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Discuss in general the ethical issues when employees are tempted todefraud their employer or when companies defraud the public.
What sort of situations can lead to the behavior? What are thecost of fraudulent behavior? What kind of controls can help preventethical problems?

Answer each question and explain minimum of 90 words. No morethan 130 words.

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Trinidad Tremblay
Trinidad TremblayLv2
28 Sep 2019

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Scenario:

Butterfly Corporation where Charles had worked for two yearsafter graduating. He liked his job but the firm was going throughsome rough times. Because the firm was losing money, Douglas, theCEO, set increasingly rigorous performance goals. Charles noticed alot of employees were grumbling about these unrealisticexpectations. He also heard rumors of quality control incidents andother problems.

One day, Charles was called into Douglas’s office. “Hello, Doug.You wanted to see me?” Charles asked.

“Yes, Charles. Come in.” Doug looked grim. After Charles satdown, he began to speak. “Look, you know about the tough times weare in. We are losing money left and right. So far, I’ve been ableto keep this company afloat by drastically making cuts and speedingup production. I guess in all this cost-cutting, there have beenproblems that have come up. A lot of people have called the hotlineto complain about ethical problems, such as employees cuttingcorners to make their quotas. Now I’ve got the board on myback.”

“I’m really sorry, Doug. How can I help?” Charles asked.

“Well, the board requested we perform an ethics audit to makesure everyone is complying with company regulations. As if we don’thave enough to worry about. This is only going to increase ourcosts. Anyway, I want you to lead the audit.”

Charles was stunned. “Me? But Doug, I’ve only been here for twoyears. Shouldn’t you choose a more experienced manager to leadthis?”

Doug shook his head. “We need all our managers to continue doingtheir jobs. I don’t have the time to pull one of them away fromtheir responsibilities just because the board wants us to do anethics audit.”

Charles agreed to lead the audit process. That night heresearched how to conduct an ethics audit. He promised to have arudimentary plan outlining how the ethics audit should be conductedon Doug’s desk for approval the next day. As he researched on theInternet, he became more excited. He spent hours forming objectivesfor the audit, determining the audit’s scope, and defining what hethought should be the firm’s ethical priorities. He created a planfor using focus groups of employees to see what the greatestconcerns were. He wanted to get other stakeholders involved,especially customers. Charles was interested in assessing theoverall corporate culture of the firm. Because Charles knew hisdata analysis skills were not good, he recommended bringing in acommittee of competent coworkers who had been in the organizationfor years and knew the system inside and out. He also developed alist of organizations Butterfly could hire to verify the resultsonce data was collected and analyzed.

The next day, Charles turned in his report and waited while Dougread through it. When finished, he looked up at Charles andfrowned. “Charles, I can see you put a lot of work into this.However, what you have recommended is not going to suit ourneeds.”

“What do you mean?” Charles asked.

“First off, I already told you, I don’t want to remove peoplefrom their jobs to work on this. We’re behind schedule as it is.Also, focus groups of employees and customer feedback? That’s goingto take up time and resources we cannot afford to lose. We’resupposed to be cutting costs, not throwing money . . . simply tocheck our results.” Doug asked that Charles “Revise this and bringit back to me tomorrow” he said.

Initial Posting

As Charles, what options do you have at this point? Your task isto create an ethical response to the task you have been given. Inyour response, consider what successful auditing processes shouldbe in place at Butterfly Corporation. Make recommendations as towhat should be done to encourage an ethical environment.

This analysis should be prepared as a Microsoft™ Word document.There is no minimum or maximum in terms of the word count; however,the response should explicitly address all required components ofthis discussion assignment. The document should be preparedconsistent with the APA writing style (6th edition) and reflecthigher level cognitive processing (analysis, synthesis, and orevaluation).

Role of Accounting Information System

What is the relationship between Accounting and an Accountinginformation system? (2.5 Marks)

• What has happened to the relationship over the years? (2.5Marks)

• What is accounting information? (1 marks)
• Name 4 uses of Accounting Information? ( 4 Marks)

• Use an example to illustrate the difference between data,information, and intelligence? (4 Marks)

• Discuss security concerns related to shadow data and businessintelligence technologies. (2 Marks)

• Discuss the role of accounting professionals in thedevelopment of shadow data. (2 Marks)

System Documentation

• What is system documentation? (1 Mark)

• Why is it important to know system documentation? ( 4marks)

• Explain the 4 elements that makes up the Data Flow Diagrams? (4 marks)

• Give an example of who or when one of these documents may berequired ( 2 marks)

• What are Flowcharts? (1 mark)
• List an example of an Input/output, processing and storage

Symbols (6 marks)

• Differentiate between different types of Flowchart? ( 6marks)

• If you were a new factory employee on your first day at a vastfactory, indicate which level Flowcharts would be required and

• If you were a new external auditor (assume that you have over10 years of experience but new to this factory) and wish to reviewthe strength of internal control of the same factory, indicatewhich Flowcharts you would require and why? ( 1.5 marks)

why? ( 1.5 marks)

ERP

• What sort of organisation would most benefit from having anERP ? (5 Marks)

• Describe some problems one might encounter from your readingswhen using an ERP? (5 Marks)

• How can a Supply Chain Management system and CustomerRelationship Management system help a company? (5 Marks)

Database

ABC is a large car retailer that also manufactures its ownbrand, assembles made-to-order cars from purchased components andsells fully assembled branded names. The Company also have as stocklots of spare parts that it usually need to help with the processabove.

You have been employed as a consultant to ABC.

What databases are available to help ABC capture, store, manageand manipulate data for decision making and reporting? (1 Mark) Useone of those databases to explain its operation? (3 Marks) What areits advantages and disadvantages of a database?

(6 Marks)

System Development

ABC is a non profit company. It has several branches and allof
them specialises in different operations. It has around 15different operations some of which are free food catering toelderly, free temporary accommodation to elderly, providing freecomputer training to elderly etc. The company receives grants fromgovernment and several local agencies and donation from the generalpublic.

One of the staff was heard saying “Our ERP cannot handlethe
amount of transactions and requirement. Last month, we helped
around 3000 elderly clients and received revenue from at least 30government and private agencies. The company has plenty of fundingfor the new ERP but just recently thought about getting a newERP”.

As a student who completed ACC200, what would you suggest thebest ways of getting the new ERP? Use the pros and Cons in youranswer about all the different methods of getting a new ERP.(15marks)

Woolworths is a major supermarket in Australia with over 500Outlets all around the country. The company is about to implement anew system.

As a student of ACC200, You have been asked to write a report onthe best way for this conversion to best suit the interest of thecompany. (15 Marks)

Controls

ABC is a company currently set up in Melbourne and currentlyoperating in all around Victoria. The operation of the company isgeneral cleaning offices and cleaning after constructionoperations.

Until now the company was only accepting cash payment from theclients upon delivery of services and also whenever possible onlymaking cash payment to employees and some suppliers.

Due to lack of business and pressure from clients, the companywill now also accept credit card payment from Businesses and set acredit account as well with payment to be made end of month.

Discuss the internal control/s necessary for this new procedurein billing. (10 marks)

Controls

XYZ is a company operating in wholesale wheelchairs repairs andretail sale. The company will be undergoing some changes inmanagement in a few weeks. You have been hired as part of the newmanagement to report on operations.

As part of your investigation, you found that all repairsservices were delegated to another company which belonged to theincumbent CEO’s wife. You also noticed that all the invoices fromthe company to XYZ were very costly and no detailed on the invoicesof the actual repairs. You also noticed that there was only 1option in for customers when paying the bills,

cash payment. It also came to your attention that XYZ did nothave a proper warehouse but all the stocks were being stored at aremote property owned by the CEO.

Write a report to the future management advising them on yourfindings and possible solution. (15 marks)

Controls

• Describe the Revenue cycle activities. Provide 3 examples ofpreventative controls suitable for the Revenue Cycle (15 Marks)

• Describe the Purchase Cycle activities. What are the mainactivities in the purchasing cycle that an organisation should beaware of from a control perspective? (15 Marks)

Controls

In the Revenue cycle, identify possible issues when using acredit note. (5 Marks)

What is/are the consequences of not using a Remittance Advice inthe revenue cycle? (5 Marks)

It is a current trend in many companies to leave the creditapplication as an informal process done by marketing managers.Discuss (5 Marks)

Controls

A survey recently done by reputable company found that receivingreports in many companies is almost inexistent. Some of theparticipants answers were as follows :- “ It is too timeconsuming”, “There is no staff to do it”, “I’m not required to fillout the report”.

As a student of ACC200, what are your thoughts? (10 marks)

Controls

Under what conditions is MRP more suitable than JIT and viceversa? (5 Marks)

Corporate Networks

What is a VPN and why would an organisation invest in one? (5marks)

What benefits can RFID provide to an organisation that wouldoutweigh the costs? (5 Marks)

What part does a router play in a simple network? (2 marks)

Discuss the difference between operating system software andapplication software and how they are used in a corporate network.(5 marks)

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