ACACT201A Accounting Information Systems

1.
What specific needs would be taken into consideration when designing an information system for your business type?
Your answer could address:

Sources of data
Information reporting requirements
Data backup and security requirements
Any specific legislative or regulatory conditions

Your answer should consider five key requirements, which should relate directly to your allocated business type. You may like to format your answer as a table. A suggestion for the format of the table is provided below, with an example for an e-commerce business provided for you.
2.
What measures can the business undertake to ensure the security of its hardware, software and information?
Your answer should outline three specific measures. You should identify possible concerns with the implementation of each measure, including cost, ethical considerations and so on.
3.
Discuss two ways that the business’s internal operating procedures would need to be amended as a result of a transition from a local-network based information system to a cloud information system. Your answer should apply specifically to your business type, taking into consideration your answers to Questions 1 and 2 above.
4.
Specify three ways in which the pandemic might have impacted the operation of a business’ accounting information system. You may refer specifically to your business type, or businesses generally. For each potential impact, identify one specific risk to the business as a result of that impact, and outline at least one control measure that could be implemented to lessen the potential risk.