Presentation on Accounting Information Systems

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Accounting Information Systems
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Introduction

• Importance of payroll framework in an
  organisation marks and demands proper and  smooth
  development of the organisational management. The
  management of the organization and the play of
  the management in terms of dealing with the
  organisational workers marks the smooth operation
  of the organsiation. It can be so detected that
  the organization along with the workers are bound
  with the relation of employer and employee common
  thread of paying and receiving of salary and
  wages respectively. The opportunity in the
  following will be based on the understanding of
  the consequences if the framework of COBIT and
  COSO were implemented by the organization.

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Section 1Discussing frameworks of COBIT and COSO
along with controls that must be utilised in the
project of Queensland Health payroll system
COBIT As supported by De Haes et al. (2013,
p.320), COBIT is one of the latest version of
ISACAs globally accepted framework for the
proper end to end governance of enterprises and
organization related to IT. The central
management of the framework helps in the creating
of the values in the enterprises. The prime use
of the organizational support and the use of the
framework is the smooth management of the
leadership, guidance and practice with the use of
the analytical tool that is managed by COBIT.
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Contd

• Proper and appropriate level of governance is
  being provided if Cobit framework had been
  followed in the concerned project.

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Contd

• COSO As supported by Rubino et al. (2017, p.99),
  the framework of COSO is used by the managers of
  the organization for the development of the
  organization in terms of gaining proper view of
  the organization's internal control and thus
  makes the managers of the organization smooth and
  better operating ground for the operation of the
  organization. This framework helps in the well
  management of the organization operation for the
  better development of the organisations internal
  process for for development.

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Contd.

• The policies and the procedure help in better
  management of the organization provided by the
  COSO.

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Contd

• Lattice As mentioned by Rubino et al. (2017,
  p.200), the LATTICE framework is an obsolete one
  ion the proper managing of the  development of
  the organization. The smooth operation of the
  organization is based on the framework of the
  organization in the opportunity of the
  organization. The framework is literally based on
  the smooth operation of the organization with the
  help of the scaffold in the organisation. The
  guidelines of the organization helps in the
  marking of the organisational procedures.

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Contd

• The overall development as based on the
  guidelines does not allow the managers to go out
  of the space and think. Rather leads in the
  operation of the organisation with fixed and
  close ended opportunity.

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Section 2Discussing the framework and control if
implemented within the Queensland Health Payroll
project by-2.1 Health Department of state of
Queensland

• The health department of Queensland made proper
  attention towards the system for managing the
  accounting and other responsibility but failed in
  hard numbers. The availability of all the modern
  advantage made the by the modern situation of
  accounting standards gives an organisation the
  entire required objective and the situation for
  the smooth development of the organisation.

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Contd..

• The use of the COSO in the department would have
  resulted in the better managing of the internal
  controls and would have supported in the smooth
  understanding of the management and the quality
  of the organisational work. The cost would have
  significantly managed by the framework and the
  payroll frame work would not have failed which
  would have led to the smooth development of the
  organisation along with the satisfaction of the
  workers and the care users. The implementation of
  COSO would have help-ed the organisation in
  attracting more of potential investors, which
  would have further resulted in the development of
  the financial strength of the organisation

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2.2 IBM

• As mentioned by IBM is one of the control process
  that help in managing organisational and
  managerial work in a smooth and development.  The
  queen Queensland State Government for  shared
  service initiative (SSI),  implemented pibm for
  preparation of the organisation.  at the IBM was
  not the only form for information that they used
  for the development of the organisation but
  logica and SAP were also out of the,  operation
  of Organisation in an organisation development
  situation.  in 2005 the IBM was contracted by
   FSI for transformation of the organisation
  formed.

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Contd..

• The implementation of the word with the help of
  IBM was better in chance of making proper work
  Brin solution will gather the employee of the
  organisation and maintain a proper authority in
  operation of the organisation which also included
  management and implementation on new projects of
  the organisation with special care and effective
  efficiency.

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2.3 Other parties or contractors

• According to the observation of Houghton et al.
  (2016, p.365), among the other parties or
  contractors who were involved in the payroll
  system of Queensland health department, Corptech
  was much well-known and reputed one. The main
  objectives of Corptech has been to oversee entire
  implementation of health payroll strategies
  across all the Department of Queensland
  Government, commencing strategy of SAP as an
  Human Resource (HR) practice as well as Workbrain
  solution and managing of prime contractor.
  Payroll tests have been successful by
  implementing the solutions of SAP HR along with
  Workbrain solutions unlike LATTICE solution.

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Section 3Discussing work carried out in the 2
stages of System Development Life Cycle

• Supported by Fair, (2016, p.52),  the first stage
  of the system development life cycle manages to
  be the System study which mark sweep elementary
  stage of system development life cycle.  the
  investigation of the system development life
   cycle system study can be traced back to
  actually and physical system of the organisation.
   This is Temple along with System study health in
  and listing the study referring to the problem
  objective terms of reference constraint aspects
  and effect of the benefits and impacts of the
   demerits of the organisation.

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Contd

• the study helps in better identification of the
  issues and the mitigation of such issues related
  to the inference and findings of the work done
  for the development of the organisational
  procedure and structure.

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• The prime and the most important objective of a
  study thing feasible is not to solve the problems
  but to identify the scope of the object to that
  will help an organisation to add that precede
  into better developmental situation and
  opportunities. The economic feasibility is
   identified for the Solving problems of an
  organisation we use of Better economic and cost
  effective methods. The use of the cost effective
  method and proper benefit analysis of the
  situation smart the feasibility of the study in
  terms of economic condition.

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• As inferred by Houghton et al. (2016, p.363),
  Social feasibility marks the  situation where the
  objective of the organisation is accepted and
  enjoyed by every community of the society without
  causing any social issues on cultural problems.
  It is essential to understand the impact of the
  society in an organisation for  with the
  development of the operation and cultural views
  of the organisation.

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Conclusion

• From the above thorough understandings of the
  case study it can be evidently supported that the
  use of the framework in updated manner is most
  important activities in leading an organisation
  successfully with financial strength to the goal
  targeted. The objectives of the framework nas
  supported by the framework have described the
  requirement of the initial implementation and
  proper practising for better development of the
  organisation. The implementation of the COSO and
  COBIT in the operation of Queensland management
  would have supported the operation in the better
  payment of the workers and the successful
  formation and fulfilling of the payroll action.

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