Appraise the risks inherent in computer-based systems

Reference no: EM132624508 , Length: word count:3000

HI5019 Strategic Information Systems for Business and Enterprise - Holmes Institute

Learning Outcome 1: Critically evaluate the purpose and role of accounting information systems in today's business environment,

Learning Outcome 2: Evaluate systems development methodologies and the role of accountants in system development projects (ULO 3), and

Learning Outcome 3: Appraise the risks inherent in computer-based systems/ERP, including the role of ethics and the various internal control processes that need to be in place

Assignment Details

Background

You are recently employed as a graduate consultant in a management consultancy firm. One of your firm's clients is currently evaluating its information systems, and the Managing Director of your client thinks that they needed to invest in an Enterprise Resources Planning (ERP) system to support the growth of the business.

Required

You are required to prepare a report to evaluate and recommend an ERP software for a listed company of your choice (your firm's client).1

The report should include the following components:

1. Background of the Selected Business
• Describe your client's business and its business activities.
• Discuss the key business processes for your client.
• Based on our discussion in Interactive Tutorial 4 to 6, evaluate the business process of your clients to identify potential weak internal controls and the risk associated with these potential weak controls.
• Recommend the control techniques that will reduce or eliminate these potential risks.

2. Systems Requirements
• Outline the software features and functionalities that your client should consider supporting its business activities.

3. Software Selection
• Discuss the history of ERP, particularly the history of ERP in the modern manufacturing world.
• We have discussed the general functionalities and key elements of ERP systems in Week 9 and 10 (Chapter 11: Enterprise Resource Planning System). Compare and contrast the features and functionalities of three ERP software packages offered by the ERP vendors.
• And finally, identify the most suitable vendor and ERP software package for your client
and explain why it is the best option.

Assignment Structure

The report should include the following components.

1. Holmes Institute Assignment Cover Sheet
2. Executive Summary
The Executive summary should be concise and not involve too much detail. It should make commentary on the main points only and follow the sequence of the report. Write the Executive Summary after the report is completed, and once you have an overview of the whole text.

3. Contents Page
This needs to show a logical listing of all the sub-headings of the report's contents. Note this is excluded from the total word count.

4. Introduction
Typically, the introduction is a short paragraph which includes background, scope and the main points raised in the order of importance. There should be a brief conclusion statement at the end of the introduction.

5. Main Body Paragraphs with Numbered Sub-headings
This section contains the detailed information which elaborates on the main points raised in the introduction. Each paragraph should begin with an exact topic sentence, then supporting sentences with facts and evidence obtained from research and finish with a concluding sentence at the end.

6. Conclusion
This section contains a logical and coherent evaluation based on a thorough and objective assessment of the research performed.

7. Appendices
This section includes any additional explanatory information which is supplementary and/or graphical to help communicate the main ideas made in the report. Refer to the appendices in the main body paragraphs, as and where appropriate. (Note this is excluded from the total word count.)

Reference no: EM132624508

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