Differences Between the Soll and the Ist Situation - Accounting and Finance Assignment Help

Assignment Task:

Practical approach

The AIS practical case consists of the written elaboration of a problem in the field of accounting information systems and the related control measures (hereinafter: AIS problem) from your own practice. A solution to an AIS problem always starts with describing a factual situation in which the typical components of an accounting information system (information flows, IT applications) and the related control measures (application controls, IT general controls, IT-dependent manual controls such as control technology segregation of duties, relationship checks, procedures) are systematically recorded in texts and diagrams. This record is the basis for a further analysis in which the risks (especially information risks, but derived from this may also relate to business risks) are identified with a view to taking appropriate measures within the 'risk appetite' of the organization.

Given the time it takes to work out the practical case (approximately 70 hours excluding the lectures), it is imperative that the search and selection of an organizational unit or process that can serve as the subject is started as soon as possible. During the lectures attention will be paid to the way in which the choice can be made. In the box Innovations in AIS it has already been indicated that the case written there can serve as a starting point for the AIS practice case. The difference between the case from Innovations in AIS and the AIS practice case (this course) is that the AIS practice case further analyzes the control aspects in both internal control, management control and IT control. This makes the AIS practical case both a broadening and a deepening of the case (or the approach of the case) in the Innovations in AIS course. It is a broadening because the knowledge domains internal control, management control and IT control are brought into a logical coherence, and it is deepening because the control aspects of all kinds of IT innovations are discussed in more detail.

REQUIREMENTS FOR THE PRACTICE CASE I

The elaboration of the practical case should contain the following elements:

a. the description of the accounting information system and the related control measures that are present at the organization; this is the Ist position; spend about 4000 words on this;

b. the risk analysis, resulting in the delineation of the risks that will be reduced by means of control measures to a level that fits within the risk appetite of the organization; spend about 2000 words on this;

c. the description of the accounting information system and the related control measures that should be present at the organization; this is the Soll position; spend about 2000 words on this;

d. the changes that should be made to the organization and its IT to achieve an accounting information system and related controls that are as close as possible to the Soll position; spend about 2000 words on this.

The elaboration of the practical case must contain between 8,000 and 10,000 words. Appendices consisting of internal documents of the investigated organization may be included, but these are not included in determining whether the elaboration meets the standard of 8,000-10,000 words. It is therefore recommended to include these appendices in a separate document.

The scope of the practical case must be such that a complete solution for the treated AIS problem can be described in the mentioned 8,000-10,000 words. It is therefore obvious to choose one or a few processes/departments at large organizations and all processes/departments at a very small organization. It is important that the elaboration has sufficient depth.

Please note that not just some theoretical concepts are discussed without application to the specific case. The theory does not have to be discussed, but it must be applied to the case. For example, there is no need to define internal control, nor to explain what types of controls there are. This is assumed to be known to the reader.

THE LECTURES

The lectures are intended to provide students with themes, ideas, and guidelines that can be useful in working out the case study. We do this by sharing the knowledge of the students and that of the lecturers insofar as this is possible within the confidentiality requirements of the organization under investigation. During the lectures, the teachers ensure that the necessary depth and broadening is achieved. Given the importance of the discussion during the lectures and the desired input of fellow students in discussing the cases, attendance in the lectures is highly desirable (and of course appropriate within the attendance requirements of the study program).

The teachers will guide you in:

a. elaborating your problem statement, plan of approach, the related choices to be made and dealing with the problem presented by you;

b. working out the different parts of your case;

c. searching for relevant literature and dealing with certain concepts as needed (risk management is an integral part of three lectures; in these three lectures only limited attention is paid to the different cases of the students).

During the lectures you are expected of you as a student:

a. that during one of the sessions you give a formal presentation about your practical case (for the components Ist position, risk analysis or Soll position); and

b. that you actively participate in the discussion of the cases of fellow students.

In order to give each student sufficient opportunity to speak and to receive sufficient feedback, the group is split in two on 21-2, 28-2, 6-3 and 20-3, each with its own teacher.

REQUIREMENTS (Assessment by the professor) II
For this, the following is required (translated from the appendix in the pdf document of the course description). 
1. Issue:
? Description of the organization or organizational unit
• Global indication of attention points and risks
? Indication of access to the right people and information within the organization
? The AIS problem and any research question

This is completed.

To do:
Chapter 2. Description Ist situation (AS IS TODAY) =>written generally:
? Description of the control environment with attention to the structure of the organization, the strategy, the culture, and the most important information systems
? Description of the administrative procedures and controls to be carried out; distinguishing between user controls, application controls, and IT controls
? Information for decision-making, accountability, and the functioning of the organization, including the data flows and data sets of the departments or officers involved in the procedures, controls, data flows, and data sets (including segregation of duties).

Chapter 3.Risk analysis:
? Risks that the organization runs in the field of information provision and internal control
? Estimation of the chances of these risks occurring and the magnitude of the negative consequences if those risks lead to undesirable events
? Indication of the risks to be mitigated, given management's risk appetite
Met vriendelijke groet, kind regards,

Chapter 4. Description Soll situation (SHOULD BE):
? The structure as in the Ist situation
? Theoretically optimal, taking into account the costs of control measures versus the expected benefits
? Connection with risk analysis

Chapter 5. Findings:
Differences between the Soll and the Ist situation
? Changes to be made to the organization and its IT systems

Chapter 6. Conclusion:
• Connection to problem definition and analysis
• Concrete recommendations

This Accounting and Finance Assignment has been solved by our Accounting and Finance Experts at My Uni Paper. Our Assignment Writing Experts are efficient to provide a fresh solution to this question. We are serving more than 10000+ Students in Australia, UK & US by helping them to score HD in their academics. Our experts are well trained to follow all marking rubrics & referencing style.

Be it a used or new solution, the quality of the work submitted by our assignment experts remains unhampered. You may continue to expect the same or even better quality with the used and new assignment solution files respectively. There’s one thing to be noticed that you could choose one between the two and acquire an HD either way. You could choose a new assignment solution file to get yourself an exclusive, plagiarism (with free Turnitin file), expert quality assignment or order an old solution file that was considered worthy of the highest distinction