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    ITNET305A Emerging Technologies Security

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    List and discuss 3 technologies that will benefit from blockchain in the next 5-10 years?...

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    Additive Manufacturing:This includes the description of the different technologieswhich are for building the 3D objects by adding the layer upon layer material. It makesuse of the computer, 3D Modelling software, with machine equipment to handle thelayering material. It will enable the transparent documentation for the individual transactswhich are done in between the network for a particular permission. The consulting andthe designing is for the service provider to select the 3D print partners with properbidding procedures. The blockchain can be able to retrieve the data which is generatedduring the printing and transfer the responsibilities in the process.

    This report aimed to develop a critical understating of the various accounting software by evaluating the cloud-based accounting software in regards to businesses and then suggest the most appropriate accounting software to a chosen company such as Woolworth. The findings of the current report reflected that the company has key activities like manage, organize, maintain its store staff, develop various strategies for the business, billing for their products, maintain their transactions, and records them and handle their conflicts, etc. Similarly, its other activities related to revenue and expenditure cycle also includes sales and purchase related practices. Moreover, some internal controls are found weak in Woolworth due to which company has risks like segregation of duties, major frauds, poor corporate governance, improper monitoring of managerial opportunistic behavior.

    This report aimed to develop a critical understating of the various accounting software by evaluating the cloud-based accounting software in regards to businesses and then suggest the most appropriate accounting software to a chosen company such as Woolworth. The findings of the current report reflected that the company has key activities like manage, organize, maintain its store staff, develop various strategies for the business, billing for their products, maintain their transactions, and records them and handle their conflicts, etc. Similarly, its other activities related to revenue and expenditure cycle also includes sales and purchase related practices. Moreover, some internal controls are found weak in Woolworth due to which company has risks like segregation of duties, major frauds, poor corporate governance, improper monitoring of managerial opportunistic behavior.

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