Why is the audit trail an important control?

The balanced scorecard measures organizational performance along four dimensions. Is it possible that measures on the customer, internal operations, and innovation and learning dimensions could be improving without any positive change in the financial dimension? If so, what are the implications of such a pattern?

Griffith Ltd has just realised that it has a timeliness problem with its general ledger data. It updates daily transactional data from subsidiary systems to the general ledger weekly; however, general ledger reports are available on an unrestricted basis. The CFO recently realised that some users do not know that they need to wait until after the Sunday night update to run their month-end reports

A. What decisions made during the general ledger and nancial reporting cycle would potentially be affected by this data problem?

B. How would those decisions be affected?

C. How would this data problem affect the reported results of the organisation?

D. How would this data problem affect other processes at Griffith Ltd?

What are some benefits companies are realising by using SAP ERP? (800)

How could business intelligence support this company?

Identify possible application areas for data mining.

List some advantages of using XBRL