Reference no: EM132290199 , Length: 2000 Words

Strategic Information Systems for Business and Enterprise Assignment -

Assessment Title: Case Study - Bell Studio

Purpose of the assessment - Students are required to:

• Describe the various transaction cycles, financial reporting, management reporting systems and e-commerce.
• Understand the risks inherent in computer-based systems/ERP, including e- commerce, the role of ethics and the various internal control processes that need to be in place.
• Appreciate the opportunities for computer fraud and the security measures in electronic commerce that need to be taken to overcome this.

Assignment Specifications -

Background - You are recently employed as a business analyst at Bell Studio, an Adelaide-based wholesaler of art supplies. Bell Studio sources its inventories from manufacturers in Australia, China, Japan and New Zealand. The company has a centralised accounting system with networked terminals at different locations.

Required - Prepare a report to Chief Operating Officer to evaluate the processes, risks and internal controls for its expenditure cycle. In your report, you need to include the following items:

• Data flow diagram of purchases and cash disbursements systems.
• Data flow diagram of payroll system.
• System flowchart of purchases system.
• System flowchart of cash disbursements system.
• System flowchart of payroll system.
• Description of internal control weakness in each system and risks associated with the identified weakness.

Assignment Structure -

The report should include the following components:

• Assignment cover page clearly stating your name and student number
• A table of contents, executive summary
• A brief introduction or overview of what the report is about.
• Body of the report with sections to answer the above issues and with appropriate section headings
• Conclusion
• List of references

Attachment:- Assignment File.rar