ACT304: Accounting Information Systems - Report Writing Accounting Assignment Help

Assignment Task:

Assignment Project Objectives

This assignment is set to provide students with an opportunity to:

• Analyse an accounting information system to support a relatively small business system with some e-commerce capabilities

• Use narrative description for documentation

• Report 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.

Overview

Your group (of four members) will learn about and propose a design of part(s) of an accounting information system (e.g. accounts payable, general ledger) or a system closely related to the AIS (e.g., sales, human resources). Your first task is to determine which business scenario (from one of the business environments provided on the ACT304 Learning site) your group will use. And then determine which interactive parts (subsystems) of an accounting information system you will design.

By the end of week three, your tutor will allocate students to the groups and will assign business scenarios. Next, your tutor will determine which sub-systems (four in total) to be analysed by the group. Once you receive this information, you will plan your work as a group for the project.

Next, you need to gather information about the industry of the firm indicated in the case study. You should conduct both a manual and an on-line literature search to find recent, relevant articles in newspapers, trade journals, general business periodicals, etc. Examine the Web sites (if they have one) of potential competitors, an industry association etc. The purpose of this review will be to help you understand the operational and strategic challenges which affect how the firm’s AIS is used by accountants and managers in the organisation. On an ongoing basis, you should also read relevant periodicals in case a relevant current article discusses the firm’s industry.

The information you gain from your literature search will form the basis of your understanding of the AIS requirements and form the basis of your AIS design. Then you will prepare the first section of your assignment report that describes the client’s organisation and its industry and document the AIS (including a system narrative and a document/system flowchart) and compare AIS design with the generic AIS described in the text. As part of the AIS design process, you will identify suitable software application(s) to support your system design. Normally suitable software application(s) are identified after the system has been designed and system specifications are identified. However, it may be possible to integrate the process of application selection and design as an iterative process.

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