Real-time enterprise systems (ERP Systems) in Information Technology
Questions 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
