Accounting and Finance - Accounting Information Systems - Business Case Study Assessment Answer

Accounting and Finance - Accounting Information Systems - Business Case Study Assessment Answer

Task:

Twin Sisters (NT) Construction (TSC) plans to become a leading provider of construction and renovation services in the local area. The company's overall strategy will be based on a continuing improvement process of setting objectives, measuring results, and providing feedback to facilitate further growth and progress.
TSC is a company, with principal offices located in the local area. The company's management is highly experienced and qualified: the sisters who will lead the management team have each accumulated over twenty five years of experience in the construction industry.
The Market
The housing industry has been growing at a fast pace for several years. An all-time record was set in 2014, when 220 new-site single family homes were sold. That represented a 75% gain from the robust total of 125 new homes sold in 2010. Continuing strong growth in the sector makes for an excellent opportunity for future expansion of the industry.
Twin Sisters (NT) Construction plans to rapidly develop marketing alliances with industry leaders and pursue new sales of its services to residential and commercial builders. The marketing strategy will focus on securing city, rural, and Territory and federal government contracts.
TSC plans to use a direct sales force, relationship selling, and sub-contractors to reach its target markets. These channels are most appropriate because of time to market, reduced capital requirements, and fast access to established distribution channels.

Assignment Project Objectives
This assignment is set to provide students with an opportunity to:

•  Design an accounting information system to support a relatively small business system with some e-commerce capabilities,
•  Document it using a narrative description, and document systems flowchart,
•  Identify and analyse measures that are in place to control the system and its data
•  Recommend additional controls to improve operational and information system effectiveness.

Detailed description of the requirements for this section are as follows:
2.1 Organisation/Industry Description (approx. 1 page):
2.2 Describe the purpose and key features of each relevant part of the AIS as designed.
2.3 Discuss how your system addresses the main issues specific to e-business systems: 
2.4 Describe how each of your proposed AIS sub-systems will provide data for managerial decisions.
2.5 Document the system using narrative and flowcharts.

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