Field work.
a. Enterprise resource planning (ERP) systems are an advanced form of the event-driven concepts discussed in this chapter. Examples of ERP systems include PeopleSoft, SAP, and Oracle. Use your school’s library resources to find case examples of ERP systems in action. Prepare a brief PowerPoint presentation of your findings.
b. Relational database software can be used very effectively in detecting fraud in the accounting information system. Use your school’s library resources to find and read R. Marden and R. Edwards, “Internal Controls for the Small Business: Skimming and the Fraud Triangle,” Internal Auditing (January/February 2005). If Pinewoods of the Blue Ridge Mountains (the company discussed in the article) captured transactions in a relational database based on a REA model, what queries and reports would you construct in an attempt to discover the fraud?
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