ITM103 Accounting Information Systems Assignment - I Last Date of Submission: 15th October 2014 Maximum Marks: 100
Assignment Code: 2014ITM103B1
Attempt all the questions. All the questions are compulsory and carry equal marks.
1.
Section-A Describe the issue of ethics and privacy in case of Accounting Information Systems.
2.
Why accounting information system is the back-bone of any organization? What are the most common applications of system in accounting? Explain in details.
3.
What are the basic internal control concepts, and why are computer control and security important? What are the four types of control objectives that companies need to set?
4.
Discuss how AIS can provide management with information for decision making. Section-B
Case Study Prepare a program flowchart for the following application. This application calculates straightline depreciation for a file of fixed assets. The fixed-asset file consists of the following record types: 5.
a.
A header record, which contains the file ID number and a hash total of all of the record ID (key) values.
b.
A record for each fixed asset. Each record contains the following fields: ID number, a location code, original cost, useful life in months, depreciation taken to date, and salvage value.
The program should read each fixed-asset record, compute the amount of depreciation for the year (12 months), update the necessary fields, and write the updated record. End-of-job processing should print the number of assets processed, print the total depreciation compound, and verify the hash total for this run.
ITM103/July 2014
Page 1/2
ITM103 Accounting Information Systems Assignment - II Last Date of Submission: 15th November 2014 Maximum Marks: 100
Assignment Code: 2014ITM103B2
Attempt all the questions. All the questions are compulsory and carry equal marks.
1.
Section-A Write short notes on Integrated Accounting Software
2.
Write short notes on the following: a.
Follow-up and Maintenance of the accounting systems
b.
Outsourcing of accounting process
3.
List and explain various elements AIS technology comprises of?
4.
Describe the phases of system development life cycle? What is the difference between analysis and design? Section-B
Case Study You have been assigned the responsibility of systems developer for the PBC Company. The company manufactures electronic components on a special order basis. Most of the company’s business relates to defense contracting. The typical job might be valued at $500,000 and take six months to complete. Your initial investigation of the system reveals that the company has no system at all for monitoring the progress of a job. This is very important, since cost overruns, if undetected in the early stages of the project, should result in very large losses to the company. To make things worse, the company has no formal procedure for evaluating the profitability of project after it is complete. Required: 5. Produce a systems development plan to monitor and control costs for the PBC Company. Your plan should include a list of documents to be created at the analysis, design, and implementation stages.