ASSESSMENT DETAILS AND SUBMISSION GUIDELINES TrimesterUnit CodeUnit Title Assessment Type Assessment TitleWeight Total Marks Word Limit Due DateT2 2021HA2042Accounting Information Systems Assessment...

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ASSESSMENT DETAILS AND SUBMISSION GUIDELINES TrimesterUnit CodeUnit Title Assessment Type Assessment TitleWeight Total Marks Word Limit Due DateT2 2021HA2042Accounting Information Systems Assessment 2: Individual Assignment System Analysis and Selection30% of the total assessments30 MarksNo more than 2500 wordsThe written reports is due in Week 12, dated 08th October 2021, on Friday at 11:59pm. Purpose of the assessment (with ULO Mapping) Students are required to:• Understand and explain the place of an accounting informationsystem in the context of the organisational structure and operatingpractices (ULO 2),• Identify, analyse, and compare different types of accountinginformation systems (ULO 3), and• Use different methodologies to evaluate various accountinginformation systems (ULO 4). Submission Guidelines • All work must be submitted on Blackboard by the due date along with a completed Assignment Cover Page.• The assignment must be in MS Word format, double spacing, 12-pt Arial font and 2 cm margins on all four sides of your page with appropriate section headings and page numbers.• Reference sources must be cited in the text of the report and listed appropriately at the end in a reference list using Harvard referencing style.• Include a minimum of ten (10) references, at least five (5) from peer- reviewed journal relevant to the unit.Adapted Harvard ReferencingHolmes has now implemented a revised Harvard approach to referencing:1. Reference sources in assignments are limited to sources which provide full text access to the source’s content for lecturers and markers.2. The Reference list should be located on a separate page at the end of the essay and titled: References.3. It should include the details of all the in-text citations, arranged alphabetically A-Z by author surname. In addition, it MUST include a hyperlink to the full text of the cited reference source. HA2042 T2 2021 – Assessment 2: Individual Assignment Page 1 of 8

