An American Management Systems study revealed that 75 percent of all large systems are not used,...

An American Management Systems study revealed that 75 percent of all large systems are not used, not used as intended, or generate meaningless reports or inaccurate data. How will you ensure that your AIS system does not become a victim of these practices?

Expert Solution

We can ensure AIS system are used to their full potential and deliver meaningful report by:-

1. Hiring AIS people i.e system users. They may be business analysts, accountants, auditors, chief financial officers and more. Professionals with deep understanding and some past experience of working with AIS can maximize the effectiveness of AIS.

2. Conducting information system audits so as to ensure that the AIS are working efficiently and effectively.

3. Proper trainings should be conducted so as to provide knowledge to everyone in the organization regarding the AIS.

4. Some reports should be in-built in the AIS such as regulatory and legal reports, variance analysis.

5. Internal controls should be placed in the AIS so that there is no missuse of the data. Also, it will ensure confidentiality, integrity and availability of the data.

6. During the development of such AIS Computer Aided Audit Techniques should be incorporated so that auditors can do real time auditing.

ekkarill92 answered 1 year ago

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