Identify and describe problems associated with accounting a

QUESTION

Real-time enterprise systems (ERP Systems) in Information TechnologyQuestions from “Concepts in Enterprise Resource Planning” by Bret J. Wagner* Identify and describe problems associated with accounting and financial reporting in unintegrated information systems* Describe how ERP systems can help solve accounting and financial reporting problems in an unintegrated system* Describe how the Enron scandal and the Sarbanes-Oxyley Act have affected accounting information systems* Explain accounting and management-reporting benefits that accrue from having and ERP system * Discuss business process and process mapping* Develop an event process chain (EPC) diagram of a basic business process* Evaluate value added activities and develop process improvement strategies* Discuss the key issues in managing an ERP implementation project* Describe some of the key tools used in managing an ERP implementation project*Discuss IT Project issues and identify critical risks factor* Describe a risk management approach* Describe the Enterprise Risk Management (ERM) framework* Elements of risk management – Risk Assessment, Risk Response, and Risk Control*Describe a risk matrix and identify how it is used in risk assessment

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