These items take a lot of time to do manually. Now the auditor can let the software do the hard part, and focus more on the examination part of the audit. Groupware is software that allows the sharing of information between computers and networks. Programs such as Lotus Notes and Microsoft Exchange are examples of groupware. Time and billing software allows the auditor to quickly record and bill the hours spent on an audit.
In relation to your current business environment (or one that you are familiar with), identify at least two different types of information technology that may be used when completing work tasks. I use emails to communicate with suppliers and customers and a Smartbook till system which is used to book parties on the internet, I also use word processor to create documents. 2. What are the benefits to businesses (and others) of using information technology for doing work tasks? The benefits of IT for work tasks is the ease of communication, many attendees at a meeting may be invited quickly and in one go rather than individually calling each person.
The photocopier is used to copy documents and reprint them. The printer is used to print out copies of documents from the computer. The scanner is used to scan paper documents and put them onto the computer so the organisation has both an electronic and paper copy and can also send them to other people if necessary. 1.2 - Describe the different features of different types of office equipment The different features on a computer means that I can use the internet to research information about the task I need to compete. Another use of the computer is that it allows me to be able to keep track of all our orders and accounts on one system.
Another function of audit productivity software is that of time and billing. Time and billing software allows auditors and accountants to account electronically for time spent on engagements and manage client billing. Without this software, firms manually compute time and billing, which can result in costly payroll and billing errors. Reference libraries are necessary for any auditor and are a function of audit productivity software. Reference libraries consist of a database populated with company specific policies and procedures in addition to authoritative audit, tax, and consulting rules.
Week 1—System Request 1 Use this system request template and complete the SRS system request. System Request— The Student Records System (SRS) Project sponsor: The School of Prosperity (SoP) Business Need: This system would allow students to handle their own class registrations from any location that has an Internet connection. The SRS would also allow staff to maintain student body records, courses, and scheduled online and face-to-face classes offered for those courses as well. Business Requirements: • Must be internet accessible. • Must allow staff to maintain student body records, courses, and scheduled online and face-to-face classes offered for those courses.
This need not be the case as there are many tools available in developing any process change management plan. To address the questions below assume you have been chosen to develop and direct a Change Management Plan for your business (an immature organization). 1. Conduct research using the Internet and identify the type of software or management tools that you would utilize to help with each of the major steps in developing the plan. Summarize the software/suite selected and identify its key capabilities, advantages and disadvantages.
The purpose of auditing is to obtain an understanding of the business, and for evaluating the entire business operational processes. Internal audits usually focus on reviewing job descriptions, budget information, and other resources for establishing a report on internal controls. External audits are usually a requirement
M1- produces a report comparing the benefits and disadvantages of Peer-To-Peer network and Client/ server network. In this report I will be talking about client/server and peer-2-peer system. I will give a basic definition with a suitable image of each of the system and also I will be stating the advantages and the disadvantages of both of the systems. At the end I will compare both of the system and then give the conclusion to finish my project. Client server Client server is when there is more than one computer is in a network with a server where all information comes through from.
Review Memo to the Executive Vice-President This message should be short but complete coverage of the subject matter. The information remaining should be worded concisely. The executive vice-president would like to know the differences between the two terms LIFO and FIFO so that the management can decide which inventory valuation method the company should use. Therefore, focusing on how it would affect on the P&L statements is necessary. Start the memo by mentioning to the main point that he is looking for.
1.9 Outsourcing Items The project was initiated due to the need for JKT Associates to outsource most of its administrative legal functions. Therefore, the items that JKT Associates will outsource includes PC, Servers, Wide Area Network (WAN), routers, switches etc. JKT will also outsource Comproc’s 100 skilled personnel who will be based at JKT’s Headquarters.