英国会计与财务coursework:Division of Accounting and Finance

AC2500 Accounting Information Systems and Control Issues

Coursework No 2 assessment 2012/13

FoodRUs plc

 

You have been hired as Systems Consultant at FoodRUs plc and in your first meeting with the Finance Director (FD) you have been told that they have many system control problems with the revenue cycle.你被聘为系统顾问在FoodRUs PLC和你的财务总监（ FD）第一次会议已被告知，他们有很多的系统控制问题与收入周期。

 

FoodRUs run a national chain of ‘Cash and Carry’ wholesale warehouses which supply food retailers, such as small corner shops and caterers. If the customer has a credit approval they can buy on account, other customers will have to pay at the time of purchase. They have recently started selling a selection of their merchandise online using what they believe to be a secure portal.FoodRUs运行的全国连锁“现购自运”批发仓库的供应的食品零售商，如小角落商店和餐饮业。如果客户有信贷审批，他们可以在帐户购买，其他的客户将有在购买时支付。他们最近已经开始销售一种选择他们的商品的在线使用了他们认为是一个安全的门户网站。

 

Debtors balances are incorrect, transaction processing is producing situations in which the total sales in the general ledger does not reconcile to the cash book and the accounts receivable ledger. 应收账款余额是不正确的，事务处理是生产中的总销售额总帐不调和的现金簿和应收账款分类账的情况。

你被要求审查系统，并产生一个报告，详细说明内和周围的税收制度在内部控制潜在的弱点。

You have been asked to review the system and produce a report that details potential weaknesses in internal control within and surrounding the revenue system.

 

In the first instance you decide to produce a report which gives an explanation of some of the control issues you would be looking to assess. Your report should include the following 在一审您决定生产一份报告，列出了一些你将寻找，评估控制问题的解释。你的报告应该包括以下

 

An explanation of what you understand by the phrase ‘internal control’你理解了那句“内部控制”的解释

 

Descriptions, with examples, of what controls you would expect to see in FoodRUs and particularly surrounding the revenue cycle sub-system. In answering the question please be careful, where appropriate, to distinguish correctly between:-

Control objective (eg to ensure all data is processed accurately and completely)

Types of control (eg management, applications, protection, environment, preventive detective and corrective)

Control techniques (validation checks; verification checks)

Control type (check sum/digit; check twice)

 

Notes

 

It is anticipated that your work will cover all relevant aspects of the control of the revenue cycle. Note should be taken of the fact that the organisation also makes Cash and Internet Sales.

The overall length should be around 1500 words (with a 10% margin) Any significant deviation from this length will be penalised. All work must be word processed and contain a word count.

Your discussion should, as far as possible, show evidence of original thought.

 

 

The Revenue Cycle

 

In order to assess your coursework it has been benchmarked against the work of other students using the guidelines below.

In order to maintain consistency of marking, a sample of work has been internally moderated.

I have been guided in my assessment by the following:

Assessment criteria, with weightings:

                                 

Coding

Planning and structure (10%) E  G  A  S  I

Explanation of revenue sub system 

With examples (20%)             E  G  A  S  I

Description of Control Issues (30%) E  G  A  S  I

Coherence of discussion on weaknesses (20%) E  G  A  S  I

Use, appropriateness and referencing of examples (10%) E  G  A  S  I

Standard of presentation (10%) E  G  A  S  I

 

Key to the coding notation

 

E = Excellent (70%+)        G = Good (60%+)        A = Average (50%+)

Satisfactory (40%+)       I = Inadequate (<40%)

IMPORTANT - Submission information:

 

Due date: Friday 23 August 2013 by 12:00

location: Neil Sutcliffe’s coursework box in Greenbank Café, Greenbank Building

 

Please include a word count and a reference list – and submit your hard copy coursework with the LBS coursework submission form – remember to sign the declaration regarding plagiarism. The TurnItIn submission is required by the same date.