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Presentation on Accounting Information Systems

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.

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Presentation on Accounting Information Systems

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  2.  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. 

  3. COBIT: As supported by De Haes et al. (2013, p.320), COBIT is one of the latest version of ISACA’s 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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  5.  Proper and appropriate level of governance is being provided if Cobit framework had been followed in the concerned project.

  6.  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 organisation’s internal process for for development.

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

  9.  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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  11.  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.

  12.  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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  14.  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

  15.  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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  17.  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.

  18.  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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  20.  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.

  21.  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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  23.  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.

  24.  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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  26.  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.

  27. Fair, M., (2016). Generalized record linkage system–Statistics Canada’s record linkage software. Austrian Journal of Statistics, 33(1&2), pp.37-53 Ling-Chin, J., Heidrich, O. and Roskilly, A.P., (2016). Life cycle assessment (LCA)–from analysing methodology development to introducing an LCA framework for marine photovoltaic (PV) systems. Renewable and Sustainable Energy Reviews, 59, pp.352-378 Ioppolo, G., Cucurachi, S., Salomone, R., Saija, G. and Shi, L., (2016). Sustainable local development and environmental governance: A strategic planning experience. Sustainability, 8(2), p.180 Houghton, R.J., White, C., Golightly, D. and Wilson, J.R., (2016). Span of control in supervision of rail track work. Cognition, Technology & Work, 18(2), pp.361-378 Sanyanunthana, K., 2016. Education Quality Development for Excellence Performance with Higher Education by Using COBIT 5. Education, 1, p.524 Pandeya, N., McLeod, D.S., Balasubramaniam, K., Baade, P.D., Youl, P.H., Bain, C.J., Allison, R. and Jordan, S.J., (2016). Increasing thyroid cancer incidence in Queensland, Australia 1982–2008–true increase or overdiagnosis?. Clinical endocrinology, 84(2), pp.257-264 De Haes, S., Van Grembergen, W. and Debreceny, R.S., (2013). COBIT 5 and enterprise governance of information technology: Building blocks and research opportunities. Journal of Information Systems, 27(1), pp.307-324. Rubino, M. and Vitolla, F., (2014). Internal control over financial reporting: opportunities using the COBIT framework. Managerial Auditing Journal, 29(8), pp.736-771. Chang, S.I., Yen, D.C., Chang, I.C. and Jan, D., (2014). Internal control framework for a compliant ERP system. Information & Management, 51(2), pp.187-205. Rubino, M., Vitolla, F. and Garzoni, A., (2017). The impact of an IT governance framework on the internal control environment. Records Management Journal, 27(1), pp.81-101. Seyal, A.H., Poon, S.H. and Tajuddin, S., (2016), November. A Preliminary Evaluation of ICT Centers Performance Using COBIT Framework: Evidence from Institutions of Higher Learning in Brunei Darussalam. In International Conference on Computational Intelligence in Information System (pp. 235-244). Springer International Publishing. Gantman, S. and Fedorowicz, J., (2016). Communication and control in outsourced IS development projects: mapping to COBIT domains. International Journal of Accounting Information Systems, 21, pp.63-83. Rubino, M., Vitolla, F. and Garzoni, A., (2017). How IT controls improve the control environment. Management Research Review, 40(2), pp.155-205. Gil-Pechuán, I., Pullicino, P. and García, M.P.C., (2014). Implementation Methodology of Effective Governance to Ensure the Quality of IT Service. In Action- Based Quality Management (pp. 175-192). Springer International Publishing. Goosen, R., (2016). The development of an integrated IT risk assessment questionnaire for internal auditors' use. Southern African Journal of Accountability and Auditing Research, 18(1), pp.63-71.                

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