Auditing Database Systems, Systems Development & Program Change Activities And Transaction Processing & Financial Reporting System

1041 Words Jul 5th, 2015 5 Pages
Introduction
The second assignment is based on Auditing database systems, Systems Development & Program change activities and Transaction processing & financial reporting systems. This paper will answer the problems specified in this second assignment, it will provide solutions to problems 5, 12, and 23 on pages 168, 220 and 288 respectively.
The first problem deals with First State Bank and suggested configurations for the banks databases and data communications facilities. The second problem deals with the activates that promote effective control and finally the last problem which deals with XBRL and the enhancements and discussion of data integrity, internal control and reporting concerns in relation to XBRL.
Question 1
Response:
This configuration will entail a hybrid of centralized and decentralized processing. Because customers should be able to bank at any of the 11 branches, cash withdrawal transactions from each branch should be centrally processed and the customer databases updated. Deposits of cash and checks and payment of customers’ bills can be stored on remote computers, with the data being sent to the mainframe periodically. Banks tend to be more concerned with the promptness in recording cash withdrawals than cash receipts. Thus, the data representing the payment of customers’ bills may be sent to the mainframe computer four to six times a day for updating, while deposits of cash may be transmitted only twice a day. The payroll accounts can be stored and…

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