For example;P Hawking, B McCarthy, A Stein (2004), Second Wave ERP Education, Journal of Information Systems Education,Fall, http://jise.org/Volume15/n3/JISEv15n3p327.pdf4. All assignments will require additional in-text reference details which will consist of the surname of the author/authors or name of the authoring body, year of publication, page number of content, paragraph where the content can be found.For example;“The company decided to implement an enterprise wide data warehouse business intelligence strategies (Hawking et al, 2004, p3(4)).”Non - Adherence to Referencing GuidelinesWhere students do not follow the above guidelines:1. Students who submit assignments which do not comply with theguidelines may be required to resubmit their assignments or incurpenalties for inadequate referencing.2. Late penalties will apply per day after a student or group has beennotified of a resubmission requirements.Students whose citations are fake will be reported for academic misconduct HA2042 T2 2021 – Assessment 2: Individual Assignment Page 2 of 8
BackgroundAssignment detailsDeli Delicious is a manufacturer of deli meats and savoury snacks in Melbourne Australia. The financial department uses spreadsheets and manual processes for much of its data gathering and reporting. The financial analyst spends the final week of every month collecting spreadsheets from the heads of various departments. She then consolidates and re-enters all the data into another spreadsheet, which serves as the company’s monthly profit and loss statement. If a department needed to update its data after submitting the spreadsheet to the main office, the financial analyst had to return the original spreadsheet and then wait for the department to resubmit its data before finally submitting the updated data in the consolidated document.You are working as a junior Business Analyst in an accounting/ management consultancy firm in Australia. Recently, you are assigned to work with Delia Delicious. As of the limitations of its current manual accounting systems, the client believes that an investment in a cloud-based accounting software is needed to support the growth of their business.RequiredYou are required to prepare a report to evaluate and recommend a cloud-based accounting software for the above client. The report should include the following components:1. Background• Assess the impact of this situation on business performance and management decision making.• Identify the major internal control weaknesses in the above business activities.• Discuss the possible risks associated with each of the identified control weaknesses.2. System requirements• Outline the software features/ functionalities that your client should consider supporting its business activities.3. Software selection• Visit the websites of at least two (2) accounting software package vendors (e.g. SAP, MYOB, Xero, etc.) and provide a brief description of each vendor and its products.• Compare and contrast the features/functionalities of two cloud-based accounting software packages offered by accounting software package vendors.• Identify the most suitable vendor and accounting software package for your client and explain why it is the best option.Assignment structureThe report should include the following components1. Holmes Institute Assignment Cover Sheet2. Executive SummaryThe executive summary should be concise and not involve too much detail. It should make commentary on the main points only and follow the sequence of the report. Write the Executive Summary after the report is completed, and once you have an overview of the whole text.HA2042 T2 2021 – Assessment 2: Individual Assignment Page 3 of 8
3. Contents PageThis needs to show a logical listing of all the sub-headings of the report’s contents. Note this is excluded from the total word count.4. IntroductionTypically, the introduction is a short paragraph which includes background, scope and the main points raised in the order of importance. There should be a brief conclusion statement at the end of the introduction.5. Main Body Paragraphs with Numbered Sub-headingsThis section contains the detailed information which elaborates on the main points raised in the introduction. Each paragraph should begin with an exact topic sentence, then supporting sentences with facts and evidence obtained from research and finish with a concluding sentence at the end.Body of the report should contain sections to answer the above issues and with appropriate section headings6. ConclusionThis section contains a logical and coherent evaluation based on a thorough and objective assessment of the research performed.7. List of referencesInclude a minimum of ten (10) references, at least five (5) from peer-reviewed journal relevant to the unit.8. AppendicesThis section includes any additional explanatory information which is supplementary and/or graphical to help communicate the main ideas made in the report. Refer to the appendices in the main body paragraphs, as and where appropriate. (Note this is excluded from the total word count.)Marking criteriaWeighting in Total Grades2%3% 3% 3% 5%5%Assess the impact of this situation on business performance and management decision makingIdentify the major internal control weaknesses in these business activities.Discuss the possible risks associated with each of the identified control weaknessesOutline the software features and functionalities that your client should consider supporting its business activitiesVisit the websites of at least two (2) accounting software package vendors (e.g. SAP, MYOB, Xero etc.) and provide a brief description of each vendor and its productsCompare and contrast the features/functionalities of two cloud-based accounting software packages offered by accounting software package vendorsMarking criteria HA2042 T2 2021 – Assessment 2: Individual AssignmentPage 4 of 8
Identify the most suitable vendor and accounting software package 5% for your client and explain why it is the best optionPresentation 2% Research quality 2% TOTAL Weight 30% HA2042 T2 2021 – Assessment 2: Individual AssignmentPage 5 of 8
Excellent (80-100%)Marking RubricVery Good (70-79%)Good Satisfactory Unsatisfactory (60-69%) (50-59%) (0-49%) Assess the impact of this situation on business performance and management decision making/2 An excellent discussion of the impact of this situation on business performance and management decision making of the above client. A very good discussion of the impact of this situation on business performance and management decision making of the above client.A good description of discussion of the impact of this situation on business performance and management decision making of the above client. An adequate discussion of the impact of this situation on business performance and management decision making of the above client. An appropriate discussion of the impact of this situation on business performance and management decision making of the above client. Identify the major internal control weaknesses in these business activities./3 Identify all major internal control weakness for the business processes. Identify most major internal control weakness for the business processes. Identify most major internal control weakness for the business processes with minor errors Identify some internal control weakness for the business processes with errors and/ or omissions Fail to identify any major internal control weakness for the business processes. Discuss the possible risks associated with each of the identified control weaknesses/3 Discuss all possible risks associated with each of the identified control weaknesses. Discuss most possible risks associated with each of the identified control weaknesses.Discuss most possible risks associated with each of the identified control weaknesses with minor errors. Discuss some possible risks associated with each of the identified control weaknesses with errors and/or omissions. Fail to discuss any possible risks associated with each of the identified control weaknesses. Outline the software features and functionalities that your client should consider supporting its business activities/3 Present an excellent discussion on the features and functionalities of accounting software that your client should consider. Present a very good discussion on the features and functionalities of accounting software that your client should consider.Present a good discussion on features and functionalities of accounting software that your client should consider with minor errors and/or omissions. Present a discussion on features and functionalities of accounting software that your client should consider with errors and/or omissions. Unable to present a proper discussion on features and functionalities of accounting software that your client should consider HA2042 T2 2021 – Assessment 2: Individual AssignmentPage 6 of 8
Visit the websites of at least two (2) accounting software package vendors (e.g. SAP, MYOB, Xero etc.) and provide a brief description of each vendor and its products/5 Present an excellent description of accounting software package vendors and their products. Present a very good description of accounting software package vendors and their products.Present a good description of accounting software package vendors and their products with minor errors and/or omissions. Present a description of accounting software package vendors and their products with errors and/or omissions. Unable to present an accurate description of accounting software package vendors and their products. Compare and contrast the features/ functionalities of two cloud-based accounting software packages offered by accounting software package vendors/5 Present an excellent comparison of features and functionalities of two cloud-based accounting software packages. Present a very good comparison of features and functionalities of two cloud-based accounting software packages.Present a good comparison of features and functionalities of two cloud-based accounting software packages with minor errors and/or omissions. Present a reasonable comparison of features and functionalities of two cloud-based accounting software packages with errors and omissions. Unable to present a proper comparison of features and functionalities of two cloud-based accounting software packages. Identify the most suitable vendor and accounting software package for your client and explain why it is the best option/5 Propose a choice of an accounting software package based on very strong arguments. Propose a choice of an accounting software package based on strong arguments. Propose a choice of an accounting software package based on reasonable arguments. Propose a choice of an accounting software package based on weak or inadequate arguments. Unable to propose a proper choice of an accounting software package or back the proposed choice with a valid argument. Presentation Report included all elements and was very well presented. Writing flowed clearly and sections were linked very effectively. Referencing was exemplary. English was Report included all elements and was well presented. Writing flowed clearly and sections were linked effectively. Referencing was of a high standard. English was usedReport included all elements and was generally presented appropriately. Writing mostly flowed well and sections were linked. Referencing was in accordance with Report included most elements and was adequately presented. Writing sometimes did not flow clearly leaving the paper to seem disjointed in areas. Referencing was Report lacked some elements and was poorly presented. Writing often did not flow clearly leaving the paper to seem somewhat disjointed. Referencing was not HA2042 T2 2021 – Assessment 2: Individual Assignment Page 7 of 8

