From these plans it should be possible to identify what IT resources the

From these plans it should be possible to identify

This preview shows page 3 - 6 out of 8 pages.

to where it wants to be. From these plans it should be possible to identify what IT resources the organization might reasonably expect to support its goals. It is also important to talk to various people
Image of page 3
at all levels in the organisation, from basic users through to management, to identify their expectations and whether the current system meets their needs. 7. Based on the key trends in accounting and tax technology, provide FOUR (4) recommendations, from information and communications technology (ICT) perspective, for the options that an accounting firm may consider to introduce the digital practice and improve the business operations. (8 marks) Increase security of client information One of the primary forces driving the accounting firms to implement a client portal is to reduce the risk of a breach of privacy associated with emailing documents that contain personal information, such as tax returns, financial statements, investment information, and so forth. If you deploy an effective portal system, it can be one of the most secure ways to exchange and store information today. Automate manual tasks Another key feature of the client portal is to automate otherwise labour intensive tasks related to exchanging documents and other information with your clients. Extended workflows to clients The concept of extended workflows means that you provide your clients a better service by offering them the opportunity to have greater access to their information. An abundance of opportunities is available to integrate your clients directly into your workflows by leveraging the cloud. Innovative services There is an unprecedented opportunity to transform the nature of how you service your clients by making your portal their gateway to a virtually unlimited array of financial information and services to help them manage their business and personal affairs. In order to fully appreciate the opportunity, you really have to think outside the box and brainstorm about how you can provide value to your clients through your portal. You may want to invest in a professional facilitator to help you through this process. 8. Why is it that organisations typically do not change their mission critical systems often? What is the implication of this scenario (i.e. not change their mission critical systems often)? (2 marks) The mission critical systems are quite often the foundation of the business. To take these systems offline to change or update them can cause a substantial disruption resulting in financial losses to the business. It means that these systems are the last to be updated and can be running inefficiently for along time before being changed. 9. a. Why is it wise for an organisation to have an ICT disaster plan? (2 marks) To ensure that business information will be kept safe in case a disaster occurs.
Image of page 4
b. What types of things will an ICT disaster plan cover? (3 marks) Identify the disaster recovery plan and process that will swing into action to repair the situation if/when the system does fail.
Image of page 5
Image of page 6

You've reached the end of your free preview.

Want to read all 8 pages?

  • '16
  • dsa

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern

Stuck? We have tutors online 24/7 who can help you get unstuck.
A+ icon
Ask Expert Tutors You can ask You can ask You can ask (will expire )
Answers in as fast as 15 minutes
A+ icon
Ask Expert Tutors