Explain the role component of accounting information


a) Explain the role, component of accounting information systems, internal control and IT governance using the documentation technique in organisations.

b) Describe the business processes, the related technologies/infrastructure and challenges.

c) Understand the issues of ethics associated with AIS, and the importance of managing internal controls to remove the risk of fraudulent activity and cybercrime.

d) Understand auditing of accounting information systems as required under the Australian Auditing Standards.

In groups of three or four, you will be required to conduct research on AIS/ERP Systems for your client, including define business processes, develop business requirements, determine the systems requirements, software selection and vendor selection. Then prepare a Business Report for the client detailing the processes of selecting an AIS/ERP to help them to make informed decision for investment in accounting software to take their business to the next level.

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Accounting Basics: Explain the role component of accounting information
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