The principal purpose of the document is to find out the different types of techniques by which Information Security organizations gathers and uses information to evaluate the performance of different departments such as information related to the employee, the physical assets of the company and financial structures so that organization can achieve its business goals during the final audit process (Peltier, 2016). The entire processed which can be implemented on both informal or formal method. The foremost purpose of this report is to influence the performance of the employees of the selected organization. The services provided by the organization and how information security is used in the system is described in this document. The security measures of the corporation and its efficiency is described in this paper with greater importance. Along with that the different types of application controls are also examined in the central units of the paper. The risk management techniques used by the company is analyzed and all the possible risk identification techniques are discussed with it. The importance of maintaining any type of data concerning the growth and development of the company is discussed in the audit section of the paper. The paper concludes with an appropriate conclusion and recommendation regarding the existing control systems used in the Microsoft dynamics and also provides sufficient information in case of any changes (Rhodes-Ousley, 2013).
The purpose of this section of the product is to find out the services provided by the Microsoft Dynamics such as the enterprise resource planning products for different types of market sections such as dynamics GP for SMB, dynamics AX geared for different types of organizations with all the latest updated specifications so that the organizations can be benefitted by them (Wolenik, 2014). For the small and medium sized business Corporations Microsoft dynamics introduced the Microsoft Dynamics 365 business central such as the Enterprise Resource Planning and Customer Relationship Management programs. Microsoft Dynamics have provided an integrated support system with the help of the Dynamics NAV and Dynamics CRM for sectors such as finance and other operational sections of any organization (Ruivo et al., 2013). Different organization uses office 365 and power BI for different types of purposes. The other services provided by Microsoft Dynamics are Microsoft Dynamics Management Reporter which are used in finance and analyzing sectors, Dynamics RMS used in the retails, for marketing purpose also Microsoft Dynamics are used, Net breeze which is used in Microsoft Dynamics social listening and customer engagement software (Birch, 2013).
The application of the different types of services provided by the Information Security helps business of the Microsoft Dynamics a great way as it provides more security the applications as wide range of people starting from external stakeholder like vendors to internal stakeholders such as management teams so there is a tremendous need of security of the applications which will make the organization work in a more efficient way and improve the productivity. The external threats coming from the malicious software’s, logic bombs, viruses can be neutralized with the help of the information security systems (Balaban & DUMITRA?CU, 2014).
The general management control used in Microsoft Dynamics is one of the best control measures globally providing support to coordination, allocation of the available resources, the motivation of the employees and performance management. The application of the general management control systems of Microsoft has provided the company with greater discipline in the technologies and departments in which it was implemented. The controls involve extensive measurement of the applications with the management accounting. The GMC of Microsoft Dynamics is also used in the different types of resource allocation process, it also provides economic security to any systems against the internal and external threats. The GMC of Microsoft Dynamics is helpful in different sociological sectors which involves communication and motivation of the employees. GMC helps to minimize the threats which have the employees of the organization of Microsoft Dynamics regarding the strategic planning. The inefficiency of the management accounting, cost accounting, differential accounting and responsibility accounting of the Microsoft Dynamics can be analyzed and reviewed using the GMC. It helps in providing the best possible solution in various types of departments such as budgeting and product costing taking in consideration of the different types of distraction such as quality of products and customer satisfaction as these non-financial measures helps to maintain long term partnership with all the stakeholders of the organization. The application of the GMC helps the Microsoft Dynamics in a long-term basis. It provides efficient defensive techniques considering all the factors which the Microsoft Dynamics corporation faces as threats. The GMC followed in Microsoft Dynamics environment is continuously updated as per the requirements because due to the vast improvement of the technology fresh threats are created every day and primitive techniques are often backdated (Polino, 2013).
