In this table are information pertaining to products. These are the records of purchasable items at the store. This is a great tool for the sales person who would have to answer the customers as they inquire able the products carried by the store. The order table help the store to track and keep records of all order placed by their customers. The next is the order line table.
Time and billing software allows the auditor to quickly record and bill the hours spent on an audit. Reference libraries are used to quickly find company-specific policies and procedures and to search for authority with a particular problem. Document management software has made online document storage readily available and practical. An example of document management software is a program that lets you scan documents into the system and store them
Functions of audit productivity software include electronic working papers, electronic sharing of schedules, calendars, and files, time and billing, reference libraries, and document management. Using electronic working papers is one way for an auditor to increase productivity as they can automate the planning stage of an audit. The auditor can minimize the time and effort creating manual audit papers and questionnaires and increase his or her efficiency. With the use of electronic working papers, the auditor can import the data of a client and electronically input audit adjustments. He or she is then able to produce spontaneously GAAP-based financial statements.
This is when an auditor does an actual review of the processes and the security of these processes and makes “professional recommendations” on the implementation of systems, the security of the systems and software, and even recommendations on better implementation of the database management. SAS 70 is important for all processes, electronic and manual, that may be outsourced to third party companies or may be maintained by third party software. This report provides the company as well as the third parties with a report that provides information on the internal controls that are in place and their effectiveness within both businesses. This allows the organizations to determine whether or not they need to make changes to their processes to ensure the security of the data that is being shared between parties (Hunton, 2004, p. 217). Finally, SAS 94 addresses the need for the auditor, and its firm, to fully understand the programming and technology that is being used for any given company.
This ID will track the purchasing habits of customers and take account of what their purchases are as well as their quantity. The customer can access their account online by entering in the ID code and e-mail address. The customer can then track their purchases and points, use their points there, or make online purchases logged into their account. Security The data entered and transmitted will be on a secured server and website. Security measures will be put in place at each location including anti-virus and removal of hazardous programs.
Department managers are responsible for maintaining inventory levels, forecasting sales, and obtaining the best prices and quality of the products. Department managers rely on historical sales data to determine what their future sales will be as well as inventory forecasting. The director of administration and human resources is responsible for ensuring that the stores employee a diverse staff, by ensuring the staff is diverse this helps ensure the products offered are catered to a diverse clientele. Kudlers Fine Foods uses an outside accounting to ensure that accounting practices fall within federal guidelines. They also have a lawyer on retainer for legal advice if
Customers must be present in order to access the customer’s account and access to accounts is monitored. This helps protect he customer’s information and prevents it from getting in to the wrong hands. The customer’s information is also used for sales purposes. Customers information such as social security and madden names of parents are used to identify customers credit and offers are either mailed, emailed, called, or told by teller when there is an opportunity to make a sale to a customer based on their credit, income, or profile. The bank location also handles a large amount of money on a daily basis.
Microsoft designs the software and it provides a complete point of sale (POS) solution that enables Kudler to meet unique requirements (Microsoft Dynamics, 2014). The current computer system requires Kudler to do many manual tasks, which can be costly due to the time it takes manually to document and reproduce company data. The system is not connected to a network so each of Kudler’s location has to update the information manually. All three locations exist and operate as a separate entity; therefore accessing data from one another becomes far too
As for the other departments in the company that use computers can create the interface that best suits their needs and their business type. The POS will allow the clerks to continue business as usual with the exception of customer basic information can now be accessed from the POS screen and an area for specific notes for each customer. Inventory, Suppliers, Customers, Employees, Departments, are managed and maintained through a series of powerful databases. All of the information entered into the system are integrated and managed by each database. For security reasons Managers can control who has access to the system and each user is assigned a unique security profile that determines exactly what features and functions can be accessed.
By purchasing or creating a system for KFF, Kathy would be able to spend time interacting with the customers that she enjoys. All of the stores would become electronic in every way. When the stores order product, the system logs them. When product is sold, the cash registers communicate with each other and to the system, where inventory is automatically deducted. The purchasing agent could then monitor the inventory and order product when necessary for each store and have it delivered on an as-needed basis.