• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

The Treasury department is the financial hub of the government of ST. Vincent and the Grenadines. A partial Wide Area Network is in place and this links the major government departments to the treasury so they can perform online transaction processing. T

Extracts from this document...


TABLE OF CONTENTS TABLE OF CONTENTS 1 INTRODUCTION 2 Overview of the firm 2 Current Business Issues 3 Statement and discussion of the problems under study 3 Goals and objectives of the study 4 METHODOLOGY 4 FINDINGS 6 RECOMMENDATIONS 8 BUSINESS CONTINUITY DISCLOSURE 10 INTRODUCTION Overview of the firm The Treasury department is the financial hub of the government of ST. Vincent and the Grenadines. Its responsibilities include 1. Ensuring that proper and adequate accounting systems are established and maintained in every Department of Government 2. Receipts of Government Revenues. 3. Disbursement from consolidated fund of amount duly authorized. 4. Custody of Government Cash and Securities. 5. Maintenance of Accounts of all appropriations and Revenue Receipts. 6. Preparation of the Public Accounts of the State as required by Law. 7. Investigation of losses and irregularities in financial administration 8. Providing Treasury Services in out districts 9. To enhance and modernize the Treasury Accounting Systems. All financial transactions of the government are conducted through the treasury. A partial Wide Area Network is in place and this links the major government departments to the treasury so they can perform online transaction processing. This network is using a combination of high speed (1 Gbps) ...read more.


The ISP provider supplies the frame relay thus if the service provider is down then the users on frame relay will not have access to the system. There are no spare for the resources therefore if any equipment goes bad there is no replacement, an order has to placed for one, if none is available locally then you might have to wait at least a day or two to get one from a neighboring Island or the USA. The system is mainly used for the Smartstream application. Users do not have access to the internet therefore that eliminates some external risks. There is a nightly backup of all Smartstream databases and a monthly full backup of SVGDL580 server and the treasury server. The monthly backup is to tape which is stored offsite. The nightly backup is to the development server and the next day it is back up to tapes which are kept at the office in an ordinary filing cabinet. If the office is destroyed there will not be an up to date back up since the nightly backups are stored onsite, in this case you might have to go back to a backup that is a month old. ...read more.


The disaster recovery plan includes the following: * Identification of mission critical systems * Backup facilities and arrangements, data recovery. * Alternate communication between Treasury and the various accounts units of the Ministries of Government and sub treasuries and customers. * Alternate physical site location * Customers access to receiving their wages, other allowances or any monies due to them by the Government of St. Vincent and the Grenadines. This plan is reviewed on a regular basis to modify it for any changes our operations or changes in laws and government regulations. The plan is also periodically tested to ensure that it will operate and operates successfully in the event of a disaster. It is virtually impossible to plan for every possible disaster however we are confident that the major threats faced by the department have been addressed in the plan. However there is a possibility that due to our dependence on other third parties that we could be adversely affected after a disaster. The plan is subject to change and changes will be reflected in an updated notice to all our customers. This notice will be posted on the governments' website www.svg.sv. You may obtain a written copy of this disclosure by sending a written request to the Accountant General, Treasury Department, Kingstown, St. Vincent. ?? ?? ?? ?? Page 1 of 11 ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our University Degree Information Systems section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related University Degree Information Systems essays

  1. Wireless network security

    802.11g is backwards compatible with 802.11b, meaning that 802.11g access points will work with 802.11b wireless network adapters and vice versa. 802.11g supports CCK and will fall back to it when an 802.11b client connects to an 802.11g network (802.11g-2003 13).

  2. In this coursework we will be designing a component based model for a business ...

    as well as having varying content. This heterogeneity caused by autonomous systems poses problems for system integration since sources are stored and maintained differently. Although the system will be based on the internet it has been discovered recently that decentralisation in the growth of data has become common, and that

  1. Creating a shopping website with Project management

    to hold product details - manufacturers name, description, cost price, sale price, colour, size etc * Items to be categorised- hair colours, shampoos, conditioners, hair extentions, styling products, styling tools & appliances, hair treatment, brushes, combs etc, hair accessories, clippers & trimmers, shears & shapers etc.

  2. Website Design. This is a Texans Credit Union online website. It has recently ...

    Verify that the Request Tax Information is valid and complete 2. Execute Verify Account Information Use Case 3. Retrieve all tax related transactions from all accounts for given year 4. Create properly formatted tax form 5. Send tax form to printer for mailing Exceptional Flows: 1.

  1. Office systems project

    scale business, hence the framework must be able to accommodate a small to medium scale business. * Changing requirements - the framework should be able to accommodate the user requirements changing as the project is being developed. * Modelling techniques - this is used to give the users a better understanding of the system at a glance using (diagrams)

  2. Systems Life Cycle. The main disadvantage of the traditional waterfall method is with the ...

    This is sometimes done by introducing the new system side-by-side with the old. A certain department or type of staff may also be chosen to 'test drive' the new system. 1.3.7 Maintenance The system must be maintained to ensure operational use: * Software must be updated regularly * Settings must

  1. Information Security System

    Viruses can affect any files however, usually attack .com, .exe, .sys, .bin or any data files. * It may increase the files size. Nobody can avoid it unfortunately, so did I. Once I did a copy to my USB device from other computer and having opened it I discovered eighty-five

  2. Organizational Information System

    That is important information for the television manufacturers. TV is an important long term purchase for people. That is why Super TV should concentrate on manufacturing digital televisions. * Economical. If Super TV is to enter foreign markets, it has to take other currencies and exchange rates into account.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work