You are an accounting consultant and you have been engaged by Smart Enterprises to help them develop implement a database management system in their accounting department (DBMS). Alex, the CEO of Smart enterprises, does not understand all the issues a complex system can bring to the organisation. However, being cautious in nature, Alex approached you for help. He is looking for a report that outlines the benefits and the problems that may rise with the implementation of a new DBMS. In addition, as Alex is also looking for solutions to the issues you raise, your report will need to incorporate all recommendations. Your report content should include answers to following questions: 1. You are required to provide an overview on how DMBS function within an organisation. Your assumptions regarding Smart Enterprises size and type will be very important. In the appendix of your report, list the assumptions you have made. Your identification of Smart Enterprise cannot morph in your report once you have decided on it.

2. List all the issues and concerns when implementing a new DMBS. You will need to discuss issues relating to security such as Computer Fraud.

3. Finally, you need to create documentation or plan on how to control or audit the Accounting information system. This should include cost and time needed to conduct such audit. You MUST have actual data or past report to support your estimate.