ACC539: Fraud, Internal Controls and Business Intelligence - Accounting Assignment Help

Assignment Task:

Task:

Assessment conditions: This is an individual assessment task (not a group assessment task).

You have been recently employed as an accountant for Sharp Apparel Pty Ltd (Sharp Apparel), an Australia manufacturer of women's clothing. The CEO, Ms Barbara Sharp, is looking to expand the business in the coming years and is seeking some advice from you. Ms Sharp is concerned about some areas of the expenditure process and has asked you to analyse their processes for inventory management, from purchase to when it is used in the manufacturing process.  Additionally, as Sharp Apparel are looking to further evolve their business, Ms Sharp is seeking advice on the introduction of Business Intelligence (BI) and digital dashboards. To assist you in your review, Ms Sharp has prepared a summary of key information, which will be available in Interact under Assessment Resources - Assessment 3.

Using the information provided to you, prepare a business report to Ms Barbara Sharp, the CEO, addressing the following:

1. Identification of:
a. internal control weaknesses relating to Sharp Apparel inventory management and expenditure process; (2.5 marks)
b. the impact these weaknesses could have on the organisation; and (2.5 marks) 
c. specific internal controls which could be implemented by Ms Sharp in the coming months to mitigate the weakness posed by the internal control weaknesses you have identified. Note that they do not want theoretical controls suggested.  You need to include practical controls that they can implement. (5 marks)

2. An analysis of how the introduction of business intelligence could impact on the organisation, taking into account:
a. What is BI, including a discussion on digital dashboards? (3 marks)
b. How will the use of BI and digital dashboards impact on Sharp Apparel, including a consideration of the following areas: (4 marks)
i. Management decision making; and
ii. Efficiency of the manufacturing process.

This  ACC539 Accounting Assignment has been solved by our Accounting experts at My Uni Paper. Our Assignment Writing Experts are efficient to provide a fresh solution to this question. We are serving more than 10000+ Students in Australia, UK & US by helping them to score HD in their academics. Our Experts are well trained to follow all marking rubrics & referencing style.

Be it a used or new solution, the quality of the work submitted by our assignment experts remains unhampered. You may continue to expect the same or even better quality with the used and new assignment solution files respectively. There’s one thing to be noticed that you could choose one between the two and acquire an HD either way. You could choose a new assignment solution file to get yourself an exclusive, plagiarism (with free Turnitin file), expert quality assignment or order an old solution file that was considered worthy of the highest distinction.