Examine how tolerance groups (what are these) and financial transparency (what does this mean) are implemented (according to the experts) in an accounting information system.

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Examine how tolerance groups (what are these) and financial transparency (what does this mean) are implemented (according to the experts) in an accounting information system.

Question Description

Examine how tolerance groups (what are these) and financial transparency (what does this mean) are implemented (according to the experts) in an accounting information system (why is this important in this type system) within a company that you are familiar with. Based on your findings, how could these controls be optimized (which means and why should it be)?

Reference

  • Chapter 5 in Concepts in Enterprise Resource Planning (attached)
  • Need to have atleast 1 additional reference than the course book (i.e. Concepts in ERP).
  • Need to have inline citations.
  • Simple short essay format.
  • Most of my examples are based on ERP SAP, you could use the same.