Assignment Title: Case Study - Paradise Industries
Purpose of the assessment: Students are required to:
1. Critically evaluate the purpose and role of accounting information systems in today's business environment.
2. Articulate the various transaction cycles, financial reporting, management reporting systems and e-commerce systems to technical and non-technical stakeholders
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.
Case Study - Paradise Industries
Required - Prepare a report to the managing director of Paradise Industries to evaluate the processes, risks and internal controls for Giant Eggplant's expenditure and conversion cycle. In your report, you need to include the following items:
1. System flow chart of expenditure cycle.
2. System flow chart of conversion cycle.
3. Analysis of physical internal control weaknesses in the expenditure cycle.
4. Analysis of the risks exists in the conversion cycle and the changes needed to reduce the risks.
Assignment Structure: The report should include the following components:
1. Assignment cover page clearly stating your name and student number
2. A brief introduction of what the report is about
3. Body of the report with appropriate section headings
4. Conclusion
5. List of references.
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Attachment:- Case Study - Paradise Industries.rar