration cycle to enable an association to meet its
objectives with time. The bookkeeping data framework contains procedures, information sources
and yields to detect and dissect, record, abridge and layout of site.
Strategic Information Systems for Business and Enterprise_4

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