Case Requirements

1.Identify Wilson Corporation's critical success factors and primary objectives. Create a mission statement for Wilson Corporation that would address these primary objectives.

2.Develop a current organizational chart for Wilson Corporation.

3.Analyze the current internal control environment and identify specific control weaknesses that should be addressed by a new system. Use SAS 78 as the format of this analysis. The analysis should include a document flowchart (including manual and automated procedures) and data flow diagram of the current system.

4.Design a new system for Wilson Corporation. This exercise should contain the following:

a.Utilize aspects of MRP, ERP, and EDI as information system options and identify the benefits of these tools.

b.A revised organizational chart for Wilson Corporation.

c.A systems flowchart for the new information system, showing automated andmanual procedures.

d.A data model of the business process using the entity relationship (ER) diagram approach.

e.A list of financial and nonfinancial attributes for each entity in the ER diagram.

f.Four user views, which can be source documents or management reports. At least one view should support the needs of a nonaccounting user.

g.The base tables needed to support the views; these should be normalized to 3NF.

5.Using SAS 82 in your analysis, analyze the potential for fraud in the

Wilson Corporation and identify opportunities to improve the control environment to prevent fraud.