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

Romney, M., & Steinbart, P. (2012). Accounting information systems. (12th ed., p. 143). Upper Saddle River, NJ: Prentice Hall.

The white paper is intended to provide an overview of the teller system used in daily banking operations. It attempts to detail the different

Go to Course Home and review the Course Project tab. Continue to use the Course Project template from Doc Sharing. In this graded discussion, we will be examining the operation of the Accounting Information System (AIS) with the use of problems and exercises from your textbook. The goal is to cover all of the requirements to ensure an opportunity for your successful completion of the Course Project.

Bagranoff, N. A., Simkin, M. G., & Strand, N. C. (2008). Core Concepts of accounting information systems (10th Ed.). New York, NY:

Miller Incorporated is a data collection and analysis company that was started roughly 2 years ago. The company has enjoyed steady growth as a result of its innovative products and it currently has twenty employees. 4 are members of the information technology (IT) department, 7 are administrative personnel, 5 are support personnel and 2 are managerial staff. The company's innovative and appealing services include data collection through web analytics which is then combined with operational systems data. The company looks forward to continued growth which is expected to reach 60% over the next 18 months. The company has constantly looked for ways to leverage data collected and looks to ensure that the IT infrastructure is able to handle the expected growth. The purpose of this project plan is to present the detailed requirement of the organization as it looks forward to achieving this growth. It will also help to execute and control the expansion plan and facilitate communication among project stakeholders.

The present project is Sever Integrated Banking is the easiest form of accessing one’s Bank account. The main objective of this project is to facilitate the Bank Customer to access his/her account without having needed to go to Bank or ATM. Now we can access our bank account and conduct a host of banking transactions and inquiries through Internet service. The Net Banking solution’s self-service capabilities empowers customers to manage their banking activities better. The general procedure is that the Customer has to go to near ATM/Bank in order to access his account. The main disadvantage of this system is, it is time consuming, costly and it is a tedious process to go there for every small work. The current project gives the best alternative. As it is 24 hrs available and has a maximum reach even to the places where banks are not available. Customers can make fund transfers to others, knowing all information regarding all policies and also customer can pay all bills through net only.

After completing this week’s Learning Activities, use what you have learned to complete this project. Create a word processing document that demonstrates completion of the following tasks. Include the tasks and question numbers in your document. APA Style is not required. If you have questions about the assignment, see the FAQ under General Course Content or post your questions in General Course Questions under Getting Started. When complete, submit your assignment here:

I order for a company such as First State Bank to improve its banking accuracy and speed in order to enhance customer experience. The company needs to first collect customer feedback via the survey on the company web portal or questionnaire at the local branches. After collecting data from the customer survey management and the IT department will apply the customer feedback in their process to enhance the company database. By configuring their database into a crossbreed of centralized and decentralized processing and improves the banking experience. Allowing customer’s the ability to bank at any of the 11 local branches; monitoring transaction and central processing the customers’ data while updating the database. All cash, checks and payment of customer’s bills can be recorded via remote computers (ATM’s and local branch computers). Once the customer transactions are recorded by the computer or ATM the data is then sent to the data warehouse a few times a day updating customers banking statement. For example, local business payroll account can be stored and processed via electronically since most transactions is done electronically or manual cash deposits. The data warehouse that located in the main branch can process more efficiently if a highly experienced data processor is used to alleviate the database of data communication processes. Using a secure carrier network is the best method for good communication, while processing data between servers and the data warehouse. A

thus minimizing the amount of currency that the Company has on hand at any point in time during the week. Additionally, the use of the bank on the daily basis facilitates the control of cash because it creates a double record of all bank transactions - one by the Company and one by the bank. Also we recommend that all receipts be deposited in the

Reliability, authenticity, integrity, and usability are the features used to describe trustworthy records from a records management perspective. An organization needs to consider these features when laying implementation plans for ERM programs; such that it can meet its internal business and legal needs, as well as external regulations (Boiko, 2002). The degree of effort that an organization puts into ensuring that these characteristics are attained depends on

In some computerized accounting systems, inputs to the system are based on handwritten or typed source documents. These documents are then collected and forwarded to computer operations for error checking and processing.

Retail segment of banking has brought products and services closer to customers at school campuses, hospitals, shopping malls, and petrol stations. Service payment of utilities, payment of mobile phone unit transfers, payment of insurance fees and money transfers have characterised retail service delivery in the industry. Other electronic transactions such as e-cards, e-statements, credit cards, debit cards and visa cards have been widely introduced into commercial banking service delivery.

The banking sector is thus one of the most critical areas in business engagements, since it directly handles private customer information, account transactions, payments, loans, account transfers and balances, images of checks and statements, and much more. All these information is stored in computers and files where they can be easily viewed unless a well-authored and detailed security system is in place. While banking business is expected to ensure efficiency and safety for customer information, it is also supposed to provide a simple and user-friendly system of information sharing. According to (Ballad,

1. 1.1 1.2 1.3 1.4 1.4.1 1.4.2 1.4.3 1.4.4 1.4.5 2. 2.1 2.2 3. 3.1 3.2 4. 5. 6. 7. Generalities………………………………………………………..…….. Definition………………………………………………………………..….. Importance…………………………………………………………………. Characteristics ………………………………………………………....... Components of a modern payment system………………………. Real Time Gross Settlement Systems -LBTR- ………….…… Banking Clearing Houses ………………………………..... Automated Clearing Houses -ACHs- ……….…….….. Cross-border

Here the existing system is a manual one which the banking agent can’t maintain effective sharing of information across different branches with proper security and can’t track details easily.