The application control used by the Microsoft dynamics corporations helps in providing security to all of the stakeholders of the association by restricting any types of unauthorized external factors from getting involved into the internal system and damaging important data as it may have a direct negative impact on the development of the organization (Shamala, Ahmad & Yusoff, 2013). The control applications of Microsoft Dynamics are based on the system in which it is being implemented, maintaining the privacy of the organization in one of the most important objectives of the application controls. The application control methods help in keeping a track of all the active processes of the company and also helps in validating them so that the chances of error are minimized to a significant extent (Jacobs, 2015). The validation property of the application control helps to validate only the valid data throughout the system from the initial to final stages of the processes. The Authentication mechanism is the other type of services provided by the control application. System authorization is the other very important feature provided the control system which helps in authorizing the users of any system. The control application of Microsoft plays a huge role in the forensic control of the organization by controlling the mathematically and scientifically correct data depending upon the output and input from the system. All the different types of services provided by the control application of Microsoft Dynamics helps in maintaining data security and data integrity of the organization eliminating risks faced from illegal software and network access.
The general management control is defined as the type of control which involves management and development of activities such as maintaining the data security and data integrity of the system, maintaining the important data files which can have an impact on the organization and other types of computer operations. The GMC involves the entire system associated with the organization along with its internal and external components and all the data and process of the corporation. It provides security to the assets and records of the system. The general management control helps in the effective functioning of the control applications because of its feature such as authorization and validation of the data which are transmitted within or outside the organization.
The application control is defined as the type of control which is specific to a computer application and individual transaction. This type of tests is completed when a system is being implemented in the organization. The practice of application control is very crucial in the certification process of the organization as it provides a greater sense of reliability to the management teams of the organizations. The auditors and management team help in developing the application control of the organizations. The three different types of categories of application control are Processing controls which include the financial transactions, Input controls constitute the effective storing and authorization of the transaction and Output control which includes the accuracy of the processing result.
In this section of the report the different types of risk management techniques used by Microsoft Dynamics is analyzed. Microsoft Dynamics have introduced different kinds of risk management processes in their business digital processes to ensure availability, confidentiality, reliability, security and integrity of the organization as it vital sensitive financial data, sales and payroll data. Due to the massive data breaching because of the unauthorized access to systems, Microsoft dynamics introduced new and innovative counter measures against those unethical reasons. The use of advanced analytics to optimize the risk management techniques is one of the most effective measures of Microsoft Dynamics. Predictive modelling is the other type of risk management technique formulated by the Microsoft Corporation to enhance their security threads (Rejda, 2011). Using the cloud services is the other type of risk management technique adopted by the Microsoft Corporation for faster reporting regarding any sorts of issues related with the risk factors (de Bakker, Boonstra & Wortmann, 2012).
The three steps which the Microsoft Corporation corporates in the risk management techniques are as follows:
This unit discusses the importance of audit plans used by Microsoft Dynamics is analyzed. The audit planning of Microsoft Dynamic environment is a continuously updated plan in which is an integral part of the audit process which includes all the data related to the services offered by the companies, transaction details, access report, audit logs and safeguarding other issues (Wu & Olson, 2014). The audit plan is helpful in focusing on important areas of the audit paper and also to concentrate on the problematic areas so that the entire process can undergo smoothly.
The audit process of Microsoft Dynamics is described in this section of the report helps in designing the audit process, compliance, security and governance policies of the concerned organizations (Guénin-Paracini, Malsch & Paillé,2014). It helps in having an idea about the issue such as
The audit report section involves the discussion draft, formal draft, final report and the statements obtained from the clients. The audit review system of Microsoft dynamics is followed by the Audit follow up method which is helpful in developing the annual audit report to the higher authorities of the Microsoft Corporations (Hall, 2015).
The existing security services provided by the Microsoft in the field of Microsoft dynamics use a very protected security system known as Microsoft Dynamics NAV 2018 which is very efficient at the same time very user friendly. It allows the administrators of the systems to manage user access to objects and data in their database securely and provides a very fast and secured data retrieval process also. As the system is hosted on MySQL server and sometimes there are few server issues related with it if those issue can be resolved then the efficiency of the system can be further enhanced.
Conclusion
From the above report it can be concluded that there are different types of Information Security control methods such as general management control and application control which are helped in minimizing the impact of the threats. This report evaluated the security and risk management techniques which are incorporated by the Microsoft dynamics authorities. The different types of application controls and its relevancy with the Microsoft Dynamics is deeply examined in the report. The three basic steps of risk management techniques are given in this paper which help in understanding the method by which the Microsoft corporation control their auditing process in the Microsoft dynamics environment. The importance of the audit planning and the audit procedure provides the idea about maintaining the data security and data integrity.
Reference
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