FNSACC505: An Organization Is Considering The Development Of An Accounting Information System: Establish And Maintain Accounting Information Systems Assignment, SU, Australia
|Subject||FNSACC505: Establish And Maintain Accounting Information Systems|
Question 1 – Question and Answers
Answer the following questions in writing.
1. An organisation is considering the development of an accounting information system. What are three things they should consider as part of this process?
2. Outline the key features of codes of practice relating to accounting systems
3. Outline the organisational policy and procedures relating to accounting systems
4. Why should transactions be entered promptly and correctly in accordance with organisational requirements?
5. System and records requirements are prioritized according to the importance and urgency of user needs. What key features do you think an AIS should have? Why?
6. Discuss ethical considerations for the handling of financial reconstruction
7. Explain the key features of financial legislation relating to
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