/2used very effectively and was error-free. effectively with very few errors present. guidelines. English was used effectively with few errors present. somewhat in accordance with guidelines. Basic English was used with some errors present. entirely in accordance with relevant guidelines. Basic English was used with errors present. Research quality/2 An extensive amount of high-quality evidence from peer- reviewed journal articles and other sources was included and used effectively to support discussion. A broad range of quality peer-reviewed journal references and other sources was included and used effectively to support discussion.An adequate range of peer-reviewed journal references was included and used to support discussion. An adequate range of peer-reviewed journal references was included and used to a basic extent to support discussion. Little or no peer- reviewed journal references were included and these were rarely used to support discussion effectively. HA2042 T2 2021 – Assessment 2: Individual Assignment Page 8 of 8
Answered 3 days AfterOct 03, 2021

Answer To: ASSESSMENT DETAILS AND SUBMISSION GUIDELINES TrimesterUnit CodeUnit Title Assessment Type Assessment...

Neha answered on Oct 07 2021
129 Votes
Executive Summary
Deli Delicious is a company working in the manufacturing industry    of meats and snacks. It goes under multiple transactions on daily basis because of the kind of industry they are in. A lot of checks and duties are to be performed by several people to make sure that every aspect puff supply chain is considered and there was no missing out on the normal looses or abnormal losses or on returns and credits for any of the supplier, customer or vendors. Since these kinds of transactions ar
e not just done in bulk but requires multiple layers of accounting data insertion and correction it can become very important for the companies to have an automated and AI based system that helps in correct booking and reporting of accounting transactions taiga place in the company.
The accountant waits for multiple days to get approval from the personals to make sure the data is correct. This leads to his wastage of time and resources.
Given these situations it is suggested that company adopts accounting information seems to gain faster services and avoid any kind of discrepancies and problems in the system of accounting booking and reporting.
The suggestion would be to go for SAP or Backline Qlilkview. Since, these are AI automated and are easy to use and have many inbuilt features that help in better accounting policy and procedure alignment.
SAP is a leading provider of enterprise software solutions for better management of work and data in organizations across all industries. When Systems, Applications and Products in Data Processing (SAP) was founded in June 1972, it was only focused on Type A companies or large enterprises. However, over time, small and medium-sized businesses adopted SAP to achieve their organizational goals, and today SAP is a leader in enterprise applications. Over time, various SAP modules have been developed which focus on different areas. Professionals can become a SAP network specialist, SAP FI / CO courses for financial and accounting control, SAP database administrators, SAP security consultants, etc. On the other hand, management professionals can opt for SAP Customer Relationship Management, SAP Business Intelligence, SAP Sales and Distribution, SAP Business Information Warehouse and more. SAP offers software for the business world, and many of their solutions are business-based. The SAP HCM module is the software adapted to the human resources department of an organization. The work of a human resources organization goes far beyond just recruiting. From hiring professionals to managing details of designation, payment, compensation, promotion, etc., are supported by the HR.SAP HCM module which allows you to keep better track of everything. There are various SAP HCM submodules for different processes such as organizational management, personnel administration, recruiting, time management, payroll, ESS and MSS and reporting. Organizational management manages the human resources of the entire organization in order to achieve a defined goal; personnel administration, on the other hand, handles details like salary, performance appraisal, etc. Erecruitments improves an organization's recruiting processes, time management enables better management of employee work and time, payroll manages payment details, and more.
Contents Page
Introduction
Main body
· Background
· System requirements
· Software selection
Conclusion
List of references
Introduction
Deli delicious is a company involved in an industry which has multiple transactions been done on daily basis. The number of transactions done a proper accounting to be done of r the same becomes a very tiring and a very touch ob for anybody. The confirmations and booking and reporting and implementing of the suggestions take a long number of time. The accountant take a week long to make the changes and then also to get the sheets from all he department and updating the same. This not only makes the process long but also it makes it very tiresome and open to mistakes and negligence. It is important in the given situation that a proper accenting system is implemented for the correct and easy accounting of transactions.
The company should implement SAP for the accenting information and its maintanenance.
Main body
Background
The company is continuously owing is operations and plans. The transactions are growing and it is not possible to be handled by manual intervention. The expansion of business requires balance between accounting and budgets and that’s something the company requires too.. The company requires software which could full its accounting reporting requirements and can also helps it as always from legal issues by fulfilling them.
Project goals and objectives
The goals are to establish a system of proper accounting process and proper reporting. Target is to have budgetary controls in hand, and accessible, and in connection with accounting requirements.
Key stakeholders and consultation process
1. Business Owner
2. Providers
3. Online Support
4. Management
5. Employees
6....
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