Highlights
Purpose of the assessment (with ULO Mapping) Students are required to:
• Critically evaluate the purpose and role of accounting information systems in today’s business environment (ULO 1),
• Evaluate systems development methodologies and the role of accountants in system development projects (ULO 3), and
• Appraise the risks inherent in computer-based systems/ERP, including the role of ethics and the various internal control processes that need to be in place (ULO 4).
Assignment Details
Part A. Literature Review.
Select the topic of your interest from the Accounting Information System (attend drop-in session to get guidelines on the selecting the topic and conducting the literature review). Do the literature review and select five articles from your selected topic. Required: Synthesize these articles to identify the literature gap. Part B. System Analysis and Selection Report.
Background You are running an accounting/management consultancy firm. One of your clients is currently evaluating its information systems, and the Managing Director of your client thinks that they needed to invest in an Enterprise Resources Planning (ERP) system to support the growth of the business. During your first meeting, the managing director of your client requested you to evaluate their business and recommend ERP software. Client/Company Selection You are required to select a listed company of your choice (your firm’s client). The selected company should be a manufacturing firm listed on either The Australian Stock Exchange or the Stock Exchange of your home country. The chosen company is your firm’s client. Framework of Analysis The report should include the following components:
1. Background of the Selected Business 1.1 Evaluate the business process of your client to identify potential weak internal controls and the risk associated with these potential weak controls. And recommend the HI5019 T1 2021 - Assessment 2: Group Assignment Page 3 of 9 control techniques that will reduce or eliminate the potential risks. [Hint: your response should be based on our discussion in Interactive Tutorial 4 to 6.] 2.
Systems Requirements
2.1 Briefly discuss the software features and functionalities that your client should consider supporting its business activities. [Hint: your response should be based on Section 1.1 above.]
Software Selection
3.1 ERP functionality falls into two general groups of applications, including core applications and business analytical applications. We will discuss these general groups of applications in Week 10 Interactive Tutorial (Chapter 11: Enterprise Resource Planning System). Based on our tutorial discussion, summarise these two general groups of applications.
3.2 Compare and contrast the features and functionalities of three ERP software packages offered by the ERP vendors. Hint. Try to apply the general functionalities and key elements of ERP systems we discussed in Week 10 Interactive Tutorial.
3.3 In the end, identify the most suitable vendor and ERP software package for your client and explain why it is the best option.
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