Accounting Information Systems, Accounting Basics

Assignment Help:
ABC Insurance Company offers individual auto and home insurance servicing the East Coast. The company''s home office is located in Albany, New York. However, ABC Insurance Company has field agents operating out of two additional states which are New Jersey and Massachusetts. Based on this information, this assignment requires that you provide additional details about this company.

Action Items

1. Individually elaborate on the ABC Insurance Company. Based on the information already provided about the company, develop additional information such as number of employees, annual revenue, current processes, etc. and prepare a comprehensive report that provides:

a.An introduction that includes a comprehensive description of the organization and its operations

b.A comprehensive diagram indicating the flow of data through the organization using Microsoft Visio

c.A comprehensive review of the major business processes of the organization using flowcharts that describe documents, data flows and processes

d.Identification of any controls and potential risks within each business process

e.Evaluation of those controls and potential risks including a description of how to minimize such risks through alternative procedures

2. Integrate your diagrams and flowcharts within the body of your report.

Related Discussions:- Accounting Information Systems

Transponders?, A user buys a new transponder for $20. What debit and credi...

A user buys a new transponder for $20. What debit and credit entries would need to be made?

A department transferred 7, A department transferred 7,000 units to the fin...

A department transferred 7,000 units to the finished goods storeroom during a month. There was no beginning work in process inventory, but 500 units were still in process at the

Show tax benefits of lifo, Q. Show Tax benefits of LIFO? Tax benefits o...

Q. Show Tax benefits of LIFO? Tax benefits of LIFO The LIFO method outcomes in the lowest taxable income and thus the lowest income taxes when prices are rising. The Internal R

Cost of capital, Provide an argument for including or not including current...

Provide an argument for including or not including current liabilities in the cost of capital calculation

Objectives of financial statement analysis, OBJECTIVES OF FINANCIAL STATEME...

OBJECTIVES OF FINANCIAL STATEMENT ANALYSIS Financial Statements are analyzed by dissimilar users for dissimilar purposes. Some of the purposes are as under- 1. To recognize

Trading and profit and loss account, state why carriage inwards is stated o...

state why carriage inwards is stated on the trading account

State the term- liabilities, State the term- Liabilities Current Liabi...

State the term- Liabilities Current Liability is a debt which is due for payment within one year. Long-term liability is one NOT paid in a year. OWNER'S EQUITY Also

High-fiber diet for diverticular disease, Q. High-fiber Diet for diverticul...

Q. High-fiber Diet for diverticular disease? For mild symptoms, a clear liquid diet is recommended. More serious cases may require hospitalization, intravenous feeding to rest

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd